Tuesday, September 13, 2011

The Four Rules to Becoming Your Own Banker (Infinite Banking Concept)

Becoming Your Own Banker is a financial strategy that empowers individuals, business owners, and corporations to profit the same way banks do. This is accomplished by having access to your capital on your terms, not the banks. It also provides a way to grow your money tax-free without risk of stock market loss. And unlike a 401k/IRA government retirement account, the money is held in a private contract that can provide tax-free income at retirement.

If you follow these rules, you will eliminate your local bank and finance company from your life forever.

Rule #1: Think long range like a forester.

It's been said the best time to plant a tree was twenty years ago. So twenty years ago would have been the best time to think about planting. If you have the discipline to save money, now is the time to start your policy, not 20 years from now. Unlike a forester though, with the Infinite Banking Concept you can begin utilizing the benefits of your savings from the beginning because the IBC strategy provides liquidity while you are growing your savings. You can use the money for any purpose and without any conditions.

The money you save should last a lifetime. If you have a short term need for your money, the Infinite Banking Concept is not right for you.

Rule #2: Don’t be afraid to capitalize.

A customized dividend paying whole life policy is the best place in the world to have capital. It is insured from loss by the insurance company and has tax-favored status under the Internal Revenue Code.

Each year, the policyholder is contractually guaranteed to have an increase in cash value EVEN IF YOU USE THE MONEY FOR OTHER PURPOSES.

The #1 lesson to learn in building wealth is never lose capital. Every time you lose capital, you miss out on future opportunities. Don't be afraid to capitalize your policy.

Rule #3 Don’t steal from yourself.

You would never take a loan from bank and not pay the bank, right? The same rule applies to a loan you take from yourself. Let's take it one step further. If you knew you were going to re-capture all the interest you were charging yourself, how much interest would you pay yourself?

All that extra interest creates more capital in your policy. The more capital you create, the more opportunities you will have to invest.

Rule #4 Don’t do business with banks.

There are likely more banks than coffee shops on the main street of the town you live in and the tallest buildings are usually bank buildings. Doesn't that seem a bit odd to you? This is because the banking business is the most profitable business in the world. Businesses come and go, but the business of banking is eternal.

Only when you control your banking function will you be able to protect and grow your wealth safely and predictably through recessions and even depressions. If you do nothing, you will continue chase risk, jeopardize your financial future, and give the banks the interest on your money you would have otherwise earned for yourself and family.


My advice is simple. You can choose one of two options.

Think like a banker. Protect your assets. Pay yourself back and with interest. Become your own banker!

Or you can continue to be a pawn of your bank, finance company, and Wall Street.

The intangible value of Becoming Your Own Banker is incomprehensible. A whole life policy is a private contract with other free people and it precludes the necessity of contracting with the bank. It is your safe and predictable ticket to growing and preserving wealth now and for your next generation.

Contact me to learn more:  www.IBC.guru

I can customize a policy to fit your unique situation and advise you on how to implement Infinite Banking into your life. 99% of advisors in the financial community including CPA's and Certified Financial Planners do not have the required training and expertise to explain the benefits of the Infinite Banking Concept. You want to work with an expert in this field. As an authorized advisor with the Nelson Nash Institute, I encourage you to interview me and ask questions to determine how you, your family, and even your business can benefit from this strategy.

Thank you,

John A. Montoya

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