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Freedom.

Freedom. Choice. Options. The ability to change careers, the option to buy a new car, the power to take a vacation. By applying the financial principles of successful corporations to your personal finances, we empower you to take control of your future.

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Freedom.

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  1. Freedom. Choice. Options The ability to change careers, the option to buy a new car, the power to take a vacation. By applying the financial principles of successful corporations to your personal finances, we empower you to take control of your future. M.Y.O.B.U. is a community of people, resources and courses. We are the secret weapon of successful people. Taking a whole life approach to finances, we consider how each financial decision affects your overall happiness and wealth. We specialize in breaking it down into simple obtainable steps.

  2. WEALTHY PLACE STEPS TM HIRE YOURSELF MANAGE YOUR EMPLOYEES FIRE YOUR DEBT PAY YOURSELF USE YOUR EMPLOYESS WISELY GROW AND GIVE ENJOY YOUR WEALTHY PLACE

  3. HOW TO BUDGET The average Kellogg Graduate earns $130,000 salary per year 60% $78,000 actual take home 3% $3,900 retirement 4% $ 5,200 Insurance PRIORITIZE THEN ALLOCATE Walk through all your expenses & spend the money on paper or in the M.Y.O.B.U. App before you get paid. 33% $42,900 taxes

  4. RECOMMENDED PERCENTAGES GIVING 10% GOALS 10% LIVING 30% HOUSING 25% UTILITIES 5% TRANSPORTATION 10% INVESTING 10% DEBT 0% TRACK IT Tracking your expenses with the M.Y.O.B.U. app is the only way to know where you stand financially.

  5. debt M.Y.O.B.U. IS ABOUT GIVING YOU FREEDOM, CHOICE & OPTIONS. Eliminate debt immediately so you can • Travel • Choose where you work • Enjoy your life • Choose where you live AVERAGE KELLOGG GRADUATE’S STUDENT LOANS First payment due 6 months after graduation $175,000 Total Borrowed $2,030 /mo. 7% Interest at 10 Years $69,000 7otal Interest Paid 40% of Amount Borrowed $244,000. Total Payments

  6. debt WHAT YOU COULD HAVE DONE WITH $69,000 46 Louis Vuitton Handbags 69 Pairs of Christian Louboutin’s 3 Presidential Rolex Watches 7 Five Star Trips BMW 5 Series (in cash) Furnish your Home 230 Bottles of Ace of Spades Champagne 35 Full Sets of Callaway Golf Clubs

  7. Debt: WHAT IF Let’s imagine you follow the M.Y.O.B.U. suggestions and pay off your student loans in 5 years instead of 10. You’d save: $36,000 In interest payments 5 YEARS of your life IF YOU INVESTED THAT $36,000 IT WOULD BE: (At $600 per month for the 5 years after paying off your student loans) 5 YEARS 10 YEARS 20 YEARS 30 YEARS 40 YEARS $15,000 $54,000 $244,000 $834,000 $2,664,000 Earnings Value $51,000 $90,000 $280,000 $870,000 $2,700,000 How many years earlier could you have retired? Imagine, if you continue over paying for all the major life purchases, wedding, car, house, furniture etc.

  8. What you Drive TRANSPORTATION 10% WHAT’S IN THE PERCENTAGE: • Car payment (not rec.) • Auto Insurance • Tolls • Maintenance • Gas • Parking & Storage Fees LIFE TIME CAR COSTS $324,000 $516,000 $780,000 Midsize Sedan ($27k) Pickup Truck ($43k) Luxury Car ($65k)

  9. What you Drive HOW LONG YOU DRIVE IT New Luxury Car Every 4 YEARS 5 YEARS 6 YEARS 12 Cars 9 Cars 8 Cars Cars from age 30-75 $780,000 $585,000 $520,000 Single DOUBLE if you get married $1,560,000 $1,170,000 $1,040,000 Keeping a car just 1 year longer significantly lowers the total lifetime spending by $195,000. Double that if you plan to get married. Plan on have kids? Each one of them will need a car too.

  10. WHERE YOU LIVE HOUSING 25% WHAT’S IN THE PERCENTAGE:: • Rent • Renter’s Insurance • Mortgage • Home Owner’s Insurance • Hazard Insurance • Property Taxes • Home Owner’s Association Fees

  11. WHERE YOU LIVE BEFORE YOU BUY A HOUSE Know the area Distance from frequently traveled places Ensure work permanence Prove consistency with income and discipline with budget Debt free Save Full Emergency Fund Save 20% Downpayment Housing is still 25% or less of income

  12. THE BONUS The average Kellogg graduate receives a signing bonus of $24,000. Here’s how I’d spend it: M.Y.O.B. UNIVERSITY COURSE 1 FINANCIAL UNDERSTANDING APARTMENT DEPOSIT UTILITY DEPOSIT MOVING EXPENSES PAYING BILLS UNTIL THE FIRST CHECK SAVE $1,000 EMERGENCY FUND FIRE YOUR DEBT

  13. WE'D LOVE TO HELP YOU • Determine what things are important to you and help you achieve them • Prioritize your expenses to create a budget • Save for an emergency and identify what to do in an emergency • Devise a plan that helps you achieve your dreams for cars, marriage, a house, kids vacations and other major life events and still be rich • Develop a plan to eliminate your student loans, credit card and all debt in 3 years www.myobuniversity.com facebook.com/myobuniversity

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