Starting on the Path to Financial Independence
Kitui “My parents told me it was important to save money and get good credit.” I hear this all the time from those who struggle financially. Perhaps your parents told you to do the same? You may want to give this “advice” some careful consideration–if you plan to prosper financially. You may want to ask: “Who really benefits when I save money in a bank, and work to get good credit?”
If you are like 10’s of millions of Americans, you were lured into the banking system at a young age when you did not know any better, and the brainwashing began. It likely started with a smile from a teller and perhaps a (Wells Fargo) horse to lure you in to open your first bank account. And before long you had a checking and savings account, a credit card (or two), an auto loan, a student loan, and a mortgage too, only to then realize “I’m in debt for life!”
Before you continue on this path, or take your children to the bank, consider Rule #2 of Rich Man Poor Bank:
buy modafinil sweden Bank Rule #2
Bankers Lie!
They tell you to “save money,” when they themselves invest money
Saving in the bank only helps the bank
Now, if you were to pass on this truth about banking to too many, then big banking would be in big trouble! You see, if “too many” Americans were to know the truth and were to remove all their money from the bank, then banking would be exposed as nothing more than a Ponzi scheme, and would come to a crashing end. Then America would be taken back from the greedy-grasp of bankers.
Simply remember that the poor and middle class spend their life looking to save money in a bank, while borrowing at a higher interest rate to get good credit. The banks then invests the savings of the poor and middle class, keeping all the profit for themselves.
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