What is Private Family Banking? Private family banking is a personal finance strategy designed as an alternative to the traditional model of turning to banks for capital preservation. The the idea is to use a properly designed dividend paying whole life insurance policy from a mutual life insurance company as a source of easily accessible […] Read more
Infinite Banking Concept®
Here at I&E, we’ll often get calls from people who are already committed to the idea of implementing the Infinite Banking Concept® (IBC) in their life, but they’re just not sure how to go about getting it done. The problem is that most people haven’t met the “right” insurance expert to help them get started, […] Read more
Debt is a double-edged sword. It allows you access—or earlier access—to resources that might otherwise have been unavailable. But… (of course) you have to pay it back. And, when you pay off debt, you almost always end up paying more than the original amount you borrowed due to a little thing called interest. But, after […] Read more
In our continuing series on the infinite banking concept® we wanted to lay out a framework of how banking with life insurance actually works. If you are already convinced that using life insurance as your own personal bank is the way to go, then please give us a call today for a complimentary strategy session. […] Read more
Infinite Banking has been happening for more than a century, but the term itself was popularized by Nelson Nash in his influential book “Becoming Your Own Banker®.” The short book (around 90 pages) was published in 2000 after Nelson Nash had been practicing the process for around 20 years. In this article, we have attempted […] Read more
It’s a well known assertion, at least in real estate circles, that more people have become wealthy in the USA through real estate than any other pursuit. There are many UNIQUE aspects of real estate that build or contribute to wealth accumulation. See Also, How To Triple Your Real Estate Returns with Infinite Banking Real Estate Wealth […] Read more
Be Your Own Bank is another way to refer to Nelson Nash’s Infinite Banking Concept: Becoming Your Own Banker®. To be your own bank means you replace conventional thinking and take back control of your money outside of Wall Street, using a properly structured whole life insurance policy designed to maximize cash value growth. In […] Read more
If you’ve researched cash value life insurance at all, you’ve probably been exposed to some negative commentary from those in the financial world (often financial entertainers and stockbrokers) who seek to compare whole life insurance with other investment options. Our prior articles tackle those objections in some detail… As we’ve discussed concerning the infinite banking […] Read more
Fire your Banker, Bypass Wall Street, and Take Control of Your Own Financial Future – that’s a pretty powerful sub-title. Does the book deliver on it’s promise? Pamela Yellen uses that sub-title for her latest book titled The Bank on Yourself® Revolution – a book that is essentially a rather pointed attack at Wall Street […] Read more
Fractional Reserve Banking is an important concept to understand in order to get a clear picture on how the banking system in our society works and why a bank may not be such a safe place to store your money. What is Banking? Let’s start with a quick definition of banking before moving on, because […] Read more
