This is a guest posting from Einstein Structured Settlements…
I’m sure when you hear terms like “becoming your own bank”, you think about handling big bundles of money, or staring at four monitors while trading your stocks, but in fact it is quite the opposite. The concept of becoming your own bank, is to educate yourself on everything financial, which will not only save you money in the future, but also in the present.
Most people spend “extra” money, or more money than they need to, usually on things like:
1. Overpaying on your taxes – This is one of the most common occurrences. The tax code is so hard to understand that many people interpret it incorrectly, causing them to pay too much money in taxes!
2. Earning less interest – Without educating yourself on where to put your money, you may be holding your money in an account that produces barely any interest.
Most peoples’ financial strategies lack a key element, and that is control. Empowerment is the first step to financial freedom. To become educated is to become empowered. BecomingYourOwnBank.com could possibly be the difference between getting that tax refund, or getting…well…nothing!
Even simple tools like an Annuity Calculator for Structured Settlement Payments can help you determine what deal is the best for you financially. An Annuity Calculator for Structured Settlement Payments can help you manage a settlement and determine how you are going to spend your lump sum payment.
Many people have structured settlements and contemplate what option is best, whether they should take a lump sum or if they should take structured payments for a pre-determined amount of time. While everyone’s financial conditions are different, it is important to make sure that your settlement adjusts with inflation.
Becoming your own bank means one thing: controlling your financial freedom. If I told you that there was one place that you could go to right now, where all of this information on how to save money, and get back money is readily available…you would jump for a chance to get it, right? What if I told you that it was FREE!? BecomingYourOwnBank.com has put a lot of time into creating the “Infinite Banking Tool Kit”, which has all kinds of useful information, including everything from learning how to stop overpaying on your taxes, to making sure you’re making the most interest on your money.
Did you know that banks actually use your money in your bank accounts to make more money!? That’s right! Banks use your account balance to make market trades, and that gives them the ability to make money off of your money. By making sure that you get the highest interest rates possible, you can get your fair share of the profits!
Becoming financially secure carries many benefits, including the ability to live life stress free and with the freedom to do as you please. People that have structured settlements should definitely consider selling their annuity for a lump sum cash payment, because it will give them the money that they would need to either pay off past debt, or to make investments in their future. If you want to secure your financial future, and have cash on hand, (instead of only on paper), visit Einstein Structured Settlements and cash in on your annuity with the help of an expert factoring company in the settlement industry.