Core Financial Concepts

Hello and Happy Weekend. My name is Brian Blaha. I have two great passions. I hire, train and develop ordinary people to do extraordinary things. Most people want to become Business Owners but doubt they ever could or would. IF YOU REALLY WANT TO DO SOMETHING, YOU WILL FIND A WAY. IF YOU DON'T, YOU WILL FIND AN EXCUSE.

I'm also passionate about Financial Education. The typical firm caters to a certain net worth individual and above, or a certain income level and above. What I have found is that millions of families have been just left behind to figure out the money game all on their own, and most are losing ground, not gaining it, right?

What does that mean? In a nutshell most families are living paycheck to paycheck, above and beyond their means, they are up to their ears in debt. Are not properly prepared to handle most of the emergencies or adversity life will throw them financially. They have almost no money in savings. Are clueless about retirement, and really most people are 6 months away from bankruptcy if, heaven forbid, they lost their job, health or a breadwinner. Wouldn't you agree that is about where most people are these days?

Let's talk about preparing for your future. Charting your financial future begins with these core concepts.

The 6 Steps to Financial Independence:

Cash Flow | Earn additional income | Manage expenses

Debt Management | Consolidate debt | Strive to eliminate debt

Emergency Fund | Save 3-6 months' income | Prepare for unexpected expenses

Proper Protection | Protect against loss of income | Protect family assets

Build Wealth | Strive to outpace inflation & reduce taxes | Professional money management

Preserve Wealth | Reduce taxation | Build a family legacy

Life Insurance. How much do you need?

Age, health, debts, dependents, income and a variety of other factors should all be considered. However, the basic rule of thumb is approximately 10X YOUR ANNUAL FAMILY INCOME.

The 3-Legged Stool: A Broken Traditional Retirement Model

Past retirees often enjoyed a combination of a company pension, a Social Security check, and their personal savings. With this traditional model all but gone, a new retirement strategy focused on personal responsibility is needed.

The High Cost of Waiting. Time: Your worst enemy or greatest ally. The best way to put time on your side is to start saving today.

The Rule of 72. It’s important to manage your rate of return and risk.

If you divide 72 by the rate of return being earned, you will obtain the approximate number of years required for your initial savings to double. For example, the Rule of 72 tells us that an investment earning a constant 8% rate of return should double approximately every 9 years.

So, if you made a $10,000 investment at age 29, with an 8% rate of return, it should grow to about $160,000 by age 65.

The Impact of Losses. It hurts more than you think. If you lose 50% of $10,000, what rate of return does it take to get back to $10,000?

A 50% gain only gets you back to $7,500. A 100% gain is required to fully recover a 50% loss.

What Does Your Future Hold?

Client

? Consider becoming a client if you do not need additional income or if you’re satisfied with your career.

? Take advantage of our strategies to help you chart your path to financial independence.

Part-time Career

Consider becoming a part-time associate and enjoy the benefits of self-employment.

? Licensing, commissions, technology and great field training programs help you get off to a quick start.

? Control your time and create a career on your terms.

Full-time Career

If you’re interested in a career in financial services, consider becoming a full-time associate.

? Build a business as big as your commitment and vision.

? Earn incentives: bonus pools, overrides, and renewals and trails

For more information, please don't hesitate to contact me. I will be happy to help pro-bono.

?Brian Blaha
Business Owner

(847) 590-8779 x110 (w)
(847) 610-0026 (m)
(888) 570-9897 (f)

3601 Algonquin Road
Suite 326
Rolling Meadows, IL 60008
United States

You can never have too many friends!