Money Coaching Business

Business Idea: Start A Money Coaching Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$38.3K
Avg Startup Costs
$11.7K
Score
79
Market Size
Avg Revenue
Min Revenue
$2K/month
Max Revenue
$240K/month
Avg Days To Build
15 days

Feeling overwhelmed by finances and want to help others gain financial clarity? Consider starting a money coaching business. Money coaching focuses on guiding individuals to better understand and manage their financial lives, setting goals, creating budgets, and developing strategies for debt reduction and savings.

Starting a money coaching business involves more than just passion; it requires knowledge of financial planning and skills in communication and empathy. Youโ€™ll likely need certification in financial coaching or related fields and a solid marketing plan to attract clients. Additionally, creating a website and leveraging social media can help you reach a wider audience.

If you desire not just a profitable venture but also one that contributes significantly to others' financial well-being, a money coaching business offers a fulfilling path. With the right preparation and approach, you can build a client base and make a meaningful impact.

Revenue & Profitability

How much do money coaching businesses make?

Startup Costs

How much does it cost to start a money coaching business?

  • It can cost as low as $4 to start a money coaching business.
  • It can cost as high as $40,000 to start a money coaching business.

Learn more about the costs of a money coaching business.

Examples Of Successful Money Coaching Businesses

Successful money coaching business businesses and case studies

Consulting Successยฎ is a 7-figure, highly profitable business that offers courses and coaching programs for consultants looking to start or grow their consulting business, built through iterative content creation and audience validation.

$240K Monthly Revenue
$1K Startup Costs
Read by 9,371 founders

This case study is about Todd, a former athlete who transformed his own life by becoming active and losing weight, inspiring him to start Project9LIFE, an 8-week group coaching program that focuses on mindset and helping professionals aged 35-55 make progress in their lives, currently making about $40k/m on his way to $500k/m+.

$40K Monthly Revenue
$40K Startup Costs
Read by 1,119 founders

See full list of successful money coaching businesses.