| Recover The Money You Spend on, Taxes, Interest, Payroll, Living, Cars, And More! |
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| Written by Tomas McFie |
| Monday, 15 March 2010 13:43 |
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Read This Book To Learn How!
Read This Book To Learn How! I'm about to disclose to you something that has cost me thousands. Malcolm Forbes emigrated from Scotland and he became one of the wealthiest men in Americahe is quoted as saying, "The dumbest people I know are those who think they know it all." I'm going to share with you how to create real and lasting wealth by learning the way money worksall it takes on your end is to be open minded to the truth. Many people do not know that they consistently lose about one third of every dollar they bring in, and this, after taxes. The reason for this is because everything you purchase you finance, that is correct! You will either pay interest to someone else for the use of their money thus lose money, or you will lose the interest on the money which you expended. Both ways result in a loss. This is the Banking equation! This fact as simple as it seems is what the wealthy know and have used for years to create their lasting wealth, yet it is this fact which has also kept you from creating lasting wealth for yourself. So what else do wealthy people do? People that are wealthy own participating whole life insurance with a high premium. These are policies with a mutual company preferably offering non-direct recognition cash value loans. Why? Because when it comes to the Banking Equation, owning participating whole life insurance is like eating your cake and having it still yet. Sometimes this is called over-funding, but when you know that you will receive everything back-along with interest and no further taxes-that should not be a problem for you. With the wealthy it certainly is not an obstacle. So what do the wealthy use these whole life policies for? They use them to finance the things in life that they need. They use this structure to make money from their purchases exactly like the financial institutions and banks are currently making off you and your purchases. "Becoming Your Own Banker" the book about the Infinite Banking Concept written by R. Nelson Nash, demonstrates how you can actually use your money to finance everything you have a need for throughout life with the whole of the principle and interest returning to YOU! A CPA or tax attorney will confirm this basic fact: "the return of your money is more important than the rate of return on your money." This is all the Infinite Banking Concept (aka IBC) is about. This, in a tax free inflation offsetting vehicle and advice from the proper coach makes you ready to roll. You will be on your way to true wealth. So: If what you have been told about money is wrong when would you want to find out? Now, or later? Would you have more of your money right now if you had been using it like the banks? Start recovering one third of what you spend monthly, then you can take that vacation that you have earned and your family deserves! DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Dr. Tomas McFie with Life Benefits, Inc. is widley recognized as a financial coach that helps people recover the money they spend. Tomas does this by teaching people how to utilize the infinite banking concept as described in the book Becoming Your Own Banker |