Post on 11-Apr-2017
CASH-FLOWKINGS AND
QUEENS
What You Need To Know
This session and all the information and content it contains is general in nature only. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider you financial situation and needs before making any decisions based on this information. K JACOBSEN ABN 86 179 514 695 trading as Nextgen Financial Services is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited, Australian Financial Services Licensee and Australian Credit Licensee.Further, Nextgen FS and AMP Financial Planning does not accept any responsibility arising in any way (including by reason of negligence) for errors in, and omissions from, the information appearing in this budget planner and does not accept any responsibility for any loss or damage, however caused, as a result of any person relying on any information appearing in this session.
01A Cash flow King/Queen
Mindset
02Three fundamental steps to cash flow
mastery
03An Example Of A Proven, simple and effective
cash-flow system
OutlineWhat we’ll cover
About Kristin Freddy Jacobsen I AMHERE TO…
Enable people to live their best life possible through purpose drive wealth
My Why
• Help you make smart choices about your money
• Get your entire financial house in order
• Reach your purpose driven financial goals
A Cash flow King/QueenMindset
The value of money
Cash-flow is the core Investing
Debt Management
Backup plan
Cash-flow
Australia’s Debt Appetite
Adjusting for inflation, Australia’s average household debt is four times what it was 27 years ago
Australia’s Debt Appetite
The ratio of household debt to disposable income has almost tripled since 1988, from 64% to 185%.
Australia’s Debt Appetite
If interest rates were to rise by 2.5%, households with the top 10% of debt
would see their repayments rise from 37.3% of their disposable income to 52.7%.
Don’t go broke trying to look rich
$45,000 per yearSpend $44,000
+ $1,000
$240,000 per yearSpend $241,000
- $1,000
3 Fundamental Steps To Cash-flow Mastery
STEP 1
Create an automatic, cash flow system
Keep it simple
Automate it
STEP 2
Use Virtual Money Jars
What we can learn from grandparents
Easy feedback system
STEP 3
Track it
All Your Finances in one place
Easy and automatic cash flow tracking
An example of a proven, simple and effective cash-flow system
Example
PER WEEK$1,000 net income
$500 Living expense + $100 emergency buffer (60%)$100 fun (10%) and $100 lifestyle expenses (10%)
$200 towards grow fund (20%)
Results
$100 per week each to spend on whatever$5,200 per year for a holiday, deposit for car etc. $10,400 per year off debt or to grow your wealth
Less stress and better quality of life
01A Cash flow King/Queen
Mindset
02Three fundamental steps to cash flow
mastery
03An Example Of A Proven, simple and effective
cash-flow system
SummaryAnd Action Items
SummaryAnd Action Items
1. Download the cash flow success blue print (Free)
2. Setup Your Free My Prosperity Wealth Trial (Free)
3. Book in a Financial Roadmap Session ($149)(Valid until the following Friday)
Tip of the icebergInvesting
Debt Management
Backup plan
Cash-flow
Connect with us
nextgenau
nextgenau
Kristin Jacobsen
Ngfs.com.au
Thank you!Have a great week/end