Extend your career.
Use your experience.
Earn money and make a difference in people’s lives
Not ready to fully retire?
Looking for work that’s rewarding and flexible? Want to make a difference in the world?
Financial coaching is a new job that enables you to use your personal and professional experience to give back and help people with their money.
Money worries are one of the biggest sources of stress and poor mental health in the UK.
Our coaches are having a positive impact on thousands of ordinary people by helping them feel better about money.
You’ll work from home, on hours that suit you.
We’ll help you set-up self-employment.
We’ll guide you through a 6-week training program and provide ongoing guidance.
“I’ve never liked the idea of the ‘cliff-edge of retirement’ where you just suddenly stop working altogether. I think it’s always good to have something purposeful that you’re doing.
Financial coaching appealed to me straight away because it was flexible and home-based. I’d also not worked in finance before, but when you get to 60, you end up with a lot of accumulated financial knowledge, so I knew more than I thought.”
How it works
If you’re available 20 hours a week, we’ll help you build your own financial coaching business
- Join our training programme for free (worth over £2,000)
- Get accredited in 4+ weeks, depending on your experience
- Earn £25,000-£35,000 in your first year, and then up to £46,000 after that
- Work fully remote and set your own hours (at least 20 hours a week on average)
- You’re self-employed, but we’ll take care of contracts, billing and payments
- Get introductions to financial coaching clients who want your help
A rewarding and flexible way to further your career
Work when and where you want
“I love being in control of my own schedule and time. I earn the money I want working 3 days a week – it’s so flexible.”
Read more about why Jeremy became a coach after a long career in accounting
“I really want to help people and that’s not something that’s easy to get from a job – that sense of impact.”
Read more about why Claire coaches in her spare time
“If you want to go on holiday, or work more one week than the next, you can. I love that autonomy.”
Read more about why Priya became a coach
So…what is a money coach?
Money coaches help people explore their life goals and then show how to reach them through how they manage their money.
Using our powerful financial planning software, our coaches make it simple, engaging and exciting to plan and improve your future finances.
From budgeting and savings, to investments and pensions, and even mortgages and life insurance – coaches provide all of the information and support clients need to achieve their goals.
How much can coaches earn?
Our coaches get paid directly by their clients for their time, which ensures their incentives are strongly aligned.
In the first year of setting up their business, a coach can earn £25,000-£35,000. In their second year and beyond, they can earn up £46,000 as they serve more clients.
Some coaches work full-time. Some work part-time around childcare or other commitments. And some treat it as a way to stay productive and make a difference in retirement.
How does training work?
We cover all the costs of your training if you’re accepted to the program.
Our training was the first of its kind to be independently accredited by The London Institute of Banking & Finance as well as The Initiative for Financial Wellbeing.
The online program is a mix of live webinars, practical experience, and peer-to-peer support.
It takes approximately 4 weeks to complete. And everyone must pass a final assessment to receive their accreditation with Octopus MoneyCoach.
What kind of impact will you have?
We aren’t exaggerating when we say money coaching can transform lives. We asked our coaches for their highlights and here’s just a few:
“Helping a client change their relationship with money and become debt-free”
“Creating a plan for a client to support his ageing parents back home”
“Showing a client he could retire years earlier than he expected”
“Helping a client to build the financial confidence to pursue her dream of starting her own business”
How to spot a brilliant money coach
You’re motivated by a desire to help people
People feel comfortable opening up to you
You’re confident making the complex simple
Good with numbers
You may not be a maths genius, but you can think analytically
You always follow through on your commitments
Sound like someone you know?
Get up to £200!
We’ll give you up to £200 for every person you refer! Just tell them to mention your name and email address when they apply.
(You get £50 when they’re accepted to our training program and £150 when they get accredited. Click here for full T&Cs.)
Join our next webinar
Thursday November 17th at 12:30pm
Frequently Asked Questions
But it is possible to work alongside more flexible part-time work, childcare, freelance work or a smaller side hustle.
If you’re looking to transition out of a full-time job into more flexible, self-employed work, get in touch and we can discuss options.
Online Training Course: This is a course that you will complete on your own ahead of group training sessions.
Training Webinars: 3 days each week, we will do deep dives into specific areas in small groups. We will also run through the different types of calls you will be holding with clients and potential clients.
Real Life Practice: Throughout the training programme, you will hold practice sessions with real people. This will allow you to put the theory into practice.
Mentor: You will also have a dedicated mentor, who will be on hand to answer any questions you have, help you get set up with all the systems and provide tailored feedback to help you learn and develop.
The training is broken into modules on everything from the financial fundamentals you’ll need, to guides on delivering the Octopus MoneyCoach service and using our software.
Part 1: Delivering the financial coaching service
Module 1: Client Discovery Sessions
Module 2: Building Financial Plans
Module 3: Presenting Plans and Actions to Clients
Part 2: Financials
Fundamentals: Budgeting, Saving, Mortgages, Investing, Pensions
Coaches always start by helping clients explore and define their financial goals.
Every client also gets a custom money plan, tailored to their personal circumstances and goals (which coaches create using our technology).
Finally, they have the option to catch-up with their coach for a certain amount of time throughout the year to understand money topics, stay accountable to their goals and get other coaching support as needed.
You will still have a dedicated mentor who will help you build a successful coaching business. They will have monthly catch-ups with you to make sure you have everything you need. We will constantly review your calls and plans to make sure you’re always learning and developing. If you need extra help then your mentor is on hand to provide that.
Accredited coaches have access to a weekly webinar where we deep dive into different areas. This could be new training, discussing what’s coming up or open forums for everyone to share their thoughts. You’ll also have access to the coach community where you can interact with other coaches, discuss financial topics together or just say hi.