Everything we do with our money will fulfill our dream or fulfill someone else's dream.

What does this mean?, I have been asked.

Every decision we make about every penny we earn will either help us fulfill our dreams, if it was a good decision, or pull us further away from our dreams, if the decision was not so good for our circumstances.

If it is pulling us further away from our dreams, then someone else is more than likely profiting and so they are getting closer to their dreams.

Every penny in circulation is earning somebody money and losing somebody else money. Or else, there is an even exchange of value for money, but who determines that? I suppose the parties involved.

It is really important to know the true cost of anything we are spending our money on. While we are in debt, any money that we spend is actually costing us a lot more than the cost we are being asked to pay. Once you take into consideration the other factors of our financial circumstances, especially concerning the factors of our debts, the true cost of spending goes up.

While we are paying interest on debts, any money we spend has to include the amount of principal and interest charges that could have been cancelled had we not spent that money.

Let us look at how Idle Money moves us further away from our dreams, in this Bank Strategies 5/6 - Reposition and Maximize Idle Money HUB.

I'm sure you can guess what idle money is.

Money that is sitting stagnant in a cheque account. Money that is sitting in a savings account earning very little interest. Money that is earning you way less interest than you are paying on your debts.(and just looking at the interest rate will not determine if you are earning more than you are saving) I consider all these scenerios, idle money.

Money sitting in a cheque account is considered to be idle or stagnant money, and the more we have in our cheque account, the more the banks love us because we have provided more money for them to invest for themselves, and lend back to us. However, we earn nil, naught, nothing, zero, zilch, nada, numero cero, on this money. So whose dreams are getting realized and whose are moving further away in this situation?

You might be saying; so what, it's not that much! OK, well think about this...

Let's say you bring home approx. $8,333 per month. You deposit that in your cheque account each month and let it sit there, under normal circumstances, and wait till the bills are paid.

Over a year that is $100,000 dollars worth of deposits you have had stagnating in your cheque account while it has been working hard for the bank.

Let's look at say the last 20 years.

That is $2,000,000 dollars you have deposited in to the bank. But what benefit have you received? Absolutely none. But you can be certain it has been working for the bank 24/7/365 .

Let us say Mr. Normal has $4,000 sitting in his cheque account and $2,000 sitting in his savings account. He also has a line of credit with a balance owing of $10,000 being charged 10%.

If Mr. Normal puts the $6,000 from his chequing and savings into his loc he will now save interest charges of 10% or $50 on $6,000, each month.

That $50 now becomes discretionary income and can compound on itself.

In order to achieve an investment of around 10% Mr. Normal would have to earn 12%.

What if Mr. Normal doesn't have a loc but has plenty of credit card debt. Could he use the same bank strategy? I think so!

Is Mr. Normal's money still available to him to use if needed? Yes.

Here you can see the Fedex logo. We have all seen it for years, yet very, very few people I have spoken to knew that the logo contained a hidden arrow. Did you know? But this is such a familiar logo. Everyone knows it. Yet how closely have you actually looked at it? It is the same with our money and how we bank. You might think you know everything about banking but you don't know what you don't know. So have a paradigm shift in your thought processes and see if you can see the arrow. 

• Do you even know what your dreams are anymore?
• Is paying off all your debt one of your dreams?
• Have you thought about what it would be like to owe nothing to anybody?
• Do you have a plan to get out of debt?
• If so, are you following that plan on a regular basis, every month?
• Is your plan and the math in your plan guaranteed to be the fastest way to get out of debt?
  
• Do you want to be debt free?
• Do you want to retire early?
• Do you want to give more time and money to charity?
• Do you want to leave a legacy behind for your kids and grandkids?
• Will you allow the fact that you don't have a plan stop you from achieving all of your dreams?
• Would you like to help creating a plan that works like a GPS system, in real time?
  
• Are you willing to have a paradigm shift in the way you understand banking and look, with an open mind, at a tool that over 60,000 clients are currently raving about?

OR

• Will you choose to do nothing and let your creditors continue to use your money to get rich when you could be using it yourself?
• Will you allow the "Sounds too Good To Be True" voice in your head stop you?
• Will you continue to do the same thing with your money and get the same results for the rest of your life?
• Really, what are you going to do? Something or Nothing?
• Click the Money Merge Account link below and contact me for your free analysis. You have nothing to lose but your dreams.
  

Most people are paying so much more interest than what they are ever going to be able to earn, anywhere. If you want to get closer to manifesting your dreams, stop fulfilling the banks dreams. Start your money working for you 24/7/365.

Focus on paying off your debts first, in my unprofessional opinion.

Interest is always working. It is either working for you or working against you, but it never stops working. Start using a system that helps to make interest work for you more often, right now.

To help anyone who has any amount of debt pay it off fast, an award winning Money Merge Account system is available. It coaches you to reposition and maximize your idle money so you become debt free in the fastest way possible.

The UFirst Money Merge Account system also figures out for you, the true cost of every penny you are spending. It helps to educate you about your money so you can make informed, educated decisions that can take you closer to your dreams, instead of making emotional, irratic, uninformed decisions about your money that can destroy your dreams forever.

To read my final HUB in this series click Bank Strategies 6/6 - Advanced Strategic Payoff.

(Jennifer Bhala Hansen is new to internet social networking. But, if this hub article has been interesting or helpful to you, a thumbs up rating and a comment would be much appreciated!) Thanks.

This hub post holds the intention of helping all who read it to learn, research, grow, and love our fellow humans/animals.

Information provided here is for EDUCATIONAL PURPOSES ONLY and is in NO WAY intended to replace proper financial advice. IT IS NOT to be construed as instruction on how to pay-off debt or overcome any financial situation the reader may be in.

Every individual is different, thus what may work for one may not work for another person. The writer of this hub post will not be held accountable in anyway if and when the recipients of this hub post choose to apply the information they read for their own personal use. Consult with the professional financial authorities of your choice.

Remember, taking responsibility for your own wealth is your own personal decision: do your research and choose wisely. I commend you!