Get Finance Fit: Your clear path to success A practical approach to - PDF document

7/09/2018 Get Finance Fit: Your clear path to success A practical approach to build your financial foundation DISCLAIMER The material shown in this presentation is for general information purposes only . It is not intended to be, nor should it be read as specific personal investment or risk advice. Whilst all care is taken in the preparation of this material no warranty is given with respect to the information provided, and accordingly no responsibility for errors or omissions, including responsibility to any person by reason of negligence is accepted by Plenitude Wealth Pty Ltd or any member or employee of The FinancialLink Group (TFLG). Before acting on any of the information contained in this presentation you should obtain special advice from a specialist investment (risk) professional, which is appropriate to your specific investment or risk needs, objectives and financial situation 1

7/09/2018 What is coming? • Video 1 • Where do you start and what’s the end goal? • Video 2 • Wealth Curve and investment options • Video 3 • Buying property and building a portfolio • Video 4 • Superannuation and why it matters • Video 5 • Bringing it all together Who are we? What do we stand for? • Plenitude Wealth started from an audacious idea • Social Enterprise • Creating a positive impact • The Plenitude Movement • A psyche of giving • Making a difference • Specialists in Structure & Strategy • We are practitioners 2

7/09/2018 A little about myself • My story: from Science to Finance to Fatherhood Video 1 • Video 1 Breakdown: • Your personal relationship with money • Reverse Engineer the Ideal Lifestyle • Financial Goals – Survive, Strive & Thrive • How are you currently tracking? • Budgeting - a thing of the past • Write a bunch of notes!! 3

7/09/2018 What is your relationship with money? • Workbook exercise • Write down 5 things about money • What’s happened in the past? • Do you have positive or negative experiences surrounding money? • What kind of money operator are you? Five kinds of capital movers What’s it all about? • What’s important to you? • What motivates you? • Where do you feel most at home? • If you had a magic wand, what would you do with it? • Knowing your “why” is the key 4

7/09/2018 My Why!? • Freedom • Growth • To never feel financial stress again • Fostering philanthropists • Leave a legacy • Knowing your “why” is the key @andrewdavidcourtney Reverse Engineer – Your Ideal Lifestyle • What’s your version of financial freedom? • Passive income from your assets : • Ability to work more/less hours • Investment portfolio income • More options to pursue what matters most • Solving the financial jigsaw puzzle 5

7/09/2018 What’s your version of Financial Freedom? • To be able to do what I want, when I want, with whomever I want, wherever I want • Are you working towards replacing a portion or all of your income? • Passive income is your key to financial success • An income derived from making your dollars work My definition of FINANCIAL FREEDOM is simple: it is the ability to live the lifestyle you desire without having to work or rely on anyone else for money.” – T. Harv Eker The Three things that slow us down 6

7/09/2018 Where do you start? • Know where you are today – change it for tomorrow • Your current trajectory is the average of the 5 people you’re closest to • Is this what you’re after? Know your numbers 1. Stack the chances in your favour to achieve financial freedom 2. Where are you tracking towards? 3. How can you change it? 1. Yearly changes/additions to enhance your strategy 2. Optimising for the compounding effect 7

7/09/2018 Know the Rules of the Game • Monopoly – what if you weren’t aware that you can build houses and hotels? • Could you possibly win the game? • Did you know that 3 houses in most areas on the Monopoly board provides the best return? • There are hundreds of strategies for every scenario – learn and implement accordingly Create a Dreamline • Lifestyle & Financial Goals • Horizontal timeline – your next 15 years • Where does everything fit? 8

7/09/2018 Cash Flow Management - Capital • Budgeting is a thing of the past • Three basic scenarios: • Nest egg builders • Back to zeros • Too hard baskets Nest Egg Builders 9

7/09/2018 Back to Zeros Too Hard Baskets 10

7/09/2018 Cash Flow Management • Sustainable, reliable & results driven • Portfolio growth – Capital raised • Yearly Holidays • Automated & stress free • Addresses everything Like us on Facebook ;) important Cash Flow Management – Capital • Automated & Systemised • Test & measure to suit your ideals • Adjust accordingly “The decent method you follow is better than the perfect method you quit.” – Timothy Ferris 11

7/09/2018 Ensures the Increase of your Wealth Curve Take your Financial Snapshot • Knowing where you stand • Run your finances like a business • Establish “Point A” to plan for “Point B” 12

7/09/2018 Start with the end in mind • Survive • Strive • Thrive Start with the end in mind Income pa Capital required • Survive $XX,000 x20 ? • Strive $XX0,000 x20 ? • Thrive $XX0,000 x20 ? 13

7/09/2018 Wealth Curve • What does your wealth curve look like? Wealth Tracker 14

7/09/2018 Sheet 1 – Cash Flow Management Planner Sheet 2 – Values Planning 15

7/09/2018 Sheet 3 – Property Cash Flow Assumptions Sheet 4 – Proposed Projections 16

7/09/2018 Sheet 5 – Current Projection Sheet 6 – 15 Year Portfolio Projections 17

7/09/2018 Sheet 7 – Projections & your Wealth Curve The lift off is the hardest • Most people sit on the bottom curve • Strategy is key (lower your taxes) • Measure for success 18

7/09/2018 Take your Financial Snapshot • Where does your money flow? • The everyday person • Ignores their assets • Sees all debt as bad Take your Financial Snapshot • Utilise assets to increase your income • Good debt & paying yourself first • Optimised Cash Flow 19

7/09/2018 Ensures the Increase of your Wealth Curve Wealth Tracker • Our giveaway – Wealth tracker – will be updated as we receive feedback and add new strategies to the mix • Click on the “Wealth Tracker” button underneath this video • Leave your best email address • We’ll send the Wealth Tracker along with a training video on how to use it best 20

7/09/2018 What’s your version of Financial Freedom? • What would you do if money wasn’t an issue? • What cause would you support? • What car would you drive? ;) • Who would you want to help? • Where would you be right now? @andrewdavidcourtney Video 2 How to build a Portfolio • Video 2 – Your Investment Options • Your Money Mentality • Cost of Capital, Risk Free Return, ROI • Inflation can be your enemy • Tax Structures • Building Portfolios • Risk Return Relationship • Risk Profile Questionnaire • Product providers • Investment Philosophy 21

7/09/2018 Q&A • Make sure to: • Get a copy of the Plenitude Wealth Tracker • Click through to the next video when you’re ready • Find this series of videos on our Insights page on www.plenitudewealth.com.au under Get Finance Fit Get Finance Fit: Your clear path to success A practical approach to build your financial foundation 22

7/09/2018 DISCLAIMER The material shown in this presentation is for general information purposes only . It is not intended to be, nor should it be read as specific personal investment or risk advice. Whilst all care is taken in the preparation of this material no warranty is given with respect to the information provided, and accordingly no responsibility for errors or omissions, including responsibility to any person by reason of negligence is accepted by Plenitude Wealth Pty Ltd or any member or employee of The FinancialLink Group (TFLG). Before acting on any of the information contained in this presentation you should obtain special advice from a specialist investment (risk) professional, which is appropriate to your specific investment or risk needs, objectives and financial situation Agenda • Video 1 • Where do you start and what’s the end goal? • Video 2 • Wealth Curve and investment options • Video 3 • Buying property and building a portfolio • Video 4 • Superannuation and why it matters • Video 5 • Bringing it all together 23

7/09/2018 Video 2 • Video 2 – Your Investment Options • Video 1 recap • Cost of Capital, Risk Free Return, ROI • Inflation can be your enemy • Tax Structures • Building Portfolios • Risk Return Relationship • Risk Profile Questionnaire • Product providers • Investment Philosophy What have we covered? • Video 1 Breakdown: • Your personal relationship with money • Reverse Engineer the Ideal Lifestyle • Financial Goals – Survive, Strive & Thrive • How are you currently tracking? • Wealth Tracker • Cash Flow Management System 24

7/09/2018 My Why!? • Freedom • Growth • To never feel financial stress again • Fostering philanthropists • Leave a legacy • Knowing your “why” is the key @andrewdavidcourtney Video 1 Terms • What does your wealth curve look like? • Net Assets • Survive, Strive & Thrive • Tracking your progress • Cash Flow Strategy 25