Welcome to Week 2 of the 12-week DEBT DESTROYER Challenge!

You can utilize the Debt Destroyer Wk2 Workbook to track your progress, complete activities, and learn more about the topics we cover each week. Access the manual HERE.

  • Days 2-5: Commit a minimum of 20 minutes acting on your daily spend offenses and positive influxes.
  • Day 1: watch the videos and complete the Mindset exercises.
  • Days 6-7: Review your week and DRIVE THE WEDGE.

1. Debt Destroyer Lesson

Watch the overview video plus two assignment videos in Module 1 (approx 20 minutes total) and post a proof pic/screenshot showing the end of the last video. (4 points)


Video 1

Video 2

2. Debt Destroyer Mindset Exercises

(5 points)

Assignment 1: Put Your Money Where Your Values Are

After watching the lesson videos for this week, utilize the Debt Destroyer Wk2 Workbook, a fresh sheet of paper, or you can utilize the “Debt Destroyer Tools and Templates” spreadsheet (see “Value Alignment” tab) to create your “Value Alignment” worksheet. 

On the left hand side, title the column What do I value? and list out your values. You will likely start high level (Family, religion, career, etc.) so continue until you dive deeper.

On the right hand side of the page, title the column What do I spend my money on? and list out your common expenses. Day in, day out; week in, week out. Where is your financial attention directed?

Draw a line linking your expenses to your values. Are there expenses that partially align? Where is the total misalignment? Did your spend analysis uncover values you missed?

Misalignment signals opportunity to free cash flow.

Proof pic: Upload a photo of your “Value Alignment” worksheet (or a quick video flipping through the multiple pages) to your fire team channel.

Assignment 2: Expand the Wedge – Food

In this exercise we will go deeper into your FOOD spend.

On a fresh sheet of paper, the Debt Destroyer Wk2 Workbook, or the “Debt Destroyer Tools and Templates” spreadsheet (see “Expanding the Wedge” tab), write the title “Expand the Wedge – Food” and the total food expense from the “Taking Stock” exercise. Expand out the total and itemize the spend (i.e. If you spend $2,000 on food, what makes that up? List it out and don’t be afraid to estimate, or lump costs).

Identify opportunities to be more intentional in your spend. Using simple calculations, assign a value to any behavioral changes, efficiencies or reductions that you can implement this week.

*Tip – Most banking software will analyze spend on a periodic basis and you can identify the vendors in the description.

Proof pic: Upload a photo or screenshot of your Expand the Wedge sheet to your fire team channel.

Assignment 3: Create your Weekly Attack Plan (5 points)

Using the Debt Destroyer Wk2 Workbook, a fresh sheet of paper, or the “Debt Destroyer Tools and Templates” spreadsheet (see “Basic Weekly Attack Plan” tab), create a “Weekly Attack Plan.”

Draft three (3) Spend Offenses. Leverage the efficiencies, eliminations, and behavioral changes identified in the Value Alignment and Expanding the Wedge exercises, or include any other opportunities to expand your wedge.

Spend Offensive Examples:

  • Read the menu before eating out and make a plan
  • Cancel an unused membership
  • Choose an alternate family outing like a hike or backyard bonfire over going out

Draft three (3) Positive Influxes, hustles, initiatives and easy wins to generate cash inflow.

Positive Influx Examples:

  • Get out of your comfort zone and upsell a client
  • Ask for a raise
  • Expand your resume with a certification

Sum all initiatives to calculate your Estimated Free Cash Flow (FCF) potential.

Proof pic: Post a proof pick of you Weekly Action plan to your fire team channel.

Assignment 4: DAILY Spend Offenses OR Positive Influxes (4 points per day for a max total of 16 points)

For 4 days this week, set your timer for 20 minutes and focus on one (1) Spend Offensive or one (1) Positive Influx. You are not measured by effectiveness, you are simply devoting time and intentionally making bold moves with your money.

Proof pic: Upload a picture of your daily action each day to your fire team channel.

Assignment 5: Review your week and Drive the Wedge (5 points)

At the end of the week, spend some time going back to think about your week.  What worked? What did not? Note your successes and ensure you provide a dollar value.

At the bottom of the sheet, input your Weekly Wedge, your Estimated FCF and Actual Wedge.

Drive the Wedge: Chose an obligation from your Obligation Hit-List and transfer the value of the actual wedge created to the principal balance. This is the single most important step in the entire program.

Proof pic: Post your Weekly Review to your fire team channel.


Make one Bold Move this week to move the needle in any area of your life (For example your health, wealth, relationship, family, work or personal life). It is strongly recommended (though not required) that you make a Bold Move that is directly related to one of your Debt Destruction.

This week only: Update the fitness grader (see Special Op below).

Proof pic: Upload a photo or video of your Bold Move to your fire team channel. (5 points).

If you need more information about the concept of Bold Moves, refer to the 50 BOLD User Manual.


Your Special Ops assignment for this week is to complete ONE of the three Special Ops listed below, and to substantiate by uploading a proof pic or video to your fire team channel. (5 points)

Special op #1: Use your strength to help someone
Special op #2: Get out on the water (canoe, kayak, SUP)
Special op #3: Eat an organ you’ve never tried


Join us Friday at 3 PM Central Time for our weekly Moot. Zoom link and password will be posted in Slack each Friday.

Proof pic: Upload a photo or screenshot of the Moot to show you attended the live Moot or watched the replay (5 points).


Every Friday at 12pm CST we will hold an open Zoom call to work assignments, share wins and see who can bring the worst hold muzak when calling vendors.

This call is not mandatory and you do not need to stay on the entire hour. Just a block of time you can use to focus on destroying your debt. Zoom details will be posted in the 03-debt-destroyer channel.

#Backchannels – One of the most powerful aspects of 50BOLD is the backchannels. Reach out to a Fire Team member or Coach David by DM or phone call if you are struggling. 50BOLD is a tribe and we are here to support each other any time support is needed.

Quick Links:

Debt Destroyer User Manual

Debt Destroyer Scoring Tracker Template

50 BOLD User Manual

For DEBT DESTROYER Support: Send a direct message in Slack to @Coach David Kaiser

For general Third Way Man or 50 BOLD support inquiries, please email

Now go out and Destroy Your Debt, win some points, and put your fire team on the leaderboard.

See you on the Moot!

David Kaiser, 50 BOLD Coach
Third Way Man