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Financial Freedom

The average individual pays 34% of the money they earn in a lifetime out to interest. This interest goes to cars, credit cards, student loans, mortgages, all the things we finance is interest going out …and we pay taxes!  About $.40 of every dollar the average American earns goes out to taxes. Everything from income tax, to sales tax, capital gains tax, gas tax, estate tax etc.  This leaves approximately 26% to pay for everything else like vehicles, clothes, insurance, gas etc. We call this Lifestyle money. Of this amount only 3% goes towards savings... 

Most financial advisors concentrate on that 3% savings. You know what they say... “You’ve got to save more money” but most people are unable.  At Your Family Bank, we focus on the problem, 34% going to interest and 40% to taxes.  What if we could reduce that 34% going to interest and also reduce taxes? That would allow for more lifestyle money and would also free up cash to contribute towards savings!  Using the Your Family Bank 7 steps of Money Management, we can do just that.


Contact Us today to start investing in your future!