FInd a Finacial Coach with Savings Jar

Savings Jar is a financial coaching marketplace where individuals and families can search for the services they need, quickly connecting with an experienced financial coach who can help them achieve their goals. We connect financial coaches with the individuals and families who need them most.

Why hire a financial coach? 

Financial coaches provide instruction and advice to help people eliminate unhealthy habits and establish better budget practices; but before they get started, they take a little time to understand their client’s unique routines and aspirations.

• Set and stick to a financial plan

• Improve financial behaviors

• Support and resources

Client FAQ

What is financial coaching?

Coaching is a process to achieve set goals. In coaching, an experienced person called a coach aids a client in setting and executing a plan. The client drives this process. Financial coaching includes establishing financial goals and providing the accountability to reach or modify those goals. 

Why financial coaching? 

Coaching is one of the most effective ways to help people reach a financial goal. A financial coach provides the daily know-how and accountability needed to set and achieve financial goals. Like other types of coaching, there is always the opportunity to reach a goal and establish the next one. For example, a coach can work with a client to pay off student debt, then set a new goal of eliminating all debt or contributing to a retirement account. 

What is financial wellness? 

Individuals and families that reach financial wellness have achieved the following milestones:

• Can meet current and future financial obligations. 

• Have fully-funded emergency funds to meet most financial emergencies.

• On track to accomplish their retirement goals. 

What is financialwellnes.coach?

Savings Jar is a financial coaching marketplace connecting individuals and families looking to reach financial wellness with a financial coach’s help. Financial coaches share a passion for supporting individuals and families to achieve financial wellness. 

How do I get started? 

At Savings Jar, our goal is to match clients with the right coach at the right price. The matchmaking process includes the following:

1. Choose your financial goal.

2. Get matched with financial coaches with expertise in that goal.

3. Schedule an introductory conversation with a coach. 

4. Hire the right financial coach for you. 

What is a financial coaching introduction call?

An introduction call is an opportunity for you and the financial coach to talk before any financial commitment. The intro call is an excellent time to learn about the financial coach’s experience, success stories, and process. You should discuss the financial coach’s rate and packages during this call. You and the financial coach need to ensure it’s the right fit. 

Most coaches devote up to 30 minutes to the intro call. 

What is the cost of financial coaching?

It’s free to create an account and set an intro call. The financial coaches set the coaching rate. Some financial coaches list their prices on their professional profiles. 

How much does it cost to connect with a financial coach?

Nothing. It’s free to search and connect with a financial coach. 

When do I pay for the financial coach’s service?

You pay for financial coaching following the intro conversation once you and the financial coach agree on a fee and start a professional relationship.

New Address for the RHCIE's Blog

Shalom,

We have a new address in the Rutgers Hillel website. Link. 

What the Jewish Community can learn from Chipotle about strategy

The website punk Torah recently published a post titled Three Reasons Why Chipotle Is Better Than Synagogue. According to the article’s author, Chipotle never fails him while synagogues usually fail him, and the differences between Chipotle and synagogue are the following:

1. Chipotle gives people what they want.
2. The best places do the minimum, in the best way
3. Successful places show genuine care about their customers.

The article concludes with the author’s opinion that synagogues’ competitions are not other synagogues but other leisure activities and the key to success is to serve others.

I agree with the general ideas in the article about quality, care and value proposition. I want to suggest another layer to the argument to present in the article—what the Jewish community can learn from Chipotle about strategy. I understand that Chipotle has a very compelling value proposition: cheap, fresh and healthy Mexican food. All the foods that you can get at Chipotle are variations of about 4 key ingredients. Chipotle does not offer breakfast items, coffee, or sophisticated desserts. Based on the lack of these items, I assume that Chipotle also has made decisions about foods they don’t serve or services they don’t provide. It is not a diner. This is a clear tradeoff. A diner has a different value proposition. There are a lot of items on the menu. A family can go to a diner and every family member can find something for her taste.  A diner has a different value proposition than Chipotle. A diner offers a variety of foods, but a diner can be more expensive than Chipotle or and offer food that is less fresh.

The Harvard Business School professor Michel Porter wrote that strategy is about choices in the following fields:

• Fit—activities should reinforce each other
• Tradeoff—actions that the company should not take
• Unique value proposition—a different way to deliver goods and services.

It is easy to see the choices that Chipotle made. Now I want to bring this back into the Jewish community. How many organizations make the choices that Chipotle did? Crafted a unique value proposition? Are there organizations that have a list of activities/services they don’t provide?

The Rutgers Hillel value proposition is different from other Jewish organizations on the Rutgers campus. The Rutgers Hillel value proposition is its open view of Judaism and a core belief that a positive connection to Israelis essential for a strong, healthy Jewish identity. Rutgers Hillel creates and support initiatives that promote open Judaism and Zionism. A student that walks into the Rutgers Hillel building is aware of the organizational view of open Judaism and Israel. Given that information, a student can make an informed decision whether to walk in or not.

As the director of the Rutgers Hillel Center for Israel Engagement (RHCIE) I am responsible for its strategy. I defined RHCIE core activities as the following:

• To become a hub of Israel AWARENESS
• To create a sustainable LEADERSHIP Model
• To foster RELATIONSHIPS between the Rutgers Community and the People of Israel.

These core activities are based on research and efforts to create the best fit with the Rutgers Hillel mission. But there is also an unpublished list, the activities that RHCIE does not do. For example, RHCIE only supports programs that address two out of the three core activities. We do not run programs that don’t have a clear Israel flag, meaning that Israel plays a key role in the program. In supervision meetings with staff and students I frequently ask what activities the program should not include.

In the food industry there is a place for establishments with a limited variety such as Chipotle and establishments with a larger menu, such as diners. The same is true for Jewish organizations, meaning there is a place for organizations with different strategies, but an organization cannot implement multiple strategies simultaneously.

Tzvi Raviv is the Director of Rutgers Hillel Center for Israel Engagement