Genuine Wealth System
The Genuine Wealth System is a way of simplifying financial relationships whilst building community relationships. It is a way of eliminating interest payments paid to banks.
It is based on a system from the JAK Members Bank in Sweden which has been operating for more than 40 years, has $250 million dollars of savings and loans and charges no interest.
The Genuine Wealth System is based around an ‘agreement’ rather than conventional banking ‘loans’. It is a contract that outlines the relationships and is legally enforceable, but because it does not necessarily require the creation of legal entities or make loans it does not come within banking legislation.
Currently Prometheus Finance Ltd in New Zealand is holding the system accounts and providing the accounting service.
Come along and hear Bryan Innes of Taupo talk of this interest free system..who knows we may be able to eliminate banks from our next transactions…imagine a world without interest…and what we could do with property!
Venue: Vault Financial Group Board Room
Upstairs, 107 Heu Heu St.
Time: 7-8.30pm
Contact: Sarah Delany 07 378 9444 [email protected]
Date: Monday 23rd June
The Genuine Wealth System is a way of simplifying financial relationships whilst building community relationships. It is a way of eliminating interest payments paid to banks.
It is based on a system from the JAK Members Bank in Sweden which has been operating for more than 40 years, has $250 million dollars of savings and loans and charges no interest.
The Genuine Wealth System is based around an ‘agreement’ rather than conventional banking ‘loans’. It is a contract that outlines the relationships and is legally enforceable, but because it does not necessarily require the creation of legal entities or make loans it does not come within banking legislation.
Currently Prometheus Finance Ltd in New Zealand is holding the system accounts and providing the accounting service.
Come along and hear Bryan Innes of Taupo talk of this interest free system..who knows we may be able to eliminate banks from our next transactions…imagine a world without interest…and what we could do with property!
Venue: Vault Financial Group Board Room
Upstairs, 107 Heu Heu St.
Time: 7-8.30pm
Contact: Sarah Delany 07 378 9444 [email protected]
Date: Monday 23rd June
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