How much does life coaching cost? Can you afford NOT to have it?
8th February, 20120 Comments
These two questions are likely to be questions you have asked yourself if you are thinking of engaging a life coach for the first time. You are likely to be questioning the value of coaching as a way of moving your life forward and maybe, you have reached the point where you need to do something different.
Being proactive and taking a positive approach to changing your life is an invaluable thing to do. You may already have set yourself life goals and taken steps towards achieving your outcomes. Reading this article is in itself a positive action to find out more about what choices you have and the impact it will have on your finances. So if life coaching is ‘invaluable’, and I believe that it can be the difference to living an indifferent life, to a life filled with choices, does this mean that money should not be a consideration.
Of course it does not. We are living in tough times and you may be one of those people who have found the recession impacting on your life. This can be through job loss, business losing money or stress of everyday living affecting your personal happiness. Life coaches, like any other service, need to be competitive on price as well as offering a unique and personalised approach to this life changing service.
Prices will vary from coach to coach and, quite often, from county to county throughout the UK. You will also find that life coaches often specialise in particular types of coaching and aim their services at a niche market. You may expect to pay more for those who match your niche – but this is not always the case. Research is essential, and directories such as this one will give you an opportunity to do that with ease.
Many coaches do not advertise their prices on their web pages – they want you to contact them first before they reveal their pricing structure. Many offer a range of options from the cost for one session being greater than buying a bundle. This makes sense: a coach wants to work with someone who has made a commitment to change and one session will not cut the ice. However, you are likely to find that most coaches will offer a short, no obligation session where you can meet and discuss the kind of goals you may wish to work on. (You may not know what your goals are – this is quite common, and this is where a good coach really comes into their own and really earns their fee!).
When you contact a coach to enquire about their services, be prepared and have your list of questions ready. Do not be shy about broaching the question of price. You might find the following questions useful:
What is the price per session?
How can I pay? (cheque, cash, credit card, etc.)
Is there a discount for booking a series of sessions? (this is usually charged for in advance)
Ask about money back if you decide not to complete a block booking for whatever reason?
Confirm what else you get for your money? For example, email support between sessions.
How experienced are they? How many (paying) clients have they worked with? Do they have experience of working with your issues?
How often are the sessions? (weekly monthly, negotiable)
Do they have any group work coaching sessions?
This last option may surprise you, and it is not a solution for everyone – although it can be very cost effective. Groups enable you to work on your issues with the support of a group and structured by the life coaching host. There are a number of coaches throughout the UK who offer this cost effective option. Nationally, there is Life Clubs (www.lifeclubs.co.uk) who have a number of clubs across the country and are currently expanding. There are advantages and disadvantages to joining a group and sometimes I have found that clients like some ‘one to one’ work and use the Life Clubs session as a an extra between sessions. For others, the group approach is the best – it gives a wider variety of perspectives (and therefore choices) on any issue you are facing. They are also your greatest supporters who will cheer you on through your goals and achievements.
Haggling – not very ‘British’ but I believe this can be a way of getting a good deal. Perhaps you have discovered when searching for a life coach, that many of the search results have been about training to be a coach. That’s where the money is. There are so many people who have taken life coaching courses and many will never reach ten fee paying clients in their life. Other coaches will have much more experience and sometimes they will have gained this in their paid work as well as from private coaching clients. You could agree a price on a bundle of sessions – ask for 6 instead of the 4 on offer. You could also tell them that advertised rate is above your budget and make an offer – they can only say no.
And some coaches will say ‘no’ – and that is fine as they value the time they give to coaching and believe that their pricing is right. A one hour coaching session is invaluable. How much does it cost to pay the mechanic who MOTs your car? How much do you pay to have your hair done? For each of these services you are paying not only for their time, you are paying for their experience and skill. Life coaching is no different and many coaches have spent years (and lots of money) gaining that skill to help you live a fuller, happier life.
Whatever you decide to do, do go ahead and engage a coach. The money invested in developing yourself is often the best investment you can make. Money is just a way of paying for things you need and want – it has no value if you cannot do this. It is about prioritising – we all find the money for things we want. Don’t be one of those people who pay lots of money to the garage to have their car serviced, but reluctant to spend money on gaining their best ever life.
Life Coach Directory is not responsible for the articles published by members. The views expressed are those of the member who wrote the article.
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Tracey Hutchinson, MSc, NLP Master Practitioner, Cert ManagementMarch 12th, 2017