According to Natural Healers, the U.S. Bureau of Labor Statistics includes life coaches in several categories:
Education
Guidance
Career counselors and advisors
While these categories earn a median salary of $57,040 to $96,090 per year saudi arabia phone number list according to The International Coach Federation, coaches’ average hourly pay rate is $235/hour. If this pay rate sounds too good to be accurate, remember your niche, location, and additional offerings such as retreats, conferences, or other resources contribute to your gross income. Also, consider how many hours of coaching you need to fill to make an annual income you are comfortable with.
In an ever-expanding field, you must separate yourself from the crowd. The International Coaching Federation projects this field to grow 8% through 2029. This projection is above the national average for all careers.
Regardless of your financial dreams, you must take the time to build yourself a strong foundation. So, if you start a coaching business or join an already-existing one, take the necessary time to coach yourself.
If you want to make money as a coach, take quality time and ask yourself the right questions. Does starting a life coaches business, training programs, or a personal development program interest you? Why?
How Much Do Life Coaches Make?
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