“The Financial Fitness Program is a force for GOOD–helping people Get Out Of Debt.” -Jerry Harteis
It’s been said that your legacy is not something that you leave for people, rather something that you leave in people. When someone learns the principles of the Financial Fitness Program, it is almost impossible not to share the simple–yet little-known–truths with other people all around them. In the preceding article on this blog, we featured the success story of Matt and Michelle Mielke. Not surprisingly, this classy couple took the knowledge that they had gained on how to escape the Financial Matrix and paid it forward by sharing it with another professional couple, Tom and Pat Aul. Not only did Tom and Pat look over the Financial Fitness Program, but they started leveraging it rigorously to make huge changes in their lives. Read on to catch the highlights of their story from Tom’s perspective…
My wife, Pat, and I worked our way through the Financial Fitness Program over the winter and started applying what we learned in early 2015. At the time, our debt load was approximately $370,000. $32,000 was credit card debt. The rest was settlement debt from resolution of approximately $3.2 million of commercial real estate loan deficiencies resulting from the 2008-2009 real estate meltdown that erased our retirement nest egg–which included over $1.5 million of after-tax dollars that we had invested in a small commercial real estate portfolio.
Shortly thereafter, Matt & Michelle Mielke approached us with a business opportunity. We got started, began to associate with the community and learned our way through the suite of products available. Being one of the bestselling products, we didn’t really know if the Financial Fitness Program would work for us; but we decided to apply the 47 principles. We jumped in with both feet–we set up an emergency fund and a sacred savings account, and started targeting the issue of paying off debt head-on. Since the beginning of 2015, we have been blessed with two windfalls and–instead of purchasing a condominium and going deeper in debt–we paid off $32,000 in credit cards, $30,000 of bank loans, completely paid off the $60,000 balance on our Florida home mortgage, and, within the past 2 weeks, $102,000 of the mortgage on our Wisconsin vacation home. The total came out to $226,000! We are now only $144,000 away from being completely free of $3.2 million of debt!!
Pat and I are eternally grateful for the defense principles taught through the Financial Fitness Program. We have also learned a great deal about the playing field, and we are now implementing the offense principles through our business!
Now, just as Matt and Michelle passed the torch on to Tom and Pat, this couple is ecstatic to keep the fire burning by sharing their newfound knowledge with others. The legacy of true financial fitness will not burn out as long as there are people who are willing to apply the life-changing principles, and then endorse them to the world around them.
By combining the offense, the defense and the playing field into their daily financial routine, Tom and Pat are quickly escaping the Financial Matrix. What can you do today to improve your financial fitness?