Success

Able to Focus On Our Future Dreams And Take Action!!

“Since we've enrolled in the coaching course, we've been able to focus on our future dreams and take action to make them a reality. We had a habit of purchasing on a whim (specifically, going out to eat and entertainment). We have set up a max allowance for monthly dining out and used the extra funds ($100 a month) to accelerate our credit card payments. When purchasing our groceries for the week we shop according to the sales, use coupons and shop with a list. The small changes have controlled our impulse purchases and allowed us to stock up sales items that we purchase week-to-week. We have eliminated the 300+ cable stations we rarely watched and enrolled in a cable/internet/phone plan, which saves us $75 per month. All in all right now we are using a $550 as an accelerator to pay off my credit card. The card will be paid in full on 2/14/08. At this point we will have an accelerator amount of $710.00 that will be applied to Lisa's car payment per month. This will put a total of $1169.00 per month payment. This has her car being paid off in 8 months. The plan is to continue this path and be able to use the $1169.00 as an accelerator on my truck payment.

“Our short-term goal was to pay off a major credit card. With the extra money from reducing our dining out occurrences, changing our cable plan and temporarily freezing our emergency/dream fund, these accelerators have allowed us to make hefty payments and we are on target to pay off the card next month. Once the credit card is paid off, we will contribute to the emergency/dream savings plan again.

“The course has also provided us with the information needed to decide to open our own business. We are taking the necessary steps in researching our business plan, researching financing and set the ball in motion to make our dream a reality.

“Most of all we needed a kick in the butt to get us motivated. The course has also opened an avenue of income from starting my own business to getting interested in investing into stocks. There is still much I need to learn about the stock market.

“We are also starting the adventure of building our own home. This also comes with many hurdles that I have to leap over. There is a bit of planning to do when I have to sell the home I am in now, plan and finance the home we wish to build and start a ground up business. The coaching system has helped us to prepare for the business portion, which will help up build wealth. The coaching system has also helped me realize that the rental property I own right now will not be profitable as a pure rental property.

“Another aspect the coaching system has taught me is just how much interest rates can effect my monthly payments along with the total interest paid over the course of the loan. I have always been cognizant of what interest I was paying but needed to sharpen my skills of utilizing the power of money leverage.”

Lisa K.
Torrington, CT

Already At A 150 Latte Factor And Climbing!!

“Through the coaching program, I learned a number of new things about my annual credit report (I ordered all 3 at once last May, but learned from the reading that I should order just one at a time, spaced throughout the year)--how to understand it better, how to address any errors, etc.

“I also realize that I'm a lot better off than all those people who carry credit card debt since I've never carried any finance-charge credit card debt and have no plans to start.

“I'm much more familiar with the positives and negatives of various streams of income-However, just as I get excited that I might be interested in pursuing one of those streams, I get yanked back into reality about the pitfalls. My insight is that I need to think much more carefully about any of this before jumping in.

“In the time since I started, I have made changes to childcare expenses and various Latte Factors--Netflix subscription, Prevention Magazine, Reader's Digest, and Kiplinger Finance magazine subscriptions, and the extra principal payments I make to my second mortgage.

“I should now save about $150-200/month for the Latte Factor. I've also recognized the expense tracker had made me much more aware at how much money I pay into my home.

“My latte factor is a little over $150 per month to be applied towards my mortgage payments and the costs of this education.

“My future goal is to have an emergency fund goal which is about $6K. I also have $1k placed on the side.

“I also want to get settled on a new and effective financial advisor with whom I can finally establish a financial plan to give me a roadmap for my current and future investments.

“I also plan to continue reading a plethora of finance books, complete coaching assignments, and make time to listen to the archived audio sessions.

“I will also continue keeping track of my expenses beyond what I was originally assigned. I intend to do this for an entire year at a minimum to get an overall view of where I spend money throughout the year.”

Ria de G.
Davis, CA

We Are Learning to Become Financially Savvy

“This is only our third session with the course; but my husband and I feel a sense of relief; just for the fact that we are learning to become financially savvy. It is an exciting time in our lives.

“I am learning, thus far, how to invest money into a mutual fund to make it grow. I just opened an online account to pay our bills. I hate spending half of my weekend writing checks and stamping envelopes! Yuk!

“I have never been a 'math' person per se; therefore I kind of dreaded the fact that I may be a real dummy. However, I am enjoying figuring out lattes. It is challenging, inspiring, and I am feeling free in knowledge and results.

“I swear, I was so frustrated by reading books and not being able to carry out what I learned. I still had so many questions on finances. Different authors would advise on differing points of view. Ahh! These things drove me crazy. Now there is some resolution. We have been saved with this course! Yeah!

“God Bless all of you and David Bach is my mentor. Will keep you posted.”

Rose & Ed C.
Sun City Center, FL

I Can't Put Into Words How Appreciative I Am!

“I cannot even begin to put into words how appreciative I am of the progress that I have made so far. I feel truly blessed! This journey has been both insightful and so very educational.

“For starters, I have discovered my Latte Factor. When I first started this process, I thought that I was only guilty of buying bottled water but when I actually started to track my expenditures I realized that I also have a thing for on-line shopping, groceries shopping, clothes shopping heck any thing related to shopping. I found that I was not only buying lunches for myself several times a week but I was also treating my co-workers to lunch. Tips for the gas attendant that fills my car, tips for the waiter or waitress even when the service was bad. But my biggest shock was when I did the math for one week and I found that my total Latte Factor was $847.27, I finally see now how I have been living from paycheck to paycheck. It is not from lack of money, it has been from lack of insight. Truly amazing!!!!!”

Marcia B.

It's Empowering to See What Can Be Done with Financial Discipline!!

“When I first met Jeff, I was beginning to put together a life plan for myself and children, going through the beginnings of divorce process. Lots of financial planning things were up in the air, but Jeff was able to help me sort things out and a great plan went into effect using the figures available. My first assignment, going over debts vs. income, honestly brought me to tears. However, with continued reading and coaching, the tears are no longer necessary. It's still scary looking at the figures, but with a good plan to follow, its empowering to see what can be done with financial discipline. Things that I have done to date are: daily tracking of my finances, paying for things in cash, automatic savings each month for my 'rainy day', I have increased my retirement contributions, taken advantage of the pretax health deduction my company offers, pay my bills online, have paid off a few of my smaller credit cards, successfully challenged credit card companies regarding interest and late fees, and I am looking for ways to use my hard earned money to its best potential.

“I have taken an inventory of all my insurance policies, read and familiarized myself with emergency planning. Although I am not making tremendous amounts of money, I feel very good about the way I am managing it. I make daily visits to Finish Rich Coaching and enjoy the transcripts and find them encouraging.

“I have been able to teach my children how to set priorities and save in one area so that we have extra to spend on the things we really want and enjoy. We are making plans to change their savings accounts to interest earning accounts with weekly contributions so that they can begin to be responsible for watching their money grow.

“For me, it is energizing not to have to worry as much everyday about my finances because I know I have good plans in action and everything is organized and improving daily.”

Tricia D.
Hubbardston, MA