Make Money as a Life Coach®

Ep #117: Prioritizing Emotional Wealth Over Material Wealth

Mar 24, 2021
A deep dive into valuing emotional wealth over material gains. Stories and examples show how feelings shape life more than money. Practical scenarios explore when protecting material wealth hurts emotional growth. Tips on having tough money conversations without judgment and embodying emotional abundance to attract change.
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ANECDOTE

Walmart Parking Lot Commitment

  • Stacey Boehman signed up for Life Coach School from a Walmart parking lot despite not having $6,000 for training.
  • Brooke Castillo trusted Stacey's resourcefulness instead of pitying her, which Stacey credits for launching her coaching journey.
INSIGHT

Emotional Wealth Is Separate From Money

  • Emotional wealth and material wealth are separate axes; protecting material wealth can keep clients trapped in emotional poverty.
  • Coaches who prioritize clients' material stability may inadvertently prevent them from gaining emotional tools and lasting happiness.
ADVICE

Prioritize Emotional Management First

  • Do prioritize teaching emotional management because permanent net positive change comes from managing thoughts and feelings, not circumstances.
  • Use coaching to give clients tools to feel however they want regardless of living in a fancy house or a small apartment.
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