Definition
Guidance from an experienced individual to help you learn about money management and investing. It’s like having a personal coach for your finances.
What to consider
- Seek advice from someone with real-life experience.
- Learn from their successes and mistakes.
- Use their insights to shape your own financial habits.
Real world scenarios
- Tara seeks advice from a seasoned investor who mentors her on portfolio diversification and market research.
- After college, Evan partners with an experienced entrepreneur as a mentor, shaping his budgeting and investment decisions early.
- Mentorship sessions help Rosa refine her savings strategies, bridging knowledge gaps and boosting her confidence in financial planning.
Related terms
Related Playbooks
Get instant access to all our expert playbooks and 1-1 financial coaching when you join the Bolder Money community. Learn more here.
Financial Coaching & Mindset
Emotional Spending Management Guide
Financial Coaching & Mindset
Ultimate Guide to Finding & Organizing Your Assets: A Complete Inventory System
Financial Coaching & Mindset
Money Journey Mapping
Financial Coaching & Mindset
Dream Life Visualization Guide
