Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd My Name Financial

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd JV logo

Disclaimer 5 Important Notice RI Advice Group Pty Ltd, ABN , holds Australian Financial Services License Number and is licensed to provide financial product advice and deal in financial products such as: deposit and payment products, derivatives, life products, managed investment schemes including investor directed portfolio services, securities, superannuation, Retirement Savings Accounts. The information presented in this seminar is of a general nature only and neither represents nor is intended to be specific advice on any particular matter. RI Advice Group strongly suggests that no person should act specifically on the basis of the information contained herein but should obtain appropriate professional advice based on their own circumstances. RI Advice Group Pty Ltd | ABN AFSL

Example: David and Sandra Inflow o Wages of $125,000 + $72,000 o Lump sum inheritance - $15,000 o Tax refund - $1,500 Outflow o Mortgage - $625pf on $200,000 debt o Bills - $450pw o Weekly costs – fuel $150, food $500, cash $100 o Holidays - $10,000 pa and renovations - $5,000pa

Example: David and Sandra IN OUT Salary / wages $ 143,916 Bills $ 23,400 Investment $ - Weekly spend $ 39,000 Irregular $ 16,500 Debt repayment $ 16,250 Debt blowouts & savings drawdowns $ - Investment $ - Irregular $ 15,000 $ - TOTAL $ 160,416 TOTAL $ 93,650 Missing cash flow $ 66,766

Example: David and Sandra What can I do with my money? Key assumptions Client name: David & Sandra David & Sandra’s marginal tax rate39.00% Current date01/04/15 Debt200,000 rate5.00% term25 frequency26 minimum pmt per period-$ actual pmt625 additional pmt per period1000 annual total payments42,250 Mortgage & investment comparison MaturityPayments made Years of payments Total paymentsCapital repaidInterest paid Normal payment schedule12/05/ $310,625$200,000$110,625 With extra payments18/08/ $227,500$200,000$27,500 Savings $83,125 This is only $26,000 of the “missing” $66,000

Investing the payments saved Assumed annual earning rate before tax 9% Gross value of the 357 payments saved $580,125 Value of the 357 payments of $1625 if invested pre-tax in super over 13.7 years$1,427,111 Value of the 357 payments of $1625 if invested outside super over13.7 years$864,557 Value of 497 payments of $1000 invested pre-tax in super over 19.1 years$1,566,031 Value of 497 payments of $1000 invested outside super 19.1 years$877,501 Example: David and Sandra Combined Mortgage over 13.7 yrs Extra $1000 pf over 19.1 yrs

Behaviour and Structure Acct 1Acct 2 VISA AMEX M/C eSaver Wages David’s wages Sandra’s wages Holidays Bills VISA Mortgage Food & Fuel Cash Wdwl Irregular Does this look familiar?

Hub account Offset Mortgage Car loan $315 pw + ad hoc $850 pm Salary / wages Tax refunds, Inheritance etc Bills Float $1,000 Irregular Float $100 Weekly (David) Float $1,000 Weekly (Sandra) Float $1,000 $300 pw $50 pw $450 pw DDR & BPay David debit card [SAV] [CHQ] [SAV] [CHQ] $700 pw Behaviour and Structure Sandra debit card Step 1: A sensible structure

The RI cash flow management solution 12 Step 2: Tracking and measuring Tracking your expenses through RI Moneysoft Measuring the outcomes of your cash flow plan

The RI cash flow management solution 13 Step 3: Your goals Buy my first home Take a few months off work and travel the world Save for my dream wedding Have a baby and retain my comfortable lifestyle Buy a new car Upgrade my lifestyle Buy an investment property Debt consolidation

The RI cash flow management solution What’s next? Building and protecting what you have 14 Once you have set the foundations for managing your finances you can look at other wealth management strategies including: Investment opportunities. Your personal protection plan. Your retirement plans – even if you are not ready to think about these yet, having a long term strategy will put you ahead of the game. Build a better lifestyleProtect your familyRetirement planning

Disclaimer 15 Important Notice RI Advice Group Pty Ltd, ABN , holds Australian Financial Services Licence Number and is licensed to provide financial product advice and deal in financial products such as: deposit and payment products, derivatives, life products, managed investment schemes including investor directed portfolio services, securities, superannuation, Retirement Savings Accounts. The information presented in this seminar is of a general nature only and neither represents nor is intended to be specific advice on any particular matter. RI Advice Group strongly suggests that no person should act specifically on the basis of the information contained herein but should obtain appropriate professional advice based on their own circumstances. RI Advice Group Pty Ltd | ABN AFSL

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd My Name Financial

Cash flow management presentation slides is an Authorised Representative of RI Advice Group Pty Ltd JV logo

Disclaimer 21 Important Notice RI Advice Group Pty Ltd, ABN , holds Australian Financial Services License Number and is licensed to provide financial product advice and deal in financial products such as: deposit and payment products, derivatives, life products, managed investment schemes including investor directed portfolio services, securities, superannuation, Retirement Savings Accounts. The information presented in this seminar is of a general nature only and neither represents nor is intended to be specific advice on any particular matter. RI Advice Group strongly suggests that no person should act specifically on the basis of the information contained herein but should obtain appropriate professional advice based on their own circumstances. RI Advice Group Pty Ltd | ABN AFSL

Example: David and Sandra Inflow o Wages of $125,000 + $72,000 o Lump sum inheritance - $15,000 o Tax refund - $1,500 Outflow o Mortgage - $625pf on $200,000 debt o Bills - $450pw o Weekly costs – fuel $150, food $500, cash $100 o Holidays - $10,000 pa and renovations - $5,000pa

Example: David and Sandra IN OUT Salary / wages $ 143,916 Bills $ 23,400 Investment $ - Weekly spend $ 39,000 Irregular $ 16,500 Debt repayment $ 16,250 Debt blowouts & savings drawdowns $ - Investment $ - Irregular $ 15,000 $ - TOTAL $ 160,416 TOTAL $ 93,650 Missing cash flow $ 66,766

Example: David and Sandra What can I do with my money? Key assumptions Client name: David & Sandra David & Sandra’s marginal tax rate39.00% Current date01/04/15 Debt200,000 rate5.00% term25 frequency26 minimum pmt per period-$ actual pmt625 additional pmt per period1000 annual total payments42,250 Mortgage & investment comparison MaturityPayments made Years of payments Total paymentsCapital repaidInterest paid Normal payment schedule12/05/ $310,625$200,000$110,625 With extra payments18/08/ $227,500$200,000$27,500 Savings $83,125 This is only $26,000 of the “missing” $66,000

Behaviour and Structure Acct 1Acct 2 VISA AMEX M/C eSaver Wages Wages1 Wages2 Holidays Bills VISA Mortgage Food & Fuel Cash Wdwl Irregular Does this feel familiar?

Hub Account Offset Mortgage Car Loan $315 pw + ad hoc $850 pm Salary / wages Tax refunds, Inheritance etc Bills Float $1,000 Irregular Float $100 Weekly (Dad) Float $1,000 Weekly (Mum) Float $1,000 $300 pw $50 pw $450 pw DDR & BPay Person 1 debit card [SAV] [CHQ] [SAV] [CHQ] $700 pw Behaviour and Structure Person 2 debit card Step 1: A sensible structure

The RI cash flow management solution 27 Step 2: Tracking and measuring Tracking your expenses through RI Moneysoft Measuring the outcomes of your cash flow plan

The RI cash flow management solution 28 Step 3: Your goals Pay off the mortgage Save for private school fees Boost my super so I can retire sooner Buy a new car Put some money aside for future grandchildren Take control of my finances Understand my cost of living Debt consolidation

The RI cash flow management solution What’s next? Growing and protecting what you have 29 Once you have set the foundations for managing your finances you can look at other wealth management strategies including: Investment opportunities. Your personal protection plan. Your retirement plans. Enjoy what you haveProtect your lifestyle Your retirement strategy