Welcome to Week 11 of the 12-week DEBT DESTROYER Challenge!

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 (approx 20 minutes total) and post a proof pic/screenshot showing the end of the last video. (2 points)


Video 1

Video 2

2. Debt Destroyer Mindset Exercises

(5 points)

Assignment 1: Your Biggest Asset

After watching the lesson video on Your Biggest Asset, access the MORTGAGE PAYOFF CALCULATOR to calculate the following three items:

  1. Time and money savings from biweekly payments
    • Update personal mortage info (Amt, term, interest, yrs remaining)
    • Select the Biweekly radio button
    • Calculate
  2. Time and money savings from applying your wedge
    • Update personal mortage info (Amt, term, interest, yrs remaining)
    • Select the “Repayment with extra payments” radio button
    • Input wedge in “Monthly payment”
    • Calculate
  3. Estimated payment to pay off mortgage in your desired time frame (5yrs; 10yrs; 15yrs)
    • Update personal mortage info (Amt, term, interest, yrs remaining)
    • Select the “Repayment with extra payments” radio button
    • Input amount in “Monthly payment”
    • Calculate
    • Increase/decrease amount until your reach desired timeline

You can find the Mortgage Payoff Calculator HERE

Proof pic: Upload a proof pic of your answers to your fire team channel.

Assignment 2: Update Control Panel (5 points)

Note that the Control Panel has now taken over the Weekly Attack Plan.

Recreate OR update your Control Panel

  • If in a spreadsheet – Copy and paste the tab and rename the tab for the week
  • If on paper – Update existing Control Panel, or update on a fresh sheet

The Control Panel template can be found in the Debt Destroyer Tools and Templates here (far right tabs).

Focus on ONE area and spend 15-20 minutes strategizing and updating

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:

  • Set up a bi-weekly payment for a monthly obligation (Mortgage)
  • Open a micro-savings account and build your wedge incrementally. A list of Apps that do this can be found HERE, or you can search your existing bank for programs (An example of Wells Fargo’s offering HERE)
  • Take some advice from Grandma and use coupons

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

Positive Influx Examples:

  • Drop a terrible client that takes 80% or your time for 20% of the income
  • Add one more revision, review or extra push and go an extra 20%
  • Get rid of hobby equipment you never use and sell it online

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

Proof pic: Post a proof pick of you Control Panel action items 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 in the Control Panel 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 activities.

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: Climb a tree
Special Op #2: Race your wife, child, or neighbor
Special Op #3: Replace something old, ugly, or broken


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.

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