Lump Sum Results With MPI™ by Curtis Ray

A common suggestion by the #financial world is to have an #emergencyfund up to 6 months of your #salary saved up in cash or a liquid #savingsaccount. Is it a good idea to have an emergency fund? Of course. In a #savings account? There is a much better way! Its called a #Compound Account with #Liquidity. •Show more

As an example, your hard-earned #money in a savings account loses around 3% value each year due to Inflation! So if you had $15,000 in your emergency savings account, the buying power of your money would drop to $14,550 after 1 year and after 20 years, as low as $8,000. Inflation would erode almost half of your money’s value sitting in a savings account. However, having your $15,000 in an MPI Compound Account, that has liquidity similar to a savings account to act as your Emergency Fund, and continue to Compound simultaneously, after the same 20 years of inflation, would still have real value of up to $70,000. Know the Rules of #Compounding!