| Coordination |
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The financial relationship between one asset and another. |
| Enjoyment of Wealth |
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The spending of one's assets for needs, wants, or desires. |
| External Design |
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The study of the efficient and effective flow of money into and out of the assets a person owns within the PS&G Model®. |
| Ideal Strategy |
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The strategy using the same assumptions of the client's present financial position, but without taxes or inflation. |
| Increase in Money Supply |
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The difference between the amounts of money one will have in one specific financial strategy compared to another. |
| Internal Design |
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Selecting and structuring any given financial product or service to work more efficiently and/or more effectively. |
| LEAP® |
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The Lifetime Economic Acceleration ProgramTM, which forms the word “LEAP” as an acronym. |
| Lost Opportunity Cost |
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In LEAP, it is the amount of money that is spent and lost by an individual as a result of owning a particular asset or by using a particular financial strategy. |
| Macro-Financial |
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The study of the overall aspects of all financial elements in a personal economic model. |
| Macro-Manager |
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A person who uses a holistic strategic approach versus one who uses a linear single-need approach. |
| Micro-Financial |
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The study of one element contained within a personal economic model. |
| No Additional Out-of-Pocket Outlay |
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Not having to outlay any additional money from earned income beyond what one is currently spending. |
| No Additional Risk |
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Not adding more financial risk to one's overall current risk tolerance. The intent of LEAP® strategies is to maintain or reduce financial risk. |
| Performance Beyond Needs and Goals |
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A philosophy that one should not stop building additional financial assets just because one is on target or has already met their stated financial needs and goals. |
| PS&G Model® |
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A diagram that contains all financial products and strategies related to Protection, Savings, and Growth that are positioned in a hierarchical value structure. |
| PS&G Model Strategy Worksheet |
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A worksheet showing the PS&G Model® where internal, external, and coordination design functions are performed. |
| PS&G Model Present Financial Position |
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The current state of one's personal financial situation. |
| Wealth Building |
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The financial process designed to obtain an increase in assets and benefits over a period of time. |
| Wealth Conservation |
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The financial structure used to protect one's assets from erosion due to income taxes, estate taxes, lawsuit, market declines, illiquidity, disability, illness, and other financial problems. |
| Wealth Distribution |
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The transfer of one's wealth to oneself or others so it can be spent and enjoyed for personal needs, wants, and desires. |
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