1,000 Bounced Checks in Three Years-Beat That!

Who says it doesn’t pay to have a good relationship with your banker? According to an article in The Rocky Mountain News . Will Hoover, an investment advisor gone bad, did exactly that. In three years he wrote over 1,000 bad checks and paid $20,000 in penalty fees. Will happened to be buddies with the bank president,who considered Hoover to be a valuable source of referrals for new clients-Really! Hopefully they will be just as anxious to pay penalty fees. When I encourage readers to build their financial network, I do include bankers in this network. While this story sheds light on some of the shorts in the system imagine how a good relationship with a banker could benefit you in your journey for Cash Flow Success!

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