POWER COACHING PACK   Coaching Power Pack         Volume 1      Instruction Manual              1
© Richard Butler 2012                        2
Legal NoticeLegal Notice:- This digital eBook is for informational purposesonly. While every attempt has been made to veri...
About the authorRichard Butler is a trained life and business coach and a qualifiedpractitioner of Neuro Linguistic Progra...
The SoftwareYour coaching power pack comes with two software titles – TheBudget Creator and the Life Vision Creator. The B...
Fixed expenditureThe subsequent questions talk about your fixedoutgoings. Thisis the money you have going out of your acco...
First up you have is clothes expenses. Not always necessary tospend lots on it but on average how much would you spend amo...
From the document you can clearly see how much money you aremaking and how much you are spending.Now you can/must decide w...
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41 lessons-power-coaching-pack

  1. 1. POWER COACHING PACK Coaching Power Pack Volume 1 Instruction Manual 1
  2. 2. © Richard Butler 2012 2
  3. 3. Legal NoticeLegal Notice:- This digital eBook is for informational purposesonly. While every attempt has been made to verify the informationprovided in this report, neither the author, publisher nor themarketer assume any responsibility for errors or omissions. Anyslights of people or organizations are unintentional and thedevelopment of this eBook is bona fide. The producer andmarketer have no intention whatsoever to convey any ideaaffecting the reputation of any person or business enterprise. Thetrademarks, screen-shots, website links, products and servicesmentioned in this eBook are copyrighted by their respectiveowners. This eBook has been distributed with the understandingthat we are not engaged in rendering technical, legal, medical,accounting or other professional advice. We do not give any kindof guarantee about the accuracy of information provided. In noevent will the author and/or marketer be liable for any direct,indirect, incidental, consequential or other loss or damage arisingout of the use of the information in this document by any person,regardless of whether or not informed of the possibility ofdamages in advance. 3
  4. 4. About the authorRichard Butler is a trained life and business coach and a qualifiedpractitioner of Neuro Linguistic Programming. Originally fromDublin, Ireland he had the opportunity to move to Barcelona inCatalonia Spain.Richard currently works as a trainer for a leading recruitmentcompany but also provides coaching for private candidates.His expertise as a trainer and coach has led him to haveinternational clients and he has spoken at conferences both inIreland, England and the USA. 4
  5. 5. The SoftwareYour coaching power pack comes with two software titles – TheBudget Creator and the Life Vision Creator. The Budget Creator isexplained below:Launching the Budget Creator softwareWhen you first launch the software you will be asked to enter inyour name. Make sure you enter in your full name.Next you are asked to enter in the currency symbol that they areusing, for example pound, or euro.Fixed IncomeThe next question deals with the fixed income you earn eachmonth. It is important to realise this is the guaranteed income youwill receive every month. If you are a sales person and earn acommission we need to enter their base income here. This is whatyou will always get each and every month and is expressed asmonthly value rather than weekly (if you get paid weekly then youmust multiply the figure by 4)Other incomeNext comes the other income section. What other income do youbring in? This could be commissions, extra work you do etc. Againexpress this as a monthly figure. You may think you have no extraincome but perhaps you get paid $40 a week to chair a meeting ata local club. Remember everything counts. 5
  6. 6. Fixed expenditureThe subsequent questions talk about your fixedoutgoings. Thisis the money you have going out of your account every month.For example rent, electricity, loans you must pay off. This is notoutgoings like eating out; topping up your mobile phone (if youhave a mobile phone contract that is a fixed expenditure you payevery moth).Food is the next fixed expenditure. Although you can vary theamount you spend we know for sure you need food. This foodshould only include your grocery shopping.Having included the amount of food you eat, you must look at theamount you spend on electricity and then on gas and water. If youdon’t spend anything on gas, for example you can enter a zero.Remember every figure is a monthly rather a weekly figureNext you will need to total up the amount you spend on credit cardrepayments you need to enter in the total of all credit cards.Most of us have a loan or two, so again you should total up all ofthe loans you have and then enter the final amount per monthshould be entered here.Any other fixed expenses you have should be entered in. Forexample what about insurance policies, medical expenses etc.This total includes anything that you spend money on each andevery month.Non essential expensesThe next section starts to deal with is non essential expenses,these expense are expense that could be cut if necessary. Youdon’t need to spend this money. This will be an important part ofyour post budget considerations. 6
  7. 7. First up you have is clothes expenses. Not always necessary tospend lots on it but on average how much would you spend amonth. If you don’t know think about in a year, and then divide bytwo!The next two questions talk about weekly coffee and lunchexpenses. These are your take out coffees, snacks, lunches etc.There’s probably one day a week or month that you have lunchout, this might be for example a sandwich from the local deli.After this we have going out expenses. Here you should includeany expense they incur on average over the week or weekend,specifically eating out in the evening, going out for a drink at theweekend etc. I would include the following, although your listmight be longer: • Dinners during the week • Entry into clubs or concerts or show • Dinners or lunches at the weekend • Cinema ticketsYou should total these up and get an average of how much youspend per month.The next question is an open question where you can list out anyother non essential expenses you may have. This is anything thatyou don’t need, it is not essential. Again think long and hard aboutthis. You will be amazed at the aha moments you will have.This is the final question and after this your income andexpenditure document will be created. It may be a shock but thisis good as it will make you think. 7
  8. 8. From the document you can clearly see how much money you aremaking and how much you are spending.Now you can/must decide where you can make savings. 8

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