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Thursday, March 22, 2012

Infinite Banking Can Do Wonders

Since learning about infinite banking, my cousin has avoided the pitfalls of overspending. Once up to his neck in credit card debt, he has used his idle term life insurance into a money well. Free from taxes, he is now able to maximize his money thereby increasing his spending power. Interest is virtually nonexistent. No more high rates and irritating collection agents. He's been very prudent and wise. He has thrown away his credit cards and is now enjoying a stress-free life. I also have several insurance policies on hand. I may follow his footsteps and be my own bank. Who knows, I might be able to buy that new car I've been dreaming of.

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