6 Figure Savings FAQs
You’ve got questions. We’ve got answers. Read on for the 6 questions that will help you decide if this course is right for you.
1) How does 6 Figure Savings work?
There are 5 course modules that break down the 6 Figure Savings formula. Each module consists of four parts:
Slides + videos where we walk you through the concepts you need to build a solid financial foundation.
A case study from a Factora alum related to that module’s topic.
Activities to complete, which might be a spreadsheet, a worksheet, a form, or a calculator.
An evaluation to make sure that you understood that module before moving on to the next one.
2) Who is it for?
This course is a powerful tool for anyone who struggles with overspending or undersaving. It’s designed for those who know they should be saving more but aren’t and for those who are ready to take control of their finances by establishing a solid savings system. It helps women go from confused about where their money currently goes to clear about where it should go in order to feel financially empowered.
6 Figure Savings is perfect for you if you’re thinking about joining the Wealth Circle because it’ll get your savings to a place where you’ll be ready to invest.
3) How much does it cost?
6 Figure Savings is a $180 investment. Rest assured, most Factora alums who’ve taken it, quickly make that back in savings (automation really is everything). It's a small investment for a big return.
4) What if I’m in debt?
If you’re saving while managing debt, 6 Figure Savings will help you prioritize your debt and decide what to pay down vs. what to save. We won’t give you a one-size-fits-all debt formula because, as we always say, personal finance is just that: personal. However, we WILL give you a debt quadrant to help you analyze your current debt liability and create a game plan for yourself.
5) What’s the time commitment?
It takes about 10 hours total to complete, activities and homework included. However, you can complete this at your own pace, so you can take as much time as you need.
6) How is this different than the Wealth Circle?
In short, 6 Figure Savings will teach you how to become a great saver while the Wealth Circle will teach you how to become a confident investor.
Specifically, 6 Figure Savings helps you solidify the first step to building wealth: aligning your spending, automating your savings, and funding an emergency account.
The Wealth Circle is for people who have these fundamentals down and are looking take it to the next level by: investing in the 3 asset classes (stock market, real estate & business) to grow their net worth, setting up passive income streams, and solidifying their investment strategies.