Comments on: What is Financial Coaching? How to Become a 6-Figure Coach https://www.luisazhou.com/blog/become-a-financial-coach/ Business Coaching Sun, 05 May 2024 16:55:45 +0000 hourly 1 By: Jill https://www.luisazhou.com/blog/become-a-financial-coach/#comment-43140 Sun, 27 Aug 2023 14:59:22 +0000 https://www.luisazhou.com/?p=12039#comment-43140 This is great content, thank you for sharing! I’m a freelance/contract employee in the film industry and am a real estate agent as well. I would like to add ‘financial coach’ as another one of my pursuits because I see a lot of freelancers struggle in the slow periods (especially now that the film industry is on strike) and not have enough savings built up to weather the storm. I also come across people who really want to buy their first home but aren’t qualified due to low credit scores or not being able to save up enough for a downpayment. Through self-education (reading books, research, listening to podcasts) I’ve learned about investment, saving and money management enough to grow my net worth 20x in the past 7 years, and I feel that I can help others do the same. I don’t want to spread myself too thin by adding another hyphen to my LinkedIn Profile, but this feels like it could be a natural fit for me (and a good way to transition out of freelance work to focus just on financial coaching and real estate within the next 5-10 years). I’m inspired, thank you!

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By: Luisa Zhou https://www.luisazhou.com/blog/become-a-financial-coach/#comment-37658 Thu, 29 Jun 2023 14:12:51 +0000 https://www.luisazhou.com/?p=12039#comment-37658 In reply to Lisa.

That’s wonderful. Wishing you the best!

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By: Lisa https://www.luisazhou.com/blog/become-a-financial-coach/#comment-37584 Wed, 28 Jun 2023 19:45:36 +0000 https://www.luisazhou.com/?p=12039#comment-37584 I’m starting a financial coaching business to empower high-achieving women in their 40s to optimize their finances while improving their financial literacy and creating healthy money habits.

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By: Luisa Zhou https://www.luisazhou.com/blog/become-a-financial-coach/#comment-35154 Wed, 24 May 2023 12:05:00 +0000 https://www.luisazhou.com/?p=12039#comment-35154 In reply to BizEpic.

Don’t get stuck in not knowing – take action and do some research to find out! (This is an established market.)

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By: Luisa Zhou https://www.luisazhou.com/blog/become-a-financial-coach/#comment-35153 Wed, 24 May 2023 12:04:23 +0000 https://www.luisazhou.com/?p=12039#comment-35153 In reply to Phil Markert.

Sounds like you’ve figured out a great method that works for you – and I’m sure will work for many others too! That’s the foundation for building something amazing that is unique to you and helpful to so many!

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By: Luisa Zhou https://www.luisazhou.com/blog/become-a-financial-coach/#comment-35151 Wed, 24 May 2023 11:57:56 +0000 https://www.luisazhou.com/?p=12039#comment-35151 In reply to Hadja Fatou.

Thank you Hadja!

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By: Luisa Zhou https://www.luisazhou.com/blog/become-a-financial-coach/#comment-35150 Wed, 24 May 2023 11:57:31 +0000 https://www.luisazhou.com/?p=12039#comment-35150 In reply to Carla.

That’s wonderful! Money management skills are so needed! But unfortunately, most of us have to learn through the “school of hard knocks.”

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By: Luisa Zhou https://www.luisazhou.com/blog/become-a-financial-coach/#comment-35149 Wed, 24 May 2023 11:51:16 +0000 https://www.luisazhou.com/?p=12039#comment-35149 In reply to Chaya Cajas.

That’s fantastic that you’ve already helped your sister! I would start with the basics – do some market research (this is an established market), get clear on what you can offer, and start sharing your knowledge + offer – online and with your network.

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By: Chaya Cajas https://www.luisazhou.com/blog/become-a-financial-coach/#comment-35096 Tue, 23 May 2023 18:01:51 +0000 https://www.luisazhou.com/?p=12039#comment-35096 I am interested in becoming a financial coach, but not sure where or how to get started. While in school for my degree in accounting, I helped my sister get out of an impossible financial situation that was going to leave her homeless. I helped her manage her own finances, avoid eviction, and taught her the value of placing money in savings all while having little money to survive on. This got me thinking I might be able to help others manage their money in similar situations. Of course, I did not charge my sister for my services, and I am not sure how to turn this into a business.

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By: Carla https://www.luisazhou.com/blog/become-a-financial-coach/#comment-31540 Fri, 31 Mar 2023 04:07:42 +0000 https://www.luisazhou.com/?p=12039#comment-31540 I have “pulled myself up by my bootstraps” financially speaking.
I started as a young adult with no money management skills, if I had money in the bank before next pay day it meant I had money to spend on stuff, right? That was my mindset, so saving for anything never occured to me.
Now, through the school of hard knocks, I’ve learned money management and how to play the credit game to my advantage and I want to help teach others how to as well.

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