An introduction to

1. Rich Brother, Poor Brother Lessons on How to Learn, Grow and Give Back Nick Wolff Region VI Volunteer and Investor

2. Disclaimer The information provided in this presentation discusses general themes of investing, financial planning and taxation and should be seen as informational only. Consult appropriate professionals about your specific circumstances.

3. Disclaimer Some of you will find some topics unsettling if not upsetting. The purpose is to expand your Context —to grow your concept of what money is and what money could be .

4. “ Money is the root of all evil.” ~1 Timothy 6:10

5. Why is it difficult to discuss wealth?

7. Why is it important we do so?

9. What are ways to become wealthy?

13. I want you to learn to avoid the trap

14. What are your opinions about money?

15. How much is a lot of money?

23. What does that mean?

24. If we know the rules, we can win the game!

29. 1 st Key of Wealth: Cash Flow Management

31. A Basic Cash Flow Statement

34. How do you spend your money?

36. What is your biggest asset?

38. Financial Statement

39. Financial Statement of a Poor Person

40. Financial Statement of a Middle Class Person

41. Financial Statement of a Rich Person

42. 2 nd Key of Wealth: Understand the Rules of the Game - Taxes

43. Who pays the taxes in the United States?

53. Taxes: Individuals vs. Businesses

54. Who pays the taxes in the United States?

55. Who pays the taxes in the United States? Highly Educated, Upper Income Employees

56. Who pays the taxes in the United States? Highly Educated, Upper Income Employees Also known as US!!!

57. If we know the rules, we can win the game!

58. New Service: Helping Kids Read Personal Business Computer* $1,500 $1,500 Software $ 100 $ 100 Children’s Books $ 600 $ 600 Gas (1000 miles) $ 150 $ 150 Marketing $ 150 $ 150 Training $ 500 $ 500 Legal $1,000 $1,300 Total Out-Of-Pocket $4,000 $4,300 *Also for personal use

59. Tax Incentives Expenses (Minus Gas) $3,850 $4,150 Personal Expenses - $1,500 $ 0 “ Phantom Expenses” House Depreciation $ 0 $1,100 Utilities $ 0 $ 600 Mileage Deduction $ 140 $ 330 Total Deduction $1,490 $6,180

61. 3 rd Key to Wealth: Debt and Decisions We Make

62. If I have a credit card balance of $25,000, what should I do?

64. What are great investments?

65. What’s a good rate of return?

67. There is no free lunch: Big returns require big efforts

69. Let’s compare 3 investments over 1 year

73. When will I pay off the $25,000?

78. If we know the rules, we can win the game!

80. The 4 th Key to Wealth: The Only Lasting Investment You Can Make

81. Learn, Grow and Give Back

85. Thank you for your ongoing service to Alpha Phi Omega!