p2 s before videos_1
TRANSCRIPT
If you are like me,There are 2 objectives we wake up
with everyday…
If you are like me,There are 2 objectives we wake up
with everyday…
CURRENT LIFESTYLE To create enough income to support your current l ifestyle while you’re sti ll working
#1
If you are like me,There are 2 objectives we wake up
with everyday…
CURRENT LIFESTYLE To create enough income to support your current l ifestyle while you’re sti ll working
FUTURE LIFESTYLETo simultaneously save and invest enough money, in order to l ive on the interest and profi ts from your assets, when you stop working and reti re
#1
#2
However, there are 4 obstacles that keep us from reaching our 2
objectives…
1. Infl ati on & Limited Income
However, there are 4 obstacles that keep us from reaching our 2
objectives…
1. Infl ati on & Limited Income
2. High Taxes
However, there are 4 obstacles that keep us from reaching our 2
objectives…
1. Infl ati on & Limited Income
2. High Taxes
3. High Debt
However, there are 4 obstacles that keep us from reaching our 2
objectives…
1. Infl ati on & Limited Income
2. High Taxes
3. High Debt
4. Lack of Financial Knowledge
However, there are 4 obstacles that keep us from reaching our 2
objectives…
1. Inflation & Limited Income
Most people think that earning more money will solve their financial problems.
1. Inflation & Limited Income
Most people think that earning more money will solve their financial problems. Realistically, if you are getting a 3% raise
INCOME
3%
1. Inflation & Limited Income
Most people think that earning more money will solve their financial problems. Realistically, if you are getting a 3% raise and inflation is
increasing by 6%
INCOME INFLATION
3%
6+%
1. Inflation & Limited Income
Most people think that earning more money will solve their financial problems. Realistically, if you are getting a 3% raise and inflation is
increasing by 6%, you will never get ahead!
INCOME INFLATION
3%
6+%
1. Inflation & Limited Income
Most people think that earning more money will solve their financial problems. Realistically, if you are getting a 3% raise and inflation is
increasing by 6%, you will never get ahead!
The Dollar You Earn Today, Is Worth Less Tomorrow
INCOME INFLATION
3%
6+%
2. High Taxes
For most W2 earners, their biggest household expense is …
2. High Taxes
For most W2 earners, their biggest household expense is …
TAXES
2. High Taxes
For most W2 earners, their biggest household expense is …
TAXES 1/3 to 1/2 of Your
Income=
2. High Taxes
For most W2 earners, their biggest household expense is …
• Income Tax• Payroll Tax• State Tax• Sales Tax
TAXES 1/3 to 1/2 of Your
Income=
2. High Taxes
For most W2 earners, their biggest household expense is …
• Income Tax• Payroll Tax• State Tax• Sales Tax
• Property Tax• Estate Tax• Capital Gains Tax• Consumption Tax
TAXES 1/3 to 1/2 of Your
Income=
2. High Taxes
For most W2 earners, their biggest household expense is …
• Income Tax• Payroll Tax• State Tax• Sales Tax
• Property Tax• Estate Tax• Capital Gains Tax• Consumption Tax
TAXES 1/3 to 1/2 of Your
Income=
3. High DebtMost people cope with the challenge of limited income, inflation, and losing 1/3 of their income to taxes by trying to make up the difference and swiping
their credit cards which creates high interest consumer debt…
3. High DebtMost people cope with the challenge of limited income, inflation, and losing 1/3 of their income to taxes by trying to make up the difference and swiping
their credit cards which creates high interest consumer debt…
I want to buy this computer and the Cash price is $500
3. High DebtMost people cope with the challenge of limited income, inflation, and losing 1/3 of their income to taxes by trying to make up the difference and swiping
their credit cards which creates high interest consumer debt…
CASHI want to buy this computer and the Cash price is $500
CREDITAfter minimum payments &
interest – You bought the computer 3 times!
Credit price $1,500 +
3. High DebtMost people cope with the challenge of limited income, inflation, and losing 1/3 of their income to taxes by trying to make up the difference and swiping
their credit cards which creates high interest consumer debt…
Your lack of money is costing you money!
CASHI want to buy this computer and the Cash price is $500
CREDITAfter minimum payments &
interest – You bought the computer 3 times!
Credit price $1,500 +
The Banks & Credit Card Companies are making Billions of Dollars by investing your money instead of you!
3. High DebtMost people cope with the challenge of limited income, inflation, and losing 1/3 of their income to taxes by trying to make up the difference and swiping
their credit cards which creates high interest consumer debt…
Your lack of money is costing you money!
CASHI want to buy this computer and the Cash price is $500
CREDITAfter minimum payments &
interest – You bought the computer 3 times!
Credit price $1,500 +
The Banks & Credit Card Companies are making Billions of Dollars by investing your money instead of you!
This “Buy Now, Pay Later” trend needs to
3. High DebtMost people cope with the challenge of limited income, inflation, and losing 1/3 of their income to taxes by trying to make up the difference and swiping
their credit cards which creates high interest consumer debt…
Your lack of money is costing you money!
CASHI want to buy this computer and the Cash price is $500
CREDITAfter minimum payments &
interest – You bought the computer 3 times!
Credit price $1,500 +
4. Lack of Financial KnowledgeThree ways to get paid:
4. Lack of Financial Knowledge
W2 EMPLOYEES
1099BUSINESSOWNERS
INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
Most W2 EMPLOYEES
1099BUSINESSOWNERS
INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
Most W2 EMPLOYEES
1099BUSINESSOWNERS
INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
Most W2 EMPLOYEES
Tax Rate 15% - 23%
Most 1099BUSINESSOWNERS
INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
Most W2 EMPLOYEES
Tax Rate 15% - 23%
In Summary: #1 My business works
#2 - I spend fi rst#3 - I pay taxes on
what ’s left
Most 1099BUSINESSOWNERS
INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
Most W2 EMPLOYEES
Tax Rate 15% - 23%
In Summary: #1 My business works
#2 - I spend fi rst#3 - I pay taxes on
what ’s left
Most 1099BUSINESSOWNERS
Tax Rate 10% - 15%
Most INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
Most W2 EMPLOYEES
Tax Rate 15% - 23%
In Summary: #1 My business works
#2 - I spend fi rst#3 - I pay taxes on
what ’s left
Most 1099BUSINESSOWNERS
Tax Rate 10% - 15%
In Summary: #1 – My money works
#2 – My money reinvests#3 – My money is taxed
Most INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
I ’m Taxed Most
Most W2 EMPLOYEES
Tax Rate 15% - 23%
In Summary: #1 My business works
#2 - I spend fi rst#3 - I pay taxes on
what ’s left
I ’m Taxed Less
Most 1099BUSINESSOWNERS
Tax Rate 10% - 15%
In Summary: #1 – My money works
#2 – My money reinvests#3 – My money is taxed
I ’m Taxed Least
Most INVESTORS
Three ways to get paid:
4. Lack of Financial Knowledge
Most W2 EMPLOYEES
Most 1099BUSINESSOWNERS
Most INVESTORS
Three ways to get paid:
Most people choose to be a W2 employee not knowing that there are better options!
Tax Rate 28% - 33%
In Summary: #1 - I work
#2 - I pay taxes fi rst#3 - I spend what ’s left
I ’m Taxed Most
Tax Rate 15% - 23%
In Summary: #1 My business works
#2 - I spend fi rst#3 - I pay taxes on
what ’s left
I ’m Taxed Less
Tax Rate 10% - 15%
In Summary: #1 – My money works
#2 – My money reinvests#3 – My money is taxed
I ’m Taxed Least
A Better OptionIf you believe everything you just saw pertains to you, then you need to “Shift your income” by becoming a 1099 BUSINESS OWNER to take advantage of the
available tax benefits not afforded to most W2 employees!
A Better OptionIf you believe everything you just saw pertains to you, then you need to “Shift your income” by becoming a 1099 BUSINESS OWNER to take advantage of the
available tax benefits not afforded to most W2 employees!
% Home office
% Utilities
% Mileage
% Meals
% Entertainment
% Travel
% Internet
% Phones
% Supplies
% Equipment
A Better OptionIf you believe everything you just saw pertains to you, then you need to “Shift your income” by becoming a 1099 BUSINESS OWNER to take advantage of the
available tax benefits not afforded to most W2 employees!
% Home office
% Utilities
% Mileage
% Meals
% Entertainment
% Travel
% Internet
% Phones
% Supplies
% Equipment
A Better OptionIf you believe everything you just saw pertains to you, then you need to “Shift your income” by becoming a 1099 BUSINESS OWNER to take advantage of the
available tax benefits not afforded to most W2 employees!
% Home office
% Utilities
% Mileage
% Meals
% Entertainment
% Travel
% Internet
% Phones
% Supplies
% Equipment
* Consult your CPA for more informationMost of these are tax deductible if you are a 1099 business owner
A Better OptionIf you believe everything you just saw pertains to you, then you need to “Shift your income” by becoming a 1099 BUSINESS OWNER to take advantage of the
available tax benefits not afforded to most W2 employees!
Let me show you a business where you can get Paid 2 Save!
% Home office
% Utilities
% Mileage
% Meals
% Entertainment
% Travel
% Internet
% Phones
% Supplies
% Equipment
* Consult your CPA for more informationMost of these are tax deductible if you are a 1099 business owner
THE END
GO TO STEP 2
*This is the LAST slide of this presentation.