Yes. Is my answer biased? Of course. But this is the response I’d give if you asked the question — and I know you’re thinking it.

In this video I break it down — from the financial situation you find yourself in, to the reasons you think you’re in the situation, to the benefits of coaching. If you resonate with this post, the answer is clear. If you’re still not sure, set up a call and we’ll figure it out together. I only want to work with folks whose life I can make a tremendous difference in, so if I can’t help you a whole lot, I will pass. Yes, I am business to make money, but I’m in business to make money by offering tremendous value. If I can’t do that for you, I won’t take you on as a client. It doesn’t benefit either of us. The money alone is not worth it. And to clients who pay up front I offer a money-back guarantee, so there’s no use in me taking on a client who I can’t actually help. It’s a waste of time.

Here I also get into the benefits and downsides of financial coaching. Because yes, there are downsides, as there are with anything. I feel strongly that they’re worth it, but it’s ultimately it’s up to you to decide.

Transcript:

Does this scenario sound painfully familiar to you? You hold your breath and take a peek at your balances – your checking account, your savings account and your credit card balances. And instant frustration takes over because they’re moving in the wrong direction?

The frustration could be from these numbers moving sideways – your checking account balance is about the same even though you’ve worked a lot since you last checked it. Your credit card balance is also about the same even though you’ve been trying to pay it down. And your savings account is still stuck at the same low amount.

Or you could be really overwhelmed from seeing these numbers actually move, but not how you want them to! Your checking account balance is way down, your debt is way up, and your savings is way missing.

You work too hard to barely be getting by.You make a decent living. Sure, making more money would be nice, but if you’re being honest, you know that you’re paid an amount that should provide for a comfortable living. But money always seems to be tight.

“Inflation,” you think to yourself. That has to be why. Inflation has been crazy the last couple of years. But then you recall back to those pre-inflationary days. The truth is that you were living on the financial edge then too. You were still frustrated with your financial progress, or lack thereof. So if you’re being honest with yourself, that’s not really it. It certainly doesn’t help, and it might be contributing to why things feel hard, but inflation is not really the cause of your financial frustration. You think to yourself, “It has to be something I’m doing, but I’m doing my best. What am I doing wrong?”

If this sounds like a conversation you’ve had with yourself, just know that lots of people are wondering and worried about the same thing. This is the real-life experience of most people – at any given time about 60-70% of Americans are living check to check.

I want to emphasize something here: Most people are struggling financially, and it’s not limited to the folks at the lower end of the income spectrum. It’s rich people too. It’s people making six figures, even multiple six figures. So before you get caught in the trap that you just need to figure out how to make more money, I’d like you to picture something for me.

Imagine someone you trusted looked through your finances with you in a calming, supportive, and non-judgemental way. That person holds space for you as you go through the emotional ups and downs from looking at your whole financial picture. Then they listened to your vision for your financial life and helped you make it a reality. They gently pointed out the limiting thoughts and beliefs that have been holding you back. They helped you change your relationship to money. On the practical level, they helped you get organized (your bills, accounts, debt), so that you got the feelings of overwhelm under control. They guided you to create a system that would keep things moving forward month after month. They showed you where your money has been going and helped you build a budget that reflects what’s important to you, and where you want your money to go. They taught you an easy way to track your spending and came up with a detailed plan for eliminating debt. In just a few months, you felt you were financially fit – you were confident in your ability to manage money and make smart spending decisions every day. You had a routine for handling money that made you feel that you were easily and naturally ‘great with money.’ And now you’re well on your way to accomplishing bigger financial goals, like a big trip, a wedding, new car, new business, and/or a down payment on a home or investment property.

Sounds pretty great, yeah? Well, it doesn’t have to be just some wild fantasy. That kind of person exists and you could have such a person in your life. That person is a financial coach, and this is why a financial coach is so worth it.

Think of how much money – and time – you’d save with a coach. The stress you’ll avoid. The decisions that you’ll make now that’ll make all the difference down the road. It’s priceless.

What if you could take the money that you’ re essentially wasting now – because you might currently have no idea how much money you’re wasting, but one of the first things you’ll discover when working with a financial coach is just how much money is mindlessly going out on things that make you no happier at all.  So what if you invested that money in a coach who is going to set you up to save your money and achieve your goals?

Of course it’s a no-brainer. Financial coaching is personalized guidance to transform your relationship with money and teach you a system for handling your money. Of course, as a financial coach myself, I’m biased BUT I have never heard anyone say that financial education did not significantly improve their life. Financial coaching is 1000% worth it. Over the course of your life, you will save tens of thousands, perhaps hundreds of thousands of dollars, based on what you learn from your coach. Because it’s not just tips and tricks that save you a few bucks here and there. This is a total reset in the way you think, believe, feel about, and behave with money. This is a new trajectory for your life. The investment is well worth it for both the money and heartache that you’ll save yourself. For most clients, financial coaching pays for itself in months.

Also, if you have financial stress in your partnership, relationship, or marriage, then the benefits of financial coaching are supercharged. Having peace and being on the same page as your partner makes life infinitely better. In some cases, it saves the relationship.

The monetary and well-being benefits make financial coaching absolutely worth it. I actually think most people know that. So when they ask, “Is financial coaching worth it?” I think what they actually want to know is, “Is financial coaching worth the potential embarrassment, shame and awkwardness I will feel when I let someone into my financial life?” Again – yes! Look. I get it.

Your finances are very personal. They’re a window into your achievements but also your struggles and flaws. It’s incredibly vulnerable to be seen this way. I understand that, and I won’t minimize the discomfort you might feel. It’s temporary though. And my clients tell me that the worst part for them in the whole proces is from the moment they decide to begin coaching and the moment our first session begins. But when we actually start, they realize that they were afraid of a monster that wasn’t really there. They’re relieved to find how smoothly it actually goes; how much they don’t feel all the terrible feelings that they were worried about. The clients who tell me they need coaching but delay getting started are really the ones who end up kicking themselves — because they’ve dragged out the uncomfortable part!

Truth be told, not every moment is easy. There are moments that feel hard. And we get through them gently. We wring them out for all the juicy lessons they have to offer while we also hold space for the feelings to flow up and out. Most of the time though, it’s honestly fun. Not just for me who geeks out on financial fitness but for my clients, who with every session experience real tangible progress towards the life they want for themselves. It takes a leap of faith that you can trust someone to be tender in such a sensitive area of life. Undoubtedly it takes courage, but financial coaching is definitely worth your time, money, and any possible, momentary, brief, slight discomfort.

I can’t encourage you strongly enough to go for it.  If you’d like to see if I’m the right financial coach for you, schedule a free (call) to find out.