All Categories
Featured
It feels like the name of this principle changes as soon as a month. You might have heard it referred to as a perpetual riches method, family banking, or circle of wealth. No matter what name it's called, limitless financial is pitched as a secret means to build wealth that just abundant people understand around.
You, the insurance policy holder, put money into an entire life insurance coverage plan with paying premiums and purchasing paid-up additions.
The whole concept of "banking on yourself" only functions since you can "bank" on yourself by taking loans from the policy (the arrow in the graph above going from whole life insurance back to the insurance policy holder). There are two different types of lendings the insurer may supply, either straight acknowledgment or non-direct recognition.
Latest Posts
Tomorrow's Millionaire - Become Your Own Boss
Infinite Banking Toolkit
Become My Own Bank