This document discusses personal financial success and provides steps to achieve it. It defines financial success as having enough cash flow to support one's lifestyle through work income and retirement investments. It identifies obstacles like lack of education, debt, and taxes. It then provides four steps: 1) maximize cash flow by correcting tax withholding, 2) maximize deductions to minimize taxes, 3) eliminate debt to free up cash flow, and 4) invest freed-up cash flow for long-term wealth building and retirement. The key is leveraging extra cash flow from the first three steps into investments over decades to attain significant wealth.

1. Personal Financial Success Presented by: Life by One Design a division of Virtual Business Unlimited, LLC

2. Introduction “ If you want something you’ve never had, You have to do what you’ve never done!”

3. Personal Financial Success Financial Success is simply having enough cashflow to support one’s chosen lifestyle. The cashflow must come from two sources: Our career during our working years and Assets or Investments during our retirement years The concept is straightforward: We must generate enough cashflow during our working years to support our lifestyle and simultaneously invest enough cashflow to build adequate retirement assets. We will need assets equal to approximately 10 times our annual desired retirement income.

4. Obstacles Less than Ideal Financial Education Limited Income and Inflation – It is difficult to grow income faster than inflation with a linear pay system. Taxes – Americans lose approximately 33% of their income to taxes Debt – the typical American household spends 30%-50% of their income on debt. No Financial Goals Procrastination Millions of people are not attaining personal financial success because of the following obstacles:

5. Step 1 Maximize Cashflow by Correcting Tax Withholding Over 100 million Americans have their W-4 filled out incorrectly, causing their employer to withhold too much cashflow from each check. Over withholding can cause employees to have a cashflow shortfall. Solution: Correct the W-4 and use the extra cashflow to pay off debt or invest.

6. Step 2 Maximize Cashflow by Minimizing Taxes Business owners have access to hundreds of tax deductions which employees do not. More deductions equal less taxes and more cashflow for lifestyle and investments. Solution: Keep records of all of your business activities. Some common deductions: Car and Truck Expenses, Travel, Communications Expenses, Meals and Entertainment, Wages, Interest.

7. Step 3 Maximize Cashflow by Debt Elimination Americans are caught in the “credit trap.” As they keep borrowing money, they ask these questions: What is the interest rate? What is the payment? The questions they should be asking are: What is my total cost? When will I be debt free?

8. Step 3 Maximize Cashflow by Debt Elimination Millions of Americans lose thousands of dollars annually and millions of dollars of wealth over their lifetime to debt. Example: A family spending $1,000 monthly on interest payments as they pay their debt, would spend $12,000 annually and $480,000 in 40 years. If they did not have the debt and invested the $1,000 monthly for the same period of time at 9.5% annual rate of return, they would have accumulated over $5,000,000.00* Solution: Use some of the extra cashflow to eliminate debt quickly. This frees up cashflow for lifestyle and investments. * Tax consequences have not been considered.

9. Step 4 Maximize Cashflow and Wealth by Investing Americans are among the poorest savers in the world. The average American invests less than 2% of their income. How much cashflow can you free-up with less taxes and debt? How much wealth can you build by leveraging that money into investments? * The numbers on this chart represent an example for illustrative purposes only. Tax consequences have not been considered and individual results will vary. The rate of return used for this chart is 9.5% annually. $6,099,108 $2,135,772 $597,240 $3,000 $3,049,554 $1,067,886 $298,620 $1,500 $1,016,518 $355,962 $99,540 $500 30 Years 20 Years 10 Years Monthly Investment

10. Financial Success Corporate America has no solution; it is about stockholders and executives. The government has no solution; it’s about taxing and spending. The traditional financial services industry has no solution; they are still pushing debt products and low return investments with high fees. You are the only answer for your Personal Financial Success! Almost everyone desires Personal Financial Success… but most will never attain it, because they depend on institutions with conflicting objectives.