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

Cash flow management presentation slides<Adviser’s Name>

<Adviser name> is an Authorised Representative of RI Advice Group Pty Ltd



My Name Financial



JV logo

Disclaimer

6

Important Notice

RI Advice Group Pty Ltd, ABN 23 001 774 125, holds Australian Financial Services License Number 238429 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 23 001 774 125 AFSL 238429

Example: David and Sandra

• Inflowo Wages of $125,000 + $72,000o Lump sum inheritance - $15,000o Tax refund - $1,500

• Outflowo Mortgage - $625pf on $200,000 debto Bills - $450pwo Weekly costs – fuel $150, food $500, cash $100o Holidays - $10,000 pa and renovations - $5,000pa


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


What can I do with my money?

Key assumptions

Client name:David & Sandra

David & Sandra’s marginal tax rate 39.00%

Current date 01/04/15

Debt 200,000

rate 5.00% term 25

frequency 26

minimum pmt per period -$539.32 actual pmt 625

additional pmt per period 1000

annual total payments 42,250

Mortgage & investment comparison

Maturity Payments made

Years of payments

Total payments Capital repaid Interest paid

Normal payment schedule 12/05/2034 497 19.12 $310,625 $200,000 $110,625

With extra payments 18/08/2020 140 5.38 $227,500 $200,000 $27,500

Savings 357 13.73 $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


Combined Mortgage over 13.7 yrs

Extra $1000 pf over 19.1 yrs

Behaviour and Structure

Acct 1 Acct 2

VISA

AMEX

M/CeSaver

eSaver

WagesDavid’s wages

Sandra’s wages

Holidays

Bills

VISA

Mortgage

Food & FuelCash Wdwl

Irregular

Does this look familiar?

Hub accountOffset

MortgageMortgage

Car loanCar loan

$315 pw + ad hoc

$850 pm

Salary / wagesTax refunds,

Inheritance etc

BillsFloat $1,000

IrregularFloat $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


Sandra debit card

Step 1: A sensible structure

The RI cash flow management solution

13

Step 2: Tracking and measuring

Tracking your expenses through RI Moneysoft

Measuring the outcomes of your cash flow plan


14

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


What’s next? Building and protecting what you have

15

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 lifestyle Protect your family Retirement planning

Disclaimer

16

Important Notice

RI Advice Group Pty Ltd, ABN 23 001 774 125, holds Australian Financial Services Licence Number 238429 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.





My Name Financial



JV logo

Disclaimer

22

Important Notice

RI Advice Group Pty Ltd, ABN 23 001 774 125, holds Australian Financial Services License Number 238429 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.




• Inflowo Wages of $125,000 + $72,000o Lump sum inheritance - $15,000o Tax refund - $1,500

• Outflowo Mortgage - $625pf on $200,000 debto Bills - $450pwo Weekly costs – fuel $150, food $500, cash $100o Holidays - $10,000 pa and renovations - $5,000pa


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


What can I do with my money?

Key assumptions

Client name:David & Sandra

David & Sandra’s marginal tax rate 39.00%

Current date 01/04/15

Debt 200,000

rate 5.00% term 25

frequency 26

minimum pmt per period -$539.32 actual pmt 625

additional pmt per period 1000

annual total payments 42,250

Mortgage & investment comparison

Maturity Payments made

Years of payments

Total payments Capital repaid Interest paid

Normal payment schedule 12/05/2034 497 19.12 $310,625 $200,000 $110,625

With extra payments 18/08/2020 140 5.38 $227,500 $200,000 $27,500

Savings 357 13.73 $83,125

This is only $26,000 of the “missing” $66,000


Acct 1 Acct 2

VISA

AMEX

M/CeSaver

eSaver

WagesWages1

Wages2

Holidays

Bills

VISA

Mortgage

Food & FuelCash Wdwl

Irregular

Does this feel familiar?

Hub AccountOffset

MortgageMortgage

Car LoanCar Loan

$315 pw + ad hoc

$850 pm

Salary / wagesTax refunds,

Inheritance etc

BillsFloat $1,000

IrregularFloat $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


Person 2 debit card

Step 1: A sensible structure


28

Step 2: Tracking and measuring

Tracking your expenses through RI Moneysoft

Measuring the outcomes of your cash flow plan


29

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


What’s next? Growing and protecting what you have

30

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 have Protect your lifestyle Your retirement strategy

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

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