Saturday, May 26, 2012

Banking Brief 2: The Truth About Interest

Mortgage Interest Rates Today - Banking Brief 2: The Truth About Interest.
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Banking Brief 2: The Truth About Interest Tube. Duration : 4.57 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Interest Rates Today . Did you realize that the average consumer pays over 34% of their after-tax dollars on "interest" over their lifetime? That's right! Consider this: 25% of every dollar spent on car payments goes toward interest - even with a car loan at 8.5% APR. Over 86% of the average American's mortgage payments go toward financing - even at 7% fixed APR! There is obviously more than meets the eye when it comes to interest. There is a huge difference between interest rate and interest volume. You must clearly understand the difference between them in order to make interest work for you instead of against you. This video will help. You will begin to see interest in a whole new light. By Becoming Your Own Banker, you can pay yourself the 34% interest that you are currently paying to banks and financial institutions. That change will have a dramatic financial impact for you in just a few short years!
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