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The Beginning Investor Series.           Saving to Build Wealth                     Family Financial Freedom              ...
Training from Saunders Learning Group     Saunders Learning Group provides a variety     of training programs, workshops a...
Topics we will cover:   Building an emergency savings fund.   Setting personal financial goals.   How interest-bearing ...
Your Expectations   What do you hope to get out of this seminar?     Saunders Learning Group, LLC, Andover, KS
Getting Started   Building wealth is like building a brick wall.    Saunders Learning Group, LLC, Andover, KS
Needs and wants    Needs are things you use or require every day.    Wants are things you would love to have but can    ...
Barriers to Saving                 Credit cards                 Debt payments                 Ads for new products such...
Emergency Savings    You can’t build wealth overnight.    A good first goal is a savings account for emergencies.    Mo...
Auto-Pilot Savings                            Set up automatic deposits to a                             savings account....
Easy Money   Money that is easily available is said to be    liquid.Saunders Learning Group, LLC, Andover, KS
Setting Goals   Financial goals are personal benchmarks that    you set for yourself throughout life.      Long term goa...
Dream Your Goals   This activity will help you put an approximate    price tag on your financial goals.      Saunders Lea...
Savings Accounts      Savings accounts are accounts at       financial institutions designed to       keep your money saf...
Interest                       Your bank pays you when you                        leave your money on deposit.           ...
Two Kinds of Interest                                                 Simple                                             ...
Opening an Account        Shop around for good terms        You will need identification (ID)        Initial deposit   ...
Risks and Rewards of Saving                                               As the possibility                             ...
Insured Accounts    Savings accounts and bank CDs that are    insured by the FDIC offer a smaller return    because they a...
Mutual Funds Each investor in a fund shares in the fund’s gains, losses and expenses. Suitable for longer term goals, once...
Uninsured investmentsWhen you purchasean investment fromyour bank it does notmean that yourinvestment isgovernment-insured...
Stock Market Risk   There is no guarantee that stock prices will go     up or that you will make money on stocks.Saunders ...
CD, or Time DepositsCertificates of deposit (CDs) are asafe way to make your money grow. Saunders Learning Group, LLC, And...
CDs - Any downside?    Your money is off limits until the CD matures.    If you cash out a CD before the maturity period...
Avoid ‘callable’ CDs            These are a good deal for the              bank and a bad deal for you.Saunders Learning G...
U.S. Treasury Investments              Include Savings Bonds and               Treasury Bills.Saunders Learning Group, LL...
U.S. Savings Bonds  Interest can vary, but you are always    guaranteed a minimum return.Saunders Learning Group, LLC, And...
Treasury Bills         T-Bills are sold for less than their face          value.         Your profit is the difference b...
T-Bill Example     Buy a $10,000, 26-week T-bill for $9,750.     Hold it for the full 26 weeks.     Your profit will be...
IRAs for retirement savings  Individual retirement accounts (IRAs) are  savings accounts designed to help people  put away...
Tax breaks on IRAsYou are allowed to fund the account with pre-taxincome and take a deduction on contributionsmade during ...
Traditional IRAs    Most taxpayers can set aside up to $5,000     in an IRA.    People over age 50 can deposit $6,000 pe...
Roth IRAs   Roth IRAs are not tax-deferred - you invest    income you have already paid tax on.   All the money you earn...
Employer retirement plans                Employers usually match the funds that                 you contribute to your re...
Saving for education There are a number of special accounts that can help you save for your children’s college educations....
Savings Slogan Activity    Make your slogan       — No more than 15 words.       — Inspirational.       — Persuasive to p...
QuestionsSaunders Learning Group, LLC, Andover, KS
Post Workshop Action Plan        Complete the Post Workshop Action Plan         Saunders Learning Group, LLC, Andover, KS37
Congratulations!    You have completed the Family Financial Freedom seminar on Saving to Build     Wealth!Saunders Learni...
About the Author                                               Floyd Saunders has worked on Wall Street                  ...
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Savings to Build Wealth Seminar

Learn more about how starting with a savings account at a local bank or credit union can put on the path toward building your personal wealth. This seminar covers building a emergency savings fund, setting personal financial goals, and learning how to balance the risks and rewards of investing. You can now view the presentation here, order the Family Financial Freedom book from any of the ebook sites for iPhone, iPad, Kindle, Nook, Kobo reader etc. contact me at floyd.saunders@yahoo.com for a copy of the presentation or more information on how to get seminar materials.

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Savings to Build Wealth Seminar

  1. 1. The Beginning Investor Series. Saving to Build Wealth Family Financial Freedom ‘Banking Basics’ training Saunders Learning Group, LLC
  2. 2. Training from Saunders Learning Group Saunders Learning Group provides a variety of training programs, workshops and seminars targeted to the financial services industry. Programs are available in a wide range of topics, and we are specialists in developing custom programs that are targeted to your needs. Contact the founder, Floyd Saunders at 316-680-6482 or at floyd@floydsaunders.com for more information. Saunders Learning Group, LLC, Andover, KS2
  3. 3. Topics we will cover: Building an emergency savings fund. Setting personal financial goals. How interest-bearing accounts help your money grow. Balancing the risks and rewards of investing. Accounts that help you save for retirement and education. Saunders Learning Group, LLC, Andover, KS
  4. 4. Your Expectations What do you hope to get out of this seminar? Saunders Learning Group, LLC, Andover, KS
  5. 5. Getting Started Building wealth is like building a brick wall. Saunders Learning Group, LLC, Andover, KS
  6. 6. Needs and wants  Needs are things you use or require every day.  Wants are things you would love to have but can live without. Saunders Learning Group, LLC, Andover, KS
  7. 7. Barriers to Saving  Credit cards  Debt payments  Ads for new products such as cars, electronics and clothing. Saunders Learning Group, LLC, Andover, KS
  8. 8. Emergency Savings  You can’t build wealth overnight.  A good first goal is a savings account for emergencies.  Most financial planners say it necessary to have three to six months of earnings tucked away in a savings account for that rainy day (that always seems to come) Saunders Learning Group, LLC, Andover, KS
  9. 9. Auto-Pilot Savings  Set up automatic deposits to a savings account. Saunders Learning Group, LLC, Andover, KS
  10. 10. Easy Money Money that is easily available is said to be liquid.Saunders Learning Group, LLC, Andover, KS
  11. 11. Setting Goals Financial goals are personal benchmarks that you set for yourself throughout life.  Long term goals  Short term goals Saunders Learning Group, LLC, Andover, KS
  12. 12. Dream Your Goals This activity will help you put an approximate price tag on your financial goals. Saunders Learning Group, LLC, Andover, KS
  13. 13. Savings Accounts  Savings accounts are accounts at financial institutions designed to keep your money safe and help it grow.  In exchange for leaving your money on deposit, your bank pays you interest.  Compounding of the interest and deposits help it grow. Saunders Learning Group, LLC, Andover, KS
  14. 14. Interest  Your bank pays you when you leave your money on deposit.  Annual percentage yield (APY): the amount your money would earn in one year.Saunders Learning Group, LLC, Andover, KS
  15. 15. Two Kinds of Interest  Simple  Compound Saunders Learning Group, LLC, Andover, KS
  16. 16. Opening an Account  Shop around for good terms  You will need identification (ID)  Initial deposit Saunders Learning Group, LLC, Andover, KS
  17. 17. Risks and Rewards of Saving  As the possibility of profit goes higher, so does the risk that you might lose your money.Saunders Learning Group, LLC, Andover, KS
  18. 18. Insured Accounts Savings accounts and bank CDs that are insured by the FDIC offer a smaller return because they are safer. Stocks, bonds and mutual funds are not insured. Saunders Learning Group, LLC, Andover, KS
  19. 19. Mutual Funds Each investor in a fund shares in the fund’s gains, losses and expenses. Suitable for longer term goals, once you have a stable financial foundation Saunders Learning Group, LLC, Andover, KS
  20. 20. Uninsured investmentsWhen you purchasean investment fromyour bank it does notmean that yourinvestment isgovernment-insured. Saunders Learning Group, LLC, Andover, KS
  21. 21. Stock Market Risk There is no guarantee that stock prices will go up or that you will make money on stocks.Saunders Learning Group, LLC, Andover, KS
  22. 22. CD, or Time DepositsCertificates of deposit (CDs) are asafe way to make your money grow. Saunders Learning Group, LLC, Andover, KS
  23. 23. CDs - Any downside?  Your money is off limits until the CD matures.  If you cash out a CD before the maturity period ends, you will pay a penalty.Saunders Learning Group, LLC, Andover, KS
  24. 24. Avoid ‘callable’ CDs These are a good deal for the bank and a bad deal for you.Saunders Learning Group, LLC, Andover, KS
  25. 25. U.S. Treasury Investments  Include Savings Bonds and Treasury Bills.Saunders Learning Group, LLC, Andover, KS
  26. 26. U.S. Savings Bonds Interest can vary, but you are always guaranteed a minimum return.Saunders Learning Group, LLC, Andover, KS
  27. 27. Treasury Bills  T-Bills are sold for less than their face value.  Your profit is the difference between the purchase price and the face value.Saunders Learning Group, LLC, Andover, KS
  28. 28. T-Bill Example  Buy a $10,000, 26-week T-bill for $9,750.  Hold it for the full 26 weeks.  Your profit will be $250.  You earned about 2.5% return on your money. Saunders Learning Group, LLC, Andover, KS
  29. 29. IRAs for retirement savings Individual retirement accounts (IRAs) are savings accounts designed to help people put away money for their retirement.Saunders Learning Group, LLC, Andover, KS
  30. 30. Tax breaks on IRAsYou are allowed to fund the account with pre-taxincome and take a deduction on contributionsmade during the the current tax year. Saunders Learning Group, LLC, Andover, KS
  31. 31. Traditional IRAs  Most taxpayers can set aside up to $5,000 in an IRA.  People over age 50 can deposit $6,000 per year.Saunders Learning Group, LLC, Andover, KS
  32. 32. Roth IRAs Roth IRAs are not tax-deferred - you invest income you have already paid tax on. All the money you earn in your Roth IRA is tax-free.Saunders Learning Group, LLC, Andover, KS
  33. 33. Employer retirement plans  Employers usually match the funds that you contribute to your retirement plan at work.  At tax time, you will owe less money. Saunders Learning Group, LLC, Andover, KS
  34. 34. Saving for education There are a number of special accounts that can help you save for your children’s college educations.Saunders Learning Group, LLC, Andover, KS
  35. 35. Savings Slogan Activity  Make your slogan — No more than 15 words. — Inspirational. — Persuasive to people of all ages and all walks of life.Saunders Learning Group, LLC, Andover, KS
  36. 36. QuestionsSaunders Learning Group, LLC, Andover, KS
  37. 37. Post Workshop Action Plan  Complete the Post Workshop Action Plan Saunders Learning Group, LLC, Andover, KS37
  38. 38. Congratulations!  You have completed the Family Financial Freedom seminar on Saving to Build Wealth!Saunders Learning Group, LLC, Andover, KS
  39. 39. About the Author  Floyd Saunders has worked on Wall Street with both Bank of America and JPMorgan, where is was a vice president in global financial systems. He has worked across the industry in retail, commercial, and investment banking.  He has taught courses in Money and Banking and extensively for the American Institute of Banking and various colleges.  As a consultant, he developed and taught a wide range of banking and investing courses.  He authored three programs for the American Bankers Association: Banking on Mutual Funds and Annuities, Introduction to Securities Markets and Investing in Securities.Saunders Learning Group, LLC, Andover, KS date

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