Private Reserve Strategy
Control of your money is far more important than growing it. Once you earn a dollar it should work for you the rest of your life. Financial independence is created by the money you work for. True wealth is created by the money that works for you.
The Saver prefers to save towards a major capital purchase and then pay cash. The saver must then save again for the next capital purchase. The Saver does not pay interest to a financial institution, however, the saver forgoes earning interest on the money consumed by the purchase.
The Wealth Creator saves to build up a continually increasing pool of money. When a major capital purchase is required, the Wealth Creator is then in a position to choose how to financial the purchase at the most favorable terms and rates.
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