Prosper Inc. provides “clear direction” for Massachusetts Woman
Kendra B. of Springfield, Mass. recently enrolled in our Finance program and is excited about where she is going.
For the past few years I have been doing a lot of reading about personal finance and everyone seems to have their own ideas of what is most important. David Bach’s Automatic Millionaire and Smart Women Finish Rich made a lot of sense to me, but then there was Dave Ramsey, Suze Ormon, Robert Kiyosaki and others.
Because of this I found it very difficult to decide what I should focus on first. Should I build my emergency fund first or pay off debt? Should I fund my 401k or wait until I have paid off my debt and have 3 to 6 months of savings?
One day I received an invitation to learn more about the Finish Rich Coaching Program from Prosper and I immediately wanted to find out more information. I was assigned my coach and together we worked on a financial plan that was right for me and my individual needs and circumstances.
Since joining the coaching program and taking part in the webinars, homework and conference calls, I now have clear direction on what I need to do first. I have been able to think about my dream and goals and give them dates of when I plan to achieve them.
Prior to the program I couldn’t see any further than just my debt. I learned that my net worth was a negative amount and that was really troubling. I also learned that I clearly need to rethink how I spend money and how to prioritize my spending by what is important to me. So far I have consolidated my credit card balances onto a card with 0% for balance transfers and am working on building up an emergency fund. I am also looking at ways of increasing my income.