According to a recent study by the Brookings Institute, 38 million Americans live paycheck to paycheck. Over 2/3 of those on the edge of bankruptcy are considered "middle class" by most standards. Why is this? Is it possible to live debt free on a normal income?
Debt and other personal finance issues plague our society. Most of us have been taught how to handle money by advertisers and banks, who have convinced us that as long as we can afford the minimum payments, we can afford anything we want.
In this course:
In short, this course will help you move from debtor...to better.
This course is made up of over 2 hours of video instruction with all the tools necessary to get out of debt, no matter how big of a mess you're in.
This lesson isn't exciting - but it IS important. In this lesson, you will gain a new insight to what money really is all about.
In this lesson you will learn how to better prioritize your spending (or lack of spending) using three simple categories: Needs, Wants and Wishes.
Life is going to happen. In this lesson, you will learn how to better cope with emergencies through good financial planning.
In this lesson, you will learn several reasons why you should go through the effort to budget your money and some of the benefits it will bring if/when you do the process correctly.
You constantly hear that a budget is important and budgeting your money will help you win with money...but what does a good budget really look like? In this lesson, you'll learn the four questions every "perfect" budget must answer.
This lesson is one you'll want to take your time on. In this lesson, I will walk you step by step through the process to gather everything you need to build your first budget, as well as give you some hints on how to make sure the process is as good as it can be the first time around.
Sometimes it isn't enough to KNOW what we should do, we often need to APPLY what we know. This lesson is all about helping you quickly (and as easily as possible) build discipline into your finances.
As simple as it may sound, cutting expenses is the fastest and easiest way to free up some funds to pay down debt. In this lesson, you will learn a systematic way to review your expenses and make the most of your cut-back efforts.
In this lesson, you will learn several ways you can increase your income to be able to pay down debt more quickly.
This lesson is specifically targeted at those who are behind on any bills. As a former debt collector, I go through strategies for dealing with collections and provide tips on how to best get through this challenging part of being in debt.
In this lesson you'll learn how to prioritize and organize your debts to maximize your ability to get rid of them the quickest way!
Each time you're ready to pay off a debt, save 20% or more by making a simple phone call! In this lesson, you'll learn how to make sure you don't pay any more than you have to when making that final payment.
No course on personal finance would be complete without some discussion on saving. This lesson will give you some strategies for saving and investing. Designed as only an overview, it will still help you set saving goals and make sure you're headed in the right direction with your money.
This booklet covers much of the basic material regarding setting up a budget and the forms required. As an "all-in-one" PDF, this booklet is free for you to print or share as you wish without monetary gain, and provided you credit Barry R. Myers II for the work.
Barry Myers is a financial counselor, author and speaker who aims to provide practical, real-world solutions to positively impact people where it often matters most – their pocketbooks. His approach looks beyond the simple math of personal finance to place the focus on the behavior that drives financial choices. Using proven principles and old fashioned common sense, Barry helps people to get out of debt, save for short- and long-term goals and set good priorities with their money.
Barry holds an M.B.A., along with a Bachelor of Science in Business and Accounting. He is the author of From Debtor to Better: The Details of Debt and How to Get Out, as well as the husband half of the team behind the popular frugal living website, Stacy Makes Cents. Barry is a regular speaker at conferences, workshops and other events, and also offers one-on-one financial counsel.