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You Need to Consider Becoming a Banker

We all know when you deposit your money into a bank, all the bank does is loan it out to someone else at a much higher interest rate than they are paying you for the use of it.  Of course the bank is taking a risk of repayment, but that risk is with your money, not the bank’s.  Yes, the banks petitioned the federal government years ago to offer FDIC Insurance to help make it less risky for each of us to deposit money into a bank, but nevertheless, your money is still at risk.
The next time you’re at your bank, look for the vault. You will notice it is usually right in the middle of the foyer.  It is in plain view and the big steel door is usually open.  It may have a plastic fence around it with another door that is opened with a lock, but the safe/vault is in plain view.  The building is almost always made of bricks.  The whole idea is to impress you that your money is safe.  But most banks keep little more than 10 percent of all deposits on site. The bank doesn’t want your money just sitting there in its vault — it wants to put that money in motion to make more money, and keep that money moving, loaned out and making interest income. If the money is sitting in the bank, it 1207isn’t earning one dime. We give money to bank, the bank loans it out and then gets paid interest.  We don’t get paid, the bank does.  How is that working for us?  
What if, instead, you could act like a banker by having a cash surplus that you could learn to put to work to make more money for you? Wouldn’t you like to earn money upon your money?  To do so it like taking your money and putting work clothes on it, a bib and overalls, so to speak, and adding work gloves and a hat as you send it out the door to go to work for you 24 hours a day, seven days a week with no breaks, sick leave, or vacations. You just say, “Goodbye my sweetheart money, keep bringing home the bacon.”  This is what banks do.  I contend, however, that there is no way for you to get your money to do this if you don’t get your spending under control so you can create a surplus. And if you have credit card debt and are paying 20 percent interest annually on $5,000 for example, you will pay $1,000 each year back to the bank.  Where did the bank get the $5,000 to lend to you on this credit card?  Right, someone else’s money.
But have no fear…You too, can learn to be a banker and put your money in motion to create more!  Here is a brief video link that will introduce you to this wonderful time-proven principle:  https://www.youtube.com/watch?v=M0mjqO8HohI. After watching this short discussion about money in motion, learn more about this principle and the other nine Money Mastery Principles at www.moneymastery.com.

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