life reserve strategy
Here is a story about John and his wife Mary. How they eliminate all their debts including Mortgage in less than 12 years and build a $1 million retirement.
They both have good jobs and make decent money but after they finish paying for everything they owe each month, they never seem to have much left over. The only time they seem to get money for themselves is when their tax refund comes each year. Then they heard about life reserve strategy and how they can take over their debts and begin building wealth at the same time. They got a custom analysis from a life reserve strategy specialist and found out that of the $3,059 per month that they're spending on payments, nearly 40% of those payment is actually going towards interest. The specialist showed them that if they started their own life reserve bank, they could recapture the interest that they're paying others and could began building wealth four times faster than they're doing today.
To build a custom plan, they shared with their life reserve strategy specialist all of their current debts. They had four credit card debts, two car loans, one student loan and a mortgage. All together they owed $334,724 to other people. In addition to paying off all of their debts they were putting some money aside each month for their retirement. They were always pleased when their retirement fund did well, earning sometimes over 10% per year. However; when they found out that they were paying banks and finance companies over 40% of their payments in interest, they decided they could do better than 10% by building their own life reserve bank.
By starting their own life reserve bank they saw that they would be able to pay off all their debt in 10 years or less and recapture the $3,059 per month that was going to someone else's bank. And that they could do all of this without working any harder, without changing their cash flow, and without taking on any additional risk. If you would like to find out how to get out of debt and begin building wealth at the same time, contact us to show you what a customized life reserve strategy plan would look like for you.