Infinite Banking Propaganda

Winston Churchill belabored the fact that “A lie gets halfway around the world before the truth has a chance to get its pants on.” This is what has happened with Infinite Banking. The hoopla, misinformation and outright lies told about Infinite Banking have assailed the legitimacy and facts about Infinite Banking, leaving confusion and frustrations in their wake.

One of the biggest falsehoods communicated about Infinite Banking is that it is a product. Specifically, a cash value life insurance policy. This lie, when used by life insurance agents, has allowed unscrupulous agents to make more and larger sales of cash value life insurance. This causes frustration for people who don’t understand the facts and legitimacy of Infinite Banking .

On the other hand, there are financial gurus who aggressively suppress the truth about Infinite Banking which causes confusion for those who are less educated about the subject.

Regardless of the angle used, propaganda has and continues to be spread, and this has distracted people from discovering the truth and validity about Infinite Banking.

Let’s discuss one specific area which would dramatically improve millions of people’s lives if only they understood the process of Infinite Banking.

· According to West Health and Gallup, millions of 18–49-year-olds borrowed money in 2024 to pay for medical expenses. Even so, according to the Consumer Financial Protection Board (CFPB), 100 million Americans still hold medical debt, which has led medical debt to become a primary reason for filing for bankruptcy in the US.

While some life insurance agents overstate the value of owning cash value life insurance, others are propagating fear about Infinite Banking. Both self-absorbed opinions prevent ordinary Americans from pursuing the process of Infinite Banking.

Here is the simple truth about Infinite Banking. It is a process. When the process is followed Infinite Banking helps recover the cost of things purchased. That is it! Infinite Banking in a nutshell. No magic potion or vilification added.

Here is the process.

1. Understanding the Problem:

a. Purchasing something by financing with cash forfeits the compounding growth which could have been earned on the money spent. Over ten years, if the compounding annual growth was 3%, then 34% of what could have been earned is lost forever. Over twenty years 80% will be lost, and until the price paid for what was financed with cash is recovered, this loss becomes greater and more significant as time passes.

b. Purchasing something by financing with a bank or third-party lender, forfeits the interest paid to the bank or lender. But this loss is not indefinite like when financing with cash. This is because when the loan is satisfied, there is no further loss associated with the loan. So over ten years, if the annual interest rate on borrowed money is 5%, just 29.5% is lost to the cost of finance instead of 34% as when financing with cash in the above example.

2. Understanding the Solution:

a. When there is an account which continues to earn compounding annual growth on savings and then those savings are leveraged to borrowed money from a bank or third-party lender to finance a purchase or investment, then the compounding growth rate of the savings can overcome the cost of interest paid to the bank or third-party lender for the loan provided. This is the solution to stop losing money when financing anything purchased.

3. The Best “Savings” Plan to Use with Infinite Banking

a. Here is where unscrupulous life insurance agents can fool people into thinking Infinite Banking is certain type of life insurance instead of the solution outlined above. This is because the process of Infinite Banking is most profitable when it leverages a Participating Whole Life Insurance with a fully funded additional insurance rider, which pays dividends.

b. At the same time this is where certain financial gurus tend to mislead the public by confusing the returns earned in the life insurance policy with the returns which can be earned on an investment.

c. By using this type of life insurance, it allows the policyholder to continue to earn an annual compounding growth rate on their policy cash values (ie, savings), pay the interest necessary to use the insurance company’s money for financing needs (like in #2a above), while sharing in the profits the insurance company generates via the dividend option.

d. It is good to know that not infrequently, the interest paid to the insurance company for the use of their money is less than the growth the policyholder benefits from by following this process similar to #1b above.

It is common to see Infinite Banking recover the entire cost of something financed by leveraging cash value in participating whole life insurance instead of using their own cash or financing with a bank, credit card or some other third-party lender.

Think of how this could salvage the tremendous losses which Americans are facing with their medical bills. If Infinite Banking process was followed, not only would these bankruptcies not occur, the money spent to pay these medical bills would be restored to the ones paying the bills. This would make their financial affluence rise instead of having to consider bankruptcy.

It all begins with the way we think. If we allow others to taint the truth about Infinite Banking, then it becomes our problem not theirs. Don’t let others limit your thinking.

Obviously, medical bills are not the only thing which can be financed with Infinite Banking, which makes Infinite Banking a great solution to keep more of the money you make.