In a world where inflation steadily erodes the value of money, the dollar you hold today is the most valuable it will ever be. The key to financial freedom lies in maintaining control of your money, allowing you to take advantage of opportunities as they arise. By opting for longer mortgage terms, limiting retirement contributions to employer matches, and avoiding extra mortgage payments, you can build a pool of liquid cash that keeps you in control.
When it comes to financial planning, we all have one end goal in mind. That’s retirement. For the past thirty seven years as a financial services professional, when people come to us with their yet to be taxed IRA or 401K statements, they are generally shocked when they find out how much they have to pay in taxes.Many don’t realize that after you earn your income and you pay your tax, whether or not you pay tax again on that money, the rest of your life is optional. It’s voluntary. The key is knowing what your choices are up front.
Currently we’re at 20.7 trillion of money in circulation. In 2025, it’s projected to be 33.5 trillion, and in 2029, it’s projected to be $53.9 trillion. Doesn’t that create inflation? What does that mean to us? Well, isn’t inflation really having an effect on the purchasing power of our money? Isn’t that literally a way that the government found to pay their bills by taking money from us, stealing our purchasing power?
We all want to make the most of the resources available to us; to be as efficient as we can be while also avoiding wealth transfers. Once a decision has been made to part with our dollars, it is permanent. Since we can never have those dollars back again, it makes sense to spend them wisely.
We’ve all heard of inflation, but have you considered the impact inflation is having on your ability to get ahead financially? We’re going to show you exactly how much inflation can hinder your ability to reach financial freedom.
You have heard of inflation, but have you ever wondered how you can protect you and your family from its eroding effect? We are going to teach you exactly how the infinite banking concept can protect you from inflation. Inflation is the rise in price of goods and services and it reduces the purchasing power of our dollars. The problem is, the longer we hang onto our money, the less it can buy for us. This video will cover the 6 ways you can use Whole Life Insurance to protect yourself from the effects of inflation. These personal finance tips can help you regain control of your money.
