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Five Reasons to Become a Financial Health Coach

November 8, 2011 by Fred Phillips Leave a Comment

If you are thinking of a career in coaching, you should consider becoming a financial health coach. Mentoring people on personal finances is one of the most lucrative and dynamic segments of the coaching industry.

Many people are saying, “retirement, what retirement?” The economic news has been so bad for so long, it’s difficult for people to believe that there is a light at the end of the tunnel. That is where you, the financial health coach, comes in. You can help people make wise choices with their money and retirement funds. You can show them ways to save, places to invest, and investment plans to follow.

The Number One Reason to Become a Financial Health Coach

Your money! Making money and being involved with money is the number one reason to enter the financial health coaching field. Six-figure incomes are not unheard of it! In fact, the possibility that you can make a six-figure income is very real, provided you help your clients maximize their money. You will be working in a world of money where the possibility of making boatloads of the green stuff is very real!

4 More Reasons To Become a Financial Health Coach

Jobs! As an expert on how to make and save money, you will find a world full of opportunities. People are concerned about their investments, their ability to pay college costs for their children, having enough disposable income to enjoy a few luxuries in life, and having enough left to retire at a reasonable age with enough money to maintain a certain lifestyle. Opportunities will be plentiful after your training and certification as a financial health coach.

Other people’s money! Can you think of a better field to be part of? I can’t! If you like money, and who doesn’t, this career choice puts you squarely in the middle of the action. You will teach your clients the how, the where, and the what of investing and maximizing their financial resources.

Demand for your services! Most people think of investing and financial planning as a chore. Something they should do, like take out the trash, but hate to do. That’s where you, the money expert, comes in. People are overwhelmed by investing. They lack the time or the inclination, and have trouble developing and maintaining good investment and monetary habits on their own. Because it’s a task people have trouble mastering on their own, there will always be a strong demand for money experts!

Job Satisfaction! Yes, this is a rewarding career. There is nothing more rewarding than making money for someone else. Or, helping them save a huge pile of cash. Financial health issues affect almost all of us. According to a research poll done by divorce360.com, money problems are the number one reason for divorce. As an expert in personal money issues, you can help couples stay together!

As a coach, you help clients earn more, save more, and make what they earn and save go farther. All this, while you earn a great income. Now that’s satisfying!

Remember that old Pink Floyd song, Money:

Money
It’s a gas
Grab that cash with both hands and make a stash
New car, caviar, four star daydream
Think I’ll buy me a football team

As a financial health coach, you’ll be able to show your clients the way to their “four star daydream,” while you pursue your own. it’s a win/win situation – what could be more rewarding than that?

By the way… you’re invited to claim your FREE step-by-step “Life Coach Salary Secrets” video toolkit. Just go HERE now to get your Life Coach Salary Secrets.

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

Filed Under: Financial Health Coach, Money Coach Tagged With: Financial Health Coach, Money Coach

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