Startup cost: $500 - $5k

The low-end estimate covers basic essentials like a website domain and hosting ($100), basic financial planning software or tools ($200), and minimal marketing efforts such as social media ads ($200). The high-end estimate includes a professional website design ($1,000), advanced financial planning software with more features ($1,500), comprehensive marketing campaigns including Google Ads and social media ($1,500), and professional certifications or courses ($1,000). Hidden costs might include ongoing software subscriptions and unexpected marketing expenses. Online communities often mention that costs can increase as the business grows and more tools or services are needed.