SPONSORED

How Your Success or Failure Will Generate Interest

Sep 1, 2017, 3:00 AM | Updated: Sep 11, 2019, 12:43 pm

National Achievers CongressThis article is sponsored by Success Resources America’s National Achievers Congress. The organization exists to support individuals, enterprises, and groups through education and North America’s largest personal and business development company.


Do you want to create wealth and be financially secure? Then you need to make interest work for you, and not against you. Interest will either create wealth for you, or it will rob you blind.

If you have a balance on your credit card, every month your credit card company adds interest to the amount you owe. Then they charge you interest on your balance plus more interest. It just keeps growing. It’s a monster.

If you carry a balance of $5,000 over ten years at 22% interest, you’ll pay $44,235 to your credit card company. That’s crazy. You’ll never reach your goals doing that.


Making Interest Work For You

You need to flip the equation. Instead of paying interest to make your bank rich, collect interest and make some money for yourself. Here’s an example, if you put 1,000 dollars in an account that earns 6% interest, your money will double in 12 years even if you never make another move. Doubling your money is pretty good, right? But if you add just a tiny bit, say $3 a day, you won’t have $2,000. You’ll have $23,000! Just by adding a few bucks a day. Now you’re on your way to some real money.


Get The Motivation You Need

Investing money and creating wealth is tough. It takes discipline, and sometimes a little courage. Get the motivation you need at The National Achievers Conference, coming to Salt Lake City on September 22. Learn strategies to create massive positive change in your life from keynote speaker, Tony Robbins along with special guests, The Social Media Guru, Gary Vaynerchuk, Shark Tank Investor, Kevin O’Leary, and many more! Get your tickets now!



KSL 5 TV Live

Top Stories

Sponsored

tips how to quit smoking...
Eric Openshaw

7 Tips How to Quit Smoking | Quitting Smoking Might be One of the Hardest Things You Ever Do but Here’s Where You Can Start

Quitting smoking cigarettes can be incredibly difficult. Here are 7 tips how to quit smoking to help you on your quitting journey.
12 days ago
Photo: Storyblocks...
Blue Stakes of Utah 811

Blue Stakes of Utah 811: 5 Reasons To Call 811 Before You Dig When Working in Your Yard

Call before you dig. Even at home, you could end up with serious injuries or broken utilities just because you didn't call Blue Stakes of Utah 811.
13 days ago
Days of...
Days of '47 Rodeo

TRIVIA: How well do you know your rodeo? Take this quiz before you go to the Days of ’47!

The Utah Days of ’47 Rodeo presented by Zions Bank is a one-of-a-kind Gold Medal Rodeo being held July 20-23, 25 at 7:30 PM. The Days of ’47 Rodeo How well do you know your rodeo trivia? Take the quiz to test your know-all before heading out to the Days of ’47 Rodeo at the […]
20 days ago
cyber security through multi factor authentication setup...
Les Olson IT

How multi factor authentication setup helps companies stay safe

Multi factor authentication (MFA) setup is an important security measure that every company should implement for their workers. It’s also wise to install it for your personal and home accounts.
28 days ago
...
Lighting Design

Check out these stunning lamps with stained glass shades

Lamps with stained glass shades are statement pieces that are more than simply aesthetic. They also meet a functional requirement: to light up a room.
1 month ago
Address Bar of internet browser shows internet access...
AARP Utah

Utah voters 50+ support increased access to Internet

The AARP surveyed Utah voters aged 50 plus about internet access and if they support the expansion of broadband, especially in rural areas currently lacking it.
1 month ago
How Your Success or Failure Will Generate Interest