Chapter Eight

 

What can you expect from effectively applying the essential economic principles to your “personal economy”?

 

Income taxes will be saved rather than paid or merely postponed (and perhaps maximized) as with common financial practices promoted by the financial industry.

     Saved taxes can then be invested, turning cost into personal wealth.

Interest that would be paid to financial institutions can be “paid” to your own “banking system” instead -- a system you own and control.

     The interest you pay becomes an investment for you, rather than a cost to you.
     Since interest paid is commonly 34.5% or more of discretionary spending -- more
     than what most currently save --  the impact on wealth creation is powerful.  

“Velocity of Money 1”: In several areas of a personal economy, dollars can provide two or more needed benefits at the same time.

     When dollars provide two or more benefits, other dollars are “freed up” to invest  
     for tomorrow or be used to improve today’s lifestyle.

“Velocity of Money 2”: Dollars can be moved through two or more uses. For example: self finance a car and obtain the value of recovered interest over the entire loan period; reinvest the loan payments that are made back into your “banking system” during that period; you simultaneously benefit from the saved interest AND the investment growth over the same time period.

     For “real” banks, this is a routine practice to increase rate of return
     exponentially. When properly positioned, you can do it too. It’s easy.

Protection benefits are maximized through efficiency.

     Wealth and financial security are not the same. A strong moat of protection is
     needed around your financial castle to preserve the wealth being created.
     Through sound economic strategy, the same dollars do both without sacrificing
     increasing wealth. The essential principles do not rely on risk, speculation, market
     performance or “secret” investment strategies. They are based in timeless
     economics, valid since seashells were money, but lost to the financial industry.
     However, they don’t own them: you can take them back.    

 

We can help you do this.

 

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without sacrificing financial performance,
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© 2007 by Michael Burrill. All Rights Reserved.