TAkING cONTROl OF YOUR FINANcIAl dESTINYthat volume of interest you would have paid the bank in this ex-
ample? Plus, by recovering a portion of these lost dollars back
to an entity that you own and control, you can now also recover
a portion of what used to be your “lost opportunity costs” –
since you have the money in an entity that you own and control
instead of an outside lender.Once you learn how to become your own banker for your fi-
nancing needs, you can then learn how you could also increase
the “velocity” of your money just like the commercial banks
and credit card companies do. Understanding these basic eco-
nomic principles - compounded over time in your favor, inside a
tax-favored entity, with the features of a dividend-paying whole
life insurance policy properly engineered - can help you build
wealth safely and predictably, even in this or any economic en-
vironment.- Estate planning and wealth transfer strategy: Permanent life
insurance creates an instant, permanent estate. The death pro-
ceeds do not pass through probate and they are paid directly to
the named beneficiaries, income tax free under current tax laws.
Please note that this concept will not help you get rich quick but it will
help you build lasting wealth and enjoy the fruits of your labor. It is a