How Smart People Are Growing Their Savings In New System

The old financial system is no longer working.  With historic low interest rates and rising inflation, we have no chance of saving for our future in the old system.  Bank CDs and retirement life insurance products, such as annuities, no longer provide a path to financial freedom.

Have you checked what your savings account is earning?  It’s negative when you take into account rising inflation on savings accounts that pay near zero interest.. Keeping our money at the bank will result in our money losing value each year.

The goal is to make money on your money so you can use your interest and gains to pay your bills and not touch your principal to  pay your expenses.

To get there, we can do what the rich do: Earn money on your money; get compounding interest on high rates.  Avoid selling your investment early in order that you can pay lower capital gains on long-term investments.  And defer capital gains by taking a loan on your investment.

It’s no longer just the big guys who have access to investment opportunities. In the old days, investors needed tens of thousands of dollars to invest in IPOs and private equity. Today, anyone can invest in Bitcoin and other cryptocurrencies with just a little money. 

Famous wealth managers, such as Paul Tudor Jones, and companies, such as MicroStrategy and  PayPal, have invested hundreds of millions in Bitcoin –and they did so in 2020.  So if you’re wondering if it is too late to invest, remember what Paul Tudor Jones said in October of 2020 — Bitcoin’s rally is just in the “first inning” and the cryptocurrency is the best inflation hedge we have.

It’s easier than ever for anyone to buy cryptocurrency plus earn interest on crypto & access loans using crypto as collateral. Financial applications built on decentralized blockchains are now leveling the playing field for us all.

Personally, I believe that the best financial app for earning interest on crypto and for loans is the Celsius wallet. I have transferred a portion of my crypto to the Celsius app, and each Monday I get an email that reports that I’m earning double digit APY on my cryptocurrency. And, my savings are earning compounding interest,.

Whether you have $100 or $10,000,000, Celsius pays the same interest rates on your crypto.  You’ll earn the same interest as billionaires.

You have the power to choose.

We all individually can choose a different financial system.

How do we do that?  Well it’s not by voting for politicians or by even giving free financial literacy education.  We do it by creating a new system + taking action to support the new system.  We vote for the new system by voting with our wallets.

If you’re interested in participating in the new financial system, you can open a Celsius account here.

You can stay with the old system that gives you zero or negative interest rates and overvalued stocks in a manipulated market.  Or you can choose the NEW system– cryptocurrencies and financial applications on blockchains, such as the Ethereum blockchain, that provide full transparency.

Money is a great teacher. 

Money can teach you that you can take responsibility over your life.  It teaches you that you have the power to choose.  Money can teach you that you can control the direction of your thoughts and emotions, which impacts the results you get.

Take responsibility for your life.  No one is going to do it for you.  Save yourself.

At this critical time in our history, we all must make choices.

We either choose to stay stuck in the old dying system that does not serve us or we decide to create a new system that benefits us all.  It’s up to each one of us individually.

Note:  To meet the CEO and co-founder of Celsius, Alex Mashinksy, listen to his AMA’s on YouTube.  He does a great job also covering important financial and economic news. https://www.youtube.com/watch?v=x59XKnase9Q

Disclosure:

The information presented is for educational purposes only and is not financial advise. Always do your own research before making any investments.  Unlimited Inner Power (UIP) can receive compensation when a product is purchased via links that are shared.