Unlocking Financial Freedom: The Infinite Banking Concept for Self-Employed Individuals
It’s been a wild ride of economic uncertainties in the past few years. And if you are self-employed and trying to create wealth or protect your financial future, you are no doubt asking the same question as everyone else: “What Are Some Ways I Do That?” Enter Sue and Dave, a married couple in their […]
Infinite Banking for Business and the Benefits of a PAR Policy
Whole life insurance has evolved into a versatile financial tool that can offer substantial benefits to your business. From the allure of tax exemptions to facilitating buyout agreements and safeguarding key personnel, life insurance can play a pivotal role in bolstering your business endeavors. In this article, we’ll explore the many ways life insurance can […]
Infinite Banking: Dave Ramsey Gets It Wrong
Radio host Dave Ramsey’s Criticisms of the Infinite Banking Concept Dave Ramsey, a popular radio host, has frequently criticized the Infinite Banking Concept, even calling it a “scam” on his show in 2020. However, financial experts, including Ramsey, have misconceptions about the concept, which can be explained by analyzing its various aspects. Misconception: Infinite Banking […]
You WIN, They LOSE – When You Buy a Car this Way
Spender, Saver, Wealth Creator, Who Wins? There are 3 types of people buying a car. There’s The Spender, The Saver, and The Wealth Creator. Each one buys a car in their own way, according to their own preferred method of financing. Below is an example of what each person goes through during their lifetime, based […]
Why Use Whole Life Insurance for Infinite Banking?
Let me start by saying there are two types of people who buy life insurance: Those who need it, and those who use it. Those who need life insurance may view it as a annoying monthly expense but recognize that it is needed to protect their family from financial hardship if they die prematurely. It […]