Many Americans are on a treadmill with the goal to be further ahead but just can't seem to get there due to the following factors:
Rising Cost of Health Care
Average American Household
(Debt of $250,000)
The average individual pays 34% of the money they earn in a lifetime out to interest. This interest goes to cars, credit cards, student loans, mortgages, all the things we finance. This is money going out that we will never get back.
About $.40 of every dollar the average American earns goes out to taxes. Everything from income tax, to sales tax, capital gains tax, gas tax, estate tax etc.
This leaves approximately 26% to pay for everything else like food, clothes, insurance, gas, etc. We call this Lifestyle money. Of this amount only 3% goes towards savings…
Enter The Your Family Bank® By Vivensure Concept
Most financial advisors concentrate on the 3% savings. And you know what they will tell you - “You’ve got to save more money” - but most people are unable.
At Your Family Bank by Vivensure, we focus on the problem, the 34% that is going to interest and the 40% going to taxes.
What if we could reduce that 34% going to interest and also reduce taxes? That would allow for more lifestyle money and would also free up cash to contribute towards savings!
Using the Your Family Bank 7 steps of Money Management, we can do just that.
This concept is a unique way to get off the treadmill. It's rather simple actually... stop paying banks and lenders. Take every dollar and make it go to work for you. Avoid risk and secure your future with guaranteed growth you can count on.
How banks leverage cash flow
You put a $10,000 in the bank, and the bank may give you 1% interest on those funds.
Walk in the next day and try to get a $10,000 loan, what would your interest rate be? ...24%, 12%, 5%, 29%. It all depends on variables like credit score, what you’re getting a loan for etc.
How would you like to be the bank? - Use your dollar like a bank - Give every dollar two jobs - Create compounding interest for yourself
Your Family Bank® by Vivensure enables individuals, families and businesses to create a personalized road map to capture some of the interest normally paid to financial institutions and operates similarly to the federally chartered bank down the street. Your Family Bank® by Vivensure teaches the individual how to have freedom from the traditional method of financing, which means, you will no longer be dependent on banking institutions or finance providers for funds. By becoming your own bank, you can keep the loan interest as well as the principal--you take back control over the loan stipulations and, ultimately, you transform your debts into assets.
“I was reviewing our bills and was frustrated that no matter how hard I tried, I couldn’t seem to lower our debt. I couldn’t figure out what I was doing wrong. After listening to (my YFB producer) and seeing the numbers on paper, I have to admit, the program intrigued me. I told them that at this point there had to be a better way than what I was doing and was willing to try anything. Come to find out, this way was better. We have now been on the plan for almost two years now and have paid off over $50,000.00 in debt. I should also mention that we have not had to change our lifestyle either. Our personalized financial plan shows that we could be completely debt free within 10 years, including our mortgage, and still be able to send our 2 children to college and retire without financial hardship. Thank you for being patient with a skeptic and providing the tools to obtain a debt free future.”
We do not consolidate, we do not negotiate, we ELIMINATE debt. Because families and businesses are already strapped, we do not expect them to come to the table with more money. The best part of the process is our Financial Coaches find money by identifying inefficiencies in spending and direct these dollars toward your own bank. We can help the average family and business accomplish complete debt payoff in roughly 9 years. Once we plug the leak of interest payments and tax inefficiencies, the family or business can really begin to plan for their future. How can you get ahead when you have more going out the back door in interest and taxes than coming in the front door in income and interest earnings? You really can’t!
Take the time to sit with us for 45 minutes, we can create your personalized road map to give you your exact numbers.