The wealthy use their banks only to pay monthly bills, but not to save money. Many use banks in hopes that their money will grow over time in the bank. Why? What the wealthy realize is that most banks only give you a small percentage growth on the money you save with them. What does this mean? You only make pennies on the dollar after saving your money with these financial institutions for years. So what is the point of using a bank for saving, when you will never see the return on your investment into the banks in your lifetime. The wealthy put their actual savings into things that will create a return sooner than later. This information is for you to share and educate your families. sshh! don't be to loud this is quiet money!
Video by:Greg Napier
*Do your own research.Go to your bank and ask them questions about how much interest your accounts make, and how much would your accounts grow each year at that rate. Next ask them how much interest they charge to get credit cards,loans,etc.What you will find is that the banks are big business, and wealthy people know this so they keep their money away!
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