Showing posts with label interest rate myths. Show all posts
Showing posts with label interest rate myths. Show all posts

Thursday, August 1, 2013

Interest Rate Myth Rebuffed

Rethinking the Car Buying Strategy


This post is being brought to you today as another example that what we thought we knew, just ain't so.

My friend and partner Mike Everett at Life Success and Legacy provides this simple video explanation of how we used to think about buying cars. We use the teaching in this video quite often when people are exploring what Infinite Banking could mean for them and their future.  More of these types of videos can be found at the Life Success and Legacy web site under the videos tab. 

Again, just a little bit more open-mindedness and education for some people could make the difference in how they view personal banking as taught through the Infinite Banking Concept by Nelson Nash and through our ongoing teaching and leadership at Life Success and Legacy.  Contact us for more information or a copy of Nelson's book, Becoming Your Own Banker.

Tuesday, July 9, 2013

Knowing Next to Nothing

I learned something amazing the other day while sitting around with my friend Mike Everett at the Life Success and Legacy "Home Office."  I learned about some of the Myths in Regards to Interest Rates.  When Mike showed me some examples about interest rate myths and I watched this video (from our videos page) again, it hit me like a ton of bricks that in this regard I thought I knew a lot, but in reality, almost next to nothing.

You see, most of us have been taught to get low interest rates on housing. This is good.  Most have been taught high yield interest rates on investing is good - real good.  But again, when I watched the video, I soon realized that the banking equation that I thought would work better for me, was proven the opposite in Mike's video.  The interest rate myth was busted!!

You see, it's OK to know what you think you know, but when you step into "the light" with new or renewed knowledge as I did yesterday, then I/you have a responsibility to do something to turn the financial equation in my/your favor NOT in the favor of "the other guy."  Again, watch the video entitled "Interest Rate Myths" and see if the light bulb causes you to wonder about how you finance your next car - then contact me to see how LSL can help you control the WHOLE car financing equation.