How Money Coaching Can Change Your Relationship with Money

Sep 26

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Feeling Overwhelmed by Budgets? Try Money Coaching!

What is Money Coaching?

Have you ever found yourself staring at your bank account, scratching your head, and wondering where all your money went? Or maybe you’ve tried budgeting in the past but felt like nothing but restriction, rather than a helpful tool.

If any of this sounds familiar, then you might just need a money coach. But what exactly is money coaching?

The Basics of Money Coaching

Imagine having a personal trainer, but instead of guiding you through squats and push-ups, they’re helping you flex those financial muscles. That’s essentially what a money coach does. A money coach works with individuals to develop healthier, more positive relationships with their finances. It's not just about crunching numbers; it's about changing the way you think and feel about money.

Money coaches work with you one-on-one to understand your financial situation, identify challenges, set goals, and develop strategies to achieve those goals. They help you understand the WHY behind your spending habits and teach you practical strategies to make better financial decisions. Plus, they can provide accountability, encouragement, and practical advice along the way. Whether you're trying to pay off debt, save for a big purchase, or simply get better at managing your day-to-day expenses, a money coach can help.

Why You Might Need a Money Coach

Now, you might be thinking: Why do I need a money coach when I can just Google budgeting tips? Well, sure, you could do that. But let me ask you this: How many times have you read an article about budgeting or saving money only to forget about it five minutes later? Exactly. (I’m the same with working out - I think about it a lot, but it’s definitely so much easier when my husband actually drags me to the gym with him! 🤣)

A money coach offers personalized advice tailored specifically to your situation. They take the time to understand your unique financial landscape and create a plan that works for you. Plus, they hold you accountable. It's one thing to set a budget; it's another thing entirely to stick to it. Having someone in your corner cheering you on can make all the difference.

Here are a few signs you might benefit from working with a money coach:

You Feel Overwhelmed by Your Finances: If the thought of looking at your bank account gives you anxiety or if you're constantly worried about making ends meet, a money coach can help bring clarity and peace of mind.
You're Not Sure Where Your Money Goes: Do you find yourself wondering where all your hard-earned cash disappeared to at the end of each month? A money coach can help you track your spending and identify areas where you can cut back.
You Have Financial Goals but No Plan: Maybe you want to buy a house, start a business, or retire early—but you're not sure how to get there. A money coach can help you create a roadmap to reach your dreams.
You're Stuck in Debt: If you're drowning in credit card debt or student loans and can't seem to make progress on paying them off, a money coach can provide strategies for getting out of debt faster.

What does working with a money coach actually look like?

Every coach has their own process, but here’s a little bit more about how I personally work with my 1:1 coaching clients.

Goal setting, dreaming big and digging into your motivation - this is key to help you stay on track when things get hard down the road (which they likely will).
Money mindset - one of my favorite pieces of the process! How you think and talk about money is critical.
Financial inventory - here’s where we start looking at the numbers, where is it that you are currently starting from?
Your money history - diving into how you grew up with money can have a significant impact on being able to make positive changes today.
Budgeting - ok, I also love the budgeting piece too! Here we’ll dive into YNAB and get you set up with my favorite budgeting tool.
Action and maintenance - finally we start taking action towards those goals we set at the beginning and start making progress toward your best life!

*Learn more about why it is important to address all sides of money, not just the numbers, in my $1 ebook.*

Is money coaching is right for you?

Here are some benefits to consider:

Personalized Guidance: Unlike generic financial advice found online or in books (which can be overwhelming), money coaching offers personalized guidance tailored specifically to YOUR needs.
Improved Financial Literacy: Working with a money coach can boost your understanding of key financial concepts, empowering you to make informed decisions.
Increased Confidence: As you gain control over your finances and start seeing progress toward your goals (goodbye debt!), you'll likely experience increased confidence in handling future financial challenges.
Reduced Stress: Knowing that you are in control when it comes to managing finances (rather than feeling like money is controlling you) can significantly reduce stress levels related to money matters.
Accountability Partner: Having someone hold you accountable makes it easier to stay committed to achieving your financial goals—even during tough times when motivation wanes.

Final Thoughts

Being in control of your finances can literally be life-changing. When YOU are at peace with your money, the feeling is, honestly, fantastic.

And this is what I want for you. It is my mission to help more people learn to LOVE budgeting and be in control of their money.

By taking control of your personal finances, imagine the positive change you could help spread throughout your family, community, or possibly even the world!

When we manage our resources wisely—we open doors previously unimaginable before—in terms of supporting causes close to our hearts, whether by donating to charities or volunteering time. Imagine the ripple effect this creates throughout our entire society!

And finally, in case no one has ever told you: you deserve the best in this life! We only get one life to live, so why not make the absolute best of it? Money doesn’t have to be a constant burden. Money coaching just might be the solution you’ve been looking for.

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