Personal Budgeting Services: Who can help me budget my money?

Financial coaches, financial counsellors, household cash flow managers and financial advisers... which one is right for you?

Budgeting services in Australia

There are a range of budgeting services in Australia that can help you budget better. The best option for you will depend on your financial situation, whether you can DIY with a bit of guidance, and whether you're also seeking financial product advice (e.g., investment advice).

Your options include:

How to choose the right budgeting service for your needs

We'll get into more detail in the comparison table below, but here's a rough guide for determining which budgeting service will be the best fit for your needs:

What do the different budgeting services offer?

The table below outlines the key differences between the professionals that offer budgeting services, including financial counsellors, financial coaches, household cash flow managers, and financial advisers.

Financial counsellors Financial coaches Household cash flow managers Financial advisers
Typical client situation Financial hardship Living pay-to-pay Overwhelmed Significant savings
Typical fees Free (if in hardship) $400-700 $2,000-4,000 $2,000-5,000
Financial goal setting
Spending awareness
Budgeting
Saving tips/strategies
Accountability partner
Capability building -
Investment advice - - -
Insurance sales - - -
Kickbacks/commissions - - -
Debt advice -
Negotiating/disputing debt - -
Regulated qualifications - -

The benefits of using a budgeting service

Managing your money can feel overwhelming, especially when you're juggling bills, savings goals, and daily expenses. While many people try to budget on their own, using a professional budgeting service offers several advantages that can make a significant difference in your financial health.

The key reasons our financial coaching clients mention for seeking out a budgeting service include:

Where to find budgeting services

Once you've decided which type of budgeting service is the best fit for your needs, here are some resources to help you find the right professional for you:

Take Control of Your Finances Today

If you're keen to learn more about how financial coaching can help you better budget your money, then schedule a free 15-minute call now.

Our goal during this no-pressure chat is to get to know you, learn more about your financial challenges and goals, and answer your questions about how financial coaching can help you manage your money with confidence and smash your goals.

If you have any immediate questions, or need help with scheduling, please call us on 0422 025 499 or email us at info@affordahouse.com.au.