Wealth coaching is for everyone. One percenters. The forty-seven percent. Everyone can use a little wealth coaching. If you are not one of the 1%, you will really benefit from the use of a wealth coach. Who knows…a wealth coach may even help you become wealthy!

What is a Wealth Coach?

A wealth coach is someone who has been trained in all financial areas and will help you change bad financial behaviors and maximize positive opportunities. A good money coach will help you eliminate debt, build and maintain wealth, and learn new behaviors to make your financial life much brighter.

Does Money Make You Happier?

In 2012, Time magazine reported on a study which concluded that people who earned over $75,000 were happier than those who earned less. Seems logical…right? So – does money really make you happier?

There is no conclusive evidence that money brings happiness. However, it is doubtful that poverty makes people happier, either. What really makes people happy is to have enough for what they want and to have control over their finances. A wealth coach can help you achieve that!

7 Ways Wealth Coaching Can Help Control Your Finances

1. Know your finances. A wealth coach can help you get a grasp on what you have, what you owe, and how to keep track of your finances on a regular basis. The road to wealth begins when you stay on top of your investments and know the state of your finances.
2. Don’t procrastinate. This one goes hand in hand with the first tip listed above. Don’t pay your credit cards late, read your bank statements when you get them, find out about any unknown charges or fees immediately, and pay your bills on time.
3. Don’t overspend. This one seems like a no-brainer, but with the prevalence of plastic money, it is easy to get in a financial hole…very quickly! The rich make purchasing decision based on their current financial status. They don’t buy Ferraris until they have accumulated enough well to buy one without going into debt.
4. Don’t waste money on unnecessary fees and expenses. The wealthy watch where their money goes. They account for every cent. They understand ways to eliminate unnecessary fees. A wealth and money coach can help you learn to manage money like the rich.
5. Know the balance between price and value. Yes, it’s good to get a deal. However, if that deal only gets you an inferior product, it may not be the deal you think it is. Wealth coaching will help you understand value.
6. Getting wealth is as much about earning as it is saving. Once a good financial coach has taught you how to save, the next step is to learn how to earn. Wealth coaching can help you find ways to maximize your earning potential – both in your career and with your investments. There is a limit on how much you can save (depends on how much you make and how much you must spend each month), but there is no limit on how much you can earn!
7. Adjust your finances after a major life event. Everyone experiences ups and downs. If you experience a major life event, wonderful or tragic – death of a spouse, birth of a child, inheritance, a stock market crash – you need to reevaluate your finances and adjust them if necessary.

Will wealth coaching make you wealthy? Will wealth coaching make you part of the 1%? Probably not. But a good wealth coach can help modify your behavior and teach you ways to make wealth possible. With the skills learned from a financial expert, you will then have the power and the skills to make yourself wealthy!

SPECIAL BONUS — If you would like step-by-step blueprints for generating a massive income from high paying coaching clients, I invite you to claim your FREE ACCESS to the “Life Coach Salary Secrets” video toolkit. Go HERE to get it FREE.

Fred Philips
Business Coach
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