Welcome to Week 4 of the 12-week DEBT DESTROYER Challenge!

You can utilize the Debt DestroyerWk4 Workbook to track your progress, complete activities, and learn more about the topics we cover each week. Access the manual HERE.

Your assignments are detailed below.

  • Day 1: watch the videos and complete the Mindset exercises.
  • Days 2-5: Commit a minimum of 20 minutes acting on your daily spend offenses and positive influxes.
  • 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: Dealing with the Devil

After watching the lesson videos for this week, pull up your Obligation Hitlist on page 7 of your Debt Destroyer Workbook, your notebook or the “Debt Destroyer Tools and Templates” spreadsheet. Prioritize the urgency based on Time to Pay Off (using minimum balances), Value (balance), and Interest Rate.

  • If you can pay off quickly, Green Light!
  • If the value is low, Green Light!
  • If the Rate is high, Green Light!

When complete, reflect on any negative feelings associated with a particular obligation. Prioritizing the destruction of this obligation may not be the most direct path to total destruction, but the #Win is key in sustaining your drive to abundance.

Choose one obligation, call customer service, and negotiate a new rate.

Assignment: Call one vendor and negotiate a better rate. Points are awarded for doing, not success. Just pick up the phone and give them the opportunity to say “yes.”

Proof pic: Upload a photo of you on the phone, or a recording of the hold muzak you will inevitably suffer through (or enjoy…) and upload to your fire team channel.

Assignment 2: Expand the Wedge – Transportation

In this exercise we will go deeper into your Transportation spend. On a fresh sheet of paper, the Debt Destroyer Wk4 Workbook, or the “Debt Destroyer Tools and Templates” spreadsheet (see “Expanding the Wedge” tab), write the title “Expand the Wedge – Transportation” and write out the total expense from the “Taking Stock” exercise. Expand out the total and itemize the spend.

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)

Take a blank sheet and title it “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:

  • Renegotiate an interest rate
  • Enjoy doing a home improvement project yourself
  • Try public transit or rideshare

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

Positive Influx Examples:

  • Expand your skillset with free learning offered by your company
  • Increase your rates
  • Submit an “Unclaimed Property” request with the State

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 actions.

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: Go for a 10+ mile bike ride
Special op #2: Cook some wild game on the grill
Special op #3: Have a picnic with your family


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 Wednesday 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.

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