disclaimer

This seminar is presented by Brett Surman as an Authorised Representative of AMP

Financial Planning Pty Limited, ABN 89 051 208 327 (“AMPFP”), AFS License No.

232706.

Any advice contained in this seminar is of a general nature only and does not constitute

personal advice. In preparing the advice no account was taken of the objectives, financial

situation or particular needs of any particular person or group. Therefore, before making

any decision, readers should consider the appropriateness of the information with regard

to their own situation.

Although the information provided in this seminar was obtained from sources considered

to be reliable, AMPFP and Provident Financial Services do not guarantee that it is

accurate or complete. Therefore readers should not rely upon this information when

making decisions. AMP does not accept any liability for any resulting loss or damage

suffered by a reader or by any other person.

Whoever said money can’t

buy happiness

was obviously spending it on the

wrong things!

- Some rich guy

DETERMINE

YOUR GOALS

1

What things are

important to you?

2

When do you want to

achieve them?

3

How much money will

you need?

4

Write it all down!

Future goals

GOAL COST WHEN

1 Buy Samsung Galaxy S4 mobile $400 6 months

2 Contiki trip to Europe for 3 weeks $3,000 2 years

3 Buy second-hand car $6,000 3 years

4 Move out of home into own apartment $5,000 6 years

5 Save deposit to buy first property $60,000 10 years

GOOD MONEY

MANAGEMENT

Meet

Callie Rogers

she won

$3,000,000

at the age of 16!

• Use separate bank

accounts

• Setup automatic

transfers

• Out of sight out of

mind

Bank smarter

• Living Expenses

• Lifestyle Expenses

• Future Expenses

Create a budget

Good money management

• Know where your money is

going

• www.getpocketbook.com

Track your spending

TIME IS

MONEY

$0

$5,000

$10,000

$15,000

$20,000

$25,000

21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55

Mark David

… David starts later but invests $1,000 a year for 25 years

Mark starts early and invests $1,000 a year for 10 years …

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

Mark David

Growth (8%)

Savings

Mark starts early and uses $10,000 to make $107,144

David starts later and uses $25,000 to make $78,954

Government

co-contribution

If you earn up to $31,920pa the Federal Government pays 50 cents for every dollar you contribute to your super fund in after-tax dollars, up to a maximum of $500 a year.

To get the maximum $500 per year, you need to put in $1,000 per year as an after tax contribution. If you earn between $31,920 - $46,920pa, your co-contribution entitlement reduces by 3.33 cents for every dollar you earn over $31,920.

$0

$30,000

$60,000

$90,000

$120,000

$150,000

$180,000

With Without

Growth (8%)

Co-Contribution

Savings

$160,722

$107,144

The effect of Mark receiving the co-contribution for first 10 years…

BEWARE THE

DEBT TRAP

Bad debt

is money you

borrow to buy

things which

decline in value

such as clothes,

cars and beer!

Good debt

is money you

borrow to invest in

assets that

produce income or

grow in value such

as property and

shares.

The longer the term of the loan the more you pay.

$0

$250,000

$500,000

$750,000

$1,000,000

$1,250,000

Home Loan - 30yrs Home Loan - 25yrs

Interest (6.0%)

Loan

Adding just 5 years onto the loan term adds $112,739

PROTECT

YOURSELF

By the age of 85, 1 in 2 men and 1 in 3 women

will have been diagnosed with cancer at some

stage of their life

For every 1 home lost to fire there are 4 homes

lost to death and 48 homes lost to disability

What are the chances?

Car being stolen

and not

recovered…

1 in 800

Making a claim

on your home or

contents…

1 in 13

Being diagnosed

with a serious

illness…

3 in 4

GET HELP FROM

YOUR TEAM

What do you need

to remember?

Determine your goals 1 Beware the debt trap 4

Time is money 3 Get help from your team 6

Protect yourself 5 Good money management 2

Fortune

favours the

brave!