I normally don't do a ton of personal finance stuff as most of the work and clients I deal with are of the commercial nature. However, that doesn't mean my spreadsheet skills are lost on helping the individual. This is a great discipline and wealth building helper that gives anyone a savings and investment structure for the long term.
After purchase, you will immediately be taken to the download page. This is also included in the Super Smart Bundle.
The key word here is long-term thinking. That is probably the single biggest mindset change that will help anyone save more, invest more, and become wealthy. The basic structure of the template will fit pretty much any individual situation that involves some kind of income, taxes, and living expenses.
Key Features:
- Model up to 240 months (20 years).
- Easy input assumptions to fit your scenario.
- Takes into account income, income growth, expenses, savings, and savings invested.
- Smart thresholds to invest more when you have reached a certain cash goal.
- Smart charts to easily see your potential.
- Current Cash Saved
- Annual Income
- Effective Tax Rate
- Annual Cost of Living
- Starting Investments
- Savings Invested
- There are also annual growth assumptions for income, expenses, and investments.
- There is a cash threshold where you can adjust the amount of savings that you invest once that is reached.
- Final output is the total investment and cash value.
