Life Coaches?

So this is a bit snarky even for me - but I am puzzled by the whole "life coach" thing.  There are several women whom I know from "internet social/business groups" who are getting into some self defined employment called "life coaching."  I get "life coaching" I think Tony Robbinson is one yeah?  And Steve Covey, and even Suzi Orman could be called one though they focus on different things.  I do not get where these girls get off calling themselves life coaches.  They cannot pay bills.  One or two have made insane marriage choices.  One is living with her parents.  How are they qualified to be life coaches?  From the outside looking in I really do NOT want their life!