multi-million dollar choices tm
DESCRIPTION
Multi-Million dollar choices TM. Multi-Million Dollar Choices TM. A one-time choice that will increase your Point of Choice assets by multi-millions. R = Recurring. RESIRV. E = Expenses. you choose to. S = Save. AND. I = Invest. in the. R = Right. V = Vehicle. - PowerPoint PPT PresentationTRANSCRIPT
Multi-Million Dollar ChoicesTM
MULTI-MILLION DOLLAR CHOICES TM
Multi-Million Dollar ChoicesTM
A one-time choice that will increase your Point of Choice assets by multi-
millions.
Multi-Million Dollar ChoicesTM
R = RecurringE = Expenses
R = Right
S = Save
V = Vehicle
I = Invest
you choose to
AND
in the
RESIRV
Multi-Million Dollar ChoicesTM
DailyWeeklyMonthly
QuarterlyAnnually
464,777
Saves $1
9864,765
14,94865,917
$ 110One Time
At age 65
20 Years Old
697,166
1,4797,148
22,37698,876
$ 165
50%Tax Match
1,394,332
2,95814,29644,752
197,752
$ 330
100%Employer
Match
2,440,081
5,17725,01878,316
346,066
$ 578
SalaryIndexMatch
464,777 697,166 1,394,332 2,440,081
$1
$1MillionDollarChoice
20 Year Old Investor65 Year Old Retiree
$1.49 $1.00 $.50 $.28Daily Investment to have $1,000,000 by age
65
Multi-Million Dollar ChoicesTM
Who wants to be a Millionaire?
Age Monthly10 $ 4.262
0$ 12.81
30
$ 38.8440 $ 121.4550 $ 421.0160 $ 2,407.36
Assumptions:Federal/State Tax – 33%Employer Match – 100%Salary Index Match – 75%Investment Yield – 11%
Multi-Million Dollar ChoicesTM
Multi-Million Dollar ChoicesTM
Daily$ .14$ .41$ 1.26$ 3.94
$ 13.72$ 78.69
Who Can Make a Million Dollar Decision Today?
Foodwww.ers.usda.gov.
Multi-Million Dollar ChoicesTM
MMDollar Choices
Cost of Food
$40 = Average per person per week
$160 = Average per person per month
$1,000 = Family of 4 kids and 2 parents
Food
$1,000
$1,000Multi-Million Dollar ChoicesTM
MMDollar Choices
30 Day Meal Plan
Menus that:1. Kids will eat2. Easy to prepare3. Nutritious4. Inexpensive5. Can easily be stored6. Purchased in bulk7. Purchased on sale
50% reduction in food expense
Food
$1,000
25%
$250$750Multi-Million Dollar ChoicesTM
MMDollar Choices
Million Dollar Choice Multipliers
20 Year Old – POC at 65
RESIRV Match
Food
$250
RESIRV Match
$5,417,250Multi-Million Dollar ChoicesTM
MMDollar Choices
Million Dollar Choice Multipliers
35 Year Old
RESIRV Match
Tax Match = 50% More
Food
Tax Match
$8,125,875$5,417,250Multi-Million Dollar ChoicesTM
MMDollar Choices
Million Dollar Choice Multipliers
35 Year Old
RESIRV Match
Tax Match = 50% More
Employer Match = 100% More
Food
Employer Match
$16,251,750$8,125,875Multi-Million Dollar ChoicesTM
MMDollar Choices
Million Dollar Choice Multipliers
35 Year Old
RESIRV Match
Tax Match = 50% More
Employer Match = 100% More
Salary Index Match = 75% More
Food
$28,440,563
Salary Index Match
$16,251,750Multi-Million Dollar ChoicesTM
MMDollar Choices
Food Aldi Grocery Stores
40% reduction in food expense
www.clarkhoward.comMulti-Million Dollar ChoicesTM
MMDollar Choices
Food1. Food
www.utahcityguide.com/new/guru
www.mygrocerydeals.comMulti-Million Dollar ChoicesTM
MMDollar Choices
Food1. Food
Multi-Million Dollar ChoicesTM
MMDollar Choices
Automobiles1. Food
Multi-Million Dollar Choice
Purchase:
Used
For Value
Drive for 10 years
$300 per Month Savings
What is Purchasing for Value?
Multi-Million Dollar ChoicesTM
MMDollar Choices
MMDollar Choices
Multi-Million Dollar ChoicesTM
Automobiles1. Food
Automobiles1. Food
What is Quality?Multi-Million Dollar ChoicesTM
MMDollar Choices
Automobiles1. Food
Multi-Million Dollar ChoicesTM
MMDollar Choices
Multi-Million Dollar ChoicesTM
Automobiles1. Food
MMDollar Choices
Automobiles1. Food
Who Was #1
Multi-Million Dollar ChoicesTM
MMDollar Choices
Automobiles1. Food2. Automobiles
www.edmunds.com
Multi-Million Dollar ChoicesTM
MMDollar Choices
5 Year True Cost to Own
There are eight components of TCO®:1. depreciation2. interest on financing3. taxes and fees4. insurance premiums5. fuel6. maintenance7. repairs8. federal tax credit that may be available
Automobiles1. Food2. Automobiles
Multi-Million Dollar ChoicesTM
MMDollar Choices
Home Purchasing Formula
Monthly Income – Primary Breadwinners
Less 10% for Tithing
Subtract Monthly Debt Payments
Multiply net monthly income by 35%
Do a Fixed Rate – 30 Year Loan
1. Food2. Automobiles3. Housing
MMDollar Choices
Multi-Million Dollar ChoicesTM
Housing
The Wealth of Great Health
1. Food2. Automobiles3. Housing
Average family medical premium $1,100 per month
Harvard Medical School
Avoid 75% of all medical expenses:
Get regular medical examinations
Establish their risk profile
Take reasonable steps to minimize their health risks
Multi-Million Dollar ChoicesTM
MMDollar Choices
The Wealth of Great Health
1. Food2. Automobiles3. Housing
www.medgle.com
www.drugdigest.org
www.hsacenter.comMulti-Million Dollar ChoicesTM
MMDollar Choices
The Wealth of Great Health
1. Food2. Automobiles3. Housing4. Health
Multi-Million Dollar ChoicesTM
MMDollar Choices
Insurance1. Food2. Automobiles3. Housing4. Health
Life Insurance Convert cash value to term
Drop ‘limited policies’ Accidental death and
dismemberment
Credit Life
Credit Disability
Travel
Health & Life
Prepare for examination
Homeowners and Auto
Multi-Million Dollar ChoicesTM
MMDollar Choices
Insurance1. Food2. Automobiles3. Housing4. Health5. Insurance
www.term4life.com
www.consumerreports.org/cro/money/insurance
Multi-Million Dollar ChoicesTM
MMDollar Choices
Debt Payments1. Food2. Automobiles3. Housing4. Health5. Insurance6. Debt
Payments
Penalty fees on loans and credit cards
Mortgage redemption
www.consumersunion.org
www.bankrate.com
Multi-Million Dollar ChoicesTM
MMDollar Choices
Expense Tracking1. Food2. Automobiles3. Housing4. Health5. Insurance6. Debt
Payments7. Expense
Tracking
www.mint.com
Multi-Million Dollar ChoicesTM
MMDollar Choices
Tax Refund1. Food2. Automobiles3. Housing4. Health5. Insurance6. Debt
Payments7. Expense
Tracking8. Tax Refund
IRS Withholding Calculator
www.irs.gov Personal Taxes
www.finance.cch.com
www.taxsites.com
Business Taxes
www.inc.com
www.smbiz.com
Multi-Million Dollar ChoicesTM
MMDollar Choices
Teen Work Opportunities
1. Food2. Automobiles3. Housing4. Health5. Insurance6. Debt
Payments7. Expense
Tracking8. Tax Refund9. Teen Work
www.sba.gov/teens/
Multi-Million Dollar ChoicesTM
MMDollar Choices
Teen Education Opportunities
1. Food2. Automobiles3. Housing4. Health5. Insurance6. Debt
Payments7. Expense
Tracking8. Tax Refund9. Teen Work10.Teen
Education
www.utahmentor.org/FinAid
Multi-Million Dollar ChoicesTM
MMDollar Choices