Financial Counselling [#980538]

Free Download Financial Counselling
English | 2022 | ISBN: 1984658530 | 318 Pages | PDF (True) | 23 MB
Counseling has been important seemingly since the dawn of society. From parents and grandparents advising other family members to community leaders providing guidance to residents, counseling seems to have always been a natural part of the human experience. As people became more mobile during the Industrial Revolution and began migrating to cities, they became separated from traditional counselors in their families and communities. A lack of knowledge on how to address mental illness resulted in the isolation of many people in psychiatric hospitals and asylums. Financial counselling is a confidential service offered by community organizations, community legal centers and some government agencies. Financial counsellors are skilled professionals. Financial counsellors are nonjudgmental, qualified professionals who provide information, support and advocacy to people in financial difficulty. Their services are free, independent and confidential. In general, the role of financial counsellors is in helping people alleviate or resolve their financial difficulties through improvement of their financial literacy. It is recognized as an important component of policy responses to assist low-income households and individuals in financial stress.