Money Made Human Podcast

If you read the title of this episode and had an immediate reaction, you’re not alone. Dave is a marketing GENIUS, but he’s not a financial or money coach. In this episode, I’m going to break down the reasons that I believe Mr. Ramsey is not a financial coach, though you’re welcome to disagree with me - it’s your opinion that matters! All that being said, I recognize that Dave Ramsey has helped th...

Coaching is a $2.85 BILLION dollar industry, and it’s not slowing down anytime soon. In fact, between 2015 and 2019, the number of professional coaches increased by 33% - and the industry is continuing to grow, which means that understanding how to “be a coach” isn’t enough - you need to be a great coach, so today, I’m going to help you understand the differences between “good” and “great” coachin...

Wouldn’t it be awesome if you could share your thoughts with your client and they immediately got you - better yet, what if you just thought something and they automatically knew what to do? If you’re rolling your eyes, GOOD! Because this is the real world, and telepathy isn’t a skill I was gifted with. This is why I developed a framework for financial coaching when I started taking on clients.  M...

When you decided to become a financial coach, you were probably just like me - thinking you’d sit down with a client, explain the ins and outs of money - and they’d immediately “get it.” In one session, they’d see the vision, change their habits, and I’d be there to support them as they had an incredible transformation.  But, as I’m sure you’ve discovered, actually coaching someone through a real...

You’ve been working HARD to grow your business: you’re consistently generating 6-figures in revenue. You’ve got a full (or nearly full) client roster. Financial Coaching is most likely your primary (or only) source of income. You’ve been putting systems and processes into place to make sure that pricing, naming, and marketing are consistent. You’re doing good…but you want to keep growing.  And, if...

As you grow your business, you’ll likely have a goal that is tied (loosely or directly) to that illusive “6-figure year.” While this is a great goal to have, there are a lot of coaches out there who make achieving that “6-figure” dream far harder than necessary. They focus their attention on things that feel productive (like trying to be everywhere on social media, taking yet another course (you k...

Remember when I said that I was naive when I started my financial coaching career? My naivety was far more than just thinking that things would just simply “work” because I wanted them to - I dug in and learned how to run a business, how to package (and SELL!) financial coaching, how to deliver incredible, eye-popping results for my clients (while still having fun with them). I’ve created more tha...

When you start your business, you often go in with rose-colored glasses. You have an unshakeable positive outlook…oftentimes because you just don’t know any better. And then things get real. Usually really fast. And what you thought your journey would look like feels like a long time ago. If you’ve felt this, you’re not alone - when I first started my business, I was incredibly naive - I imagined...

Now that you’re a niching expert – you’re ready to put your head knowledge into real practice - this is where the “rubber meets the road” so to speak. As a financial coach, it’s important to niche - and not run away from the idea. It’s common to avoid creating a real niche for yourself because you’re afraid of someone “missing out” or “not getting help.”  Over the years, I’ve worked hard to niche...

Last we introduced the idea of “niching” your audience - your clients - so that you can better communicate with them and serve them. …but for some, just the thought of niching down to a “singular” ideal client is terrifying. Maybe you’re worried about limiting your prospects or potential. Or maybe you are afraid of saying “no” to someone who doesn’t match with the niche that you’ve chosen. Or mayb...

You’ve likely heard someone, somewhere talk about “niching” down…but you may not truly understand exactly what that is, or how to do it. And that’s exactly what we’re going to cover today. Your “niche” is just a fancy way to describe who you serve – and how they fit into the world. For example, here at FCA, our niche is financial coaches and people who want to become a successful financial coach. ...

When you first start out as a coach – regardless of the type of coaching you do – often, your first clients come from people you already know: family, friends, that one kid from high school who likes all of your posts…you get the idea.  But the magic doesn’t happen overnight – and it doesn’t happen if you don’t actually create opportunities to expand your network. In fact, if you want to grow your...

The income that you can make as a financial coach is quite literally up to you. According to Indeed, the Average salary for a financial coach is $59,277 – if you’re working for a company (like a bank or financial institution). In this case (working for a bank or other financial institution), you don’t pick your clients, you don’t pick or own your process, and you definitely do not have your own br...

When I hear that other coaches are worried because the people who need to hire them are “broke”...it always gives me pause. Often, we apply our own logic, our own experiences, and our own financial choices to others during our sales conversations – and that’s a dangerous thing to do. Are there people out there who cannot afford to hire a financial coach? Yes – but once you own the fact that you ac...

Want to know how you can make money as a financial coach? Get excited – in today’s episode of the Financial Coach Academy Podcast, we’re going to dive deep and discuss all the creative ways you can increase your revenue (from recurring/subscription options to 1:1 work).  I’m so excited to welcome fellow financial coach, Jean Chatzky who is joining us today for this conversation. Jean is the CEO of...

Financial coaching is just getting started – and I get asked all the time if people can actually “make a living” as a financial coach.  The short answer is an emphatic YES! The longer answer is…yes, but.  Yes, but everyone starts somewhere. When I first became a financial coach, my goal was small – I wanted to make $2000 per month. I was charging $50 per session…because I didn’t see the possibilit...

In today’s episode, we’re going to answer another burning question: is financial coaching different from financial advising?  The short answer is YES. While both financial coaches and financial advisors are needed in the world, financial advisors are future-focused. A financial advisor will run a variety of scenarios and your likelihood of financial success based on your investment strategies, rat...

In today’s episode, we’re going to spend our time dissecting financial literacy as it relates to financial coaching. Now, this could be a boring and dry conversation…but it doesn’t have to be!  Financial literacy is focused on education and knowledge. Financial coaching is focused on applying that knowledge and creating action steps so  your clients follow through with the financial goals they’ve...

In today’s episode, we’re going to discuss the actual demand for financial coaching. I get asked all the time whether or not the financial coaching market is “saturated”...and I have some pretty eye-opening statistics to share with you – including that 42% of people in the US are struggling financially - that's 138,000,000 people that need a financial coach.  It’s important to note that finan...

In today’s episode, we’re going to discuss what a financial coach is…and what a financial coach isn’t. My coaching journey began more than a decade ago with me working from my dining room table. What was once a little business of mine has grown into a 7-figure company that employs more than a half dozen people as of today.  While this has been my journey as a financial coach, it doesn’t have to be...

Welcome to the Financial Coach Academy Podcast - a podcast for aspiring and experienced financial coaches by Kelsa Dickey, a pioneer  in the financial coaching profession and CEO of the Financial Coach Academy. Join Kelsa for this in-depth podcast about all things financial coaching. She’ll tackle the most frequently asked questions about how to become a financial coach and run a successful busine...