Banking, Money, Taxation And Becoming Your Own Banker With The Infinite Banking Concept
Could you live ten days without money? Try it and find out what an asset money really is. Assets have a tendency to multiply. The problem is hardly anybody treats their money as an asset.
It has been written that "The value of an asset increases exponentially while the value of your labor only increases incrementally."
Most people are concerned about the rate of return on their money when they should be concerned about the return of their money. And so they lose the real value of their money by giving it to someone else.
Think about this:
Where does all your money go when you get a paycheck?
Into a Bank owned by someone else?
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.
Nobody is financially independent until they have mastered the concept as taught in the book Becoming Your Own Banker, by R. Nelson Nash. Nash teaches a concept called Infinite Banking which will teach you how to control and benefit from the financing equation which is as follows:
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.
But when you practice the Infinite Banking Concept, you can pay cash for your purchases and earn the interest that banks or finance companies would have otherwise earned off you. This is because you are now using your money as an asset and the growth becomes exponential when compared with what happens when you put your money in a bank owned by someone else, or with an investment firm. - 23217
It has been written that "The value of an asset increases exponentially while the value of your labor only increases incrementally."
Most people are concerned about the rate of return on their money when they should be concerned about the return of their money. And so they lose the real value of their money by giving it to someone else.
Think about this:
Where does all your money go when you get a paycheck?
Into a Bank owned by someone else?
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.
Nobody is financially independent until they have mastered the concept as taught in the book Becoming Your Own Banker, by R. Nelson Nash. Nash teaches a concept called Infinite Banking which will teach you how to control and benefit from the financing equation which is as follows:
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.
But when you practice the Infinite Banking Concept, you can pay cash for your purchases and earn the interest that banks or finance companies would have otherwise earned off you. This is because you are now using your money as an asset and the growth becomes exponential when compared with what happens when you put your money in a bank owned by someone else, or with an investment firm. - 23217
About the Author:
Tomas McFie is a professional financial coach and is widely 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 @ 4:03 AM
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