One major reason is to create an EMERGENCY fund. Issues may arise such as a job loss, car repairs, health problems, or a severe injury or death in the family. It is important to have funds that is set aside to help you in the time of crisis.
So why pay yourself in precious metals vs. cash? Because it keeps you from spending the cash on other things. When you convert your savings into precious metals, there is an additional step to liquidate it. Let's think: Is it easier to go to the ATM to withdraw $100 or convert your metals back into $100?
Another upside to paying yourself in precious metals is the potential to grow in value over time. Time has proven this to be the case decade after decade.
David Bach, best selling author of "Automatic Millionaire" says "Never leave savings to your own discipline; make it automatic." This is where ISN Precious Metals comes in...
We make saving in precious metals "automatically" easy for you. Select one of the auto-savers that's best for you and start building your emergency fund immediately!