Use Infinite Banking to Recycle Money Like the Banks
Channel: Mike Hero Heronemus
Date: 24/01/2020

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Recycle money just like banks do!  You can start where you are today and don't have to be wealthy.  Many start "banking" as a means of paying off debt while creating wealth. 

SEE PART ONE OF THREE OF THIS EPISODE  https://youtu.be/9cqxggLWeaI

SEE PART TWO OF THREE OF THIS EPISODE https://youtu.be/VN35ElZnfWs

Banks store money in a VERY specially structured high cash value, low commissioned, whole life insurance policies as a way to grow funds tax free at a guaranteed rate of return at 4% plus dividends.  Once the initial funds are in the policy they are never removed.  When you use your monthly cash flow to pay bills, make investments etc you don't use your cash value you use OPM - Other people's money.  In this case you use the insurance companies money in the form of a loan and pay yourself back.  Once you pay yourself back you continually use those funds over and over again while earning interest just like banks.  Banks loan out the same money over and over again and use money that is deposited at the bank as well as funds from the federal reserve.  In each case they are making more money than what they are paying in interest to earn a profit. 

 

How to Pay Off Credit Card Debt FASTER that Dave Ramsey! Yeah, That Fast! - Infinite Banking Concept

➡️  https://youtu.be/TWx_G0EHcfs

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HERE IS MORE ABOUT ME AND 
REAL ESTATE & 401K TRAPS TO AVOID!

➡️  https://youtu.be/EYBBm_7f4l0

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10 Ways to Use Infinite Family Banking 
➡️  https://youtu.be/h6rNKRylhy4

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DISCLAIMER*Infinite Family Banking makes online content for informational purposes only.  You will not know the extent of how this system could work for you unless you receive a free consultation and have a written game plan using financial information that you provide. All of the figures are based on the accuracy of the data you provide.  You should always consult with tax, and legal professionals prior to taking any action or your unique situation even though our best intentions are to provide accurate and timely information. Infinite Family Banking principles are influenced and based on education from Nelson Nash who wrote Becoming your own banker where you can be your own bank and founded the Infinite Banking Concept a registered trademark of Infinite Banking Concepts LLC.  Infinite Family Banking is not affiliated with, sponsored or endorsed by Infinite Banking Concepts, LLC, and received no compensation from Your Family Bank concepts, Your Family Bank, Financial Education Centers LLC, Larry McLean ‘s Big Picture system or yourfamilybank.org . 

Michael Allen Heronemus aka & dba Mike Hero Heronemus and Infinite Family Banking is the Founder of the United States Patent pending Trademark / Service mark “Infinite Family Banking TM” and sole owner of www.infinitefamilybanking.com , a licensed life insurance producer in multiple states and general agency owner providing free education with ZERO additional fees for education or consultation services.  All compensation to said party is paid directly by the insurance carriers if and only if a client chooses to purchase and life insurance products.