About becoming a coach, the average income of a life coach in the U.S. today is between $30,000 – $40,000. Only 10% to 20% or so make six-figure incomes, and many more life coaches dont make anywhere near $30,000. Its not an easy path, and clients simply will not fall in your lap.
Can you actually make money as a life coach?
The answer is a resounding YES. You can make lots, actually. The International Coach Federation (ICF) reports that the average hourly pay rate for coaches is $235/hour.
How Much Do life coaches Make?
Being self-employed, life coaches are free to set their own rates for services. In general, the majority of life coaches charge approximately $150 to $650 per hour for their work. Assuming that a 60-minute call is held weekly with a client, this is a range of $280 to $500 per month for one client.
Is life coaching a con?
Life coaching is an easy money industry, no doubt about that. Most coaches will charge between $75 to $200 per hour. So, making you a happy person in an instant is not in their best interests. Therefore, if you decide to hire a coach anyway beware that a dependent relationship will do no good.