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[quote=Anonymous][quote=Anonymous]I'm a former teacher with a continuing passion for teaching, and one of the new topics I am passionate about is budgeting, believe it or not.  I lived paycheck to paycheck in my 20's and debt to debt in my 30's, resisting the idea of budgeting all the way....I felt I "deserved" to spend whatever I earned, and budgeting felt a bit like dieting...like punishment and deprivation.

My perspective has changed completely due to learning and integrating some basic budgeting principles and using budgeting software that works for me. In a year I've gone from having credit card debt to being out of debt and having a healthy emergency fund.  Best of all, I have all the $$ I need for all of my non-monthly bills, like property tax and insurance, that used to throw me for a loop when I was living paycheck to paycheck.  I am not rich by any means, and I am a long way from financial security, but I can honestly say that almost all of my day to day financial STRESS (worry about bills, guilt about not paying things, overspending and then feeling guilty) is completely gone.  I've helped three other friends set up budgets since then and they all feel similarly great about the process and the results.

I read here at DCUM so many other people who don't really budget, don't know how to organize finances with a spouse, etc., and it strikes me that I could teach people to do this as an extra side income...that is, if people will pay for it.  I don't propose to be a financial planner (I still know little about investing), but rather would be coaching people as they set up systems to manage their income & expenses and create a budget so that they pay all of their bills on time, begin to crawl out of debt, and/or begin to save for periodic expenses and long term savings goals.  I think I could be particularly helpful with couples who are trying to set up joint budgets for the first time.

Would you be willing to pay for such a service from someone?[/quote]

If my ex and I had tried something like this 5 years ago, maybe we would not be headed for divorce today.   We were a disaster when it came to money...bickering, fighting, always trying to control the other and then resist control by the other.   In response to the PP above, I think the difference between a neutral coach and a budgeting book is that a neutral coach could guide the couple toward budgeting models together.  In my marriage, my husband was always reading budgeting books and then telling me how we should do things.  When I'd later read the same book, he'd have moved on to another book with another way to do things...he needed to be the expert with the ideas, rather than a team of equals.

Of course the big difference would also be if it were some kind of ongoing coaching.  I've set up many budgets.  The key is sticking to them.  I can see a coach being helpful with that.

As the other PP said above, though, a key to this would be how to market and price your services.  If you could find a niche to break into -- say, other teachers -- that might get you going.[/quote]

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