Quality of Financial Counseling (1277)

How successful financial counseling is depends upon three factors: the person providing the counseling, the person being counseled, and the sponsoring business, agency, or organization.

How effective the counselor is depends upon her or his personal philosophy and skill in relating to the particular person or people being advised. Training, education, and experience, both personally and as a counselor, also affect the counselor’s effectiveness.

The person being counseled also brings past and present experiences, values, attitudes, and skills to the counseling experience. All these factors impact on the success of counseling.

Finally, the counselor’s sponsoring agency, organization, or business affects the success of counseling. Every sponsor of a financial counseling program has a particular program philosophy.

For example, some programs are more consumer-oriented than creditor-oriented, or vice versa. Some sponsoring entities may focus on short-term solutions, while others stress long-term education to help clients learn new attitudes and behaviors related to money management.

For more information on this subject, Please visit the College of Agricultural Sciences Publications Web site.

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