Yes. You can tell by where the check is signed. Poor people sign their checks on the front, and rich people signs their checks on the back. Money is always moving. Money comes into your life, and money leaves your life. The same applies to interest. You are either paying interest or you are earning interest.

When many people decide to purchase an item over time, they ask the wrong questions about the loan. Of course they were trained to ask these questions, and if they didn’t their spouse would think they were stupid or something so the prospective buyer asks the typical uneducated questions: What is the payment amount? What is the interest rate? How long can I finance the purchase? This is what banks want us to ask. We play into their hands.

When paying interest we are taught to look for the lowest rate possible, but when saving the opposite is true. We are taught to chase the highest yield, the highest rate of return possible. Again, this plays to the bank’s advantage.

Nelson Nash in his breakthrough best seller, reminds us that it’s not the rate of interest that determines wealth, but rather the volume of interest, either paid or earned. If you can recapture the interest paid to others while replenishing your principal, you have created a Private Wealth System that will benefit your family for generations.

ASK US to send you information on how to determine your actual cash flow and the volume of interest you are paying, and what that flow costs you and your family. Premium Members of the Assets Elevated Community have access to forms and charts that can be used to develop your wealth strategy.