Online budgeting and money planning coach

Individuals and couples, new parents, first-time renters, and sometimes employers or community groups booking workshops.

Fixed price per session or a package of sessions, plus fees for group workshops and budgeting templates.

• Patient, non-judgemental listening
• Clear teaching and explaining
• Comfortable with budgeting tools and spreadsheets

• Personal recommendations on investments, pensions, mortgages or insurance are FCA-regulated, so check where coaching ends and advice begins
• Debt advice can also be regulated, so check the rules and signpost clients to free services such as MoneyHelper or StepChange
• Be clear in your terms that you offer coaching, not regulated advice
• Check whether you need to register with the ICO and keep client details secure
• Professional indemnity insurance is worth checking

Estimates suggest startup costs are typically around £200 to £1,200, depending on the video and booking tools you use, your website, any insurance, and how much you spend on materials and promotion.

Estimated monthly revenue is typically around £300 to £1,500, depending on how many one-to-one or group sessions you run and your prices. Revenue is not the same as profit.

Check where coaching ends and FCA-regulated advice begins, as personal recommendations on investments, pensions, mortgages or insurance are regulated. Debt advice may be too, so check the rules, and consider ICO registration and insurance.