The White Wealth Belt™ is our lowest or entry level belt. If you are seeking knowledge to transform your personal finances and enhance your financial self-defense skills through our dojo, you are hereby granted a White Wealth Belt. But it also means that your finances are probably taking a severe beating and you need to learn some of the basic … [Read more...]
There are two phases to regaining control of your credit. The first phase is to review your credit reports and make sure they don’t contain incorrect or inaccurate information about you or your credit history. This is the area that we will focus on in this section of the mini-course. White Wealth Belt (WWB) Jumpstart Training … [Read more...]
When you obtain your credit reports, they will probably confirm what you already know about your finances. You may see large outstanding balances that seem insurmountable. The monthly payments may exceed your take home pay. So what can you do when you’re drowning, but don’t want to deal with the long term effects of bankruptcy? White … [Read more...]
The next component needed to get your finances under control is to create a household budget. This is an extension of the work that you should have completed under the Know Thy Finances section of the Puzzle Box Paradigm. White Wealth Belt (WWB) Jumpstart Training Mini-Course White Wealth Belt: Introduction Cleaning Up Your … [Read more...]
You will eventually find that your household budgeting program will free up extra cash. Hooray!! If it were me, I would use that money to pay off debts. As I mentioned at the beginning of this mini-course, your goal is to get your total debt (excluding your home mortgage) below 50% of your total annual gross income. White Wealth Belt … [Read more...]
As the holder of a White Wealth Belt, socking away a lot of money for the future should not be a significant priority right now. Your main objective is to get your total outstanding debt down to an easily manageable level. When you reach that point, then you should start contributing to savings and investment accounts. White Wealth Belt … [Read more...]
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