Description

Episode 58: How do you handle a client being paid biweekly?

Join Josh and Amelie as they discuss coaching clients with biweekly pay, including what to do with those magical three paycheck months!

Top takeaways:

1. Josh’s ONLY (at least possibly only!) answer that isn’t “it depends!” The topic? Whether to budget biweekly pay by paycheck or budget monthly.
2. Deciding what to do with 3rd paychecks is a FUN money conversation! Pay towards goals? Upgrade goals? Splurge on a night out?
3. When working with a client who works on commission, figure out a baseline of “here’s how much you need to survive” and then add a second layer of “here’s your slightly more comfortable life.”

Resources mentioned this episode:

• FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. Check out the interest list here (open beta starting in early 2023!) https://www.financialcoachesnetwork.com/money-coach

Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey:

• Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity
• Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series
• Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch

• Looking for financial coaching software? Sign up for the interest list for FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. https://www.financialcoachesnetwork.com/money-coach

Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow