Lack of Interest? Jump start your wealth!
According to InfiniteBanking.org, on average 54 – 64 cents of every dollar is spent on interest and taxes! Ouch I hear you say! I know I did when I read that.
That’s a lot of money that you’ll probably never see again! You may be eligible to get some tax back, but you’re basically giving uncle same a ‘FREE’ loan on your taxes! Anyway that’s for a different post. I want to focus on reducing my interest portion first.
Basically you finance your own purchases, hitting yourself with the same interest rate that any financial institution would offer. So rather than kissing your interest money goodbye, you pay yourself back! It sounds crazy but we’re just about to embark on our 1st test. It’s called the Infinite Banking Concept and has some very good reviews. I’ll let you know how it goes.
