What Are Paid Up Additions (PUA) in Whole Life Insurance?: A Complete Guide
If you would like to increase the value and practicality of your life insurance plan, adding a paid up additions rider also known as PUA could be a great strategy for you. This insurance add-on is a smart move for anyone seeking financial freedom. But how do you know if a paid up additions (or PUA) rider is right for your needs? Read on to learn everything you need to know about paid up...Read More
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7 Common Cash Poor Mistakes and How to Avoid Them
Do you feel cash poor? The average American between 35 and 54 years old, has around $130,000 of debt. If you’re in this category, it doesn’t mean you’re poor and have no money. Very likely you have an excellent job with a healthy income; maybe you’re a dentist or other high earning professional. However, much of that income could be tied up with existing financial...Read More
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Great life insurance strategies to help keep you financially stable
Life insurance is one of those topics many of us like to avoid. No one likes to think about their own death, and the idea of having a policy that will provide for your family after you’re gone is just depressing. But what if we told you your life insurance policy can actually help give you the life you want, rather than the death you don’t?Your life insurance policy can be an amazing tool...Read More
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Cash Flow Insurance With Infinite Banking: What You Should Know
Cash flow is one of the most important components of financial health. Inadequate cash flow is the reason 82% of small businesses fail, and it is also one of the causes of personal debt. If you want to grow your financial stability, you need to focus on putting measures in place to ensure reliable cash flow for yourself and your family. One way to do this is through cash flow insurance...Read More
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The First Step to Becoming Your Own Banker
A recent study shows that only 11% of Americans strongly feel that they are financially secure. Are you part of this 11%? If not, you may be interested in learning more about becoming your own banker.Research has revealed that financial security is the leading source of happiness—and stress. Financial instability can affect your family, your future, your health, your children’s...Read More
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What is Private Family Banking?
A shocking number of Americans live paycheck to paycheck. Surveys show that 74% of all employees live month-to-month, and more than 25% of families earning a six-figure income do the same. Why are so many people so hard up and in poor financial shape? In many cases, the answer to this could lie in the mismanagement of money and escalating debt cycles. The more you earn, the more credit you are...Read More
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What are the different types of whole life insurance policies?
Life insurance is a contract between two parties, the policyholder and the insurer. The policyholder pays a premium to the insurer, and then the insurer offers a benefit when the policyholder dies. The benefit is a sum of money intended to ensure financial security to dependents of the policyholder after their death. In this article, we will look at specific types of life insurance called...Read More
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Infinite Banking Glossary of Terms
If you are curious about the infinite banking method, then one of the first things you need to do is familiarize yourself with its terms, as well as how it works. Want to know more? Read on as we break down the Infinite Banking Concept (IBC) terms and their definitions in this handy glossary.Let’s start with the IBC basics: According to estimates by Forbes.com, roughly...Read More
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The Father of Infinite Banking: Who is Nelson Nash?
The United States economy looks great at a macro level. Gross domestic product is increasing and unemployment is near record lows. Once you peel back the onion, a different story emerges. The truth is that 60% of Americans do not have $1000 available in the event of an emergency. The good news is that middle-class Americans do not need to live like this. Financing pioneer Nelson Nash developed...Read More
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Jim Harbaugh’s Contract with Michigan Includes a Life Insurance Loan
Steve Pepple / Shutterstock.com The University of Michigan and its football coach, Jim Harbaugh, recently agreed to an updated contract that will increase payments from the school, as well as loan Harbaugh $4 million in 2016 and $2 million for the following five years to pay life insurance premiums. According to information from a Freedom of Information Act request, the first $2 million loan...Read More
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