Becoming Your Own Banker | Paying Debts Will Never Be a Problem To You!

Human behavior is something super critically important that can change the way you're building your wealth. If you have a tool, you can use it properly and build something with the tool or use it properly to achieve your objective. But it is a human behavior that can actually improve the work. For example, if you're like a carpenter, your skills can help you build something beautiful from this. And what you do with this tool actually changes everything. Objective for this presentation, the number one objective is to review how we think about finances. Number two is I'm going to show you what the problem is of using the traditional banking system. And number three is to help better understand the solution. We will also review a case study and I will share my family banking system, what it looks like after three years of getting started. So what is a family banking system? So Nelson Nash is a discoverer and the creator of the infinite banking concept. He shared that for most folks, it's a major paradigm shift. So we used to think about money in a different way, in a traditional way, the infinite banking concept. To understand it, you need to have an open mind. You need to think out of the box, right? It is very simple. It's ridiculously simple. So in order to understand it, you just need to understand the problem and the solution will be clear for you. Nelson Nash had five golden rules. Number one is thinking long range. So thinking long range is not looking for instant gratification. It is not looking for something that I can take out of this concept today, how this can help me, it's like a silver bullet that can help me solve my financial problems or something like that. It's not that it is thinking at least one or two generation past yours. So don't be afraid to capitalize. Is number two, Nelson would say that if you want to have a solid system, you want to put deposits into the system, you want to be able to capitalize the system. Don't steal the piece. And if you look at those five golden rules, you will notice that they all are actually talking to you in terms of human behavior. So human behavior is something super critically important that can change the way you're building your wealth. If you have a tool, you can use it properly and build something with the tool or use it properly to achieve your objective, but it is a human behavior that can actually improve the work and your behavior. What you do with this tool actually changes everything. Number four rule is, don't do business with banks. Our objective is to help you become your own banker. Not to achieve your banker's objective, but to achieve your Objective. And number five, rethink your thinking. So Nelson Nash was a person, an individual who actually created the infinite banking concept. There was a great film recorded just before he passed away in 2019. If you haven't watched it, you have an opportunity today to go ahead and save this link to watch later. It's about one hour long movie about who Nelson was documentary film I would say. And Nelson wrote a book which is titled becoming your own banker. Have you read this book? The book was written in the year 2000 and it was sold over 500,000 copies so far. Do you want to know why? Because it works. Infinite banking concept is an exercise of imagination, reason, logic and prophecy. So you have to have imagination to understand how you can use this system and what it can help you create in your life and business. So how can you revolutionize your finances with a family banking system? Let's talk about the word itself. Revolutionizing the what is that? It is changing something radically or fundamentally. Something existed before and then there was someone who decided to revolutionize it. Meaning that they will change it radically or fundamentally in order to achieve an objective. So the Wright brothers revolutionized the way people fly. They did not invent the laws of physics. They just invented a new way to use them to their advantage. Many people are skeptical, right? So they would say, you know, people cannot fly, it's impossible. But the Wright brother said, yes we can. We just need to have a right tool. Another set of people would say, you need a bank to save or to finance things that as it relates to your needs. But Nelson said, no, you don't really need a banker to warehouse your wealth. You can become your own banker. So Nelson Nash did not invent banking. Banking existed way long before Nelson discovered it. He just discovered a new way of solving for family need for financing as it relates to their needs. So what is a traditional way of banking? The traditional banking system wants us to work hard and get paid when we get paid again. It's not about just for employment or working for someone. It's also about your business. You get income coming in so you have to have a place to deposit it somewhere. The banking system is in place because it is so easier to make transactions with the banking system, right? So there is a someone else's bank that was established way before I opened an account with this bank. When I deposited, then I need to pay for my bills and expenses. And the problem number one here is that when I pay my bills and expenses, the money is leaving me. Let's say I don't have money to pay for my bills. Let's say I only have money to pay for half of my bills. Some people have enough cash to pay for all their bills. Some people don't have enough cash to pay for for all their bills. So they will borrow, right? So the bank will also provide them an option to borrow. And what it entails is paying interest, right? So, and then let's say we paid all our bills and on average, people save 5 to 10%. And then what's left is being either invested or put into some sort of, you know, savings place. The clients of the bank would actually seek a higher rate of return in order to increase their investment. So to make sure that their savings work. And when they do this many, many years, they hopefully want to retire. And if there is enough money to retire, they retire. If there is not enough money, we all see a lot of older folks who actually are still working, probably because they cannot retire comfortably right now. If we talk about the banking function, in every transaction that happens, there's always four characters in a financial play. There is a depositor and there's a borrower. The depositor needs a warehouse for the capital. The depositor needs a. Needs to put money somewhere. The depositor needs to put money into some safe place. And he also wants to grow equity. But with the traditional banking system, it's almost impossible because regular checking accounts provide liquidity and convenience, but they don't provide growth of the capital. And then you need to take money and pay for stuff to buy a car, to pay for your mortgage. Sometimes you need to borrow money, right? So you need to borrow money from the bank. So the borrower needs access to cash. And if they don't have enough, they borrow. And they need to pay interest to the bank owner. So someone else is your banker and a bank owner. It's not usually you, right? It's not yourself. So once you put your money into the bank, there is a banker and the banker provides access to cash. And the banker is responsible for growing the banker's equity and controls in terms of financing. The bank owner is a fourth character who is established this entity. The banker has the warehouse of the capital ready for you to deposit money into. And he makes money by charging interest. The banker is the beneficiary of all the money that is coming in. There are four of them. The depositor, the borrower, the banker and the bank owner. And then you're all familiar with the process of banking, but the problem is that you're not controlling it. But guess what? There's always someone is who is controlling it. So when you have your bills to pay, you got your money, you got your payment, paycheck, business profit, whatever it is. Let's say you have expenses, furniture, vacations, clothes, chiropractors, car payments, credit cards, appliances. You need to pay those bills. So now money needs to leave you. So which direction is money living going? Is it to you or is it from you? The answer is obvious. Red error showing that money is leaving you. So all these dollars is actually lending into someone el else's checking account or wallets. And now you paid those bills. Awesome. Great job. But where's your money? You may be wondering, where's my money? Now ask yourself a question. Who is the banker in your life? Is it someone where your money is going? Or is it you, the banker, who provides access to cash, who is responsible for growing the banker's equity and controls the terms of financing? Who is the bank owner? Is it you or someone else who has the warehouse of capital and makes money by charging interest? You need to understand that everything, every single transaction you make is a financing transaction. You're either paying cash or borrowing money to pay for things, right? So if you're paying cash, you need to save up this cash. And then when you saved up, then you pay your bill or your expense, your purchase. Now if he was to save up cash for that, then all this cash is gone. Now he has a MacBook. But is he losing interest? The answer is he's losing interest. So by paying cash, you're actually losing interest, which is financing decision. When you borrow money, if you don't have cash, you don't have to wait until you save up for this expense. You can spend your credit card right away, you can swipe your card, and then it comes with a high cost because you are paying interest. And all this paid and lost interest is leaving you forever. It's never coming back to you if you're not the banker. In terms of moving forward, when you're walking, which vehicle, which tool will help you move forward faster? Is it a treadmill or is it just your feet? I would say that this picture represents someone who is paying cash and the lady walking on a treadmill represents someone who is borrowing money and then paying interest and then pretty much, you know, arriving at zero all the time, right? So is there a third option? Is there a better option? This is a big question. So you need something that pushes you forward like a tailwind, right? So what can it be to, you know, to help you move forward faster? And the answer is there is a tool which can help you walk faster. And it's called a power boots or power shoes. And that saves a lot of energy for you. And the solution for that is uninterrupted compounding. This is something that pushes you forward. This is something that Nelson would say creates a tailwind in your life, right? So how does it move you forward by daily growth of your capital? So that's how infinite banking can help you move forward. The financial tailwind is all about recapturing the interest you're either paying to banks or losing by paying cash. Now if you have this financial tailwind and the payments now come back to you because you are the banker in this transaction and the direction of payment you see is changed. Now not only you paid for these expenses, but the payments are actually coming back to you as a financial tailwind. And you have money and you also paid for these expenses. So let me ask you, are you committed to creating this financial tailwind? And you will learn how to get started. And the tool is participating and dividend paying whole life insurance. So you are not limited to just one policy. It can be a policy on a wife, can be a policy on a husband, can be a policy on a child, can be policy on a second child, right? So it can also be a policy on a business partner in your business. It can also be a policy on a key person in your company, right? So there is a personal policy you can create, there's a policy in your business you can create. And all these policies create your family monetary system. So you can also insure every person in your life several times. So you can also create a second policy on a wife, second policy on a husband. And that all creates one pool of banking where I can tap into every of those policies and borrow from it and then pay it back on midterms. Let's look at the properties of this tool. Number one is premium. Think of a premium as a deposit in a bank. It can be annual or monthly. It doesn't have to be just annual or just monthly. It can also be quarterly. You as a policy owner, you decide on what the premium is. So the premium, what it does, if it's structured properly, it increases the death benefit every single year. Cash value, there is equity inside of your policy which is growing daily. This is exactly the financial tailwind which creates ability for you to borrow against this cash value. There is a tax free growth inside of the cash value. So the cash value also represents the net present value of the future death benefit. The Policy owner can actually increase the daily growth based on their behavior. You need to understand that cash value is not money, it is capital. Right? It's like a commodity which can be easily converted into cash. That benefit, it's third component of the tool of the participating dividend pay and whole life insurance. And it is received tax free to the named beneficiary of the policies. Also that benefit provides protection to the family in the case of the life insurance passes away. And then the fourth one is a dividend. So dividend is a divisible surplus distributed between all the policy owners. And it is based on a contribution principle. If structured properly and designed properly, the dividend will be tax free. And once it is declared, it can never be repossessed or lose its value. So let's look at a case study. Meet Jackson and Marcia. They are young family. So before they discovered the infinite banking concept, Jackson was 35 and Marsha was 34. They have two children. Jackson is in sales and he's getting salary and commission and Marcia doesn't work. So Jackson's gross income is $95,000. And Marsha gets Canada child benefit for her children and that's coming up to $1,100 per month and then that is tax free. So the gross income for the family is $108,200 and then total net is just under 90,000 after the taxes are paid. So once they discovered the infinite banking concept, their objective of building wealth, they had four objectives, main objectives. Objective number one, they needed family protection. They didn't think that they need life insurance before, right? So when they came to see an advisor, they actually said that it is super important for them to have protection in case something happens to them. They want to have a peace of mind if an unthinkable happens. Number two is passive income, right? They want to make sure that when the time comes for them to retire, they will have enough to support their lifestyle at passive income time. They also want to have access to capital. They also wanted to recapture car they leased. They also needed an emergency fund in case something breaks down. So if you have access to capital on your terms, if you are the banker in this transaction, then you can control the repayment schedule, you can control the amount of payment and stuff like that. And objective number one is to leave a legacy. They want to pass on legacy to the children taxed effectively. Let's look at their current assets and liabilities on one page. So the current assets, they have 5,000 in a bank and there's they're contributing about 11,000 per year. That's just under 1,000 per month. They put it in a bank account. Asset number two is investment. So basically they have a tax free account where they have the balance of $65,000. They're contributing 13,000 per year. Basically they're maxing out their TFSA for two people. For the last couple of years, their rate of return for the Investment has been 4.1%, which is not bad. Current liabilities, the mortgage is 395,000. They're making payment every month. The second liability is a car lease. The payment for the car lease is $830 per month. That must be a very good car for them. And all this money is leaving them every single month. All this money can never be re advanced or used again. And the interest rate on a mortgage is 2.5% and that is fixed rate. And when you look at this interest rate and 2.5% and 4.1%, do you think they're doing okay? Looks like their investment is doing pretty well, right? 4.1% versus 2.5%. So if you look at the profit they made last year on 65,000, it comes to 2,600 to $65. And the interest paid for the mortgage is actually 22,500. So how is that now? Does it remind you this poor dog that is trying to move ahead, but it's just, in fact, it's just coming back all the time. So that reminds me of this family. They are doing okay, but then all the interest that they're paying to banks is actually being lost and it's just bringing them back. So let's look at the current assets and current liabilities. The profit they made is 26.65 and the interest they pay, 22,500. So my question to you is, should Jackson and Marcia focus on increasing rate of return on their investments or should they learn how they can actually stop losing interest? No matter how you try, what rate of return should you look at to actually make up for the difference? I think it's almost impossible. And they actually discovered that there is a way to recapture this interest that losing to paying to banks. So what they did was they opened up two life insurance policies and they put all of their tax free savings account, they withdrew it and they put it back. They put it into the policy as a first payment. The premiums after they put all the money into the account was $12,000 per year. So how they did it, the policy character this way. So the premium is $12,000 for Jackson and $12,000 for Marsha. The minimum payment for Jackson is $4,700 per year, and the maximum premium is $21,150. So in the first year, they maxed out Jackson's policy and Marsha's policies. It's exactly the same. By the way, Marsha has additional protection for the children. So they didn't decide to open policies for the children right away, but they want to do it anyways. But just to have protection for the children, they put a additional protection on her policy. And now it comes to the same exact number. So they put 21,150 immediately. And because they backdated the policies, they actually put two of these premiums right away. So it comes to 42,300. And then later on, they paid $12,000 each. Starting death benefit is $762,000 for Jackson and $798,000 for Marcia. The cash value in the same very same month when they paid it, the cash value in Jackson's policy is 25,400. And the daily growth is $9.50 every single day. The cash value increases every single day in Jackson's policy. Loan available in Jackson's policy immediately is 22,860. And in Marshall's policy, it's very similar. In the same month when they started these policies, the cash value is 25,500 and the daily growth is $9.60. And the loan available is $22,860. And in the first year, they paid $66,300 in premiums. Next year, they paid $24,000 in premiums. The minimum number, the minimum payment they need to Pay is actually $9,431 per year. That gives them flexibility, right? So they decide how much to put in. If they want to put in the maximum amount, then that will just make every number on the policy better. Total death benefit for Marsha and Jackson is 1.56 million. Right. Now, as you can see, the starting death benefit was 762 and 798. But if you add these numbers, you will see that this number is actually lower than 1.56 million. Right. Why is that? It's because by starting this policy, by giving all this energy to the policies in the first year, they actually increased the death benefit right away. And the cash value in two policies combined is $50,800. And loan available is 90% of that. So if you multiply 50,800 by 90%, this is how much they can Borrow from the policies in the first year and the total cash value growth is $19.10 per day. They decided to take out a loan immediately to recapture a vehicle lease payments. So the residual lease balance on the lease was $39,000. So they have 47 months left to pay. If they didn't do it, they had to pay almost four years. And the monthly lease payments is $830 for the amount of $39,000 and paid it off completely. Now the interest rate on a Policy loan is 6.5% simple annual interest. Total interest value on two policy loans cumulative is $2,535 per year or $6.95 per day. This calculation is based 39,000 loan by 6.5%. It comes to 2,535. Imagine that they never made a single repayment. Right? The amount of interest is being added to the principal every day. But they don't have to make any minimum required premium. It's just been added to as an outstanding balance. So the loan is 695 per day. They redirected their payments of $830 to pay for the policy loans right now because they paid off the lease payments now they don't have to pay them. And from the cash flow 830 is now freed up. Right? So they can actually take this the same cash flow and redirect it to their own banking system. And they decided to pay the payments back for 60 months. So initially they wanted to pay it 47 months. But when you pay more and then you pay longer then you're basically feeding your system with more money. And your system is overall growing faster. And it is much more sound business. Let's look at what happens after first month they paid off the vehicle lease. They made their first payment to the policy loan. $830 goes back into the insurance company as policy loan repayment. Cash value increased by 573 in one month. Because the daily growth is $19.10 per day multiplied by 30 days that's 573. The interest on the loan for one month is $211. That's by multiplying 695 daily interest by 30 days. That's $211. Total loan available actually increased by 1134. So they made made a payment of 830. But the loan available increased by 1134. This is a calculation 830. The payment is completely re advanceable if they want to plus 90% of the cash flow increase minus 211 that comes to 1134 dollars per month. So after one year of them implementing this strategy, they have been paying those lease payments back to their system. Now the net worth increased by $13,608. Compare this number to 2265 profit they were getting from the TFSA investment. They completely recaptured their cashless payments, including interest. Did they work any harder? No. Did they have to take on any additional risk? No. In fact, they actually got rid of the market risk by selling the investment. They didn't need to pay more taxes and they just needed to change the flow of money. They are becoming their own banker. That is a revolutionary change for them. Right. By doing only one simple step, which is redirecting their savings and discretionary income into 2 par participating whole life policies, they were able to significantly reduce the financial leakage. So this helped them to change the way they were financing their family expenses as it relates to their needs with a significant result. So let's look at what they achieved after five years of doing exactly the same. So policy loan of 39,000 is completely paid off. The loan is recaptured. The loan amount of interest is recaptured, $10,718. So all this amount of interest would have been otherwise lost to the banking system. The premium paid totally was $138,300. The total cash value after five years is going to be $142,040 into two policies. Total loan available is $127,836. Total death benefit in five years was $2,006,500. They are paying the premium still of $24,000 which is $12,000 each for two policies. The total cash value goes up by $30,980 per year from year five to year six. That increases their net worth by 6,980 just in one year. After ten years, so they're still paying the same premium. 12,000 each, 24,000 for two policies. The total cash Value goes up by 39,187 per year. From year nine to year ten, the net worth increases by 15,187 within just one year. If you compare year ten and year five, do you see the trend? Do you see what's happening? The net worth increases whatever dollars they put in. It gives them life steam. Nelson would say that it is a life steam where the system produces more and more and more money. Whole objective of the banker is to feed the system with more and more cash. It's not a payment, it is a solution that creates more cash value now, after 20 years, they're paying premiums of 23,608. By the way, it is going a little bit down because they can do so. So they chose to actually a little bit decrease their payment. Can it go up? Of course it can go up, but based on their decision, it can also go down. They have flexibility. The total cash value goes up the same exact year by 62,311 per year from year 1019 to year 20. Look at how much they put in. And look at how much the cash value increases in just one year. The net worth increases by $38,703 just within one year. So at this point, the total cash value is 818,000 and the total loan available is 736. Because they've been doing this for 20 years now. The total cumulative premiums paid are 494 and $300. The total death benefit at this point is $2.2 million. That is the power of compounding. Let's look at their objective of building wealth. So did they achieve their objective of building family protection? Yes. Do they have access to capital on their terms to finance large expenses in the family like cars, vacations? Absolutely. They can even recapture their mortgage completely. Right. So did they recapture their car lease payments? They did. If there is a family emergency, can they travel internationally? Of course. They can do anything they want. And if there's an opportunity, can they take this opportunity and increase their the net worth even further by creating a new source of income? Of course. Now let's look at passive income at retirement and leaving a legacy. So after 31 years, they actually decided to take passive income. And Jackson at This point is 66. Marcia is 65. The total cash value is $1.737 million. So they decided to stop making premiums. They have option to continue, but they decided to stop making those premiums. And they wanted to collateralize the policies with the bank. So next year they started pulling passive income from the bank. And the bank opens a line of credit for them. And that is tax free because it's debt. The Passive income is 46,905 for Marsha and 47,945 for Jackson. Altogether, passive income is $94,850 per year. And that is tax free. So the whole objective for them is not to service the debt. The interest is being accumulated and added to the principal until they die. So what does the passive income look like for Jackson? So when he starts taking this passive income, he takes it for 23 years. And he passes away at 89 years old. Total combined amount that he receives is $1.1 million. The net estate value, which is a death benefit after the bank loan is paid off, and that amount is 958,600. After the loan is paid off, he put together put into his policy $381,150. And the total money out of this policy is passive income tax free. $1.1 million plus almost a million dollars death benefit that the family receives. That comes to more than $2 million. $2,061,335. And that is tax free because that benefit in Canada is tax free passive income for Marsha. So Marsha receives passive income for 25 years and passes away at 90. So the total passive income received is 1.172 million. And the net estate value after the death benefit pays off the loan at a bank is $1.127 million. So cumulatively, Marcia paid $377,808 as premium for 31 years and money out. It happens to be a round number. So it's $2,300,000. So it's $1,172,000 the passive income she received and also 1/8 million she left behind as net estate value for the family. This amount is actually six times less than what she received. My question to you is now how much money do you want to put in your own banking system? Is an alternative investment an option even for such a passive income? The investment has to earn constantly 6% net of taxes, net of fees for 56 years in a row. 6%. Do you think it's realistic for 65 years in a row? Definitely have one person chiming in saying no way, let's see, never. So also this investment has to provide access to liquid cash on demand without interrupting compounding, which is very hard with an investment. But it is a option with the whole life insurance. Also, there's no death benefit other than just account value. There's no family protection. But whole life insurance actually has this death benefit. If such an investment vehicle was a thing, can you imagine CRA actually not claiming its share of this investment? If you know what can do better than participating whole life insurance, please let me know. Because provided the same equal risks and the same terms and benefits, don't know if there is any alternative investment to be compared to this vehicle to provide for this passive income. So they achieved the objective of making sure there is passive income in retirement. And that is only going up. It can never lose its value and to leave a legacy. They also achieved an objective because just the legacy itself was much more than whatever they put in as a premium. So if Jackson and Marsha did it, so can you. Now I want to address Nelson's book again. I want to open page 65 from this book and address the question, how do I get started? And the most important word that comes to my mind is desire. Without it, you probably cannot do it. Remember Parkinson's law. Everyone is already spending all financial resources on what he thinks is best. There has to be some honest introspection at this point. And a commitment to get out of financial prison must be a burning passion. So in order to get started, you need a desire and a commitment. Text the word schedule from your mobile phone to 780-809-4599 to book a call with one of our amazing advisors. And we will help you get started. We will help you better understand the system and the concept itself. Let me introduce what my family bank looks like three years into the process, back in 2020, this is where I discovered infinite banking for myself. We had a baby. His name was Rudolf Nelson. So my son was 15, my second son was 14, Eugenia 12, second daughter 10, third daughter eight, and then son five, and then a newborn. And I have my amazing wife Natalia. And this is what this system of policies looks like for us when we just opened it, right? In 2020, I opened eight policies. One for me, bigger one, the bigger one. And then I opened small policies for my children, 1200 each. As you see, your policy doesn't have to be like 20,000 or 50,000. It can be as little as 1200, it can be as big as 15,000. It's up to you to decide, right? So I decided my number was about 25, $26,000 per year. And I basically broke it down between eight people. And by the way, you don't see my wife here because for her I decided to do just a term insurance for now because she wasn't working. But I wanted to make sure that she also has protection. So my starting death benefit for me was 1.7 million. And my every of my children also had death benefit. But my cash value, my total cumulative cash value from all eight policies three years ago in 2020 was $11,400. So I put in 26,000 and immediately have access to 11,400. My daily growth from all these policies initially was $12.80. Let's look at what the same policies look like three years later. So the same policies by the way I have 12 policies now, but now I'm showing eight policies only to show you kind of the difference. The change. Three years ago I put in 26,000. Now in three years I've put in $78,018. The asterisk is showing that this is only for the same policies. But on top of that I also have additional policies. My total death benefit increased from 2,187,000,000 to 2,000,386. So where did the $200,000 additional death benefit showed up from? It showed up from me properly structuring the policy so that my death benefit always goes up. My total cash value increased from $11,400 to $53,109. My total daily growth increased from 1280 to 2432. So every year I make sure that my daily growth increases by controlling my behavior. Let me show you how we used the policy loan. So far, all these words represent at least one loan. So my first policy loan was used to finance her braces. I'm feeling so comfortable knowing that not only we financed this expense, but also we recaptured all the interest that would have otherwise left my family forever. We also financed Mazda, Mercedes van. We financed Honda Civic. It's the third car that my son actually took a policy loan for. We financed home insurance for 2022. We've financed home insurance for 2023. So how this works is basically take a loan and I pay my home insurance bill for the whole year and then I start making payments back to my system. We finance trip to Florida. We finance car repairs, Ikea furniture to Apple watches, lawyers expense. Because I opened my corporation, digital camera, property taxes, car insurance, hot tub. So far a lot of money is flowing through my system and recapturing all the interest. So the expanded banking system. This is what it looks like. Total number of policies is 12. So I started with 8. Now it's 12. The number of life insured is 9. Total death benefit now it is $3,950,000. Total cash value is $109,100 right now, just in three years. I have outstanding loans on 11 out of 12 policies. So the total daily cash value growth is 5,740. That's including my all policies, not just the ones I started with, but also the new ones. So that if you multiply it by 365 days, that's $20,900 increase of the net worth per year. And monthly loan repayments I'm sending back to the system is $4,300 and I recaptured thousands of dollars of interest. So let's do a maximum borrowing test. My loan available up to the maximum is $98,190. So that's 90% of my total cash value, which is $109,100 right. Now let's see. If I borrow maximum amount from all my policies, will I still have a tailwind? Interest on policy loans is actually 6.5% simple interest daily interest calculation. So if I borrow maximum from my policy loans and that's 98,190 multiplied by 6.5% simple interest, that comes to 6,382 per year. And if you divide it by 365 days, that's $17.49 cents per day. My total daily cash value growth is 5,740. Do you see the difference? The difference is my tailwind monthly loan repayments is 4300. So loan available goes up every month by 53, 25 each month. Why? Because I can recapture all my loan repayment again if I need to. And there's another $1,025 on top of that because I'm getting my cash value increase. So 1550 comes from $57.40 each day times 30 days and multiply by 90% it comes to 1550 plus my repayment 4300 per month and minus the interest, $524.70. If you multiply 17.49 per day by 30 days, you will get $524.70. The outcome is 53.25 is increasing my total loan available every single month. That's a revolutionary change. So in Nelson's book on page 43, Nelson says this is the essence of what the infinite banking concept is all about. Recovering the interest that one normally pays to some banking institution and then lending it to others so that the policy owner makes what a banking institution does. It's like building an environment in the airplane world where you have a perpetual tailwind instead of perpetual headwinds. Simple, isn't it? Picture a day where financial control is in your hands. Not a bank, not the government, not the risky stock market. When your finances are exactly where you want them to be. And you know with certainty that you have the freedom to travel when you want to travel, relax when you want to relax, and serve when you want to serve. So the time will go by anyways. So have it go by with this revolutionary system in place, rather than just doing your financial transactions the old way.