#58: How do you handle a client being paid biweekly?
Episode 58: How do you handle a client being paid biweekly?
Join Josh and Amelie as they discuss coaching clients with biweekly pay, including what to do with those magical three paycheck months!
Top takeaways:
- Josh’s ONLY (at least possibly only!) answer that isn’t “it depends!” The topic? Whether to budget biweekly pay by paycheck or budget monthly.
- Deciding what to do with 3rd paychecks is a FUN money conversation! Pay towards goals? Upgrade goals? Splurge on a night out?
- When working with a client who works on commission, figure out a baseline of “here’s how much you need to survive” and then add a second layer of “here’s your slightly more comfortable life.”
Resources mentioned this episode:
- FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. Check out the interest list here (open beta starting in early 2023!) https://www.financialcoachesnetwork.com/money-coach
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
- Looking for financial coaching software? Sign up for the interest list for FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. https://www.financialcoachesnetwork.com/money-coach
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