Jayson Lowe breaks down Nelson Nash's infinite banking concept: most people are only depositors and borrowers, giving their money to banks and paying interest on capital they could have earned themselves. By taking on all four roles—borrower, depositor, banker, and bank owner—you gain total financial control and a stress-free life.
Is owning your own bank profitable? Well, first of all, that's a really good question because words have meaning. So when we're describing the infinite banking concept, we're not suggesting that someone become a bank, meaning become an institution. What we want to encourage you to investigate is becoming your own banker. As Nelson Nash, the author of the number one bestselling book titled Becoming Your Own Banker, which is a 92-page read, it's a wonderful book, completely changed my life. He explains that there are four characters in the financial play. There is the borrower, the depositor, the banker, and the bank owner. Now, presently in your life— and yes, I'm speaking directly to you— you are only two of the four characters in the financial play. You're the depositor because all of your income, regardless of the source, flows onto the books of someone else's bank. I say that again: someone else's bank. And you're the borrower because when you need access to capital, even when you pay cash for things, you're working with borrowed money because you're giving up the interest that your cash could have otherwise continued to earn. So what Nelson taught us was that when you become all four characters in the financial play, you're in a position of total and absolute control. You get to create a very peaceful, stress-free way of life financially. And the best way to discover how to become the banker, not the bank, but to become the banker as it relates to your needs, is to get your hands on a copy of this book. It changed my life. It can change yours too. Want to find out more about how you can become your own banker? Click the link below or head over to learnwithjay.com. That's learnwithjay.com.
