Cash: $ 130.10
Joined: 27 Feb 2018
Below i will explain what is Infinite banking and how it is working and also i mentioned advantages and disadvantages.
Infinite banking refers to a process by which an individual becomes his or her own banker. The infinite banking concept was created by Nelson Nash.They are commercial banks, credit unions, and certain investment funds that offer retail banking services. All three work toward providing similar banking services.
Infinite Banking advantages:
Non correlated asset,Improves cash flow and liquidity,Leverage,Personal family financing,Equity storehouse,Tax deferred growth,Tax free loans,Guarantees,Private,Creditor Protection
Infinite Banking disadvantages: Cost prohibitive,Requires discipline,Must qualify,Not Diversified.
Now you have gain some knowledge on Infinite banking, so you have to decide Infinite banking benefit to you or not..
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