Money Mastery ®

Since joining the Money Mastery® program and with your mentoring, I’m now focused on my finances.  When I first started with the program, you told me to open a savings account.  I remember saying, “I’m putting all extra monies on the credit card bills,” which at the time, I thought was more important.  Now I’m maintaining $300 a month and still powering down on the bills. I paid one credit card in full last month and another one will be paid in full next week.  I have targeted May for one card and November for another one.  The last one should be paid in September of next year.  How’s that for short and long-term planning?  All monies then will go into savings. I must say that without Money Mastery’s guidance, I seriously doubt that I would be this far.  — Alice Farro

As a homeowner living paycheck-to-paycheck, only home repairs that were deemed an emergency were fixed in a timely manner (and only after every home remedy was exhausted).  I have been maneuvering for years around buckets under leaking sinks and bathtubs where water flows from the shower and tub faucets, simultaneously.  After awhile you learn to adjust to the inconvenience and you don’t think about it until you have guests.  Recently, a friend of one of my daughters visited, who is quite skilled in home repairs.  He offered to work on my plumbing “issues.”  I’ve had offers before but the money for the parts and labor just wasn’t there, or as my mother used to say, “I would have had to rob Peter to pay Paul,” in order to take anyone up on the offer in the past.  

But thanks to what I’ve learned with the Money Mastery® program, I used my credit card (which now has a zero balance on it) to purchase the parts that were needed, and I knew [I had] the funds to pay off the balance (before interest accrued) and to pay for the labor were available through my emergency savings.  Now I can finally get my bathroom fixed. 

It will be even more exciting when my “home repair” category in my spending plan has grown to the point that I will not even have to use emergency savings to take care of the other problems in my house.  With a spending plan and the things I’ve learned with Money Mastery, I will soon find the money I need to take care of myself.  If I had one word to describe how I feel, it would be “empowered.” 

Thanks to Money Mastery I look forward to paying my bills and reconciling my bank statements.  I now ask questions instead of just giving up.   — Agnes Brown

My wife Mary Ellen and I have been married for more than 26 years.  Our financial hardships of 25 plus years finally came to a head last September when our daughter got married.  Due to the wedding our cash flow became totally depleted and our credit card debt grew out of control.  Our bills far exceeded our net income and we were having difficulty meeting our monthly expenses.  We didn’t know where to turn.   

We decided to make the call to order the Money Mastery® program. Now we are committed to become successful.  We are reducing our credit cards by paying our minimum payments on all except our “target” card.  That one is being “powered” down by using the payments from other cards which we previously eliminated by the same method.

He has become our voice of reason.

We believe our coach has become an extension of our family. He directs us, empathizes with us and guides us to seek alternatives.  While I realize some of these changes are basic and common sense, they are things we never thought about in our 26 years of marriage.  Money Mastery and our coach are helping us on a road to recovery.  We both constantly think about our expenses and our present financial situation. Comparing it today to that of even a few months ago is like night and day.  There is light at the end of the tunnel and we owe it all to Money Mastery.  — Bill and Mary Ellen Barry

I have to tell you that the Money Mastery® program has been the best thing to come into my financial life.  I’d been living month-to-month, blind.  I didn’t know where my money was going and had no plan to get out of debt.  It was really frustrating.  Now I have total control every month and it’s so easy to keep track of my spending.  The mymoneplan.net community site is an amazing tool to help put all the pieces of the puzzle together.  I can’t believe how the stress and worry have diminished from my life.  I can now live within my means and enjoy life at the same time.  Thank you so much for an amazing program everyone should be introduced to!  — Bruce Ellsworth

I wanted to share an important experience that Mark and I had with the Money Mastery® program.  When we started the program we built a spending plan that covered our expenses and provided a small contribution to savings and debt elimination.  Mark and I felt confident that we had trimmed the fat out of our spending and the plan was very tight.  In June, we received word that Mark's salary was being cut by 25% due to the economic slow down.  We did not know where this money could come from since we had built such a tight spending plan.  We were looking at options to defer some of our debt payments and we were concerned about covering our bills.  Alan challenged us to look more closely at our plan and review our categories again.  After an honest and thorough review of our plan we were able to trim enough expenses from our plan to cover our reduced income without deferring any debt payments.  This exercise showed us that we can be much more aggressive with our debt elimination plan once Mark's salary is reinstated. I want to thank you for challenging us to take an honest review of our plan.  You did not let us off the hook and we had the tools to deal with this interruption in income responsibly and strategically.  Prior to Money Mastery this kind of setback would have thrown us into panic mode.  Mark and I feel empowered by this achievement and we are seeing the results of working the plan.  Thanks again for your support!  — Dana and Mark Ford

Since using the Money Mastery Spending System we are seeing the surplus grow, no doubt about it! Money Mastery's Spending Planner and Spending Masters have already paid back our [coaching fee] and will continue to do so for years to come.  — Cindi and Doug, California

We can’t express enough thanks to all of you at Money Mastery® Coaching Services. Before Money Mastery, my wife and I, like so many other couples, would argue over money, and where it was being spent. We used to live from paycheck to paycheck. We would get paid and hurry to the bank to beat the checks we had written, so they wouldn’t bounce. After learning the 10 Money Mastery principles, things have changed drastically. I can’t remember when the last time we argued over money.  While I was on active duty my pay was reduced by thousands. Having learned the 10 Money Mastery principles we were able to modify our budget and use some of the savings to get us through. Many of my comrades have not been as fortunate. We have been able to recover the money we initially invested in Money Mastery.  — Darren and Kris, Utah

Within three  short months of beginning the Money Mastery coaching program, my parents wanted to know what I had been up to, since they had seen a change in my persona.  I told them it was the financial freedom I was starting to experience.  It was the step-by-step program that provided me with the knowledge and control of how my money would be spent.  — Diane Wagner

On June 1 of this year, Carol and I had 14 open accounts including our unpaid real estate taxes. As of today we are down to four open accounts. Our debt load is $65,000 less than when we first spoke with you about starting the Money Mastery® program. — Gary and Carol Olson

After almost a year of coaching with Money Mastery and following the principles, we have paid off all debt except for our mortgage and have managed to save over $10,000.  But the biggest surprise is that each month we go through our spending plan and find hundreds of extra dollars that we can apply to paying off our house early!  It is not just the saving emphasis that has helped us gain better financial security but all of the principles combined.  Both of us agree that Money Mastery is one of the best investments we’ve ever made.  — James and Jenna Beers

We started out with no savings, no retirement, no plan of how to get out of this living check-to-check.  Now we have, in one short year, been able to start a retirement 401(k), a money market account, a mutual fund, a regular savings account, and have paid off three cars, two furniture payments.  We thank Money Mastery for showing us how to work with money.  — Ken and Barbara Russell

When we first began the Money Mastery® program and I began to understand what we were going to have to do, I thought it was going to be like caging a wild tiger — something that was fierce, wild and out of control. 

Over the months however, we have learned much about our spending habits and the emotions that go with them, including the frustration when we miss our goal and the joy and peace when we are within the goal.  Learning how to anticipate expenditures has been very enlightening and has taken a lot of pressure off of “paying the bills.” 

We were told that our marriage would be better and closer [if we applied the Money Mastery Principles].  I didn’t believe it, since we have had such a close marriage.  The truth is, our marriage is better.    

We don’t have to defend ourselves anymore.  We had the same goals before we started this program, but we worked at them differently. Now we work on them together.  At times it has been difficult, but the mere thought of returning to our old ways is frightening!  There is no going back.  — Melinda Downing

I thought we were the only ones living pay cheque to pay cheque (aside from social assistance recipients)! However, now I feel as if I'm coming out on the other side of it all as a result of working with you.  Hopefulness is a invaluable state of being. With it comes mounds of positive energy, enthusiasm and productivity. I really like the fact that the Money Mastery® program does not endorse anyone’s financial services  or products, but will give general opinions when asked.  Your service is tailor-made for me, a service that takes every aspect of my financial life into consideration (the personal, emotional, and professional).  Inherent in this service is sound financial thinking based on years of financial and psychological research about money and how we use it in our society — what’s more, the program delivers without all the sales hype that so many financial planners spew out.  The Money Mastery program is great and just what so many of us need. Thank you!!!!  — Nancy S., Ontario, Canada

For many years my family barely got by financially — barely got by even though at times I would work two jobs. But, it was not unusual for my wife and me to believe we were doing better than reality. 

I have been a Money Mastery student for 4½ years. At the beginning, we were a mess: significant consumer credit card debt, no real savings, pretty poor communication and relationship challenges (dare I say = money fights) which made family life miserable. Not being able to sleep was a classic symptom I experienced.  Today is different. I can express with absolute conviction that the  Money Mastery® program works. I know in my heart it would have never happened or taken much longer, significantly longer, to get out of the mess we were in if I had not found the Money Mastery program. I no longer have sleepless nights. And while both of us work, we pay our bills, we both contribute to our respective employers’ 401(k)s, we have money in savings (and growing), and we did not have to borrow money to send our last child off to college. And, we did not declare bankruptcy. The consumer debt noted above is almost completely eliminated.  I am grateful to be a Money Mastery student and practitioner. I recommend Money Mastery without reservation.  — Mike M., Utah

For years I looked for ways to reduce my debts and keep myself encouraged.  My efforts failed every time because I did not have the proper tools.  With the Money Mastery® program, I now have the tools I have been looking for to meet my financial goals.  However, the best part is that I was assigned a coach to help me stay focused on my goal and to seek out information specific to me to help ensure that I reach my financial goals as quickly as possible.  The program made some pretty big claims about what it could do for me.  Not only has my coach kept her promises, but she has gone beyond that.  My coach actively searches for ways to help me reduce the interest that I am paying for loans and informs me of other findings that she feels will help me learn more about investing, budgeting, and small business development.  Without hesitation, I recommend the Money Mastery program to anyone who is serious about debt elimination and wealth development.  My evaluation?  No matter who you are, Money Mastery can be a low-risk, high-return investment for you too!  — Robert Fulgham

With your suggestions and information, I have been able to completely pay off the two credit cards that I had outstanding, I have refinanced my two vehicles into one low interest loan, and have started my savings account balance with black ink instead of red!!! I am a HAPPY PERSON!!!  — Sandra Truitt

At 43 years old, I am embarrassed to admit that prior to enrolling in the Money Mastery® program I had been quite irresponsible with money. I went through bankruptcy (and still did not learn different habits), I had zero in savings, and I owned no real estate.

The Money Mastery system has truly changed my life.  I now have savings and investment accounts that I contribute to monthly.  I am in the process of purchasing my first home and I am able to contribute monthly to my favorite charities as well as sponsoring a few children from poor countries.

People who pass up the opportunity to learn and implement Money Mastery’s principles are missing the opportunity of a lifetime.  — Terrie J. Schultz

We recently bought a house, combined incomes and were making good money. We also were living paycheck to paycheck. We never realized how much money we were spending each month on things we couldn't account for at the end of the month. Now that we've learned how to track and control our money, we are saving over $800 each month and know where every penny is being spent. The Money Mastery® program has taught us how to live for today as well as plan for the future at the same time. With the plan Money Mastery has helped us create we are on track to pay off our 30 year mortgage in less than 10 years as well as all other bills and be completely debt free!! 

Thanks to Money Mastery we are looking forward to planning things we only dreamed of previously.  — Tom and Lisa, New York

Having the tools to make good financial choices has lifted a burden off of my mind.  Having one-on-one sessions has been a lifesaver.  I don’t think we would have kept going without your knowledge, support and encouragement.  Money Mastery Coaching is the best investment we could ever have made.  We have gotten our money back in just taking the time to make conscious decisions, and putting just a little extra toward debt payment.  Without the resources given to us by Money Mastery, we would not be on the road to financial success that we are now on.  — Tracy H., Missouri

I want to tell you how grateful I am to have started the Money Mastery® program before I lost my job.  It was extremely traumatic being fired, but I wouldn’t have been able to cope nearly as well if I hadn’t already started changing my spending habits and adjusting my thinking about money. Because of the program, I was much better prepared to cut back to the bone on my living expenses.  — Valerie Taylor