You can only beat the banks by becoming like the banks.
The fact is that banking has been around in some form or fashion for thousands and thousands of years. The problem is most people only understand banking from the saving or borrowing side.
In this blog posting you will discover:
- How and why you should be your own bank.
- You will discover the secrets that banks and Wall Street don’t want you to know.
- How to become your own source of financing.
And so much more!
First, do this simple exercise:
- Add up all the payments you have paid over your lifetime to a bank on everything you have ever borrowed money to own.
- Add up if you can approximately how much in interest and fees that you have paid to the bank.
- Double that total figure because that money would have easily doubled if you had maintained control of those payments and received even a small rate of compounded tax free interest
- Now compare that figure to the amount of money you have saved for retirement or that is in your bank account today.
- Ask yourself…Which number is bigger?
- Then ask yourself… How much longer are you willing to make banks and Wall Street rich at yours and your family’s expense?
Banking in some form has been around for thousands of years. It is responsible for untold wealth for lenders — and the model can be replicated by average families and you to create and preserve wealth.
You only have been trained to be the borrower or to simply to save your money in the bank. Basically you pay the bank to hold your money for you. The banks then takes your money and loans it out to borrowers at high interest rates of which you don’t see any of it.
Most of you know about credit scores, debt to income ratios, payments and interest rates. Almost none of us have been taught how to be the lender and make all the money. This is because banks don’t want you to know the secrets that have sustained them for generations.
However, today you can become the bank by loaning Nigerian Channel your money and earning 15 – 18% interest just like the banks do. This is the secret of how to beat the banks by you becoming the Bank. Its that easy.
What if you could bypass banks, finance and credit card companies altogether and become your own source of financing?
It’s easier to do than you might think and hundreds of thousands of people are already doing it!
Again it is very simple as you can take some of your own capital (all at once or built up over time) and make your own loans to Nigerian Channel and create high interest payments back to yourself. These high interest payments back to yourself are then used to finance whatever you want. This is a great way to make small and major purchases that beats financing, leasing or even paying cash for them!