What is IBC #3 – Velocity of Money

In my  last message I explained the principle of Interest Volume. Hopefully you saw that the rate of interest is nowhere near as impressive as the Volume. Knowing and applying this will help a person build wealth without risk in the market.

In this message I will explain the principle,

“Velocity of Money”.

First, what is Velocity of Money? Simply put it is using the same dollar over and over again at the same time adding the Interest Volume to that dollar.

Study this picture as it illustrates Velocity of $50,000 used to make three loans in the first three years and all three being paid off at the end of the sixth year.

You see that as soon as the first year’s money is back in the original circle it is reused for the next loan. At the end of year two there would be almost $16,000 in the original circle to be reused and by end of year six it has grown to $65,000! That’s how banks do it. Why not you?

You can if you are your own banker!

In my next message I will explain more of these powerful financial principles that will help you create greater financial wealth. But, if you would like to read more about the strategies of becoming your own banker click here.

In the meantime, if you would like more information regarding Privatized Banking or have any questions regarding how it relates to you feel free to contact me at 435-757-1257 or e-mail at craig@beyourbanker.com