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Updated about 2 years ago on . Most recent reply
Infinite banking, have you used it?
Just learned about infinite banking at my last meet up. I was by no means an expert when I left, but I did have a grasp. Read the book by nelson Nash "becoming your own banker" and enjoyed it. Has anyone out there borrowed against their life insurance to fund a deal? This is whole concept fascinates me, I wish I had learned ten years ago.
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#5 Personal Finance Contributor
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- Boynton Beach, FL
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#5 Personal Finance Contributor
- Financial Advisor
- Boynton Beach, FL
Quote from @Colin Higgins:
Just learned about infinite banking at my last meet up. I was by no means an expert when I left, but I did have a grasp. Read the book by nelson Nash "becoming your own banker" and enjoyed it. Has anyone out there borrowed against their life insurance to fund a deal? This is whole concept fascinates me, I wish I had learned ten years ago.
There are a lot of people here on BP using this approach. I use it myself and it absolutely works.