[00:00:21] Intro: Learn how to keep what you earn and use the velocity of money to create your own private banking system. Join us on this journey as we explore the secret strategies of the rich and political elite and help you take total control of your financial security. Now, onto the show.
[00:00:37] Seth Hicks Esq.: Hello, and welcome to Private Banking Strategies podcast with Vance Lowe and Seth Hicks.
[00:00:42] Seth Hicks Esq.: Vance, how are you today?
[00:00:44] Vance Lowe: I’m doing wonderful. I think we’ve got a good, uh, idea today and hope we can share that with new people.
[00:00:49] Seth Hicks Esq.: Yeah. Folks out there listening to us for the first time, they may have a problem they don’t even understand they have. We’re gonna discuss the financial leaks nobody even knows that they have.
[00:00:59] Seth Hicks Esq.: So [00:01:00] Vance, imagine waking up tomorrow discovering that someone had drilled a tiny hole in the bottom of your swimming pool. You got a swimming pool in your backyard, and you notice that every morning you come out, there’s like a foot of water gone, and you’re going, “Is this evaporating in the 110 degree heat?
[00:01:17] Seth Hicks Esq.: What, what’s going on?” And you realize, “I’ve got a hole in the pool,” and that it’s just enough water every day disappearing that you’ve gotta turn the hose on and put another water, foot of water in, in your pool. Yeah. That’s exactly how most people manage their money.
[00:01:35] Vance Lowe: That’s exactly the same issue. You’ve got to discover, number one, that hole, but that hole may be totally different when you discover what it is.
[00:01:46] Vance Lowe: And once you’ve discovered the problem, then the problem can be fixed. So we need to know if we’ve got a problem, and it just seems like when the money question comes through, we have so [00:02:00] much money and wealth go through our hands during our working lifetime and people aren’t happy with the results. Now let’s maybe talk about some of the dozen leaks in financial situations that people don’t recognize right at first.
[00:02:18] Seth Hicks Esq.: Absolutely. First question comes up is if I just earned more money, I would, I, I wouldn’t have this problem, I would have more wealth. But that wouldn’t create any stoppage of the leaking that’s in your pool. You’d still come out every morning, have a foot of water in your pool gone, have to turn on your hose and fill it back up again.
[00:02:39] Seth Hicks Esq.: And some people are comfortable doing that over and over their entire lives, not with the total emptying of their pool every day, but there’s slippage and lack every time, and they think, “Well, if I could just earn more.” Earning more is not gonna put that water back in their pool.
[00:02:55] Vance Lowe: Seth, that reminds me of something.
[00:02:57] Vance Lowe: Doing the s- same thing over and over [00:03:00] again is the perfect definition of insanity. Okay. What we wanna do is change something. Folks, if you’re doing something and if you’re not where you need to be when it comes to money, and if you see money flowing through your hands, there’s something drastically wrong.
[00:03:16] Vance Lowe: There’s a money principle that isn’t being observed, and we hear about these things, we, but we’ve never been a- able to implement them in our lives because they haven’t been isolated and taught. The way we handle money, I think, is a crime in the United States because we’re doing things exactly what our new banking system, our fiat banking system wants us to do.
[00:03:43] Vance Lowe: They want us to spend our money. Go to work, just like cattle and sheep in the fields, pay lots of taxes, come home and spend the money, and go do it all over again, because they end up with the money. And we’ve gotta figure out, like the wealthy people have [00:04:00] figured out, “Look, I need to end up with some of this wealth.
[00:04:04] Vance Lowe: What am I not doing on a daily basis, a weekly basis, or a monthly basis to make this happening happen in my life? How can I start accumulating wealth?” We think we know. We think, “Oh, I’ll get a big investor, a, a professional over there, and he’ll invest money in my, in a stock portfolio or whatever else,” thinking that’s the right solution.
[00:04:26] Vance Lowe: And folks, it’s not the right solution. It never has been and never will be. There’s some fundamental things that we probably should discover. Let’s talk about more of this leakage, though. Let’s figure that out.
[00:04:39] Seth Hicks Esq.: If you could go out there and slap some cement on the bottom of your pool and prevent that leak, some- Sure
[00:04:46] Seth Hicks Esq.: some fast-drying submersible water-type concrete, and cut that out, you, you would do it. And it- Oh, yeah … it may not take that much effort, correct?
[00:04:56] Vance Lowe: Not much effort at all.
[00:04:58] Seth Hicks Esq.: Just stop that leak. It’s the [00:05:00] same thing no matter what wealth strata you’re on, whether you make $100,000 a year or you make $100 million a year, the strategies and the structure to control the money that comes within your earning capacity must be structured properly.
[00:05:16] Seth Hicks Esq.: You’ve gotta have strategy. And the, the, I think the problem, Vance, comes when the paychecks come in for people, whether you make a million dollars a year or you make $100,000 a year, no matter what you make, and the money starts going outward. You pay your mortgage, auto loans, credit cards, taxes, interest, consumer debt, retirement contribution.
[00:05:36] Seth Hicks Esq.: I gotta set something away for retirement. Oh, financial investment. Maybe I can invest here or whatever else, and by the end of the month, there’s nothing left The problem necessarily isn’t what you earn, it’s who gets the money first
[00:05:51] Vance Lowe: It’s how you treat the money. I- in the end, when the money comes in under your control, is it something that you need to get rid of as fast as possible, [00:06:00] which was spending principle, or is it something you wanna cherish and put to work and have it earn you more income so that eventually it will replace the money that you have to go out and work for someone else for?
[00:06:13] Vance Lowe: So we’re not spending enough time in the right areas in thinking, what is my money doing for me? Am I on autopilot? Am I just… Am I coming home from work because I’m tired, I just wanna eat, I wanna watch sports or whatever else, and you’re not investing in your own family economy, we call it, or is there something you could be doing?
[00:06:36] Vance Lowe: Okay, I just got control of this money. Is there something we can do with it rather than watch this whole list of things we’ve gotta pay for? And yeah, we all have to pay for that, okay? But is there a way to do it like the banks are doing it? The banks have to pay all these things, too. But the motto with the bank is, “Get the money back.”
[00:06:57] Vance Lowe: It’s kinda strange. I think that’s where Warren Buffett got [00:07:00] his motto in investing in, in, in the stuff that he invests in. It’s, number one, get the money back. Number two, make a profit, okay? Folks, we’re not even asking that question because we don’t even think we can get the money back.
[00:07:15] Midroll: Did that story feel like it was about you?
[00:07:19] Midroll: Do you feel like you are generating a lot of revenue, but are not moving forward as fast as you would like? Do you feel you should be making more progress toward your financial goals? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please visit us at www.privatebankingstrategies.com
[00:07:46] Seth Hicks Esq.: And here’s a prime example.
[00:07:48] Seth Hicks Esq.: Let’s talk about professional athletes. One of my favorite athletes was a guy named Vince Young, and Vince Young played for the University of Texas. He was the quarterback, and he was a [00:08:00] phenom. He was really tall, really fast, and he led University of Texas to the national championship in 2005, 2006. They played USC at the Rose Bowl.
[00:08:10] Seth Hicks Esq.: He has a game-winning drive where he scores a touchdown on the last play of the game to win the game. An amazing quarterback. And he had, I think, at least a $25 million contract, and he ultimately had a very short career, became destitute, and had to file bankruptcy not long after their, after entering the NFL.
[00:08:33] Seth Hicks Esq.: And people go, “$25 million came into his hands, and it was all blown and gone because he didn’t have a structure or a system to keep that wealth within his own economy and apply the system.” He would never have had to work again, even with the short career that he had. And then you’ve got other professional athletes that have implemented strategies, the private banking strategies where [00:09:00] they use the techniques that we teach to get the money back.
[00:09:04] Seth Hicks Esq.: And even folks that don’t have near the success that Vince did are able to develop and maintain, keep and grow their wealth, and use that platform that they have for a brief period in their life to set them up for the rest of their life With just simply maintaining control of the money. So the problem isn’t spending, it’s putting in the system and keeping the velocity of money working in your own private financial economy.
[00:09:29] Vance Lowe: You said it. Velocity’s absolutely critical, folks. When we say that, it’s how many times can a dollar touch down in our control? So every time a dollar moves, it creates itself. If it moves from one store, then that store owner takes the dollar over to another store, they both get the dollar’s worth. And how many times can that dollar touch down before the town loses control or that dollar goes back out of town?
[00:09:56] Vance Lowe: So folks, there’s things about the movement of [00:10:00] money that you need to understand, the control of money, that you can ask yourself the question, how much money am I controlling from my paycheck coming home or the assets? How about my money at work, Seth? That’s a misconception too. I’ve got my money working for me.
[00:10:16] Vance Lowe: Do you really? Are you working the money or are you having someone else work the money for you when you’re trying to get a return? So is your money really asleep when you think it’s working for you? Or are you actually putting the money to work and having a volume of return come back to you, back in, into your control on a regular basis like banks do.
[00:10:39] Seth Hicks Esq.: And every financial transaction is creating benefit and value for somebody, and it can be creating value and benefit for you as, as a private banker. It doesn’t have to be to another lending institution or a car auto financing company or a credit card company. You can be the one [00:11:00] capturing interest, capturing tax-free growth- And banks understand this, and it’s something that they want to hide from consumers at large and keep you branch banking, keep you storing your cash in their banks, and that’s not in your best interest.
[00:11:17] Vance Lowe: Not at all, folks. Do yourself a favor and challenge yourself. You know, are you happy with the money? Is there a different angle? Is there something I don’t know that I critically need to know about how money works, and can I fit that in my life? Not can you fit it into your life, how do I fit it in my life?
[00:11:36] Vance Lowe: Because there’s a lacking, some lacking components that you can supplement what you’re doing, and it doesn’t cost you any time or e- even energy.
[00:11:46] Seth Hicks Esq.: That’s right. So folks, money moving within your own private economy creates value for you, and that’s how the wealthy frame their financial wealth management.
[00:11:56] Seth Hicks Esq.: They are the somebody that the transaction [00:12:00] benefits, and that’s why successful families and people who have wealth, they don’t think like a borrower, they think like a banker. And in that regard, folks, hit our website up, ’cause we’ve got a book called Secrets the Banks Don’t Want You to Know, and it’s secrets that Vance and I do want you to know, and that will help you think like a banker and implement strategies that, that help you take back the financial equation in your life.
[00:12:26] Seth Hicks Esq.: And we’ve got over 150 podcasts on our website and tons of content there, folks. If you go to our website, privatebankingstrategies.com, you can learn so much about what we’re doing and ask the questions as if you were talking to us face to face. There’s a little button on our website that says, “Put Vance in your back pocket.”
[00:12:46] Seth Hicks Esq.: Click on that button and you’ll be able to ask our AI tools whatever questions you want, and it will summarize all the content that we’ve generated for you and teach you about the topic that you’re interested in. [00:13:00] And that, that tool is provided absolutely free to you right now, folks, so take advantage of that.
[00:13:05] Seth Hicks Esq.: Go to Private Banking Strategies.
[00:13:07] Vance Lowe: Yeah. And any comment from me on this is just do yourself a favor. Find out something more about money that you don’t know. We’re at a level where we all think we know everything we think we know about money, when in fact we really don’t know how money works at all. If we did, we’d all have wealth.
[00:13:29] Seth Hicks Esq.: Well, folks, thanks for joining us today. We appreciate you taking the time to be with us, and we look forward to continuing the journey with you on the next episode. Bye for now.
[00:13:39] Vance Lowe: Bye-bye.
[00:13:40] Outro: Did that story feel like it was about you? Do you feel you should be making more progress toward your financial goals?
[00:13:48] Outro: Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please visit us at [00:14:00] www.privatebankingstrategies.com.
[00:14:04] Outro: Thank you for listening to the Private Banking Strategies podcast. Click the subscribe button below to be notified when new episodes become available
