Infinite Banking was developed in a flash of revelation by Nelson Nash in the early 1980s and it resulted in the 92-page best-selling book “Becoming Your Own Banker – Unlock the Infinite Banking Concept” published in 2000.
Nash realized that the proper use of dividend-paying whole life insurance from a mutual company could eventually allow anyone to “become his own banker”. This means that anyone could accumulate the resources to invest in passive income generating assets and also obtain their lifetime financing needs for cars, vacation, businesses, professional practices, retirement income, children’s or grandchildren’s college education, and home purchases from policy loans and dividend payments, rather than from traditional banks or other financial institutions, and in the process, increase his wealth by a substantial amount over a lifetime.
Infinite Banking is an uncommon no-nonsense approach to sound cash management.
For more information, visit Infinite Banking Simplified.