Blog 121 – Guide To The Life Insurance Loan Process
Life insurance loans offer a flexible solution for cash flow situations that may arise out of emergencies or to take advantage of business opportunities.
Pedro A. Palicio
Blog 120 – Gold Nuggets From “Becoming Your Own Banker”
There are only two sources of income – people at work and money at work.” If you have the ability to do so, you should strongly consider investing your money in cash flow opportunities that would eventually exceed your annual expenses. If you don’t have the knowledge or ability in that opportunity, don’t take it.
Blog 119 – Advantage Of Taking A Policy Loan
John Doe is a male, age 36, non-smoker and in excellent health, paying $30,000 a year for 20 years to an Infinite Banking Concept (IBC) policy. See attached highlights of that illustration. Assume that in policy year 7, John comes across a great opportunity in real estate that needs an investment of $200,000. John has … Read more
Blog 118 – Considerations In The Design Of Infinite Banking Concept Policies
The first step in the implementation of the Infinite Banking Concept (IBC) is to read several times Nelson Nash’s “Becoming Your Own Banker” to be sure you don’t miss any of the gold nuggets within the pages of this book.
Blog 116 – The Richest Man in Babylon by George Clason
We read “The Richest Man in Babylon” many years ago; long before we were introduced to the Infinite Banking Concept in 2008. The author, George Clason, is known for writing a series of informational pamphlets about being thrifty and how to achieve financial success.
Blog 115 – How To Successfully Implement The Infinite Banking Concept
The Infinite Banking Concept (IBC) is a major paradigm shift for most people. You should start by reading several times Nelson Nash’s “Becoming Your Own Banker”
Blog 114 – Where To Store Your Disposable Income
We call disposable income to the amount of your annual family income that you have left after you pay all your bills. Obviously, if you have nothing left, you need to increase your family income and/or reduce your expenses. You have to do this if you wish to be financially successful.
Blog 113- Your IBC Policy And Retirement Income
IBC policy is that it will provide you an extremely secured and stable source of cash to supplement your
Blog 112 – Policy Loans Or Withdrawals?
A lot of IBC clients ask us if they should take a policy loan or a withdrawal when they need cash from their policies.
Blog 111 – Creating Sustainable Wealth Without Risk
Successful implementation of IBC requires patience, discipline and long-range planning as IBC is not a “get-rich-quick” scheme and it is not for the person who is always looking for instant gratification. By all means, spouse an abundance mindset and avoid a scarcity mindset.
Read “Becoming Your Own Banker” several times with an open mind as well as “The Case For IBC” and “Building Your Warehouse of Wealth”, authored or co-authored by Nelson Nash.