AMG Consulting
Financial Coaching

 

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Why I Do What I do

I have a heart to help people. Seeing this great need that we have in our country has propelled me to take action and try to help other people get out of the mess our country has put us in. People all around are hurting, and finances are a major pain point for many families and individuals. If I can play even a small part in helping people gain some hope and relief in this area of their lives, I will feel very satisfied. 

 Financial Stress is affecting nearly 7 out of 10 people in America today. 

If this sounds like you, that just means you are normal. Unfortunately, normal in America means broke.  Normal is living paycheck to paycheck, having little or no savings, feeling overwhelmed by debt payments, and really, just having an overall feeling of hopelessness regarding your financial situation.

 

There is GOOD NEWS! IT DOESN'T HAVE TO BE THIS WAY! 

 

I am here to provide you with competent budgeting services, educated and judgment-free finacnial coaching to help you get ahead. I will walk with you through a plan so that we can reduce debt and gain freedom by implementing proven debt reduction plans! As someone who has personally lived this plan, I am a living testimony that it works!
 

If you are tired of living under constant stress because of money issues, I'd love to talk with you about how I can help you gain peace of mind in your financial life. 

What is Financial Coaching?

As a Financial Coach, my number one goal is to help my clients win with money. This can mean something different to each individual. My training has helped me gain immense knowledge in several key areas relating to personal finance. Including: Debt management, Savings goals, retirement & estate planning, foreclosure & reposession avoidance, home purchase preperation, student loan repayment and more! 

 

To find out if I can help you, here are a few questions to ask yourself:

 

  1. 1. Do I have clear goals regarding my financial future?
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  • 2. Do I have a budget that actually works and that I can stick to?
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  • 3. Am I able to comfortably pay all of my bills on time,  every month?
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  • 4. Am I comfortable with what will happen to my family financially if I were to die?
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  • 5. Do I have a plan to pay off my debt?
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  • 6. Could I cover a $500 unexpected expense without relying on credit cards or loans?


If you answered "No" to any of these questions, a good financial coach could really help! I am confident that I can help you get where you want to go by helping you get on a PROVEN PLAN so that you can WIN with money. Whether you make $30,000 a year or $100,000+ THIS PLAN WORKS.

 

My Story

Personal Image of myself
Ramsey Financial Master Coach

I Get It... I've Been There...

My name is Austin Garcia, If you are looking for perfection, you won't find it here. I have made so many bad financial decisions in my life that I am simply not proud of. Like most people, I was never taught a proper way to budget or handle my finances. Growing up money was not a subject often talked about and when it was, it was for all the wrong reasons. As I grew up and had to begin making my own financial decisions, I have made my share of bad ones. From credit cards to car loans I have been there. At about 25 years old, I had my "dream car", an almost-new 2017 Dodge Charger. The car was beautiful and I absolutely LOVED it. It was fun to drive and gave me a sense of pride. I had worked hard to build my credit and I felt I "deserved" a nice car. My love for the car began to change a little bit when I lost a job and the $500+ a month the car was costing me was causing me to not know how I would even get all the bills paid. Suddenly that beautiful car was the focal point of my stress and problems. Was I going to feed my family and keep the lights on, or drive a car that I really liked? This is what I call my "I've had it" moment. It was around this time I was introduced to the Dave Ramsey plan and I began to get serious about taking control of my finances. I traded in that nice red 2017 Dodge Charger for a plain white Chrysler Mini-Van. Talk about an ego killer. My debt instantly went from $23,000 to a much more manageable $6,000 though. By following the plan, I was able to quickly get the van and our credit cards paid off. Just over a year had passed since my "I've had it" moment of not knowing how I'd put food on the table, and I was completely DEBT FREE and feeling so much relief. Fast forward to where we are today, I was able to go back to school and cashflow my way through. By the grace of God, my family is still debt-free, we have a fully funded emergency fund, and we have started investing for our future. You can do it too!   

Title: Why the Debt Snowball Method is Your Ticket to Financial Freedom

 

Introduction:


Debt can feel like a crushing weight, looming over your financial future and limiting your opportunities. Whether it's student loans, credit card debt, or medical bills, being in debt can be stressful and overwhelming. However, there's hope! With the right debt payoff strategy, you can take control of your finances and work towards a debt-free life. In this blog post, we'll explore various debt payoff methods and explain why the debt snowball method stands out as an effective and empowering approach to achieving financial freedom.

 

Understanding Debt Payoff Methods:


Before diving into the specifics of the debt snowball method, let's briefly review some common debt payoff strategies:

 

1. Debt Avalanche Method: This method involves paying off debts with the highest interest rates first while making minimum payments on other debts. By targeting high-interest debts, you can minimize the amount of interest you pay over time.

 

2. Debt Snowball Method: With this approach, you focus on paying off the smallest debts first while making minimum payments on larger debts. Once the smallest debt is paid off, you roll the payment you were making on that debt into paying off the next smallest debt, creating a "snowball" effect.

 

3. Debt Consolidation: This involves combining multiple debts into a single loan with a lower interest rate, making it easier to manage and potentially saving money on interest payments.

 

4. Debt Settlement: In some cases, you may negotiate with creditors to settle your debts for less than the full amount owed. While this can provide relief from debt, it may also have negative consequences for your credit score.

Each of these methods has its pros and cons, but the debt snowball method offers unique advantages that make it an appealing option for many people.

 

The Power of the Debt Snowball Method:


So, why do I prefer the debt snowball method? Here are several reasons:

 

1. Psychological Momentum: One of the most significant benefits of the debt snowball method is its focus on small wins. By tackling the smallest debts first, you experience a sense of accomplishment and momentum that motivates you to keep going. This psychological boost can be incredibly powerful and can help you stay committed to your debt payoff journey.

 

2. Simplicity and Clarity: Unlike the debt avalanche method, which requires prioritizing debts based on interest rates, the debt snowball method is straightforward. You simply list your debts from smallest to largest and focus on paying them off in that order. This simplicity makes it easier to stick to the plan and eliminates the need for complex calculations.

 

3. Quick Wins: By prioritizing small debts, you can eliminate them relatively quickly. This provides immediate relief and frees up extra money that can be put towards paying off larger debts later on. These quick wins keep you motivated and demonstrate that progress is possible, even if your debt feels insurmountable.

 

4. Behavioral Change: The debt snowball method encourages positive financial habits and reinforces the importance of consistent debt repayment. As you see your debts decrease over time, you'll likely become more mindful of your spending habits and more disciplined in managing your finances.

 

Conclusion:
At AMG Consulting, we understand the challenges that come with managing debt and striving for financial freedom. As someone who has personally experienced the transformative power of the debt snowball method, I am passionate about helping others achieve their financial goals. By implementing this proven debt payoff strategy and leveraging our expertise at AMG Consulting, you can take control of your finances, overcome debt, and pave the way for a brighter financial future. Don't let debt hold you back any longer – let us guide you on the path to financial success and help you win with money. Reach out to us today and start your journey towards financial freedom!