Blog 117 – Be Responsible When Taking Policy Loans
One of the great advantages of an Infinite Banking Concept (IBC) policy is that you have access to the cash value in your policy any time you need it in the form of a policy loan.
2024 December BankNotes
This week’s news about President Joe Biden’s preparations for leaving office before the holidays should be another glaring example of why we need to intensify our efforts into doing all that we can to motivate each other into taking personal action toward protecting ourselves and our families.
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”
2024 October BankNotes
These economic theorists have at their
core of thinking the principles of scarcity and choice. More importantly, they believe that economic value is subjective to the individual. These concepts, when used in the thinking process, provide the ability to see the world and especially the market economy in a uniquely different way from all other schools of thought.
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 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.
2024 March BankNotes
It was our largest Think Tank event to date with over 280 people in attendance. This was a milestone event in many ways aside from attendance. We recognized our council members with Nelson Nash Leadership Awards and presented certificates to 38 IBC Practitioner course graduates.
Blog 109 – An Infinite Banking Tax Strategy
This is not about “finding a tax loophole.” Rather, we are pointing out one option that people with large cashflows — such as business owners who annually make a large payment to the IRS
2024 February BankNotes
Nothing in recent years has convinced me more of this fact than attempting to explain the Infinite Banking Concept (IBC) to others. When I consider the number of years it took me to finally understand it, I wonder if its simplicity is not perhaps the real source of its difficulty.