BestLoanAlternativeForFinancingACarPurchase: TheInfiniteBankingConcept
Otherthanrobbingabank,therearen’t manywaysofquicklyraisingmoneyto fundacarpurchasethatdoesn’tinvolvea loanofsomekind.
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That’sexactlywhatChris NaugleandIOwnMyBank offeryouwithDriftingAway FromTraditionalCar Buying,aneBookthat teachesyouhowtousethe InfiniteBankingConcept.
IOwnMyBankalso offersalivewebinarthat furtherexplorestheIBC withreal-lifeexamplesof howyoucanuseitfor buyingacarorother largeticketitem
AsexplainedinDrifting
AwayFromTraditionalCar Buying,theIBCwas developedandoutlinedby economistR.NelsonNash inhisbookBecomingYour OwnBanker.
Theconceptinvolvesthe useofwholelifeinsurance policiesasadividendpayingassetthathas lowerinterestrateswhen comparedtobankloans.
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