I would like to ask you to consider a question that is very serious to your financial well being, both now and in the years to come: Who is in control of your money? It sounds like a simple enough question, right?
But that simple question is actually multifaceted, because it doesn’t specify whether I am asking about the money in your pocket now, the money in your bank account, the money you are going to use to pay your house note or car note a year from now, or the money you are counting on in 5 years or even 15 years.
Consider first the money in your pocket or your purse. That’s easy enough, you are pretty much in control of that stash. If you are married then most likely your wife is in control of it. To some degree the same is true about the money in your checking and savings account. (Although banks pay you a paltry rate to safeguard your money while at the same time charging you triple or quadruple the amount when lending you money in the form of a house note or a car note.)
