Savings Wishes In 20s, 30s, And 40s

  • 10,214 views
Uploaded on

iwillteachyoutoberich.com to dominate

iwillteachyoutoberich.com to dominate

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
10,214
On Slideshare
0
From Embeds
0
Number of Embeds
4

Actions

Shares
Downloads
46
Comments
0
Likes
5

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Survey: What do you wish youʼd saved for in your 20s, 30s, and 40s? Ramit Sethi, iwillteachyoutoberich.com http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 2. In 60 seconds you’re going to look at your future self -- and see the money mistakes you’re about to make http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 3. Question #1: What do you wish you’d saved for? http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 4. Key insight: People in their 20s wish they’d saved money to travel http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com Survey responses: 1,545
  • 5. Key insight: People in their 30s wish they’d saved for a house http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com Survey responses: 684
  • 6. Key insight: People in their 40s wish they’d saved for retirement http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com Survey responses: 161
  • 7. Question #2: How much do you FEEL you should have saved by now? http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 8. Key insight: People in their 20s wish they’d saved $10,000 - $25,000 http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 9. Key insight: People in their 30s wish they’d saved more than people in their 20s http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 10. Key insight: People in their 40s wish they’d saved more than people in their 30s http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 11. Question #3: Who do you wish you’d saved for? http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 12. Key insight: People in their 20s wish they’d saved for themselves http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 13. Key insight: People in their 30s wish they’d saved for themselves... but twice as many wish they’d saved for their spouse/partner http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 14. Key insight: People in their 40s wish they’d saved for themselves... but now the #2 wish is saving for kids http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 15. Analysis http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 16. 20s 30s 40s Your #1 wish is to House down Travel Retirement have money for... payment You wish you’d • $50,000 - $100,000 $10,000 - $25,000 $50,000 - $100,000 • $201,000 - $500,000 saved... You’re saving for... Ourselves (83%) • Yourselves (63%) • Yourselves (55%) • Your partner (21%) • Kids (24%) http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 17. Key takeaways • You’re going to spend a lot in the next 30 years • You will deny it until you become that age like everybody else • If you start planning now, you can dominate others http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 18. Use the 10 Year Savings Plan http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 19. http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com
  • 20. 1. Get off your ass 2. Get I Will Teach You To Be Rich (New York Times bestseller) 3. Dominate Get the book at Amazon.com http://www.iwillteachyoutoberich.com ramit@iwillteachyoutoberich.com