What is Consumer Counseling?
Consumer counseling is a process that seeks to help consumers become more proficient with matters of money management. This is accomplished by assisting consumers in such matters as designing a home budget, setting financial goals, evaluating quality versus cost of various consumer goods, and using available resources to create a solid financial base for the future. Non-profit agencies as well as some professional organizations that perform intensive evaluations of the personal finances of their clients provide consumer counseling. The scope of consumer counseling can be very broad or focused on the needs of an individual consumer. When it comes to general guidelines for financial security, consumer counseling will make use of advice and tips related to the process of creating and effectively using a budget. The guidelines are also likely to include tips for planning for major purchases or expenses well before the purchase or expense takes place. Information and tips on establishing sa
