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Sunday, January 29, 2012

Why Infinite Banking is Better

Short on cash?  Instead of borrowing money from loan companies, why not borrow your own money from your whole life policy?  Yes you can and that's what you call infinite banking.  Instead of letting someone else get richer, you make yourself richer.  With this, you are making use of your cash values which are released to you as a loan.  And like any other loans, you also pay for the interest. Your life insurance earns more and by the time you retire, the money you will get is definitely bigger. I like the idea of infinite banking because you get to use the money you invested while it earns from interests too.

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