lesson 3: financial foundation

A Solid Financial Foundation


BY NOW, YOU ALREADY KNOW

THE 2 BASIC YET VERY POWERFUL FINANCIAL CONCEPT...


BY NOW,SEVERAL QUESTIONS

ARE ALREADY BUGGING IN YOUR

MIND...


WHAT ELSE DO I NEEDTO KNOW?


HOW CAN I STARTSAVING?


HOW MUCH MUST BE MYFINANCIAL GOAL?


WHERE CAN I FINDTHESE FACILITIESWHERE COULD I

INVEST MY MONEY?


AS WHAT I HAVEMENTIONED IN THEPREVIOUS LESSON…


THIS IS JUSTTHE BEGINNING

OF YOUR JOURNEY...


LET'S TAKE THISONE STEP AT A TIME...


BEFORE I ANSWERYOUR QUESTIONS…


LET ME TELL YOUANOTHER IMPORTANT

THING...


ARE YOU READY?


YES?


THEN GET A PENAND A PAPER...


YOU NEED TOWRITE THIS DOWN..


SO THAT YOUWILL REMEMBER

THIS VERY IMPORTANTDETAIL...


THE VERYFIRST THING

THAT YOU NEEDTO UNDERSTAND...


IN YOURJOURNEY TO

FINANCIAL FREEDOM...


IS THAT, YOU NEED TOBUILD YOUR

FINANCIAL FOUNDATIONRIGHT...


AFTER YEARS OF STUDYING...


FINANCIAL EXPERTS FINALLYAGREED ON WHAT SHOULD

A STABLE FINANCIAL FOUNDATION LOOK LIKE...


YOU NEED TO UNDERSTANDTHIS...


AND INTERNALIZE THIS...


BECAUSE THIS IS WHATFINANCIALLY

SUCCESSFUL PEOPLE ARE ALREADY DOING...


THAT MOST OF USARE NOT YET DOING...


LET ME BEGIN WITH THIS...


IN BUILDING YOUR FINANCIAL FOUNDATION...


YOU ARE LIKE BUILDINGYOUR OWN HOUSE...


YOU DON‘T BUILD YOUR HOUSE…


STARTING FROM THE ROOF…


AND ENDS WITH THEBASEMENT OF YOUR

HOUSE...


IN BUILDING YOUR HOUSE

RIGHT…


YOU NEED TO STARTFROM THE BASE OF YOUR

HOUSE..


THIS SHOULD BE THE MOST STABLE PART...


BECAUSE IT HOLDSTHE ENTIRE HOUSE...


SO WHAT IS THE FIRST THING TO BUILD?


THE FIRST THING…


IS TO START BUILDING FOR YOUR...


Healthcare


Healthcare

THERE IS A SAYING THAT GOES...


Healthcare

HEALTH IS WEALTH…


Healthcare

WHY HEALTH FIRST?


Healthcare

LATER, YOU WILL FIND OUTWHY...


LET ME FIRST QUICKLYSHOW YOU WHAT A STRONG FINANCIAL

FOUNDATION LOOK LIKE...


LET'S GO ON...


THE NEXT THING...


IS TO BUILD...


YOUR PROTECTION...


Healthcare

Protection


AS YOU ARE STILLSTARTING TO BUILD

UP YOUR FINANCIAL GOAL...


YOU NEED A CERTAINPROTECTION FOR

YOURSELF...


SO THAT...


IN CASE SOMETHINGHAPPENS TO YOU...


YOUR FAMILY WOULD STILL RECEIVE A

CERTAINFORM OF INCOME

REPLACEMENT...


NEXT?


YOU NEED TO…


ELIMINATE YOUR DEBT…


Healthcare

Protection

Eliminate Debt


BECAUSE DEBT WILL EAT UP ALL YOUR FUNDS IF

YOU DO NOT ELIMINATETHIS...


THERE ARE SEMINARSON HOW YOU CAN

DO THIS...

IF YOU ARE INTERESTED...


CONTACT ME NOW@ARWIN BUENO

IMG FINANCIAL TRAINER

[email protected]


SOGOING BACK…


THE NEXT THING TO BUILD IS…


YOUREMERGENCY FUND…



Healthcare

Protection

Eliminate Debt

Emergency Fund

BECAUSE MOST PEOPLE HAVE

EMERGENCIES...


BUT NO FUND AT ALL...


HOW MUCH WOULD BE YOUR

EMERGENCY FUND?


FINANCIAL EXPERTSRECOMMEND...


AT LEAST 3 TO 6 MONTHS OF

YOUR INCOME...


SO IF YOU AREEARNING P10KPER MONTH…


YOU SHOULDSAVE AT LEASTP30K TO P60K

FOR YOUREMERGENCY FUND…


AND THE LAST ONE...


IS YOU NEED TO BUILD…


YOUR INVESTMENTS...



Healthcare

Protection

Eliminate Debt

Emergency Fund

Investment

THIS IS HOW YOURFINANCIAL FOUNDATION

SHOULD LOOK LIKE...



Healthcare

Protection

Eliminate Debt

Emergency Fund

Investment

BUT…


MOST PEOPLE ARE EXCITED

BUILDING THEIR INVESTMENTS

FIRST...



Investment

THEY DON'T START WITH BUILDING THEIR

HEALTHCARE...


AS A MATTER OF FACT…


THEY DON'T CONSIDER BUILDING FOR THEIR HEALTHCARE AT ALL..


THEIRFINANCIAL FOUNDATIONLOOKS A LOT LIKE THIS…



E.F.

Investment

Eliminate Debt

Healthcare

Protection

WHAT WOULD HAPPENTO THIS STRUCTURE?



E.F.

Investment

Eliminate Debt

Healthcare

Protection

IF THE NEEDTO GO TO THE HOSPITAL

ARISES…


AND THERE IS NOHELTHCARE…


AND THE HOSPITAL BILL NEEDS

TO BE PAID…


THEN YOU WILL BEFORCED TO WITHDRAWTHE INVESTMENT YOU

MADE...



E.F.

Investment

Eliminate Debt

Healthcare

Protection


E.F.

Investment

Eliminate Debt

Healthcare

Protection

HOSPITAL

ANOTHERSCENARIO

WOULD BE…


WHAT IF...


YOU DON'T BUILD YOUREMERGENCY FUND?



Investment

Eliminate Debt

Healthcare

Protection

Emergency Fund

AND AN EMERGENCY ARISES?


YOU WILL AGAIN BE FORCEDTO WITHDRAW

FROM YOURINVESTMENTS...



Investment

Eliminate Debt

Healthcare

Protection

Emergency Fund


Eliminate Debt

Healthcare

Protection

Emergency Fund

EMERGENCY

Investment

THE SAMEHOLD TRUE IF

YOU DO NOT BUILDFOR YOUR PROTECTION…


AND IF YOUDO NOT ELIMINATE

YOUR DEBT…



Eliminate Debt

Healthcare

Protection

Emergency Fund

SOMETHINGHAPPENS TO

YOU…

Investment


Eliminate Debt

Healthcare

Protection

Emergency Fund

DEBT

Investment

NOW YOU KNOW...


WHYA SOLID FINANCIAL

FOUNDATION...


MUST LOOK LIKETHIS...



Healthcare

Protection

Eliminate Debt

Emergency Fund

Investment

WERE YOU ABLETO NOTE THIS

DOWN?


YES?


GREAT!


NOW LET USGO BACK TO THE

QUESTIONS YOU RAISEDEARLIER...


HOW CAN I STARTSAVING?


DO YOU WANT TO KNOWWHAT IS THE FORMULAON HOW TO DO THIS?


ACTUALLY,THIS IS

THE SCERETOF THE TRULY RICH

PEOPLE…


BUT FIRST…


LET ME TELLYOU THE FORMULA

OF THE ORDINARY ANDTHE POOR…


THEIR FORMULAGOES LIKE THIS…


ARE YOU READY?


IT GOES LIKE THIS…


INCOME


INCOME - EXPENSE


INCOME – EXPENSE-DEBT


INCOME – EXPENSE-DEBT = SAVINGS


WITH THIS FORMULA...


MOST OF THE TIMES…


THERE IS NO, OR NEGATIVE SAVINGS...


NOW LET ME TELL YOU THESECRET FORMULA OF THE

RICH...


ARE YOU READY?


THEN GET A PEN AND A PAPER…


AND DO THE MATH…


USING YOUR VERY OWN INCOME,

BASED ON THIS FORMULA...


THE FORMULA…


GOES LIKE THIS…


INCOME


INCOME - TITHES


INCOME - TITHES - SAVINGS


INCOME - TITHES - SAVINGS = EXPENSE


TITHES?


WHAT'S THAT?


TITHES IS WHAT YOU GIVEBACK TO GOD...


HOW?


GIVE IT TO THE ORGANIZATION/

CHURCHWHERE YOU NOURISH

YOUR SOUL…


THERE IS A DEEPEREXPLANATION IN TITHING...


BUT THIS WILL NOT BEEXPLAINED IN THIS

LESSON...


IF YOU ARE INTERESTEDON THIS...




[email protected]


AS FOR NOW…


LET USFOCUS ON THIS

FORMULA FIRST...


THE BEST GUIDELINE FOR THIS FORMULA IS...


INCOME


INCOME - 10% TITHES


INCOME - 10% TITHES - 20% SAVINGS


INCOME - 10% TITHES - 20% SAVINGS = 70% EXPENSE


START COMPUTING YOUR VERY

OWN NOW...


ARE YOU FINISHED?


YOU WANT TO BE FINANCIALLY FREE?


THEN START PRACTICING THIS FORMULA

IN YOUR FINANCIAL LIFE...


THIS MEANS THAT...


YOU NEED TO ADJUSTYOUR LIFESTYLE...


OR YOU CAN LOOK FOR A WAY

TO INCREASE YOUR INCOME...



Healthcare

Increase Cashflow

Protection

Eliminate Debt

Emergency Fund

Investment

SO THAT YOU LIVEONLY WITHIN THE 70%

OF YOUR INCOME...


THERE ARE TIPSON HOW YOU CAN…


INCRESE YOURCASH FLOW…


OR…


ADJUST YOURLIFESTYLE…


IF YOU ARE INTERESTEDIN LEARNING THIS...




[email protected]


SO IN A NUTSHELL...


GIVE 10% TO GOD...


GIVE 10% TO GOD...SAVE 20% FOR YOUR

FINANCIAL FOUNDATION...


GIVE 10% TO GOD...SAVE 20% FOR YOUR

FINANCIAL FOUNDATION...AND LIVE WITHIN YOUR

70%...


TO EASILY REMEMBER THIS...


JUST KEEP IN MIND THE THREE FIGURES...


10,


10, 20,


10, 20, 70...


GET IT?


SO HOW MUCH THEN MUST BE

MY FINANCIAL GOAL?


GOING BACK TO OURX-CURVE:


HOW MUCH ISMY FINANCIAL GOAL?



?

THE FORMULAFOR THIS IS…


FINANCIAL GOAL


FINANCIAL GOAL =


FINANCIAL GOAL = ANNUAL INCOME


FINANCIAL GOAL = ANNUAL INCOME X 10


SO IF YOU ARE EARNING 10KPER MONTH...


10K


10K X 12 MONTHS


10K X 12 MONTHS = 120K ANNUAL INCOME


ANNUAL INCOME X 10


120K X 10


THE RESULT IS...


1.2M


START COMPUTING YOURVERY OWN FINANCIAL

GOALUSING THIS FORMULA

NOW...


DONE?


THIS MEANS THAT…


SAVE THE COMPUTED AMOUNT

THAT YOU HAVE RIGHT NOW

IN YOUR PAPER…


SO THAT YOU WILL BEFINANCIALLY FREE...


AND TO HELP YOUREACH THIS GOAL...


APPLY WHATYOU HAVE LEARNED WITH

THE RULE OF MONEYOR THE RULE OF 72...


YOU DON'T HAVE TO DO IT ALONE TO REACH YOUR

FINANCIALGOAL...


LET ME SHOW YOU WHYYOU NEED TO SAVE

WITH THAT AMOUNT...


LET’S TAKE THEEXAMPLE THATWAS GIVEN…


LET’S TAKE THEEXAMPLE THATWAS GIVEN –

1.2M…


IF YOU HAVE 1.2M...


AND YOU INVEST THIS ON A 10% INTEREST

PER YEAR...


COMPUTING THIS...


1.2M


1.2M X 10%


1.2M X 10% = 120K PER YEAR


120K PER YEAR


120K PER YEAR / 12 MONTHS


120K PER YEAR / 12 MONTHS

= 10K PER MONTH


THIS MEANS YOU STILL GET10K PER MONTH


THIS IS WHATWE CALL…


LOI…


OR…


LIVING ON INTEREST…



?


1.2M

THIS IS NOW…


MONEYWORKING FOR YOU…


NOW, HOW ABOUT...


YOUR PROTECTION?


OR INCOME REPLACEMENT?


HOW MUCH PROTECTION MUST YOU GET?


R

1.2M?


THE ANSWER IS...


IT SHOULD BE THE SAME WITH...


YOUR FINANCIAL GOAL...


IN OUR EXAMPLE…


YOUR FINANCIAL GOALIS 1.2M...


R

1.2M?


YOU SHOULD ALSO GETA 1.2M PROTECTION...


R

1.2M?


R

1.2M


1.2M

SO THAT...


IN CASE SOMETHINGHAPPENS TO YOU...


• FOOD• SHELTER• CLOTHING• HEALTH• LIFESTYLE• ETC.

Responsibility Line

R

0

YOURFAMILY


YOUR FAMILY WILLRECEIVE AND INVEST

THE 1.2M WITH A 10% INTEREST PER YEAR...


SO THAT THEY WOULDSTILL RECEIVE...


THE10K PER MONTH...


AS AN INCOMEREPLACEMENT...


• FOOD• SHELTER• CLOTHING• HEALTH• LIFESTYLE• ETC.

Responsibility Line

R

0

YOURFAMILY

1.2M


LET ME SHOWYOU AGAIN

WHAT YOUR X-CURVESHOULD LOOK LIKE..


R

1.2M


1.2M

SO THERE...


THIS IS THE END OF THE SHORT COURSE

ON FINANCIAL LITERACY…


WE ARE CONTINUOUSLYGIVING SEMINARS,

TRAININGS AND CLASSES ON DIFFERENT TOPICS ON FINANCIAL LITERACY…


IF YOU ARE INTERESTEDON THIS…




[email protected]


NOW THAT YOUALREADY INCREASED

YOUR FINANCIAL KNOWLEDGE…


I ENCOURAGE YOU TO GOAND START LOOKINGFOR LEGAL FACILITIESTHAT WOULD YIELDHIGHER INTERESTS…


AND STARTPLANNING AND PLOTTING

YOUR FINANCIALGOAL.


OR IF YOU WANT,WE COULD RECOMMENDTO YOU WHAT FIT YOUR

NEED…


IF YOU ARE INTERESTEDON THIS…




[email protected]


LET ME JUST GIVE YOUA BRIEF BACKGROUNDOF OUR COMPANY…


WE AREINTERNATIONAL

MARKETINGGROUP…


AND I AMONE OF THE TRAINERS

HERE…


WE OFFERFINANCE 101


THAT WOULD TEACH YOUHOW TO BUILD A SOLID

FINANCIAL FOUNDATION…


SO YOU WOULDUNDERSTAND

THE FUNDAMENTALS OF…


INVESTMENT…


HEALTHCARE AND INSURANCE…


DEBT MANAGEMENT…


AND MORE…


AND GUIDE YOUIN CREATING AND

WORKINGTOWARD A GOAL/PLAN…


IN ORDER FORYOU TO IMPLEMENT

YOUR FINANCIAL CHECKUP…


WE WANT TO BUILD A…


FINANCIAL RELATIONSHIPWITH YOU…


TO SHARE VALUABLE CONCEPTS AND HELP YOU

UNDERSTAND HOW MONEY WORKS…


WORK WITH YOUON A PLAN…


AND PROVIDEREGULAR CHECK-UPS TO HELP YOU REACH

YOUR GOAL…


OR…


WE COULD BUILD A…


BUSINESS RELATIONSHIPWITH YOU…


ANDHELP YOU GET INTO THE FINANCIAL SERVICES

INDUSTRY…


HELP YOU TRAIN YOU IN IMPORTANT ASPECTS OF

FINANCIAL SERVICES…


HELP YOU WITH A NEW BEGINNING TOWARD

FINANCIAL INDEPENDENCE…


OFFER YOU THE OPPORTUNITY TO BUILD A

BIG BUSINESS IN MANY CITIES AND IN DIFFERENT

COUNTRIES…


WE HAVE A PROVEN SYSTEM THAT HELPS YOU

BUILD A SUCCESSFUL BUSINESS…


YOU ARE IN THE BUSINESS FOR YOURSELF BUT NOT

BY YOURSELF…


WE PROVIDE CONTINUOUS TRAINING AND SUPPORT…


WE ARE THE WORLD TEAM…


YOU MAY CHECKOUR WEBSITE:

www.img-corp.com


ARE YOU THE RIGHT PERSON FOR THIS NEW

INDUSTRY?


DOWNLOAD ANDCOMPLETE THIS

VERY SHORT BUSINESS REVIEW CARD NOW…


AND EMAIL IT [email protected]


SO THAT WE CANSET AN APPOINTMENT

WITH YOU…


IT IS VERY IMPORTANTTHAT WE COULD

HAVE OUR APPOINTMENTWITHIN 24 TO 48HRS…


WHILE THEINFORMATION IS STILLFRESH IN YOUR MIND…


REMEMBER…


YOU ARE STILLIN YOUR PRODUCTIVE

YEARS...


INCREASEYOUR FINANCIAL KNOWLEDGE…


START TOBUILD YOUR FINANCIAL

GOAL NOW...


AND LIVEA FANTASTIC LIFE!


… earn as much as you can,as fast as you can,

when you can…


NOW GO AND DOWNLOAD THE BUSINESS REVIEW

NOW…


- END OF PART III -


lesson 3: financial foundation

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