Today, 34 cents of every after-tax dollar in America goes to servicing debt. Couple that
with a tax environment where the citizenry celebrates “Tax Freedom Day.” The first
day that Americans work for themselves. That’s right, the exact day varies by person,
state, and tax year, but it is usually in early or mid-April. Every dollar earned before
that pays for federal, state, and municipal government services.
With this picture in mind, and the accumulation-potential compounding of this
money over a lifetime. No, over generations. The capturing of the financing position
in every family is really the conversation of net earnings. We are a society who will
go to great extremes in education and training, sacrificing years, spending fortunes,
and very often financing great portions of this “education” on the promise of higher
earnings.
It is the intention in these pages to illustrate a method of financing major purchases
over a lifetime using a time-proven product, whereby one dollar performs multiple
jobs. This puts the owner in a position of financier, turning major purchases/expenses
into wealth opportunities to build real wealth.
A slave is one who waits for
someone to come and free him.
Ezra Pound