From our archive. This article was published on 12 July 2022. Rules and amounts may have changed since.
Budget coaching is a service in which a professional, the budget coach, helps you improve and take control of your financial situation. This is done through personal guidance and practical tips on how best to handle your money.
Budget coaching can help you in a variety of situations, such as when you have debts, struggle to make ends meet, or are not sure how to save or how to invest. A budget coach can teach you how to draw up a budget plan, how to cut your spending, how to pay off your debts and how to save for the future.
Through budget coaching, you can create more financial peace of mind and security. You learn how to handle your money responsibly and how to stay financially healthy in the long term.