Chris Naugle

When we put our money in the bank, let me ask all of you a question.

Why do you do that?

And the answer, every one of you would say, well, I don't know because that's what we were told to do.

Some of you might be like, oh, because they pay me interest on my money.

Great.

Whatever your answer is, that's what you were taught to do.

Now, when you put the money in the bank, let's say the bank pays you 3%.

Now, most of you are not getting 3%, but let's just pretend you were.

Does the bank take your money and just put it in a vault and leave it sit there?

Absolutely not.

The bank takes your money and loans your money out at a higher interest rate.

Simple, right?

They pay you three, they lend it out at six, they make a three-point spread.

That's banking.

So if we can just understand banking from its core, that's a pretty cool business, right?

Banks are quite successful banks.

and make lots of money and they control all of our money.

We worked for the money the bank is putting to work and making the majority of it.

Because statistically, if you look at Bauer Financial, banks make anywhere between 400 to 1300% more than we do.

So you can continue to go through life, putting the banks in control of your money, or you can get off of the rat race and you can learn what the wealthy do and that is control of their money.