"Financial Literacy for Coaches" is a comprehensive guide designed to empower coaches at every stage of their career with the essential financial knowledge and strategies needed to build, protect, and grow their wealth. Whether you're a seasoned coach, a rising star in the profession, or considering life after coaching, this book provides actionable insights tailored to the unique financial challenges and opportunities you face. Part 1, The Coaching Mindset Meets Money Mindset, helps you understand the foundation of financial literacy and how to shift from a mindset focused on winning games to one focused on winning in your personal finances. With practical advice on budgeting, managing cash flow, and understanding your paycheck, this section sets the stage for making smart financial decisions. In Part 2, Financial Fundamentals Every Coach Should Know, you'll dive deeper into core financial principles like tax planning, managing salaries and bonuses, and financial strategies for coaches with side hustles. This section provides the knowledge you need to optimize your earnings and make informed decisions about your financial future. As your career progresses, Part 3, Growing Wealth Like You Build a Team, focuses on how to leverage your income to grow wealth-just as you would build a successful team. This part explores strategies for generating multiple income streams, running camps, consulting, and supporting your family without overextending yourself.
Part 4, Protecting the Coach, the Brand, and the Family, covers the crucial elements of safeguarding your career and financial well-being. Learn how to navigate contracts, negotiate better deals, and protect your personal and professional assets. The final sections, Taxes, Business Opportunities, and Coaching Income Streams and Long-Term Planning and Life After Coaching, provide in-depth coverage of managing business opportunities, tax implications, and planning for life after coaching. Whether you're transitioning into retirement or a second career, this book offers the tools to ensure your financial legacy lasts well beyond the game. "Financial Literacy for Coaches" is your playbook for financial success-on and off the field.