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22-Jul-2017 12:20

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A financial coach, also called money coach, typically focuses on helping clients to restructure and reduce debt, reduce spending, develop saving habits, and develop financial discipline.

In contrast, the term financial adviser refers to a wider range of professionals who typically provide clients with financial products and services.

A 2010 study from Wayne State University evaluated the effectiveness of ADHD coaching on 110 students with ADHD.

The research team concluded that the coaching "was highly effective in helping students improve executive functioning and related skills as measured by the Learning and Study Strategies Inventory (LASSI)." Business coaching is a type of human resource development for business leaders.

Career coaching is not to be confused with life coaching, which concentrates on personal development.

Another common term for a career coach is career guide.

It provides positive support, feedback and advice on an individual or group basis to improve personal effectiveness in the business setting.

Business coaching is also called executive coaching, corporate coaching or leadership coaching.

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Further, standards and methods of training coaches can vary widely between coaching organizations.

Occasionally, coaching may mean an informal relationship between two people, of whom one has more experience and expertise than the other and offers advice and guidance as the latter learns; but coaching differs from mentoring in focusing on specific tasks or objectives, as opposed to more general goals or overall development.