How To Earn Money On Someone Else’s Money
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Based Business Ideas Part 5
Count your family members. Let’s assume
there are 6 of you. Check up on your bank credit, and let’s
say you can borrow $6000 for 6 months. On December 15 borrow the
$6000 and deposit $1000 (the limit) for each of you in The FAMILY
SECURITY FUND TAXPAYERS SOCIETY, 107 N. VANCE ST., PEMBROKE, N.C.
28373. Details on how the fund works are FREE from the society.
Your deposit is secured eight ways. The fund pays 12% for the
use of your money from January 1 to May 30 at which time the money
is returned to you with $720 interest. At that time you return
the money to your bank. Since each member of your family is a
first-time depositor in the fund, a bonus in each name of $150
will be left on deposit. Here is how you stand: Cost of $6000
borrowed from your bank for 6 months = $270; interest from the
fund = $720; NET cash to you = $450; bonus money left in the fund
in your names = $900; interest on bonus money left in fund, May
- December @ 8%, 12% from January - May - $155.98; equals a total
gain to you of $1505.98. From January 1 to May 30 of the following
year is 17 months. That figures out to be over $88 per month on
someone else’s money!
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