Borrowing from Whole Life Insurance Policies - A Key to Financial Success
Borrowing from whole life insurance policies is the key to long-term wealth-building. Yes, as crazy as it sounds, the secret to personal financial success is to stop borrowing from banks, finance companies, and credit card institutions, and start borrowing from yourself!
If banks, financing institutions, and credit card companies are squashing our financial futures, it seems logical that the key to wealth-building is removing these various "money changers" from our lives. Think of the money multiplier effect that would take place if we could recapture and leverage all the interest we've been paying into "the system" over the years? What if we could earn back and recycle the interest paid on cars and other personal assets? What if we could exit the system altogether and be our own bank? How is that accomplished?
Borrowing from Whole Life Insurance Policies - Source of Funds for Self-Banking
Borrowing from whole life insurance policies is the source that funds the overall solution. The more you control the banking function as it relates to your needs, the more money you will be able to keep in your hands and never have that money return to the banking system.
Through the use of specially-structured, dividend-paying, whole life insurance policies, you can capitalize yourself, borrow from yourself, and return the interest to yourself on a tax-advantaged basis. This “Be the Bank” Process allows you to recapture the money that would otherwise be paid to traditional lenders. Then, that money builds on itself and can be recycled again and again through similar “Be the Bank” transactions.
As you avoid the traditional banking system by borrowing from whole life insurance policies, you can build true wealth in your own "banking network."
A fact you must understand is that we finance everything we buy, either by paying interest to an institution or giving up interest that we could have otherwise earned. When we operate as our own bank by borrowing from our own whole life insurance policies, we can recover that interest and put it back to work for ourselves! Once our money is in motion in our own, self-contained system, the kinetic multiplier effect kicks-in andwe witness true wealth-building in our lives!