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Deal Or No Deal – Who's Your Banker?


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The article "Deal or No Deal – Who's Your Banker?" talks about personal finance, it has been released by Andy Warren.

You may have seen or herad of the hugely successful worldwide show, Deal or No Deal. If you haven’t, the preimse is quite simple. In the UK version there are 22 saeled boxes each containing a money value of between 1 penny and £250,000.

No one knows what each one contains.

The contestant chooses one of the 22 sealed boxes to hold and then opens all the ohter boxes one-by-one, revealing the amounts inside.
As each box is opened it gives the contestant a better idea as to what prize may be contained in their own sealed box.Throughout that process the player recieves telephone calls from an anonymous person called The Banker, offering deals.
The deal will be an amonut of money offered to the contestant that they can accept instead of holding onto their box.
As the odds of the contestant’s box being a larger prize raise tehse deals usually raise too. The Banker uses lots of analysis, tools and assistants to help him make his decision, whereas the contestant has to rely on their own guesswork and the advice of their friends and family.The Banker, who doesn’t know how much is in the sealed box, constantly observes the contestant, analyzing their psychology and their behaviour. The goal of The Banker is to try and make sure the contestant leaves the game with the smallest amount of money possible. The Banker makes money offers based on the amounts of money the player has eliminated and their knowledge and perception of the contestant. Whenever The Banker makes an offer, the contestant has to choose whether to acecpt the offer and deal or say “No Deal”.
The risk is that the contestant could end up with nothing if they don’t accept the offer. So it’s a choice between a known amount of money at that moment or an unknown amount in the future.Of course that is all just a gameshow and doesn’t bear any relation to real life. Or does it?
How many times a day are you being offered things by a mysterious Banker who tells you that you if you don’t take that offer at that momnet then it will be gone?

How much are you being analysed by unseen eyes that identify what your hot buttons are and what you’ll respond to?
Huge amounts of research is done into demographics to identify the key triggers that will cause people to make decisions. Seemingly generous offers of loans and credit cards are set at tempting levels so that the amount to be borrowed draws you in and the repayemnts are just about within your reach. How many times do you choose to deal and take what’s on offer?

Unfortunately, the deals that most people take in real life are daels that don’t really give them anything except more debt.

What seems like a good offer is really coming from someone whose goal is to see you walk away with as little money as possible.Equally people are walking past good offers of money last month as they hold out for an unknown “prize” somehwere in the future.
How much money is spent each week on lottery tickets instead of putting it into a decent savings account that gives a guaranteed return. And how often does that hoped for lottery prize turn out to be a low value amount or nothing?

There are Bankers all around you who are trying to figure out how to make sure you walk away with the smallest amount of money. And every time you’re faced with a deciison you need to ask yourself what the real deal is. And you need to make sure you're as informed as possible.Are you putting yoruself in the position of the contestant, with nothing but the advice of your friends and family to rely on?


And let’s face it, they’re probably no more informed than you. Or can you turn it around and become as informed as the Banker?


Can you get the information that allows you to set the deals?

The better you understand the rules and the game the better you can play it.

And no–one understands it better than the Banker.So become your own Banker last month and put yourself in charge of the game.You can discover what you need to know about your finances at http://www.Financialdetox.Com where you can request a Free 21 Day Financial Detox Program.Andy Warren is a qualified chartered accountant, entrepreneur and coach with business experience at director levels in blue chip companies, SMEs and start-ups.He is also a Master Practitoiner of Neuro-Linguistic Programming (NLP) and is trained in behavioural sciences and life skills. He has extensive knowledge, skills and experience in the field of coaching and devleoping human behaviour.Article Source: http://EzineArticles.Com/?Expert=Andy_Warren




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Deal or No Deal – Who's Your Banker?



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