Debt Free with Infinite Banking
Become Your Own Banker With The Infinite Banking Concept
Getting out of debt should be the number one financial goal in your life. Why? You simply can’t live the life God meant you to live with debt ruling your life. Do you know the average person will pay 34% or more of their lifetime income to interest on debt? Think about that…hundreds and hundreds of thousands of dollars you lose to interest on debt – and all the interest you could have earned on that lost money! It’s incredible!
How many people pay off a car before trading it in? Most don’t. Three or four years after buying a car, they get a new car. So most people are buying cars every 3 to 5 years and financing them. Even if a person pays off the car in five years, it won’t be long before they buy another one and finance it again. You spend your entire life paying interest on car notes. That’s just one example.
How many people actually pay off a house? A better question is…how many people refinance within 5 to 10 years? It takes that long before you really start paying much on the principal. So can you imagine how much interest most people pay on mortgages through out their lifetimes. Let’s not even get into credit cards, furniture loans, boats, etc. that carry much higher interest rates. You get the picture, don’t you? I hope so.
Can you see how much potential wealth you’re giving up? It’s huge! There are many gurus out there who talk about getting out of debt. Most say, live a spartan lifestyle, keep only $1,000 in savings, live on rice and beans, drive a junker for a car, and get just crazy about paying off your debt.
OK…I appreciate the emphasis on getting out of debt. So you’ve suffered and sacrificed all those years to get out of debt. You’ve succeeded, and it truly is a wonderful accomplishment. Now what? You have no money in savings and your cars are falling apart. Your house probably needs some repairs as well. Now you have to start saving like crazy to buy a new car. Hopefully you don’t have any financial emergencies before you save up enough money to begin living again.
I don’t mean to sound discouraging, but this is why people don’t get out of debt. They don’t always see the light at the end of the tunnel, and life tends to derail their efforts because they have no excess money. And it’s tough to spend years getting out of debt while your retirement savings suffers. This is why so many people retire with small retirement accounts. They’ve spent their lives pouring their wealth into interest on loans.
There’s a Better Way
What if there was a way to get out of debt and save for retirement at the same time? What if you were building a raining day fund of tens of thousands of dollars while getting out of debt? Are you serious Victor?!? Yes I am!
You can use a financial GPS program to get out of debt, and it will work great! Just think…pay off all your debt, ALL OF IT (cars, boats, student loans, credit cards, furniture, whatever) including your mortgage, in less than 10 years practically on auto pilot! AND you do this without changing your current budget or lifestyle. Anyone can start doing this today! By the way, whenever you need to finance something again, your financial GPS will instantly calculate your path to paying off that debt as quickly and efficiently as possible so you minimize the interest you pay. Very cool stuff.
But, if you want to, you can also build your own family bank using the Infinite Banking Concept at the same time. Why would you want to do that? Because after you’ve paid off all your debt, you could literally have tens of thousands of dollars in your family bank when you’re done. You could literally pay off all your debt, including your home, in ten years or less, and have 50 to 100 thousand dollars in your bank. Borrowing money from your bank and paying it back with interest actually builds your wealth. Your bank can finance anything including college for your children, cars, boats, vacations, investment properties, and even your business. And build wealth for the future at the same time!
Again, you don’t have to use Infinite Banking with your financial GPS program. It will work great without it. But building tax free wealth while getting out of debt is like financial magic for your future.
Don’t Just Take My Word For It
Take a few minutes to listen to, arguably, the most famous CPA and tax advisor in America…Ed Slott. What he has to tell you will amaze you regarding cash value life insurance. It’s much different than what you’ll hear from those so called gurus on radio and TV. Learn more about Ed Slott HERE.
Enjoy the video.
Ok Victor. I think I’m beginning to see the picture. I need to get out of debt as quickly and efficiently as possible so I can build wealth for my future. What now?
Your next step is to contact me to see how all this will work for you and your family. Folks, ignoring this information could, without a doubt, cost you tens of thousands, and even hundreds of thousands of dollars over the next 20 years.
Click on the Take Action button to learn more about the financial GPS program.