Student Success Stories

Our experience with Prosper has provided us with essential knowledge to better handle our finances. Prior to our enrollment in the “Financial Planning” course we were living as typical college graduates: working full-time jobs with a modest amount of debt from school and living expenses. Our debt payments were always on time and above the minimum balance, however, we just couldn’t seem to pay it off in full. In addition, as we headed into our mid-20s we recognized the need to start investing and planning for our future. Unfortunately, we didn’t have the means or knowledge to do so.

Then, a few months ago, an unexpected change in family circumstances provided us with a modest amount of money. Those funds, coupled with your coaching and guidance, enabled us to take on the mentality that debt elimination was our top priority. We learned the importance of setting specific financial goals, “managing” vs. “tracking” our expenses and the basics of investing.

In addition, the knowledge we acquired enabled us to help our families. The key concepts we shared with them were well received. Their progress has steadily increased as they take responsibility for their financial decisions. Much to our delight, budgets have been created and expenses are being tracked.

On February 25, we became officially debt free. However, this achievement is just the beginning for us. We are thrilled to begin this new chapter in our lives. The funds formerly set aside for creditors will now be used to build our own wealth. We are eager to increase our savings, begin retirement funds and venture into investments.

Prosper’s “Financial Planning” course removed the fear and trepidation that came with taking control of our financial future. We are grateful for the wealth of information and resources that have been available to us. We are prepared to continue our success with the valuable knowledge we’ve acquired. Thank you!

Cooper & Nina S.
Orem, UT

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

Our family signed up for the TDIW system because we were unhappy with our financial situation. We were living from check to check and dependent upon credit cards for emergencies. As the parents of one child and a desire to have another, we decided it was time for us to take control of our finances and we believed that the TDIW system would help us.

We believed that our strongest chance for success would be to enroll in the coaching program to help give us accountability.  I am please to report that a mere two months into the program has proven successful for our family. We have begun tracking our expenses and questioning the items that we spend money on. We are consistently eliminating recurring, unnecessary expenses from our lives in order to free up cash flow to pay down debt and reduce our dependence upon credit cards.

Below are the successes that we attribute to the TDIW program, you as our coach, and our commitment to our family:

• Increasing our net worth by $15K in two months (our net worth was negative when we started and we now have a positive net worth!)
• Paying off our student loans
• Increasing our cash flow and building an accelerator margin
• Getting rid of our credit cards

Our debt-free date is June 2013 and we not only believe that this is an attainable goal for us, but it is our motivation to continue on our path to financial freedom.  We are also very pleased to share that we are expecting our 2nd child and as a result of joining this program, the black cloud of financial woe looming over our heads is dissipating.

Freddie & Acacia N.
Fort Worth, TX


Q: How has the coaching program positively affected your life?

A: "The coaching program was the best foundation to get us on the road to success.  Without it, I believe we would still be spiraling out of financial control."

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

We think we can do it!! That’s our most prevalent thought. Three years ago, we would have said no way! With the help of Justin Brimhall and Prosper, we are on the right track…we think we can, we think we can, we know we will!!

As our net worth increases and our liabilities decrease, we are excited and encouraged to press on and meet our goal of debt free before we retire around June, 2014. Our biggest change in mindset is that we are using Quicken to monitor our monthly expenses, and consciously pay all bills and purchases using electronic payments, debit card or cash. Contrast this with our rather indiscriminate use of credit cards just two years ago. The reduced debt burden also gives us great confidence and optimism as we approach our retirement years.

We have just a few debts left to eliminate and the house is our biggest! Our only use of a credit card since we started has been to pay off $36,000 on our home equity by using a credit card with 0% interest for a year and we’ll pay this off within the year. This is a great idea that we could never have done before!

Our improved cash flow paid for James’ tuition and replaced his car without further debt. We have eliminated $67,000 in indiscriminate credit card debt. Altogether, we eliminated $165,000 in debt so far, leaving $353,000 to go! An inheritance from a beloved Uncle helped us make long overdue repairs and upgrades and still left us with $29K in cash.

We are trying to restrict our charitable contributions and gift giving. We just need to stay on it, particularly as the holidays are approaching. We also need to continue to monitor additional expenses of air travel to visit our families in AZ, FL, and NY. There is not much we can do about the added travel since it is to attend to close family members who are ill or having babies. Although this is important and necessary, it will keep us from being debt free sooner.

It’s a daily decision to think before we spend…and that isn’t always easy. But, with our goals in mind, we can be more committed to challenging and questioning each other, before we decide to spend money on airfare, gifts, donations, or etc.

Our debt free date with a $3,000 accelerator is January, 2014. Think what we can do if we just increase the accelerator by $1,000! We are off to a great start!  Thanks for all your super coaching! We could use at least one more session on balancing between investments and paying debt.

George & Linda C.
Great Falls, VA

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

When we joined the TDIW program in February we were continuously paying our bills and getting nowhere fast. The many hours of working were just not making a dent in the bills although hundreds of dollars were being applied monthly the interest kept them rising along with continuing to use some of them. Robbing Peter to pay Paul had to stop and this program has given us the where for all to do just that. Working with a cash only mentality and dollars in our wallet we have been paying off bills and watching it all work wonderfully. I read of the program and sent away for the tapes and program. We joined the program together to make our dreams come true.

I have seen that there is a light at the end of the tunnel and that soon the tunnel will be no more. Blasting the mountain of debt away, gently and with ease has revealed the magnificent landscape of debt free living with possibilities never before seen. We had only dreamed of retiring someday, when was out of the question. Not only do we see it as a possibly but a reality with other money ventures helping us to create the revue to retire and to continue making money and not working so hard to get it. Personally I have seen that money can make money and that a cash only lifestyle is the best to have. Although we still have to charge something for the businesses we are able to pay them off quickly with the revue coming in.

Our debt free date is March 2014, with $278,000 being paid off. Leaving us with years of investing in ourselves and living our lives debt free with cash only. Before this program I could not see being financial independent in my seventies never mind in my sixties. We have been given such a gift by the TDIW program and the financial coaching from Kory Koontz from Prosper. Lesly met John many years ago in Portland, OR at an evening seminar, thought it a good program, but not until I heard it on the radio, thinking its about time to get off this merry-go-round, was I ready to grab the gold ring an jump off. By jumping off that debt-go-round we are now ready to ride the magic carpet to far off places where we can make money speaking and educating others while having fun and enjoying life together as a couple of older gals enjoying life and laughing all the way to the bank and putting money into investments.

We have changed in spending only that which we have and finding that we have done that very easily. We have begun to save money for the future and for emergency times instead of relying on using a credit card. Our businesses have begun to take on new role and images into future growth and wealth. We have started money market reaching to invest to build our portfolio into financial freedom and exciting ways of living simple and wonder filled awesomely fun lives.

SUCCESS UPDATE

Since joining TDIW ten months ago, I have been able to pay off $34,948 in credit cards and $30,200 off my mortgage that is a total $65,148 off my debt. I have also been able to read many books on debt reduction and how to invest money to make money. I have also been able to put $10,600 into savings.

My income has also increased by having multiple income sources to gain prosperity from. I want to thank you and the program for this added financial insight and for your individual coaching.  Thank you once again.

Dr. Kathy
Massachusetts

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

As you are aware Rose and I had already eliminated our first two credit card debts with our original debt accelerator in December and January. Our January sale of the 2006 Highlander Hybrid brought us $25,000 to use to eliminate additional debt. We used this sale to eliminate three additional credit card debts totaling $24,000.

Today we have sold off the 2002 Toyota 4 Runner for $15,000 and used the equity in it to purchase a different vehicle which is paid off.  In the first 60 days we have eliminated 5 credit card debts totaling $26,000 and one car loan had a balance when we started of $8,750.  Our total debt reduction for these first 60 days is $34,750. 

We have eliminated 6 of our 14 debts. We have reduced our credit card debt by 46%.  We will have all of our credit card debt and one more car paid off by the end of the year.

Thanks for your help!

SUCCESS UPDATE

Today is our two month anniversary of purchasing the Transforming Debt into Wealth Program and this morning Rose and I completed a significant step toward eliminating our debt and moving toward our goal of financial independence! We have completed the sale of one of our high priced vehicles and made a major move away from: 'Looking rich and being broke.' And we are quickly moving to being wealthy! I have just completed paying off our third, fourth and fifth credit card debts and I am thrilled to be able to say that we are $25,882 closer to financial independence. All in just 60 days!

Today we are looking forward to finding ways to move the process forward and continue to accelerate our journey to being debt free and financially independent! I have rerun our debt accelerator program and we have reduced our debt free date by over 17 months from our original date two months ago. We can now see the end of the tunnel and we are looking forward to continuing our journey forward.

Have an awesome week and go to bed tonight knowing that you have made a difference in the lives of Rose and I and our two children!

Jim & Rose S.
Stillwater, MN


Q: What have you learned/accomplished since starting the coaching program?

A: "Reduced our debt by over $50,000 in 14 weeks and changed our spending habits and attitude about money and credit. Brought our two children of 16 and 20 and have watched them become much more educated regarding money and credit."

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I wanted to let you know that the biggest impact this program has had on me so far is developing a new mindset; a non-hyperconsumption mindset! What I want from life is for myself, my loved ones, and those around me to be happy and I'm a very happy person in general. Therefore, it's much less expensive to carry my happiness with me and influence others around me to be happy with out runny around trying to accumulate possessions to make me happy. Besides that my garage is already full.

Next, I decided to start with a margin of $1,300 for now. As we get more months of expense tracking under our belt that number will be revised accordingly.  As for a potential debt free date, I have not been able to get real good numbers into the 'debt free' program because of my neg am/ interest only loans. Our rough target is 6-7 years or better depending on creating extra streams of income with investments and/or extra business ventures.

Finally, Morena and I are off of credit and it feels great. I now associate using credit cards as such a bad thing it's easy to not use them. Of course credit can be a powerful ally, but not when used for the dark side. We are controlling and monitoring our expenses and, as I mentioned earlier, will have a much better grip on how they impact us by category in the months to come. Although we do have some home improvement planned to be completed within the next month and a half, those expenses will come from funds outside our monthly budget.

Within the next six months, Morena and plan to have our '03 Saturn paid off, (remember we just paid the last of our credit card debt) be well into paying our other car off, (the '06 Scion) have a solid plan for creating additional streams of income including consistent income from investments, and adding to our accelerator margin as well as utilizing the debt free program regularly to know exactly what our debt free date is as well as knowing the potential of our investments and knowing how to help others develop a program of their own. 

Thanks for everything!

Richard & Morena T.
Diamond Bar, CA

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

Our American dream is being totally out of debt and planning for a self-directed financial future.  This is projected for 5 years.

We listened to the TDIW 3 years ago and because of the cost $600.00 or so, we returned it.  I mean really, charging $600.00 on an already overburdened credit card, just didn't make sense.  Alas, if we had kept the system and implemented it then, we would only have two years left to be debt-free!

We went with the personal coaching system.  Our coach is pretty no-nonsense when it comes to our sessions.  We do not waste time.  We use each and every resource to increase our accelerator margin and we feel like racehorses, ready to take on our debt and defeat it.  Our coach pretty much cut out our excuses for being in debt.  He also listens to our suggestions on how to best manage our debt and encourages or discourages us based on his expertise.  Your coach is not your babysitter!  You and you alone got yourself into this mess.  You and only you will get yourself out.  Your coach is an advisor, who mentors your decision- making and guides you to a more realistic spending lifestyle.

It is week 5 for us and we have paid off a $4,600 debt that was not due until next year.  That means an additional $379 for the next debt.  We no longer carry cash and while we don't brag about our indebtedness, we are more forthcoming about saying, "Sorry, we would love to come, but we are really trying to pay off debt".  (This was for a Bon Jovi concert.  The tickets were free, but gas/parking and supper would have cost $150.00).  This new discipline is not for the faint-hearted, because sometimes it is really hard to tell your kids (for example).  No, we can't afford this.  But, we round it out by shooting hoops or watching movies together.

Good luck and God bless!

Denny & Beth S.
Sylvania, OH

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

Well the real reason I got into TDTW system was one day I got up on a Monday and said to my self there has to be a better way than just work get paid , then pay bills. Because it seemed like after I paid bills there was nothing left over for anything, Being in construction I'm not guaranteed a forty hour work week my job depends on the weather and the market .So when I was short for bills I would just go further into debt with the credit cards my big liability.

I have learned know where my money has been going and where I had some leaks. I also can see know how to get out of this so called rat race. I just feel so relieved that there is a reason to go to work now knowing that I have a purpose to do so. When I think about it I get so mad at myself for not doing anything about it earlier. I can see my debit elimination date so clear I can almost taste it, which is by the way October 2013. I really can't wait, because then I know it will get really exciting then. To get rid of 163,186.00 debt and start using my money for me.

I really like the cash flow chart that in alone has made me fully aware of the way I've been not seeing where I really stand with my debits. I have noticed that I take longer looking at things now before I buy them or not usually not. I really enjoy the meetings with my coach he has helped my enormously and my hats off to him for being so helpful. I really enjoy learning about different ways to create more cash flow. And reading some of the books,like millionaire next door, Rich Dad poor Dad,I would like to add one more thing since I started, my total liabilities have gone from 161,782.00 to 150,699.00 that is a 11,083. Difference this is just since I have started just four months ago.

Thanks so very much John Cummuta.

Dennis O.
Rochelle, IL

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

Yes! We are excited to know that we were not that far off from a financial and retirement perspective; a little late joining, but were in the ball game. After talking with our coach for the last 6 to 7 weeks, it has been a real blessing. Going through the process of much reading; approaching money, the thought of having money, how you get money, this has broadened our thought process and we view things now from a different perspective. We are yet identifying other areas to cut back spending, locating our accelerator margin, various types of investments for retirement and to be come Debt Free within 8 to 9 years this sounds really good and it is within our near future.

You often hear people say, get out of Debt. Easier said than done, until someone takes you by the hand, its just a catchy phrase. Thank you for the excellent support system and we look forward to completing the program.

Selwyn S.
Chesapeake, VA

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.