What is typically the primary goal of a financial counseling session?

The primary goal of a financial counseling session is to help clients create actionable financial plans. This approach focuses on understanding the client's current financial situation, identifying their goals, and developing a structured plan to achieve those objectives. It is essential for counselors to assist clients in breaking down their financial aspirations into manageable steps, making it easier for them to navigate complex financial decisions and ultimately work toward financial stability and independence.

While promoting financial literacy is an important aspect of financial counseling, it serves more as a means to equip clients with the knowledge they need to implement and follow through on their financial plans. Selling investment products and offering tax preparation services do not align with the primary goal of counseling sessions, which emphasizes personalized guidance and support rather than transactional services. The emphasis on actionable plans ensures that clients have tangible methods for progressing toward their financial goals.