What is Infinite Banking?
What is infinite banking? This is a frequently asked question that we get about the Infinite Banking Concept® (IBC).
In this post we’ll go over what infinite banking is, and share insights on how a family or business can use IBC to finance purchases and create cash-flow.
“The whole idea is to recapture the interest that one is paying to banks and finance companies for the major items that we need during a lifetime, such as automobiles, major appliances, education, homes, investment opportunities, business equipment, etc.”
~R. Nelson Nash – author of Becoming Your Own Banker and creator of IBC
Becoming Your Own Banker – Unlock the Infinite Banking Concept reveals the truth behind the most important business in the world – banking. It provides foundational financial wisdom that will help you understand personal finance like never before.
Infinite Banking (IBC) is…
IBC is a way to finance your major purchases through your own “bank”. Without depending on traditional banks and financial institutions. Eliminating the need for credit reporting.
A way to take control of your finances… Create generational wealth, and leave a Legacy.
A predictable way to grow your family’s wealth. Without the risk and worry of traditional investing.
A way to protect your family and business from wealth transfers like taxes, interest, fees and hedging against inflation.
“The Infinite Banking Concept is not a bank; it is a thought process that represents a major paradigm shift.”
~Nelson Nash
IBC is an exercise in:
- Imagination
- Reason
- Logic
- Prophecy
IBC is not:
- Get Rich Quick
- Pie in the Sky
- For Everyone
Practicing The Infinite Banking Concept ™
IBC takes time, discipline and commitment. If used properly it can help recover the vast amounts of wealth one would normally transfer away in interest and fees to banks and financial institutions.
If you’d like to learn more, and see if IBC is right for you, schedule a quick introductory call.
Barry Page is an Authorized Infinite Banking Practitioner.
Your banking advocate,
Barry Page
IBC Practitioner and Coach
Barry Page is a Registered Financial Consultant, Managing General Agent and Founder of Legacy Insurance Agency, PLLC. He helps clients with tax-advantaged investment alternatives, and specializes in showing families how to protect their assets, income and lives using a unique financial approach to planning.
Subscribe to our YouTube channel:
https://www.youtube.com/user/legacymoney
Find us on Facebook:
https://www.facebook.com/legacyinsuranceagency