UNIT 1:

Welcome and thank you for your purchase of this course.  

The purpose of this online course is to teach you what our school systems and the corporate world have failed to do.  I suspect many of you are in a similar situation of tired of being stuck in the failing middle class. It’s a true statement that the rich get richer, and the poor get poorer.  

My financial background includes being a commercial credit analyst at a large regional bank, an analyst at a multi-billionaire dollar global investment firm, and working at the Pentagon helping to budget billions of dollars to help our great service members accomplish their mission.  

Often referred to as "Debt Snowball" or sometimes "Debt Stacking", both terms are synonymous.  These strategies are approaches that I learned the hard way. Having graduated high school just before the dot-com crash, I was educated by society and banks that I needed credit cards to build debt.  With credit, you cannot make it in this world. With the lure of easy purchasing and simple payment plans, I quickly found myself caught in a web of debt.

With no help in sight, it led me down a painful path that eventually led me to study and understanding finance.  Later with my experience and research, I quickly learned that we are slaves to the financial institutions from mortgages to student loan debt.  How can anyone achieve financial freedom when they cannot escape the web of lies and debt? The insight and purpose to help the middle class, led me to start my website DollarOtter.com which aims to help families “Achieve Financial Freedom”.  That is the sole purpose and mission. Join me on this journey as we dive into this material!

Nick | Dollar Otter