Putting a dollar to work and having it return to you over and over again sounds amazing right. It is the Velocity of money that counts, not the interest rates!
In the latest episode of Private Banking Strategies, Vance Lowe and Seth Hicks share how to put your money to work for you and how to multiply the same dollar over and over again and create systems and structure to always get your money back.
In this episode you will learn:
- How banks get their money back using the “fractionalized lending” strategy
- If you should be paying your monthly expenses or lending for your monthly expenses
- The 10% rule to paying yourself first
- Why lenders lend money to create “exponential compounding”
- And more!
Tune in to hear more on Private Banking Strategies fourth Pillar the “Velocity of Money” .