WOW 30-Day Challenge Curriculum
Lesson One – How would you have to “BE” in order to “HAVE” Financial Freedom?
Key Elements:
Recognize there is something missing or something bigger is possible
Possess a strong burning desire to live life “differently”
Ask and answer the following questions:
- What does financial freedom mean to you?
- How can financial freedom impact your life on an emotional and spiritual level?
- What would you be doing if you had what you described as financial freedom?
The road to Financial Freedom is through Financial Fitness!
Now, let’s put a plan together to attain Financial Freedom
Action Steps – Part 1
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Take charge of your financial fitness
- Own the task of making a financial difference in your life
- Take charge of your financial fitness List what you will be doing if you have Financial Freedom
List how being Financially Fit would benefit you emotionally and spiritually. Understand that you are 100% responsible for where you are today.
Where you are today is related to your beliefs about yourself, your life and your money which shaped your prior decision making. For example, if having a 9am to 5pm job represents security to you, then that belief may have lead you to reject income opportunities that are commission based or require your own personal entrepreneurial skills.
Action Steps – Part 2
- Start owning the task of making a financial difference in your life
- List current financial situations you are not satisfied with (i.e. a credit card with high interest rates)
- List long-term goals for improving financial fitness
RESOURCES
Lesson Two – What Are Your Personal Philosophies and Beliefs Behind Your Money Making Ideas?
Key Elements:
What are some of your beliefs about money?
- For example, money comes and money goes.
- I live for the moment because the future is not guaranteed
- Money is suppose to . . . provide me security, a certain lifestyle . . .
- What is Your relationship to money?
- Respect money and money will come to you
- The more money supply we have . . . is the more we can spend
- Increasing the Money Supply does not mean more wealth. You have to take responsibility for Your own Financial Fitness
Action Steps:
- List what money represents to you. Is it to pay the bills? Is it to enjoy?
- List what financial outcomes you would have if your money supply was increased
- List how your personal philosophy and beliefs would be impacted if you were Financially Fit?
- Would increasing your money supply mean an increase in your wealth
RESOURCES
Lesson Three – How Do You Understand the Game Business & Money?
Key Elements:
Having One source of your money does not create security. It is surviving not thriving. Have Multiple Sources of Income including Passive Income generation as a Active Income generation is essential. You should seek to build more sources of Passive Income versus Active Income.
Action Steps
- List all Sources of Your Income Supply
- Identify which are Active sources of income
- Identify which are Passive sources Income
RESOURCES
Lesson Four – Are You Ready to Implement Your Own Debt Consolidation Program?
Key Elements:
Understand how “You were Being” that created Your situation of being in debt. Were Your Wants and Desires in excess of your capacity? Yours debts are either unsecured liabilities such as credit cards and loans or secured liabilities that are tied to an asset (mortgage payments and car notes). Take responsibility for your debts and “own” your debts. Understand that debts can be re-structured and/or re-negotiated.
Action Steps
- List all debts and obtain a recent copy of your Credit Report
- List associated interest rates for each debt
RESOURCES
Lesson Five – Are You Ready for Debt Relief?
Key Elements:
Start owning your debts and begin creating a personal debt management process to handle and eliminate them. Understand that the creditor isn’t the “bad guy” and that debts will be eliminated when you take action. You got yourself into debt and you can also get yourself out of debt. Utilize Debt Elimination Experts in order to maximize debt re-payment.
Actions Steps
- Telephone Your Debtors and negotiate lower interest rates or negotiate lower pay-off amounts (i.e. a reduction in the principal balance if a lump sum payment is made)
- Apply for a new credit card with a lower interest rate and transfer balances with higher interest rates
- Register for a Debt Advisor’s Session
- Register for the World Financial Group Strategy session
RESOURCES
Lesson Six – Why Not Create a System So Powerful that Your Money Talks?
Key Elements:
Your Money Supply is within Your control Supply can be increased through wages (i.e. working an extra shift or working a second job) Money Supply can be a family initiative (e.g. enroll your son or daughter in a paper route) Your Money Supply is not limiting. It can be created
Action Steps
- Realize that you have control over your money supply
- List income earned through wages
- List income that can be achieved through other avenues (i.e. child support, alimony, tips etc.)
- Identify creative opportunities for increasing the money supply. For example, a nurse can work their night shift and earn a shift differential
RESOURCES
Lesson Seven - Did You Know Abundance and Prosperity Require Multiple Sources of Income?
Key Elements:
Understand that true wealth creation is done by creating multiple streams of income. The more income built, the more likely you are to succeed at creating a continuous supply of money. Keep building more and more passive income streams because any income earned passively, is done with the least amount of effort.
Action Steps
- Identify another “need” you can satisfy or a “service” that you can provide
- Identify passive investment sources. Investments that will earn you money over and over
- Identify joint venture opportunities
RESOURCES
Lesson Eight - Are You Ready to Passive Residual Income?
Key Elements:
Passive Residual income is income generated without exchanging “time for money”. Your money is invested in a “system” or a “business” that just generates money without you having to put in time to earn money. Residual income is when your money keeps paying you time after time.
Action Steps
- Define what it means to you to be wealthy
- Identify passive income opportunities and implement them right now
- Use this extra income to eliminate your debts and then accumulate wealth in your life by saving, investing or creating a business
RESOURCES
Lesson Nine – Do You Know the Monthly Demands of Your Household Budget?
Key Elements:
Expenses represent past choices and are within your control. They are financial demands. Expenses are either fixed or variable. Fixed expenses are consistent from month to month. Variable expenses change from month to month. For example grocery bills, amounts spent on gasoline, miscellaneous expenses etc. Recognize that even fixed costs such as mortgage and car payments are also within our control just like variable expenses. For example, if we want to reduce our fixed expenses then we can move to a cheaper rental or rent out one of our rooms in the house
Action Steps
- Realize that you have control over monthly demands
- List all household expenses
- Identify which are fixed demands and which are variable demands
- Identify which variable demands and which fixed demands you will reduce
RESOURCES
Lesson Ten: Do You Know the Value of Free Budget Worksheets?
Be courageous which is an element of being committed to your Financially Fitness program. A personal budget is a financial plan that allocates future personal income towards expenses, savings and debt repayment. Creating a budget is the First Step in owning your Financial Fitness program. Creates the framework for developing your Financial Fitness program. Will identify areas of opportunity.
Action Steps
- Participant understands concepts of each budget type
- Participant selects which budget plan they will use
RESOURCES
Lesson Eleven – Do You Know the Greatest of All Money Saving Tips?
Key Elements:
Understand what it means to pay yourself first and why it is important to pay yourself first. By paying yourself first, you will be causing a great impact in your life and now you can End the Conversation of “I don’t have any money”. Decide where you will put your money and how this money will be distributed.
Action Steps
- Determine how much you will pay yourself each month
- Set-up a new bank account
- Determine what you will do with the money – whether it be for building an emergency fund, investing for the future or saving for a major purpose
RESOURCES
Lesson Twelve – Do You Know the Secret Power of Giving?
Key Elements:
Understand that by giving, you are participating in the “Laws of Abundance” and not out of ”Scarcity”. By Giving, you are acknowleding that more is coming. Give, by contributing 10% of your income to your church or favorite charity.
Action Steps
- Decide who you will give to
- Begin contributing
- Contribute on a consistent and regular basis
RESOURCES
Lesson Thirteen - Have You Established a Purpose Purpose Driven Life?
Key Elements:
Discover Your “Purpose” and Your “Why” for Debt Elimination and Wealth Creation. Whatever motivates you gives you your “Purpose” and your “Why”. Having a “Purpose” and having a ‘Why” will keep you Committed to Your Plan for Debt Elimination and Wealth Creation.
Action Steps
- List your purpose and your why for eliminating debt and starting your plan of wealth creation.
RESOURCES
Lesson Fourteen – Do You Know the Power of Making Goals?
Key Elements:
Think big . . . think Outside the Box . . . You can have whatever you Want Create a Clear Vision of the Future Have a Purpose . . . I want to be Financially Fit because . . .
Action Steps
- Identify tangible outcomes you want to achieve in your life. For example, not having a big enough apartment/house for the size of your family, so affording a bigger apartment/house is the most important financial goal.
- Identify intangible outcomes, such as paying off credit cards.
RESOURCES
Lesson Fifteen – How Do You Develop the Right Vision and Fast Get Results?
Key Elements:
How Do you Have to Be in order to Have the right vision so that you can ultimately Get Results Elements Have a Desire to Live Life Differently . . . Think BIG . . . Have a Clear Vision of the Future Understand that You don’t have to Accept Life the Way it Is Possibilities of the Future is Yours . . . Life did not just Land Here . .. You Choose it Be Open to Change Perseverance to Always Be In Action . . . Own your Own Destiny
Action Steps
- Create a Vision of Your Future
- Develop a plan for Achieving this Vision (specific measurable goals resulting in outcomes leading to creating this Vision)
RESOURCES
Lesson Sixteen – How Do You Create a Financial Plan to Achieve Your Goals?
Key Elements:
Goal Setting is a part of being Financially Fit. Having goals is important to achieving success. Without goals, there is no purpose and no objective to work towards. How is life without having a goal? It may be, purposeless, aimless and with no direction. How is life without having a reason for making money? A reason has to be more than just paying bills.
Action Steps
- List your financial goals.
- Determine what You can “give up” in order to contribute to achieving these outcomes. For example, what can You cut spending on . . . I can give up a Starbuck’s Latte for Starbuck’s regular coffee or use grocery coupons instead of throwing them away along with other junk mail
- Identify Active Income possibilities . . . It could be as simple as picking up a newspaper route
- Identify Passive Income possibilities
- Identifies cost cutting measures you will pursue
RESOURCES
Lesson Seventeen – What is Your Dream or Vision of the Future?
Key Elements:
Is it Large . . . Is it BIG? . . . Does it impact just yourself? Who does it Impact? . . . Your family or Your Organization . . . Consider Impacting a Community of . . . indigent rural children that do not have access to libraries and children’s books (e.g. create a non-profit organization devoted to improving literacy rates amoung children. Your Life will be Impacted by responding to the Greater Good.
Action Steps
- Within Your Vision for Creating More Wealth, identify a common cause (a problem in society that needs fixing). Within finding this need in society, there is an opportunity for improvement
- Identify a way to fulfill that need
- Participate in the 6 Month Mentoring Program where you will get resources for creating a business plan
RESOURCES
Lesson Eighteen – Have You Established a Timeline for Your Goals to be Reached?
Key Elements:
Goals are specific, measurable and are time sensitive. A goal is not a goal unless there is a timeframe for completion.
Action Steps
- Declare a timeframe for achieving your tangible and intangible outcomes
- Declare when you will Take Action for implementing Active Income possibilities
- Declare when you will Take Action for implementing Passive income possibilities
- Declare when you will Take Action for implementing Cost Cutting measures
RESOURCES
Lesson Nineteen – Have You Established Your Own Personal Passion
Key Elements:
Success is driven by your personal passion. Your passion will spark creativity and harness your personal power. There is a difference between doing a job and doing a mission. A mission is much larger than a job or a task. A job is finite with definitive outcomes (i.e. start a 9am and finish at 5pm) where as a mission is infinite. Whatever you are passionate about can contribute to your Financial Fitness and increase your money supply
Action Steps
- List what you think is a job. Include your job where you earn wages, and other duties necessary to life – such as mowing the lawn, getting your clothes dry-cleaned.
- List every mundane task you do, because later on you will identify opportunities for either decreasing expenses or creating income from these tasks.
- List the things you love and are passionate about
RESOURCES
Lesson Twenty – Have You Established a Purpose and a Why That Makes a Difference
Key Elements:
Take something you are passionate about and join that with a “Service” that benefits humanity. It will create opportunities of incredible power that will transform your life into wealth creation. Living a Life of Service through Your Personal Passion is Living Life Powerfully. This will Create A Dynamic Shift In Your Financial Life.
Action Steps
-
Identify what Service you could provide that is naturally aligned with your personal passion.
RESOURCES
Lesson Twenty-One - Did You Know Money Flows From Great Ideas?
Key Elements:
Action Steps
RESOURCES
Lesson Twenty-Two - Turning Your Ideas into a Fortune
Key Elements:
An Idea is the First building block to wealth creation. Ideas are a gold mine from where riches are wrought. Ideas solve a problem. Begin to harvest your ideas and let them become a source of a New Business Venture.
Action Steps
- Create a List of all ideas that you have
- Include those that satisfy a “need” or solves a problem
- Create a business around satisfying that need.
RESOURCES
Lesson Twenty-Three - How to Millionairize Anything
Key Elements:
Millionairizing, is the process of turning a Great Idea into a Money Making machine. Emotionalizing your Idea by taking it from an Intellectual space to an “Emotional” or “Spiritual” space will grow and expand your ideas and spin them into Action. Visualize the results.
Action Steps
- Take one of your ideas and . . . sit and think . . .
- Visualize your success around that idea
RESOURCES
Lesson Twenty-Four - How to Express Your Uniqueness and Value
Key Elements:
A study on Personal Value. How do you feel about yourself? If you feel that you are weak in something . . . I challenge you to give that up. Change that perspective from “I am weak . . . to what strength can I draw from that very weakness”? Believe, that you have a unique skill that is marketable. Two people in conversation create more ideas and develop synergy thereby forming a 3rd Mind.
Action Steps
- Believe in the Power of the 3rd Mind.
- Create your mastermind group by being in touch with like-minded people.
RESOURCES
Lesson Twenty-Five - Turning Buried Treasures into Millions
Key Elements:
You have talent. There is something that you do well. Are you using all your talents currently? Understand that there is an opportunity cost for not using your talents. There is an opportunity you are missing by not using all your talents.
Action Steps
- List the things you are “good” at doing. These are talents.
- Include everything, even though it may be something mundane
- Identify what buried talent you have that you are not using that could become a new business venture
RESOURCES
Lesson Twenty-Six - Are You Ready to Use Guru and Viral Marketing Techniques?
Key Elements:
Learn the Art of positioning Yourself as a World Class Expert Elements Define Yourself as X (the person who wants to begin fulfilling this need identified) . . . You are the Main Player in this Area . . . Act BIG . . .PLAY HARD If the Participant is Not the Only Player but there are Other Predecessors, then consider Differentiating Yourself in someway. For example, a Landmark Graduate teamed up with Habitat for Homes and incorporated his Solar-Energy Powered Homes with their projects. He later became the Sole Entrepreneur for creating the possibility for donating solar-powered homes in a 3rd World nation.
Action Steps
- Collaborate with Industry Leaders and Experts
- Research the progress of other predecessor Leaders, their mission, objectives and outcomes . . How did they achieve results . . . . how did the start . . .
- Identify how Your Project will be different from prior Leaders
RESOURCES
Lesson Twenty-Seven - The Art of Selling
Key Elements:
Recognize that you are not “Selling” when you are building a business. Understand that you are satisfying a need. You are a Service Provider. If you focus on Serving, then Sales will follow.
Action Steps
- Create a marketing plan around the concept of satisfying that “Need”
- Create a Sales implementation plan
RESOURCES
Lesson Twenty-Eight - Do You Believe In Safe Investing?
Key Elements:
What is investing? How much of Your money supply should be invested? What is Passive Investing? . . . mutual funds, stocks, REIT (real estate owned trusts) bonds and real estate (undeveloped non-income producing – land) What is Active Investing? . . . Trading the FOREX market, Option, and stock markets (e.g. Day-Trading) and real estate investing (owning rental property). If you don’t know how to invest then consult the Experts . . . Financial Gurus.
Action Steps
- Identify the next Investment Expo in your area
- Identify which investment vehicle you will Take Action on
- Become a member of the World Financial Group
RESOURCES
Lesson Twenty-Nine - Managing Risk
Key Elements:
Are you a Risk Taker? Discover your risk tolerance level. Knowing your risk level will guide your investment and business decisions. Understand the difference between perceived risk and actual risk.
Action Steps
- Identify your Risk Tolerance level
- Identify investments that suits your risk tolerance level
- identify business opportunites that satisfy your risk tolerance level
RESOURCES
Lesson Thirty - Sharing and Telling your own Rags to Riches story
Key Elements:
Strive to become a Millionaire for the Process of “Discovery” and “Personal Growth”. Do not focus on the Outcome of being a Millionaire. If you focus on the Process of becoming a Millionaire . . . then success will come.
Action Steps
- Along your journey of wealth creation, keep notes on how you have evolved as a person throughout the process
- Share your story with others so you can be a sourcce of inspiration
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