Money for Coaches Transistor (https://transistor.fm) https://feeds.transistor.fm/money-for-coaches Short episodes about money management for coaches running simple service businesses. I'm Mark Butler. My goal with this show is to convince you of one thing: for most coaching practices, bookkeeping isn't strategic, it's hygiene. You don't need to become your own CFO. You need your numbers to be current and accurate so you're not scrambling at tax time, and you need to be able to answer one or two simple questions about your money. That's it. I've been running a bookkeeping firm for coaches for over a decade, and this is the conversation I have with my clients all the time. © Mark Butler 2026 ded6bb7d-ab23-58d9-b97d-213b6265b54b yes en Wed, 27 May 2026 08:20:14 -0700 Wed, 27 May 2026 08:21:31 -0700 https://img.transistorcdn.com/JJr2Y9mz_G2pTyer_gjVVnsbXjiv5DQOHfMH9TZK21Y/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yNGNi/NjI4ZmQzYTRmMzE1/ZWI1OWE1YTM2MWI0/ZjA4MS5wbmc.jpg Money for Coaches episodic Mark Butler Short episodes about money management for coaches running simple service businesses. I'm Mark Butler. My goal with this show is to convince you of one thing: for most coaching practices, bookkeeping isn't strategic, it's hygiene. You don't need to become your own CFO. You need your numbers to be current and accurate so you're not scrambling at tax time, and you need to be able to answer one or two simple questions about your money. That's it. I've been running a bookkeeping firm for coaches for over a decade, and this is the conversation I have with my clients all the time. Short episodes about money management for coaches running simple service businesses. bookkeeping, money management, coaching, business finances, solopreneur Mark Butler No No The Three Transaction Types that Confuse My Clients Most 4 4 The Three Transaction Types that Confuse My Clients Most full ccef4676-e625-47da-81fb-a899ea106b2a https://share.transistor.fm/s/093f3406 Three kinds of transactions trip up almost every coach who looks at their own books: money the owner puts in, money the owner takes out, and money that just moves between accounts. None of them are revenue or expenses, so none of them touch your Profit & Loss — but they still show up in a review, and they still cause confusion. This episode clears up owner contributions, owner distributions (a.k.a. draws), and transfers, so the next time one lands in your books you know exactly what it is.


In this episode

  • 0:00 — The monthly transaction review, and the three transactions that confuse clients most
  • 0:50 — The three types, and the one thing they share: none of them touch your Profit & Loss
  • 1:40 — Owner (capital) contributions — putting your own money into the practice
  • 3:10 — Owner distributions / draws — taking money out, and why it usually isn't "payroll" or "salary"
  • 5:50 — Transfers — money moving between your own accounts, and why we don't just delete them
  • 7:30 — "Money in transit" — transfer-clearing and the Stripe payout case
  • 9:00 — Quick recap: contributions, distributions, transfers
  • 9:35 — Want this handled for you? getplucky.io


Work with Plucky

Plucky does the books for life coaches — including a two-minute monthly review, so you always know what every transaction is and where your money sits. Learn more at getplucky.io.

]]> Three kinds of transactions trip up almost every coach who looks at their own books: money the owner puts in, money the owner takes out, and money that just moves between accounts. None of them are revenue or expenses, so none of them touch your Profit & Loss — but they still show up in a review, and they still cause confusion. This episode clears up owner contributions, owner distributions (a.k.a. draws), and transfers, so the next time one lands in your books you know exactly what it is.


In this episode

  • 0:00 — The monthly transaction review, and the three transactions that confuse clients most
  • 0:50 — The three types, and the one thing they share: none of them touch your Profit & Loss
  • 1:40 — Owner (capital) contributions — putting your own money into the practice
  • 3:10 — Owner distributions / draws — taking money out, and why it usually isn't "payroll" or "salary"
  • 5:50 — Transfers — money moving between your own accounts, and why we don't just delete them
  • 7:30 — "Money in transit" — transfer-clearing and the Stripe payout case
  • 9:00 — Quick recap: contributions, distributions, transfers
  • 9:35 — Want this handled for you? getplucky.io


Work with Plucky

Plucky does the books for life coaches — including a two-minute monthly review, so you always know what every transaction is and where your money sits. Learn more at getplucky.io.

]]> Wed, 27 May 2026 08:20:45 -0700 Mark Butler Mark Butler 601 Three kinds of transactions trip up almost every coach who looks at their own books: money the owner puts in, money the owner takes out, and money that just moves between accounts. None of them are revenue or expenses, so none of them touch your Profit & Loss — but they still show up in a review, and they still cause confusion. This episode clears up owner contributions, owner distributions (a.k.a. draws), and transfers, so the next time one lands in your books you know exactly what it is.


In this episode

  • 0:00 — The monthly transaction review, and the three transactions that confuse clients most
  • 0:50 — The three types, and the one thing they share: none of them touch your Profit & Loss
  • 1:40 — Owner (capital) contributions — putting your own money into the practice
  • 3:10 — Owner distributions / draws — taking money out, and why it usually isn't "payroll" or "salary"
  • 5:50 — Transfers — money moving between your own accounts, and why we don't just delete them
  • 7:30 — "Money in transit" — transfer-clearing and the Stripe payout case
  • 9:00 — Quick recap: contributions, distributions, transfers
  • 9:35 — Want this handled for you? getplucky.io


Work with Plucky

Plucky does the books for life coaches — including a two-minute monthly review, so you always know what every transaction is and where your money sits. Learn more at getplucky.io.

]]> bookkeeping, money management, coaching, business finances, solopreneur No The Surprising Power of Having Dedicated Bank Accounts for Your Coaching Practice 3 3 The Surprising Power of Having Dedicated Bank Accounts for Your Coaching Practice full 9e850193-88c5-4e51-a6a8-3b95dc4b163a https://share.transistor.fm/s/0c2dbd9f The single biggest lever in managing a coaching practice's finances is also one of the simplest: open a dedicated checking account just for the business. Mark walks through the two real benefits — radically easier tax preparation and a useful pause before big purchases — and explains why you don't need an LLC, an EIN, or a formal business account to get the benefit. Just open a new checking account at the bank you already use.

What's covered

  • (0:00) Welcome — the biggest lever for managing practice finances
  • (1:53) Why bank-balance accounting is enough for a simple coaching practice
  • (2:34) How money gets scattered across accounts — and why
  • (3:36) Tax-time relief — only two places to look
  • (4:59) The second benefit — how dedicated accounts create a useful pause before purchases
  • (5:28) Walking through a $2,000 training purchase
  • (7:00) Using a personal credit card the right way — the pass-through workflow
  • (8:57) Does it have to be an "official" business account? No — just open a new checking
  • (10:53) Why this one decision works as a filter
  • (11:16) Closing — how to work with Mark and his team

Mentioned in this episode


]]> The single biggest lever in managing a coaching practice's finances is also one of the simplest: open a dedicated checking account just for the business. Mark walks through the two real benefits — radically easier tax preparation and a useful pause before big purchases — and explains why you don't need an LLC, an EIN, or a formal business account to get the benefit. Just open a new checking account at the bank you already use.

What's covered

  • (0:00) Welcome — the biggest lever for managing practice finances
  • (1:53) Why bank-balance accounting is enough for a simple coaching practice
  • (2:34) How money gets scattered across accounts — and why
  • (3:36) Tax-time relief — only two places to look
  • (4:59) The second benefit — how dedicated accounts create a useful pause before purchases
  • (5:28) Walking through a $2,000 training purchase
  • (7:00) Using a personal credit card the right way — the pass-through workflow
  • (8:57) Does it have to be an "official" business account? No — just open a new checking
  • (10:53) Why this one decision works as a filter
  • (11:16) Closing — how to work with Mark and his team

Mentioned in this episode


]]> Wed, 27 May 2026 08:20:33 -0700 Mark Butler Mark Butler 721 The single biggest lever in managing a coaching practice's finances is also one of the simplest: open a dedicated checking account just for the business. Mark walks through the two real benefits — radically easier tax preparation and a useful pause before big purchases — and explains why you don't need an LLC, an EIN, or a formal business account to get the benefit. Just open a new checking account at the bank you already use.

What's covered

  • (0:00) Welcome — the biggest lever for managing practice finances
  • (1:53) Why bank-balance accounting is enough for a simple coaching practice
  • (2:34) How money gets scattered across accounts — and why
  • (3:36) Tax-time relief — only two places to look
  • (4:59) The second benefit — how dedicated accounts create a useful pause before purchases
  • (5:28) Walking through a $2,000 training purchase
  • (7:00) Using a personal credit card the right way — the pass-through workflow
  • (8:57) Does it have to be an "official" business account? No — just open a new checking
  • (10:53) Why this one decision works as a filter
  • (11:16) Closing — how to work with Mark and his team

Mentioned in this episode


]]> bookkeeping, money management, coaching, business finances, solopreneur No Where Coaches Leak Money 2 2 Where Coaches Leak Money full 1621e824-2e22-4976-bf13-6ea96a6d827a https://share.transistor.fm/s/2ec47e1f The Big Three Money Leaks

After more than twelve years of bookkeeping for coaches, Mark answers the question he's been asked most: where do coaches actually leak money? The answer comes down to three predictable areas — and the antidote turns out to be simpler, and slower, than most coaches expect.

What's covered

  • (0:00) Welcome — the question Mark gets asked most
  • (0:28) Money leak #1: Coaches buy coaching
  • (3:32) When buying coaching becomes a real leak — the compulsion pattern
  • (4:23) Money leak #2: Travel, and the "business vacation" trap
  • (6:35) Money leak #3: Spending money on other people
  • (8:02) How a virtual assistant quietly becomes a quasi business coach
  • (11:30) The antidote — slow down, and tolerate the feeling of falling behind
  • (14:00) Closing and how to work with Mark

Mentioned in this episode

  • Work with Mark and his team: getplucky.io
  • How to Get Rich by Felix Dennis — the British magazine publisher Mark quotes for "overhead walks on two legs"


]]> The Big Three Money Leaks

After more than twelve years of bookkeeping for coaches, Mark answers the question he's been asked most: where do coaches actually leak money? The answer comes down to three predictable areas — and the antidote turns out to be simpler, and slower, than most coaches expect.

What's covered

  • (0:00) Welcome — the question Mark gets asked most
  • (0:28) Money leak #1: Coaches buy coaching
  • (3:32) When buying coaching becomes a real leak — the compulsion pattern
  • (4:23) Money leak #2: Travel, and the "business vacation" trap
  • (6:35) Money leak #3: Spending money on other people
  • (8:02) How a virtual assistant quietly becomes a quasi business coach
  • (11:30) The antidote — slow down, and tolerate the feeling of falling behind
  • (14:00) Closing and how to work with Mark

Mentioned in this episode

  • Work with Mark and his team: getplucky.io
  • How to Get Rich by Felix Dennis — the British magazine publisher Mark quotes for "overhead walks on two legs"


]]> Wed, 27 May 2026 08:20:14 -0700 Mark Butler Mark Butler 865 After twelve years of bookkeeping for coaches, Mark reveals the three places coaches predictably leak money — and why the antidote is simpler and slower than most expect. After twelve years of bookkeeping for coaches, Mark reveals the three places coaches predictably leak money — and why the antidote is simpler and slower than most expect. money leaks, bookkeeping, coaching business, overhead, spending, business finances, solopreneur No No Need to Stress About Your Numbers 1 1 No Need to Stress About Your Numbers full 7c875f58-396b-4b32-a011-13e0693330ac https://share.transistor.fm/s/70f3ef24 Bookkeeping isn't worth a lot of worry.

You've been told you need to "know your numbers." Mark pushes back: for most coaches running a simple one-on-one practice (maybe with some group offers mixed in), the stakes around money management really aren't that high — and the two things you actually need to know are smaller and simpler than you've been led to believe.

What's covered

  • (0:00) Welcome to Money for Coaches — the show's thesis
  • (1:15) Mark's background, and why he can say this with a straight face
  • (2:00) Why "you have to know your numbers" misses the mark for simple coaching practices
  • (3:00) The two things coaches actually need to know about their money
  • (5:00) How to think about big purchases — certifications, masterminds, retreats
  • (6:45) A note on debt and the "I'll make it back" optimism
  • (8:40) What this podcast will cover, and how to work with Mark
  • (10:00) Closing

Mentioned in this episode

  • Get personalized bookkeeping support with a friendly fee structure: getplucky.io


]]> Bookkeeping isn't worth a lot of worry.

You've been told you need to "know your numbers." Mark pushes back: for most coaches running a simple one-on-one practice (maybe with some group offers mixed in), the stakes around money management really aren't that high — and the two things you actually need to know are smaller and simpler than you've been led to believe.

What's covered

  • (0:00) Welcome to Money for Coaches — the show's thesis
  • (1:15) Mark's background, and why he can say this with a straight face
  • (2:00) Why "you have to know your numbers" misses the mark for simple coaching practices
  • (3:00) The two things coaches actually need to know about their money
  • (5:00) How to think about big purchases — certifications, masterminds, retreats
  • (6:45) A note on debt and the "I'll make it back" optimism
  • (8:40) What this podcast will cover, and how to work with Mark
  • (10:00) Closing

Mentioned in this episode

  • Get personalized bookkeeping support with a friendly fee structure: getplucky.io


]]> Wed, 27 May 2026 08:20:05 -0700 Mark Butler Mark Butler 539 For most coaches running a simple one-on-one practice, the stakes around money management aren't as high as you've been told — and the two things you actually need to know are smaller and simpler than you think. For most coaches running a simple one-on-one practice, the stakes around money management aren't as high as you've been told — and the two things you actually need to know are smaller and simpler than you think. bookkeeping, money management, coaching business, finances, solopreneur, stress, numbers No