Did you know that coaching is one of the fastest-growing industries in the world?
Coaching is defined as the solution made in the 21st century to help individuals cope with the pressing demands and challenges of a modern personal and professional life (Louis & Diochen, 2018).
People need help with life. The market has an abundance of life coaches, health coaches, career coaches, wellness coaches, business coaches, why should it be so different to have a money coach. It’s just like having a personal trainer for your money.
Financial literacy levels are at an all-time low. A recent 2020 report by The University of Western Australia and research by ASIC and Deloitte found that generally, Australians are not very financially literate.
A Roy Morgan 2018 study shows that only 9.7% of Australians 14+ use a financial adviser, many of them with incomes over $130,000.
This brings us to the dilemma that people need help with money skills and financial literacy but they are...
19th April 2021
INCREASE YOUR INCOME AND SKILLS BY HELPING OTHERS IMPROVE THEIR FINANCIAL WELLBEING
In 2020, money took centre stage with the coronavirus as economies collapsed, jobs were cut and businesses took massive revenue hits.
In 2021, money is likely to remain top of mind for Australians looking for opportunities to create more income, diversify their businesses or start a home based business.
Australians score low on financial literacy
Having more money doesn’t automatically mean a better, financial future. What’s more important is learning how to manage it.
A 2020 report by The University of Western Australia and research by ASIC and Deloitte found that generally Australians are not financially literate. Worryingly, young people under twenty five years are the least financially literate.
The pandemic has shone a light on a critical issue: Australians don’t know how to manage their money and are at risk of becoming ‘financially...