This is basically a multi-level marketing scheme This is basically a multi-level marketing scheme. We paid 101 Financial $4k to basically give us a spreadsheet to keep track of our income and expense (nothing groundbreaking) and to tell us about a personal line of credit and a home equity line of credit (HELCO). They talked us into putting our ENTIRE mortgage into a HELOC and it wasn't until we went through the lengthy process of paperwork and appraisal, that we sat down at the bank officer's desk and he told us it was only locked in at 3% for 3 years then we had to find another HELOC because the interest rate would skyrocket! We were locked into a mortgage with Wells Fargo in 2020 at 3% for 30 years and now we are facing refinancing our HELOC next year when the interest rates are nowhere near 3%! Major mistake. We should have stuck with our conventional mortgage with Wells Fargo. Our rep at 101 Financial said we would pay off our house much faster if we put it all in a HELOC because more of our payments go towards the principal (not entirely true). Well that might have worked for her, but not for us. The 101 Financial system is very complex and entangling. They preach a one-size-fits-all program for managing your money which is just not reality. We deeply regret making this decision and have not made any headway on our original loan balance bc 101 also said to use credit cards for daily expenses, then pay it off monthly using our income and checking account that is tied into the HELOC, using the HELOC as overdraft protection. It is basically a complete mess to manage. When I told our 101 rep that this is not working for us, she said "Yeah you might have to go back to the old way of banking. It doesn't work for everyone." We paid her $4k for this?!? She offered no guidance or support and just blew us off. I feel very taken advantage of and am now seeking help from a REAL trained money coach with an MBA in finance to get us untangled from this 101 mess. 101 'coaches' are not trained in finances, they are only trained in the 101 system and get paid for everyone who they recruit to get trained under them = pyramid scheme. Whatever you do - don't put your entire mortgage in a HELOC! You can learn about personal lines of credit and HELOCs for FREE on your own and use any basic app or spreadsheet to see what is your income and expense. Don't get taken for a ride by this 101 scam!

𝑻𝑹𝑨𝑫𝑬𝑹𝑬𝑻𝑹𝑰𝑬𝑽𝑨 𝑳 •𝑶𝑹 𝑮 Good news Criminals!!! Contact the team or the website written in my profile name for a refund now!I was scammed but successfully got a refund of £140k

Growth Mindset This financial education company has given us hope in that there really is a path to achieve our big scary financial goals. The workshops, the instructors, and attending the 101 University has helped me stay motivated, maintain a growth mindset and stay focused. The courses are designed so that you can take responsibility for your past financial mistakes and plow forward in eliminating debt and making better financial decisions. I am very grateful for the people who introduced this program to us. The education I received has opened my eyes on the many opportunities I have to be able to invest in our future as well as enjoy living in the present.

101Financial Wellness & Happiness This program has given us financial knowledge, peace of mind, a better way to handle our finances and goals for the future. We went from struggling to make ends meet and borrowing and creating more debt to do so to paying off $60,000 in six months and planning for our investment future. On top of improving our financial picture, this program has helped to strengthen our marriage, align our goals and relieved so much stress! We’re so glad to have learned from family who took the same path and we’re all in better financial positions today because of 101Financial and the amazing team!

Highly recommend for anyone who wants to level up their financial life! I enrolled in classes for 101 Financial in 2015 and it has helped me and my husband pay off close to 100k in debt! We paid off multiple student loans, credit cards, 2 cars, and helped us pay for our wedding. Our instructor was amazing in guiding us step by step how to utilize smarter banking strategies and is still there for us til today whenever we have financial questions! Highly recommend for anyone wanting to level up their financial life!