Episode 3 – How I paid off over $100K of debt thanks to the CMA designation

CMA Designation - CMA Exam Academy
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Would you believe that the CMA designation helped me pay off $100K of debt? Yes, it did.

Read Full Transcript of this Episode

Hello CMA Candidates, welcome to another episode of the Free CMA Exam Mastery Course. Thank you so much for joining me today. And in case you didn’t know, I have a present for you. Go to cmaexamacademy.com/guide to download your free copy of my book The Ultimate Guide to the CMA Exam. It sells for $27 on my website but you can get it for free today. Use coupon code Podcast at checkout to claim a 100% discount. There’s no catch but it’s only available to the first 100 listeners who take action today.

In this episode I’d like to give you the backstory as to how I ended up creating cmacoach.com and cmaexamacademy.com

Over Three years ago, on Thanksgiving Day (a holiday in the USA), my heart was beating really fast. My hands were very sweaty and I couldn’t stop typing and making last minute design edits to what would become CMACoach.com.

At that time, I had zero experience blogging much less how to run a blog.

I was so nervous...

About doing all this work and potentially never been read by anyone.

About failing to help people realize that they too could become Certified Management Accountants.

I was so nervous because I thought that maybe I wasn’t good enough to help others get certified.

All I knew was that I wanted to help by sharing my strategies to pass the CMA exam. There’s a 65% failing rate and because I passed on my first attempt, I knew I had something worth sharing.

That was it. A simple goal, but a life-changing one.

The Blog Goes Live

So that evening, before my family arrived at my place to feast on a huge turkey, I hit the publish button on my site and CMACoach.com went live.

It’s incredible to think that since that evening over 15,000 CMA candidates have come through my door seeking advice and help to prepare and pass the exam.

I think everyone has a mission in life. Mine is to help people around the world live better and happier lives by helping them earn significantly more and realize their career goals and dreams...

...and the best way I know how to do that is through the CMA designation.


But why am I so passionate about the CMA credential? Let me tell you why

In my mid-twenties, I was over $100,000 in debt.

It was a very stressful and dark time in my life, as you can imagine...

...or perhaps relate to.

I had $50,000 in student loans, over $20,000 in credit card debt, a car loan of $30,000, and...

...on top of that, I had to pay for all of my living expenses just like any other adult.

I was only making $42,000 (pretax) per year as a Staff Accountant at the time, and...

...in Southern California that type of salary barely covers living expenses.

I call it my “Lean Cuisine” years because that’s all I could afford to eat.

But after I got my CMA designation, I began earning 6 figures and my finances and lifestyle totally turned around.

All of my debt was paid off...

I bought a home for the first time in Southern California...

Sold my old car and bought a luxury one...

and now save and invest...

All because I hold the CMA designation.

It was my golden ticket to debt-free paradise!

Becoming a CMA completely changed my financial situation and also changed my life.

I went from drowning in debt and living a super stressful life, to one of empowerment and joy. It feels so good to be debt free!

This is why I’m so passionate about helping you pass the exam, because I know first hand the benefits it’ll bring to your life.

But what I want to know is....

...are you in debt?...

Or perhaps looking to make more money to better your lifestyle?

Or looking for an edge at work by upgrading your current skills or bridge a knowledge gap?

The CMA designation may not be the answer to all of your needs, but it can absolutely get you closer to where you want to be, faster.

I’m proof of that!

It only takes 6 months to prepare and pass the exam...

...but a lifetime to enjoy its benefits.

Which path will you choose?

It’s been over 3 years since I launched my blog, cmacoach.com and I couldn’t be happier.

You make me want to get up in the mornings and find ways to help you pass the exam.

I don’t have a big company or hundreds of employees. I’m just a regular guy in his early 30s looking to help you reach your dreams and this free course is one of many ways I’m doing that.

From the bottom of my heart, I want to thank you for being a faithful subscriber and reader of my blog, and now listener of this podcast show

I’ve gotten to know many of you and forged life-long friendships.

I look forward to continuing serving you for years to come and making you a friend along the way.

This concludes the episode for today.

If you are on your iphone please go to www.cmaexamacademy.com/review and leave a review of the show in iTunes. It’ll mean the world to me and it’ll help the show tremendously.

If you are on an android phone, please go to www.cmaexamacademy.com/stitcher and leave a review there as
well. You’ll help spread the word about the show and help others learn about the CMA designation.

There are a lot more episodes coming soon. If you don’t want to miss any, subscribe to the show in iTunes or in Stitcher to be notified when a new episode is hot off the presses.

Before I sign off, remember to dream big and realize your full potential by becoming a certified management accountant, today.

Until the next episode.


If you have ever studied at college in the United States, spent a little too much on your credit cards or purchased a home or car, then you will probably understand the overwhelm of debt to some extent.

Digging your way out of debt can be daunting, especially if you’re in a low-income job, which is where I found myself…until I earned my CMA.

Find out how earning my CMA designation helped me get out of debt, and how it can help you improve your lifestyle too.

To listen in, just click the play button at the top of the page, download this in iTunes or listen on Stitcher.

Like what you hear? Give us a 5-star rating or leave a review!

Here’s What You’ll Learn in this Week’s Episode:

  • A sneak peek into the launch of CMACoach.com
  • The underbelly of debt and the realities of poor paying jobs
  • How earning my CMA designation changed my life


  • CMACoach.com — The most comprehensive online resource for CMAs
  • The Ultimate Guide to the CMA Exam — Find out how to get a FREE download
  • CMAExamAcademy.com — My top-rated Instructor-led CMA review course

Like what you heard? Be sure to share it with your friends, family or coworkers and join me for brand new episodes every week.




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  1. Pingback: My CMA Review Course Study Secrets - How I Passed the CMA Exam

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