3. “If you are too
attached to your
own thinking and
how everything
is done now,
then nothing will
change for the
better.”
̴̴John C. Maxwell
“Our only security
is our ability to
change.”
̴̴John C. Lilly
“If what you always believed to be true about money turned
out not to be true, when would you want to know?”
Willingness To Unlearn
4. “If you fully understand The
Information You will hear today, It
can change your life and Set You
on A path of Creating Long Term
Wealth, as it’s already done for
countless others ”
Mike Anthony Childs
Licensed Financial Strategist
PastPresident/MetroAtlantaChapter
Society for Financial Awareness
5. If you
distributed the world’s
wealth equally among every person
on earth… over time most of the wealth would
end up back in the hands of a few people.
Distribution of Wealth
WHY?
6. Everyone Falls Into One Of These Three
Categories
MONEY CHASERS
MONEY WASTERS
WEALTH CREATORS
How We Handle Our Money
Let’s Take A Closer Look At These…
9. Ammerrit Financial Group 2011. All rights reserved.
OUR MISSION
Through the use of cutting edge financial
strategies and concepts, our goal is to uncover
your potential wealth that’s being “lost” or
“transferred” unintentionally and/or
unknowingly. And once found, to creatively
redirect this new found money to improve your
current lifestyle, and provide a comfortable
rewarding retirement and to simultaneously leave
a legacy.
10. Ammerrit Financial Group 2011. All rights reserved.
Money
Life isn’t all about money: It’s about what
money allows us to do. Wouldn't you agree?
Do you believe that it’s
possible to control money
instead of it controlling you?
11. It is easier to save 10%-20% of new
found money, than to try to increase
the rate of return on saved dollars.
Wouldn’t you agree?
Unnecessary Mortgage
Interest
Unnecessary Finance
charges and Credit
Card Interest
Over Paying Taxes
Risking our money
when we don’t have to
Investments
IRA’s
401(k)
Real Estate/Business
Interest
House
Cars
Clothes
Vacations
12. Recoup a large portion of the interest
and finance charges you pay every day!
Control your debt instead of it letting
it control you!
Build unlimited wealth without
risking your hard-earned money
Ammerrit Financial Group 2011. All rights reserved.
13. 1.Transfer’s of our Wealth
How and why we unknowingly give away large sums
of our hard-earned money.
2. How Banking Works
The basics of banking and our
concept.
3. How We Can “Become The Bank”
How to apply the concept in everyday life.
WhatYouWillLearnToday
14. YOUR INCOME All of the money we earn flows
into 3 buckets.
Once the current bucket in line
fills up, the money flows to the
next.
For many of us, our Savings bucket
is last in line. It only gets the
leftovers.
When we reach retirement, we
have only a bucket full of pennies.
Let’s take a closer look at the
buckets.
“Stuff”
Expenses
Mortgage
Cars
Credit Cards
Food
Clothing
Entertainment
Savings
401K
Stocks
Mutual Funds
Life Insurance
Taxes
WhatHappensToOurMoney
16. When we make money at
our job or business, who
ALWAYS comes to visit?
On average, what percent
of their income do
Americans pay in taxes?
We pay taxes on-
31
%
WhatHappensToOurMoney
The money we make (income tax)
The things we buy (sales tax)
The things we own (property tax)
We pay more than 30 different taxes!
24. On average, what
percent of after-tax
(take home) income
do Americans spend
on interest payments?
WhatHappensToOurMoney
25. $31 taxes
$69 take home pay
-$21 interest
Goes to Taxes & Interest
TheImpactofTaxes&Interest
Are you satisfied with giving away 52%
of the money you make?
$48 what you live on
Let’s go back to the question:
$100 of income
26. WhatHappensToOurMoney
Is it any wonder we have
only pennies in our Savings
bucket?
Taxes & Interest Payments
take most of our money!
And we just sit back and
take it - because we don’t
know that there is a better
way.
52%Goes to Taxes & Interest
Taxes
Expenses
Mortgage
Cars
Credit Cards
Food
Clothing
Entertainment
Savings
401K
Stocks
Mutual Funds
Life Insurance
27. You are going to learn how
to become your own banker.
Everyone should be in two
businesses:
It'sTimeToMakeAChange
1)Whatever they do for a
living, and
2) The banking business.
30. The Problem With Traditional
Consumer Debt
Obligationonfutureearnings
LosecapitaltopurchasesAND
financingcostsforever
DebtortotheCreditor
LossofControl
33. You must drain the
vault to make your
purchase
Paying cash is not bad but it’s not the most efficient. You lose the interest you
could have earned had you not drained your vault.
The Problem With Paying Cash
Annual taxes
To pay cash you need
to first save cash
36. Lost Opportunity Cost
Either, we pay interest to someone else,
OR
We pay cash and lose interest we could
have earned.
We finance EVERYTHING
that we buy.
38. The Compounding Effect
Albert Einstein considered
COMPOUND INTEREST
to be one of the
Great Wonders of the World
Wealth Creators understand that Einstein was
actually referring to
UNINTERRUPTED COMPOUND INTEREST!
41. The goal of this strategy is to
leverage the fundamental differences
between amortized and compounding interest
LeveragingYourOwn
PrivateReserve of Moneythrough
CollateralizedBorrowing
collateral
amortizing
loan
FINANCIAL
INSTITUTION
lien
structured
principle
& interest
payment
private reserve
“Savings Vault”
“Arbitrage”
42.
43.
44.
45. Wealth Creators around the
globe have implemented this strategy
for centuries to finance their high-
quality lifestyles and earn fortunes
SIMULTANEOUSLY.
KeepChoiceand ControlOfYourMoney!
51. How Does Legacy
Banking Work?
You don’t have to be
wealthy or have a
business or financial
background to take advantage
of this type of account-
it’s available
to anyone who knows where to find it.
53. The Secret Of The Wealth Creators
The Wealth Creators
discovered that life
insurance wasn’t being used
to it’s full potential.
54. The Secret Of The Wealth Creators
Although originally created
primarily to provide a death
benefit, when properly
structured, it could actually
be used as a super-charged
personal banking system!
55. The Secret Of The Wealth Creators
Wealth Creators realized
that maintaining use and
control of their money was
much greater than
their need for a death benefit.
56. Section 7702
Technical and Miscellaneous
Revenue Act – TAMRA
Places limits on the investment orientation
of life insurance contracts, either by
restricting the allowable premium paid into
the contract or by mandating minimum
death benefits, or both.
Section 72(e)
Allows a policy owner to take tax-free
distributions from a PROPERLY
STRUCTURED insurance contract
Section
101(A)(1)
Section of the code that qualifies the
death benefit paid under a life
insurance policy may be received by
the beneficiary income-tax free.
Renown tax
advisor Ed Slot
put it best:
57. Ed Slott
Renowned tax advisor and personal finance author
“In my opinion,
life insurance
is the only
legal way to
print money”
58. Permanent life insurance, when designed and utilized properly,
can provide stable growth, cash value collateralization,
guaranteed loan access.
PermanentInsurance as a PrivateReserve
collateral
lien
Private reserve
Savings Vault
interest-only
loan
non-structured
payment
use and control
INSURANCE
COMPANY
59. By replenishing the cash reserve account faster than would be required
with traditional financing, you can minimize loan interest expense,
satisfy liens sooner or purchase and fund additional policies
“CashBackRewards”
“Savings Vault”
policy cash value
use and control
extra
cash
flow
accelerated
principle &
interest
payment
INSURANCE
COMPANY
63. Reduce taxable income
Business Owners
Reposition money from the business to personal use on a tax advantaged basis
Better in most cases than a qualified plan i.e. IRA, 401(k), profit sharing plan and so forth.
Recoup many of the costs and interest associated with purchases used for your business.
64. This is a BANKING process,
NOT an investment process.
We’re not just growing
wealth, we’re financing our
lifestyle simultaneously.
NO RISK to our principal
The Market
Liquidity
Tax-Free
Death Benefit
Rate of Return
Contractual Guarantee
YouShouldBeThinking…
66. Significant MarketLosses
(Howwilltheyeffectyou?)
•Fall in the Dow: 45%
•Losses recovered by December 1982
•8 years to recover
•Fall in the Dow: 89%
•Losses recovered by November 1954
•22 years to recover
•Fall in the Dow: 53%
•Losses Not Yet Recovered
•4 years and counting…
68. presents
Ammerrit Financial Group 2011. All rights reserved.
What Type Of Insurance
Contract Do I Use To Set
Up A Legacy Bank and
How Does It Work?
69. presents
Ammerrit Financial Group 2011. All rights reserved.
A Legacy Bank account is set up
inside of a PROPERLY
STRUCTURED Equity Index
Universal Life Insurance Policy.
70. presents
Ammerrit Financial Group 2011. All rights reserved.
It is very important that you only use a licensed
advisor who has been specially trained to
set up this type of account.
An improperly structured policy can result in
MAJOR tax consequences.
Very few agents (less than 5%) have been trained
to properly structure this policy / account.
71. Floor
0%
Goal:
•To have some potential for
market gain without risk of
principal
Ceiling
15%
“Cap”
• Use of index like Standard and
Poor’s 500 or the DOW
• Principal guaranteed
against loss
TheSafetyofGuarantees
104. Imagine…
Not giving away your hard-earned money to monthly interest payments!
Earning compound interest and not having to worry about market losses!
Borrowing from your own bank however, whenever you want!
Taking money from your bank as tax-free income!
Beginning each successive year wealthier than the year before!
105. Imagine…
Never having to worry about being declined for a loan –
whether it’s a poor credit rating, insufficient down
payment or any other reason!
Never having to worry about damaging your credit,
repossession or late fees if you miss a payment.
Teaching your children a strategy that will forever change
their lives!
106. Does Not Matter Where You are, But Where
You’re Headed
So,beinghonestwithyourself…
Age 18 or 88 does not matter, If not this
then what, If not now then when? You’ve
got to do something different anyway
Whereareyoufinancially?
107. You Can Turn This Moment Into
A “Movement”
A CHANCE TO HELP CHANGE THE
FINANCIAL FUTURES OF MANY!!!
A Chance To Do Well By Doing Good
108. If you are Successful you will win some fake friends
and some real enemies Succeed Anyway
What you spend years building someone else
will try to destroy in minutes Build it anyway
Give the best you have and sometimes that
still won’t be enough, Give your Best Anyway
Keep the Faith & Be Well
