Which statement accurately describes financial counselors?

Financial counselors primarily assist and educate individuals about managing their finances effectively, helping them make informed decisions about budgeting, debt management, and financial planning. Their role is centered around providing guidance and support rather than offering comprehensive financial planning services typical of certified financial planners. They focus on establishing a strong financial foundation for their clients rather than providing specialized investment management services or concentrating exclusively on retirement planning. This makes them particularly valuable for individuals seeking help with day-to-day financial challenges and achieving short- to mid-term financial goals.