Archive for the ‘Financial Peace University’ category

3 steps for getting unstuck from your job

August 15th, 2010

: Image via Wikipedia

Take This Job and Shove It became more than a song when JetBlue Flight Attendant Steven Slater made his grand exit and became a working-class hero.

So why did he become a working-class hero to some people? Because those people feel stuck in jobs that are less than satisfactory.

There are 3 steps be getting out of a job you hate.

1. Get out of debt by paying off all non-mortgage debt. It will take you about 12 – 18 months if you are really motivated. A great way to get the help you’ll need is to take a class like Creating True Financial Independence or Financial Peace University.

2. Establish an emergency fund equal to 3 to 6 months of living expenses. This will give you the freedom to try something new without having to worry about short-term income.

3. Find your passion. The is a wonderful book called The Passion Test and there is an online Passion Test.

These 3 steps will change your life. Are you willing to do whatever it takes to get what you want?

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Posted in Budgeting, Debt Free, Dreams, Employment, Financial Independence, Financial Peace University, Passion Test, Personal Finance Class

Tags: Aviation Business Debt Employment Financial Peace University Flight attendant JetBlue Airways Steven Slater Take this job and shove it Working class

Review of Financial Peace University

August 12th, 2010

: Image by aJ GAZMEN ツ GucciBeaR via Flickr

Today, I received this message from a friend and thought I’d answer it here.

Hey Matt,I thought I remembered that you had been doing something with Dave Ramsey… I was curious as to your thoughts on his program, etc.
L.

Dear L,

Yes, I helped pilot Financial Peace University at First National Bank of Durango. It’s the class that helped Cheri, my wife, and I pay off $165,000 in debt and save $20,000 in 15 months.

For us it was an amazing and transformational class. It offers sound advice on how to get out of debt.

Financial Peace University (FPU) is a 13 week class taught primarily though churches by volunteer class organizers. The cost of FPU is about $100.

Each class in 2 hours long an consists of watching a Dave Ramsey DVD and then small group discussion.

To review FPU I’ll offer Pro’s and Con’s and how my class Creating True Financial Independence differs.

FPU Pro’s:

Material is easy to follow
It’s works if you commit to change your behavior

FPU Con’s

Dave Ramsey is an Evangelical Christian and he quotes Bible verses (may be a con depending on your views)
13 consecutive weeks is a big commitment
Many of the lessons don’t apply specifically to getting out of debt
Success of the discussion portion depends on a volunteer facilitator
Dave’s big goal is for you to become Mega Rich
The 13th week is all about tithing to the church (again depends on your views)

How Creating True Financial Independence is different from FPU.

No religious agenda
Class is 4 weeks instead of 13 weeks
Class is focused on helping you succeed at getting out of debt
Class incorporates concepts from many other books and teachings
Class is taught by me; a professional coach and facilitator who has successfully gotten out and stayed out of debt.
A personal finance coach is available outside of class to answer your individual questions.
My goal is for you to live your dreams and for most people that does not involve becoming Mega Rich.

I hope this helps you understand Financial Peace University and my class Creating True Financial Independence.