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Infinite Banking Concept
The infinite banking concept can really help a lot of struggling families out there to
both consolidate their debt and start accumulating savings for both their retirement and also
for their families after they pass.
Mike Dillard and the rest of the masterminds behind his Elevation Group understand the
infinite banking concept and they'd like to share it with you. Lets first take a look
at the infinite banking concept and how it will benefit both you and your family.
You really shouldn't have to sacrifice the money for your retirement to pay down current
debt. With infinite banking, you'll want to open up a whole life insurance policy pretty
early on in your years and make sure that its one that allows its policy holders to
take out loans from their individual policies. This comes at a much lower interest rate than
banks and its much simpler to manage. This is your bank and this is infinite banking.
Infinite Banking and other individualized banking systems rely on participating whole
life insurance policies, which build up equity and pay dividends. Policy holders pay premiums,
which vary based on the amount of the death benefit chosen, along with other factors,
such as the age and health of the policy holder, into a whole life insurance policy for a period
of five to seven years and let the policy increase in value. This is known as the capitalization
The benefits to knowing the infinite banking concept and implementing it are astounding,
here's what infinitebanking.org had to share: Creating your own banking system using dividend-paying,
permanent life insurance. Using available savings and cash flow to build
your own 'bank.' Capitalizing and establishing your plan.
Using the method to finance your automobile purchases and even to finance your home.
Expanding your system to accommodate all income through a system of banks to increase your
personal wealth. How a business can use the concept for equipment
So learning the infinite banking concept will help to free you from the shackles of debt
and accruing interest and help you to build a solid foundation of wealth for both you
and your family.
Why You Need the Elevation Group?
Now you're probably saying to yourself, great, I understand the infinite banking concept,
so why do I need the Elevation Group? Well you may understand the basic concept of infinite
banking, but pulling out the right life insurance policy, knowing how much to put in and just
how much to take out can be tricky.
Inside of the Elevation Group, you'll have access to top financial advisors that are
a part of Mike Dillard's cabinet and they will walk you through the steps of the infinite
banking concept from start to finish so that you can be confident in your knowledge of
the subject and begin making money.
If you have any questions about the infinite banking concept, visit www.tycoontrainer.com