Ever wonder where you should be putting all your promo money? Let us shed some light for you! http://www.promorockstar.com

1. 10 THINGS TO DO WITH ALL
THAT PROMO MONEY $$$
A PROMO ROCKSTARS PUBLICATION BY EDWIN J. GOITIA
APRIL 2017

2. #1: START AN EMERGENCY SAVINGS
• The majority of Americans don’t have an emergency savings account.
• If an emergency were to come up, most would find themselves at a lost, or reaching
for credit availability in order to get out of a rut.
• $1000 minimum should be enough.
• 3-6 months of income is ideal.
• Keep it in a separate account, that is not too easily accessible (e.x. ATM Debit Card)
so that you must go to a branch or make a transfer in order to access.
• Building interest on these funds should not be a big worry.

3. #2: INVEST IN EQUIPMENT
• The 2 most important pieces of equipment one should invest in:
• Their cell phone and laptop. (working and in good working condition)
• Equipment to have with you, or in your vehicle trunk (in a duffle bag) for emergencies at events:
• Ratchet Straps
• Bungie Cords
• Zip Ties
• Tape
• Rope
• LED Lighting
• Small generator/Power-Jump Unit
• Battery Jumping Cables
• Extra Charging Cables for USB Devices (iPhone, Android, Universal Micro-USB)
• Tablet
• Drone
• Camera

4. #3: OPEN A ROTH IRA
• Unfortunately, most promo peeps are not putting money away from retirement.
• Roth-IRA is pre-taxed retirement income savings, that can be diversified into various
investments and compounds for you over the years.
• Unless you are trying to go for early-retirement, or doing a Roth-IRA Conversion
ladder, a regular Roth-IRA makes sense.
• If you are older than 45, it may make sense to get a Traditional IRA account. Consult a
tax attorney or estate planner for proper recommendation.
• Most major bank institutions offer a Roth IRA. Many options are available.
• Make sure to review account fees and management fees before deciding who to
open an account with.
• Contribution Year 2017: MAX $5500 ($6500 if you are 50 or older)

5. #4: OPEN AN HSA
• HAS (Health Savings Account)-like a Flexible Spending Account (FSA), except your unused
funds are not lost; instead they roll over year after year.
• Typically, the requirement is to partner an HSA with a high-deductible health plan (can vary
dependant on bank or account-holder).
• All unused funds that have accumulated until your retirement age (67 1/2 circa 2017), can be
rolled over into an additional retirement account tax-free and penalty-free.
• A triple-tax advantaged account, this is one way to keep more money put away for
retirement, without being taxed on the front-or-back end, nor for using for health purposes
(doctor visits, surgeries, etc)
• Ideally, if you are healthy, you can use this account strictly for retirement savings, and never
touch it. Therefore, paying cash instead for medical visits.
• Contribution Year 2017: MAX $3400.00

6. #5: OPEN AN SEP-IRA
• SEP-IRA (Self-Employment Pension or Simplified Employment Pension)
• The self-employed version of the 401(k).
• As of 2017, an individual can max out at $12,000 a year or $54,000 for self-
employed with business.
• The advantage to an SEP, once a Roth and HSA are maxed, is to put away additional
funds to, again, save for retirement, and keep more money in your pocket (and away
from the government)
• Smart tip: Use Vanguard index-funds within your SEP in order to have conservative,
low-volatility diversification.

7. #6: CREATE A 529-CONTRIBUTION
SAVINGS
• If you plan on attending college, or have kids, or plan on having children (or even
just want to help a family-member or friend), this is the best way to save money for
college, and allow it to grow with inflation over time (or better).
• Typically, 529 accounts are state-run, and the government favors them during tax
season.
• These funds can be diversified once a minimum is met.
• Funds can be withdrawn at any time, but ideally if the account is created in a
students name, it becomes available when they become of age (18 years) or or
educational needs.

8. #7: INVEST IN STARTUPS
• Companies like SeedInvest and others make it easier to invest in startups.
• You no longer need to be an Accredited Investor (net worth of $250,000 or higher)
in order to invest in Series C funding.
• Check out SeedInvest and invest in up and coming companies.
• Typically, the expectation is that a minimum of 5 years is required for your funds to
grow or before you cash out (due to a company going public, selling their company,
being acquired, etc)-THIS CAN VARY.

9. #8: INVEST IN YOUR LOCAL COMMUNITY
• Partner up with local community members, and ask how you can help them.
• Either you can help with skills, services, etc.
• Perhaps a local business or non-profit needs speakers, equipment, etc and you can
help out (typically tax-deductible).
• Collaborate with local businesses or pitch new ideas.

10. #: 9 MAKE CHARITABLE
CONTRIBUTIONS
• Tax-Deductible Charitable Contributions
• Helping out your local homeless shelter through tangible donations, food
donations, etc.
• Donation online to charities count, as well.
• Save receipts to claim on taxes.

11. #10: INVEST IN YOURSELF
• Photoshoots
• New promo wardrobe
• Domain/Hosting/Website Creation
• Logo/Artwork
• Classes/Training/Certifications
• Haircuts/Manicures/Pedicures
• Tanning/Massages
• Living Will/Trust
• Life Insurance
• Health Insurance
• Personal Articles Insurance
• Books/Guides
• Personal Coaches
• Business Cards
• 1 Hobby That You Absolutely Love:
Travel, Instruments, etc.

12. THANK YOU!
• We hope that you can make something amazing happen with all of that promo
money you work so hard for.
• Please feel free to share this presentation with someone you know.
• Check out our website http://www.promorockstar.com
• Join our Facebook Group Super Promotional Rockstars.
• Thank you and have an amazing journey!
• Edwin J. Goitia
• Chicago, IL