Dan Persuitte
Coach
I’m Dan, and Yellow Wood Coaching is my Integrated Financial Coaching (IFC) practice. Below you can learn about the six core principles of IFC and the seven stages of the IFC process. To learn more about me and the Yellow Wood Coaching story feel free to click the About YWC button below.
Six IFC Core Principles
Money and Value are Distinct
Money is important for several reasons, but it is a tool for getting value - not the actual value itself. Throughout the IFC process this distinction is explored more thoroughly for goal-setting, preparation, and planning.
Always Start With Why
The “why” is the foundation for a strong goal, plan, and the actions to bring about the outcomes you seek. This is one of the very first focuses of the IFC process.
Coaching is a Partnership
The coaching relationship is a partnership, through which we'll focus together on achieving your financial wellness goals. Your coach is in your corner supporting you all the way!
The Seven Stages of IFC
Integrated Financial Coaching is the name for my unique approach to partnering with people looking to improve their financial wellness. The term “integrated” refers to the whole person and whole life approach to determining the most meaningful life outcomes you want and the financial approach to achieving them. Keep reading for a brief introduction of each of the seven stages of the IFC process. And when you’re ready to know more you can use the button to request a free intro session for us to talk one-on-one.
1
New Client Onboarding
Important aspects of starting off right are covered including (but not limited to) how our coaching sessions will work, meeting times and methods, expectations, and space to get to know each other, etc.
2
Personal Assessment and Goal Identification
The coach and client will identify some key elements of the current situation to form the foundation for growth, and discuss the client’s intended focus areas. Personal values and the “whys” behind goals are discussed and identified before identifying initial goals.
3
Meaningful Goal Exploration
Identified goals are used to explore meaningfulness and establish the difference between targets and goals. Adjustments and refinements are made as appropriate throughout. The motivation effect is introduced and discussed.
4
7
Integrated Financial Planning
Two new concepts are introduced and discussed: the Personal Value System (PVS) and the Integrated Financial Plan (IFP). Special attention is given during this stage to the distinction between money and value and the interconnectedness of value in life.
5
Mindsets and Behaviors Exploration
The meaning, motivation, purpose model is introduced. Limiting beliefs and emotional barriers are explored as the client’s relationship with money is an area of focus. The importance of focusing on progress and not expecting perfection is strongly emphasized during this stage as well.
6
Implementation and Tracking
The IFP is implemented during this stage following the action steps identification and planning. Skills identification to determine further learning areas for continued growth are explored as well. Special focus is given to what can get in the way and the support network as both are key parts of this stage also.
Adaptation and Future Planning
Discuss the approach for continuous reflection and progress tracking, as well as celebrating successes. The Adaptive Financial Approach (AFA) is created as a plan to navigate changing focuses, circumstances, and priorities for ongoing success. Tips and techniques for maintaining agility are explored.
