Education And Analysis Tools

MBR Wealth Acceleration Education and Analysis Tools

add “client first” in name, or reveal later as surprise and delight?
“Smarter wealth strategies” is not as powerful
brainstorm name upgrades; but might not find better, as each word carries weight

to illustrate value of a single strategy, which could be a signature/core MBR differentiator

“The simple, untaught strategy that is 5–10X better for most savers, guaranteed, that rate comparison sites won’t tell you, because they don’t get paid.”
- Need shorter description and perhaps name for this.

has current cash savings earning 1.5%
(and a 20% credit card balance, a car loan at 7%, and a mortgage charging 5%, 30% tax rate)

Paydown debt vs save/invest analysis applies to what to do with “new” investable cash. (free cash, bonus, inheritance, …)
There is a “better” alternative paying 2.0%. And 0.5% better is “good” and might be “worth it”. Wealth Acceleration (on savings balance): 2.0% before tax, or 1.4% after tax
Paydown non-deductible debt Wealth Acceleration rates:
- Paying down non deductible debts results in an after-tax guaranteed return of the interest rate charged
- 20%, 7%, 5% after-tax, GUARANTEED
- Equivalent before tax returns and taxable accounts (30% tax bracket) are 29%, 10%, 5%)!!!
- Back to knowledge gap, AND the “incentive filter” that results in the rate comparison sites not telling you, because they don’t get referral fees, and banks make (more) money on loans than deposits

A) Basic strategy: use existing cash (in excess of emergency funds) to paydown debts for an after-tax “benefit” 5-10X the gain from upgrading to a better savings product
B) Wealth Accelerator strategy: Debt swap: Pay down debt. Borrow back and invest amount in a taxable account (often at a lower debt rate, but now tax deductible, in Canada). Net impact very large in %, but not worth the hassle for small amounts.
C) Turbo Wealth Accelerator strategy: See a MBR affiliated/certified mortgage broker to consolidate all (credit card and vehicle) debts into a HELOC at lowest rates, and/or implement a Debt Swap (an amount that is worth it). Maybe consider/implement Smith Maneuvre. Grandma tasks

Pros: Trust, goodwill, real value delivered, viral growth accelerator
Cons: Reduced (short-term) MBR revenue and progress to cancer pledge. While I personally nor our children need more money, this might decrease the impact on my cancer pledge. My sense is that even if true, it is the right thing to do and almost certainly will have a net benefit in earning the attention and delight of current MBR clients and those to come in the future.