Today more than ever, saving for a child’s education or your own secure retirement is difficult.
While taxes, inflation, and other day-to-day financial obligations challenge our ability to save, a far more insidious problem often ruins our ability to create wealth.
A primary culprit is the interest we pay the banks, credit card companies and other lenders.
DOWN THE DRAIN
As monthly bills are paid the amount going to fees and interest may seem small, perhaps even invisible. But over time, their accumulated total can easily become one of a family’s largest expenses.
Think of what it would mean to you and your family if you could be debt-free (including your mortgage) in nine years or less?
And best of all, I can show you how this is possible without spending any additional dollars that you are currently spending.
WHERE DOES IT ALL GO?
The average individual pays 40 cents of every dollar earned on taxes. Everything from income tax, to sales tax, capital gains tax, gas tax, estate tax and more.
If that wasn’t bad enough, 34% of the money earned in a lifetime is paid out to interest. This interest goes to cars, credit cards, student loans, mortgages, and all the things we finance.
Think of the impact on your future if you could reduce that 34% going to interest and perhaps even reduce the taxes you’ll otherwise pay? That would allow for more lifestyle money and would also free up cash to contribute towards savings!
7 STEPS OF MONEY MANAGEMENT
Becoming debt-free can be much easier than people often imagine. The basic strategy is to stop wasting your hard-earned money on banks and lenders and instead take this money and put it to work you!
Using the Your Family Bank 7 steps of Money Management,
I can show you how to do just that.