Bank on Your Future - “Be the Bank”
Bank on Your Future is a powerful and time-tested approach to capitalizing yourself, borrowing money from yourself, and paying yourself back the interestotherwise earmarked for the traditional moneychangers in your life.
Although variations on the Bank on Your Future philosophy have been around for nearly 100 years, R. Nelson Nash popularized the financial system in the early 1980's with his book, Becoming Your Own Banker.
Bank on Your Future - Time-Tested, Personal Financing Approach
The power underlying the Bank on Your Future approach is the simple financial truth that we operate our lives on borrowed money. We borrow money for homes, home improvements, cars, educations, business equipment, trips, recreational toys, and other major purchases. Either we're borrowing money and paying interest to financial institutions or we're paying cash and foregoing the interest that we could have earned on that money. Either way, it's impossible to accumulate wealth unless we think and operate our financial lives like banks.
Personal Equity Institutes “Be the Bank” Process allows for such a result!
Personal Equity Institute’s “Be the Bank” Process is known by many names: Infinite Banking, Bottomless Banking, Being Your Own Banker, Bank on Your Future. The important aspect of PEI’s “Be the Bank” Process is that this is a time-tested, personal financing solution that uses specially-designed, dividend-paying, whole life insurance policies. If properly structured by a PEI trained “Wealth Advocate”, this "self-banking" approach allows you to recover the interestthat you would otherwise pay to traditional lenders. Once recaptured, that money is put to work again and again in similar self-funded transactions, accruing additional wealth in each cycle.