Interest is always working.
It is either working for you or against you. You are either earning interest, paying interest or losing the opportunity to earn interest. There are no other scenarios.
Money has to move to earn.
Stagnant money is money in jail. But for whom is it in jail?
Some examples of stagnant money are Qualified & Non-Qualified Plans and CD’s.
Some examples of cash flowing and constantly moving are Qualified & Non-Qualified Plans and CD’s.
What am I talking about? I am talking about the difference between whoever has control of the money makes ALL the difference.
If you are depositing your money into a Qualified, Non-Qualified Plan or a CD, aren’t there restrictions and penalties if you touch YOUR money at any point before the term is up? Who set the term? The one who is in control of your money.
Why are you discouraged with restrictions and penalties, from using and moving your money? Is it to protect you, so you don’t spend it all before your retirement, or before the set term? Of course not. It is so they (the ones in control of your money) can keep your money moving for themselves.
It is not the owner of the money but the one who has control of moving the money who is making all the profits.
We are taught to store our money for the future, and not use it for all that time, so it can grow. Ha Ha Ha. Why is that? The Private Reserve Strategy as discussed in Nelson Nash’s book Becoming Your Own Banker puts YOU in CONTROL of YOUR money, throughout your entire lifetime.
For Life Insurance Agents Who Love Infinite Banking.
If you are considering which agency to join as a life agent that offers your clients the best possible policies and scenarios for their infinite banking systems? Look no further.
1/ Life Strategies Group will be holding exclusive trainings that focus on how to use a variety of financial calculators that demonstrate the many and varied financial strategies our clients can implement with their banking systems.
This will be focusing on using the calculators with the IBC concept only. This is set for August, in Utah. Let me know if you are interested in joining our team so you can participate.
2/ Also, we will be holding (for the first time) a series of exclusive and unique on-line trainings with Nelson Nash, author of Becoming Your Own Banker, as the educator. Stay tuned for further details.
If you are on the fence about whether to jump in to being an agent in general or an agent with us, Life Strategies Insurance Group, now is the time to decide so you can participate.
Contact me today so we can begin the process. Jennifer Hansen 845 – 649-7487 — Jennifer@DebtDiagnosis.com
Does Refinancing to a Lower Interest Rate, Lower Your Debt and Save You Money?
We are taught to focus all our attention on interest rates but by only looking at interest rates, we miss the fact that refinancing often increases our debt load, not decreases it, like many believe. Let’s first look at the cost of a mortgage. Why is refinancing pushed as a beneficial option? Why are 1st time mortgages set up with higher interest rates that are encouraged to be lowered, via refinancing, a few years down the road with enticing lower monthly payments and interest rates? The link below portrays a $200,000 mortgage @ 6% over 30 years. Look at the first 5 years of the amortized schedule. Now look at the cost of this $200,000 mortgage. It is $231,677, which is an interest charge equaling approximately 116% of the amount borrowed over 30 years.click to view full 200,000 mortgage amortization schedule More »
Click twice to Enlarge
http://www.visualeconomics.com/a-lifetime-of-debt-the-average-americans-financial-journey/
If you own the debt, how would this game of debt make you feel? A little different, right. We are educated to look at debt through the eyes of the borrower.
Debt makes the owner wealthy as it is an asset to them. They are earning the interest and control all the terms. So if you spend the time necessary to understand that there are other players in the banking game, you could turn your debt into an asset also.
There is a way where you can be the bank owner, the banker, the borrower and the saver/depositor. In this scenario, you are in control, you make the terms, you earn the interest, you recapture the principal, you become wealthy.
Please contact me today so I can show how possible, and actually easy, it is to Become Your Own Banker. Jennifer Hansen 845 – 649-7487
Page 85, point 3, of Best Selling Author Nelson Nash’s book, Becoming Your Own Banker, asks you to consider this point — When you get paid for your work, you put ALL of it into “someone else’s bank” and then write checks from the account to buy the things of life. SO, “someone else’s bank” gets all of your money.
If you owned a private reserve system, wouldn’t you want to run ALL your business through it? If this is so, the life insurance premiums paid each year should ultimately equal your annual income. More »
Here is a list of 113 reasons why you would want to thoroughly investigate Becoming Your Own Banker.
Why subject yourself to this list of mostly unwarranted charges?
Now I am not suggesting that by Becoming Your Own Banker you will never have to use a regular corner bank again, because you will have to. However, you will definitely be less and less, at their mercy, the longer you own and operate your own private reserve banking system. More »
Rich Dad Poor Dad
Robert — “I don’t need a retirement plan because all of my assets produce income.”
Time Magazine Interviewer — “Are there some people who should play it safe, do the traditional route and just pick up a house, pay the mortgage?”
Robert — “That’s probably the most dangerous thing you can do.”
The middle class, which is disappearing, are the ones who are paying the taxes.
Robert Kiyosaki’s Poor Dad’s attitude was, “I have a PhD, the government will take care of me, save your money.…. But as you are saving your money the Federal Reserve is printing trillions of dollars. How stupid can you be? Invest your money for the long term in a well diversified portfolio of mutual funds. Send it straight to Wall Street so that they can pay their brokers 10 million dollar a year bonuses. How stupid does a person have to be? — wake up.”
1. Flexible – Get multiple uses from each dollar! Typically, we allocate dollars into individual buckets that meet specific needs or wants. We have our savings bucket, our retirement bucket, our investment bucket and our insurance buckets. A dollar placed in any one of these buckets serves one specific need. However, a banking system can perform simultaneous jobs such as life insurance protection, personal savings, financing, a warehouse for investment dollars, retirement & estate planning. Your options are infinite and interchangeable. With this system you can truly stretch a dollar.
| Starts: | Tuesday January 04, 2010, 08:00 PM EST |
|---|---|
| Ends: | Tuesday January 04, 2010, 09:00 PM EST |
| Event Type: | Training/Seminar |
| Location: | Relax at home in front of your computer |
| Price: | No Charge |
| Website: | http://bit.ly/fHjNtf |
| Industry: | Financial Services |
| Intended For: | Insurance Producers, Real Estate Professionals, anyone interested in securing financial security now and after retirement. |
| Organization: | Life Strategies Insurance Group |
Choosing the Right Life Insurance Company for IBC (Infinite Banking Concept)
How does one choose the right LIC to practice infinite Banking with?
Thanks, GL
Hi Gary, This is a very important question as a client must understand the differences between insurance companies before being able to make an informed decision about whether what they are being told is a great company with a great product, really is properly set up for banking.
BECOMING YOUR OWN BANKER
by Bestselling Author, R. Nelson Nash
Do you borrow money from your bank? Do you deposit money in your bank?
I structure Private Reserve Banking Systems for my clients by using the same 200 year old concept that ALL major banks use today.
* I can show you how to create wealth withOUT investing and withOUT risk. More »
You can also find some informative videos at the infinitebanking.org website.