And then this is the total cash outflow after adding back the income tax savings.

I have a 13,500 tax savings.

So let's say tax savings, plus 13,500.

But tax savings from interest. Divided by assets.

Checking,savings took out about 125,000 in cash.

So this is essentially how much cash goes out the door, even after the tax savings, every month, in the buying scenario.

And then they're subtracting out the tax savings due to interest.

And we could a whole video on the tax savings from interest.

I don't want to focus too much on the tax savings on interest.

And it actually should be an after tax return on that cash.

So if I'm getting taxed at, let's say 30 , what is the actual cash savings?

If you run out of cash, you can fall back on your savings in the bank.

Cash? Cash.

Savings bonds.

They're savings bonds.

Tax records.

That's cash. Non cash assets.

Income tax is the tax for self sufficiency.

Cash?

Cash!

Cash.

Cash.

Cash.

That's 10 personal savings.

Have you any savings?

And that every year a fraction of your premium does go into a kind of savings account within the insurance company and you get so let me call it cash savings where you can get interest.. get interest while... it is with the insurance company is getting interest on a tax deferred basis

Tax officials are zeroing in on income tax evasion.

Consumption tax is the just tax system for globalization.

Some tax attorney.

I'll continue the example in the next video, and I'll explain a little bit about the tax savings from carrying debt or interest.

More unemployment results in less tax revenue through income tax.

Generally speaking, savings are increasing.

He added to his savings.

But the remainder is savings.

So this is your savings.

They cannot make savings easy.

Reserves are like savings accounts.

Which is a savings. (Laughter)

Yo, this way to savings!

Cash, 500,000.

In cash.

Cash, please.

Cash only.

And let's say this cash is still cash.

The price includes tax.