CREATING WEALTH IN AMERICA

1
CREATING WEALTH IN AMERICA

• Utilizing Tax Advantages
• The E-Commerce Explosion
• Passive Income Vehicles

2
WHERE ARE WE TODAY?

• 2.2 Million People are expected to file Personal
  Bankruptcy this year!
• Mostly due to massive Credit Card debt!
• The Average Family has over 7,000 in Credit Card
  debt!

3
MONEY MANGEMENT POLL

• 80 of the Households in America believe they are
  falling behind financially!

4
LOU HARRIS POLL

• 96 of the people who lay awake at night are
  worrying about
• Their HEALTH or
• Their FINANCES!

5
FORTUNE MAGAZINE

• If the Average Baby Boomer expects to have money
  into their 80s they will need

1.5 MILLION DOLLARS In a Retirement Account!
6
THE REALITY IS SHOCKING!

• According the The Social Security Administration
  At Age 65
• 36 are Deceased
• 54 are Dependent on Family or Welfare
• 5 are Still Working
• 4 are Well To Do and only
• 1 are WEALTHY!

7
YES BELIEVE IT OR NOT!

• At Age 65
• 90 are either Dead or
• DEAD BROKE!

8
WHAT ABOUT YOU?

• Do you have a Plan to put away at least
• 1.5 MILLION DOLLARS?
• AND EVEN IF YOU DO
• Think about all the people who
• DO NOT!

9
WHAT WOULD IT TAKE

• You have 150,000.00 in the bank
• You are 45 years old
• You want 1.5 Million in 20 years
• How much do you need to save?

10
LETS SEE

• You would need 1,350,000.00
• To have this amount working with 8
• You would have to save a mere
• 2291.94 Per Month for 20 Years
• 27,503.29 Per Year

11

• GOT AN EXTRA 27,500.00
• LAYING AROUND?

12
REMEMBER THE WEALTHY?

• The 1 that Retire Wealthy
• Do You Know How 74 Got Wealthy?
• They are in Business for Themselves!
• BUT Few take Actually take Action!
• Most only Dream about being in Business!

13
THE BUSINESS KILLERS

• Start-Up Costs
• Payroll
• Inventory Costs
• Equipment Costs
• Liability Insurance
• Competition
• Overhead

• Theft / In / Outside
• The Economy
• Regulations
• Advertising Costs
• Debt Service
• Consulting Fees
• Employees

14
THERE IS A BETTER WAY!

• It is Possible to make it BIG in Business and
• TOTALLY AVOID
• all of the Typical Obstacles associated with
  Being in Business!

15
START A HOME BUSINESS!

• One of the Fastest Growing Trends In America
  today!
• Every 11 Seconds Someone starts a New Business
  Venture from Home!
• Why a Home Business?

16
WHY A HOME BUSINESS?

• TWO BIG REASONS!

17
HOME BUSINESS?

• Did you know the Average income of a Home-based
  business is over
• 50,250 annually!
• Nearly twice the Average American wage earned!

18
HOME BUSINESS?

• 30 Earn Incomes of 60,000 Annually!
• 20 Earn Incomes between 100,000 and 500,000
  Annually!

19
GO SEE YOUR RICH UNCLE!

• You Know, Your Rich Uncle Sam!

20
HOW MANY OF THESE THINGS DO YOU HAVE?

• House Payment
• Rent Payment
• Electric Bill
• Phone Bill
• Home Insurance
• Car Payment
• Car Insurance

• A J.O.B.
• A Commute to Work
• Lunch Breaks
• Children at Home
• College Plans
• Wedding Plans
• Vacations

21
AS AN EMPLOYEE WORKING FOR SOMEONE

• ALL of these items are Non-Deductible Personal
  Expenses!
• However If you had a Business in your Home
• All of these could be Deductible Business
  Expenses!

22
DEDUCTIBLE BUSINESS EXPENSES?

• According to the Tax Reduction Institute
• The Average Home Business realizes additional
  tax deductions every year of over

• 15,000.00

23
WRITE OFF A PART OF EACH OF THESE!

• House Payment
• Rent Payment
• Electric Bill
• Phone Bill
• Home Insurance
• Car Payment
• Car Insurance

• Average Write Off
• 15
• 15
• Up to 100
• 15
• 78
• 78

24
WRITE OFF A PART OF EACH OF THESE!

• A J.O.B.
• Commute
• Lunch Breaks
• Children at Home
• Kids College
• Kids Wedding
• Travel

• Not Yet!
• Ride Home 31Cents
• 50
• 4000.00 /Year
• Tax Free
• Tax Free
• 100

25
HERE IS YOUR 27,500!

• Between Tax Savings and
• Added Part-time Income
• BECOMING WEALTHY JUST GOT A WHOLE LOT EASIER!

26
THE HOTTEST TREND IN AMERICA TODAY

• HOW YOU CAN CAH IN! BIG TIME!