Begin To Recover The Money You Spend on, Taxes, Interest, Living, Cars, Payroll, And Much More!

Written By: Tomas McFie on August 20, 2009 No Comment

by Tomas McFie

Read This Book.

“What I am about to tell you cost me thousands of dollars. Now, because you are open minded you are about to learn the way money really works and what it takes to create real riches and lasting wealth!

Many people do not know that they consistently lose about one third of every dollar they bring in, and this, after taxes. The reason for this is because everything you purchase you finance, that is correct! You will either pay interest to someone else for the use of their money thus lose money, or you will lose the interest on the money which you expended. Both ways result in a loss. This is the Banking equation! This fact as simple as it seems is what the wealthy know and have used for years to create their lasting wealth, yet it is this fact which has also kept you from creating lasting wealth for yourself.

Now fact number two: Wealthy people own high premium participating whole life insurance. Policies underwritten by a mutual company, which offer, non-direct recognition cash value loans. This is because owning participating whole life insurance is like having your cake and eating it too, when it comes to the banking equation. Some call this over funding, but if you knew you would get everything back that you put in— with interest and without paying further taxes— would that be a problem for you? Well, for the wealthy, it is not! That is because they use the cash values in those whole life policies to finance the things they need in life. And they make money just like the banks and financing companies are making on your money right now!

The Infinite Banking Concept, the book written about “Becoming Your Own Banker” (BYOB) by R. Nelson Nash, demonstrates how you can literally use your own money to finance everything that you need in life and get all the interest and principle back into your own pocket! Go ahead, ask any CPA or tax attorney and they will confirm this basic fact: “The return of your money is more important than the rate of return on your money.” That is what the Infinite Banking Concept (aka IBC) is all about. Put that in a tax free inflation offsetting product and if you listen to the right coach, you are on your way to true riches and lasting wealth.

Finally:

Where do you find most banks in obscure, cheap, and inexpensive places?

Would you have more of your money right now if you had been using it like the banks?

Start recovering one third of what you spend monthly, then you can take that vacation that you have earned and your family deserves!

About the Author:

Tom McFie with Life Benefits, Inc. is widley recognized as a financial coach that helps people recover the money they spend. Tomas does this by teaching people how to utilize the infinite banking concept as described in the book Becoming Your Own Banker