Infinite Banking for Families
The Traditional Approach
The average American spends 34.5% of every dollar they bring home in interest on homes, cars, student loans, & credit cards while saving less than 6% of their net income. I guess this is why in a recent study conducted by ING, it's estimated that over 90% of baby boomers in the U.S. will retire financially dependent on others. Conventional financial planning is not working, however we continue to follow its teachings.
Why the traditional approach does not work?
We are taught to do things with our money that we would never do with what money buys. For example, would you ever buy a car and wait 25-30 years to drive it (401k), or would you ever buy a loaf of bread and wait 5 years to eat it (CD), I think not. Yet this is exactly what we do when we follow traditional planning. “What if what you thought to be true turned out not to be true, when would you want to know it?”
Don't pay other people the interest
If you could recapture up to 100% of the interest you spend each year, would you want to know how to do it? Learn how by reading more about the Infinite Banking Concept.
How can Infinite Banking help me?
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