Early Retirement Blog

Move Your Money is a populist movement spearheaded by Arianna Huffington co-founder of the HuffingtonPost Blog, as an effort to channel the growing anger and rage many Americans feel over bank bailouts and bank bonuses, into positive action by moving your money from large banks to small community banks and credit unions.

The movement has it’s own website, featuring photos and a video from the movie “It’s a Wonderful Life”, where the movement describes itself as “a grassroots effort that has the potential to shift power in the financial system away from Wall Street and to Main Street.”

The front page of the website contains a small community bank search tool, where you enter your zip code, and up pops a list of small community banks in your area.

Having worked for small community banks, large multi-national banks, and been a member of a credit union, I can personally attest to the fact that small community banks and credit unions offer their customers a better deal and give more back to the local community.

Small community banks and credit unions, generally offer their customers higher interest rates on their deposits, and provide more loans to small businesses and individuals in the local community.   Small community banks serve both small businesses and individuals, while credit unions deal almost exclusively with individuals.

Credit unions are a membership organization, and many credit unions have membership requirements, usually determined by your workplace.   Many credit unions are formed to serve the needs of workers for a specific company, organization, or government.   For instance police, university professors and students, nurses, etc.

However, there are many credit unions that have very loose membership requirements, and you will probably be able to qualify for one in your community.

I support the Move Your Money effort and it’s objectives.  If you want to have a positive impact on your community, moving your money from a large bank to a small community bank or credit union, will directly benefit you and your neighborhood.

I would like to add one more way you can benefit yourself and your community.   Change the formula you use to calculate your retirement savings.

Switching from the Wall Street formula for calculating your retirement savings needs, to the more accurate Green Retirement formula and method for calculating your retirement savings needs, will enable you to retire years earlier and save you from unnecessarily giving thousands of dollars of your life savings to Wall Street.

In a book I wrote exclusively for Amazon’s Kindle, “Million Dollar Difference: The Wall Street Wage Slave Formula That Keeps You Working”, I explain how the formula Wall Street financial planners use to calculate your retirement savings, has kept generations of American workers as literal wage slaves.

Earning billions of extra dollars in fees and commissions every year, from keeping millions of Americans who could be retired, unnecessarily working through the use of the commonly accepted retirement planning formula.

The book describes how you can free yourself from a life of wage slavery and achieve financial freedom.   At the conclusion of the book, in the chapter titled the “Final Chapter for Wall Street, I write:

Wall Street invests part of the money they rob from you to hire politicians, who pass laws on behalf of their Wall Street clients, to rob you yet again. Right now, Wall Street is using the government to rob you even further, taxing you to pay off their bad bets and bad debts. Wall Street owns Washington, both political parties, and the president. The entire financial and political system of the United States has been gamed, their is no way for the individual working American to achieve financial freedom, it affects all Americans equally.

Young and old, black and white, Democrat and Republican, liberal and conservative, blue collar and white collar, rich and poor, every working American is a victim of the Wall Street formula in one way or another.

Wall Street must be stopped, and can be stopped, without anyone ever knowing. No revolution, elections, protests, organizing, or sacrifice is required to defeat Wall Street.

If you simply stop using the Wall Street wage slave formula, and instead use the Early Retirement formula for calculating financial freedom, you will no longer be a wage slave. And no one needs to know, not Wall Street, not Washington. If every working American, abandons the Wall Street formula, a silent rebellion against the corrupt Wall Street machine can occur, a silent rebellion that returns the money and the power back to the people.

The complete book, “Million Dollar Difference“, is available on Amazon Kindle for only $1.

You can Move Your Money, or join the Silent Rebellion, by switching the formula you use to calculate your retirement savings.   The missions, objectives, and strategies of both efforts are the same.   Restore the American people’s power and money, by denying Wall Street and Washington the fuel they need to continue robbing you – your money.