Bank on Yourself: How Infinite <a href="">banking</a> Can Revolutionize Your Financial <a href="">life</a>

Bank on Yourself: How Infinite banking Can Revolutionize Your Financial life


Are you tired of relying on traditional banks for your financial needs? Do you want to take control of your money and achieve financial freedom? If so, you may want to consider the concept of “Bank on Yourself” or infinite banking. In this article, we will explore what infinite banking is and how it can revolutionize your financial life.

What is Infinite banking?

Infinite banking is a concept that was popularized by R. Nelson Nash, an American author and financial consultant. It is a strategy that enables individuals to become their own bankers by using specially designed whole life insurance policies.

With infinite banking, you can use the cash value of your life insurance policy as a source of financing for various purposes. Instead of relying on traditional banks for loans, you borrow against the cash value of your policy and pay yourself back with interest.

How Does Infinite banking Work?

The first step in infinite banking is to purchase a whole life insurance policy from a reputable insurance company. It’s crucial to work with an experienced agent who understands the infinite banking concept and can help you design a policy that suits your financial goals.

As you make premium payments towards your policy, a portion of the money goes towards the death benefit, while the rest accumulates as cash value. Over time, the cash value grows tax-deferred and can be accessed through policy loans or withdrawals.

When you need funds, instead of going to a traditional bank, you can borrow against the cash value of your policy. The loan is collateralized by the policy’s cash value and is typically issued at a low-interest rate. You can use the loan proceeds for any purpose, such as starting a business, purchasing a home, or funding your children’s education.

One of the key advantages of infinite banking is that the interest you pay on the policy loan goes back into your policy, allowing your cash value to continue growing. This creates a cycle of building wealth and financial independence.

The Benefits of Infinite banking

Infinite banking offers several benefits that can revolutionize your financial life:

1. Control Over Your money

With infinite banking, you become your own banker. You have full control over your policy and the ability to access funds when you need them. You are no longer at the mercy of traditional banks and their lending criteria.

2. Tax Advantages

The cash value growth in your policy is tax-deferred. Additionally, policy loans are generally tax-free, as long as the policy remains in force. This can provide significant tax advantages compared to other investment vehicles.

3. Legacy Planning

Whole life insurance policies offer a death benefit that can provide financial security to your loved ones. Infinite banking allows you to leave a legacy while also enjoying the benefits of the policy’s cash value during your lifetime.

4. Asset Protection

Depending on the laws of your jurisdiction, the cash value of a life insurance policy may be protected from creditors. This can be an important feature for individuals looking to safeguard their assets.


Q: Is infinite banking only for wealthy individuals?

A: No, infinite banking is not limited to wealthy individuals. It can be a powerful financial strategy for anyone who wants to take control of their money and build wealth over time.

Q: Is infinite banking the same as traditional banking?

A: No, infinite banking is a concept that allows individuals to become their own bankers using specially designed whole life insurance policies. It offers greater control and flexibility compared to traditional banking.

Q: Can I still borrow from traditional banks if I practice infinite banking?

A: Yes, you can still borrow from traditional banks if needed. Infinite banking provides an additional financing option, but it doesn’t restrict you from using other sources of capital.

Q: What happens if I can’t pay back a policy loan?

A: If you can’t pay back a policy loan, the outstanding balance will typically be deducted from the death benefit payable to your beneficiaries. It’s important to manage your policy loans responsibly to avoid negatively impacting your loved ones.

Q: Is infinite banking suitable for everyone?

A: While infinite banking can be a powerful financial strategy, it may not be suitable for everyone. It’s important to consult with a financial professional who specializes in infinite banking to determine if it aligns with your goals and financial situation.


Infinite banking offers a revolutionary approach to personal finance. By becoming your own banker, you gain control over your money, enjoy tax advantages, and build wealth over time. If you’re tired of traditional banking and want to take charge of your financial life, explore the concept of infinite banking and see how it can transform your financial future.

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