A financial coach explains how coaching can help you pay off your mortgage faster, build passive income, and improve your overall financial health. The speaker argues that having a coach accelerates your progress and increases your happiness.
Did you know most Australians don't have a financial coach? A lot of people think they don't have the time or the money for a financial coach, but they seem to think that they should have a fitness coach or personal trainer. And so what we really believe is having a personal trainer for your finances is the key to getting ahead financially. Those people who do have a financial coach have retired faster with an even greater passive income stream and a better quality of lifestyle. In retirement, we're finding the people with coaches are paying off their mortgages in under 15 years compared to everyone else out there who doesn't have a coach and is paying the mortgage off in 30 years. So the best part about having a coach is you know exactly where you're at. You've got that accountability and discipline, someone weighing you in every single month to make sure you're moving forward financially. And we really feel the secret to happiness is financial progress. You're working your guts out, you're doing so much overtime, but you're not moving ahead financially. And you don't know how to move ahead financially. You're spinning the wheels. By having a financial coach to guide you, track you and monitor you, you're going to achieve your financial goals a lot f.
