Posts Tagged ‘Becoming Your Own Banker’

Wealth Has to Reside Someplace

Saturday, April 3rd, 2010

With You or in Another Place is Your Choice!

Imagine some monetary mechanism that has borne a top score record throughout a history of one thousand four hundred years and even endured the Great Depression. And what if this mechanism was not affected by recessions, was tax free, was very liquid and accessible and not related to fluctuations in the stock market?

What if: This financial instrument was readily available to you, without risk, The returns were guaranteed, It was judgment proof, and, You could use it to recover 20 to 25% of what you are currently spending right now without working any harder or any longer?

Okay the truth is out, there is such a financial tool! The problem is due to investment strategies, which can only work while an economy is booming; this financial tool has been given a bad name. But now during the bust cycle which we are going through right now, the wealthy who know all about this financial tool and have used it to create their wealth, contentedly sit on their guaranteed profits and watch. All the people that were in speculation of course are earnestly praying for a “real rate of return of at least 12.8% a year until 2017,” just so they can break even.

As a matter of fact, this financial tool has been used to create wealth for over 100 years, in this country alone. J.C. Penny and Walt Disney used this financial tool when everybody else thought that they had gone crazy and wouldn’t extend any loans to them. All they did was use the liquidity of this tool which they owned and put foundations under their dreams which the public laughed at.

If none of this peaks your interest, you are either sleeping or you do not understand money. Welcome to the real world where most people do not understand money and how it really works. That is why America is in the financial mess it is in today.

Want to find out more about the Infinite Banking Concept? visit Life Benefit$, Inc.

The Reforming of Health Care

Wednesday, March 31st, 2010

And How You Can Profit!

Like it or not Health Care Reform is a reality. Regardless of which side of the political spectrum your sympathies lay, things do not look pretty.

Of course it does not have to be that way, so let us change from focusing on what we cannot control, to focusing on the things that we can control, i.e., your financial future, securing the care that you and your family deserve.

Grasp this, the medical insurance beneficiary never has been, and will never be, the person in ownership of the policy. Medical insurance was founded by the hospitals when they approached the insurance industry at the time of the “Great Depression” where they requested help to make stable their income which varied rapidly. The Medical insurance beneficiaries are: the hospitals, dentists, doctors and other providers of health care. Notice that none of these are the policy holders!

But you do not have to be a history buff to realize this. Go use your health insurance a lot and what happens?

However there is a kind of insurance you should use a lot. In fact the more you use it the better it becomes. The premiums cannot go up with this insurance and the more you use it the bigger your cash value will grow.

This type of insurance allows you to “Become Your Own Banker.” By using the cash values of the policy, while the total premiums you have already paid keep earning you a guaranteed rate of return, you make the policy perform better than it was designed to perform. Fact is the more you use the cash values the higher the cash values and face value can become. This is because this insurance pays dividends. And, neither the rate of return you earn on the premium or the dividend is taxable under current tax laws.

So if Health Care Reform has got you concerned, consider the following:

Perhaps you could change to a health care policy with a high deductible, and reduce your premiums

And pay the difference into a whole life insurance policy which will pay you interest on your premium monies, besides this, it will allow you to use the cash values of your policy while it continues to pay interest on the premiums, and your dividends grow tax free.

This simple money switch will put you in the driver seat.

By taking charge and “Becoming Your Own Banker” You will win big! Remember, the more you use the cash values of your life insurance, the better off you are.

And also, with a policy that has been structured properly, if you chance to become disabled don’t worry, the premium will be paid automatically by the company and the cash values will continue to rise…there is no need for the “high premium” disability insurance!

This is the final line: When you use the “Infinite Banking Concept,” you always win!

“Finally, a plan that truly works! It is time-tested, contains no gimmicks, no multi-level marketing, and no schemes.”- Ruthann and Walt

Dr. Tomas McFie with Life Benefits, Inc. is widley recognized as a financial coach that helps people recover the money they spend. Tomas does this by teaching people how to utilize the infinite banking concept as described in the book Becoming Your Own Banker

Start To Recover The Money You Spend on, Living, Cars, Taxes, Interest, Payroll, And Lots More!

Tuesday, March 16th, 2010

Begin Reading This Book.

“What I am about to tell you cost me thousands of dollars. Now, because you are open minded you are about to learn the way money really works and what it takes to create real riches and lasting wealth!

Most people are unaware that they consistently lose between 30% and 40% of every dollar they earn (and that is after paying taxes.) This is because you finance everything you purchase. That is right! You either lose money by paying interest to someone else for the use of their money; or you lose the interest that you could have earned on the money which you spent. Either way you lose. Welcome to the banking equation! This simple fact is one which the wealthy know,understand and use everyday but is also the one which has kept you from being rich and building lasting wealth yourself.

Now fact number two: Wealthy people own high premium participating whole life insurance. Policies underwritten by a mutual company, which offer, non-direct recognition cash value loans. This is because owning participating whole life insurance is like having your cake and eating it too, when it comes to the banking equation. Some call this over funding, but if you knew you would get everything back that you put in— with interest and without paying further taxes— would that be a problem for you? Well, for the wealthy, it is not! That is because they use the cash values in those whole life policies to finance the things they need in life. And they make money just like the banks and financing companies are making on your money right now!

The Infinite Banking Concept, the book written about “Becoming Your Own Banker” (BYOB) by R. Nelson Nash, demonstrates how you can literally use your own money to finance everything that you need in life and get all the interest and principle back into your own pocket! Go ahead, ask any CPA or tax attorney and they will confirm this basic fact: “The return of your money is more important than the rate of return on your money.” That is what the Infinite Banking Concept (aka IBC) is all about. Put that in a tax free inflation offsetting product and if you listen to the right coach, you are on your way to true riches and lasting wealth.

Finally:

Where do you find most banks in obscure, cheap, and inexpensive places?

I f you had been utilizing your money like the banks or financial institutions do, would you have more money in your hands?

Start recovering one third of what you spend monthly, then you can take that vacation that you have earned and your family deserves!

Tom McFie with Life Benefits, Inc. is widley recognized as a financial coach that helps people recover the money they spend. Tomas does this by teaching people how to utilize the infinite banking concept as described in the book Becoming Your Own Banker

Taxation, Money And Banking, With The Infinite Banking Concept By Becoming Your Own Banker

Thursday, March 11th, 2010

Money is an asset! Try living a week to 10 days without it and you will appreciate just what an asset it really is. But most people do not treat money like an asset and therefore they destroy moneys best quality. You see money treated as an asset multiplies exponentially.

It has been written that “The value of an asset increases exponentially while the value of your labor only increases incrementally.”

Most people are concerned about the rate of return on their money when they should be concerned about the return of their money. And so they lose the real value of their money by giving it to someone else.

Consider the following:

Where does all your money go when you get a paycheck?

Your bank or a third party’s bank?

Do you or someone else profit the most from this way of doing business?

The late Adrian Rogers argued that you cannot multiply wealth by dividing it. Ritually, putting your money into a Bank owned by someone else gives someone else control of your money— not you. This simple process— the separation of you and your money— can be very costly. Remember, every time you lose control of your money, you lose money! Once you give the control of your money to others they can assess fees and service charges, use your money to make themselves money, or lose your money and pay you little or nothing for compensation.

Nobody is financially independent until they have mastered the concept as taught in the book Becoming Your Own Banker, by R. Nelson Nash. Nash teaches a concept called Infinite Banking which will teach you how to control and benefit from the financing equation which is as follows:

You lose money whenever you buy anything. You lose money that you could have earned in interest when you pay cash, or you lose the interest you have to pay someone else to use their money to make your purchase.

Do not be fooled, banks and financial institutions make money when they loan your money out to others. If you practice Becoming Your Own Banker however, you are the one who will profit the most by allowing for your money to return to you in a tax free environment the IBC way.

Dr. Tom McFie is a professional financial coach and is widely known for helping people recover the money they currentley spend. Don’t Make another payment until you have watched his Infinite Banking Video Then Contact him he can help you