Is Your Current Financial System Broken?

Deposit Account Reality!

Were you brought up to be a saver?

From the time we were young, our parents or guardians told us to save, to put some of our money aside. “Save for a rainy day” they would tell us. “Don’t spend all of your money at once.”

On the face of it, it is good advice and for a long time, in your early development years, that strategy worked. You could trust the banks and you grew up with savings accounts, which showed you the benefits of saving by providing healthy interest rates. As you grew older, your bank would encourage you to do the same. SAVE. They told you to keep putting all of our money into that savings account...

But what is happening with your money as it sits in that account? The answer is not what you may think...

Today, as your money sits in your savings account, it is actually being eroded. Whether savings account interest rates are high or low (and currently they are really low), that interest rate you get paid is never higher than the rate of inflation. Though your money is growing in numbers, your spending power is actually decreasing while we’re saving...

Inflation eats and consumes all the interest that you earn. That’s the reality of what’s happening.

When most people hear this for the first time it comes as quite a surprise to them but once they think it through, they know it to be true.

So when do you get away from the savings scenario that erodes your money?

The answer take control and invest for yourself

No one on the times rich list got there through interest on their deposit account!

Why not stop being a saver and become an investor?