Be Your Own Bank provides a fresh and interesting take on how we view and use our assets. Rather than taking out a loan or simply saving up for a large purchase, this book details a third option, referred to as operating YourBank. The introduction to the book lets you know right away that doing so will require some calculating, along with a degree of self-discipline. The idea of operating your own ‘bank’ (not literally) may seem overwhelming, but Peri Scott excels at breaking down the concept into small, manageable steps.
When first beginning this book, I assumed that it was geared toward those who already have some wealth to draw upon. I was happy to discover that the basic ideas behind Be Your Own Bank can be implemented, or at least pursued, regardless of your current financial situation. Peri Scott does an excellent job of explaining the theory behind this book in a logical and reasonable manner. The suggestions for using your money to set up a continual cash flow certainly has broad appeal. Be Your Own Bank is a smart financial guide that truly has the power to benefit everyone. Peri Scott has presented an option for gaining full control over your assets. If anyone is looking for a path to financial freedom, Be Your Own Bank is an excellent place to start!
