Page 1 THANK YOU FOR USING OUR MONEY MANAGER ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Main Menu page allows access to the following sub programs: INVESTMENT PROPERTY RETIREMENT INFLATION INTEREST TAX TARIFF CALCULATOR AMORTIZATION -LOAN MORTGAGE TAX CALCULATOR PST / GST LEASING VS CAPITAL EXPENDITURE EXIT (leave the program) READ ME REGISTER OTHERS You may use your mouse and click on the required sub programs followed by OK or ; or you may use the arrow keys (starting with ARROW UP!) followed by At the end of a sub program to: Return to this Main Menu ... press any key Re-start sub program ... press A Quit ... press Q or +Q (as indicated) CAPITAL or small letters are accepted. Where +- is the choice, the +- from the Number Pad, the regular +- or =_ will work as well. It is suggested to give each sub program a few tries to become familiar with the concept. Page 2 INDEX Following are feature explanations and some program hints. Page 3 INVESTMENT PROPERTY Should you buy a house, then rent it out? When are you starting to make money? What about taxes and other expenses? Page 5 INFLATION, INTEREST, MARGINS How much money 'shrinks' due to inflation. Saving an amount/month over x-years. The gain of a sum invested at x%. Margins and interest rates. ($1000 grew to $2000, what was the interest rate?). Page 6 AMORTIZATION- LOAN/MORTGAGE Option 1 shows monthly payments for different amounts at various interest rates. Option 2 calculates principal and interest paid over any 12 month period and when it's paid off. Page 6 LEASING vs CAPITAL EXPENDITURE Compares leasing vs purchasing a car. Can be used to compare different items. Page 7 RETIREMENT...when? Program calculates how long an amount like RRSP, RRIF, or money in the bank will last with continued investment and regular withdrawals. It also calculates your Canada Pension Plan (CPP) payments for early or late retirement, or at age 65, and with the 'break-even' date. Page 8 GST/PST TAX CALCULATOR Calculates GST/PST and shows breakdown for the taxes included in the sales price or added to it. Page 8 TAX & TARIFF CALCULATOR Calculates up to four different taxes or tariffs for any sales price, at any %, included or added on. Page 8 READ ME Page 8 REGISTER Page 8 OTHER Page 9 Company address and telephone/fax number .............................. System requirements: IBM or compatible, DOS 3.1 and up or WINDOWS 3.0 and up. All programs run directly from the floppy disk, unless otherwise noted. To run from the hard disk use INSTALL (dos) or WINSTALL (windows). Installation is recommended as the programs load and run faster from the hard disk. .............................. Page 3 INVESTMENT PROPERTY ============================================= Should you buy a house, then rent it out? When are you starting to make money? What about taxes and other expenses? The first page will ask a lot of input. If you do NOT have all the required info, it is suggested you do a PRINTSCREEN followed by a +Q to quit, then obtain the required info. Here is what's required: Monthly mortgage payment...... may include taxes, please deduct. Yearly taxes.................. as established by town bylaws. Monthly condo Fee............. if any. Monthly extra's............... such as lawn care, cleaning etc. Down payment was.............. how much you sunk into it. Price of house................ full price of house. Monthly rent.................. what you take in Yearly rent incr. in %........ raise in rent by x% per year. Your marginal tax-rate in %... marginal tax % on your total income. % intr. of cash in bank....... best % of moneys in bank. Expenses were................. one time expenses (repair/painting). % value increase/yr........... what the house market foresees. Length of configuration in years... forecast for how many years? lets you continue. (Entering test will input predetermined figures) Enter all fields. Do not use arrow-keys, use to go to next. On completion page two will appear. Page two first repeats the major inputs: House price... full Mortgage...... full down.......... down payment rent.......... monthly rent intake Tax(Y)........ yearly taxes Condo......... monthly payment Marginal tx... marginal tax % on your total income Followed by the broken down result of your inputs per year: eoy1 outg/mo outg/yr rent/m rent/y year +- aft tx CUM 1 2 3 4 5 6 7 8 Legend: 1=end of year 2=outgoing per month 3=outgoing per year 4=incoming rent per month 5=incoming rent per year 6=gain/loss this year 7=gain after income taxes 8=cumulative (YTD) income after taxes Page 4 This is followed by the three line summary: -Projected value of down payment.............. How much you could have had, if the money would have stayed in the bank. -Projected value of house at x% /year ........ What the house should be worth then. -Real gain/loss............................... How much you really made or lost considering all feasible items such as: expenses, condo- fee, net income (minus taxes on income), property taxes, loss of possible gain from down payment (minus taxes you would have paid on this gain), etc. Entering Y for "any changes" lets you go back to page one with the current entries. You may enter any changes or leave the entry as is by pressing . Again, do not use the arrow keys. Keep track of all by continuing to use To keep this info please do a PRINTSCREEN before answering Y to the question ANY CHANGES y/n. Then you may continue from page one, entering the new data. (The old date is automatically pushed to the right at input of new date). To keep the old data press Page 5 INFLATION, INTEREST, MARGINS ===================================== How much money 'shrinks' due to inflation. Saving an amount/month over x-years. The gain of a sum invested at x%. Margins and interest rates. ($1000 grew to $2000, what was the interest rate?). This program has five (5) sub sections: 1) ... how much you lose due to inflation. Inputs of Inflation per year Amount Years will give you the projected buying value of the amount at the end of the calculation. 2) ... what your monthly savings can be over a period. Inputs of Monthly instalments Rate of annual interest Over how many months (Considering) your marginal tax will give you a projected amount of real savings at the end of the calculation. 3) ... the growth of a sum over time. Inputs of The principal Yearly interest rate How many months Marginal tax rate will give you the projected value at the end of the calculation. Entering D will show a monthly table of the growth. 4) ... how long it takes to get X$ saved up. Inputs are: The desired amount * bank interest (* calculated monthly) savings per month Output: The length in years and months Choice: Re do using different values, while the last is moved over for comparison. 5) ... figuring margins. Inputs: Amount A Amount B Outputs: Difference in value If A=100% then B= ... % of A If B=100% then A= ... % of B * Optional: Over X months, what real interest rate this represents. *Some of these calculations may take longer depending on your computer speed. Page 6 AMORTIZATION- LOAN/MORTGAGE ===================================== Option 1 shows monthly payments for different amounts at various interest rates. Option 2 calculates principal and interest paid over any 12 month period and when it's paid off. Option 1 INPUTS: Amount of mortgage Lowest interest % Years running (1-35) OUTPUTS: A table starting with the entered interest rate and mortgage. Increments of .25% up and $2000. Option 2 Same inputs, but showing detailed info for any 12 months. LEASING vs CAPITAL EXPENDITURE ================================== Compares leasing vs purchasing a car. Can be used to compare different items. Inputs are: Purchase price of car (*** Leasing price of car Bank interest *1 CASH or LOAN*2 Over how many years (enter length of lease) Optional:Marginal tax *1 because will either reduce your amount of cash or it will be borrowed. *2 asks this question, so *1 should reflect THAT interest rate! Output: The following table will depict yearly a breakdown. (*** entering 11 or 12 will input predetermined figures for a cash and for a loan deal) Page 7 RETIREMENT...when? ============================================== Program calculates how long an amount like RRSP, RRIF, or money in the bank will last with continued investment and regular withdrawals. It also calculates your Canada Pension Plan (CPP) payments for early or late retirement, or at age 65, and with the 'break-even' date. >>> Note that a Registered Retirement Savings Plan (RRSP) and a Registered Retirement Income Fund (RRIF) are Canadian Plans in which the money grows without taxes. Income tax is charged when money is taken out of these plans. Since the program's configuration ignores all taxes, this option can be used for any country with any currency. <<< 1) ... How long will my own money (RRSP/RRIF/BANK) last INPUT: Your total amount of money What interest rate you get How long you plan to "live" on that How much you draw per month (inputting a 55 at the first question inserts predetermined amounts) OUTPUT: When the original amount is depleted A table showing depletion when drawing more or less per months in steps of $ 200 2) ... Early retirement 3) ... Late retirement INPUT: Monthly CPP payments per HEALTH AND WELFARE CANADA Your birth date OUTPUT Tables showing decreased (2) payments for early retirement and the "break-even point" (at which time you start losing out)... and (3) how much more you get for retiring late and how this may benefit you. Page 8 TAX & TARIFF CALCULATOR ============================================ Calculates up to four different taxes or tariffs for any sales price, at any %, included or added on. INPUT: The original amount (price) to be calculated The first tax/tariff % (added to the original amount) The second tax/tariff % (added to the original amount) or The third tax/tariff % (added to the original amount) | The fourth tax/tariff % (added to the original amount) | | ---------------which will calculate ---------------------- | The second tax/tariff % added to the first result The third tax/tariff % added to the second result The fourth tax/tariff % added to the third result OUTPUT: 2 tables configured as above. One with taxes/tariffs included in the original price, the calculation is therefore backwards and arrives at the (lowest) starting price to which each entry was added. The other with taxes/tariffs added to the original amount, resulting in a (higher) final price. GST/PST TAX CALCULATOR ============================================ This sub program calculates the Canadian GST (7%) and the Ontario PST (8%) alone, together, added on or included in the price. >>> A version where these 2 taxes can be varied is in progress and will be available for registered users for S&H ONLY ! READ ME ========================================================== switches you to THIS file. There are three more README files: README.1ST Starting info. This is the file you should have read by now! README.GEN General info about program and computers README.DOC ASP Shareware info and the ASP Ombudsman REGISTER ========================================================= explains registration, price and lets you print the registration form. OTHERS =========================================================== is a sub program listing all other programs available from Page 9 LGM SYSTEMS TEL/FAX (519) 821-6344 70 Burns Dr. GUELPH, ONT. CANADA N1H 6V9 -------------------------------------------------------------- >>>>> THIS IS AN ASCII FILE ! IN DOS to print enter: COPY README.GEN PRN to read page by page enter: TYPE README.GEN|MORE or load the file into any editor or wordprocessor. IN WINDOWS: In the PROGRAM MANAGER APPLICATIONS MS-DOS EDITOR load file: FILE OPEN type \LGMMM\REGISTER.GEN or OK or use WRITE: ACCESSORIES WRITE load file: FILE OPEN type \LGMMM\REGISTER.GEN or OK select 'NO CONVERSION' --------------------------------------------------------------- .....end readme file...