Ari webinar powerpointweb
Upcoming SlideShare
Loading in...5
×
 

Ari webinar powerpointweb

on

  • 301 views

 

Statistics

Views

Total Views
301
Views on SlideShare
301
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Ari webinar powerpointweb Ari webinar powerpointweb Presentation Transcript

    • Unemployment
    • Outsourcing
    • Technology
    College Money System.com Dusty Rollins
  • What is the Problem?
    • Economy
    • Boomers working longer
  • Student Loans
    • About to pass $1,000,000,000,000
    • Last 10 years grew 500% , consumer debt grew 100%
    • Student loan debt greater than credit card balances
    View slide
  • Career and Majors
    • Many students don’t pick marketable majors
    • Just getting the college degree isn’t what it used to be
    • Mc Jobs and heavy debt
    • Law students suing their alma mater for lack of jobs
    View slide
  • Rising Tuition
    • Last 10 years – College costs have gone up right at 100%...
    • What else has inflated this much in 10 years?
  • Cost of Attendance
    • Average Public ---
    • Average Private ---
    • Many times you can go to Private for same out of pocket as Public
    • COA $19,830
    • Bright Futures and Pre Paid ---
    • About $7000 to $8000
    • Where does the other $12,000 per year come from?
    • Bright Futures now requires FAFSA
  • The Question is…
    • Where are you going to get the money?
    • If you have the money to pay,
    • Would you like to know how to save more and not get ripped off by the colleges?
  • Colleges and Government
    • They are not on your side…it’s a business
    • Enrollment Management
    • Inflated value of their degree
    • Recruiting out of state students –bigger tuition
  • Financial Aid
    • Merit
    • Need based
    • Debt
    • Job
  • Expected Family Contribution
    • EFC
    • Parents income and assests
    • Students income and assets
    • Amount above EFC --- lots of debt and job
    • Amount below EFC --- where are you going to get the money and the CashFlow ?
  • Why I do what I do…
    • PARENTS Govt burden, Parental care,
    • Retirement, debt & CashFlow, lifestyle
  • True COA…
    • 5 years to graduate
    • Poor job market, low paying jobs
    • Change major or change schools
  • The BIGGEST single expense in paying for College is…..
    • The IRS…..
    • They are your partner in everything you do!
    • When you pay for college, most people pay with AFTER tax dollars ….
    • If you need to come up with $200,000 for college and you are in a 33% tax bracket.
    • You must earn $266,000 just to pay the $200,000
  • The Second BIGGEST expense in paying for College is….
    • OPPORTUNITY COSTS
    • VERY few financial experts even know about this concept, let alone how to STOP it!!!
    • Every dollar you spend, you never get back. And you lose the dollar and WHAT the dollar could have earned IF you had it invested
  • Credit Cards
    • Credit card balance $10,000
    • Credit card interest rate 18%
    • Investment Rate of Return
  • Opportunity Costs
    • Amount of interest you pay
    • Year 1 20 40
    • $1972 $39,433 $78,866
    • Potential had you been able to invest the Interest
    • $1972 $90,226 $510,767
  • How will you pay for College?
    • And
    • How will you manage the CashFlow?
  • Cash (flow) is King …
    • In business, often CashFlow is more vital to keeping things running than lump sums of money.
    • Wal Mart has BK’d companies because the companies couldn’t keep up with them, CashFlow wise…
    • If you have strong CashFlow, you can survive just about ANYTHING!!!
  • Four Areas we work on with Parents, Grandparents, and Students
    • Student Planning
    • Income Planning
    • Asset Planning
    • CashFlow Planning
  • Student Planning
    • Match the student to career, career to major, major to college….
    • MCP – values based career planning
    • Applywise – structured process for admissions
    • ACT/SAT prep – the right courses
    • Study skills for college – transition from HS to College
  • INCOME PLANNING
    • Financial Aid is income based
    • Taxes have a huge impact on costs
    • Make sure you have your finances structured in the best way to take advantage of all the Financial Aid possibilities…
    • Our strategies work with YOUR tax advisor or you can get a second opinion from ours.
  • ASSET PLANNING
    • If your assets are in the wrong vehicles, they can count against Financial Aid and cost you big bucks!
    • There are legal ways to structure your assets so that you aren’t punished by Financial Aid
  • CASHFLOW PLANNING
    • Pay off debt in half the time, with little change to your lifestyle
    • Save thousands of dollars in interest charges…and remember, when you save a dollar you didn’t have to pay out, you keep the dollar and EVERYTHING that dollar can earn for you….
    • Simple SOFTWARE --- over $3000 value
  • Who can help you with all this?
    • CPA, Financial Advisor -- why haven’t they already helped you figure this out?
    • Guidance Counselor -- they are good people, just over worked and NOT trained in finances
    • Colleges – Enrollment management, award letters appeal
    • Government – Federal loans are driving up the costs of college (bubble just like RE market)
  • Irresistible Offer only for Ari’s friends and clients…
    • One to one coaching process….
    • Fill out a quick survey….then
    • Talk for 1 full hour , with me not an assistant.
    • You get a plan, next steps, and areas to focus
    • CF software ($3000 value!)
  • What You Get…
    • You will get a plan worth much more than the cost…
    • You can’t learn what I know for less than I charge….
    • After we talk, you will see the value and you will know if it is right to go own the next step with me.
  • Start now…
    • DIY --- the more you know, the less you pay
    • 2 paths --- kids 14 and under
    • kids 15 and over
    • The younger your kids, the better it is….
    • It is never too early to come see me and it is NEVER, NEVER too late…
  • Your Money Back!
    • I can show you how to set up a TRUE college savings plan that allows you to pay for college.
    • And then over time, get ALL YOUR MONEY BACK !!!
    • It is not Free, but you get your money back !