We have options

One of my hobbies is Austrian economics.  You can read more about what it is by clicking the link.  I've done all the normal avenues of investing and retirement and have also done non-conventional methods like self-directed IRA's.   All of it takes quite a bit of study, but what I found with all these is that, no one does the job like I would do it.  It's my money and no one cares as much about it as I do!  If it's not in your control as much as possible, you are really leaving yourself open to some great disappointments!  I've been successful with these despite the personnel issues, but kept searching for something better.   I got a text form my brother one day that said to check out a book called Becoming Your Own Banker by Nelson Nash.  I got on Amazon of course and bought it.  I read it twice fairly quickly.  All I can say is I got it, or most of it.  I got the main premise and then started digging.  In my studies I met a wonderful lady named Paige McKechnie.  We've known each other now for a couple of years and have great discussions about finance.  I think many of us are frustrated and need to know there are more options besides 401k's and IRA's.  There's a whole host of academia that follows this as it's first rule:  "The first job of an economist is to tell governments what they cannot do."  Say what?  Oh yes, you heard that right!  "While Keynesian economics (the economics taught in all schools and what our current system is based on) endorses government central planning, the Federal Reserve’s control of money and banking, deficit spending and opposition to savings in order to solve economic problems, the Austrian school advocates the direct opposite.  Espousing frugality and savings as what actually fuels capital investments; Austrian economists and students of the school preach the sanctity of private property, a market economy free from government intervention, sound money and the return of money and banking to the private sector." Paige McKechnie

Women have often been behind the curve in regards to finances.  We all know many of the reasons why and I won't broach that so we don't open up any debate.  The great thing is that more and more women are finally coming out of the finance shadows and learning.  It's growing at a fast pace.  I'm really excited about that, because we need to know what to do with our money, how to save, set up our futures properly and be able to pass the information down to our children so they don't end up with $30,000 or more in credit card debt by age 23.  It's very important! 

I know this may not be a hobby of yours and that it might not really interest you or be overwhelming, but I encourage you to rethink that and start reading.  Take back control over your money and retirement.  Do your own research so you know ALL your options and fully weigh it out and listen to your intuition.  Females have great intuition if we are truly listening to it.  Here's a few resources for you in a different mindset than what we currently have going.  The reason I wrote about this is that many people I speak with have no knowledge of these other schools of thought, especially women.  I'm just encouraging you to delve in and learn and decide for yourselves by knowing all your options.  Ask questions and don't just take anyone's word for anything!  Finding different avenues and thoughts and methods has been very empowering and I encourage you to read, learn and know!  For those of you that live close to Nashville, TN, there is a great educational event happening at the Brentwood library next weekend.  I've posted the info below.  I've heard all 3 of these men speak and they are phenomenal!  I'm going and would love to see my readers there.  “Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.” Ludwig von Mises

Economics in One Lesson by Henry Hazlitt

The Politically Incorrect Guide to the Great Depression and the New Deal by Robert P.  Murphy, PhD

Becoming Your Own Banker: Unlock the Infinite Banking Concept by Nelson Nash

We have money problems –   After the financial crisis of 2008, Americans slowly became aware of the shenanigans of the Federal Reserve, which our government mandates and even instigates.  The results—Wall Street fast money wins—Main Street loses.  In addition, our commercial banks, which are a part of the Federal Reserve System, legally practices Fractional Reserve Banking which in effect creates money out of air when we borrow from them. This inflates our country’s money supply, causes the purchasing power of our dollar to weaken, and is ultimately the reason prices rise on everything we buy. You and I suffer. We become poorer with each passing year.
 

We are in the grip of the government and the Federal Reserve.  The function of banking is no longer private nor the viable personal process it was long ago.  Tampering with the soundness of our currency became possible when our dollar was no longer backed by gold.  FDR began this process in 1933, but sound money was completely eliminated by Pres. Nixon in 1971 – only 44 years ago.  Our parents and grandparents knew a different world.
 

But there is a way to return banking to the “you-and-me” level where you and I can control, utilize and grow our money in a method that goes completely around the existing system.  The process is not something new - it has been available to us for over 200 years and is foundationally structured on contract law.  This personal money management system mimics all of the commonly known banking functions when used with the infrastructure of a dividend-paying whole life insurance contract.  Today, it is appropriately being called Privatized Banking because in a sense it returns money and banking to the private sector.  The benefits to you are:

 Superior Cash Management        High rate of return w/ guaranteed minimum
 Liquidity-easy exit strategy         No Negative Market Volatility
 Control                                           Low fees
 Creditor Protection                       Completely Private-when properly used
 Guaranteed Contract Elements   Tax Free accessible funds when needed
                                   

...Come learn even more at our educational event

 

                           

 

Workshop on Privatized Banking    January 24, 2015

                                                                                          Saturday,  7:45–11:45 a.m.
 

Taught by one of the most publicly acclaimed economists of the Austrian School

– Dr. Robert P. Murphy
 

R. Nelson Nash, the creator of this revolutionary cash management system notably known as
The Infinite Banking Concept

&

Nationally known strategic corporate workout specialist - L. Carlos Lara
 

Together, these experts unfold today’s money & banking dilemma and show us how we can finally break free from our financial bondage by “Becoming Our Own Banker” 

 

 

 

11Evet

Event Location: Brentwood, TN Public Library

Tickets: $15 Individual / $20 Couple
Ticket price include books, Becoming Your Own Banker and How Privatized Banking Really Works