Banking, Money, Taxation And Becoming Your Own Banker With The Infinite Banking Concept
Money is an asset! Try living a week to 10 days without it and you will appreciate just what an asset it really is. But most people do not treat money like an asset and therefore they destroy moneys best quality. You see money treated as an asset multiplies exponentially.
It has been written that "The value of an asset increases exponentially while the value of your labor only increases incrementally."
The Rate of return on their money, for many, seems to be more important than the return of their money. But the real value of money is destroyed when rate of return is the focus. This is because someone else is in control of the actual money.
Think about this:
Where does all your money go when you get a paycheck?
Your bank or a third party's bank?
Do you or someone else profit the most from this way of doing business?
The late Adrian Rogers argued that you cannot multiply wealth by dividing it. Ritually, putting your money into a Bank owned by someone else gives someone else control of your money--- not you. This simple process--- the separation of you and your money--- can be very costly. Remember, every time you lose control of your money, you lose money! Once you give the control of your money to others they can assess fees and service charges, use your money to make themselves money, or lose your money and pay you little or nothing for compensation.
That is why everyone needs to read about the Infinite Banking Concept in the book Becoming Your Own Banker by R. Nelson Nash. Nash explains how, you can take control of your money, which is the asset that can build real riches and lasting wealth. This process is called the Infinite Banking Concept or IBC. IBC allows those who utilize Becoming Your Own Banker, aka BYOB, to recover the costs associated with the banking equation. What is the banking equation you might ask? The banking equation is simply this:
You finance everything that you purchase in life. You either pay someone interest to use their money to make a purchase, or you give up the interest you could have made on your money when you make a purchase with your own money. Either way you lose.
When you Become Your Own Banker, you recover the cost of interest you pay out when you borrow from your own banking system and pay yourself back. You are now using your own money as an asset and it will multiply. - 23199
It has been written that "The value of an asset increases exponentially while the value of your labor only increases incrementally."
The Rate of return on their money, for many, seems to be more important than the return of their money. But the real value of money is destroyed when rate of return is the focus. This is because someone else is in control of the actual money.
Think about this:
Where does all your money go when you get a paycheck?
Your bank or a third party's bank?
Do you or someone else profit the most from this way of doing business?
The late Adrian Rogers argued that you cannot multiply wealth by dividing it. Ritually, putting your money into a Bank owned by someone else gives someone else control of your money--- not you. This simple process--- the separation of you and your money--- can be very costly. Remember, every time you lose control of your money, you lose money! Once you give the control of your money to others they can assess fees and service charges, use your money to make themselves money, or lose your money and pay you little or nothing for compensation.
That is why everyone needs to read about the Infinite Banking Concept in the book Becoming Your Own Banker by R. Nelson Nash. Nash explains how, you can take control of your money, which is the asset that can build real riches and lasting wealth. This process is called the Infinite Banking Concept or IBC. IBC allows those who utilize Becoming Your Own Banker, aka BYOB, to recover the costs associated with the banking equation. What is the banking equation you might ask? The banking equation is simply this:
You finance everything that you purchase in life. You either pay someone interest to use their money to make a purchase, or you give up the interest you could have made on your money when you make a purchase with your own money. Either way you lose.
When you Become Your Own Banker, you recover the cost of interest you pay out when you borrow from your own banking system and pay yourself back. You are now using your own money as an asset and it will multiply. - 23199
About the Author:
Tom McFie PhDis a professional financial coach and is nationaly known for helping people recover the money they currentley spend. Don't Make another payment until you have viewed his Infinite Banking Video Then Contact him he can help you
posted by X - Men @ 2:31 AM
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