I can’t thank you enough for this. I’ve already have a couple people in my circle that I’ve chosen to take on. Such an inspirational post. Thank you for the positive feedback
Thank you so much for this information! I’ve wanted to take this route for awhile now, just wasn’t sure where to start. I don’t feel financially prepared to invest in the academy yet but now I have something to work towards! Very helpful guidance ❤
@@FinancialCoachAcademy I'm really interested in becoming a couch! I submitted a request to Financial Coaches Unite. Have not been approved yet. Please let me know if this is possible. Thank you
If you have a business license. Why do you think you don't need a business bank account? You can much easier keep track of business expenses and revenue with a business bank. Most businesses that are serious have business bank accounts. Running this stuff through personal accounts gets messy.
I think you should separate business and personal income and expense. You should definitely have different accounts! What I said was that your "business bank account" can be one of the bank's personal accounts. So you don't need to open a BUSINESS account at the bank (which usually has fees, etc) in order to operate the account as a business account. Hope that helps to clarify!
There is such a need for this right now. Would it be a good idea to start with a financial coach agency to get experience first before going at it solo? Great info too. ❤
Can a financial coach teach how to invest your own money and the terminology of the stock market. And how to set up your own brokerage and IRA accounts ??!?? Please respond!!!!
Investing advice is outside the scope of what a financial coach does. To do that you need to have the appropriate licenses. There might be opportunities for a financial coach to do some education, but not advising.
Thanks for sharing! That’s encouraging!
Glad it was helpful!
You are very informative. Thank you for this video!!
You're welcome! Glad you found it helpful.
I can’t thank you enough for this. I’ve already have a couple people in my circle that I’ve chosen to take on. Such an inspirational post. Thank you for the positive feedback
that is so wonderful to hear, congratulations!
Thank you so much for this information! I’ve wanted to take this route for awhile now, just wasn’t sure where to start. I don’t feel financially prepared to invest in the academy yet but now I have something to work towards! Very helpful guidance ❤
You've come to the right place! We are here for you and can't wait for the day that you join the Academy!
Thank you for this!!
You're welcome! Glad you enjoyed it!
@@FinancialCoachAcademy I'm really interested in becoming a couch! I submitted a request to Financial Coaches Unite. Have not been approved yet. Please let me know if this is possible. Thank you
Good video. 😊. GoldProfessor
Thank you and we're happy that you enjoyed it!
If you have a business license. Why do you think you don't need a business bank account? You can much easier keep track of business expenses and revenue with a business bank. Most businesses that are serious have business bank accounts. Running this stuff through personal accounts gets messy.
I think you should separate business and personal income and expense. You should definitely have different accounts! What I said was that your "business bank account" can be one of the bank's personal accounts. So you don't need to open a BUSINESS account at the bank (which usually has fees, etc) in order to operate the account as a business account. Hope that helps to clarify!
There is such a need for this right now. Would it be a good idea to start with a financial coach agency to get experience first before going at it solo? Great info too. ❤
I would definitely start solo!
Can a financial coach teach how to invest your own money and the terminology of the stock market. And how to set up your own brokerage and IRA accounts ??!??
Please respond!!!!
Investing advice is outside the scope of what a financial coach does. To do that you need to have the appropriate licenses. There might be opportunities for a financial coach to do some education, but not advising.
My husband wants to participate so wouldn't a LLC be better than sole proprietorship?
I'm not sure that would matter a whole lot when you first launch.
If he plans on hiring and selling products later down the line LLC is better if its just a side hustle you don't want to scale then sole prop better.
@@Missginalove Right, down the line I agree. But in order to launch it's probably not necessary.