Financial Management Financial Management Success Pointers for Success Pointers for

LifeLife

Dennis J.Trittin, CFADennis J.Trittin, CFA

President & CEOPresident & CEO

LifeSmart Publishing, LLCLifeSmart Publishing, LLC

Our Story and MissionOur Story and Mission

Financial Management Pillars

Managing

Earning

Distributing

Investing

Banking

Protecting

Managing ItManaging It

Remember, it’s God’s money!Remember, it’s God’s money! Commit to financial and economic Commit to financial and economic

literacyliteracy Be a Wise Steward, Disciplined Be a Wise Steward, Disciplined

Planner, Skillful Earner, Wise Investor, Planner, Skillful Earner, Wise Investor, Prudent Consumer, and Cheerful Prudent Consumer, and Cheerful GiverGiver

Thriving in Your Career

Earning ItEarning It

Carefully select a well-matched careerCarefully select a well-matched career Deliver Deliver ExcellenceExcellence to your employer to your employer Learn the secret to a glowing reviewLearn the secret to a glowing review Diversify your contributions to be a VIP!Diversify your contributions to be a VIP! Always look ahead and build your valueAlways look ahead and build your value

Dividing the Financial Pie

Distributing ItDistributing It Give, invest, then spend! (10/20/70)Give, invest, then spend! (10/20/70) Live within your means to generate Live within your means to generate

positive cash flowpositive cash flow Regularly budget and analyze spendingRegularly budget and analyze spending Save up for major expenses/use debt Save up for major expenses/use debt

sparingly and wiselysparingly and wisely Avoid high fixed expenses/impulse Avoid high fixed expenses/impulse

buyingbuying

Oh, If It Were Only This Easy!

Investing ItInvesting It Invest early, regularly, and as much as you Invest early, regularly, and as much as you

can in a globally diversified programcan in a globally diversified program Invest according to your risk toleranceInvest according to your risk tolerance Patiently commit to a long-term strategyPatiently commit to a long-term strategy Avoid speculating, panicking, and chasing Avoid speculating, panicking, and chasing

yesterday’s winnersyesterday’s winners Be attentive to costs and taxesBe attentive to costs and taxes Grow your wealth patiently Grow your wealth patiently

Is This Your Investment Experience?

Why Most Investors FailWhy Most Investors Fail They wait too long to investThey wait too long to invest They don’t understand how to They don’t understand how to

manage risk over their lifetimesmanage risk over their lifetimes They buy high and sell low and time They buy high and sell low and time

the marketthe market They don’t properly diversifyThey don’t properly diversify They invest emotionally vs. They invest emotionally vs.

objectivelyobjectively

Did You Know…Did You Know… A ballpark of how much you should A ballpark of how much you should

invest in stocks is 100-your age?invest in stocks is 100-your age? The average US investor loses 2-3% The average US investor loses 2-3%

per year from bad timing decisions?per year from bad timing decisions? If you invest $12.15/day beginning at If you invest $12.15/day beginning at

age 23 and return 6%/year, you’ll be age 23 and return 6%/year, you’ll be a millionaire by age 65!a millionaire by age 65!

Banking ItBanking It Develop an Emergency Fund of 4-6 Develop an Emergency Fund of 4-6

months of expensesmonths of expenses Develop a strong credit rating and Develop a strong credit rating and

personal balance sheetpersonal balance sheet Avoid debt as much as possibleAvoid debt as much as possible Avoid credit card purchases you can’t Avoid credit card purchases you can’t

pay off at month endpay off at month end

Protecting ItProtecting It

Purchase insurance appropriate for Purchase insurance appropriate for your situationyour situation

Take precautions to avoid Identity Take precautions to avoid Identity TheftTheft

Avoid “Get Rich Quick” schemesAvoid “Get Rich Quick” schemes

The The What I Wish I Knew at 18 What I Wish I Knew at 18

Life Skills and Leadership CourseLife Skills and Leadership Course

targets these vital topics with targets these vital topics with

relevant insight, instruction, and relevant insight, instruction, and applicationapplication

Contact InformationContact Information

For Indonesian translation WIWIK @18 For Indonesian translation WIWIK @18 books:books:

Kesaint Blanc PublishingKesaint Blanc Publishing

PP:: (021) 4290 6862 (hunting), 4288 6726 (021) 4290 6862 (hunting), 4288 6726FF:: (021) 4288 6725 (021) 4288 6725

e: e: info@kesaintblanc.co.idinfo@kesaintblanc.co.id or  or marketing@kesaintblanc.co.idmarketing@kesaintblanc.co.id

www.dennistrittin.comwww.dennistrittin.com

THANK YOUTHANK YOU for building the next for building the next

generation of honorable generation of honorable leaders.leaders.

We salute you!We salute you!