You are losing money, unknowingly and unnecessarily, every day! Do you realize how much it is? You spend $0.54 to $0.64 of every earned dollar on taxes and interest alone. Would you like to have it back? Or do you prefer giving it to the banks and the IRS? Are you ready to take control of your money?
If we could show you how to finance something, like a car, where thereafter every other car paid for itself, would you want to hear about it? What if you could finance your own house, a rental property, equipment for your business or even your child’s education? Once you learn and apply the principals of the Infinite Banking System the opportunities to self-finance are limitless. We will educate and advise you on the Infinite Banking System. Then we will help you to become your own banker so you can begin recapturing the dollars that you are transferring away.
To understand this better you must know how money flows. There is only one pool of money in the world. Like water, it flows freely…changing hands often. What does a bank do? A bank is simply an intermediary and gatekeeper of the money pool. A bank has learned the power of turning money and sold depositors on the wonder of compound interest. Money does not accumulate in the bank. It is continuously used and re-used. The more times a bank can turn the money the more profit they will make. Therefore, financial institutions will gladly give you, the depositor, a small rate of return for the use and control of your money. They know that they will make much more than you will by turning the money over and over. It’s important to remember that a bank does not loan THEIR money. They loan YOUR money! What if you could do what the financial institutions are doing? To see if this would be a good thing let’s look at the tale of two brothers. Both brothers, Michael and John, decide to buy a new SUV and finance with the same terms. $30,000 loan, 6% interest rate, $580 for 60 months.
Michael uses the local bank to finance his SUV. John, however, uses his Personal Bank. Let’s see what happens!
You can clearly see how the money flows from Michael to the bank. The loan is considered a liability and an expense for Michael, but becomes an income producing asset for the bank. That makes sense! After all, most of us have been involved in many transactions similar to this. Let’s look at the net effect for Michael and the bank. What is Michael left with after 60 months? All that Michael has is the depreciated value of the car, which we will say is worth $5,000. However, what does the bank have? Well, they received every penny of Michael’s $30,000 principal plus $4,799 in interest. They have a total of $34,799 which will promptly be lent again to another willing borrower. How would this picture change if you owned the bank? Let’s take a look at what John did.
It’s plain to see that the flow of money is the same, but the players have changed. On John’s personal side he still has a liability and a monthly expense. However, since he’s paying his own bank back, he also has an income producing asset. You can see that John is not only left with the depreciated value of the car, but he has also recaptured every cent of the principal and interest. This brings his grand total to $39,799! So, which brother would you prefer to be? How much faster would your wealth grow if you financed from your bank every chance you had?
Through implementation of the Infinite Banking System we will show you how to turn the tables around so that you become the bank. You can choose to finance your personal expenditures or provide financing for other individuals and institutions. The combination of recapturing principal and interest and turning the money regularly creates an infinite flow of wealth. Your assets create income. Your income buys more assets and those assets produce more income. It’s a beautiful financial snowball effect. But there’s more! |
