Hi V.,
Counseling is a wonderful and rewarding career, but does require lots of education.
With a bachelor's degree, you would most likely be looking at jobs like 'case manager'. Still lots of contact with people, but not official counseling, you wouldn't (or shouldn't) do private practice with this. But still some options.
With a master's degree, you can do counseling in a variety of settings and can get licensed (a good idea).
I think someone mentioned billing insurance. If you are intending to do private or small group practice, this is a big deal. You don't want to limit yourself to only self-pay clients since so many rely on insurance to pay for counseling. You need a license to do this. The license is acquired by logging so many counseling hours (with a supervisor) and taking an exam. Lots of people get their masters degree and work at a big counseling center or mental health center because you will receive the required supervision.
The other thing to know is that you will need to do an internship. I got my bachelor's and had to do two practicums (like a mini internship) and an internship. And then had to do another internship when I got my master's. Most schools that I know of don't allow you to be paid for these (don't know if this has changed, I got my masters in '01). So bottom line is do you have to time and availability to work for free for a while?
Life coaching is an option, and while a good fit for some, it is fairly new so doesn't have a lot of recognition from insurance companies, etc. It is gaining some momentum and being more "accepted", but kind of risky right now. If it were me I would probably want to start out more traditional and then branch out, rather than the other way around.
So it is a lot of work, but is a versatile career. Best of luck, and feel free to ask me any questions. I love talking psychology!