The Baby Steps
_FPU is based on 7 Baby Steps. These steps are done in order and if followed the results speak for themselves. What are the Baby Steps? Learn more here
Click here for the FPU Companion Site - FPU Central
Steve Martin teaches budgeting basics
What does the Bible say about Money?
Making Home Affordable website - Click Here
The Envelope System
The 4 Walls
Funding The 4 Walls
QUESTION: Rene was in the remodeling business, but the market is now slow. He is now upside down on his condo and has credit card debt. He makes $3,500 a month. Credit card companies are screaming at him and he’s not sure where to start. Dave explains to him about what it means to maintain “the 4 walls”.
ANSWER: Credit cards can scream. If it dings your credit, then so be it. Get current on your first mortgage because it’s the most important thing to keep current. Your second mortgage is the second most important thing.
Here’s the order of attack. Pay food, utilities, then your first and second mortgages. There’s no point in being current on the second mortgage and not current on the first because the second won’t foreclose. When you pay those, along with clothing and transportation, that’s taking care of the basics and providing for your household first. That’s called funding the 4 walls. Pay your necessities first. Once you’ve done all that, then you can attack the credit cards. - https://www.mytotalmoneymakeover.com/
Watch HerePBS Frontline The secret History of the Credit Card -
Maxed Out Movie - Click Here
Life Interrupted - The Mechanics Bill - Dave Wilson - Watch Here
Opt out of pre-screened credit offers - Click Here
National Do Not Call Register - Click Here
Kensington Care & Help Resources - Click Here
FPU Forms & Workbook Pages
The YNAB Methodology in depth. Discover four simple rules that help you stop living paycheck to paycheck, get out of debt, and save more money faster! The You Need A Budget (YNAB) Method has helped tens of thousands of people turn their financial lives around. It can certainly help you!
Whether you're looking to right an apparently sinking ship, or you just want to implement a system that will require less time "managing" your money, YNAB will work for you. Get started by learning about Rule One.
Credit Sharks in Suits Bonus Lesson Audio
Credit Reports / Scores
Consider using www.annualcreditreport.com the following strategy. Decline all the offers to purchase monitoring or to get your actual credit score. Do not run your report from all 3 agencies at the same time. Pick one and run it first. Review this report and respond to any inaccurate information and address anything that needs action taken. Then in 3-4 months run your report again for one of the remaining 2 agencies. Review your report for changes. This way you can run your report 3 times per year.
One on One Coaching Packet
Do you need help developing and implementing your personal financial plan? Attending FPU is the #1 catalysis to people beginning to win with money. Please visit our class info page and register to attend. Sometimes another set of eyes to help you unpack your personal plan is needed. The first step to getting this help is completing the forms below. Once we receive the completed forms one of our Dave Ramsey Certified Coaches will be in contact with you.