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.\”

The return of your money is more important than the rate of return on your money. Those that fail to grasp this concept lose the real value of money by losing the control of their money.

What about this:

Whose bank do you deposit your paycheck in?

Your bank or a third party\’s bank?

Who benefits the most by this process? You or the other guy?

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 give up interest you could have earned by paying cash or you lose money by paying someone else interest when you use their money. You lose money regardless.

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.

Dr. Tom 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 Get a totally unique version of this article from our article submission service

categories: Infinite Banking Concept,Becoming Your Own Banker,IBC,Money,Taxes,Bank on Yourself,Banking,Investing,Finance,Riches Wealth and Money,Retirement,Life Insurance,Financial Planning,Wealth Building and Protection

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