The masses, myself included, were never taught about the accumulation of capital.
The proverbial hamster wheel is very real, and, for the most of us, from a very youngage we are coaxed by well-intentioned parents, into a school system teaching uniformity and, groomed for the corporate world to regurgitate the “Correct,” answer. It does make for a nice, uniform shape to fit the cogs in the Industrial Machine. “And for the most of us, how has that been working out?”
There are hundreds of excuses for why wealth eludes people. And volumes have been written to list the habits, mishaps, poor choices, and plain dumb stuff we have all done with money. That fact set aside; it is my intention to detail what is not really a complex process in which you the Owner/Operator use a series of Life Insurance Policies, as a storage of money.
This short illustration is built on the concept R. Nelson Nash pioneered; he coined the title “Infinite Banking Process.” Infinite in that the growth within the system is limited only to funding and the financing options are limited only to the owner’s imagination.
This is not a get rich quick, Ponzi or pyramid scheme, it’s not an investment. Say that with me, “It is not an investment.” This is the Swiss Army Knife of your financial portfolio. Cash Value in a properly designed life insurance policy is liquid. As a matter of fact, when you understand the characters at play here, this is the vehicle where one dollar can do multiple jobs.
Stop Getting Back To Broke
This system is not for everyone. If you have a lifestyle of spending more than you
earn, wealth will forever elude you. This is not magic. Although there is cash available within your system within thirty days of starting a policy, realistically it is a seven-to-ten-year process to get to a place where the disciplined has captured his or her financing position. With that said, if you approach this concept with an open mind, this will not only change your life, it is something you will be teaching your children and grandchildren.
I thank you in advance for your time and attention here. This is not a “Have I got
an idea for you!” This is what I use in my own life and how I am coaching my own
children.
Discovery
Seeing what everyone has seen and
Thinking what none has thought.