Financing with Dividend Paying Life Insurance ∞ Infinite Banking
Schedule an introductory banking meeting: https://legacyinsuranceagency.com/ibc
In this video I disucss financing and how to pay for your major purchases using dividend paying, whole life insurance from a mutual life insurance company. What's the difference between compounding interest and amortizing interest?
How to use this private account to have your dollars work harder. Dollars put into the account perform multiple duties:
$ - Protection for your family or business in the event you are not there.
$ - Savings that you can use to accumulate wealth, and it is easily accessible.
$ - Growth that compounds every year and is uncorrelated to the markets.
$ - Financing Options to utilize PLI without credit reporting at competitive rates.
Research shows that the vast amount of Americans will transfer away the majority of their wealth to TAXES, INTEREST and FEES… unnecessarily!
Infinite Banking is a predictable way to create financial independence and freedom using your own personal capital. By practicing the Infinite Banking Concept™ you can grow your family’s wealth safely and predictably without traditional banks or government retirement plans.
"The whole idea is to recapture the interest that one is paying to banks and finance companies for the major items that we need during a lifetime, such as automobiles, major appliances, education, homes, investment opportunities, business equipment, etc." ~Nelson Nash, bestselling author of Becoming Your Own Banker
Are you searching for a better way? If you are seeking financial security and freedom, subscribe to our channel and request a meeting.
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