Financial Education on debt reduction, retirement planning, financial management, and tax reduction.

1. Personal Financial Success Presented by: Life by One Design a division of Virtual Business Unlimited, LLC

2. Introduction “ If you want something you’ve never had, You have to do what you’ve never done!”

5. Step 1 Maximize Cashflow by Correcting Tax Withholding Over 100 million Americans have their W-4 filled out incorrectly, causing their employer to withhold too much cashflow from each check. Over withholding can cause employees to have a cashflow shortfall. Solution: Correct the W-4 and use the extra cashflow to pay off debt or invest.

6. Step 2 Maximize Cashflow by Minimizing Taxes Business owners have access to hundreds of tax deductions which employees do not. More deductions equal less taxes and more cashflow for lifestyle and investments. Solution: Keep records of all of your business activities. Some common deductions: Car and Truck Expenses, Travel, Communications Expenses, Meals and Entertainment, Wages, Interest.

8. Step 3 Maximize Cashflow by Debt Elimination Millions of Americans lose thousands of dollars annually and millions of dollars of wealth over their lifetime to debt. Example: A family spending $1,000 monthly on interest payments as they pay their debt, would spend $12,000 annually and $480,000 in 40 years. If they did not have the debt and invested the $1,000 monthly for the same period of time at 9.5% annual rate of return, they would have accumulated over $5,000,000.00* Solution: Use some of the extra cashflow to eliminate debt quickly. This frees up cashflow for lifestyle and investments. * Tax consequences have not been considered.