“The problem in America isn’t so much what people don’t know; the problem is what people think they know that just ain’t so.” Will Rogers
Infinite Banking is the concept that was created by Nelson Nash and explained in his book, “Becoming Your Own Banker.” The whole idea is to recapture the interest that you are paying to banks and finance companies for the major items that we need during our lifetime, such as automobiles, major appliances, education, homes, investment opportunities, business equipment, etc. This book is not about investing; it is about how you finance the things you buy. It is not about the rate of return, as time goes by, interest rates go up and down, but the need for banking remains. The idea is that you create your own banking system, using uniquely designed, high cash value, dividend-paying, permanent life insurance offered by a mutual Insurance company. It is a very specific policy that focuses on cash accumulation. Whole life insurance, when structured properly, offers competitive growth and safety that cannot be found anywhere else. The infinite banking concept is a big shift in thinking. The concept is not complicated; it is just a different way to think about how to use and control your money.
We encourage you to read the book “Becoming Your Own Banker” and to check out the Nelson Nash Institute website: https://infinitebanking.org/ You are your biggest investment, take the time to discover how you can control the banking function in your life and recapture the thousands of dollars that you are paying in interest to others. We are here to answer your questions, help you learn, provide resources, and teach you how to use IBC to achieve your goals.
