How To Become A Debt And Budget Counselor: What It Is and Career Path

What is a debt and budget counselor and how to become one

Updated January 8, 2025

3 min read

There is more than meets the eye when it comes to being a debt and budget counselor. For example, did you know that they make an average of $29.84 an hour? That's $62,061 a year! Between 2018 and 2028, the career is expected to grow 3% and produce 1,400 job opportunities across the U.S.

ScoreDebt And Budget CounselorUS Average

Salary

4.8

Avg. Salary $62,061

Avg. Salary $59,228

Stability level

6.1

Growth rate 3%

Growth rate 0.3%

Diversity

5.0

Race

American Indian and Alaska Native 0.46%

Asian 5.15%

Black or African American 6.86%

Hispanic or Latino 11.18%

Unknown 4.50%

White 71.84%

Gender

female 53.85%

male 46.15%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

6.1

Stress level is manageable

7.1 - high

Complexity level

7.1

Complexity level is challenging

7 - challenging

Work life balance

8.9

Work life balance is excellent

6.4 - fair

Key steps to become a debt and budget counselor

Explore debt and budget counselor education requirements

Most common debt and budget counselor degrees

Bachelor's

54.5 %

Associate

18.2 %

High School Diploma

9.1 %

Start to develop specific debt and budget counselor skills

Skills	Percentages
Customer Service	100.00%

Complete relevant debt and budget counselor training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New debt and budget counselors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a debt and budget counselor based on U.S. Bureau of Labor Statistics data and data from real debt and budget counselor resumes.

Research debt and budget counselor duties and responsibilities

Manage counsel for all IP and employment matters.
Perform comprehensive financial assessment of homeowners facing financial crisis and at risk of foreclosure.
Represent MMI professionally and effectively to all constituents through participation in professional development programs and through the certification process.

Prepare your debt and budget counselor resume

When your background is strong enough, you can start writing your debt and budget counselor resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a debt and budget counselor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable debt and budget counselor resume templates

Build a professional debt and budget counselor resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your debt and budget counselor resume.