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Private Banking Concepts Blog

By Marcy Predmore Financial Education Private Banking Concepts Success

The Need for Debt Reduction and Savings

ur paychecks are mostly consumed by the time we get done with living and lifestyle. Most people don't have anything left, but now we understand we need savings and emergency funds. Any plan that I help you provide or develop for yourself has to include a decent living and lifestyle. It also has to include having some savings or an emergency fund. The harsh reality is, is that according to gobankingrates.com in 2016, 34% of Americans had zero dollars of savings, and the next 35% had less than $1,000. So, that's 69% of the American population at the end of 2016 has less than $1,000 of savings or an emergency.
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By Marcy Predmore Financial Education Private Banking Concepts Success

How Your expenses can expand to equal or exceed your income.

This blog is about how you handle money and about how money flows. Let's talk about Parkinson's law. This law is extremely powerful. It's always in play, whether you're aware of it or not. It's like gravity. You may be unaware of gravity and jump off the roof of a building. But you are going to be very aware by the time you hit the bottom. It's going to work whether you're aware of it or not. Gravity always functions.
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By Marcy Predmore Financial Education Private Banking Concepts Success

The Power Of Contracts In Financial Future

The obligation of contracts are written into our US Constitution. Our forefathers were not a bunch of country bumpkins with muskets and pitchforks. They were very savvy business people. They were involved in politics, commerce, trade, and law in England. As a matter of fact, the Revolution started with the Tea Party. Taxation without representation. They had no power in what they were creating or doing, but yet they were being taxed. It was all about the money. That was the story and they were making their statement.
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By Marcy Predmore Financial Education Private Banking Concepts Success

The information the rich have that you simply don’t.

That started me on a journey to figure out how the elite wealthy actually think and use money differently than we do. Now, I don't mean wealthy people or people with a lot of money. I mean elite wealthy. When I mean elite, I mean those people that have money in this generation, and the next generation has that much plus more, and the next generation that plus more. They literally have money flowing through generations. It's not just in their hand for a short period of time while they're on this earth.
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By Marcy Predmore Private Banking Concepts Success

Fear of the High Dive

I’m going to talk to you tonight a little bit about fear. I was listening to a mentor of ours, Bob Proctor, don’t know if you know him, but he talks about paradigm shifting, habits and fear. He was sharing a story today on one of my lessons about being on a high dive and being fearful and I thought, this is so funny because we all can’t be that different.

I’ve wanted to write a book for a long time, but I’m fearful of getting the book out there or getting the book done. But, one of the chapters is about me being on a high dive and I can actually, I can truly still feel some of the fear.

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By Marcy Predmore Financial Education Private Banking Concepts Success

The New Financial Concept That Rocked Our World Infinite Banking

I want to talk about a concept that we heard of a few years ago, and it really rocked our world. I mean, rocked our world! It changed our thinking about money, it changed our thinking about travel, about family, about legacy, and about wealth. Let's talk about infinite banking. Have you heard about it? Well, a gentleman by the name of Nelson Nash, he's the one that came up with the concept. This tool has been around for hundreds of years, but Nelson Nash came up with the concept to help us to really change and shift our way of thinking about money. And really, that's all it is. It's just changing your thinking about money.
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