Archive for the Infinite Banking Category


Infinite Banking Lies About Whole Life and Universal Life Insurance

For years, infinite banking has highlighted a certain benefit behind cash value life insurance that has existed–more or less–since its inception. The specific benefit has been more closely associated with whole life insurance, and those directly connected with “The Infinite Banking Concept®” have towed a hard line promoting whole life insurance over universal life insurance. […]

Read More...

Allan vs. Pam: Bank on Yourself

Spring is here, time to enjoy warmer days (if you’re with me in the Northeast), blooming flours, and a fight between a so called financial educator who hustles a selling system to insurance agents known as Bank on Yourself and a fee based financial planner who is pretending to be a consumer/journalist.  Here’s the story. […]

Read More...

Buy Term and Invest the Difference?

You didn’t think we’d pass on a chance to tackle this mammoth of the financial planning world did you?  A hotly debated notion for years and years pioneered by a guy who started a company to hawk term insurance under a simplistic mantra that appealed to the common folk that was later picked up by […]

Read More...

What About My Good Credit?

http://youtu.be/weKN9-9TQcU

Every once in a little while this question comes up and recently I had someone ask me about this and decided it was a good topic to address.  We know that when a policy loan is taken, there is interest charged on that loan that is collected by the insurance company.  Now, since whole life […]

Read More...

Here’s the Best Part, You Can Spend It!

Here’s something we should address right off the bat that I think a lot of people in the BOY et. al. crowd tend to forget to mention: YOU CAN SPEND YOUR MONEY!  So, if today I’m serving you dinner in the form of financial security, we’re going to start first with dessert.  And if it weren’t for […]

Read More...

Why?

http://www.youtube.com/watch?v=AnHqzU_sXrY&feature=related”

So the biggest question I get all the time is why?  Why do I need to change the savings/retirement plan that I have currently (and for many the answer is, because doing something…anything is an improvement over what you are doing, now)?  Why should I look at life insurance as a savings vehicle?  How does […]

Read More...