How much should I charge for coaching ? Money Shadow and self worth. Very greatful for this class. Exploring the Value of Coaching: Money, Lived Experience, and the Prison of the System Welcome to another Tuesday Community of Practice (CoP) session for the MAUNi London Recovery Coaching Campus. This container is designed for individuals transitioning their lived experience into a professional private coaching practice. In this deeply authentic and vulnerable session, facilitator David Collins leads a transformative discussion about self-worth, the economics of coaching, and systemic dependency. Key topics covered in this class: - The Psychology of Money and Earning: The group engages in a candid conversation about their personal relationships with money and the psychological barriers to charging for their time. David contrasts his £650 per 90-minute Harley Street consulting rate with standard UK minimum wage and South African consulting rates to challenge the group's perception of value. Manto, joining from South Africa, shares his internal struggle with asking to be paid for his expertise after a long career in the public sector and coming from a background where helping was always done for free. - Academic Qualifications vs. Lived Experience: The class debates the real-world value of having "letters after your name" versus having practical, lived experience. While formal education provides valid methodologies, participants like Michelle note that clients often prefer working with coaches who have real-life understanding and practical solutions over those who only hold academic credentials. The group reframes recovery coaching as the professionalisation of "indigenous wisdom" and natural human connection. - The System as a "Prison": A powerful metaphor emerges comparing government systems, such as the UK's Universal Credit or safe public sector salaries, to a prison. The group discusses how these systems create an environment where individuals stay trapped due to the safety of familiarity, ultimately suppressing their drive to go out into the world and realize their full earning potential. Marcus highlights how grassroots lived-experience organizations often find themselves strangled or co-opted by these very same council systems.