227: Live Money Coaching: Increase Your Rates To Get Paid What You Deserve

Love, your Money - Wealth, Money, and Financial Advisor for Women

Welcome to episode 227 of Love, your Money! Today, we’re back with a special Money Coaching episode that includes segments from a two-part coaching session with my client.
The reality is, many people struggle with charging the rates they deserve. There are tough questions that don’t always have easy answers. Questions like: What should I charge my friends and family? How do I communicate an increase in my rates? How do I know what the market rate that I should be charging is if I’m providing a better service?
In today’s episode, you’ll hear how I tackled those questions with one of my clients. You’ll walk away with a clearer idea of how to price your offers, how to win those negotiations, and how to raise your rates and keep your clients happy.
*Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes.
Here’s what you’ll find out in this week’s episode of Love, your Money:

• Charging friends and family for your work
• Setting the stage with my client’s goals
• How to deal with financial “haters”
• Pricing your offers
• Tips for negotiating your prices
• Handling your business and personal finances

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/increase-your-rates

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Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.