Fire Your Banker Video Contest Results

by | 3 Comments

Wow! We received more than 150 terrific entries when we invited readers to tell us what you think about our unusual new video on “How to Fire Your Banker and Become Your Own Source of Financing”.

Prizes-neon

We want to thank everyone who took the time to give us such detailed and honest feedback, which is exactly what we need to be able to communicate the benefits of Bank On Yourself more effectively.

Prizes-neon

Five people on the Bank On Yourself team – myself included – poured through every single response, not just to pick the contest winners, but to also learn what questions and concerns you have about the Bank On Yourself concept.

At $1,000 per finished minute to film this kind of video, I was really glad no one said what they liked most about it was when it ended! Most people really liked the unusual video style and felt that it helped them better understand one of the most intriguing advantages of the Bank On Yourself method: How it lets you bypass banks, credit cards and finance companies and become your own source of financing.

If you haven’t watched the video yet, I encourage you to do that now…

NRnduZFfC4M

There were many terrific insights and questions in the contest entries. It was tough to pick just five winning entries (we actually picked six), but you’ll find the winners listed below.
[Read more…] “Fire Your Banker Video Contest Results”

Video: How to fire your banker!

by | 164 Comments

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…

NRnduZFfC4M

HOW MUCH MONEY COULD YOU HAVE BY BECOMING YOUR OWN FINANCING SOURCE?

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.

Request Your Analysis Button

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 Professionals?

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?

Singer Karyn White Seizes the Day with Bank On Yourself

by | Leave a Comment

I just recorded an inspiring interview with Grammy-nominated contemporary/pop and rhythm and blues recording star – and Bank On Yourself client – Karyn White.

Grammy-Nominated Singer Karyn White Seizes the Day with Bank On Yourself
Grammy-Nominated Singer Karyn White Seizes the Day with Bank On Yourself

Karyn was in her early 20’s when she became the first female artist to have her first three solo releases hit #1 on the R&B charts.  She collaborated with industry legends including Babyface and L.A. Reid, before devoting herself full-time to raising a family.

After an 18-year hiatus, and a fan base that never forgot her, Karyn decided to record again.  Only this time she decided to produce her new CD album, Carpe Diem, herself – and pocket the profits the record companies used to make off of her.

In this interview, Karyn reveals:

A Better Way to Save and Pay for College

by | 9 Comments

Paying for college without spending your life’s savings is one of the biggest challenges faced by families today.

The traditional ways of paying for college, such as 529 college savings plans, UGMAs, UTMAs, and student loans all have serious drawbacks. So we put together a video that reveals:

  • Seven important questions to ask yourself when choosing between college saving methods plus a chart that compares them side-by-side
  • A better way to save and pay for a college education for your kids or grandkids – or for yourself – one you probably aren’t hearing about
  • How the Bank On Yourself method can double as a safe college savings plan AND a way to provide you a guaranteed income in retirement that can last as long as you do

This video is a little longer than others we’ve done (it’s 10 minutes) because this is a critical topic and making the wrong decisions can drag down your financial picture for decades. A full transcript of the video can be found below as well. Enjoy and let us know what you think in the comments box below!

Bank on Yourself: A Better Way to Save and Pay for College

Watch this video to learn how a specially designed dividend-paying whole life insurance policy from a Bank On Yourself Professional may be the safest and best way to save for college tuition to meet the rising costs of education.

_sQxsD9hR5E

Here’s the full text of the video…

The Boomerang Generation”

That’s what many experts are calling today’s crop of young adults.

All too often they go off to college, they graduate, then they return home, sometimes for years. Blame it on the cost of college.
[Read more…] “A Better Way to Save and Pay for College”

They’re lying to you, again..

by | 4 Comments

A widely publicized new report from the Federal Reserve shows Americans’ wealth plunged by nearly 40% between 2007 and 2010, due to the collapse in home values and the stock market.

There’s one big problem with the Report, which reveals that the net worth of U.S.families has been reduced to a level not seen since 1992 – it’s one of the biggest lies ever perpetrated on the American public!

Here’s why: You can’t eat a number on paper!

Those statistics about how much Americans’ wealth had ballooned prior to the financial crash were pure fiction. Unless and until you sell your assets and (hopefully) lock in your gains, you have nothing more than a bunch of eye-popping numbers on paper that have lured most Americans into believing they have real wealth and financial security, when they do not.

At least that’s the case for Americans who save and invest the way the conventional wisdom tells us to. But it’s not true for people who use the Bank On Yourself method.
[Read more…] “They’re lying to you, again..”

7 Reasons Why Banking On Yourself Makes Sense

by | Leave a Comment

Investing money is a difficult and confusing process for most.  While you want to earn the highest return possible, you worry that too much risk could result in a big loss.  There are Bank On Yourself growing coinagethousands of financial “experts” in the world, eager to impart advice and consultation, but how are you supposed to select the right one?

One option is Dividend-Paying Whole Life Insurance.  While not as publicized as a 401(k) or investing in the market, Whole Life Insurance is a viable, safe method for growing wealth while providing a safety net for your loved ones.

Please take a look at the answers to the FAQs below and consider if Dividend-Paying Whole Life Insurance through Bank On Yourself is an option for you.

FAQs:

1.  What is it Dividend Paying Whole Life Insurance?

[Read more…] “7 Reasons Why Banking On Yourself Makes Sense”

Five Tax Advantages of a Bank On Yourself Policy for 2024

by | 6 Comments

UPDATED JANUARY 2024

You’ve probably heard the old joke about the guy who hears a knock on his door, opens it, and there’s a man who says…

I’m from the IRS and I’m here to help you!”

Well, there are times when the IRS is trying to help you… and when it comes to the Bank On Yourself method, there are at least five ways they do that.

With the caveat that I’m not a CPA or accountant, nor have I ever played one on TV, here are five ways Bank On Yourself could save you thousands or even hundreds of thousands of dollars in taxes over your lifetime…

Bank On Yourself Tax Advantage #1:  Tax-Free Retirement Savings Withdrawals

[Read more…] “Five Tax Advantages of a Bank On Yourself Policy for 2024”

How to Finance Your Business Yourself

by | 5 Comments

Many business owners and professionals pay considerable sums of money to banks and credit card companies to finance or lease equipment, vehicles, office buildings and more.

JCPenney_WaltDisney

That’s money you’ll never see again!

JCPenney_WaltDisney

It also requires you to fill out reams of nosy paperwork, pledge your first born child… and still have no guarantee you’ll get the capital you need for your business (even if you have perfect credit)!

What if you could bypass banks, finance and credit card companies altogether and become your own source of financing for your business?

The good news is that you can!  You can use the same method famous people like Walt Disney, J.C. Penney and others used when no banker would lend them a dime.

When you use the Bank On Yourself method, you can…

  • Fire your banker and seize control over your business finances
  • Use your money and still have it working for you
  • Recapture the interest you would  have paid to others
  • Grow a guaranteed and predictable income stream in retirement
  • Pay little or no taxes on it, under current tax law

This video reveals how it works and includes a case study, including how much was paid into the plan, how the plan was used for financing and how much retirement income it provides.

Click the play button below to watch the video…

NHvQpY50yYM

WANT TO FIND OUT HOW YOUR BUSINESS COULD BENEFIT FROM BANK ON YOURSELF?

Find out the bottom-line numbers and results you could have if you added the Bank On Yourself method to your financial plan when you request your FREE Business Owner Analysis.

Discover how much more control you’ll have over your money and how much more wealth you could have – guaranteed – without the risk of stocks, real estate and other investments.

If you’re not a business owner and want to become your own source of financing…

Almost anyone can use the Bank On Yourself method to become their own source of financing for major purchases like cars, vacations, home renovations, college educations and more!  This video shows you how.

Best retirement plan alternative?

by | 6 Comments

I can’t afford to be a risk taker any more”

Worried Senior

…says 75-year-old Margie Alford of Austin, Texas.  Yet, Margie’s financial planner is moving her CD money into stocks instead, after fruitlessly waiting for three years for interest rates to rise.

Worried Senior

Low interest rates of the past several years have taken a toll on U.S. savers.  “The Fed has removed the last shred of possibility that interest rates will revert to normal in the near future,” according to Christopher Carroll, profession at Johns Hopkins University.1

As a result, retirees are taking on more risk… at a time they can least afford to.

With interest rates on CD’s, saving and money market accounts not even keeping up with inflation, what other options do you have?

The Bank On Yourself solution…

[Read more…] “Best retirement plan alternative?”

The Ultimate Wealth-Building and Retirement Strategy… Whether the Market Goes Up, Down or Sideways

by | 6 Comments

Have you been disappointed by your 401(k), IRA or other retirement plan?  Conventional wisdom tells us these plans are the best way to save and invest for retirement. Yet following this advice has resulted in financial insecurity for most Americans.

Because of this, most baby boomers have been forced to postpone retirement an average of five years.1

I’m often asked how using the Bank On Yourself method to save for retirement compares to traditional plans, so I put together this short video that reveals seven reasons Bank On Yourself makes an excellent retirement plan alternative.

Click the play button in the video below and see how many of these seven advantages you’d like to have in your financial plan…

n5pumZ8Updg

The Ultimate Wealth-Building and Retirement Strategy… Whether the Market Goes Up, Down or Sideways

Would you like to find out how big your nest-egg could grow – guaranteed – if you added Bank On Yourself to your financial plan? No two plans are alike – yours would be custom-tailored to your unique situation, goals and dreams. To find out what your bottom-line numbers would be, request a FREE, no-obligation Analysis today.
REQUEST YOUR
FREE ANALYSIS!
If you’re wondering where you’ll find the money to fund your plan, keep in mind the Bank On Yourself Professionals are masters at helping people restructure their finances to free up money to fund a plan. Here are the eight most common places they look.

When you request your FREE Analysis, you’ll get a referral to one of only 200 financial representatives who have met the rigorous training and requirements to be a Bank On Yourself Professional. They’ll show you why Bank On Yourself is the ultimate wealth-building and retirement strategy… whether the market goes up, down or sideways.

1.  Bankers Life and Casualty Center for a Secure Retirement, May 2011