Becoming Your Own Banker | Infinite Banking is NOT For The Rich

Infinite banking concept is not just for rich. Infinite banking concept is all about prioritizing intentionally. It has nothing to do with how much money you have. What you have is great. Let's just recycle that money differently so that it actually performs better and as a financial outcome for you. We can't get a better rate of return investing into anything without first controlling how we go about financing the things that we need in life. Becoming Euro banker is a process and the easiest way to become a banker is by implementing the infinite banking concept. No such thing as instant results, right? There's always processes that we need to create to get results. Just recycle it like a banker. It's as simple as that. The most important thing that anybody has to do is one thing. Rethink your thinking. Now there's two principles that we're going to talk about today. One is called the recapture interest. Now again, if you're not familiar with the word recapture interest, you will be familiar with that word by end of my talk. Recapture interest creates a financial tailwind and you'll see and understand the importance of it in your life, personally, corporately, financially. And the other thing we talk about is control on motion of money. So these are two principles which is basically key in becoming a banker. Implementing the infinite banking concept. So we'll definitely talk about these two principles. Then we talk about case study. Now case study is about how you can enhance the work or your method or your way towards becoming retirement ready. Just by changing the process of how you are presently paying the living expenses that you have. You're going to pay for those living expenses anyways. But how? Just by changing the process, you're not just able to accomplish the objective of paying for that process. Property tax, that family vacation, kids, education, whatever living expenses you have, you'll be able to pay out for all that, but you will work towards becoming in a stronger position of retirement ready. And it's all going to be based on the first two principles that I talk about. Recapture interest and motion of money. Now infinite banking concept is not just for rich, which is the theme. So you don't have to be rich to get into the banking business. Because infinite banking concept is all about prioritizing the flow of money. The money is going to flow no matter what. Infinite banking concept is all about prioritizing the flow of money and has nothing to do with how much money you have. What you have is what you have and you're going to flow that money anyways. So it's all about prioritizing the flow of money. You are not buying or building a bank. That's not what infinite banking is all about. We're not buying or building a bank. You are implementing a process. Remember, plan is a process. So we're going to talk about that planning of the process that is key. And two essential elements are recapturing interest and control, emotion of money. So that's the process that we're going to build so that we can enhance the desired outcomes that you're looking for. We're going to build this process to control the banking function as it relates to your financing needs. And before I dive into talking more about becoming a banker, I want to just set stage with the story that I have to share. So me and my brother, we played a lot of golf growing up. So we played a lot of golf. And for those who are not familiar with golf, well, golf has 18 holes. Each hole is a different obstacle course, if you want to call that. And then whosoever scores the least in the 18 holes is actually the winner. So when we were playing golf this. This summer, I said, hey, you know what? Let's. Let's play for some stakes. Let's get some wager in there. And he said, yeah, let's do it. What are we. What are you thinking? I said, this is what I'm thinking. So there's 18 holes. Every hole is worth 10 cents, and then we're going to double the amount for every hole going forward. So first hole is 10 cents, which means the second hole will be worth 20 cents, the third will be worth 40 cents, and so on and so forth. And he said, yep, you're on. Game on. Let's do it. I said, perfect. Now, I purposely let him win the first 16 holes, and then by the time he reached 16th hole, and he's like, I got this. I've won 16 holes. I got two more holes to go. But I won the last two holes. So I let him win the first 16 holes, but I won the last two holes. So here's a scorecard. So I lost one to you, three, four, five, six, seven, all the way to 16. And I won the last two, number 17 and 18. And he said, okay, what's. What's the tally? I said, well, you won 16, I won two. And then his question is, how much money do you owe me, sir? Blow. So I won more holes than you. I said, although you won 16, but I only won two holes, but you owe me $13,000. And he said, what kind of math is this? I want 16. You only want 2? How do I owe you 13,000? It should be the other way around. And this is exactly how he felt. So I said, okay, let's do some tally, right? So I said, the first hole is worth 10 cents, second is 20 cents, third is 40 cents, fourth is 80 cents, and then so on and so forth. So I lost the first 16 holds. Total holds, lost 16, total money, lost 6,553. I said, are you okay with the math so far? And he said, yeah. I said, well, I want the last two holds. So hole number 17 was worth 6,553 and hole number 18 was worth $13,000. So I love. I won the last two holds, so I won 19,006. I owe you 6,005. 53. So you can just write me a check for $13,000. And he's like, wow, how did you get so smart, Servlow? I said, well, I'm a banker. I always use compounding to my advantage. And then right after that, I asked him a golden question. I said, by the way, have you read this book? So, you know, one question that I get asked from my clients is, hey, how do we get our family into reading this book? I said, just meet them where they are at and it's going to be enough to get them into reading this book. That's exactly what I did with my brother. So at least I didn't get 13,000 from him. I didn't take that money. But I did hold them accountable to reading this book because this book has changed my life, my colleague's life changed the life of several thousand clients that we serve. So let me ask you all this question. Have you read this book? Now here's a fact. Banks actually do not use compounding to grow their own wealth. Shocking, right? Banks either pay compound interest when you leave money with them on deposit, for example, gic. So when you buy gic, they'll pay you compound interest. Now, when you go to the bank and you borrow money for loans, then they charge compound interest. So to grow their own wealth, they always have the money in motion. But for them to actually have the compounding working for them, then the money has to sit still. Because the only way that you can earn compound interest on compound interest, if the money is set still, and then you earn compound interest on compound interest. While banks either pay compound interest or charge compound interest. But to grow their own wealth, their money is always in motion. Money that's not in motion isn't worth anything. So again, everything begins with how we think money. That's not in motion isn't worth anything. And value of money is always in what it can purchase. Goods, services, etc. The value of money is not in number of zeros, but behind the digit. That's a fact. Now let's talk about what are the things that you are using money to buy today. And I just use this to make a teaching point. So you have a mortgage payment, you have a car payment, you have lines of credit, credit cards to pay. You may be buying appliances, or you already may have appliances which you purchase via loan and you're making those payments. You may be remodeling your house, you're paying for vacation, you're paying for clothes, you're paying for property tax, food, boat payments, health care plans, investments, medication, charitable causes, Cairo physio, emergency funds. So you got a list of things that's happening every month. And to buy all that, you need money. So you're always exchanging money. Right now all these things that you purchase are actually financed. You're either paying interest to someone else, AKA if you have a mortgage, you have a car loan, then you pay, you borrowed that money, so you're paying the loan back, which means you're paying principal and interest on the loan. So you're paying interest, that's financing. Or you're giving up the interest that you could have earned. So when you pay cash for things, you give up the opportunity for that money to earn interest for you. And it's not just one time that you're giving up that opportunity. Once that money is gone, it's not going to work for you for rest of your time on planet Earth. So you use your cash, you lose interest, you use Bank's money, you pay interest. Well, the third method is going to be the infinite banking concept. And this method has nothing to do with losing interest or paying interest. This method is all based on the principles of recapturing interest. Now here's something else to think about. So when you use your cash, you lose interest. Who got all the money? Someone else did. Once their cash is gone, someone else has that money, not you anymore. You did all the work to earn it. That's a fact. But someone else got it. Now, when you use Bank's money, you pay interest. In the end, who got all the money? Well, bank did. You didn't keep any of that money. While the infinite banking concept is a principle based on recapturing interest. And when you implement the process of recapturing interest, the keyword being meaning the process of recapturing the interest, you get to Keep all of your money for yourself and for your family for generations to come. Either way, you're going to use the money to accomplish the objective anyways. But the third way will still get you the objective accomplished, but it'll keep all the money in the family and it'll push you ahead financially. Because the principles behind recapturing interest will create a financial tailwind. Losing interest and paying interest, you're not going to create a financial tailwind on those transactions. So recapturing interest also creates a financial tailwind. You're going to see how I'm going to conceptually demonstrate to you the power of recapturing interest. And this is straight from Nelson's book. So Nelson says, let's understand what is happening. When we know what is happening, then we know what to do because we know what the problem is, right? So Nelson says, okay, let's see what is happening to a family. And let's consider the annual pattern of spending, right? The family has a car payment. About 20% of every dollar that the family earns goes towards car payments. A family may have a mortgage payment and 30% of every dollar that the family earns goes towards mortgage payment. And they have living expenses. 40% goes towards food, clothes, title, vacation, property taxes, insurance, etc. Now, but they're saving, you know, they're saving 10% of every dollar that they earn. And saving is a good habit because the more we have saved, the more we can use towards making any financial progress. But savings we can invest, correct? Now the green bars are the total payment, right? So total auto payment, total mortgage payment, and total living expense payment. And now you may be wondering, well, I'm paying cash. I'm not making a payment. It's a cash, right? Well, when you transfer money via cash, it's a payment into to someone else's system or bank for the exchange of goods and services. There's always a payment. In fact, saving is also a means of payment. You just don't consider saving money as a payment. When you set money aside every month, you're setting aside every month, that's a payment that you're making. It's a principle about paying yourself first, but it's a payment that you have to make. Every transaction that you have is a payment. That's the fact. Now, the red bars represent the interest volume. So the 5% is not the rate of interest on car. 5% represents for every dollar that you earn, 5% of that is leaving the family on interest payment for that car loan. For every dollar you own, 25% of the dollar is leaving the family on the interest payment on the mortgage. For every dollar you earn, maybe 5% of the dollar is going towards living expenses like credit card debt, lines of credit, boat payments, et cetera. Now when you add up all the red bars together, which is basically the interest volume, the dollar amount in interest that you're paying, not the rate of interest, when you add up all those red bars together, it becomes about 35%. So basically for every dollar you're earning, 35% or 35 cents is interest payment. That's basically what Nelson is teaching us in this example. Now 10% saving is, is a good habit, right? So think about this. Saving is a good habit. So 10%. So for every dollar you earn, you setting aside 10% for savings. So that's one step forward into what's financial progress. But you're giving up 35% of every dollar in your interest payments. So you're actually taking back three and a half steps backwards. So you take one step forward and you go backwards three and a half steps. That is what is happening in this transaction. Now the other thing it's important to recognize is, you know, we all think about investments and rate of return. So if I take this savings, which is 10% and I go invest, it doesn't matter where I invest it and let's say I get 100% rate of return. So 100% rate of return will take my savings from 10% to 20%. Correct. Is 20% still less than 35% in interest payments? You bet it is. And this is where Nelson says that we can't get a better rate of return investing into anything without first controlling how we go about financing the things that we need in life. And that's what we're here today to talk about. How you can make better decisions with the implementation of a process to finance the things that you need in life so that it's actually working in your favor, not against you. Now to demonstrate the whole essence of recapture interest. So let's presume we are in Calgary. So Calgary is on the south of Alberta and then we have to fly to Edmonton. Edmonton is on the north side of Alberta and we have to get there. So we hop on a plane, we are in Calgary, we're going to fly to Edmonton. So Calgary basically represents where we are today financially. That's what it is. It's where we stand financially. And Edmonton is our financial destination, where we want to be financially right now when we are in the plane and we go up in the Air the aeroplane speed is 100 miles per hour which is basically the 10% savings. Right. So we go towards a destination based on 10% saving. In this case it's 100 miles per hour. Once we go up in the air we are now faced with a headwind of 350 miles per hour which is that interest volume of 35%. So if we are flying to Edmonton in this environment, are we going to get to our destination? Well, if you're flying at a hundred miles, we got a headwind of 350. We are negative 250. We are certainly not going to get to Edmonton. We probably end up in Mexico which is going to be great for vacation. But financially speaking it's not the position that we want to be and we never want to go backwards. Right. So the process of becoming a banker is all about recapturing interest. But presently what's happening is you're working towards a headwind where there's high interest volume than what you're able to earn. And in an environment like this you're not going to get ahead financially. And this is an environment of paying interest. Now what if the environment changes and we are still in Calgary So we haven't changed where we are financially and we want to head to Edmonton which is a financial destination and we're still flying at 100 miles per hour. So we're not working any harder. We're just flying at the speed that we want to fly at which means we're saving at the speed that we are able to save at. Now if there is no headwind and we're flying at 100 miles per hour, we won't destination but at the speed of 100 miles per hour which basically represents the speed at which you can save money. And if life happens, if sickness happens, you lose a job, whatever happens, which means our savings are going to be compromised. And if our ability to save money is compromised, then our ability to make progress is also compromised. We will get to a destination but the ability that we have to save money and I call this losing interest because for every dollar you spend on buying the things that you want to buy, whether it's cash or digital dollar, you're not going to earn any interest on it. So it's losing interest. Now what if we have the recapture interest? What if we have the financial tailwind where the interest on the things that we financing are actually working in a favor which means the interest is actually pushing us ahead. So we're still flying to Edmonton at 100 miles per hour. Which is our saving rate. We haven't changed that. But now we are in a different environment of recapturing interest. And the interest is actually working in a favor, which means the total speed now is 450 miles per hour. So now I'm going to get to a destination much quicker. Now here's something important to understand here. Now life happens and we're not able to save money, which means we compromise on that hundred miles per hour, on that 10% saving. Well, that's okay because we're in an environment of recapture interest. We'll still make financial progress of 350 miles per hour. So recapture interest is where you want to be. Have the interest on things you finance work for you versus against you, or have the banking function work for you versus against you. You have to build a process. Again, becoming a banker, the key word, I'm going to keep repeating this today. Becoming your banker is a process to recapture the interest on the things you finance. And to do that you have to get into the banking business. And the easiest way to become a banker is by implementing the infinite banking concept. That's the process to help us recapture interest. Now money that's not in motion isn't worth anything. I talked about that briefly. And whoever controls the motion of money accumulates wealth. So let's look at this example. So let's say this is a bank. Now banks need deposits. Without our deposits, they cannot do what the banks need to do, which is lending. So let's say you deposited $50,000 into bank and it's earning you 4%. Now the money that you deposit in the bank, it's your money. So it's an asset to you, right, because it's your money. But to the bank or the banker, it's a liability. Your money as a deposit is a liability. And the reason why, because the bank has to pay you 4%. It's a cost. And the other thing is the bank knows that you can come and take that money out at any time. So what you call an asset, they call a liability. So bank has to make profit, so they'll start lending that money right away. Let's just say someone wants to buy a house and today the mortgage rates are 6%. So the bank now lends the money to 6%. Bank got this money from your deposits, not from anywhere else. Our deposits are what the banks use. So the bank is paying us 4% on the deposit and they're charging 6% on the loan. You can see the spread between these two transaction is 2%. So that's one thing to do, to pay attention on is the spread that the bank has on the transaction. And the other thing that you have to pay attention on, bank is in business of also recapturing interest. You never saw it. So if bank is paying us 4% and they're charging 6%, didn't bank recapture the cost of paying 4% in the 6%? So bank is also in the recapture business. They're just calling it the spread. That's what it is, Right. So they are in recaptured business. So recapturing interest comes from them. We're just going to do what the banks do, right? So banks recapture interest and while won't be and someone who, you know, who is selling the house, sorry, someone who's buying the house gives up money to the seller and the seller will put that money right back into the bank. It doesn't matter which bank that money ends up into, it all ends up into one giant banking system under the umbrella of the central banks that we have in our country. Now, someone wants to take a car loan, they go to the bank, borrow money at 7%. The person who's buying a car gives them into a dealership. Now dealership doesn't have a big, huge, huge mattress in the back where they stack all the money. They're going to put the money right back into a banking system, right? So the bank is paying 4% to the depositor, they're charging 7%. So they recapture, the spread is almost 3%. Now we do house remodeling. So bank lends money at 8% to house remodel and we pay the contractor, contractor puts the money right back into the banking system. So out here, the spread or the recapture is 4%. Now we pay off debt at 12%, credit cards, things like that. And all that money ends up right back into the banking business. And the spread or the recapture is. Now if the bank is paying 4% and the spread on the first transaction is 2%, on the second is 30%, on the fourth is 4% and on the last is 8%. So if you add up all the spreads, that's 2 plus 3 plus 4 plus 8, that's 17%. So here's a question for everybody. If the bank is earning, sorry, the bank is paying 4% to the depositor and all these spreads are 17%. How much extra do you think the bank is making on you? And by the way, in the middle, that could be you if you wanted to. So the bank is paying 4% on deposit and the spread is 17%. So how much extra do you think the bank is making? So the bank is making 4 to 25% more than US on all those transactions. And they did that by recapturing interest and by keeping money in motion and also controlling the motion of that money because all the money was flowing again back to them. The motion of money was controlled from the depositor and then all the loans and all the payments coming back to recapturing and motion all simultaneously happening at the same time. And those are two principles that we're going to talk about when it comes to creating a bigger, better retirement ready plan for you by using two principles. One is recapture interest. The other is controlling the motion of money. List of living expenses that you must set aside money for every year. What are those living expenses? So home and car insurance. So I googled, I asked Uncle Google, I said, hey, how much does a family spend on home and car insurance? And uncle Google said, 2500. So I'm taking all this data from Google and then Christmas expenses, about 2,500. Christmas and Thanksgiving combined. It may be less for some families. It may be more for some families. Family vacation 5,000. So every year, family spending 5,000 every year. Family spending money on Christmas, home and car insurance. Property tax is something that's due every year. Can't take a vacation on it. So that's $5,000. Charitable giving, I'm assuming that this particular family is spending $5,000 on givings. It could be less, it could be more. And then coaching and investments, again, you could be investing into anything. And I'm just using $5,000 in this example. Right. So these things combine at 25,000 per year. Now it could be 25,000, it could be 2500, it could be 20 $250,000. Again, it doesn't matter what the amount is. Conceptually speaking, this process can, can be built for any amount. All right, so total combined is $25,000. And this is what we're going to use for case study. I'm going to show you how this family can continue spending 25,000 every year like clockwork on the things that they need. But simultaneously they're going to recapture the interest. And by controlling the flow of money, they're going to come out ahead financially, not just on the transaction, but also for the future, for retirement. Ready. So we talked about use of your cash is losing interest, right? And all these things that you are paying for today, I bet most of the things are cash transactions. You're paying cash for taxes, you're paying Cash for insurance, you're paying cash for vacation, you're paying cash for investments, you're paying cash for charitable givings, you're paying cash on Thanksgiving and Christmas, you paying tax, you paying cash. So if you're paying cash, you're losing interest. But here's the thing. You may not understand the impact of that on your future financial well being. And we're going to cover that today. So how much interest did the GIC pay today? So I'm going to use this just as a framework. So let's say someone is age 30 and they save $1 into GIC and it's earning 5%. Now if that happens, if they save that $1 GIC and it's earning 5%, they will have $6. Based on that at age 65, presuming they're able to earn 5% of GIC or investments every year. So the teaching point that I'm making is if you're age 30 and you spend that $1 on anything today, the impact of $1 is not $1, it's $6 that you'll have less at retirement. It's six times. So let's put things in perspective. Financial impact of paying cash or digital cash. So at age 30, if they spend $1 in anything, by the time they reach 65, they will have $6 less. That's the financial impact. If you're age 40 and you're spending $1 on anything today, at age 65, you'll have $350 less. $350? Yes. Less to spend at age 50, if you spend $1 when you reach age 65, you'll have $2.15 less for return at age 60, when you spend $1 on anything, by the time reach 65, you'll have $1.30 less. And that's just using the simple example of a dollar. Well, let's put some heavy numbers there. Let's say if you spend 10,000 today as cash, at age 65, you left $57,000 less. If you spend $10,000 at age 40, by the time you reach 65, you left 35,000 less. At age 50, if you spend 10,000 in cash, by the time you reach 865, you left 21,000 less. And at age 60, if you spend 10,000 on cash, by the time you reach age 65, you left 13,000 less. You can see the more we spend on cash, the more we penalize ourselves in future. Now I understand we got to spend cash. We got to buy the things that we Got to buy. I'm not discounting that. I'm just showing you what is also happening, the unseen behind it. And I'm going to show you what you can do to fix this and still be able to do what you want to do so that you are in working mode towards retirement ready and still be able to do everything that you want to do. When it comes to buying all the living expenses that you need for that particular family, the expenses that we've considered, the total cost is 25,000 per year. So I'm going to put that in perspective for this family. At age 30, if they spend 25,000, they have 143,000 less at retirement. And I'm just presuming 25,001 year. But they're not going to spend 25,000 for living expenses just at age 30, they're going to spend that at age 31, age 32, age 33 and all the way till age 65. It's just going to get worse, it's not going to get better. So age 40, they spend 25,000, they'll have 87,000 less. At age 50 they spend 25,000, they're have 53,000 less. At age 60 they spend 25,000, they left 32,000 less. That's the reality. If you weren't aware of future financial impacts. Based on the things that I have just shared, I'm here to share with you that it is not your fault because you didn't know about it. But here's a fact, it is your problem to solve. It may not be your fault, but it is your problem to solve. And here's the best part, there is a solution. The solution exists to this problem. And the solution is to build a process. Remember, the plan is all about the process, not the desired outcome. Now implementing the infinite banking concept. So presently this is how you are paying for living expenses. So the first thing first is for anything that you need for living expenses, you're setting that money aside into savings account because you want the money to be there to buy the things that you need. And setting aside money to savings account, like I mentioned, it's just another way of payment. It's called paying yourself first. You just don't call it a payment, you just don't see it as a payment. But it is a payment. Everything is our payments in life, right? So you set that money aside savings and then once you got enough money, then you take all that money and you're down to line zero. Money's gone, objective is accomplished, we have that, but the money's gone, you're down to zero. And for next year, you start saving, you start setting aside monies via payment in your savings account. And once you have enough money, you take all that money and you're down to line zero again. Transaction continues as the years go by. So you save again, you pay for things, it's down to zero and you save again and you use the things and money is down to zero. So for all those transactions, by the time you reach 865, it's not helping you to build a stronger retirement nest egg. It's, it's a fact. Right? This is what's happening now in contrary to that way of doing things. What if you were able to pay for living expenses this way? So I'm just building some conceptual, but I'm definitely going to get into case studies. I'm going to love the case study. So this is again age 40 in this case. So let's assume they, they're building up pool of capital. And then once they have enough money in this pool of capital, this green line is the pool of capital, they don't have to go down to use that capital to buy the things. They avoid the downside and they're still able to use capital to buy the things that they want to buy. And their pool of capital continues to grow because they're able to buy those things via loans. So they're not withdrawing their money and coming down to zero. They're actually initiating loans. So when you initiate a loan and there's a pool of capital that you're building, it's going to continue to grow uninterrupted, it's going to compound for rest of your time on planet, it's never going to come down. And if you're able to access loans on your terms, without qualifying, without income verification, that's pretty awesome. And here's the best part about these loans that I'm going to talk about. You get to pay it back exactly how you want to. So you take loans, the pool of capital still grows, and then you pay the loan back. No different than this year. You save money in your savings account. The conventional way to buy the things that you want to buy and then use that money and the money comes down to zero. And to make sure that the money is available next year for you to do the same transaction, you start saving that money again into the savings account. No different than that, you start paying back the loan so that the next year the money is available again to reuse again. Because Those living expenses are due every year. But see what happens in this transaction. Visually, whatever you borrowed and you were able to use it once you pay it back, now you have bigger, more, higher pool of capital that you can access versus the last time versus when you took a loan. So you paying back. And once you pay back, you're able to actually access more than what you paid back, which means you're working towards a better, stronger financial future. And next year comes along, you take another loan and your pool of capital just continues to compound, continues to grow uninterrupted because you're using money as a loan to pay for vacation, property taxes, things like that, and to make sure that the money is available again next year to access for the same thing. You just make that payment back and you decide you have full control on the payments are no different than how you keep making payments into savings account. So the money is available again every year to reuse. You're just doing the same thing. And then the year after that you access money as a loan. All that wealth that you have continues to compound and then you pay back on your terms. If you look at this way of doing things, by the time365, you're way more than zero, my friend. And you're still able to use all the money that you wanted to to pay for the living expenses which are due every year. Property taxes, family vacation, charitable donations, car insurance, home insurance, investments. You did all that, but you ended up way ahead financially as compared to what I just showed you earlier. That's the infinite banking way, because you get to recapture the interest and you get to control the motion of money. So here's the case study, gentleman and lady. So it's a family, they're 46 years young. The objective is they want to do things differently. Now they already have done the things the conventional way of paying cash and borrowing money and et cetera, and they're not working towards better financial future for themselves. So they said, we want to do things differently. We read the book, we understand this concept. We want to work towards retirement ready. And each transaction that we have financially, we want to make sure that each transaction is actually working in our favor versus against us. They want retirement ready, they want to build a system or process to recapture the interest on all major living expenses. And they like the idea of controlling the motion of money, right? So this, that I described earlier, this is for that family. So we're going to focus on building a system where they can still use 25,000 every year for all this Living expenses. And they're still working towards better future financial retirement ready goal for them. So let's talk about the tool that we need to implement the process of becoming a banker, which can allow us to do two things. As I mentioned, Number one is recapture interest. Number two helps us control the motion of money. So this tool is called Participating dividend paying whole life insurance. Now the participating dividend paying whole life insurance has a few components. Number one, premium. Premium is your deposit. It's what you want it to be. So I asked if everybody's worth 77 cents an hour, which is 1500 per year. So that's going to be the deposit for this family. Because I literally asked that family the same question and their response was exactly your response. No, I can set aside $1,500 per year. I probably spend more on coffee per year. So I'm okay intentionally putting aside 1500 per year if it's going to help me build a bigger, better financial future. So premium is your deposit. Now the other thing that the policy has, because it is a life insurance policy, that's the underlying tool that we buy. So there is death benefit. And death benefit is just basically what it is. What it is. It's the benefit that is paid at debt. And that benefit is paid tax free to your loved ones. Then there's cash values. Now cash value is your capital which you can access while you're live. And cash values grow tax free on daily basis. It's grown by the insurance company on daily basis, tax free. And insurance company is on the hook to fulfill a very specific contractual guarantee which applies to this policy. And the contractual guarantee is cash values must match the death benefit by age 100. So whatever death benefit you start at, cash value will increase every day to match that death benefit by age 100. If the economy goes up, cash values go up. If the economy goes down, cash values still go up. Because what happens inside the policy is shielded from what happens outside the policy. Because this is a contractual guarantee, financial entertainment doesn't impact what's, what's in the policy. Now, by virtue of you owning a policy contract like this, you just don't own a policy contract. You actually call on the insurance company. So an insurance company which is a business, and when this business becomes profitable in a year or per year, they will give dividends. When the dividends are structured properly, which is exactly how we do, the dividend is tax free. So death benefit tax free, cash value tax free, dividend tax free and included contractual guarantees. So if you like contractual guarantees, and if you like tax free, well, you're going to love storing money here because your money must sit somewhere. Now, a policy owner can access money from a policy whenever they want because they own the policy, not the insurance company. To access capital, you can access your cash values. Cash values are growing every day, tax free or the other way to access money is via policy loans. Policy loans are 90% of cash value. That's basically how much insurance company will lend as a loan against a cash value, it's 90%. So you can access your cash value or you can access insurance company's money. If you're accessing insurance company's money, it's going to be your loan. Remember the curve that I showed you? We borrow money and the money still grows. That's basically the whole idea. We're going to take loans right now. Do you believe in earning uninterrupted compound interest? So when family earns income, isn't it true that all your income today is flowing through the books of someone else's bank and you're okay with it? That's a fact to consider. So the bank sees your money before you see your own money. So if you're building your own banking system, should you not be putting all the money into your banking system? Well, the answer is absolutely yes. But we have to build the system to get to that level, right? It doesn't happen overnight. Remember, no such thing as instant results, right? There's always processes that we need to create to get results. So let's just say family income and then we create systems premiums. And then I show three in this case because typically family wants to create a family bank banking system. Wife, husband, one child. That's typical scenario. So when your premiums go in, your premiums only does one thing and one thing alone, and which is it buys death benefit. And because of how this policy is contractually created, the moment it buys that benefit, insurance company pile up cash values for you. And because you have cash values, insurance company are also willing to give you money as a loan called policy loan, which is 90% of cash value. And these cash values increase every day to match the death benefit by age 100. And if the cash values increase every day, your access to policy loans will also increase on daily basis. So every day you wake up, your cash flows go up and then policy loans go up. Now the way we design policies is your death benefit is the moving target, is cash follows the leader. There's a really good book that we've all authored on it called Cash follow The leader. The leader is the death benefit and the cash is cash value. So when we keep increasing the death benefit, the cash value now has to grow even more. Insurance company is on the hook to fulfill that contractual guarantee. You only have to do one thing, keep buying more death benefit. And when you keep buying more death benefit, insurance company is just going to keep piling more and more cash value. If you want more cash value, just keep buying more death benefit, right? So the cash values keep increasing, which means the policy loans will keep increasing. So cash values must grow every day to match the death benefit by age 100. Now going back to the case study, so when it comes to premium, there's two components on the premium, right? So premium buys death benefit. We just covered that. But there's two components on the premium. One is called the required premium. Think about required premium as a foundation that you're creating to build more stories on top of it, right? And those extra stories on top of it that those stories are called deposit option. So those are extra stories that you can, those extra layers that you can put on top of the foundation, extra stories. If you think in terms of multifamily property, you buy those extra stores stories by the deposit option. And it's optional, it's not required. And in the policy like this, and this male is age 46, his family's age 46. So when we put in the base foundation of $1,500 per year, that premium, it creates room to put $5,000 on top of that as deposit option. Now together, required premium plus deposit option, that becomes total premium. So the total premium that can go into this policy, 6500, out of which 1500 is required, 5000 is optional. So again, this is a visual. So I want you to think about so you can think when Empire State Building was just getting set up, right? So they had to build a very strong foundation to build at that time the tallest building on planet earth. So think about that strong foundation that you have to build for your bigger, better financial future. And that is built using that minimum required premium, which is fifteen hundred dollars. And so you can see this black in the bottom, that's the foundation. This Black is the $1500 that you're putting in. And as that Empire State building, as they added more and more stories, think about deposit option going in and building more stories. If you are buying more stories on a multi family, which means you're going to build more cash, right? Because then you can rent out more apartments. It's a very similar scenario. So 1500 is the base. And $5000 on top is going to build that base into more stories, which means build up more capital going forward. But you cannot have a strong building on weak foundation. So the foundation is critical. That base premium, that base is critical. You must have heard the song, it's all about the bass. Even in this. It's all about the base, the required premium, which is fifteen hundred dollars. So the required premium is fifteen hundred per year. The deposit option. So we're going to put those deposit options into policy, which is 5,000 every year from the monies that they are already setting aside in bank savings account for the purpose of paying for those living expenses, the property taxes, those charities, those investment monies. So we're going to gradually move those monies that they already are setting aside in a commercial bank into policy, into deposit option. And then we're going to use the policy loans to finance those living expenses because they have to make sure that the money is available next year. They have to just pay back the policy loan, which is another way to save money. No different than that how they were already doing with the savings account. They were stacking money up, and then they were using that money to pay for whatever they want to pay and to make sure that the money is there next year, they were stacking money up again. They were repaying into savings account. Right. So they're recycling the money through someone else's bank. They're going to do the same thing, but through their banking system. And let's see what the outcome is going to be. The source of deposits are going to be all these living expenses that we're going to recapture. So we're going to build the foundation using required premium. Now, one thing that we did for this family is we backdated the policy so that we can start the policy one year in the back at age 45. Right there, 46. So today is November 2023. Insurance companies allow us to back it, the policy, by one year. So technically, in this case, we can get started in November 2022. If you think about this from logical standpoint, if you want to start compounding anything, when do you think is the better time to compound? Is it today or is it one year in the past? It's a rhetorical question, but the obvious answer is always the one year in the past. So if you're able to take advantage of that, then why should we not? Right. So we backdated the policy for one year. So they're not 46 anymore in the policy. They're 45. Although they're 46 today because we backdated it, now they're 45. And what you're seeing on the graph is, is the outcome from just that base foundation of fifteen hundred dollars per year, which is based on 77 cents per hour. So in the bottom you can see age, so ages. So we backed it 45. And then you can see very next year, year 246, year 347, year 448, year 549. And then year six. And then I just do five year intervals. And the key thing that I will focus on is also 865 for retirement ready. So the orange line is the cash value and then blue line is the death benefit. So there are fifteen hundred dollars that they're putting in as base premium. That premium is buying death benefit. And you can see based on how the policy is designed, every year the death benefit is increasing. And the death benefit is just what it is. It is a benefit that is paid at debt to the family. So if God forbid, something happens to this person at year five, age 49, the death benefit payout is $70,000. It started at 66,000. And this death benefit is going to be tax free. And every year going forward you can see the death benefit is increasing. And by the time they don't have to live till age 100, but let's presume they live till age 100. And if they live till age 100, their death benefit is 235,498. Now because the premium bought death benefit insurance company is not piling up cash values. And cash values is the orange line and cash value must grow every day to match the death benefit by age 100. Now I'm not showing you the values in the policy every day because it's just going to have way more numbers than what it can handle. Right now I'm just showing you what the values are going to be at the end of every year. So if we backed the policy to November 2022, just using today as example, and they put in the base for last, then basically this is the cash value today. So they start the second year today at age 46. So this is the cash value at the end of second year. Right? So these are the values at the end of every year. But today they're 46, they're just backdating it. So they're going to have 2006 in cash values just by putting the basic premium at the end of second year. And you can see the cash values increasing do you ever see the cash values go down again? It's a rhetorical question. The cash values can never go down because cash value must grow every day to match the death benefit by age 100. And at age 100, cash values and death benefit are exactly the same. 235,498. So again, economy goes down, cash values still go up. It's not interrupted with what happens outside. Again, we're just putting the foundation. Fifteen hundred dollars, right? We're just creating a foundation to build more stories on top. So 1500 multiple 21 years. So from age 45 till age 65, let's just say that's 21 years, that's 31,500. So if all they did was just put foundation and by the time they reach retirement, they're going to have 42,000, 829 in cash value. Yes, it's more than what they put in. Yes, it's not exciting to see they put 31 to get 42. But the basic of foundation is to make sure that everything is steady going forward. We're going to build more skyscrapers, we're going to build some more stories on top of that, and that number is going to increase and you're going to get excited about it. But that's just based on foundation that we're creating right now. So I wanted to make sure everybody understands this. Once we get into moving the monies that they have for already set aside for expenses, moving that money into policy and just to see what the outcome is going to be. So that's just the foundation. And that foundation is going to help build the process for the purpose of recapturing interest and for the purpose of controlling the flow over motion of money. Exactly what the banks do. All right, so sources of deposit options, as we talked about, it's going to come from all those living expenses combined is 25,000. Now we're just going to readjust all this and we're going to say, okay, we're going to start with property tax first and then charitable givings and et cetera, et cetera. And the reason why is because these are bigger numbers, right? 5000, 5000, 5000. These two are smaller values. 2500. 2500. Because the power of compounding is to put the maximum today so that that maximum is going to compound in the policy for rest of your time on planet Earth. So if you put more in the beginning, we're going to have better growth. If you put less in the beginning, we're going to have lesser growth. It's just logic. Now, because we backed the policy. So policy can accommodate. So we have fifteen hundred dollars per year as basic foundation. But on top of that, the policy can accommodate 5,000 every year as deposit option. Now, because we backdate the policy, we put 1500 for last year, which means for last year they can put $5,000 in, which is age 45. And for this year, because we're starting the second year now, they put the 1500 in, which is the basic foundation. On top of that, they can put another $5,000 in from, in this case, charitable giving. So we are able to take one and two, property tax and charitable giving and actually put into policy right away. One went for last year, the other went for this year. So that's $10,000 already moved and saved in the policy. And they had already saved that money to pay for next year's property taxes on next year's charitable giving. We just put that into the policy first. That's all we did. And once that money is in, the policy is going to continue to grow your death benefit because premium does what premium buys. Death benefit doesn't continue to increase your death benefit, which is going to by proxy continue to grow more and more cash value because your job is to do one thing, which is to buy death benefit. Because you buy more death benefit, insurance company is going to fulfill their contractual guarantee and actually pile up more cash value. So 1 and 2 are in the policy for year one. Again, we put 1500 plus the 5000. Year two, we put 1500 plus the 5000. So we are at year two, property tax 5000. And charitable givings are now in the policy. And we want to make sure that next year they're able to get access to this capital from the policy because they had kept that money aside to pay for those things for next year. Right. So let's see. So cash values at year two are 12,004. You can see right here, year two, 12,004. They need five plus five, which is 10,000, and they have access to 12,000. So this is cash value. Now, they're not going to use their money to pay for property tax and charitable giving next year. They're actually going to take a policy loan because they believe in uninterrupted compounding. If they use their cash values, if they take $10,000 off the cash values, their value, the cash value will go down. But they don't want to do that. So they initiated a policy loan at year two. Now, what they can access as a loan is 90% of the cash value. So what they can actually access is 10,800, which is 90% of 12,000. Now they only need 10,000 for next year's property tax and charitable giving. And they already have 10,800 in the policy. As a policy loan, the objective is met to have the money available to pay property tax and charitable giving for next year. The policy loan interest is 6.5%. So whenever you borrow money, there's interest. Because policy loan is not your money. Policy loan is insurance companies money. But remember, the whole idea is to recapture the interest. So let's see if this policy owner is able to recapture the interest and create a financial tailwind. So they need $10,000 for next year. They have that money, so they initiate a policy loan for 10,000. They don't use 10,800. They just take 10,000 of that as a loan. And then because they want to make sure that the money is available again next year to use, because they're going to need money for property tax and charitable giving next year, they just kept saving that money back into policy as a loan repayment. No different than how they would do it with a commercial bank. Right, you save up money in a bank and then you use that money for charitable and property taxes and then you have to resave that money again in a bank to make sure that money is available. It's no different than recycling money through a commercial bank. It's going to recycle money through their bank. And the way they can save more money is by paying back policy loans. And they control that. They borrowed 10,000, but they got to pay back 6.5%. So they paid back 10,650. The 650 is the interest on the loan. And let's see what happens to the cash values from year two to year three. Because they access money at year two and they pay it back from year two to year three so that the money is re available at year three. At year three you can see the cash flows are 13,958. So think about this. They paid back 10,650. 10,000 is principal, 650 is interest. But they're actually able to now access 13,958. So they recaptured the interest. No different than how banks recaptured the interest. They recaptured the interest because when they took that policy loan they never interrupted the growth of the cash values. Remember that green line I showed you? The money is growing as you take a loan and when you repay it back, you're Able to go back and actually access more money and they decide how to repay it back. And here's the best part, because they co own the insurance company, as they have a participating dividend paying whole life policy, that interest that they're going to pay is actually going to come back as dividends to all the owners. So they're also creating additional financial energy for the owner group at the insurance company, which also includes them. So do you think this transaction makes sense to pay back 10,006 50 and actually have access to 13,958 which is more than what they paid back, which means they cannot just next year go back and refinance 10,000 for another property tax or charitable giving. They actually have more money to do maybe more things there. Now if you look at what else did they create on this transaction? So they put $10,000 above and beyond the basic foundation that they had started with. Right. So they put 5,000 for last year as deposit option for property tax this year, 5,000 for charitable. So that's 10,000 above and beyond than the basic $1,500 that they've been paying to the foundation. Now let's see the impact of that on the policy. So at 865 now, their cash flow is a 70,739 just from the foundation itself. From the $1,500 per year, the cash values at 865 would have been 42,000. But because they put above and beyond that just for the two years now they've increased that cash value at 865 to 70,000. So think about it. They just didn't create a process to recycle their living expenses, but they also built a plan to have a stronger, better retirement ready future. At the same time, think about it. If they continue to recycle that 10,000 from a commercial bank, would they create any of this? No. But if they continue to recycle and prioritize building a process called infinite banking and recycle the monies from infinite banking, they're still able to use the money for what they want to use. Plus they create additional growth for future retirement ready. So extra cash values as compared to if all they was to do was put the basic $1500 per year, they would have had 42,000 retirement. Now because they put additional 10,000 in the first two years, 5,000 each year, they build up additional 70,000 in cash value. So 70,000 minus the base based on the foundation, that's additional 28,000. So they put in 10 and created additional 28,000 in future retirement, and that's tax free. And in addition to that, they also have a higher death benefit. So God forbid something was to happen to them at any of these years, they would have enough money coming back for the family so that the family can actually take that death benefit and continue paying those living expenses now, because someone has to pay it. So if they live a long life, they're able to recycle, do exactly what they want to do, but they're building a stronger financial future and stronger financial foundation for the family from the death benefit simultaneously. And you can see the cash values now with just putting in the basic 1500 per year. The cash flow is at age 100 was 235,000, and now it's $382,000. So we moved property taxes and charitable givings into the policy. Now we're going to move the family holiday money that they're setting aside every year for family vacation. So now we are moving to year three. So they only put once into policy for property tax and charitable giving. And then going forward, they're just recycling money, meaning they're taking policy loans. And by virtue of making sure that money is available next year, they're just paying back policy loans. Right. So they only put one deposit of that 5,000 and then 5,000 for charitable, and they're just recycling right now. And now a new deposit doesn't go in at year three, and it's going to be for the family holiday. Property taxes was 5,000, which we put in at year one. Charitable giving was 5,000, which we Put in at year two. And third year, we're just putting the 5,000 from the family holiday. So total that's gone in for year one, two, three is $15,000 right now. Cash values at year three are 18,008, 30. Now, remember now they need money to finance not just the new family holiday expense, but also the previous one, which was the charitable giving and the property tax, because these are things that they want to do every year and all those expenses equal $15,000. And cash flow values are now 18,830. So they have more than enough money to finance all that now every year through the policy. The policy loan at year three is 90% of cash value. So 90% of 18,830 is 16,947. And all they need is $15,000. So there's more than enough money for them to actually access 15,000. They don't need 16,947, so they don't have to access 16,947, they can access 15,000 as a policy loan, cover property tax for year three, charitable giving for year three, family holiday for year three, and then make sure that they just pay back the loan so that they can redo this at year four. So here's what's going to happen. So policy, loan and trust is 6.5%. They borrowed 15,000 because that's what they need. And they paid back 15,975. The 975 was the interest on the loan. And you can see the cash value now at year four is $20,000. So again, the question is, where can you pay back 15,975 into any bank savings account and have access to 20,947. If you know a bank, let me know. I'll put all my money there. So now at year four, they got more money, which means they can access more of it. It doesn't stop here. Here's what else they created, right? So they, they put in extra $15,000. Now, year one was 5,000, year two was 5,000, year three was 5,000. So total combined is 15,000. So they put extra $15000. Now, cash values now at year at 865 or 83,589. When they had only put 5,000 for year one and 5,000 for year two, it was 70,739. When they were just paying the foundation 1500 per year, it was $42,000. So you can see they've grown their future retirement at a bigger scale now, now extra cash value. So compared to just the foundation of 42,000 and the 83,000 that they have now, the difference is 41,589. So think about it. They were able to build a system to recycle now three living expenses, which equal $15,000. And in addition to this, they've created additional 41,000 just by putting 15,000 into a system like this, 41,000 for retirement. So are you okay putting 15,000 and still be able to do exactly what you want to do, but create additional capital for retirement ready of 41,589 just from that 15,000 that you put in. And the death benefit has grown, right? So two things can happen 10 years from today. Either you're alive or you're gone. That's it. If you're alive, you're going to have access to all that system to recycle all the money. And if you're gone, your family is going to have access to all that tax free death benefit because they still need to live. Where are they going to pay all those living expenses? Well, it's going to be coming from the death benefit that they can spend. Right. And you can see at age 100, which is the contractual guarantee by putting three expenses, 5,000 each, 15,000. Now the cash value at age 100 is 516. 516,000. When they had only put two, it was 382,000. When all they had done was just put the base, then it was 235,000. So everything is getting better. All they're changing is where the money is sitting now. That's all that they're doing. They're not changing their objective of paying for living expenses, but just by storing the money differently and using a different process, they're just creating better outcome for their family going forward. So 1, 2, 3. So we have, we have 3 of those expenses in now. Let's move the fourth one in. Right. Coaching and investment. So are you. Now let me ask this question. Are you setting aside monies for the purpose of maximizing RSPs, TFSA investments, etc, etc. Now you have to first save money before you put those monies into investment. Impressively, you're saving those money in a commercial bank. This family is going to do the exact same thing of saving money to make sure that the money is there for the purpose of investing, but they're going to save that money first in their bank. So now we have four living expenses of savings moved into policy every year. So first year was for property tax which was $5,000. Second year was charitable giving, 5,000. Third year was the family holiday 5,000. Fourth year is the money that they're setting aside for self development or investment, which is 5,000. So now that money has gone into policy. So we need every year going forward $20,000 to finance from the policy because this is something that they want to do every year. So if you look at cash values at year four, now year four cash was at 25,798, which is more than enough money that they need to do all these things, which is $20,000. The policy loan, which is 90% of cash value, which is 25,798. You can see it right here. Policy loan, 90% is 23,218. Policy loan interest is 6.5%. So all they need is $20,000 every year. They can access 23, but they all need is 20,000. So they access 20,000 at year four. So they're able to have access to 20,000 in year four. So they're able to pay for all that at year five, the property tax, the charity, charitable giving, the family holiday, and the coaching and investment. So they do that by initiating a policy loan and then they repay the loan back. No different than how they would refill the money in the savings account to make sure the money is available next year. They just did it by paying back policy loans. So total policy loan repayment is 21,300. So they borrowed 20k, paid back 21,300. That 1,300 is the interest. Now they paid back 21,300, but they can access at year 5, 28,000, 4, 60. You can see that number right here. So they're recapturing the interest on the loan repayment because the policy is growing beyond what the interest is, because the process is built to recapture the interest. So they're able to still move ahead financially and simultaneously as they're recycling money for not doing four things. Look at what happens at retirement ready time, which is 865. So what else did they create? So now at 865, the cash flow is at 95,729. When they move four things into policy four, expenses. When they had moved three, it was 83,589. When they had moved to, it was 70,739. When they were just paying the base, the basic foundation, it was $42,000. So extra capital that they moved in year one, year two, year three, year four, 5,000, year one, 5,000, year two, 5,000 year three, 5,000, year four, that's $20,000. Now, extra cash values that they've created for themselves is 95,000 minus 42,000, which is 53,000. They are able to build now a System to finance 20,000 in living expenses every year. So they're not changing the goal. They're able to do everything that they want to do, but in addition to it, they've created 53,000 extra just by putting the 20,000 into policy, 53,000 extra above and beyond what they originally had at retirement time. So when you build a system to recapture interest, when you build a system to control the motion of money, you will automatically create a better future retirement for yourself. And cash value is at age 100. So now, because they moved four things, it's 581,000. When they had moved three things, it was 516,000. When they moved two things, it was 382,000. When they had just the basic foundation premium five, 1500 per year, it was 235. So you can see because they keep putting money in and money is going in as premium and loan repayment. But the deposit that they're putting into premium, that premium buys one thing and one thing which is increase the death benefit. So the more death benefit they have, the more cash value insurance company has to grow. Right. It's just very simple. All right, so they moved 1, 2, 3, 4. Now, interesting enough for year, for fifth and sixth, it's 2,500 each. And per year they can put $5,000 into deposit option. So they actually did that in one year. So year five they were actually able to move both that simultaneously. Right. Because the policy can accommodate it. So let's see what happens now when they moved two more, which is all of their living expenses that we have considered for this example. So all that is now moved into policy. So property tax 5000 which was moved in at year one, chartable giving 5000 which was moved at year two, family holiday 5000 which was moved at year three, coaching and investment which was moved at year five. So year four and then the Christmas and holiday car, all that 2500 plus 2500 is now being moved into policy, into deposit option at year five. Because the policy deposit option room is $5,000. Combine all that is $25,000. So now the system is big enough for them to recycle all these living expenses per year from the policy. It took them five years to get there. But ask yourself this question, is it worth it? And if they don't do this, they're still going to be five years older and they'll have nothing if they do it. They're still five years older, but they got way more than what they originally were going to do. All right, so let's see. So cash values at year four at 25,798, we're going to be at year five, not 33,323. So that's a typo, just should be 33,393. But even if you look at year four value, they still have more. Well, they almost. But at year five it's 33,323. So this should be 90% of 33,323. My apologies. But let's, let's do that math together right now. 33, 323. This is the cash flow at year five which has been grown because they moved all those deposit options in by, in five years. So they got access to 33,003, 23 as cash values, and they can borrow 90% of that as a loan. So they can actually access $30,000. I've just copied this from the previous slide, so I forgot to update it. So my apologies. So they have $30,000 in policy loan available, but all the need is $25,000 in policy loans because that's amount of money that they need to recycle from the policy. Right. So if they take 25,000 in loans and insurance from the insurance company is 6.25% interest that they're going to pay over the year is 1560 1005, 62. Plus they're going to repay the principal. So the total money that they're going to pay back is 26,005 62 from year five to year year six. And you can see once they repay the loan back at year six, which is 26, 562, they actually have access to 36,577. So again, they repaid 26562, but they're able to access 36,577. So where else can they repay 26562 and actually have access to 36,577 now they get access to more money. Well, it just doesn't end here. So extra capital that that they put into policy now is 25,000. So year 1, 2, 3, 4 5, they moved all those living expenses one by one into policy 5,000 every year. So they've moved $25,000 cash values at 865, at 107,249, which is the impact of moving all of those living expenses. And prior to that it was 95,000. Before that it was 83 70. And we've gone through all that. Right? 107,000 in cash values at 865, minus what they recently had, just based on the foundation of 1,500 per year that they were putting in. That's extra 65,249. So now they built a system to recycle 25,000 of living expenses every year, no different than how they were doing with the bank. They were able to do all that with the bank, but they're still able to do it better with the policy. They haven't changed the goals, but in addition to that 25,000, they've created 65,000 on top of the original policy foundation at retirement. So they were able to do everything that they're going to do, but more. And not to forget the death Benefit that has been increasing and climbing because that day will come when this person is not going to be on planet Earth because nobody has a lease on life. Everybody has a best before date. They just don't know what the date is. Now moving all the expenses, recycling money for the things that they want to do. Plus we talked about retirement age 65, but I want to talk about another important thing. So. But they stopped putting deposit options after year five because they only had, you know, six of those expenses. And two of those expenses, 2500, 2500 each, were actually moved at year five. And then prior to that the remaining four expenses were moved. So they only were moving six of those expenses, which they were able to do in year five, five years, starting year five. So in between year five and six, or starting year six, let's just call that. So after year five, they stopped putting that extra $5,000 that they were putting into policy. Right now the cash value growth from year five to year six is 32, 54. So basically 36,577 minus 33,323, that's 3,254. So if they actually put the basic foundation premium from year five to year six of 1500, the cash value growth is 3254. But all that extra deposit option, they stopped putting after year five because they moved all that money in five years, which is 5,000 per year on top of deposit option. But after year five they're just putting the minimum premium in. But that minimum 1500 created a cash value growth of 32 to 54. Would you be okay to continue to put $1,500 per year into, as a deposit into this policy where for 1500 you put in, you actually are able to now not just grow 30 to 54 from that year to the next year, but actually able to access that 3254 also if you need more money. So yes, they should put 1500 into policy every single day and twice on Sundays to get access to 3254. Now that's just from year five to year six. For every year going forward as they put $1500, they're actually going to be able to access more than that because the power of compounding. So we've moved all the monies, all those living expenses into policy and they were able to still do exactly what they wanted to do, which is to make sure that the money is available to pay for these expenses every year, while they were able to do some other great things in addition to that. Right. But if they continue doing this the conventional way, they'll still meet those objectives, but they'll have nothing else to show for it Now. Infinite banking concept. And again, I'm just going back to the theme that we have today. Infinite banking concept is not just for rich. Infinite banking concept is all about prioritizing intentionally the flow of money. It's going to need coaching and that's what we are going to be here for, coaching you every step of the way. And it has nothing to do with how much money you have. What you have is great. Let's just recycle that money differently so that it actually performs better and as a financial outcome for you. We're not talking about changing your objectives or changing your cash flow or taking on any risk or losing control over your money. In fact, it's all in the opposite that we're talking about, which is saying get more control. Protect your wealth against manipulated stock market. Protect your wealth against taxes. Protect your wealth against banks and the government. So just recycle it. Like a banker. It's as simple as that. Most important thing that anybody has to do is one thing. Rethink your thinking. And once you start doing that, you will see for some reason the magic starts to happen and you, you have the solution right in front of you. Please set aside intentionally time for think. Everybody should be becoming their own banker. We need it today more than ever before. Please don't keep this a secret. If you know someone else, your brother, your sister, your business partner, your friend, your colleague who can benefit from the education that we provide share. So here's what you got to do. Text the word schedule to 780-809-4599 and then that's what it takes to take the first step in the discussion. And it's going to be good. 1. Thank you so much for giving me an opportunity to share this. And we want to do more of this content as a team.