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Anyone used a wealth coach?

Has anyone any experience of using either a wealth coach or a related website? I came across the Money Gym website, where they ask £380 per month subscription :eek: and right now I think that perhaps that's a great way for them to get rich, but not me...

I am in a reasonably good position financially, but feel it could be so much better and in particular am looking to grow my income considerably. I feel as if I am floundering a little trying to do it on my own.
Life is not a dress rehearsal.

Comments

  • Savvy_Sue
    Savvy_Sue Posts: 48,012
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    A better investment would be buying Martin's book - what, £3.99 on Amazon these days with free postage if you get your order up to £15? So buy some more 'wealth creating' books, I'm sure Amazon will suggest a few.

    Work your way through that methodically and that should help.

    While you're waiting for it to arrive, find your way round the boards and look out for the 'making money' / wealth creation tips. I'm not recommending it, but some people make a lot from online gambling by following the 'rules' of never spending their own money.

    If I had £380 per month spare, I don't think I'd consider myself in need of a Wealth Coach! :rotfl: You're quite right, they'll get a lot richer than anyone who signs up will!
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  • dunstonh
    dunstonh Posts: 121,893
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    £380 quid a month????

    Next person who complains about IFA charges gets a redirect to this thread ;)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • savingforoz
    savingforoz Posts: 1,118 Forumite
    Not only that, their contact number is an 0870 one...so they rack up money when you call them!

    I don't expect something for nothing, but I don't think I'll be joining the Money Gym. I reckon, as Savvy Sue says, a combination of some reading/researching round the subject and doing some hard thinking about the way forward would be a better investment of my time and money. I've started incorporating some of the excellent money saving tips from this board, so I'mm already minimising my outgoings - just have to turn my attention now to maximising the income side.
    Incidentally, Savvy Sue, am I imagining it or did I see a post from you in another thread saying you were from Bristol, as I am?
    Life is not a dress rehearsal.
  • Savvy_Sue
    Savvy_Sue Posts: 48,012
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    Incidentally, Savvy Sue, am I imagining it or did I see a post from you in another thread saying you were from Bristol, as I am?
    I wouldn't yet say I was 'from' Bristol, but I have lived her for the last 6 years and don't intend to move ... Although at Christmas there was a quiz in the Bristol Evening Post in which I came out as most definitely a Bristolian!

    Back on topic: the beauty of doing your own research is that you can prioritise on the areas you want, rather than those someone else recommends. I could probably spend less and earn more if I put my mind to it, but at the moment I'm happy with the measures I've taken. There's such as thing as taking it to extremes!
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