The Infinite Banking Concept is the most brilliant financial strategy of the century. Although the foundations of the concept have been around for decades, it has been one of the most hidden jewels of the personal finance world.
You most likely won’t hear about it from your banker, financial advisor, or insurance agent because those that advise clients to embrace the Infinite Banking Concept generally are not pushing high commission financial products, but rather are genuinely interested in helping individuals, families, entrepreneurs, and business owners live fiscally sound lives.
So what is the Infinite Banking Concept? It is a new paradigm in personal finance. Simply put, it is a financial strategy that allows you to redirect the flow of your money (to you, not away from you) and in the process, helps you:
- Get out of debt faster without spending more money.
- Redirect the flow of Interest back to you instead of to the banks.
- Ensure that you do not outlive your retirement.
- Leave a legacy of wealth for your heirs.
- Get paid to take vacations (actually you will get paid for any financing, but I think getting paid for vacations in simply awesome!)
The Infinite Banking Concept is about the redistribution of money – to you instead of away from you. This is done by using some of the most secure financial instruments available which allow your money to continue to grow even while you are using it.
In short, Infinite Banking allows you to leverage dividend paying whole life insurance policies to create a personal banking fund. Please note, this is not the same as simply buying a whole life insurance policy, but it is about the system and strategy that is used in conjunction with a specific type of insurance policy.
There is a lot more to it, but I didn’t want to just explain is as a vague concept because people are often skeptical about what they don’t understand.
Most of all, you ended up here because you are looking for something. Maybe you just heard the term and you are doing research? Perhaps you’ve lost it all and you are starting over, or maybe you are tapping into your 401k due to the economy? Maybe you are doing great and just looking for a place to invest your money without losing access to it? The good news is we can most likely help you see how the Infinite Banking Concept can play a positive role in your finances.
Want to learn more? Contact me and I will connect you with a financial educator who can offer you a complementary consultation (valued at $250) to see if Infinite Banking is a good fit for your personal or business finances.
You owe it to yourself, your family, and your future to at least check it out. You will be glad you did… I know I am!