Updated: Oct 16, 2019
Why do people need a cash flow coach?
Successful athletes recognise the power of coaching. The role of a sports coach has been described as one that "enables the athlete to achieve levels of performance that may not have been possible if left to his/her own endeavours."
In the corporate world, leading companies also understand that coaching can help career-minded professionals increase their performance at work. Today, businesses are not only investing in coaching for their senior management but also across the full range of organisational personnel.
So, how do these realisations translate when it comes to an individual’s desire to have a cash flow coach?
A recently commissioned report – the Financial Fitness Whitepaper, concluded that more than 50% of Australians are stressed about their finances, with around 85% saying it impacts their wellbeing.
While the numbers are startling, there is a spectrum of reasons people will be ‘stressed’ about their cash flow and an array of areas that a certified cash flow coach will be able to work with and assist individuals in transforming their lives.
Find Direction - many people drift from paycheque to paycheque without much of a plan. A cash flow coach can help with focus, goal setting and putting in place small manageable steps to start the journey.
Identify Blind Spots - A cash flow coach can help dig deeper into the individual psyche and really analyse strengths, weaknesses, areas for improvement and the blind spots that are holding them back. Individuals who truly understand themselves can then work on becoming the person they need to become, in order to achieve the success that they desire.
Reach Potential – some people have the basics in place but aren’t really achieving what they are capable of. Having a cash flow coach helps them get motivated and serious.
Maintain Focus – distractions and temptations can easily derail a person’s cash flow goals. Cash flow coaches understand these things are part of the process and getting back on track is an important part of building successful habits.
Accountability – when only answerable to oneself, it’s easy to say “I’ll do it tomorrow” – and then ‘tomorrow never comes’! A cash flow coach is there to be a conscience, providing a supportive nudge in the right direction and seeking answers when procrastination sets in.
Time and Stress – when people reach a stage of financial control and independence, a huge weight is lifted. A cash flow coach’s main role is to assist people get to a financially stress-free point in their lives.
Confidence – achieving positive cash flow habits translates to confidence and a winning mindset in other areas of people’s lives.
Overall Wellbeing - Whatever issues are being faced in life, working with a cash flow coach is all about putting the individual back in the driving seat and equipping them with the road map. When people are in control of their lives, struggles become easier to handle; they feel happier, more positive and supported, and confident about getting out there and pursuing their dreams.
elevateB provides the training program as well as support and ongoing development of certified cash flow coaches. Individuals who choose to work with a certified cash flow coach are better placed to achieve financial independence and security. If you would like to make a difference and help everyday Australians be more financially prudent and savvy, consider becoming a cash flow coach today. Click here.