Pay Yourself Back

102 6
Did you know that approximately 34.5 percent of every dollar you earn does not make it to your bank account? Most people are not aware that almost of their paycheck is going to pay interest and finance charges to banks. This is unfortunate because it is 34.5 percent of your money that could actually be working for you.

In order to pay yourself back, and not pay 34.5 percent of every dollar you earn to financial institutions you must learn how to be your own bank. Several money for life guides recommend this simple wealth building strategy. Being your own bank lets you put all of the money you earn to work for you.

I Want It!
Of course you want it. Who wouldnt want to stop supporting the bank and start supporting their self?

You can be your bank and pay yourself back by setting up a personal bank. This solution lets you loan money to yourself and pay yourself back. And there is an added advantage; if done correctly it is a tax free money saving program.

This wealth building strategy works because of its simplicity. You become your own bank by investing in a life insurance plan. When you need a loan, you loan yourself the needed funds from the money you have invested into your life insurance policy. You pay yourself back. There are no high interest rates. You are not supporting the bank. Money for life guides say that in todays economy this is the way to get back your 34.5 percent.

I Need It!
Yes, you need to keep the 34.5 percent of every dollar you earn. You need to put this money to work for you.

Traditional banking institutions control not only a portion of every dollar you earn; they also control what you do with your money. Banks determine when and why they will loan money to people. You may have gone through a long loan application process for start up money to fund your small business or for money for medical expenses only to find yourself rejected.

When you institute the simple wealth building strategy of becoming your own bank you regain control over all of your money. You now have the ability to decide what you spend your money on and can use the 34.5 percent of every dollar you earn. The money you need is working for you.

I Gotta Have It!
Of course you gotta have it! Once you are aware of how to put your money to work to pay yourself back you will have it. You will have the ability to make the changes necessary in order for your money to work for you.

Remember, money for life guides report that learning how to be your own bank is the best wealth building strategy during these tough economic times. This tax free money saving program will let you build up wealth for a secure and happy financial future. Go for it! Become your own bank and know that you will not only survive, you will flourish.
Source...
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.