Principle 2: Empowerment and Self-determination

Empowerment is the process of gaining control and strength, while self-determination is the right and ability to make one’s own life choices. Empowerment facilitates self-determination by providing individuals with the capacity to take control of their lives and goals. Both are driven by the need for autonomy, competence, and relatedness, and are essential for personal growth, motivation, and well-being. Here we focus on two highly important aspects of financial mentoring.