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How does Bank on Yourself work? | Mike Butean

Updated: Mar 5


In this article, I will talk about How does Bank on Yourself work?


What is Banking on Yourself?

  • Is a strategy used to structure a whole life insurance policy.

  • Is designed to supercharge growth and build wealth.

  • Is a plan that eliminates unnecessary risk and provides guaranteed returns.


How does Bank On Yourself Work?

  • Uses dividend-paying whole life insurance as a savings vehicle.

  • Features a cash value that builds equity and is an asset you own & control.

  • Creates generational wealth building.


What about the Growth, when you borrow?

  • The biggest, unmatched advantage of Bank On Yourself: The growth continues uninterrupted as if you did not touch a dime of it.


How is your circle of wealth working?

  • Debtor: works to spend Borrows from lender at highest market rate, using future earnings potential as collateral

  • Saver: Saves to avoid paying interest Borrows from self, reducing current collateral position and resets compounding: Human nature

  • Wealth creator: Saves and uses Other People Money to maximize efficiency Borrows from lender at negotiated rates, using own money as collateral and continue to earn uninterrupted compounding


If you are interested to find out more, please use:

http://findoutmorenow.ca/ and use the code MB10

Or

contact me directly at 647-569-3799

mike@macdevfinancial.com

www.mikebutean.com

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