Hubs 1-10 (updated every 30 minutes)sort by Hot Best Latest
83Bank Strategies 1/6 - Cancel Interest Charges
If you could walk into your bank and hand them $5 and in return they would hand you $23 through the teller window, how many times a year would you want to do that? This is not possible, surely?, you ask. Yes it is. How is this possible? This...
21 comments
82Financial Strategies # 2 Cost of Life Insurance - Term vs Whole Life
Obviously Term Insurance is the cheapest price one can pay for a death benefit during the time of one's life that you are least likely to die. I think that is common knowledge, right? Because of this, it is actually good to own Term Insurance if...
2 comments
84Pain Relief - Why I don't use 'Pain Killers'
As soon as we are born and live in a body, it is inevitable that we will experience pain. Actually, we probably even experience pain while in the womb. Pain is a major interference with life, and I have had...
27 comments
82How Much Profit Do Banks Really Generate With Our Money?
The following charts depict one level of how VELOCITY creates profits for banks. This example shows some of what they earn on one $100,000 deposit into a CD for 5 years earning 1.5%. I have mapped out a...
0 comments
81Financial Strategies # 5 INTEREST rate vs cost - earned vs charged
As a society we have been trained to look at certain aspects of banking in a limited way because by so doing we can easily be manipulated into thinking something we are offered is a good thing for us, when in...
0 comments
82Bank Strategies 4/6 - Time Value of Money
The fourth Bank Strategy I will discuss on this HUB is Time Value of Money. Even though all 6 bank strategies in this series intermingle with each other, I believe, it is beneficial, to dissect each of...
7 comments
77Bank Strategies 2/6 - Interest Float
Still working with scenerio #1 from HUB 1/6 - Canceling Interest Charges in this Bank Strategies series, I have gone over the differences between a mortgage or amortized loan compared to a HELOC (home...
5 comments
77Financial Strategies # 3 - Is Paying Cash or Cash Value KING?
You either pay interest to someone or you give up interest you could have been earning with the money being spent. This means every dollar is either working for you or working for someone else, but it is working. Interest never stops working. How...
6 comments
77Bank Strategies 5/6 - Reposition and Maximize Idle Money
Everything we do with our money will fulfill our dream or fulfill someone else's dream. What does this mean?, I have been asked. Every decision we make about every penny we earn will either help us fulfill...
7 comments
76Bank Strategies 3/6 - Interest Accumulation
Following on from HUB's 1/6 and 2/6 is Bank Strategies 3/6, Interest Accumulation. Even though this bank strategy can be used any time by anyone, it is one of the main strategies (in combination with the...
11 comments
