SOLUTIONS for FINANCIAL WELLBEING -
Turn a depreciating asset into an appreciating asset.
Turn a depreciating asset into an appreciating asset.
A simple and common car purchase example:
Car cost $25,000 – term 4 years – interest 7.87%
1) Finance car through bank or other lending institution;
After 4 years you have paid the bank $25,000 + $4,222 = $29,222.00 principal and interest.
Suppose depreciated value of car is now $9,000, subtract that from total cost and that means this transaction cost you $20,222.
2) Finance car through your own banking system.
Borrow the money from your policy tax-free. As owner of your policy you have first rights, so simply make the same payments you would have paid the bank, only you pay back your own bank/policy.
After 4 years you have added the $25,000 principal back into our policy plus the additional $4,222 interest as well for a total of $29,222.00. The $9,000 depreciated value of the car added to the $29,222 means we now have a total asset value of $38,222.
However, this is just the beginning. Without giving away the ingredients to our secret sauce of how our banking system works there are guaranteed growth and dividends that could potentially put the total asset value at $78,738; over triple the purchase price of the depreciating asset. After subtracting the premiums and interest paid over the four years the actual asset gain from this transaction is $51,729.00
What would this look like with an appreciating asset? How many times do you go to a bank or a credit card to borrow money?
Replace the car with equipment purchases, capital improvements, real estate. It is your bank. You can decide when you want to borrow and what you want to buy. It is your personal banking system.
Simply by using the policy, a supplemental retirement income is being created through one’s lifetime. This is just the tip of the iceberg. Now you can see why I am so happy, or should I say ecstatic.
I am licensed to give people a free-of-charge illustration of what using this policy will look like for you, using your numbers. If you want to start using your own bank, give me a hollar.
As I said, that is just one example. There are many other benefits as well.
By the way – below is a graph showing the benefits of buying 10 cars over a 40 year period using your own banking system instead of someone else’s.


October 9, 2009 - 1:44 pm
Thank you very much for that great article