Financial coaching, an intervention using a coach-client model of regular one-on-one sessions to set and manage financial goals and design concrete action plans , has recently emerged as a possible complement to financial counseling and education as a way to improve personal financial outcomes. This report presents findings from a randomized controlled trial of two financial coaching programs that serve low- and moderate-income people. We report on program implementation, service uptake, and program impacts. Study findings suggest that a well-implemented coaching program with engaged clients can produce important improvements in certain financial outcomes.
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