My Psychotherapist Why You Need to Invest in Life Coaching | Page 7

5. Financial Indiscipline
Do you make a lot of money but don’t do anything meaningful with it? One of the reasons
why many people have not yet attained financial freedom is due to indiscipline. When one
makes a lot of money, they use it to upgrade their lifestyle instead of securing the future.
Money makes one feel powerful, and if you channelled it in the right investments, you
could maintain that power over a lifetime. Life coaching can steer you toward financial
discipline in the following ways:
 Help you set an annual budget and adhere to it
 Help you identify viable investments and start working on them
 Assist you in cultivating a saving culture regardless of how much you make
 Assist you to beat the desire to make unnecessary expenses when you have money
 Help you learn how to splurge wisely
If you made a lot of money in 2018 but cannot account for most of it, using a life coach can
help you attain discipline and realize your short-term and long-term financial and
investment goals.