Welcome
Who is FPFE and what are
Our Objectives
 Introduce FPFE
 Dwayne Samples
[email protected]
 Instruct
 Initiate Action
Six Keys to
Financial Fitness
Risk Management . . . . . . . . . . . . . .
Debt and Cash Management . . . . . . . .
Asset Planning (Real Estate). . . . . . . . . .
Tax Planning . . . . . . . . . . . . .
Retirement Planning . . . . . . . . . . . .
Estate Planning . . . . . . . .
Today’s Objectives
 Have Fun!
 Leave with the Hope that you can take
the next step toward your financial
future regardless of where you are
currently!!!!
It’s a Matter of
Perspective
 If you earn $47,500 per year, you are in the
top ____% of the world income.
 If you earn $33,700 per year, you are in the
top ____% of the world income.
 If you earn $25,400 per year, you are in the
top ____% of the world income.
Just How Much is a Trillion
What's the difference between a
million, a billion, a trillion?
There are 86,400 seconds in a day
A million seconds is 12 days
A billion seconds is 31 years
A trillion seconds is 31,688 years
Roadblocks
to Financial Success
No Goals or Plans
If you have no goals, you have no direction
and no way of knowing if you’re on track.
Ignorance
To Much Consumer Debt
History of Consumer Debt
The general-purpose credit card was born in 1959
when the Bank of America established the
BankAmericard brand (later to be known as Visa) in
California.
As of mid-last year there was somewhere around
529 million Visa and MasterCard credit cards in
circulation in the US
Total US Credit card debt is approx 950 billion dollars
(Almost 1 Trillion dollars)
Procrastination
Cash Management
Cash Management
Process
 Phase One:
 Phase Two:
Assess Current Situation
Pay Attention Month to Month
Assessing Your
Current Situation
 List income
 List fixed expenses
 Make estimates for non-monthly fixed
expenses
 Determine what your Margin is
Month-to-Month
Cash Management
A ccount
A nalyze
A djust
Goals If You Have No Idea
Where to Start
Step One:
Step Two:
Step Three:
Save $1,000.00
Eliminate Consumer Debt
Build Full Emergency Fund
Emergency Fund
As a general rule, your
emergency fund should
be large enough to cover
3 - 6 months’ living expenses.
Cash Flow Traps




Not having an emergency fund
The “buying-up” problem
Non-monthly regular expenses
Invisible commitment
Taking Control of
Your Credit Cards
 Know what kind of card you’re using
 Cut back/eliminate your cards
 Report lost or stolen cards promptly
 Correct errors quickly
 Use Debt Snowball
 Shop around for a credit card
Debt Snowball Strategy
Check Your Credit Report
 Request a report
 Know your credit history before
you need it
 Check for errors
Four Ways to
Increase Your Savings
 Set goals
 Pay yourself first
 Arrange to have your savings
deposited automatically
 Start saving now for retirement
Take Action!!!
The Principle of the Path
Direction (not intention)
Determines Destination
Choosing a
Financial Professional
 Qualifications
 Specializations
 Size of clientele and firm
 Fee structure
Consultation Available
 No Charge for Initial Consultation
 E-mail [email protected]
 Office number: 678-388-5584
Six Keys to
Financial Fitness
Risk Management . . . . . . . . . . . . . .
Debt and Cash Management . . . . . . . .
Asset Planning (Real Estate). . . . . . . . . .
Tax Planning . . . . . . . . . . . . .
Retirement Planning . . . . . . . . . . . .
Estate Planning . . . . . . . .
Workshop Evaluation