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How to Stockpile
$100,000 in 15 Years
Saving $100,000 – A Walk in the Park?
 Reaching $100,000 in 15 years requires
investing $300 per month.
 The best way to...
Formula for Saving $100,000 in 15 Years
Decrease Debt
Increase Income &
Assets
What is an Asset?
 An asset is anything that is purchased or
acquired for the purpose of generating
income in the future....
These are assets:
Stocks Bonds
Investment
Accounts
Retirement
Accounts
Owned
Business
What is Debt?
 Debt is the total amount of money that is
owed.
 Having $1 million in assets puts you in a better
positio...
Calculating Net Assets
Assets Debt
Net
Assets
Strategies: Achieve Your $100,000 Goal
Budgeting & Saving
Investing
Managing Debt
Minimizing the Effect of Taxes
Protectin...
Budgeting & Saving
Tips for Budgeting
 Sit with your family at the beginning of the year
and outline projected expenditure.
 Compare how th...
Things to Consider when Budgeting
•Consider expenses
on an annual basis.
Annualize
•Budget for
emergency
expenses.
Be Prep...
Finding the Funds: $3600/yr.
Include Tax
Refunds and
Windfalls
Lightens the
Monthly
Requirement
Finding the Funds: $300/mo.
 Use savings that you discovered when
doing your budget.
 Earn extra money in your free time...
Finding the Funds: $10/day
 Combine methods and focus on
smaller goal of $10/day.
Earn it: Provide
a service.
Take it out...
Investing
Tips for Investing
 Investing is putting your money to work for you;
it is thinking about the best way to make more
money...
Things to Consider when Investing
Compound Interest
• Re-invest interest
earned for better
financial results.
• Start earl...
Things to Consider when Investing
Personality
• Consider if you have the
guts to take financial risks.
• Determine if you ...
Types of Investments
Bonds
•Lending money to a government or
company
•Fixed-income: you know the interest
earnings up fron...
Types of Investments
Mutual
Funds
•Stocks and/or bonds chosen by a
professional money manager
•Established with a specific...
Managing Debt
Things to Know About Managing Debt
 If the interest on your debt is greater than the
likely rate of return on your invest...
Focus on Credit Card Debt
 Eliminate any additional use of your credit
cards.
 Don't close the accounts, since it will
n...
2 Strategies to Clear Credit Card Debt
Start with
highest
interest card
Put most
money on
this one
Pay
minimum
on others
M...
Minimizing the Effect of Taxes
Strategies for Minimizing the Effect of
Taxes
Make use of tax-deferred accounts.
Consider taxes when investing, as there a...
Planning Investments Around Taxes
 Stocks that are held for more than a year and
then sold are taxed at the capital gains...
Protecting Wealth
Looking Into Protecting Wealth
 There are several aspects that go into
protecting your assets and your wealth.
 Set up p...
Conclusion
 Building assets is really just a function of
budgeting/saving, investing, reducing debt,
and then protecting ...
We hope you enjoyed your Special Report!
Curtis Roese is an experienced professional with extensive experience in
personal...
This Free Course Includes:
 A Complete 80+ Page, 16-Module Home Study Course in PDF format
 Companion Worksheets and Che...
Sign Up ~ FREE Personal Finance Newsletter
“Finally… A High-Quality, Content Rich, No BS Newsletter
Written Specifically F...
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How To Stockpile $100,000 in 15 Years

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How much money have you saved over the last 5, 10, or even 15 years? If you're like most people, you probably haven't done as well as you would have liked. But the fact is it's relatively easy to amass a considerable amount of money in a reasonable amount of time. All it requires is consistency – unwavering consistency.

But like anything else, to be successful over the long haul, you'll need a realistic plan that you can live with.

What does it take to save $100,000 in 15 years?

Published in: Economy & Finance, Business
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How To Stockpile $100,000 in 15 Years

  1. 1. How to Stockpile $100,000 in 15 Years
  2. 2. Saving $100,000 – A Walk in the Park?  Reaching $100,000 in 15 years requires investing $300 per month.  The best way to reach that 15-year goal is to increase income, decrease expenses and increase assets.  Even though the process might sound complicated or out of reach for you, we’ll show you how it’s easier than you think!
  3. 3. Formula for Saving $100,000 in 15 Years Decrease Debt Increase Income & Assets
  4. 4. What is an Asset?  An asset is anything that is purchased or acquired for the purpose of generating income in the future.  For example, a car would not be considered an asset because it will de-value as the years go by.  Your home might or might not be an asset. Did you purchase it to live in the rest of your life? Will you be selling it before it can gain equity?
  5. 5. These are assets: Stocks Bonds Investment Accounts Retirement Accounts Owned Business
  6. 6. What is Debt?  Debt is the total amount of money that is owed.  Having $1 million in assets puts you in a better position than having $1 million in assets and $2 million in debt.  The solution is to possess Net Assets.
  7. 7. Calculating Net Assets Assets Debt Net Assets
  8. 8. Strategies: Achieve Your $100,000 Goal Budgeting & Saving Investing Managing Debt Minimizing the Effect of Taxes Protecting Wealth
  9. 9. Budgeting & Saving
  10. 10. Tips for Budgeting  Sit with your family at the beginning of the year and outline projected expenditure.  Compare how the expenses will match up to income.  List expenses in descending order so you can see which ones consume most of your income.  Start looking for ways to tackle or cut down huge expenses like your mortgage or dining out expenses.
  11. 11. Things to Consider when Budgeting •Consider expenses on an annual basis. Annualize •Budget for emergency expenses. Be Prepared •Budget for acquiring assets. Plan for a Bright Future
  12. 12. Finding the Funds: $3600/yr. Include Tax Refunds and Windfalls Lightens the Monthly Requirement
  13. 13. Finding the Funds: $300/mo.  Use savings that you discovered when doing your budget.  Earn extra money in your free time: ◦ Provide services for others ◦ Blog about your favorite hobby. You can monetize that blog in many ways.
  14. 14. Finding the Funds: $10/day  Combine methods and focus on smaller goal of $10/day. Earn it: Provide a service. Take it out of wallet; add to change jar. Save it: Skip eating out.
  15. 15. Investing
  16. 16. Tips for Investing  Investing is putting your money to work for you; it is thinking about the best way to make more money.  The more money you spend in your lifetime on income producing assets, the wealthier you will ultimately become.  The sooner you get started, the harder your money can work for you.
  17. 17. Things to Consider when Investing Compound Interest • Re-invest interest earned for better financial results. • Start early and consistently re-invest to guarantee larger returns. • At least $46,000 of your $100,000 will be interest! Risk Tolerance • Take investment risks based on age, financial position and personal circumstances. • Be more conservative with risks if you’re working with a short time frame.
  18. 18. Things to Consider when Investing Personality • Consider if you have the guts to take financial risks. • Determine if you are willing to do research into risk- taking options. • Investments that leave you sleepless at night are likely too risky.
  19. 19. Types of Investments Bonds •Lending money to a government or company •Fixed-income: you know the interest earnings up front •Usually low risk and low returns Stocks •Give you part ownership in business •No steady flow of income •Share prices fluctuate.
  20. 20. Types of Investments Mutual Funds •Stocks and/or bonds chosen by a professional money manager •Established with a specific investing strategy in mind Alternative Investment •Includes Options, Futures, FOREX, Gold & Real Estate •More complex and/or have a higher level of risk
  21. 21. Managing Debt
  22. 22. Things to Know About Managing Debt  If the interest on your debt is greater than the likely rate of return on your investment, then you should be paying your debt first.  Most experts quote a figure around 7.5% as a reasonable expectation for return on a stock.  Any debt that is charging you more than 7.5% interest should be paid before any real investing starts.  Debt is the equivalent of an anti-investment.
  23. 23. Focus on Credit Card Debt  Eliminate any additional use of your credit cards.  Don't close the accounts, since it will negatively affect your credit score.  Do whatever you have to do to stop using them. This could include cutting them up or locking them away.
  24. 24. 2 Strategies to Clear Credit Card Debt Start with highest interest card Put most money on this one Pay minimum on others Move on to card #2 next Start with smallest balance card Eliminate number of cards quicker May not make best financial sense
  25. 25. Minimizing the Effect of Taxes
  26. 26. Strategies for Minimizing the Effect of Taxes Make use of tax-deferred accounts. Consider taxes when investing, as there are two tax rates: • Capital gains tax – same for everyone. • Marginal tax rate – depends on income.
  27. 27. Planning Investments Around Taxes  Stocks that are held for more than a year and then sold are taxed at the capital gains rate.  All bonds and any stocks that are held for less than a year are taxed at your marginal tax rate.  That means that if you have one or more accounts that are tax-deferred, you should ideally be holding bonds and short-term stock trades in those accounts.
  28. 28. Protecting Wealth
  29. 29. Looking Into Protecting Wealth  There are several aspects that go into protecting your assets and your wealth.  Set up protection from potential legal actions against you.  Avoid the temptation to spend your wealth before you're done needing or accumulating your assets.
  30. 30. Conclusion  Building assets is really just a function of budgeting/saving, investing, reducing debt, and then protecting those assets.  Eliminate the waste from your financial life, increase your income slightly, and invest consistently.  Building savings of over $100,000 in 15 years is well within the capabilities of anyone with the necessary discipline.
  31. 31. We hope you enjoyed your Special Report! Curtis Roese is an experienced professional with extensive experience in personal finance and small business matters. Curtis writes and publishes articles, courses, guides and special reports on his personal finance blog. Common Cents Wisdom is a website with hundreds of informative articles, special reports, resources to assist you with all of your financial concerns and a free monthly newsletter. Sign up to receive your free eBook "Common Cents" and get started today on the road to financial freedom!
  32. 32. This Free Course Includes:  A Complete 80+ Page, 16-Module Home Study Course in PDF format  Companion Worksheets and Cheat Sheets  Budget Helpers, Worksheets, and Trackers  Bonus Audio Interviews with Financial Experts  My Secret Resource List of Helpful Money Sites, Tools, and Calculators  Bonus #1: Boosting Your Value Without a Formal Education  Bonus #2: Building a Wealth and Prosperity Mindset  Bonus #3: 25 Ways To Protect Your Identity Don’t Delay! Get Your Free Course Now!
  33. 33. Sign Up ~ FREE Personal Finance Newsletter “Finally… A High-Quality, Content Rich, No BS Newsletter Written Specifically For Those Interested In Personal Finance” What you can expect to receive EVERY Month by signing up:  Special Report – 10 to 20 page in-depth report on Personal Finance topics important to you!  Articles to keep you informed on a variety of topics relevant to your financial freedom.  Action Guides, Worksheets, Resources & Buyer Guides!  Monthly Financial Calendar to keep you organized and current with managing your personal finances.  Periodic reviews of Products and Services – Real Financial Solutions ~ Real Fast! http://www.commoncentswisdom.com/newsletter/

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