101 Rekindled the Flame of Hope for our Family
101 financial was introduced to my husband Henny Wasson by his golf friend Jay Toleafoa about three years ago in 2011. Jay invited Henny and I to come to a 101 workshop, but a full time job, four children, their homework and activities made it nearly impossible for both of us to attend together. I told Henny “I already know how to budget my money and save, you just have to live within your means, you don’t know where your money is going, and you always read books about getting rich.” To tell you the truth, I thought 101 Financial was another Multi- Level Marketing (MLM) cattle call, but Henny was excited and I thought I’d let him scout it out first.
Around October, 2012, Henny finally attended a 101 workshop because we couldn’t see our finances improve as fast as we wanted, both of us worked and we had passive income coming in, but we were just existing.
Henny decided we must be doing something wrong, we need another perspective, new insight, a different approach because what we’re doing, was obviously not working. Henny signed up for the 99 level. What a blessing, and his first financially sound move I’m thankful for. I wished him luck, because I balanced our bills and I wanted him to pay off his debt first before we made bigger financial decisions.
Jay called me for our financial details and I provided it, but I was brutally honest about our finances, and Jay just listened. I told Jay “if you can get Henny to do 101 and stop him from spending his money foolishly, I will be your best salesperson.” Jay laughed, was very patient, and very understanding because I didn’t know anything about 101.
It took another five months to finally sit down and discuss our finances with Jay. This was around October, 2013. During these five months we added another $80,000.00 to our debt from the solar panels and Henny’s work vehicle. Our first 99 class with Jay took a while because we didn’t do our homework. Three hours long, sorry Jay – so do your homework!
Jay’s next appointment with us however was even better. Not only did Jay show us how fast we could eliminate debt, and leverage our hard earned money, but projected where we could be financially if we followed the 101 plan. How can we explain the joy of realizing that we could pay off our debts and actually be alive to see our mortgage paid off before leaving this world? 101 rekindled the flame of hope for our family, a better future, to spend quality time with our growing family because of financial freedom.
In November, 2013, we finally jumped onto the 101 financial system and paid off $17,000 of debt within the first month! This woke us up fast. We were not using our income’s full potential to pay off our debts and minimize the interest monsters.
Like all Hawai’i families, work, activities, and life kept us busy. We finally sat down together as husband and wife analyzing our finances, one team, one goal to freedom and happiness. This was the time to make drastic changes and decisions that would make life a lot better because our kids are getting older and we’re examples for them. Today, we are working together and budgeting is our first priority, and we are not living pay check to pay check.
I told Henny the only way we can fail is if we don’t follow the system. The system works if you work at it. Yes, it takes dedication and determination, it’s not easy and it’s a work in progress, but paying bills is so much easier and less stressful now.
Once again, thank you Alan for sharing this plan, we will be forever grateful for this financial freedom you’ve created for the local people of Hawaii. This is why Henny and I became instructors. We care about our friends and family, and we would like to help them find financial hope we found with 101 and feel what we feel today. My only regret is not doing this sooner, but again I wouldn’t have the experience and struggle to make this work. Like the saying goes, “Timing is everything.” Right now is the right time, our economy is not getting better and our children and our debts only get bigger, if we don’t do anything about it.
To this date August, 2014, we have paid off $58,000. Set your goals and go for it. Nothing is too big to accomplish. Put it out there and you will achieve whatever you can dream.