Here are the 8 steps covered in the workshop:
Step 1 – Know your financial condition
Step 2 – Determine your goals. Think LONG-TERM
Step 3 – Make the best financial decisions; calculate the REAL cost
Step 4 – Create your spending plan – maximize your income
Step 5 – Create and maintain life balance
Step 6 – Establish your Emergency Fund (EF) of $1,500
Step 7 – Eliminate your debt (except for your house)
Step 8 – Establish your Emergency Living Expense Fund (ELEF); and the Power of savings using the sinking fund approach (Note: Investing is not covered in this workshop)
There is no cost for this workshop and it includes a 78 page workbook. The workshop and workbook was created by the presenter for workshops at local churches and corporations.
- Began financial coaching in 1991
- Former Dave Ramsey certified financial coach
- Former owner of My Financial Life Coach
- Retired insurance professional – 37 years
- Military veteran
- Active member of DCC since 1993
- Husband, Dad, Grandpa , automotive enthusiast, and do-it-yourselfer