Ep13 - Money Coach with Max Phelps

Money Coach With Max Phelps Money coaching has become a popular way to help people get out of debt, save more and become financially stable. Money coaching focuses on helping you identify your goals and create strategies for reaching them. The coach"s goal is to help you achieve financial independence by guiding you through a process that will lead to positive changes in your financial life. In this episode, Max Phelps joins us to share the importance of planning for your finances. He is a professional property investor with 16 tenants, ten years of experience in finance, and qualifications in mortgage broking and financial planning.  These days, he spends his time coaching 25- to 35-year-olds how to get their money $hit together to become financially secure in order to make choices about their future happiness and retirement plans. He wants them to learn from the mistakes he made. Max shares some insights on how he got into coaching, the biggest mistakes people make when opening their first bank account, the difference between saving to spend and saving for your future, and how to know your spending personality. He also talks about his experience that led to writing. Tune in to learn more on this and other exciting topics! Highlights From The Episode [01:04] Max Phelps background information [07:20] How Max got into writing [07:20] The biggest mistake that people make when opening a bank account [10:12] Separating the bills account from the everyday account [10:16] Saving to spend and saving for the future [14:26] The biggest flaws that people do with their money [16:26] Financial advice for couples [24:58] Knowing your spending personality [28:27] 20 years and 30 years mortgage loans [34:24] How Max got into writing [38:57] The type of clients Max works with Resources Mentioned books: Getting Your Money Shit Together The Barefoot Investor Connect with Max Phelps: Website LinkedIn Tune in, like, subscribe, and leave a review on our podcast Apple Spotify LinkedIn