Well, here we are in week 3. The class is fully under way. The group discussion is picking up in the intensity department as we start to really get into the meat and potatoes of this whole Financial Peace thing.
Tonight's budgeting lesson will change your life forever if you put in to practice what you learned tonight. It's not easy. Especially when you have not been living by these principles. It's like going from an all pizza diet, to cottage cheese and fruit over night. There will be some pain and suffering so to speak. However, you will see dramatic results. It comes down to doing the things that we know we are supposed to be doing but don't like to do. We all know that if you want to lose weight, just burn more calories than you take in. If you want to win with money, just spend less than you make. It's so simple, yet so hard.
OK, enough blabbering. Here is the long awaited, rediculously high, class debt total.
$2,510,516.54 that breaks down to $100,420.66 per household.
Remember that next week's lesson will help us to start paying this thing off. My guess is that this class can pay off at least $80,000 of this number by the end of our 13 weeks together. Let's see how we do.
Monday, April 27, 2009
Wednesday, April 22, 2009
FPU Under Way
For many of you this may be your first visit to the FPU Cheetah Chasers blog. After only 2 sessions of FPU, you don't even understand what Chasing the Cheetah means (that gets covered in session 4).
My hope is that this blog becomes an ongoing classroom session where you can ask questions, propose ideas, ask for help and network with other FPU classmates and former graduates. This is a safe environment that is potentially a huge resource to the person who truly wishes to get out of debt, stay out of debt, and build wealth.
For those who are currently attending FPU at joy, make sure that your quickie budget is complete and that you are keeping up on your reading assignments. If you have yet to officially register for the class, your time is running out so contact me asap and get that done.
This Monday is Cash Flow Planning where Dave teaches us about budgeting. Don't miss this class. Come early and sit up front. This class is what FPU is all about.
Also, Thursday is the Town Hall For Hope at Joy CC. Watch it live at 5pm or taped at 7pm. If you come to the 7pm session, please come early. I think that there will be so many people attending that not everyone will get in.
see you soon,
Alex
My hope is that this blog becomes an ongoing classroom session where you can ask questions, propose ideas, ask for help and network with other FPU classmates and former graduates. This is a safe environment that is potentially a huge resource to the person who truly wishes to get out of debt, stay out of debt, and build wealth.
For those who are currently attending FPU at joy, make sure that your quickie budget is complete and that you are keeping up on your reading assignments. If you have yet to officially register for the class, your time is running out so contact me asap and get that done.
This Monday is Cash Flow Planning where Dave teaches us about budgeting. Don't miss this class. Come early and sit up front. This class is what FPU is all about.
Also, Thursday is the Town Hall For Hope at Joy CC. Watch it live at 5pm or taped at 7pm. If you come to the 7pm session, please come early. I think that there will be so many people attending that not everyone will get in.
see you soon,
Alex
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