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Friday, June 11, 2010

Bank on Yourself: The Life-Changing Secret to Protecting Your Financial Future...Review by the Doctor

About the book:
Bank On Yourself: The Life-Changing Secret to Growing and Protecting Your Financial Future reveals the secrets to taking back control of your financial future that Wall Street, banks, and credit card companies don't want you to know. You'll discover how to:
  • Have a rock-solid financial plan and a predictable retirement income that can last as long as you do – with no luck, skill, or guesswork required
  • Turn your back on the stomach-churning twists and turns of the stock and real estate markets
  • Get back every penny you pay for your cars, vacations, home repairs, business equipment, a college education, and other major purchases, so you can enjoy more of life's luxuries today without robbing your nest-egg! (The average family could increase their lifetime wealth by $500,000 to $1,000,000 or more using this method, without the risk or volatility of stocks and real estate)
  • Become your own source of financing and recapture the interest you pay to banks and finance companies – reduce or eliminate the control those institutions have over you
Can you imagine what it would be like to look forward to opening your account statements because they always have good news and never any ugly surprises?
More than 100,000 Americans of all ages, incomes, and backgrounds are already using Bank On Yourself to grow a nest-egg they can predict and count on, even when stocks, real estate, and other investments tumble. You'll meet some of them and hear their stories of how Bank On Yourself has helped them reach a wide variety of short-term and long-term personal and financial goals and dreams in this book.

I have to admit to a little pre-review bias here. I figured this was going to be another one of those 'financial' books that basically said "spend less than you make and you'll be alright". Even after the first couple of chapters I was sitting there thinking some rather negative thoughts.

So I talked to a good friend of mine who is in the financial services industry, expecting him to heap scorn on the book and justify my own personal bias and negativity.

So I was kind of blown away when he gave the book's overall concept a good review, and was in no way negative or critical.

So suitably impressed, I finished the rest of the book, and was honestly rather impressed. The concept is sound, legal (it's the financial industry--you know you always wonder) and something that can be implemented in your life without you needing $500,000 lounging around in an offshore account somewhere!

Read this book--it will change the way you think about your money a little, which I think we all need from time to time.

Thanks to FSB Associates for the opportunity to review this book. You can learn more about Pamela Yellen here.  You can purchase your own copy here.

Read 6/10

1 comment:

  1. So are you planning on implementing this plan?