This week has been awesome. I have held 3 "Become Your Own Banker" workshops. Very successful and promising to others. It has given some hope that has been lost with all the market loss and it has brought back a way to save for our purchases.
Most of us have been guilty of buying something on credit and our only concern is how much does this cost me monthly. We do not stop and think how long we pay for something and how we are paying for two of the same thing. Think of your 30 year mortgage, we end up buying our house and the lending company a house. So why don't you learn how to buy one for yourself and the rest of the money goes into your account not the lending institutions account.
Just a few things to think of. Did you know most couples fight about finances and the number one cause for divorce is money? Why is that? Learn how a system can keep you from having one less thing to fight about.
I hear from many of my clients, "Thank you for showing me this. Now my kids won't have the struggles we have if they will learn to do this." I have also had clients say, "Thank you for not giving up on us." Take an hour to find out what can help you for years down the road. We have to start changing our own way of thinking to change our personal economy. We have seen the "traditional" way of thinking and how it works.
We have all hear the definition of INSANITY - keep doing the same thing over and over and expecting different results. Is this you? Does it have to be you? Do you have a choice?
Call me today!
Accelerated Wealth
Friday, October 22, 2010
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…"
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