We’re always looking for entertaining, easy-to-understand ways to explain key concepts of the Bank On Yourself method. So we just completed a new – and very unusual – video that explains one of the most powerful features of Bank On Yourself – how it lets you bypass banks, finance and credit card companies altogether and become your own source of financing.
This video also addresses how purchasing things like cars, vacations, business equipment, or a college education through a Bank On Yourself plan beats financing, leasing and even directly paying cash for them.
Click the play button on the video below, then scroll down to the comments box and give us your feedback…
To find out how much more money you could have when you fire your banker and become your own financing source, request a FREE, no-obligation Analysis.
We’d really love to get your feedback on this new video and video “style”. (You’ve probably never seen a video like this before.)
Here are questions we’d love to get your feedback on in the comments box below…
1. Do you currently use Bank On Yourself?
2. What was the best part of the video?
3. What is still unclear about the Bank On Yourself concept?
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
7. Is there any other feedback you’d like to give us?
1-no i do not have this program but i’m interested.
2- the video was short and to the point
3-howit is different from a whole life policy
4-maybe an example of how it works
5-i have requested an analysis but never heard back
6-yes i would love to share with family once i use it and know it works
7 no other feedback at this time
The presentation was very good. I am still unsure how whole life compares to universal life policies. Is the B O Y whole life different from the same concept with a Universal life policy? Is one better for investments than the other?
No other type of life insurance product comes with as many guarantees as whole life insurance. The ONLY piece of a dividend-paying whole life policy that’s not guaranteed is the dividend.
The more I learn about universal life policies, the less I like them.
I encourage you to read these two non-biased articles comparing universal life and equity-indexed universal life to whole life, and then come to your own conclusion:
http://www.bankonyourself.com/indexed-universal-life-versus-whole-life
http://www.bankonyourself.com/whole-life-vs-universal-life-insurance
I hope this helps!
Am I keep borrowing against the policy till I die?Is that the system?
1. I do not use BOY yet. I had the analysis & am looking into opening an account.
2. Best part of the video is the straightforward visual explanation.
3. The emphasis is on giving yourself a loan. What if I never take out a loan? Does it increase even faster?
4. Maybe explain more about the life insurance policy.
5. I’ve already had the analysis. This video was more of a reminder that I need to get back to my adviser and open the account.
6. I would definitely share about BOY once I see how it is working for me.
7. How about doing another video with examples of statistics from actual policy-holders of various income levels, & lifestyles. Why are there only 200 advisers?
I have an advisor but I have not yet pulled the trigger.
1. Are the policies available in currencies other than US$ ?
2. How will impending Euro-failure (& US$-failure) be reflected in solvency of the BOY insurance companies and the growth of the cash value and death benefit?
1. Do you currently use Bank On Yourself? Yes
2. What was the best part of the video? Short, fun easy to understand.
3. What is still unclear about the Bank On Yourself concept? As a user – nothing
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? stressing the length of time this concept has been in practice and the safety versus the stock market
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? n/a
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? Certainly, it fits right in with current styles of communication and does a good job of explaining the basics
7. Is there any other feedback you’d like to give us?
I am glad I heard about the program on the radio and checked it out, I have used it twice and have been very happy I had it to turn to.
1. No, not yet
2. The animation is pretty cool and the lack of over enthused, crazy claims of super wealth is appreciated.
3. The policy and how it works as so many vehicles. I heard it being a life insurance policy, a source of money, a retirement income source, and a vehicle with rapid growth but no real information of how any of that works or even a name (besides whole life)
4. Maybe more about the concept of a whole life policy and more about how a traditional policy works vs. this one. Or at least state the things that traditional policies do with a comment to indicate that this policy can do more or better.
5. It’s neither more or less likely. I suppose since it didn’t deter me in any way, that’s a positive and it did peak my interest in getting moving regarding obtaining more information but I don’t know if I’d attribute that specifically to the video or me coming across this note in my email and reminding myself that I need to get moving!
Interesting
1. Do you currently use Bank On Yourself?
“Of Course”
2. What was the best part of the video?
The fact that it has a ash falue that you can borrow
3. What is still unclear about the Bank On Yourself concept?
How long does it take to build up a cash value equity that you can borrow from
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
A better borrowing incentive for new comers that don’t have a cash equity to dump in all at once
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
Based on the testimonies in the video and web, I joined
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
I did share. Thats I want to become an advisor.
7. Is there any other feedback you’d like to give us?
All I can say is marketing works, As a filmmaker I have some big potential clients
1. Do you currently use Bank On Yourself?
No but I would or will If I ever again have a steady income to pay the premiums.
2. What was the best part of the video?
I pay myself back not a big corporate bankster.
3. What is still unclear about the Bank On Yourself concept?
At age 55 how long before I could borrow from any decent size cash value.
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
Where is the money being invested that it is so confident I will get a good steady return. And what protection do I have when the $ fiat currency collapses, which seems very near?
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
More. I did the request and was told that with my current financial situation I would not be able to pay the premiums. Hopefully things will change. I believe the concept is rock solid and in line with my personal habits and beliefs.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
I do not use at this time but DO TELL EVERYONE ABOUT THE SYSTEM.
7. Is there any other feedback you’d like to give us? Nothing at present.
1. Do you currently use Bank On Yourself? Not yet. I found out about BOY a few months ago, and am attempting to get my husband to agree to scheduling a consultation.
2. What was the best part of the video? Loved the cartoons – they were cute but got the point across!
3. What is still unclear about the Bank On Yourself concept? We are wary because the whole concept sounds too good to be true. My husband got burned on a whole life policy years ago which was supposed to pay for itself eventually, but never did. We ended up going to term life after that. He is quite skeptical about whole life policies now as you can imagine!
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? I would love to see additional details put into the video, as I think my husband would be more likely to agree to scheduling a consultation with more information up front. For instance, you should give an idea of how much money it takes to fund a BOY policy. It would be especially helpful for you to give an example of a “typical family” with growing children and walk through how to fund and use your policy! (Our first child will likely be heading to college in 4 years and I would like to know how that would affect a BOY policy purchase.)
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? It hasn’t changed my likelihood of requesting an analysis because he doesn’t feel we have enough details to feel comfortable scheduling an appointment. The video was a great introduction to the concept, but many more specifics are needed first.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? N/A
7. Is there any other feedback you’d like to give us? One part of the video discusses being able to borrow money from your BOY policy if you have poor credit. We have an excellent rating, plus my husband can also borrow from his 401K with no penalties, so that really isn’t a big benefit to us (and probably many others watching it). We would like to know how BOY stacks up against matching 401K funds (“free money”) put in very conservative investments? Also, it would be great to know how a BOY policy can continue growing even if money is borrowed from it and how much interest is charged.
Thank you! Lori
1. We are about to have our analyis.
2. The part on the video I liked best is the demonstration of living without debt. Our whole economic structure is designed to to get people to live in debt and never get off that treadmill.
3. How the policy actually works and its terms. I would also be interested to know how cash value holds up under either severe inflation and/or deflation.
4. How the policy actually works, its terms, and the stability of the companies that issue the policies.
5. Already doing that.
6. Not until I understand it better.
7. I suspect once I get done with my analysis I will have a number of questions answered. A number of concepts within this framework I am familiar with.
1. I am in the process right now.
2. The video is simple and to the point – perfect for its purpose.
3. I believe I need to simply walk through the door and begin to use it.
4. It’s fine like it is.
5. Confirmed and clarified what I have been learning.
6. I am going to expose my family to it.
7. No other feedback.
1. Do you currently use Bank On Yourself? No
2. What was the best part of the video? Short and to the point
3. What is still unclear about the Bank On Yourself concept? I understand the concept but (see next question)
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? Explain how our money can grow exponentially when everything else in the world seems to be falling apart.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? n/a
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? Yes, I would love to share it with my kids and grandkids.
7. Is there any other feedback you’d like to give us?
I have 2 questions: Is it possible to make it work for us as we’re in our 60s (I’m 68, husband is 64)? Is it possible to put in irregular lump sums? (Obviously to make up for lost time because we didn’t know about it 40 years ago.)
I had an analyis . Talked to an adviser . he was not very patient when it came to finding a way fund my BOY . I had a lot of debt and I did not want barrow from from my 401 account , turned out I had to help my mom finacially. I was not sure if I could commit to 250 dollars a month at that time. I have been paying down my credit card debt
I am still interested , still looking at how to fund my BOY . I want to at least have a 1000.00 emergency fund in place
1. Do you currently use Bank On Yourself? Not yet but looking into it.
2. What was the best part of the video? Different ways to finance a major purchase.
3. What is still unclear about the Bank On Yourself concept? How much interest you will pay for borrowing the money and how much interest you are still gaining while the money is borrowed.
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? I’d like to understand the answers to number three so I can compare this type of investment with others.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? Not really because I already knew about these special features.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? NA
7. Is there any other feedback you’d like to give us?
My advisor is the best. Wish I would have started my policy years ago.
Looking forward to a future of my own.
I have the book and have received an analysis. At this point I cannot free up the cash. I am working on increasing my income to start banking on myself. A sample breakdown of a policy for a healthy person in their 20′s, 30′s, 40′s, 50′s, and 60′s would be helpful and very revealing about why our children need to start early.
The book explains very well how to speed up wealth creation by using your cash instead of leaving it in the account. A simplified example of two couples in their 20′s: One who uses their “bank” and the other who just lets it build, would show how using “your own bank” really increases your wealth.
I will be showing this video to my married children.
could not play video, would like to enter contest
My wife and I set up our Bank on Yourself accounts and as soon as possible we borrowed to pay off a car loan and a large credit card debt so we could put the interest in our own pocket. We are spreading the word, our biggest problem is it sounds to good to be true! In this case it is true!! Thank you.
please enter me in the contest, have health issues been denied insurance.
Looks and sounds good to me.
1. Do you currently use Bank On Yourself?
No, not yet, but will definitely be looking into it very shortly.
2. What was the best part of the video?
First the best part, was the video itself, so imaginative and eyecatching. Can say it was like one of the best commercials I have ever seen. Another thing is that it shows how can save so much, not towards retirement but to toally savings through a life time.
3. What is still unclear about the Bank On Yourself concept? How much you can really save percentage wise and really how much more the insurance policies are as compared to regular life insuarnce policies.
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
To show real samples of exact differences, which can be very easy to do, and not just say can save money. People do like to see specific examples of comparison.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
Yes, I would consider callig and find an advisor and find out exactly what the difference in prices would be in specific policies and find out with those prices what I can expect to save in the future.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
I do not use Bank On Yourslef presently, but if I did it would definitely make it a bit easier to explain.
7. Is there any other feedback you’d like to give us?
Like I mentioned before, the video was definitely very eye catching and very imaginative.
Do you currently use Bank On Yourself? no, but plan to shortly
Is there any other feedback you’d like to give us? it would be a better video if you were interviewing real folks that have had and used the product for some period of time; also, inserting a few figures that typify returns as well as loan costs would bolster the concept. One other thing, it would also help if you had a computer program that would project an outcome as you age and navigate through the program with information such as including monthly outlay, insurance death benefit levels, what happens as you use program for financing, use a bonus to further the program, etc. Make the program where one could save it and do thier own projections so they become very comfortable with the concept which should assist in expanding your customer base.
I have seen these types of videos before and they are very powerful and compelling. Audio/visual marketing always has its advantages. There are many ways a product can be presented and this is probably one of the best. My wife and I are not currently using the program but have contacted an adviser and look forward to seeing the method up close and personal.
Fantastic
Great Financial Concept. I bought a Whole Life Insurance Policy from Josh Jalinski.After I bought the Policy I heard Pamela Yellen on Josh Jalinski show on WOR Radio. Pamela gave a Tremendous Endorsement on the Whole Life Concept and I decided to buy her Book- Bank on Yourself. The Book is well writen and easy to Understand. I enjoyed the part of Firing your Banker. The Video is outstanding and everyone that reads the book and watch the video should definetely take advantage and purchase Whole Life Insurance Policy. I plan on buying a Policy for each of my Six Granddaughters.
Boy, I wish my retirement funds could grow as quickly as that illustrator’s hand moved in that video!
1. Do you currently use Bank On Yourself?
No, but I plan to look into it
2. What was the best part of the video?
It was original and although it may have been a bit long held my attention
3. What is still unclear about the Bank On Yourself concept?
Details of the plan
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
Maybe I missed it, but how long has it been around and how many have used it.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
1) Yes, we have two policies
2) Concise and to the point
3) Crystal clear
4) I think this was great.
1.No, but am definitely interested.
2.Short, did not give you time to wander off in thought.
3.What are the possible down sides to “BOY”?
4.Explain whether “BOY” is an annuity or not.
5.Yes it did.
6.I am not currently using this system, but constantly asking those who are financially set in their lives if they have heard of or know this system? I am reminded too often that if something sounds too good to be true, it usually isn’t true.
7.I would like to be able to overcome my skepticism about this system and prove to others that there is something out there to help the little guy; ie. family members, friends that have never had someone they could trust with investing for their future.
good video but to fast and no I don’t have bank on yourself yet
I am not currently using the program, but I plan to do so very soon. I am in the middle of a real estate transaction, and as soon as we get settled in, I plan to move forward with the analysis.
Having read the book first, the video explains the basics of the program which should entice even the most skeptical person to request more information. Well done!
As I just mentioned, the video does a great job explaining the basics. I’m sure that anything that is unclear to most folks will be explained in detail upon requesting an analysis.
You could use some real life examples as to how quickly the money in your account accumulates and how and when you begin to be able to tap into those resources for the stated purposes.
The video certainly would make me more likely to request an analysis. I work in advertising, so if it’s convincing to me, I’m sure that it will convince others as well. As I mentioned earlier, I have a couple of personal reasons why I haven’t yet taken advantage of the program, but I hope to do so in the very near future.
If I were already using the program, I’m sure that I would want everyone I know to see this video to back up my claim as to the success of the program.
Just for the record, I am a fan of Dave Ramsey and also John Commuta who both offer similar programs about the proper use of money and how to get the most out of it. They both focus on getting people out of debt first and getting them to the point where they can then begin to invest and grow wealth. Do I agree with everything they say? Obviously not since I am also intrigued by the possibilities that the Bank On Yourself program offers. Much can be learned from both of these gentlemen, each of whom have experienced being both well off and flat broke, and I have in fact benefited by being exposed to both of them. Although I highly recommend their programs, I also believe in always looking for a better way, and Bank On Yourself makes perfect sense if it works the way you say it does.
1. Do you currently use Bank On Yourself?
No, I do not currently use Bank on Yourself.
2. What was the best part of the video?
The video was engaging and pointed. Much information was covered in the six minute window. It was certainly persuasive.
3. What is still unclear about the Bank On Yourself concept?
What remain unclear about the Bank on Yourself concept is the out-of-pocket expenses I am responsible for. How much does this program cost me? If I am already living paycheck-to-paycheck, then how could I honestly afford to send money to an “investment portfolio” with your company? If this is supposed to help a person acquire wealth, then why are you offering whole life insurance policies? I listen to Dave Ramsey and he is a huge advocate for term life. Whole life only makes the issuer rich. How many people ever use the funds, supposed funds, in a whole life policy?
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
Topics that many people are hungry for are debt elimination, saving on a shoe-string income, college for the below low-income family, renters have rights – so know them. In my home, I bring in the majority of the income. My family size is 6 and I am a teacher. We are in debt and my husband and I have never owned a home – chances are we may never own a home. Our credit is below the toilet, it is in the sewer. Your program comes off as something like the lottery to people like me. I bring my meager dollar and hope that I will strike it rich like the other people on your program. The reality for me is that there is no expendable income by which to gamble on. So, how can you help me?
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
This video piqued my interest, but as I stated before, it’s like the lottery. I feel that the free analysis would only further entice me to dream about something that is illusive for me. Furthermore, I listen to Dave Ramsey. I don’t want whole life insurance or anything that is disguised like it. So, how can you help me?
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? This question doesn’t pertain to me.
7. Is there any other feedback you’d like to give us?
Offer methods of walking with low socioeconomic folk and video journal their stories. Due to the severity of their situation, it may take more time than a free analysis report. It may take time that some companies aren’t willing to invest pro bono. However, if you want to have a greater sphere of influence, then what better way than walking with the truly poor and seeing their lives change. Like the video, images have powerful persuasive appeal.
1. Do you currently use Bank On Yourself? Yes, my wife ans I have started the process of becoming our own BANKER
2. What was the best part of the video?
3. What is still unclear about the Bank On Yourself concept? At some point there are maybe to many legal or banking terms for the blue collar.
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
he fact that the insurance company is a protected more than the stock market or the banks in current banking problems.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
This is were I found that there is something missing, I do not known of the legal obligations but there needs to be someway to show that the more you us the system and gains more money in the policy. The more it is used which is oppuse of the banking system, in that system the more you use it the less money you have.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
Have not started to use the system.
7. Is there any other feedback you’d like to give us?
no not at this time.
The video moved a little quick up front but overall made a strong communication on the basic principles of the program. The concept was not new to me.I agree with the concept and I am in the middle of proceeding to go through with it. But I have to wait on my knee surgery that take place in a week. I guess if I survive the surgery they’ll write a policy. But I really understand the concept and want to do it. It makes a lot more sense that any other type of financial plan. As the video moved through to the later part is was easier to digest and understand.
Some of the images although simple were a little confusing because they didn’t stay up long enough to recognize the thing they were supposed to communicate.
Overall I got the feeling I was being rushed through it and would like more time to consider the points that are made. As a cartoonist myself I thought the drawings were just a little too stiff and the images were not as smooth as they could have been. Especially the hands and feet of the characters which are always difficult to cartoon. You’re probably saying why is he concern with that? But if it looks unprofessional is detracts from the message. The basic viewer will not analysis it that close but mentally put it in a category of a lessor product and may not buy the concept that it represents. Any way that’s my thoughts.
1. I have an appt.Tues.12pm
2. Very interesting
3. That you can borrow against it use for retirement
4. you could show how long it takes to be vested and how long it takes
5 Yes and I have my meeting Tues.12pm
6. not using yet
7. you need to give more information out not just get a free analysis
1. Do you currently use Bank On Yourself? Yes, for the last 3 years.
2. What was the best part of the video? Entertaining and easy to understand.
3. What is still unclear about the Bank On Yourself concept? Nothing, I use it and it works.
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? More about the banks that provide this type of account and their stability.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? I am using it, have recommended it to others.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? Yes, something quick, simple and easy to understand is always better than long boring reports.
7. Is there any other feedback you’d like to give us?
Openning a Bank On Yourself was one of the best financial moves that I have made.
No, I do not use BOY.
The animation was fun!
1. Do you currently use Bank On Yourself? Yes
2. What was the best part of the video? A very good, simplified explanation of how a whole life policy can be structured for living benefits.
3. What is still unclear about the Bank On Yourself concept? While I fully understand how it works, it needs to be stressed that to take full advantage of the benefits, you must pay yourself back, until retirement.
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? Acknowledgements that you can’t overfund your policy to the point of a MEC, that you need to pay yourself back, and it does take some time to build the bank in the beginning.
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? N / A
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? Yes, it does a good job of explaining a complex financial product in English.
7. Is there any other feedback you’d like to give us?
Having read the book, and advising people to maximize their Paid Up Additions, there does need to be an acknowledgement of MEC, build time, and the need to pay yourself back until it’s time to SLIRP.
1. No, but seriously considering.
2. Simple and easy to understand.
3. How the insurance companies are able to pay you dividend as if you didn’t borrow from the cash value.
4. More reassurance that $ will not be lost; how the insurance co invests your money; how much of your premium actually goes to buy insurance.
5. N/A — I already have an analysis. I just need to do more research on it.
6. Not yet doing BOY, but I’ve already shared the video to several of my family. Hopefully, we’ll be able to tap and encourage more savers out there.
1. Do you currently use Bank On Yourself?
-I started one but had to quit because my income from my self employed work dropped significantly
2. What was the best part of the video?
-I like that it was short
I like how simple it was. It uses both audio and visual to help one understand the concept.
3. What is still unclear about the Bank On Yourself concept?
-Is it better to start with a little like $50/month or wait one can put in at least 200 or more a month?
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?
-A comparison to other investment vehicles, stocks, bonds, savings/
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?
It makes me want to seriously consider starting one again even with minimal cash flow.
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?
-This is a simple tool that can easily be shared with friends and family. I find most people have trouble reading books. Most people like watching movies anyways.
7. Is there any other feedback you’d like to give us?
It might be nice to have a series of videos that are similar that touch on other specific topics in the Bank on Yourself Program.
1.I do not currently have a BOY policy
2.I think the video touches all the main points of a BOY policy in an entertaining way.
5. I had an analysis done and it was very informative. My wife is not on board with it though.
7. I keep going back and forth about starting a BOY policy because the stock market seems to be tracking positively this year, but at the same time I had done the analysis on my 401k and it has bounced all over the place and averageout less than a BOY policy. The losses are actually larger than what was reported and that could happen again right when I need it the most. I don’t like that prospect. I want my money to do earn the most for me.
Why is there only 200 advisors For all the years
this programmes been around
I do have a policy right now
This video says exactly the same things the old videos do and all the write ups
I’d like to hear different ways to exercise my policy to make a grill
I’d like to hear how are the people have made their policies grow and just be at low income not like the ones in the book
”
This new video said exactly the same thing the all the old ones do
There are only 200 Authorized Advisors because we’re picky and turn down 90% or more applicants. We think your financial security if pretty important and shouldn’t be trusted to just any agent. I hope you feel the same way.
We have profiled many people who talk about the ways they’ve used the policy to make it grow.
For starters, check out our page of stories of Bank On Yourself clients.
Also – read chapters 7-11 of my best-selling book for more.
1. Yes, I have had this program for 6 months
2. It was simple but specific on the way the program works for the individual
3. NOTHING! My wife and I met with our adviser yesterday and had several questions cleared up.
4. Explain in the video a little more on the how’s of money still growing even if you take a loan out
5. I want to share it with as many people as possible
6. Yes. You can pause it, go back over areas that you didn’t catch the first time and get a lot of questions answered.
7. It would be advantageous to have other videos showing how the program can relate to us with various examples
1. Do you currently use Bank On Yourself?no
2. What was the best part of the video? interesting to watch
3. What is still unclear about the Bank On Yourself concept? a little, not sure what costs would be
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself?cost ranges
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors?more likely
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not?N/A
7. Is there any other feedback you’d like to give us? Nice presentation
1. Do you currently use Bank On Yourself? No
2. What was the best part of the video? Very easy to follow and understand
3. What is still unclear about the Bank On Yourself concept? Nothing
4. What topics could we address that you think would give people more confidence to consider Bank On Yourself? Nothing
5. If you do not currently use Bank On Yourself, did this video make you more likely or less likely to request a free Analysis and get a referral to one of the Bank On Yourself Authorized Advisors? More likely to use this. I will be requesting the free analysis..
6. If you are currently using Bank On Yourself, do you feel that this type of video is something you could share with family, friends and colleagues to help them understand this method of managing your finances? Why or why not? I am not using, but I do feel that I could share this with family, friends and colleagues….
7. Is there any other feedback you’d like to give us? None at this time…Thank you for providing this video…
I have BOY policy. It does take some time to accumulate cash value……….Up to 5 years. And the older you are when you start, the higher your premiums will be. Borrowing is very easy but they do charge you interest 6%. There are no questions asked and the check arrives in a couple of days. I got into it for a retirement account and am still now sure how it will all works. Wish I had found it sooner. I have tried to recommend the BOY to family and friends, but the concept is difficult to explain.
While you do pay interest on policy loans, that interest ultimately benefits you. This is explained in detail in our Consumers Guide to Policy Loans.