First published in 2011 this book continues to be extremely popular. As an easy read, it is a perfect introduction to The Perpetual Wealth Code™.
Prescription for Wealth was written to tell a simply story, of how money came to be and why it is important to learn how to manage it instead of letting others manage it for you.
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On page 6…You’ll discover the process behind the idea of “your money working for you.”
On page 15…You’ll explore Types of Wealth…there are 4, and only one that you should ever be willing to give up!
On Page 39…Discover a surprising connection between an old coffee can and your finances.
On page 51…Tom shares blueprints that have helped his clients grow wealthier every year.
On Page 61...You'll realize the importance of finding the ‘You are here’ on your financial kiosk.
On page 63… You’ll get a glimpse into the lives of real people and their stories.
In the forward to the Prescription for Wealth, R. Nelson Nash the author of Becoming Your Own Banker states that the Prescription for Wealth is the “perfect ‘precursor’ to my own book, Becoming Your Own Banker –The Infinite Banking Concept. Before reading my book, one should first read Prescription for Wealth by Dr. Tomas P. McFie!”
The book builds on the idea that everything that one purchases in life has an interest cost associated with it. Either you pay interest to others when you use their money or you lose interest you could have earned had you not spent your own money. The cost of interest is ever present.
Yet when using the cash values of participating whole life insurance there is a way that you can “recover” some of the associated cost of interest in your life and be able to use it for your own purposes. This is what the Prescription for Wealth explains how to accomplish.
Throughout the book the goal remains the same: Stop losing money that you don’t need to lose by becoming the one who finances the things you purchase in life. The more you manage to accomplish this simple endeavor the richer you will become. And you should become rich because you ought to be able to keep more of the money you earn in your life, not less, so that you can accomplish the noble goals you have.
About the Author ~ Dr. Tom McFie
Dr. Tom McFie has become known as “The Man That Beat The Bankers”, but that wasn’t until he stopped doing what the bankers tell you to do with your money and did what the bankers actually do with their money. As President of Life Benefits and author of Prescription For Wealth and Winning Your Financial GAME, Dr. Tom serves as Mentor to many, helping his clients realize greater success and wealth in their lives.
Dr. Tom lives in Henderson, NV with his wife, Michele, and their eight children. When Tom is relaxing you’ll most certainly find him with his family: flying, lounging poolside or on the beach, cycling or reading.