Becoming Financially Independent

2022 December BankNotes

“MEC” Defined: The acronym “MEC” is short for “modified endowment contract.” To say
that you “MEC”ed a policy means that you stuffed it with too much money and hence the IRS will now cease to classify it as a standard life insurance contract.

2022 October BankNotes

There are many reasons for believing that a dividend-paying whole life insurance policy from a mutual insurance company is one of the last remaining bastions of safety and growth for our savings here in the United States.

Blog 91 – What Does It Take To Implement The Infinite Banking Concept Successfully?

We get the following question quite often from prospects: What does it take to implement the Infinite Banking Concept (IBC) successfully?

Blog 90 – Infinite Banking And High Inflation

With financial news reporting higher inflation due to our over-inflated government and too much money being printed, it is understandable that many people are seeking ways to personally combat the effects of inflation on their lives.  

2022 August BankNotes

Whatever we may say against or in favor of this idea, the positive thinking movement in 2017 is a multi-billion-dollar industry, which rides the crest of an overarching mantra that preaches that positive thoughts create and transform reality. What I was most surprised to learn from this study was that positive thinking is a uniquely American idea, which had its beginnings in 1820.

Blog 89 – Dividends In IBC Policies

An IBC policy is a dividend-paying whole life insurance that you obtain through a mutual company, rather than a stock company. Mutual life insurance companies share their profits with participating policyowners via dividends.

2022 July BankNotes

After completing last Month’s article in the LMR on the multi-millionaire Spencer Hays, I was moved to undertake an extensive study on the one thing that he had obviously perfected the art of positive thinking.

2022 June BankNotes

Individuals who own one or several dividend-paying Whole Life insurance
policies that are designed in the special way advocated by Nelson Nash’s
Infinite Banking Concept (IBC) are often faced with a perplexing question
and a decision they must make whenever the need arises to purchase or pay
for something.

Blog 88 – Effect Of Higher Interest Rates On Non-Direct Recognition Contracts

Direct recognition versus non-direct recognition is more a game of smoke and mirrors used by insurance companies and marketing organizations themselves to keep your focus away from what is important.

Blog 87 – “Becoming Your Own Banker”

If you purchase an Infinite Banking policy to create sustainable wealth, you must think and act all the time as a banker to obtain optimal results. The best way to reach that state is to read and reread Nelson Nash’s “Becoming Your Own Banker”.

Call Now Button