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Bank Strategies 1/6 - Cancel Interest Charges86

Bank 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    homeowner line of credit heloc
Bank Strategies 2/6 - Interest Float84

Bank 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    heloc money merge account
How Much Profit Do Banks Really Generate With Our Money?82

How 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 scenario where the bank divided that $100,000...

0 comments    interest rates
Financial Strategies # 5 INTEREST rate vs cost - earned vs charged82

Financial 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    interest rates interest charges
Bank Strategies 4/6 - Time Value of Money81

Bank 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    bank interest paradigm
Financial Strategies # 2  Cost of Life Insurance - Term vs Whole Life82

Financial 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    whole life insurance
Pain Relief - Why I don't use 'Pain Killers'79

Pain 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    pain relief pain killers
Bank Strategies 3/6 - Interest Accumulation79

Bank 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    finance savings interest
Bank Strategies 6/6 - Advanced Strategic Payoff.76

Bank Strategies 6/6 - Advanced Strategic Payoff.

As a society, we have been led to believe that focusing only on the interest rate of a debt is the number one factor in determining whether that debt is expensive or cheap compared to our investments, as well...

8 comments    interest new year resolution
Health and Wellness - modern medicine or natural medicine, you choose.75

Health and Wellness - modern medicine or natural medicine, you choose.

The Mainstream Pharmaceutical Industry has become "The Managing of Sickness Industry" Mainstream modern medicine has made sickness very complicated with dangerous pharmaceuticals, symptoms, side-effects,...

18 comments    essential oils natural medicine
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