Archive for the ‘Money Matters’ Category

“‘One out of five cannot pay its monthly bills.’

What will happen to these people when interest rates rise and easy credit disappears?” -Bill Bonner

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Cash Free

Posted: May 26, 2018 in Money Matters
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“47% of Americans do not have $400.00 in cash.” -Federal Reserve

“Nearly 51 million households – or more than 40% of all U.S. households – can’t afford even the basics of a middle-class lifestyle.” -Justin Brill

Money Flow

Posted: May 13, 2018 in Money Matters
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“Money flows through banks just the way water flows through rivers. However, whereas the flow of water is determined by the laws of physics, the flow of money is determined by the choices of men (and
women).” -Ryan Griggs

Bank Robber

Posted: May 11, 2018 in Money Matters
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“When you have a gun, you can rob a bank. When you have a bank, you can rob everyone.” — Anonymous

“Notice the core around which the banking — and all financial — business revolves. The flow of money.” -Ryan Griggs

Public pensions nationwide are crumbling. Legal loopholes are widening. If you don’t take action to protect yourself and your loved ones, you could be left with nothing….  this is not a hypothetical.

In 2001, the vast majority of pensions were fully funded. Generally speaking, “well-funded” means above 80%. But 50% funding or less is considered the “crisis point.” It’s extremely difficult to come back from 50% or less.

According to a new report from The Pew Charitable Trusts – an independent research organization – pensions in Colorado, Connecticut, Illinois, Kentucky, and New Jersey are less than 50% funded. In fact, New Jersey sits at the bottom of the list… its pension is only 31% funded.

If you’re one of the tens of millions of affected Americans, you should know… you have zero control over what happens.

But there is a solution….  You can move money from your pension….  This gives you total control of your money.” -David Eifrig