Nelson Nash Infinite Banking

How To Be Your Own Banker

Infinite Banking Example

It seems like the name of this principle changes as soon as a month. You might have heard it described as a perpetual riches technique, household financial, or circle of riches. Whatever name it's called, infinite banking is pitched as a secret way to construct wealth that only abundant people learn about.

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You, the policyholder, placed cash into an entire life insurance policy via paying premiums and purchasing paid-up enhancements.

Infinite Banking Scam

Infinite Banking Illustration

The whole principle of "financial on yourself" just works since you can "bank" on yourself by taking financings from the policy (the arrowhead in the chart over going from entire life insurance policy back to the insurance holder). There are two different kinds of lendings the insurance provider may provide, either straight acknowledgment or non-direct recognition.