War On Wealth Series – Taxes

Remember, obtaining Financial Independence and becoming Wealthy is simply the process of continually increasing the gap between the amount of money that comes in and the amount that goes out. The reasons are many why you should start a personal business. Some of these reasons include Insufficient income in retirement, supplementing income, achieving tax benefits, utilizing the benefits of modern technology, following a life long dream, and even realizing the desire to just continue working. Read the rest of this entry

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War On Wealth Series – Taxes

With every tax dollar you pay you move further along the road of becoming an Accidental Philanthropist. Since the first income tax in the United States was imposed (under Article I, section 8, clause 1 of the U.S. Constitution) in 1864 during the Civil War, there has been an internal war raging in this country. That war, “The War On Wealth”, has been Read the rest of this entry

Popularity: 11% [?]

Keep Your Future Bright -
When Everyone Else Will Be Making Up for the Past

When times are tough, we all have the same options: 1) make more money to cover our costs, or 2) reduce our spending. What has the government done during these recent hard times? Spent more. Of our money.

While many of the banks that received TARP bailout money are repaying their debts, we’re still headed for a major loss. Read the rest of this entry

Popularity: 8% [?]

War On Wealth Series – Asset Growth

Business Loans and Business Credit With No Personal Guarantee – CLICK HERE!

Annuity Pros(Advantages)

One of the largest benefits touted is that annuities offer you tax-deferred income, as annuity income is taxed only when you elect to receive it. So you can avoid taxes on annuities if you never want to use it, however that usually is not the objective. It is taxed evenly no matter when you put the money in if it is annuitized (“flip the switch” and start taking income from the annuity). If you take it out some other way i.e. IRS rule 72t, withdrawals etc. then… Read the rest of this entry

Popularity: 26% [?]

War On Wealth Series – Asset Growth

The Money In Your Mind – Why The Rich Keep Getting Richer Click Here!

Not only is the average American unable to save money but there is a serious negative savings rate taking place that is piling up the debt owed in this country at a pace that is mind-boggling. These families are spending huge amounts of money to finance debt on the largest purchases such as, homes, major appliances and autos.

During a lifetime the interest paid on these purchases can add up to hundreds of thousands of dollars. Infact 34.5 cents of every dollar is being spent on interest to finance our american lifestyle through banks and finance companies.

It is possible to recapture the principle and interest that you’re paying to banks and finance companies, thereby putting that money away for the future. This can be done by creating your own private bank using cash value life insurance, which would enable you to take loans from this private bank. As you repay the principle and interest, it’s going back into your policy, where it is growing tax-deferred and can be taken tax free for your financial future.

To Create Your Own Private Bank…
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Popularity: 56% [?]