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
Infinite Banking Concept®
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
və-ˈlä-sə-tē – (economics) the speed of money changing hands; the rate by which money moves. Most of the critics of infinite banking are simply missing the entire point. But we’ll get to that later… Infinite banking is NOT a new concept and really has nothing to do with cash value life insurance or any other […] Read more
Infinite banking has been practiced for over 100 years but the term “infinite banking concept” was coined by Nelson Nash in his book Becoming Your Own Banker. Infinite banking can be defined by the strategy of using your life insurance as your bank, via dividend paying whole life insurance through a mutual insurance company. In […] Read more
Review of Becoming Your Own Banker: Unlock The Infinite Banking Concept by R. Nelson Nash “For I know the plans I have for you” declares the LORD, “plans to prosper you and not to harm you, plans to give you hope and a future.” Jeremiah 29:11 Over the past decade, there has certainly been a […] Read more
One thing that we’ve found here at I&E is that because “life insurance” isn’t really something that most folks talk about, most individuals end up purchasing either the first “type” of life insurance that is recommended to them (provided the price is right), or they end up purchasing the “kind” of life insurance that makes […] 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. In the following article we will discuss how you can be your own bank and […] 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
