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Congratulations! You are taking a step toward Financial Independence!

Congratulations! You are taking a step toward Financial Independence! You must do 3 things to become a millionaire: Pay all credit cards off monthly - do not carry credit card debt. Make and Keep a reasonable budget - this takes discipline and self denial. Maximize your ROTH IRA every year.

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Congratulations! You are taking a step toward Financial Independence!

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  1. Congratulations! You are taking a step toward Financial Independence! You must do 3 things to become a millionaire: • Pay all credit cards off monthly - do not carry credit card debt. • Make and Keep a reasonable budget - this takes discipline and self denial. • Maximize your ROTH IRA every year. *Use a reputable known company with diversified mutual funds. Money will not bring you happiness and it will not define who you are. It is not sacred; it is just a tool. Use this tool to be a positive influence in your family and community. • If you have questions or suggestions, please contact Hank Brown at 8314028993 or henrydbrown@aol.com. • This workbook & other tools can be found at www.hankbrown.org.

  2. Ensign/ 2ndLt Budget Hank Brown Major USMC

  3. freedom to choose my work or leisure. -OR- obligated to a job that will hopefully cover my expenses. dream about the legacy I leave my grandchildren. -OR- worry whether my money will last until I die. Actions not Words

  4. Prepared for the Golden Years? • 20% families prepared for retirement. • Avg American saves -.7%!! • The average family has $3800 in savings. • Most people pending retirement have less than $40k -$50k saved. • Social Security is Welfare. • You are likely to live past 90 or 100 years.

  5. Since 1925, the stock market (S&P 500) has averaged 12% annual return on investment Adjusted for inflation this equates to over 8% return. In the 1990s the average return was over 17%. Returns on Investment

  6. Can you do it?

  7. Midshipman Brown ‘93

  8. It Works!

  9. Individual Account Taxable Vehicles Money Market Mutual Funds C.D.s Bonds Individual Stocks ROTH IRA Maximize This ’07: $4000 ’08: $5000 ’09: +$500/ year Tax Free Growth Investing

  10. www.fool.com http://beginnersinvest.com www.wikipedia.org www.google.com www.bloomberg.com http://www.hankbrown.org Money Magazine Forbes Kiplingers Smart Money Worth Sources

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