What do you do when you need fast access to cash? Do you have a rainy day fund to rely on? Would you have to borrow from a friend, go to a bank, or use your credit cards? When times get tough, people are less likely to loan money; it becomes more challenging to secure funding from a bank, and credit card companies can reduce limits or even cancel cards without notice. What if there was an easy and quick way to access cash? There is – a loan from your Infinite Banking Plan!
With Infinite Banking, you can:
- Get cash when you need it
- For whatever reason
- You don’t have to go to a bank and get their approval
- There are no penalties or restrictions
- You pay it back on your schedule, not someone else’s
- No high-interest rates
- No late notices
You control everything about it! There are so many advantages to owning an Infinite Banking Plan, all the things we mentioned above, plus these benefits as well:
- Guaranteed growth that beats CDs, money markets, and savings accounts
- Tax-deferred growth
- Tax-free income
- Protected from Creditors
- You can use your money AND have it continue to grow uninterrupted
Here are a few examples of how you can use your Infinite Banking policy:
- To buy a car
- An anniversary trip
- To purchase an RV
- Tuition Payments
- A business opportunity
- Buy real estate
- A new kitchen
- To pay off your student debt
You can use your policy for anything you want! There are famous entrepreneurs who have used their whole life policies to finance their dreams. Walt Disney borrowed against his policy to make Disneyland a reality. Ray Kroc of McDonald’s fame used his policy to pay key employees to keep his business going. J.C. Penny used his life insurance policy when the market crashed in 1929. Banks were failing across the country, but insurance companies, which are more regulated than banks, survived and had the cash reserves that policy owners like Mr. Penny relied on to keep the doors open.
You want to be prepared for whatever comes your way – Opportunities or Emergencies. If you don’t have cash readily available, you can’t take advantage of a once-in-a-lifetime opportunity or recover from an expensive loss like a bad car accident or house fire. Having access to cash can literally change the trajectory of your life.
This is why it is so important to have a solid financial foundation in place. The pandemic has taught us that we aren’t always warned when disaster is about to strike – preparation is protection. There is no better time than today to start your own Infinite Banking Plan.
Click here to contact us now! You have nothing to lose and everything to gain. We can answer your questions and work with you to design a custom plan that’s right for you. The only regret that our Infinite Banking clients have is that they didn’t start their plan sooner!
Tom is an authorized Infinite Banking Concepts Practitioner and is dedicated to the Nelson Nash Institute Mission Statement “To Educate and inspire individuals to take control of their financial lives by reclaiming the banking function from outsiders.”