The question I usually get from people about how to make money as a life coach is the same question I get when I talk to clients: How do you make enough money to make ends meet?
Here’s my story: I was 22 when I started my career in the business. I was making $20,000-35,000 a year, maybe more to some clients. I had just graduated from college, had a car, a house, and had about $20,000 in my checking account. I didn’t know what to do with the money, so I applied for scholarships by emailing them all the names of schools and asked for $20 per semester.
I was happy with that number and made it through college. I also got my first part-time job (in a bar in Chicago), and we were able to pay my bills as well. At that point I realized I wanted to be a life coach. I wanted to do my own thing, build my own business and be able to spend my free time with my family. I wanted to travel on my own and take care of my business. I was on that mission even when I was living in Chicago and making $20,000 a year. As I kept spending more and more money on my business, I never felt financially secure.
That, more than anything, was what kept me making about $1,500 at the end of every month. I also started going from paying out of my pocket to having people pay my bills. I went from taking care of myself to having to pay some people to take care of me, because I was always spending and borrowing more than they were paying out of pocket.
After my first year of life coaching, I realized I needed to find better ways to spend my money. I started looking forward not so much to being paid each month and more to working on my business from my laptop or wherever possible. I realized I couldn’t afford to get to the point where I had to be self-sufficient and just pay back my loans because I’d lose my jobs. I needed to find a way to make some real money and live the life I wanted.
The best way I found was through writing about my life and experiences for people who were looking to gain some financial independence. I had a list of people on my blog who were looking for life coaching, and I figured if I wrote about what I knew I would be doing from a financially independent perspective, it should be a
how to start a life coaching business from home, life coaching business plan template, life coaching challenges, how to start a life coaching business pdf, life coaching business owner