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Tuesday, February 14, 2012

Infinite Banking makes you rich

It was from a friend that I learned about infinite banking.  She needed money for the repair of their house and didn't know where to get it.  She was considering applying for a bank loan when she remembered what her insurance agent told her about banking on yourself.  She called the agent to explain to her further.  Infinite banking is borrowing your own money from the principal amount of your whole life insurance policy.  BY doing so, you are making the base amount grow through interests.  I really like the concept of infinite banking because you are making yourself richer.

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