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Becoming Your Own Banker: Unlock the Infinite Banking Concept Paperback – January 1, 2009

Item #:20757659
4.6 rating
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PKR 9095PKR 10632 You Save : 14%

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Product Details

    PublisherInfinite Banking Concepts; 5th edition (January 1, 2009)
    LanguageEnglish
    Paperback92 pages
    ISBN-100972631615
    ISBN-13978-0972631617
    Item Weight10.4 ounces (294.84 grams)
    Print length92 pages
    Publication dateJanuary 1, 2009
    Date First Available2021-3-5 20:13:5
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    R. Nelson Nash Personal Finance Editorial Review

    Becoming Your Own Banker: Unlock the Infinite Banking Concept "Becoming Your Own Banker: Unlock the Infinite Banking Concept" is a book that outlines the basic knowledge needed to understand and implement the Infinite Banking Concept using a Whole Life Insurance policy. The author, R. Nathan Nash, provides valuable insights into how one can become a self-directed banker and build generational wealth. Review reception of this book has been largely positive. Readers appreciate the way the author breaks down the Infinite Banking Concept and makes it accessible to the average person. Many readers express their gratitude for the information shared in the book, as it has given them the ability to make money and utilize life insurance in a strategic manner. One of the major strengths of the book is its emphasis on the Whole Life Insurance policy as the preferred vehicle for Infinite Banking. Readers appreciate this focus and believe that it sets the book apart from others in the market. The book also covers the potential use of other policies like IUL and VUL but emphasizes the benefits of the Whole Life policy. However, there is some criticism regarding the affordability and accessibility of the strategies outlined in the book. Some readers feel that the concept can only be implemented if one already has a significant amount of money to begin with. Some readers question the idea of using the Infinite Banking Concept as a way to get out of debt, as it requires an initial investment and a waiting period before one can start building wealth. Overall, "Becoming Your Own Banker: Unlock the Infinite Banking Concept" is recommended for those who are serious about building wealth and have the means to implement the strategies outlined in the book. Readers find value in the book's insights and appreciate the practical knowledge it provides.

    Pros

    • Provides detailed information on the Infinite Banking Concept
    • Emphasizes the benefits of using a Whole Life Insurance policy for Infinite Banking
    • Makes complex concepts accessible to the average person

    Cons

    • Requires a significant initial investment
    • May not be suitable for those with limited financial resources
    • Not as effective for individuals looking to get out of debt quickly

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    Becoming Your Own Banker: Unlock the Infinite Banking Concept Paperback – January 1, 2009

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