Accelerated Wealth
Wednesday, September 22, 2010
Sunday, September 19, 2010
Saturday, September 18, 2010
HOW TO CREATE YOUR OWN FAMILY BANK
By Barry Page, RFC
"Learn How To Create Your Own Family Banking System Using the Infinite Banking Concept™ Imagine recapturing all the money you normally pay for your car, and recapturing all the interest you paid if you financed it. Imagine making the same profits as the banking institution that financed it. Picture your “bank” expanding as you create a system for finance for your family. See your branch banks growing as your family grows.
Infinite Banking teaches the process of using your current cash flow for finances versus traditional consumption of money methods. By integrating protection and wealth accumulation one can enhance their assets without creating additional liabilities.
How does it work? Think of it this way, if you had your own grocery store would you buy groceries from a competitor’s store? If you owned your own bank, would you borrow money from a competitor’s bank? Most people agree that if you own a business, it makes sense to fully utilize that business and all its assets for not only your business but also for your personal needs. Yet that is not generally what happens especially when we make significant purchases such as cars, equipment, and homes.
By following some simple steps you can use available savings and cash flow to build your own “bank”. You can finance things you buy through your own “bank” with loans from your “bank” to you. You then repay your “bank” exactly the same way as you would repay the financial institution you would use otherwise. Building a system of banks increases your personal wealth.
Consider this, “We finance everything that we buy.” We either pay interest or we give up earning interest. Here’s the problem, the average American pays 34.5 cents of every disposable dollar to interest! And, we are not saving enough money. Currently the American savings rate is near its’ lowest in history, comparable to what it was during the Great Depression. Yet, most people are more concerned about earning interest than paying interest. Even if we were saving 10% of our income (the U.S. average is less than 3%), that would mean that our ratio of paying interest to saving is 3 to 1. Rather than fighting a head wind, wouldn’t it make more sense to create our own perpetual tailwind?
You can using the Infinite Banking Concept™. Though this concept has been around as long as the process of arbitrage, Nelson Nash was the first to explain in it in an easy to read book, Becoming Your Own Banker™. The book details how anyone can create their own banking system using ordinary, dividend paying, whole-life insurance.
While the book has it’s skeptics, and some naysayers have even called it a scam, the process is undeniable. You will need a coach, preferably a qualified life insurance agent that practices the Infinite Banking Concept™ themselves. Don’t expect to buy life insurance direct from the company, or ask the home office how the process works, they won’t know.
So, if you are tired of paying your hard earned money to the banks and financial institutions, and you want to recapture this interest and deposit it into your own bank, then read the book. You’ll learn the basics, see lots of examples of how you can use the concept, and understand what it means to be an “honest banker.”
You can purchase the book Becoming Your Own Banker™ here: www.infinitebanking.org/
Stop Paying Interest and Start Earning Interest Now! The possibilities are infinite…"
"Learn How To Create Your Own Family Banking System Using the Infinite Banking Concept™ Imagine recapturing all the money you normally pay for your car, and recapturing all the interest you paid if you financed it. Imagine making the same profits as the banking institution that financed it. Picture your “bank” expanding as you create a system for finance for your family. See your branch banks growing as your family grows.
Infinite Banking teaches the process of using your current cash flow for finances versus traditional consumption of money methods. By integrating protection and wealth accumulation one can enhance their assets without creating additional liabilities.
How does it work? Think of it this way, if you had your own grocery store would you buy groceries from a competitor’s store? If you owned your own bank, would you borrow money from a competitor’s bank? Most people agree that if you own a business, it makes sense to fully utilize that business and all its assets for not only your business but also for your personal needs. Yet that is not generally what happens especially when we make significant purchases such as cars, equipment, and homes.
By following some simple steps you can use available savings and cash flow to build your own “bank”. You can finance things you buy through your own “bank” with loans from your “bank” to you. You then repay your “bank” exactly the same way as you would repay the financial institution you would use otherwise. Building a system of banks increases your personal wealth.
Consider this, “We finance everything that we buy.” We either pay interest or we give up earning interest. Here’s the problem, the average American pays 34.5 cents of every disposable dollar to interest! And, we are not saving enough money. Currently the American savings rate is near its’ lowest in history, comparable to what it was during the Great Depression. Yet, most people are more concerned about earning interest than paying interest. Even if we were saving 10% of our income (the U.S. average is less than 3%), that would mean that our ratio of paying interest to saving is 3 to 1. Rather than fighting a head wind, wouldn’t it make more sense to create our own perpetual tailwind?
You can using the Infinite Banking Concept™. Though this concept has been around as long as the process of arbitrage, Nelson Nash was the first to explain in it in an easy to read book, Becoming Your Own Banker™. The book details how anyone can create their own banking system using ordinary, dividend paying, whole-life insurance.
While the book has it’s skeptics, and some naysayers have even called it a scam, the process is undeniable. You will need a coach, preferably a qualified life insurance agent that practices the Infinite Banking Concept™ themselves. Don’t expect to buy life insurance direct from the company, or ask the home office how the process works, they won’t know.
So, if you are tired of paying your hard earned money to the banks and financial institutions, and you want to recapture this interest and deposit it into your own bank, then read the book. You’ll learn the basics, see lots of examples of how you can use the concept, and understand what it means to be an “honest banker.”
You can purchase the book Becoming Your Own Banker™ here: www.infinitebanking.org/
Stop Paying Interest and Start Earning Interest Now! The possibilities are infinite…"
Friday, September 3, 2010
Choices and Handy Downs
Fall is in the air. I love this time of year, but I dread winter because it is the next season and I am not a big fan of cold or snow. I have learned to deal with it because there is no other choice.
That brings up an interesting word: CHOICE. Many times we feel we do not have a CHOICE! Many times we are "stuck" doing what we are doing because we make the CHOICE to continue doing the same ol' thing. Whether you make the CHOICE to do what you have always done (regardless if it's working) or because you do not know there are other CHOICES out there, it is your CHOICE.
With this in mind, you have a CHOICE to continue listening to the financial gurus (which have guided us right where we are today). Do you realize your financial planner gets paid on your account regardless if you lose money or make money? Do you really think they have your best interest at heart? I am willing to bet you have heard the phrase, "Don't move it because it will come back." Of course they want you stay right where you are because they do not want to lose your account and the money they make regardless of you making money. I agree it will come back, (When? That's the million dollar ??? You might have a better chance to get out your crystal ball). Did you know history repeats itself? Meaning it's going to "fall" again. Why continue knowing the risk????
With all that in mind, do you want to continue to "play" the market? Gotta love that word "play" because that might mean someone is "playing" with YOUR money. Why not learn to control your own money, therefore not caring if the market falls.
Let's look at this way...you put money away with the hopes your money "plays" at a great return than when you bought. Have your thought of - if you are buying something someone is making money off of you? You sell it to you neighbor next door, you made money off of him, correct? Then he sells it to his neighbor next door and makes money, which turns around to sell it to you, but you are smarter than your neighbors and you say no because you bought it a lower price and do not have anyone to sell too. Oh boy, the neighbor is upset because he just got stuck with it and has no way to sell it because no one is going to buy it. Who just got the loss? Now what is it valued at now? How is this any different than the market? No one wants to buy it (stocks and bonds) because they have already had it and made a profit.
Another great analogy is when you have a family, a big family with lots of kids, the younger always gets the handy downs correct? Wouldn't you want to be the oldest child because the clothes and shoes will be new and when your younger sibling are done with the clothes or shoes are they worth anything? Are you starting to understand?
Now your CHOICE is to continue doing what you are doing "HOPING" for a change or you can take action and "MAKE" a change. Call me today and let's sit down and discover how to make a CHOICE for the better.
Cassie Elder
719.469.1240
That brings up an interesting word: CHOICE. Many times we feel we do not have a CHOICE! Many times we are "stuck" doing what we are doing because we make the CHOICE to continue doing the same ol' thing. Whether you make the CHOICE to do what you have always done (regardless if it's working) or because you do not know there are other CHOICES out there, it is your CHOICE.
With this in mind, you have a CHOICE to continue listening to the financial gurus (which have guided us right where we are today). Do you realize your financial planner gets paid on your account regardless if you lose money or make money? Do you really think they have your best interest at heart? I am willing to bet you have heard the phrase, "Don't move it because it will come back." Of course they want you stay right where you are because they do not want to lose your account and the money they make regardless of you making money. I agree it will come back, (When? That's the million dollar ??? You might have a better chance to get out your crystal ball). Did you know history repeats itself? Meaning it's going to "fall" again. Why continue knowing the risk????
With all that in mind, do you want to continue to "play" the market? Gotta love that word "play" because that might mean someone is "playing" with YOUR money. Why not learn to control your own money, therefore not caring if the market falls.
Let's look at this way...you put money away with the hopes your money "plays" at a great return than when you bought. Have your thought of - if you are buying something someone is making money off of you? You sell it to you neighbor next door, you made money off of him, correct? Then he sells it to his neighbor next door and makes money, which turns around to sell it to you, but you are smarter than your neighbors and you say no because you bought it a lower price and do not have anyone to sell too. Oh boy, the neighbor is upset because he just got stuck with it and has no way to sell it because no one is going to buy it. Who just got the loss? Now what is it valued at now? How is this any different than the market? No one wants to buy it (stocks and bonds) because they have already had it and made a profit.
Another great analogy is when you have a family, a big family with lots of kids, the younger always gets the handy downs correct? Wouldn't you want to be the oldest child because the clothes and shoes will be new and when your younger sibling are done with the clothes or shoes are they worth anything? Are you starting to understand?
Now your CHOICE is to continue doing what you are doing "HOPING" for a change or you can take action and "MAKE" a change. Call me today and let's sit down and discover how to make a CHOICE for the better.
Cassie Elder
719.469.1240
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