Many coaches charge based on an hourly rate, but if you want to enjoy all the benefits of working with a life coach, you need to go through several training sessions. It's best to look for a coach who offers full monthly training packages, and most coaches will charge fares within or above the industry standard to avoid being considered a bargain. When someone is considering hiring a life coach, it's easier for them to imagine that they can get the desired result if the health coach offers specific training. To make this possible, coaches should offer group training to those who are least likely to pay for individual training.
Clients expect to set goals and work with the coach in the area of their training program, and they expect training sessions, brainstorming, and action planning to focus on the program or related topics. The pricing strategy for coaches is mostly unregulated, so many coaches choose a price that feels aligned based on their research on competitors' price points plus what their target market or ideal customers are willing to pay. Some life coaches will use techniques such as hypnotherapy, NLP, and guided meditations, among others. The cost of a life coach also depends on their experience level and location; more experienced coaches are likely to charge more than less experienced ones looking to get their first clients, and a life coach who works in New York or London is also likely to charge more than one who works in a small city.