“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.
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.
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.
This is an article about Entrepreneurship. It is an economic article intended to briefly explain the organization of production and how the central role in this process belongs to the Entrepreneur, the men and women who invest in “capital.” Additionally, we discuss a few
misconceptions about the processes utilized by the entrepreneur in
assembling the various means of production, especially in the area of capital formation. Included are comments on corporations, the stock market, and government intervention in the market.
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”
