#25: What software is there designed for financial coaches?
Episode 25: What software is there designed for financial coaches?
Join Josh and Garrett as they talk about what software is out there to make your life easier as a coach. It’s not really feasible to trust clients on their rough estimates of how much they spent; we as coaches really need hard numbers.
3 key takeaways:
- Software for financial advisers just doesn’t really cut it; it often doesn’t have great cashflow planning AND can open you up to liability with tools that you’re not legally allowed to use. Plus they’re super expensive for a new financial coach!
- FCN has partnered with an Australian company to port their existing software to the USA!
- At the end of your coaching program, you can continue providing immense value to your clients by continuing to categorize transactions for them—and you can continue to charge them for that while remaining front-of-mind for any future needs they have.
a.) People pay for convenience all the time (hiring someone to mow their lawn instead of doing it themselves, using Instacart instead of going to the grocery store, ordering takeout/Doordash/whathaveyou instead of cooking!)
b.) The belief that “clients need to do it themselves to get value” is just incorrect.
Resources mentioned in this episode:
- We’re gathering emails so we can let you know when FCN’s MoneyCoach software (formerly known as Your Spending Tracker/YST) is ready for you! Sign up here.
- FCN Launch (new cohort beginning June 5!)
Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey:
- Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity
- Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series
- Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch
- Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow
