What is a paradigm? Bob Proctor who is a personal development coach gave the following definition:
"A paradigm is a multitude of habits lodged in our subconscious mind".
Paradigms can be good or bad!
So how are your PARADIGMS about MONEY affecting your financial future & future generations?
For example when it comes to money the mainstream financial planner advised their clients to put their money in tax qualified plans like 401(k) plans, 403(b) plans, IRA's, etc. prior to 2001. (Watch the short videos below "The Truth Behind Hidden Fees in 401(k) Plans" & THINK how this affects all TAX-QUALIFIED plans!)
Then after the 2001 financial meltdown clients were then instructed by their advisor to leave their money in these financial vehicles stating the market will come back. Then the 2008 financial meltdown happened and the client lost even more money!
Another example is business owners are advised to use other peoples money (OPM) by borrowing from banks or lending institutions but then went out of business going deeper into debt to grow their business - instead of creating a strategy to have more efficient use of their revenue so when financial meltdowns like 2001 & 2008 happen they can stay in business!
Another HUGE issue with the mainstream advice is they DO NOT teach that TAXES DESTROY WEALTH & YOUR FINANCIAL FUTURE! Watch the video below "Truth Concepts: Laffer Curve On Cash Flow" that proves How & Why TAXES DESTROY WEALTH!So WHY aren't you minimizing your taxes instead of deferring taxes???
"Rule #1 - Never lose money. Rule #2 Never forget Rule #1" - Warren Buffett So we have one of the wealthiest people in the world telling us to NEVER to lose money but the mainstream is telling us to put our money in WALL STREET! You have to wonder WHY is the mainstream advice telling us to risk OUR MONEY ???
By the way, Warren Buffet made his money by diligently researching companies before he bought their stock but eventually he would purchase controlling or major interest of stock in the company OR he would BUY the company! He was NOT in 401(k) Plans, mutual funds, etc.! He was really in the business of buying or having controlling interest of companies!
Why do we continue to follow the paradigms THAT LOSE MONEY FOR US? One reason is because we are told that everyone else is participating in these financial vehicles so it must be a good thing to do yet we are losing wealth OR we are told other businesses are creating debt by using OPM to grow their business so that must be the right advice yet we see businesses fail!
Another way to look at it - WE are programmed by our environment BUT WE DON'T HAVE TO BE!
Think of it like this, if you moved a new born baby from the United States to China that baby would grow up learning their culture & language & if you moved a new born baby from China to the United States that baby would grow up learning our culture & language! It does not matter what DNA the child has it ONLY matters what the child has been taught to believe or not believe!
Just because you "believe" something does not make it true or accurate!
The same is true with our financial education - if we just listen to the advice that produces losses like 2001 & 2008 then we are going to experience losses as well.
THINK about this question - When Congress creates EXCESSIVE TAXATION & then provides an exception such as TAX QUALIFIED PLANS (401-k, 403-b, etc.) aren't you just a little suspicious you are being manipulated? WHY not just cut taxes to begin with?
TAX QUALIFIED PLAN violates 3 basic TRUTHS:
1) TAXES are going to go up! They have gone up since 1913! 2) It is better to pay taxes prior to saving your money than on the lump sum later in life. 3) A dollar is ALWAYS worth more today than in the future because of INFLATION. More on inflation later!
There are so many signs for us to see (as described above) to change our PARADIGMS about money but it is only YOU that can change how you THINK by educating yourself through self awareness & not following the crowd!
For those that follow the teaching of Dave Ramsey you may want to click HERE.
Here is a way for you to change your own paradigm! Click HERE to use a calculator (created by colleagues of mine) showing how inflation & losses in the market CAN & WILL have a detrimental affect on your financial future! You can create interesting scenarios with "Investor A" & "Investor B" on this calculator. You can use the following to login or register your own account. Username: truth Password: truth777
WHY not PROFIT FORM YOUR OWN DEBT like the banks do when you borrow money from them? Would you have more money if you could have all the money you paid for the use of someone else's money (vehicle loans, lines of credit, mortgages, etc.) OR when you paid cash for major purchases never to have that money grow for you anymore?
To really understand economics & how it affects your financial future download below & read "Economics in ONE Lesson". You will also learn WHAT our role is as a citizen & WHY we should demand less taxation! This book should be MANDATORY READING FOR EVERY CITIZEN!
If I could show you how to create a system to PROFIT FROM YOUR OWN DEBT - WOULD YOU?
If you have any questions please complete the form below or you may call, text or email me anytime.
What can I do for you?
Whether individual or business owner I will help you change your paradigms about money so you understand what causes financial meltdowns and how to change your financial future so you have guaranteed growth & turn your liabilities into assets.
My field of expertise
Teach individuals or business owners how to:
minimize taxation so you keep more of what you earn
minimize the effects of inflation in your financial plan
creditor protect your wealth (in most states)
provide a more efficient use of your MONEY
"The PROBLEM" & "The SOLUTION" pages will provide an education that you most likely have never heard before. The information will provide the KNOWLEDGE you need to change YOUR PARADIGMS ABOUT MONEY!
The information I present is to provide an EDUCATION so everyone can THINK and make more informed decisions for their financial future.
I am not rendering tax, legal, accounting or investment advice!