So I talked about this entire financial tool and idea a few weeks back over at my Empower Network blog, and I was mentioning how Paradigm Life, the company featured in the Elevation Group, can set up an Infinite Banking program for you.
Again at first, I didn’t think much of this concept, but I finally decided to take a look.
Holy cow am I getting blown away.
If you want a place to start your research, I highly recommend the “Infinite Banking 101” area at the Paradigm Life website. You will have to create an account, and then you can go through the course there. It is free, and it is very well done.
So what have I done?
I have gone through their course twice now. You don’t necessarily need to do that, but I have because I like to grasp as much from educational pieces as I can.
Then I purchased the book by Pamela Yellen, Bank On Yourself, and I am almost done with it. It is a very good book, and the book basically funnels you into her own company that also sets up Infinite Banking plans for people.
So what in the hell is the Infinite Banking concept?
Imagine if you literally were your own bank. Instead of taking a loan out from the auto dealer that you purchased your car from, you used money from your Infinite Bank, and you then paid yourself back.
Or, imagine wanting to make an upgrade to the kitchen, or put an addition on the house.
No need to take out a loan from your 401K or a cash loan from the bank.
Instead, just take it out from the “Bank of You” (as it’s also known).
I’m not going to go into the details on this post, but I will in a future one. I just want to peak your ears that this financial tool/vehicle exists, it’s completely legal, and it’s how the super rich (such as the Rockefellers) have passed on their wealth from generation to generation.
My suggestion, start with the 101 course at Paradigm Life.
I think that you will be impressed.
Until next time…
Dr. Timothy Lawler
P.S. This system is a phenomenal way to earn extra cash in order to fund your own “Bank Of You.”