Compound vs. Simple Interest

The Compound Interest Escalator Analogy

When you get on an escalator it moves you from where you are to where you want to go. Compared to using the stairs, an escalator saves you a lot of time and energy. When you use an escalator the only effort you need to exert is at the very beginning and that is getting to and on the escalator. After you get on, the escalator does the work for you. Making car, mortgage or bill payments using this system is like getting on a Compound Interest Escalator.

Getting to the escalator is opening up your account. Getting on the escalator is having BOTH the cash flow to make deposits of $500 a month (using the car example) AND the funds deposited into your account to cover the cost of the first car + 10%. Otherwise, you are not on the escalator, you are on the stairs. No matter how much you wish it were otherwise the magic of compound interest will not work for you.

3 Points to Ponder

1. When you use the BankingLikeTheRich system who are you paying? Yourself

2. Who are you paying now? Others

3. So why are you, and everybody else you know, doing this? Simply put, you were never told about this highly unknown Secret of the Wealthy!

Now that you're aware of a better bill-paying system that can SUPER-CHARGE your finances, it's time for you to take charge and make that change! Contact us today to learn more.

Remember -- by using the BankingLikeTheRich system, you are NOT spending any more money than you are spending now. You are just paying bills like the wealthy do. If you do it long enough or spend enough, you increase your chances in joining the wealthy!

Genius...Albert Einstein said

"Compound interest is the 8th Wonder of the World. Those who understand it, earn it. Those who do not understand it, pay it. Compound Interested is why this bill paying system works."

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