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BUILD WEALTH &
KEEP IT
Most people think that to get ahead they must:•Work harder•Stop spending•Take more risks
© 2012 Private Family Banking. All Rights Reserved.
THERE ARE 3 WAYS TO VIEW MONEY
1) As a Spender
2) As an Investor or
3) As a Banker
© 2012 Private Family Banking. All Rights Reserved.
Let's Look at Spending Money on Cars
© 2012 Private Family Banking. All Rights Reserved.
THERE ARE 3 WAYS TO BUY A CAR
• Borrow Cash• Pay Cash• Private Family Banking
© 2012 Private Family Banking. All Rights Reserved.
Go to Buying Cars Graph
© 2012 Private Family Banking. All Rights Reserved.
THE INVESTOR
● Views money as a way to buy investments (i.e., he trades his money for an investment that he hopes will go up in value)● Every investment exposes him to risk● Every gain costs him taxes
The Investment Risk Game
% Loss To Recover % Gain Required
10% 11%
20% 25%
30% 43%
40% 67%
50% 100%
60% 150%
70% 233%
80% 400%
90% 900%
100% You're Broke
THE EFFECT OF TAXES
Taxes destroy your money’s growth.
Go to Effect of Taxes Calculator
© 2012 Private Family Banking. All Rights Reserved.
THE BANKER
● Views money as a way to make money● Every purchase is an opportunity to gain● Always keeps his money working
COMPOUND INTEREST
The interest earned on accumulated interest.
© 2012 Private Family Banking. All Rights Reserved.
Einstein called it the most powerful force in the universe.
© 2012 Private Family Banking. All Rights Reserved.
THE WEALTH CURVE
MONEY WORKING OVERTIME
THE COST OF FALLING OFF THE WEALTH CURVE
© 2012 Private Family Banking. All Rights Reserved.
9220 30 40 50 60 70 80
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
Age
THE COST OF FALLING OFF THE WEALTH CURVE
THE COST OF FALLING OFF THE WEALTH CURVE
© 2012 Private Family Banking. All Rights Reserved.
THE COST OF FALLING OFF THE WEALTH CURVE
22 27 34 41 48 55 62 80$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
Age
EVERY PURCHASE COSTS US INTEREST
We either:
PAY UP orGIVE UP
What if we could use our own money without giving up the
interest it would earn?
© 2012 Private Family Banking. All Rights Reserved.
STARTING PRIVATE FAMILY BANKING
• Create a pool of money• Put the money to work earning compounding• Use the pool of money as collateral when you
need cash
© 2012 Private Family Banking. All Rights Reserved.
PRIVATE FAMILY BANKING
●We use the same financial instrument that banks use to park their money in a safe place and get guaranteed growth.
●BOLI or Bank Owned Life Insurance is held by most banks and recommended by the FDIC.
●Permanent Life Insurance is a safe, liquid way to hold and use capital.
© 2012 Private Family Banking. All Rights Reserved.
WE CUSTOMIZE YOUR LIFE INSURANCEPOLICY SO IT GIVES YOU:
• Liquidity• Safety• Guaranteed growth• Protection from taxes• Protection from judgments (lawsuits)
© 2012 Private Family Banking. All Rights Reserved.
4 YEARS PAYING $5k ANNUALLY
Cash Accumulation Comparison© 2012 Private Family Banking. All Rights Reserved.
0 Year 1 Year 2 Year 3 Year 4
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
20000
Term
Typical Whole Life
PFB Optimized Whole Life
Cash V
alue
PRIVATE FAMILY BANKING
© 2012 Private Family Banking. All Rights Reserved.
If you control your own banking system,you can CAPTURE THE INTEREST that you’ve been paying (never to be seen again!) to someone else.
AVERAGE AMERICAN SPENDS $$
© 2012 Private Family Banking. All Rights Reserved.
Go to Income CalculatorAutos Housing Living Savings
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
Payments
34.5% IS SPENT ON INTEREST!
© 2012 Private Family Banking. All Rights Reserved.
Autos Housing Living Savings0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
PrincipalInterest
© 2012 Private Family Banking. All Rights Reserved.
Autos Housing Living Savings0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
SavingsMortgage InterestAuto InterestLiving Exp. Interest
CAPTURE THE INTERESTYou Have Been Paying to Others!
NOW YOU ARE THE BANKER
© 2012 Private Family Banking. All Rights Reserved.
Premiums or Payments
MoneyPool
MORTGAGES
CREDIT CARDS
CARS
RECAPTURE THE INTERESTBEING SPENT ON INTEREST
© 2012 Private Family Banking. All Rights Reserved.
Autos Housing Living Savings0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
45.00%
SavingsMortgage InterestAuto InterestLiving Exp. Interest
PRIVATE FAMILY BANKING
© 2012 Private Family Banking. All Rights Reserved.
1 2 3 4 5 6 7 8 9 10111213141516171819202122232425262728293031323334353637383940
-2000000
-1500000
-1000000
-500000
0
500000
1000000
1500000
2000000
Savings Cars Credit Cards etc. Mortgage
Years
Dol
lars
PRIVATE FAMILY BANKING
© 2012 Private Family Banking. All Rights Reserved.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
-2000000
-1500000
-1000000
-500000
0
500000
1000000
1500000
2000000
Savings Cars Credit Cards etc. Mortgage
Years
Dol
lars
BENEFITS OF PRIVATE FAMILY BANKING• Life Insurance (Death Benefit)• Major Medical (compare to an HSA)• Disability Protection (using a Rider)• Guaranteed Access (Emergency Fund)• College Savings (compare to a 529 Plan)• Retirement (compare to IRA or 401(k))• Asset Protection in case of lawsuit• Tax Protected growth (compare to ROTH) • Estate Planning Tool (compare to a trust)
© 2012 Private Family Banking. All Rights Reserved.
© 2012 Private Family Banking. All Rights Reserved.
“Everyone should be in two businesses:What they do for a livingand the banking business.”– R. Nelson Nash
Our Thank You for attending this
presentation entitles you to a free financial
analysis. Appointment about an hour.
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