Get Out of Debt Now- Accelerate Debt Elimination
3.8 (5 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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Get Out of Debt Now- Accelerate Debt Elimination

Stop Living Paycheck to Paycheck and Become Free from ALL Debt Now!
3.8 (5 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
451 students enrolled
Created by Aja McClanahan
Last updated 5/2016
English
Current price: $20 Original price: $160 Discount: 88% off
30-Day Money-Back Guarantee
Includes:
  • 2 hours on-demand video
  • 1 Article
  • 3 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
You will learn why you should get out of ALL debt as soon as possible
You will get tools to create a custom 'Get Out of Debt Plan'
You will learn strategies for increasing your income and decreasing your expenses
You will be given homework assignments to help you through the process of creating your plan and paying off debt
Additional information for people who have student loans or are considering bankruptcy
You will be directed to additional resources so that you can stay informed and motivated on your journey to debt freedom
View Curriculum
Requirements
  • This course requires a computer, smart phone/tablet and internet connection
Description

This course will teach anyone how to get out of even staggering amounts of debt. This course is taught by Financial Literacy expert, Aja McClanahan, founder of Principles of Increase- a media company that produces content to help people become financially independent. Aja and her husband were able to get out of over $120,000 in debt by increasing their income, reducing their expenses and adhering to a budget. Now, they want to show you how to do the same. This course is for anyone who wants to get out of debt, but is not sure how to start. We will even discuss options around bankruptcy and debt consolidation plus information on what to do if you have student loans. This is a comprehensive course that can be watched or listened to for actionable steps on getting out of debt. You will walk away with a custom "Get Out of Debt" plan that you can start implementing right away! 

Who is the target audience?
  • This course is for anyone that is tired of living paycheck to paycheck with no prospect of getting ahead financially
  • This course is for people who want a sold plan to get out of ALL debt
Curriculum For This Course
Expand All 22 Lectures Collapse All 22 Lectures 01:50:57
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Introduction- Getting Started
4 Lectures 14:23

•This course is for informational and entertainment purposes only

•Please seek a qualified financial professional for guidance pertaining to your financial issues

Preview 00:23

In this introductory video you will learn why I am qualified to provide advice about getting out of debt along with how to get the best out of this course. 

Preview 03:36

We will go over some shocking statistics when it comes to the state of debt in the average American household.

Preview 03:44

In this video, we will discuss why you should consider not only getting out of debt, but working extremely hard to make it happen. For homework, you will write down your own reasons for wanting to get out of debt.  Check the resources section under "downloadable materials" where you will find a place to record this information.

Preview 06:40
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Your Custom Debt Dump Plan
14 Lectures 01:14:04

For this lesson, we are starting with the #1 thing to do before starting this process. This is a short video, but absolutely VITAL to your success in getting out of debt.

Video 3- Want Debt Freedom? Do This First!
03:15

This video will address an important first step to getting out of debt: knowing your numbers. You will need to pull a credit report and then find out the amount of your monthly expenses along with your monthly income.

Video 4- Creating Your Debt Dump Plan
05:10

In this video you will learn what it takes to start and stick to a "budget first" mindset. You will learn why you don't need to be afraid of a budget and what to do if you continually fail at creating an accurate one. You will be encouraged to stick to the process and refine the best budget that will lead to your debt elimination.

Video 5- The Art & Science of the Budget
06:08

In this video we will discuss options for creating a budget plan. The options will range from free to low-cost and different levels of automation from spreadsheet to full fledge application.

Video 6- Budgeting Examples & Plus Tools (Free & Low Price)
12:54

This video explains your homework assignment. You will create a "1st attempt" budget. This will be a draft you will work with until you can perfect it to start your debt repayment process.

Video 6a- Homework Assignment: Create Your First Draft Budget
01:03

In this video, we will go over creative ways to save money and reduce common expenses. Don't stop here, however! Continue researching the internet to see if there are more ways you can save money!

Video 7- Cutting Expenses Ideas & Tips
08:38

In this video, we will discuss how to find "hidden money" and use it to start your debt repayment. 

Video 8- Finding Additional Money in Your Budget
09:14

This video explains your homework assignment. You will need to update your first draft budget to reflect the ways you have discovered to either make more money and/or reduce expenses. 

Video 8a- Homework: Revise Your Budget Based on Your Reduced Expenses
01:40

We will discuss what you will do with the additional money you have covered in your budget. First, you will need to create an emergency fund, then you will need to start your debt snowball.

Video-9 I Found More Money? Now What?
06:07

Your homework is to find a bank and deposit your $1,000 for your emergency fund. If you don't have $1,000 yet, check out the article in the "External Resources" section where you can get ideas for quickly building an emergency fund.

Video 9a- Homework Assignment: Find a Bank for Your Emergency Fund
01:39

Video 10- The Debt Snow Ball Explained
04:28

We will see how to create a debt snowball from excess money uncovered in the budget. This is a live demonstration of a budget manipulation which will show you how to pay creditors off using this method.

Video 11- The Debt Snowball Demonstrated
09:43

This video explains your homework. You will need to incorporate your creditors into the budget and begin your debt snowball repayment plan.

Video 11a- Homework: Add Your Debt Snowball to the Budget
00:59

In this conclusion, you get tips on remaining motivated and staying the course.

Conclusion & Follow-Up Tips
03:06
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Bonus Content Section 1- Advanced Debt Pay-Off Strategies
2 Lectures 12:31

Video explaining options for negotiating debt

Video 12- Negotiating & Disputing Debt
09:00

This is a useful article for those who may not know their options when it comes to Student Loans. Also, check the resource section for a podcast interviewing an expert on student loans.

Student Loan Help (Article)
03:31
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Bonus Content Section 2- Common Questions & More Information
2 Lectures 10:06

This video will go over your options for filing bankruptcy 

Video 13- Debt Consolidation & Bankruptcy
04:03

This video will talk about whether or not you should attempt to pay off your mortgage in the debt snow ball method.

Video 14- Should I Pay Off My Mortgage?
06:03
About the Instructor
Aja McClanahan
3.7 Average rating
70 Reviews
1,351 Students
5 Courses
Salesforce Guru, Entrepreneur & General Life Hacker

Aja "A.J." McClanahan is a certified salesforce developer by day and by night inspires people around her financial mantra: get out of debt, increase income and build wealth. She is a personal finance blogger for Principles of Increase along with numerous web publications and produces premium training content for the technical training company, Cramforce. She is passionate about tech, finance and winning.