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.
WEALTHY PLACE STEPS
TM
$ 100
$ 12
$ 28
$7
$ 15
$ 10
$3
$ 20
HIRE YOURSELF
MANAGE YOUR
EMPLOYEES
USE YOUR
EMPLOYESS WISELY
FIRE YOUR DEBT
GROW AND GIVE
ENJOY YOUR
WEALTHY PLACE
PAY YOURSELF
HOW TO BUDGET
The average Kellogg Graduate earns $130,000
salary per year
60%
$78,000
actual take
home
3%
4%
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%
$ 5,200
Insuranc
e
$42,900
taxes
$3,900
retiremen
t
RECOMMENDED PERCENTAGES
GIVING
10%
HOUSING
25%
INVESTING
10%
GOALS
10%
UTILITIES
5%
DEBT
0%
LIVING
30%
TRANSPORTATION
10%
TRACK IT
Tracking your expenses
with the M.Y.O.B.U. app
is the only way to know
where you stand
financially.
debt
M.Y.O.B.U. IS ABOUT GIVING YOU FREEDOM, CHOICE & OPTIONS.
Eliminate debt immediately so you can
 Travel
life
 Choose
 Choose
where
you work
 Enjoy your
where
you live
AVERAGE KELLOGG GRADUATE’S STUDENT LOANS
First payment due 6 months after graduation
6
months
$175,000
$2,030 /mo.
$69,000
Total Borrowed
7% Interest at 10
Years
7otal
Interest Paid
40%
of Amount
Borrowed
$244,000.
Total Payments
debt
WHAT YOU COULD HAVE DONE WITH $69,000
46
Louis
Vuitton
Handbags
Furnish
your Home
69
3
Pairs of
Christian
Louboutin’s
Presidenti
al Rolex
Watches
7
BMW 5
Series
(in cash)
Five
Star
Trips
230
35
Bottles of Ace
of Spades
Champagne
Full Sets of
Callaway Golf
Clubs
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
5 YEARS
In interest
payments
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)
Earning
s
Value
5 YEARS
10 YEARS
20 YEARS
30 YEARS
40 YEARS
$15,000
$54,000
$244,000
$834,000
$2,664,000
$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.
What you Drive
TRANSPORTATION 10%
WHAT’S IN THE PERCENTAGE:
 Car
payment
(not rec.)
 Auto
 Tolls
Insurance
 Maintenance
 Parking
 Gas
Storage
Fees
&
LIFE TIME CAR COSTS
$324,000
$516,000
$780,000
Midsize Sedan
($27k)
Pickup Truck
($43k)
Luxury Car
($65k)
What you Drive
HOW LONG YOU DRIVE IT
New Luxury
Car Every
4 YEARS
5 YEARS
6 YEARS
Cars from
age 30-75
12
9
8
Single
DOUBLE if
you get
married
Cars
Cars
Cars
$780,000
$585,000
$520,000
$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.
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
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
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
PAYING BILLS UNTIL
THE FIRST CHECK
UTILITY DEPOSIT
SAVE $1,000
EMERGENCY FUND
MOVING EXPENSES
FIRE YOUR DEBT
WE'D LOVE TO HELP YOU
 Determine
what things
are
important to
you and help you
achieve them
 Prioritize
 Devise
kids
vacations and
other major life
events and still be
rich
a plan that
helps you
achieve your dreams
for cars,
marriage, a house,
your
expenses to
create a budget
 Save
for an emergency
and
identify what
to do in an
emergency
 Develop
a plan to
eliminate
your
student loans, credit
card
and all debt
in 3 years
www.myobuniversity.com
facebook.com/myobuniversity