Week 12 Homework

This lesson is titled ‘Collection Practices and Credit Bureaus’. This is critical information on how to monitor and improve your financial health. It discusses the laws and practices around credit and collections, and how to safely and efficiently navigate a system that was set up in order to do nothing less than take your money.

The homework for this week is:

1. Read Chapters 9 and 22 in Financial Peace Revisited.

Next week is graduation night, remember to sign up for the potluck. Congrats to everyone who has made it this far!

Also, this week we would like to check our progress as a group (again). Take a moment to look at the questions and send your answer either via email or in person at our next class.

Lastly, we have some additional reading on this subject, if you are interested.

Week 11 Homework

This lesson is titled ‘Careers and Extra Jobs’. It has great information about how to keep your career moving forward and sending your income and happiness in the right direction. There is nothing like an extra job to help trigger that gazelle intensity!

The homework for this week is:

1. Read Chapter 6 in Financial Peace Revisited.
2. Finish the Personality Inventory and Occupational Categories worksheets in the workbook.
3. Work on your personal mission statement worksheet this week.

Also, if you haven’t completed it yet, please read the FPU Progress Check and send us the results.

Lastly, we have some additional reading on this subject, if you are interested.

Week 10 Homework

This lesson is titled ‘Real Estate and Mortgages’, which talks in great detail about how to win with real estate, both as a homeowner and an investor.

The homework for this week is:

1. Read Chapter 13 in Financial Peace Revisited, specifically the section titled ‘Real Estate Bargains and Owner Financing Bonanza’.

Lastly, we have some additional reading on this subject, if you are interested.

FPU Progress Check

At this point in the course we would like to take a progress check to see how the class is progressing, and to report back to the congregation at Oak Hill UMC on how we are doing. Absolutely no individual information will be shared, everything will be aggregated and made completely anonymous. If you could, please answer the following questions for next week’s class, or send them to me via email.

Questions

1. How many loan offers have you turned down? (in dollars and/or number of offers)
2. How much debt have you paid off? (in dollars)
3. How much have you set aside in emergency funds? (in dollars)
4. How much have you put into savings or set aside for planned purchases? (in dollars)
5. How many credit cards have you cut up?
6. Is there anything about your FPU experience that you would like to share with people who haven’t been through the class?
7. Is there anything about your FPU experience that you would like to share with your instructor(s)?

Week 5 Homework

This lesson is titled ‘Dumping Debt’, and discussed a concrete, practical strategy for getting rid of all your debt in a rapid, focused, and responsible manner. If there is one lesson that you need to understand from this course, this is it!

The homework for this week is:

1. Read Chapters 7 and 8 in Financial Peace Revisited.
2. Complete the Credit Card History form on page 120 in your workbook (if applicable).

Lastly, we have some additional reading on this subject, if you are interested.

Week 6 Homework

This lesson is titled ‘Understanding Investments’, and discussed investing in equities, things to do and things to avoid. It focused on empowering you to make informed decisions and take charge of your financial future.

The homework for this week is:

1. Read Chapter 11 in Financial Peace Revisited, specifically the section titled ‘Simple Discipline is the Key’.
2. Read Chapter 12 in Financial Peace Revisited, specifically the section titled ‘Of Mice and Mutual Funds’ and ‘To Load or Not to Load’.
3. Fill out the 2nd column of the Financial Snapshot form. A copy came in your materials, or you can do it at the FPU Member Resource Center. If you do it online, you are entered in a drawing to win an iPod.

Lastly, we have some additional reading on this subject, if you are interested.

Week 7 Homework

This lesson is titled ‘Understanding Insurance’, and taught about the various types of insurance, what to buy and what to avoid as an informed consumer.

The homework for this week is:

1. Read Chapter 11 in Financial Peace Revisited, specifically the ‘Insurance’ section.

Lastly, we have some additional reading on this subject, if you are interested.

Week 8 Homework

This lesson is titled ‘Retirement and College Planning’, and discussed how to understand and properly fund the one or two single biggest expenses of your lifetime. This lesson can be a little daunting, as it requires some calculations and looking at what is required to make your goals happen can be a little depressing (at first). Keep with it, I promise it will be worth it!

The homework for this week is:

1. Read Chapter 12 in Financial Peace Revisited, specifically the section titled ‘Of Mice and Mutual Funds’.
2. Fill out the Monthly College Planning worksheet on page 161 of the workbook (if applicable).

Lastly, we have some additional reading on this subject, if you are interested.

Week 9 Homework

This lesson is titled ‘Buyer Beware’, and discussed debt marketing and the use of sales techniques and gimmicks to influence your buying behavior.

The homework for this week is:

1. Read Chapter 5 in Financial Peace Revisited.
2. Fill out the 3rd column of the Financial Snapshot form. A copy came in your materials, or you can do it at the FPU Member Resource Center. If you do it online, you are entered in a drawing to win an iPod.

Also , this week we would like to check our progress as a group. Take a moment to look at the questions and send your answer either via email or in person at our next class.

Lastly, we have some additional reading on this subject, if you are interested.

Week 4 Homework

This lesson is titled ‘Buying Only Big, Big Bargains’. This is critical information on how to use your money wisely to ensure that you have enough to do the things that you want (and need) to do.

The homework for week 4 is:

1. Read Chapter 13 in Financial Peace Revisited (it came in the kit with your materials, no need to purchase again).
2. Keep working with your the zero-based budgets. Stay flexible and keep making adjustments, it will get better each week.

Lastly, we have some additional reading on this subject, if you are interested.