10 Reasons You Need a Financial Coach - Part 1

We delegate lots of things for lots of reasons.  Do you have someone wash your car, mow your lawn or repair your cars?  You’ve probably said yes to many of these.  Here’s the deal, we are not masters of all. We know just a little about a lot of things. Does someone cut and style your hair?  Think about it.  Why do we pay someone for this service?  Simply put, I can’t get my hair to look anything close to what a professional stylist can do.  She is trained to cut, yes color J, and style my hair to keep it looking good.  I wouldn’t even try to bring scissors to my own head!

Sure I can wash blow dry and style my hair but I leave the cut and color to professionals.  Yes I can wash my car but it would take me half the day, a load of towels to wash, and an additional workout when I can simply pay $15 for someone else to do it in less than 30 minutes.

Listen, we outsource lots of things in our lives for various reasons.  And guess what?  If all of us weren’t such great delegators then we would all be out of work!  Isn’t it time you thought about outsourcing your financial management as well?

Here are 10 Reasons you need a financial coach

1.      You don’t like numbers or numbers don’t like you…

Many of us were never taught how to pay bills, manage our cash, or build a savings.  We were thrown out into the world, told to get a job, and never shown how to make it all work.  At the end of the day, we had debt, bills coming out of our ears, and now we can’t find our life vest to save our financial lives.  A financial coach can help you get organized, create a plan of action for your bills, and teach you how to create the future you desire.

2.      Managing money isn’t your strong suit.

All of us are capable of writing checks, paying bills online, or setting up automatic payments.  After all we are smart… J However, most of us don’t do it accurately, we don’t understand proper timing with cash in and out, or we are unmotivated to figure it all out on our own.  Face it, we need each other.  If you didn’t go to school for money management chances are you aren’t that interested in doing this work full time.  But your home requires full time attention just like your job.

Check back each week to get the rest of the tips!