This month, we’re starting a series of conversations with other financial coaches, discussing the commonalities of what we see our clients face, how we help them overcome those challenges and what tactics couples can use to start taking complete control of their money.
My first guest coach is Kelsa Dickey, with Fiscal Fitness Phoenix and the Financial Coach Academy. A 15 year veteran in the personal finance coaching world, Kelsa has plenty of stories, experiences and lessons she’s told, seen and learned with her clients.
Her approach integrates insights from the financial and fitness realms, drawing parallels between managing money and maintaining physical health. In this conversation, Kelsa talks about finding a financial approach that aligns with her client’s natural inclinations or goals, and highlights how important mindset and consistency is to achieving financial success. She delves into the personal aspect of money management, addressing fears and misconceptions that often hinder progress, and emphasizes the significance of personal buy-in to any financial plan.
Kelsa also alludes to the life changing benefit of working with a personal finance coach and comments that managing money is not a one-size-fits-all approach, which means most people need personal guidance and accountability to truly succeed in their journey to achieving financial independence.
Key Points and Quotes Highlighted:
- Building Confidence and Overcoming Intimidation:
Couples need to overcome their intimidation of money and build confidence in managing finances. This involves recognizing and addressing any fear or lack of knowledge regarding money matters. When empowered to trust their decision-making abilities and provided with the necessary tools and knowledge, they can overcome financial intimidation and make informed choices.
- Adaptive Financial Planning:
Financial plans need to be flexible and adaptable to accommodate life changes, such as starting a family, changing careers, or investing in new ventures.
- Value of Financial Coaching:
Hiring a financial coach provides personalized guidance, support, and accountability, helping individuals navigate financial challenges, learn from mistakes, and achieve their long-term goals effectively.
“You don’t just go and start lifting 200 pounds in the gym because you decided that you want to start lifting 200 pounds in the gym tomorrow, right? Like you have to train your body to get ready to lift 200 pounds… And honestly money is the exact same way.”
“Your financial health is just as important as your physical health. Just as you invest time in taking care of your body, you should invest time in taking care of your finances.”
“Don’t let the intimidation of finance hold you back. Take small steps, educate yourself, and gradually build your confidence. Remember, everyone starts somewhere.”
“Making financial mistakes is inevitable, but it’s essential to view them as opportunities for growth and learning.”
“Success in financial management comes from ongoing efforts, progress, and improvement over time, rather than striving for perfection from the outset.”
“Our job is to believe in our clients and help them see their potential, even when they can’t see it themselves.”
Ready to take the next step in gaining control over your money?
- Download the “6 Secrets to Healthy Money Conversations” guide
- Register for my FREE masterclass “Financial Freedom Blueprint” here
Or
3. Schedule a FREE Discovery Call to determine if you would benefit from 1:1 coaching
