Debt Reduction or Debt Production Part II

What do you think the wealth building strategy for the banks are?

Part II

What happens next?

The bank will start sending you credit card offers. Do you think they are being nice or this is their wealth building strategy?

You know the offers I’m talking about. The credit card offers where you can transfer your balances for 0% interest for the first 6 months. After the 6 months is over your interest rate goes up to around 9% or more. They also offer to give you other loans for 10%-12% interest. I know you may be thinking well when the 6 months of 0% interest is up I will switch to a different offer from another company. I hope you will.

Part of the heist is banks pay you 1% interest when you give them money but they make you pay them 9%-12% when you borrow your money back. Remember the money is not the bank’s money it is your money or another member’s money. Now this part will really make you upset. Banks take your money and invest it in things such as commodities and make returns of 20%-50%. And then when you asked for it back in a loan they charge you interest. So banks can make a profit from 29%-62% on your money. When you factor in the fact that most people continue to borrow money over and over again the profits for the banks skyrocket.

After learning how the banks used my money to make themselves rich I decided to use my money to help make me rich. I now teach others how to create financial freedom for themselves.

Now that I have revealed the biggest heist in history I am tasking you with finding a way to make your money work for you instead of working for the banks.

If you are interested in learning how to produce greater cash flow using sound wealth building strategies then proceed to the following link. www.themoneymotivator.com If you had a solid method to make money in good times or bad times do you think you would be ahead of the game? How would that effect your debt reduction plan?

Go here right now to find out how David does it. www.themoneymotivator.com David Wells can show you a way to make money during inflation, recession or depression. Yes you heard right.