Money coaches and financial advisors serve different purposes in financial planning. Money coaches focus on improving financial habits, such as budgeting and saving, and provide short-term assistance by teaching clients how to manage money effectively. Financial advisors, on the other hand, specialize in investment strategies and offer long-term advice by managing portfolios. While money coaches often charge flat fees or hourly rates, financial advisors typically earn through commissions or a percentage of assets managed. Both cater to different financial needs and goals.