You Should Ask Your Employer to Pay You in Gold with Goldmoney
Would you like to retire early?
(Read this just announced: https://www.goldmoney.com/newsroom/news-and-blog/from-sea-to-shining-sea-gold-transfers-extended-across-the-u-s) via Goldmoney Goldmoney.com/r/6lfQRK
By taking part of your paycheck in gold, you can protect and accelerate the savings you will need for an earlier retirement.
In the foreseeable future of a low interest rate environment, there is almost no way for you to save your money. At least in the near term, we can forget about earning interest from traditional savings vehicles like Certificates of Deposits or interest-bearing bank accounts.
The other side of the coin – what gets taken AWAY from our savings? Inflation eats away at your nest egg at an alarming rate over time.
For example, if you deposited $5,000 USD into a savings account, the value of that savings account in 30 years would be $2,059 USD (assuming an average inflation rate of 3% per year). The amount of money you would need to save to make up for inflation and maintain your purchasing power would be $12,136 USD.
When you accept part of your paycheck in gold, you enhance your savings and safeguard that portion of your earnings from inflation.
Think of it as turning your dollar bills into gold and having your employer send it to a fortress to which you hold the only key.
Your employer adds as much gold to your fortress as you choose from each paycheck, and your gold sits and waits for you – protected from the elements and all other forces.
Your gold automatically grows as the years go by, as you previously determined what percentage of your paycheck gets converted into gold.
Throughout the years, the world experiences political changes, currency crises, stock market fluctuations, and both natural and man-made disasters.
Your gold doesn't care.
It just sits and waits in your fortress as units of your stored labour.
Instead of having to adjust this portion of your savings for USD inflation, you can count on gold to be there for you – growing since the day your employer sent it there – with equivalent or improved purchasing power.
This reduces your working years, as you don’t have to earn extra devaluing currency units to make up for the continuously eroding value of your dollars.
Gold savings work best if your gold is kept safe in the fortress, with the goal of earlier retirement, but you can also remove part or all your gold at any time should you need to.
You can also spend, send, or add extra gold to your fortress. Your gold is totally accessible, but only to you.
Get off the hamster wheel of earning solely in constantly devaluing currency, and have your employer start sending gold to your personal fortress.
The earlier you start saving in gold, the earlier you can choose to stop working!
If you’re interested in learning more about getting paid in gold, please contact me directly by replying to this post or have your employer contact me. :) Or just have your Employer open a Business Account! Goldmoney.com/r/6lfQRK
Create your own "personal gold standard" here:
Goldmoney.com/r/6lfQRK
If you know want to know why Goldmoney will change the world : https://steemit.com/goldmoney/@goldmatters/why-goldmoney-will-change-the-world
If you are Jose Canseco and reading this I know you would love to create a personal gold standard with a Goldmoney account! DM me for details Jose! https://steemit.com/story/@goldmatters/jose-canseco-followed-me
If you are Steph Curry and reading this: https://steemit.com/goldmoney/@goldmatters/my-quest-to-get-steph-curry-to-follow-me-on-twitter
For a free Goldmoney Mastercard you can load from your Goldmoney account start here: http://Goldmoney.com/r/6lfQRK
Simply said, this is a GREAT post for most of us to be aware of. Thanks a bunch, upvoted and resteemed! All for one and one for all!!! Namaste :)
Wow. Thank you SO much for your comments! Your support means a lot to me :)
My pleasure really, if people only knew... Thanks again and namaste :)
Personally, I'd rather my employer paid me in bitcoin. Or at least a portion of it.
If this were available I would do this as well :)
You can with services like https://www.bitwage.com/
I'm a fan of being paid in gold, bitcoin, and USD ...mainly USD for liquidity, the others for saving.
Same. I get paid in Swedish crowns and save in Bitcoin and gold.
Great combo ...we have a big advantage in the long run relative to our peers choosing to stick entirely to fiat.
Agreed. Goldmoney is a very easy way to diversify from fiat !
Very smart move!
Good point! Thanks for reading :)
Just do what I do, each week put in a set amount of money into Bitcoin and forget about it. While not the same (you don't get the pre-tax breaks but it still adds up.
I like it! Goldmoney has a recurring deposit feature that can be used the same way, set up once and never think about it again. Great way to save
I do monthly recurring deposits on Goldmoney too.
Yes!! I love that feature
Great post, thank you! I'm using Goldmoney too and every month I’m putting a small share of my monthly savings into gold. Just a few grams at a time, but it will add up to a nice amount over a longer period of time! And it’s a much better option than the savings bank account in fiat currency, anyway.
Perfect. That is exactly how Goldmoney should be used. You're a genius!!
One way companies can truly protect the interests of its people is to pay them in gold.
As you say @goldmatters companies can help their employees create their own personal gold standard. This will reduce their dependence on government fiat #currency.
Exactly Nigel!!!
great article! I have a gold money account but I have not used it yet.
Thank you so much for reading!! I think you will enjoy the platform very much when you become more familiar with its advantages :)
It was an interesting story. Thank you. You have a new follower now, hope to see more good stories. See you again!! :)
Thank you for reading! I have several more articles on Goldmoney if you are interested :)
Who says you can't eat gold? :)
Thanks for reading about Goldmoney :)
wait can u physically get the gold or does it stay in the account ?
You have a choice. You can keep the gold in one of the Brinks vaults or you can have it sent to you.
Great piece and thanks for sharing. Upvoted and shared on Twitter✔ for my followers to read. Following. Stephen
Disclaimer: I am just a bot trying to be helpful.
Thanks bot for your interest in Goldmoney!
Thank you so much for your support I greatly appreciate this !
No problem at all. Keep up the great work. Stephen
A great explanation of the advantages of receiving pay in gold over time - and providing an easy , secure and flexible system for doing so ! Thanks !
Thanks Stevehutchins! WELCOME TO STEEMIT
Unfortunatley I dont think employers will pay in gold or Bitcoin
As @goldmatters has already posted, some already do.
Another major driver will be when employers see that gold can be used for transactions, as well.
I've paid for masala milk here in Dubai through Goldmoney gold.
I would love to see more steemit users posting pictures of themselves using the goldmoney mastercard
Some already do :) There are advantages to merchants to become business account holders. This is already happening, but now its available in the US!
How many employers will actually let you do this?
There's also a moral imperative to provide everyone the opportunity to have sound, honest money.
Donald Trump has demonstrated how employers can be motivated to change their behaviour. A Goldmoney hero like @goldmatters is the tip of the spear for a honest money revolution @charlie.wilson
Thank you so much for the kind words nigel
Great question! There are some that already do. Since this feature has just been rolled out in the US today I am anticipating a lot more in the near future.
Great story!! You have a new follower!! Cheers
Wow this is an oldie