Why is controlling money important?
Money comes and goes in our lives so quickly, it often seems beyond our control. But we can learn control, and there’s an important reason why: to be prepared. Being prepared means enjoying the good times, and surviving the bad. Enjoying a vacation is easier when you know it’s already paid for—there’s no dark cloud of worry about hard work later to pay it off. And building up emergency funds helps handle those inevitable financial strains that occur through things like job loss or medical crisis. No matter how much we bring home, we can learn control so we are prepared for the good times and the bad.
About My Dollar Coach
The founder of My Dollar Coach, Mike Simmons, is a natural spender whose bad habits eventually caught up to him. He bought more than he could afford, intending to earn enough the next month to pay for it. This approach (surprise,surprise!) never worked. One day he heard Dave Ramsey on the radio and went home to add up his debt. Suddenly, he felt anxious. He owed about 3 times what he was earning annually (not including his mortgage, which would bring it up to 8 times). And he had no plan for paying it off. For the first time in his life, he acknowledged the truth: he was broke.
Mike took Dave Ramsey’s Financial Peace University program and got to work. He started changing his perspective and learned to control his spending. Twelve years later, he had paid off all of his debt and now had monies in retirement funds. Best of all, he was now able to do with his money the thing he loved most: give it to charity. Mike also learned to do something else he loved: help others. Specifically, to teach them the same lessons that changed his life. Being trained from Dave Ramsey’s Financial Coaching Training Program, he realized he could make an impact on others financial worlds.
My Dollar Coach is a company that will work with employers to help their employees get control of their money and be prepared, whatever the future brings. It is a business that will work with individuals to learn how to spend, save, and give. Financial Coaches are here to provide you with tools and encourage you to become skilled at using them. We will help motivate you and be there to say the things you may not want to say to yourself. We are just like sports coaches, but without the whistle!
My Dollar Coach Programs
We offer a 4 part program of one hour workshops over two
months for workplaces (can do virtually as well) and their
employees. This program gives your employees the basic knowledge to start to get control of the money, while changing their
perspective on spending. Financial Wellness for employees is a
major advantage for the work place as employees will start to
work harder to earn more money, bring down their stress of
money issues and be able to focus more on work rather than
financial problems.
A good addition to the Workplace Workshop series, arranging
one-on-one financial Coaching for your employees will allow
more in-depth work to happen. Meeting with individuals and
their spouse, virtually, allows our coaching to be better tailored
to their specific issues and help them become financially stable
quicker. The sessions would be 60 minutes and in most cases, 3
sessions is all person needs to learn the tools and build their plan.
Working with you and your spouse through virtual
meetings is the best method to learn the tools
needed to build your plan. While the sessions are
only 60 minutes, you will leave each of them with
tasks to work on between session. We have found
that 3 sessions are usually sufficient to get the ball
rolling, although some people only need 1 and
other may want many more. The sessions are
tailored around what your goals and needs are.