a month into a
$350,000 nest egg.
Financial Freedom starts here
This class is brought to you by a 501(c)(3) charity dedicated to your success.
- Nothing to Purchase
- No hidden fees
- No strings attached
Understand the true purpose of a budget and create one tailored to you
Turn $200 monthly into a $350,000 nest egg reliably
Determine how much home you can afford and when to buy
Defeat debt using the two best methods
Invest successfully without stress or market timing
Invest in low-risk options strategies for a 20% annual return with one trade
Save hundreds on groceries and expenses with dozens of tricks
Plan ahead to save $6,800 on a $20,000 car
Combine two government programs to use only $6,500 for a $300,000 house down payment
Explore income-generating side hustles
Transform a pack-a-day habit into $500k for retirement
Discover three surprising facts about rich people
Benefit from 15 years of online business insights
Understand credit scores and use them to your advantage, including repairing bad credit
This isn't just a series of YouTube videos. It's a full-fledged class covering everything you need for financial success.
Engage with quizzes, recommended books, and more for a varied learning experience.
Attend monthly live Q&A sessions with Dave for direct interaction and deeper insights.
Connect with fellow learners, sharing experiences and insights along the way.
Module 1 . 2 Hours to complete
This module provides an overview of the course and the topics that will be covered. You will learn about the importance of financial literacy and how to set financial goals.
Module 2 . 2 Hours to complete
A budget is a powerful tool for managing your money and reaching your financial goals. In this module, you will learn how to create a budget that works for you and track your spending so you can stay on track.
Module 3 . 3 Hours to complete
Debt can be a major financial burden. In this module, you will learn about the different types of debt and how to manage them effectively. You will also develop a plan to pay off debt and improve your credit score.
Module 4 . 2 Hours to complete
A budget is a powerful tool for managing your money and reaching your financial goals. In this module, you will learn how to create a budget that works for you and track your spending so you can stay on track..
Module 5 . 2 Hours to complete
If you're looking for ways to make extra money, this module is for you. You will learn about different side hustles and how to get started. You will also learn how to budget your side hustle income and invest it for the future.
Module 6 . 3 Hours to complete
Compound interest is one of the most powerful forces in investing. In this module, you will learn what compound interest is and how it works. You will also learn how to use compound interest to your advantage to achieve your financial goals.
Module 7 . 3 Hours to complete
Investing is a great way to grow your wealth over time. In this module, you will learn about the different types of investments and how to choose the right ones for you. You will also learn about investment risk and how to manage it.
Module 8 . 2 Hours to complete
Trading can be a risky but rewarding way to make money. In this module, you will learn about the basics of trading and how to get started. You will also learn about different trading strategies and how to manage risk.
Module 9 . 2 Hours to complete
Owning a home is a major financial decision. In this module, you will learn about the different aspects of homeownership, such as buying a home, financing a home, and maintaining a home.
Module 10 . 2 Hours to complete
Uncover the key principles that have guided individuals to achieve their dreams and fulfillment. Discover the habits and mindsets that set successful people apart.
Module 11 . Will be accessible in December
Will be accessible in January, 2024
David Baker is the Executive Director of Endowing People, a non-profit organization that provides families with a guaranteed supplemental income and financial literacy training. He is a Presbyterian minister with over 20 years of experience in rural church ministry, church planting, work with young adults, and redevelopment.
Baker is a Danville, Virginia native, entrepreneur, and investor. He holds a B.A. from William and Mary and an M.Div. from Princeton Theological Seminary. He is currently the lead trainer for Endowing People.
While others might charge you a hefty $1,000 for this transformative information, we believe in a world where financial empowerment should be accessible to all. Having successfully employed the tactics shared in this class to achieve financial independence, we are passionate about extending these tools and knowledge to you.
Are you concerned about financial struggles, uncertain about retirement, and unsure if you'll ever achieve milestones like owning a home or affording college for your kids? If so, this course is designed specifically for individuals facing these challenges.
If the thought of paying a $2000 bill feels daunting, you're not alone. This course is tailored for those who find it challenging to meet financial obligations, a scenario experienced by a significant percentage of Americans.
If the prospect of retirement seems distant or uncertain, this course provides valuable insights and strategies to help you plan for a more secure financial future.
Whether owning a home or affording higher education for your children seems like a distant dream, this course aims to empower you with practical knowledge and actionable steps to turn these aspirations into achievable goals.
Can you tell me what Endowing People meant to you?
What do you hope for now that you didn’t maybe before?
What would you say to someone who is thinking of joining the wait list for Endowing People?
How has your life changed by being involved with Endowing People?
What would you say is the most important thing that you have learnt in the class?
Did you enjoy the class?
According to the National Financial Educators Council, financial literacy is “Possessing the skills and knowledge on financial matters to confidently take effective action that best fulfills an individual’s personal, family and global community goals.” In other words, financial literacy is the ability to manage your money well enough to live the kind of life that you want to live. That may mean taking care of yourself, your family, or your community. Financial literacy training is one process by which people can develop these skills.
The academic literature on the effectiveness of financial literacy training is mixed. Some meta-analyses have found that FLT has little significant effect on financial outcomes (Fernandes, Lynch, Netemeyer (2014)), while others have found that FLT does have significant effects under certain circumstances (Miller, et al. (2015)). Generally studies have found that financial literacy is highly correlated with positive financial behaviors and outcomes, like savings and income, but there are no proven programs or gold standards of training that dramatically improve financial literacy. So Endowing People has created its own program based on the best practices found in the academic literature, and on the experiences of people who have high levels of success managing their own finances.
One of the best practices we employ includes teaching principles or “rules of thumb” rather than facts to be memorized (Drexler et al. (2011)), which is particularly effective for lower income participants. It’s more important for people to learn the principles of financial literacy than all of the details like what sort of mortgage to get. Broad lessons like “spend less than you make” tend to stick better. Another is “just in time” training (Kaiser and Menkhoff’s (2007)), which shows that learning about a skill when you’re about to use it is most effective. For example, many people have had some FLT in high school, but without the opportunity to immediately put the training to use, it’s often forgotten. One major advantage of our program is that we give people money to practice these skills on and a supportive community to share their results with.
Studies have shown (Letkiewicz and Fox (2014)) that people with a high level of confidence in their ability to manage money are also those who most effectively do so. There’s also a very high correlation between people high in contentiousness and positive financial outcomes. Part of our work is to do more to identify those who would best respond to interventions like this one.