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A money coach for more financial happiness

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A money coach for more financial happiness

Do you have the feeling that something is going wrong financially and you urgently need support? Or are you simply not satisfied with what you are achieving? A money coach will help you find a tailor-made solution to your problems. He will show you new ways and you will learn to define your goals correctly. You will gain a better attitude towards money and experience a transformation that will really help you move forward in life.

When do you need a money coach?

Many people are notoriously bad with money. No matter how much they have, there is always too little of it. That's how it was once Bodo Schäfera money coach who now works successfully as a trainer and bestselling author. At the time, a coach taught him the principles of personal development and he experienced a wonderful transformation that eventually led him to financial freedom helped.

The problem is often home-made and often a result of upbringing. Many people achieve their goals because they block themselves and don't really believe in themselves. This inhibits development and weakens the Self-esteem. Money coaching counteracts this shortcoming. It draws attention to the actual personal Potential and thus opens up possibilities that were previously hidden.

What is a money coach and how can they help you?

The Money Coach helps you to achieve your financial goals by not only supporting you with budget planning, but also giving you a better understanding of money management in general. It helps youto change your perspective and define your own goals. In this sense, he acts as a sparring partner rather than a consultant. His discussion techniques and questions are designed to help you work out a solution that really suits your unique personality.

The alternative to a personal coach

Instead of personal support from a money coach, many people use a cash and budget tracker. You can attach this to your wrist and take it with you when you go shopping. For example, there is a Money Coach Android app that helps you manage your money. The app helps you stick to your savings plans and gives you an up-to-date overview of your personal financial situation. It's a clever tool that effectively supports and rewards you.

bodo schaefer money coach

The difference between money coaching and financial advice

Money coaching focuses on the development of your personality. The money coach focuses on your individual financial habits and attitudes. In contrast, the financial advisor focuses primarily on investment strategies. A money coach does not offer investment or financial advice and therefore does not broker financial products. You work on your personality and not with the financial resources currently available to you.

Conclusion: The Money Coach does not solve the problems for you by finding attractive forms of investment, for example, but rather encourages you to find adequate solutions yourself in order to maintain a better relationship with money in general.

5 reasons why you should consider a money coach

There are various reasons for hiring a money coach. The focus is always on improving the financial situation.

1. reduction of debt

Are you in debt and want to finally enjoy financial freedom and live a carefree life? The Money Coach will boost your self-confidence and help you get out of trouble on your own.

2. saving for a major purchase

Do you have a big and important wish that you can't fulfill because you simply can't manage to put enough money aside? With the help of money coaching, you can identify potential savings. Perhaps you will also find a way to use your personal talents to make additional savings. Earn money.

3. better allocation of the budget

Are you already running out of money in the middle of the month? Learn to manage your money more cleverly and live more carefree.

4. developing a better awareness of money

Do you lack the right relationship with money? Learn to appreciate the value of money properly. The Money Coach shows you how to get a better feel for financial matters.

5. long-term financial security

Are you longing for a carefree future? The Money Coach provides you with the tools for a solid long-term financial basis that will enable you to maintain your standard of living even after retirement.

How do you choose the right money coach?

Not everyone who calls themselves a money coach is able to support you effectively. Experts who have completed training usually have a certificate as proof of performance. Find out about the coach's qualifications in advance.

It is also important that the chemistry between you is right. You need to interact well with each other and ideally there should be a relaxed atmosphere. Only then is it possible for you to really get involved in money coaching and draw strength from the sessions. In addition, the Coach with sufficient experience in those areas that are personally relevant to you.

The money coaching process: what can you expect?

It all starts with the analysis. This is similar to a doctor's anamnesis. You explain your problems and inform the Money Coach about the current state of affairs. This is used to assess your financial situation.

You then devote yourself to the Setting Goals. You develop strategies together to achieve the set goal. The coach encourages you to find a solution on your own. Regular progress reviews serve to keep you focused on the goal you have set.

money coaching

The influence of your personality on your financial decisions

Money coaching is not the same for everyone. This is due to the different personality types. Each of these requires a different approach to finances and money. Some people spend their money hesitantly, others throw it around, others save and still have nothing and some people only live in the here and now and hardly think about the future. A good money coach takes your characteristics into account and develops a strategy that suits your personality.

8 steps to make the most of your money coaching

How to get the most out of your money coaching session:

  1. Do good preparatory work and think before the session about where your strengths and weaknesses lie.
  2. Define your problems and don't hide them. Own up to your weaknesses, because you can work on them.
  3. Set realistic goals. Don't expect too much from money coaching, because it certainly won't make you a millionaire overnight.
  4. Let yourself be guided. The Money Coach knows exactly what he is doing. He has a good People skills and puts you on the right path.
  5. Say if something doesn't suit you. Openness is extremely important in coaching because it creates a solid basis of trust.
  6. Ask questions. The Money Coach is there to answer them. Think about what you would like to know before the session.
  7. Think and work together and behave cooperatively. Be open to new ideas and accept them even if they seem unfamiliar to you at first.
  8. Implement the plans you have drawn up and achieve your goal step by step.

The long-term benefits of money coaching

Money coaching is a method of personal development. It therefore offers long-term benefits. Ideally, your financial situation will change permanently. In the coaching sessions, you learn for your entire life. The positive changes don't just affect your finances, they are good for your general well-being and boost your self-confidence.

With the help of money coaching Beliefs on the subject of money that block you in your development. Money is undeniably linked to values and goals connected and more than just a simple means of payment. Many people are still misled, for example, by the assumption that too much money spoils character. The FaithThe idea that ordinary people will never achieve wealth is wrong. Many of these mental blocks are inherited.

Conclusion: Your path to financial clarity and independence

Money coaching helps you to clearly define your goals and to recognize and exploit your individual potential. Everyone is capable of gaining control over their finances and thus achieving a financially secure and sustainable life. self-determined life to lead. The Money Coach supports you in achieving your financial goals.

Permanently more prosperity and a generally good Positioning are not magic. Free yourself from obstacles and remove all the blockages that have been weighing you down all your life. Forget what you have learned about money so far and experience your personal transformation now.

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Reviewed by Dr. med. Stefan Frädrich

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