If you and I were to get really honest with each other we would mostly likely agree that our main concern with regards to what we are experiencing in our political and economic affairs these days can be summed up in our knowing what effect all this will have on our ability to “make a living.”
When it comes to financial security and peace of mind, whole life insurance is always at the top of the list. While many people are aware of the primary benefits of whole life insurance — increasing cash value and permanent coverage —fewer understand the true potential that lies in the dividend options that come with these policies. If you currently have a whole life insurance policy, or you’re considering one, it’s crucial to know how you can maximize the advantages of your dividends.
If you’re interested in Infinite Banking Concept (IBC) policies, understanding the paid-up additions (PUA) feature is crucial. It’s one of the most compelling aspects driving cash value growth and overall policy performance. However, keep in mind that different insurance companies handle PUAs uniquely, which means it’s essential to evaluate your options carefully.
Life insurance loans offer a flexible solution for cash flow situations that may arise out of emergencies or to take advantage of business opportunities.
“Money is such a routine part of everyday living that its existence and acceptance ordinarily are taken for granted. A user may sense that money must come into being either automatically as a result of economic activity or as an outgrowth of some government operation.
But just how this happens all too often remains a mystery.” –Federal Reserve Bank of Chicago, Publication 1994
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.
Conventional “Retirement Planning” is Code for Gambling. The core of ordinary financial planning is rotten and no one
wants to talk about it.
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
We are in a serious financial crisis. And, it is not only Americans who have been holding their breath throughout this ordeal. Many other countries of the world also fear total collapse because our economic affairs are so intertwined. As we watch the stock markets rollercoaster downward, we wonder if anything can possibly work at this point.
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.
