Building True WealthFinancial Seminar

with Jerry & Jennifer Robinson

11 Ways to Increase Your Savings

You Will Have Homework!

Be Ready…

Frightening Statistics in America

- 30% have no savings at all- 40% have less than $500- 50% would not last 3 months without a paycheck

Why??????

11 Ways to Increase Your Savings

Your Homework….

Pick at least 3 to implement now

Here We Go…

#1 Determine Your Biggest Savings Goal

Retire at age 55Give away $1 million in my lifetimeTravel to 20 different countriesSpend every day with my children/family

Begin with the end in mind.

#2 Set Your Monthly Profit Rate

In all labor there is profit, but idle chatter leads only to poverty.

- Proverbs 14:23 (NKJV)

Are You “Profiting” From Your Labor?

The Profit Principle

PROFIT = SAVINGS

Are You Working for Zero, Even Negative, Profit??

The Profit Principle

Set Your Profit Rate!

We suggest working towards a 15% profit rate

Are You Working for Zero, Even Negative, Profit??

#3 Meet Monthly With Your Spouse

Schedule ItSet Your Goals and Timeframes to Reach

Those GoalsDon’t Let It Get BoringStart Dreaming…Good Communication is the Key!You Can’t Reach Your Goals Until You Set Your Goals

#4 Set a Spending Budget

Be RealisticUse the “Cash Envelope” SystemHave Your Kids Create a Budget AlsoCreate a Rewards System for Sticking to

a Budget (Everyone loves incentives!)

Don’t Let Corporations Tell You How to Spend Your $$

#5 Plug the Cash Leak

$100 Cable/Dish$15 Satellite Radio$50-$80 Unlimited Text & Internet on

Smartphone$200+ Lawn Care or Housecleaning Service$40 Gym Membership$10 Movie Ticket

Can I Live Without It?

Ask For Discounts…

AAA Member Discount (we paid for the $50 fee in the first discount!)

Discounts through your employerCoupons…but be carefulTry Bartering for certain services

You Are Never Saving $$ When You Are Spending It

#6 Try Homemade Month

Here’s the Challenge:

No eating outNo vending machine snacksNo Starbucks CoffeeMake Everything at Home For an Entire

Month

Single Person One-Month Savings: $136

#7 Hold an Online Auction or Sale

Ebay.comCraigslist.orgAmazon.comGood Old-Fashioned Garage Sale

The Difference Between Wealthy & Poor

#8 Make Gifts for Every Occasion

What are your hobbies?Can you sew, knit, do woodwork, cut hair, do

nails….the list is endlessMore planning is involved, but worth it!

Create Meaningful Gifts…Save Money

Remember the Consumption Trap…

DSLBuild a Diversified Six Month

Liquid Savings Reserve

TM

#9 Diversify Your Savings

Because there are 10 eroding factors of money!

The DSL Savings Strategy

Example Diversification Strategy:

1/3 U.S. Dollars1/3 Precious Metals1/3 Stable Foreign Currencies

Diversification is not just for investments.

2004-2008 1999-2008 1990-2008

-10.00%

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00% DSL Savings™ vs. Regu-lar Savings

Savings Allocated US$ Only

MakersGroup Financial, LLC ©2010

5-Year (2007-2011)

10-Year (2002-2011)

20-Year (1992-2011)

-10%

40%

90%

140%

190%

240%'DSL' Savings vs. Regular Sav-

ings

DSL Savings US$ Only

#10 Get the Match on Your 401(k)

Don’t Turn Down Free MoneyConsider a Roth 401(k) OptionConsider Professional Investment HelpBeware of Government Controlled Retirement

Plans

It’s Hard to Find a 100% Return Anywhere Else

#11 Begin an Exercise RoutineImprove Your Health = Lower Healthcare

Costs in the Long-RunReplace Costly Outings With Free ActivitiesImprove Your Sleep = Improved

Productivity= More Money

What Good Is Wealth Without Good Health??

Proverbs 6:6-11 (NAS)

6 Go to the ant, O sluggard,Observe her ways and be wise,

7 Which, having no chief,Officer or ruler,

8 Prepares her food in the summerAnd gathers her provision in the

harvest.

Proverbs 6:6-11 (NAS)

9 How long will you lie down, O sluggard?When will you arise from your sleep?

10 A little sleep, a little slumber,A little folding of the hands to rest.11 Your poverty will come in like a

vagabondAnd your need like an armed man.

11 Ways to Increase Your Savings

Your Homework….

Pick 3 Strategies to Implement Now!

Be the ant…not the sluggard

Final Word…What About Debt?

- Give to God first - Begin saving immediately - Pay down debts with highest interest rate first

For More on Eliminating Debt…

Call Tom Coates

(877) 366-5158

www.ChristianDebtCoach.org

A Christian’s Guide to the Rise and Fall of the U.S. Economy

Provides a spiritual perspective of the economic crisis

Explains our DSL Savings Strategy

Details 21 income streams you can create now and in retirement

Building True WealthFinancial Seminar

www.ftmdaily.com