Don’t Pay Another Debt Until You Learn Family Banking System!

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And I will ask my team if.

My.

Screen share. Coming up. Okay. Yeah, we got it. Okay, awesome. So I'm gonna make it a full screen here.

All right, perfect. So today we're going to be looking at.

How to discover how the our family banking system transformed our lives, saving us thousands every month.

Let's start with the positive power up. So our team believes that the negative mindset cannot be thankful or grateful. Right. So if there is one thing that you're grateful for today, please share in the chat window and just to, you know, tune in for something positive today. So I'm really positive about my team supporting the webinar today. And please share if you have anything positive today or something you're grateful for, maybe it can be your. Your family, can be your work, can be this webinar as well. Please share in the chat.

All right, we have thankful for this additional information. Freedom to Travel presentation, Family life. Absolutely. Thank you so much for, for your participation.

So at Ascendant Financial, we have an amazing team and we practice the process of becoming your own banker in our lives. So everyone.

We believe that not only this is an amazing concept for our clients, but also this is an amazing, amazing concept for us because we want to take control over finances and revolutionize them in our lives. And today we're going to be looking at how you can do the same objective for this presentation. So 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, right? So we used to think about money in a different way, in a traditional way. And the infinite banking concept, to understand it, you need to have an open mind, you need to think out of the box, right? Because it's not about it's super complicated concept. 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. So. And 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, 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. That is long, long term thinking, right? 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, right? 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. For example, if you're like a carpenter, your skills.

Can help you build something beautiful from this and your behavior, what you do with this tool actually changes everything. So for someone who is practicing infinite banking, there is a tool, but the way we use it maybe maybe different from, from one person to person, from one household to household, and the outcome will be absolutely different. So.

Nelson was addressing human behavior. He would say, don't steal the piece. It comes from the book, from, from this book, becoming your own banker Banker by R. Nelson Nash. I will share where you can buy this book.

And Nelson is talking about a business that you are at the same time a owner in the business and your customer in the business. And he's saying that your human behavior may actually ruin your business. If you're, if you start stealing from your grocery store, for example, right? If you're grocery store owner, if you steal from your grocery store, then your grocery store will not do well and the number four rule is don't do business with banks.

That's pretty obvious, right? And our goal, 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, I think it's the most important one. Rethink your thinking.

So Nelson Nash was a person, an individual who actually created the infinite banking concept. He discovered it, I mean the, the, the tool existed long time before he was just the person who discovered it. And there was a great film recorded just before he passed away in 2019. I wasn't lucky enough to meet Nelson in person but I really enjoyed this, this film and my team, my amazing team. I will ask my teammates to share a link to watch this film. 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. A documentary film I would say who Nelson was and how he used this, this, this system in his life and business.

And Nelson wrote a book which is titled becoming your own banker. Have you read this book? Please share in a chat if you had a chance to read this book so far or if you haven't please put an A N.

Vern, may I may ask you what, what, what question, what answers do, do we have there in the chat?

Yeah, Roman, absolutely. We're getting a mixed bag here but a lot of people.

Have certainly read the book so that's, that's good news. A lot of smart people on the call today.

Yeah, a lot of smart people. That's awesome. So the book was written in, in 20 in year 2000 and it was sold over 500000 copies so far. Do you want to know why?

Because it works. It's simply because it works. Right. So Nelson in says in his book and there's actually another book I, which I also wanted to share today. This book is titled building the warehouse of your wealth. Building your warehouse of wealth. So and this quote actually comes from this book. Everything begins with the way you think. And I wanted to read another quote which I find really fascinating. 5% of people think and 10% think that they think. And the other 85% would rather would rather die than think by Thomas Alva Edison. So why is thinking important? Because thinking about something, it creates, creates vision. Right. So Nelson would say that infinite banking concept is an exercise of imagination, reason, logic and prophecy. So you have to have an, you have to have imagination to understand how you can, 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. What is that? It is changing something radically or fundamentally. This is what this word means. So something existed before and then there was someone who decided to revolutionize it. Revolutionize it, right, Meaning that they will change it radically or fundamentally in order to achieve an objective. Right. So the Wright brothers revolutionized the way people fly, right? So the names were Orville and Wilbur. They did not invent the laws of physics. They just invented a new way to use them to their advantage and to our advantage as well. Because we all.

The way we travel now changed completely. The invention of the airplane revolutionized how people travel. Today we, we all travel and we travel frequently. And it would not be possible without the invention of the Wright brothers.

And.

From this book, another quote that I wanted to, to read here is about prejudice. So many people believe that they're thinking when actually they're only rearranging their prejudices. By Leonard Reed. So 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, we just need to have a right tool. And another set of people would say, you need a bank to save or to finance things 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. That is why he wrote this amazing book. And if you haven't read this book, you have an opportunity today.

So Nelson Nash did not invent banking. Banking existed way long before Nelson discovered it. He just discovered a new way of solving for families need for financing as it relates to their needs.

So what is a traditional way of banking? You probably already know how banking works, right? So we all know this. But just to kind of summarize, the traditional banking system wants us to work hard and get paid. And when, when we get paid again, it's not about just, just T4 employment or working for someone. It's also about your business. You get income coming in, right? So you have to have a place to deposit it somewhere. Because yeah, it may be your, you know, safe deposit box, it may be a vault at home or it can be someone else's bank. But the problem with your, you know, safe deposit box or shoebox is that this money is not working for you. And in order to spend this money, you need to make a transaction. You need to take money from this Place where you store your wealth and you need to exchanges for the goods or services, right? So and, and if it's cash, then it's not growing. If it's gold or silver, it is not growing and it's even harder. You need to exchange it for, for money and then you need to make a transaction.

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. And then when I have.

Let'S say, 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, right? So some people have enough cash to pay for all their bills. Some people don't have enough cash to pay 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 then we save. And on average people save 5 to 10% today. Actually met a client who actually is saving 25 of all they make. And they're actually doing a very good job, you know, saving. But on average, an average American or average Canadian actually saving 5 to 10%. So and then what's left is being either invested or put into some sort of savings place, right? And people of 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's not enough money, you know, we, we all see a lot of older folks who actually are still working. They because not because they like to work, right? But probably because they cannot retire comfortably right now. So there is a market risk is also associated with investing. So and if we talk about the banking function, there's always, in every transaction that happens, there's always four characters in financial play. There is a depositor and there is a borrower. And you're familiar with this function, right? So depositor needs a warehouse for the capital. The depositor needs to put money somewhere. The depositor needs to put money into some safe place where the money would be safe. And he also wants to grow equity. But with the traditional banking system, it's almost impossible because regular, the 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. Pay for, to buy a car, to buy, 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.

When you need it. And the banker is responsible for growing the banker's equity.

And controls in terms of financing, the terms of financing. So when you take a mortgage, when some, when a borrower takes a mortgage, then the banker will come up with terms. Okay, you have this interest rate, you have this repayment schedule. You also need to provide your income, credit score. You need to prove why you need this money. And then also the banker is responsible for taking a security for the loan. The bank owner is a fourth character.

Who has 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. Right? So there are four of them. The depositor, the borrower, the banker and the bank owner. And in terms of the flow of money, the money is flowing from the depositor to the banker. When the depositor makes a deposit, the money is flowing and.

Being, going from the depositor to the banker. And then when the borrower takes a loan, the borrower start making payments, the payments. There's a flow of money that is going to the bank owner. So in terms of the depositor and the borrower, where is the money flowing to the depositor and the borrower or from the depositor and the borrower. Vern, may I ask you, which answers do we have in the chat?

The direction of the money flow, where is it going from and towards who is it going, going for? So in terms of regular people, ordinary people. Right. So is money flowing from or to.

Demand customers?

Well, let's see here. People are being a little bit shy. I also have my.

Youtubes. Is Jason Lower here? Oh, I see some people, they're saying from the depositor to the bank, some people are saying from. So some people are participating here. And I was Just going to check in on the live stream to see if we're getting any chat in there. Oh, someone said toward the bank, so there you go. You're even getting some, some live stream people on YouTube. Roman, well done.

Awesome. I appreciate, I appreciate the answers, everyone who participated. I appreciate that saying that. Yeah, those are right. Right answers. The money is flowing from the depositor to the banker and then from the borrower to the bank owner. The payments are coming from ordinary people. If you don't have a place to store money, then money's leaving you.

And then you're all familiar, familiar with the process of banking. But the problem is that you're not controlling it. But guess what, there's always someone else. 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, you know, mortgage payment, boat, chiropractor, physio, you know, expense, car payments, credit cards, appliances. You need to pay those bills. Maybe you open your drawer, you take out your, those envelopes that you know you got your bills by mail or by email now. 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. The, the errors, the red arrow showing that money is leaving you. So all these dollars is actually landing into someone 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? So you may be looking in your wallet. Yes, all those bills are paid, all that stuff is purchased. But where's my money now? So the banking function is outsourced. That the problem. So it is. You don't own the banking function in your life. It is outsourced. And if it is outsourced.

In whose interest do you think the banker is working? Is it for your interest? Is it? Or the bank owner?

Do we have any, any answers.

In which favor or in which interest is the banker working? Is it my favor or is it the bank owners?

Yes, we're getting some people chiming in here, just getting their fingers going on the typing. We're seeing bank owner. So far a couple people are saying bank owner.

Yeah.

And many people are sitting for the bank. You got it.

Awesome. You got it. So do you think you would do a better job if you control the banking function?

Probably yes. Right.

So 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? Is it you who provides access to cash? Who is responsible for growing the bank'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 are either paying cash or borrowing money to pay for things, right? So if you're paying cash, you need to save up this cash first. And then when you saved up, then you pay your bill or your expense, your purchase. It is any expense. Let's say you purchased a.

MacBook. My son just purchased a MacBook. But I'll tell you later how he financed it. 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 or.

He basically never paid any interest to anyone and he's okay? The answer is he's losing interest because this cash, there's a lot of cash. MacBooks cost a lot of money. This cash could have been invested into something and produced an 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, you can tap into your line of credit, and then it comes with a high cost because you are paying interest. And you all know this. So. And all this paid and lost interest is leaving you forever. It's never coming back to you if you're not the banker.

So in terms of moving forward in, you know, when you, when you're walking, which vehicle, which tool will help you move forward faster? Is it a treadmill or is it just your, you know, your feet?

So what do you think, Will, who, who is moving forward faster in terms of the distance? Is it the lady on his red mill or is it the guy who actually had a headwind, Heavy headwind?

I know these pictures are hilarious. I just wanted to kind of see if this resonates, resonates with our listeners today. Vern, what do we have?

Okay, let's see.

See if we get some comments here.

The guy with the headwind.

Yeah, actually, yeah, actually he is, he is moving forward faster than the lady because he is using his, his, his feet, his legs, and he is, yes, he has a head, a headwind, but at least he's not moving, moving backwards. So I would I would say that this. 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. Basically, when you walk, they just push you forward. They help you advance in terms of the distance that you. That you cover. And that saves a lot of energy for you. No matter how fast you're walking, you're actually moving way faster than your regular people walk.

This is a new invention, and I really love the. Love this analogy where, you know, this tool helps you actually move faster. I've never tried this one, but it is on my bucket list to actually try to work in this one. They're quite expensive, though. 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. So the daily growth of your capital is moving you ahead financially. So financial tailwind is all about recapturing the interest you're either paying to banks or losing by paying cash. So all these problems of either losing interest to banks, and if you borrow or pay in cash, the financial tailwind can help you recapture. 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 for these things in life. And at the same time, your money is actually growing every single day. So let me ask you, are you committed to creating this financial tailwind? If. If this financial tail. If I prove to you today that this financial tailwind actually works, would you be committed to creating this financial tailwind? Vernon, let me help you. What the listeners say.

Well, Roman, I'll get us started. I'm definitely create. Definitely committed to creating a financial tailwind.

Awesome.

And we're getting a lot of people saying, y.

Sorry, you already started. Vern so I know that you're on track on creating this financial tailwind and I started it too. It's not a silver bullet that happens overnight. Right. So it's a process, it's not a product. So we need to get going on this and the faster we go, the more, the easier it is to actually progress financially. So.

Agreed.

Which, which answers do we have?

Yeah, we've got a lot of people saying yes, so that's good. Lots of comments, absolutely.

Thank you so much for, for being committed and today you will learn how to, how to get started. And the tool is participating and dividend paying whole life insurance. And today we're going to be talking about this tool and I will show you exactly how this tool helped me recapture a lot of, a lot of money and that I was losing two banks.

So you are not limited to just one policy. So it doesn't have to be your system of banking. The family banking system does not have to be 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 financing monetary system, sorry, your family monetary system.

So you can also ensure every person in your life several times, right? So you can also create a second policy on a wife, second policy on it, on it, on a husband. And you will learn later on that in my family, my, all my, almost all my family members are actually.

Insured twice or even three times with different policies. Right? So and that all creates one, one pool of, of banking where I can tap into every of those policies and borrow from it and then pay on my terms, pay it back on my terms. Let's look at the properties of this tool. So there are four major properties of this tool and I wanted to review how the properties works and help you better understand.

How the tool actually works and helps you.

Advance financially. Number one is premium. So premium is, think of a premium is as a, as a deposit in a bank, right? So it can be annual or monthly. It doesn't have to be just annual or just monthly, right? It can also be quarterly. So and you as a policy owner, you decide on what the premium is, how big the premium is.

It's not the insurance companies telling you or your life or Your advisor is telling you how much your premium should be. You decide if you want to put 1,000 a year into the system or 100,000 a year. We actually have people who put seven figure into this system a year as clients of our company. So the premium, what it does, if it's structured properly, it increases the death benefit every single year. And how this works, there is a great video that is titled on our YouTube channel on Bankers Vault. YouTube channel. It is titled Making Sense of Paid Up Edition. So Richard Canfield is an amazing teammate and an amazing advisor who actually explains exactly how this tool works. And it's just a very short video, seven minutes long. And I will ask my team to please share this this link. You can save it later. Please don't watch it now because it will take your focus from from this presentation today, but save it for later and you can watch this video to better understand how exactly the premium helps you increase the death benefit. Why do we want to increase the death benefit is because.

The death benefit and the total cash value must match at age 100 and the insurance company is responsible to fulfill this guarantee. Again, I'll say again. Your total death benefit and your total cash value must match at age 100. An insurance company is responsible to fulfill this guarantee. What you can control, you can control how big of a death benefit you have.

If your behavior is focused on increasing the death benefit, you will know exactly how to do that and your advisor will also help you set it up properly so that your policy is structured in the right way and your death benefit increases every single year. Number one is 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.

If you are.

Using this tool properly and correctly and if it is structured properly, then there is a tax free. Who loves tax free?

Probably everyone loves tax free, right? I would be number one to answer this question.

So the cash value also represents the net present value of the future death benefit. This is the essence of the cash value. It's a net present value present value of the future death benefit. So the higher the death benefit is, the more net present value you will get. And every single day this cash value is going up to match the death benefit. At age 100.

The policy owner can actually increase the daily growth based on their behavior. If your behavior is focused on increasing this daily growth growth then you will do everything it takes to improve or to make this Policy better, right? For example, when I opened my first policy, my daily growth was $6.50 per day.

And then next year it increased to $11 per day. Next year it increased to $15 per day. Now.

That is based on my behavior. If my behavior wasn't focused on increasing, on compounding, then I would not know how to do that. So I would not increase my daily growth. I would not compound.

So you need to understand that cash value is not money, it is capital. It's like a commodity which can be easily converted into cash. It is as easy as.

Applying online and getting money deposited in your bank account in, in couple days. You don't have to go through, you know, noisy questions. What is your credit score? What is your.

Goal for this loan? What you need to, you don't need to commit to the repayment schedule. All you need to do is answer some couple questions. How you want your money deposited either via, sent to you via check or deposited in a bank account and how much you want? That's pretty much it.

So. And cash, when you have cash in hand, that is money that is not working for you, your capital is working for you. So cash value is not. Money is a capital and equity that is increasing and working for you and compounding every day.

Death benefit, it's third component of the tool of the participating dividend paying whole life insurance and it is received tax free to the name beneficiary of the policy. So let's say I open the policy today and tomorrow I got, you know, hit by truck, then my family will receive death benefit tax free. And whoever I name my beneficiary, of course it is my wife. But.

The life insurance, life insurance company will provide this death benefit and it will be paid in a very short period of time. Of course there has to be some work, you know, some paperwork, but the death claims are going to be paid when someone passes away, not if, but when. Because this is whole life insurance, it's not term insurance. Right. Also, death benefit provides protection to the family in the case of the life insurance passes away. So in terms of, you know, protecting insurance risks, if I die today, I have seven children and I have my wife, my family who is, you know, dependent on me. I want to make sure that if something happens to me, my family will be okay. They don't have to sell my house, they don't have to. My wife doesn't have to go look for a job or she doesn't, you know, have to sell any investments or any assets and stuff like that. And then the fourth one is a dividend. So dividend is a divisible surplus distributed, distributed between all the policy owners. So at the end of the year, insurance company will look at the performance of a specific class of the policies and that is, you know.

Relevant to a specific age group. And they will see, okay, so how many premiums we collected, okay, how many death claims we paid and how our investments performed. Right. So they put money to a very reliable investments where it creates a lot of profit. So profit from all lines of operation for the insurance company creates a pool of money which is called participating.

Pool of money or fund where at the end of the year the money is being, the profit is being distributed between the participating policy owners only. And it is based on a contribution principle. So whoever has more death benefit, however, puts more money into the system. Then this policy will receive higher dividend than someone who is paying less and has a little bit less death benefit. 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 Marsha. They are young family and let's look at some quick facts about Jackson and Marcia. So before they discovered the infinite banking concept, so they Wore 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 Marcia gets Canada child benefit for their, for her, for her children. And that's coming up to 1,100 per month and then that, 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 were 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 it, when the time comes to, for them to retire, they will have enough to support their lifestyle at passive income time. They also have want to have access to capital. So if they.

Need to finance large expenses, let's say a vacation or to buy a car or to.

Maybe to do something else. They, they need access to capital on their terms. They also wanted to recapture.

Car. They least. So they have a leased car and they're paying a lot of money into this, this lease. If you've read Nelson's book, you probably already know that leasing car is probably the worst possible way to buy cars, right? But if you haven't watched this, watch this. Sorry. If you haven't read the book, you will learn that it is not the best way. So they wanted to recapture that. They also needed an emergency fund in case something breaks down or they need money for to car to repair the car or they need money to maybe fix the furnace or if the roof leaks. They need money and they need access to capital and they also want to make sure that they have enough capital when the opportunity comes by. You know, when, when there's a one of the lifetime opportunity and if it shows up, if you're not prepared for that, then you can't take it. But if you have access to capital on your terms and ideally not someone else's money, there's a lot of gurus who actually want you to put money, someone else's money, borrow from private investors and put money into this deal. Yes, that's great, but you're still kind of financing, you're depending on that person, right? 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 the legacy to the children, tax efficiently, tax 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 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 and they're contributing 13,000 per year. Basically they're maxing out their TFSA, right. For two people.

And for the last couple of years the return of 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. Like I said, 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, right? That is fixed.

Rate. And when you look at this, this interest rate and 2.5% and 4.1%, do you think they're doing okay? Or, I mean, in terms of the rate, looks like their investments is doing pretty well, right? 4.1% versus 2.5%. What comes up to you when you, when you see these rates? Are they doing okay or.

Would you, would you have any, any objections to that? Vern? Do we have any participation?

Let's see, we got Roman.

The interest rate, greater return on the investment is 4.1%. The interest rate on the mortgage is 2.5%. So how are they doing so far?

Any participation in chat?

Let's see here. If someone's going to be brave enough to share something with us.

Maybe the question isn't clear.

4.1 is a decent rate. It is better than most. Someone said better than most. Steve said better than most.

Yeah. So. But the interest rate can. Cannot tell you the whole picture, right? Would you agree, Vernon?

Absolutely.

Let's look at actually how much money they're paying due to banks in terms of the interest. So if you look at the profit they made last year on 65,000, it comes to $2,665. And the interest paid for the mortgage is actually 22,500. So how is that. Now.

What comes up to you when you see these two numbers? Are they kind of advancing ahead or are they kind of moving ahead or moving backwards?

Me, it looks like about one step forward and nine steps backwards.

Exactly. Does it look like this?

Does it remind you, this poor dog that is trying to.

Move ahead, but it's just in, in fact, it's just coming back all the time.

No matter how hard you work, right?

Yeah. No matter how it tries, it just not advancing. 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. Bringing them back.

So let's look at the current assets and current liabilities. So the profit they made is 2665 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? It's a rhetorical question.

No matter how you try, what rate of return should you look at to actually make up for the difference, Right. I think it's almost impossible.

And they actually discovered that there is a way to recapture this interest that losing to pay into 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 and they put it into the policy as a first payment. And the premiums after that, after they put all the money into the account was 12,000 per year. So how they did it, the policy structure 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 policy. 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 not immediately. So they wanted to kind of start it maybe couple months later. But just to have protection for the children, they put 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.

They paid, later on they paid.

$12,000 each. Right. So starting death benefit, starting Death benefit is $762,000 for Jackson and $798,000 for Marsha. 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, in Jackson's policy, loan available in Jackson's policy immediately is 22,860. And in Marshall, 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 as you can see. Let's look at the total numbers.

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. So 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 762,798. 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.

So 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. So they took two policy loans, one from Jackson's policy and one from Marshall's policy 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. So.

This calculation is based 39,000 loan by 6.5%. It comes to 2535. Imagine that they never made a single repayment, right? And loan is increasing. The amount of interest is being added to the principal every day. But they don't have to make any. There's no minimum required premium. It 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 they, because they paid off the, 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 that's exactly what they did. And they decided to pay the payments back for 60 months. And if you, if you read Nelson's book, you will learn why you actually want to pay yourself a little bit more and a little bit longer than initially planned. Right. So initially they wanted to pay it for 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, and it is much more sound business.

So.

As you see, the loan is 6.95 per day. But the daily growth is what was it? It's what was 1910 per day. Right.

So let's look at what happens after one. After first month they paid off the vehicle lease. Now they have.

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 by 30 days 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 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 $1,134 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 that there were they were getting from the TFSA investment. Right. So is this number better in terms of getting the net worth increase? Of course. Right. And by the way, when they invested the tfsa, they invested into stock market. They actually had to take on market risk. How much risk do they have right now to actually increase their NET worth by 13,608 per year? How much risk do they have of growing this cash value and net worth?

The answer is zero. They completely recaptured their cash lease payments, including interest.

So did they work any harder? No. Did they have to take and take on any additional risk? No. In fact, they actually got rid of the market risk by selling the investments. Right. They didn't need to pay more taxes and they just needed to change the flow of money where the money is flowing. When the money was sitting in a TFSA and they were making payment to the lease company, now the money was flowing from them. Right. Now they only change the where the money is being held or the warehouse of the money. So now $830, the same payment now is coming back to their system.

They become. They are becoming their own banker.

I'm sorry.

Just bear with me. I need to.

Find my slide. For some reason, it just collapsed on me.

While I'm trying to fix this wonderful technology. Vern, do we have any questions maybe that we. We could address?

How are we doing on time?

Oh, Roman, you're. You're crushing it. My camera will kick in here in a second.

Awesome. Yeah, you're.

You're making good time so far, Roman. I'm actually. I can check the Q A. I think they've been mostly answered so far. So good. You must be doing such a good job. There isn't a whole lot of questions, but there's been lots of participation and there's also been. There's actually quite a lot on the. The YouTube live stream.

I don't.

I can't pick out a whole lot of questions offhand here. But folks, if you have some questions, you can go ahead and chime in. Are you, Are you pretty much wrapping up and looking for questions at this time, Roman, or do you have a bit more to go?

Not yet, but I will. I'm pretty much wrapping up with the case study, but then I will have something else to share about my family. So stay, stay with us and then I'll. I'll just wrap up to show what exactly Marcia and Jackson was. Were able to actually achieve.

Well, we can't. We can't wait to hear your personal story as well, Roman. So we appreciate you sharing it.

Absolutely. Awesome. So 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 in 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 and.

They would never get to use this amount again. The premium paid totally was $138,300. The total cash value after five years is going to be $142,040. Into two policies. Into policies. Right. Total loan available is $127,836. Now, what can they now do with this cash with this loan available? Can they buy more cars? Maybe they can finance other expenses. What about the mortgage? Right. I recently look at my mortgage and I decided, you know what, actually my renewal is coming up in three years. In 2026, why not actually focus on building my system so that it is big enough and in 2026 instead of, you know, I don't know what the interest rate is going to be, but I really want to make sure that I reduce my liability to the bank and pay off this, partially pay off this mortgage with my policy loan so that I redirect the payments back to my system. Right now I'm lucky. I had a very nice interest rate and my, my mortgage payment is very little, but it's going to change in three years. So I'm, I really want to make sure that I do exactly the same as what Jackson is Marcia doing. Can they now redirect their.

You know, the mortgage payments to the system? Of course. Right. So most of the banks, and especially big banks, they have this.

Terms and conditions on the mortgage where you can actually make extra payments. And at renewal you can actually bring it down and maybe extend it to another 30 years so that your payment actually goes down significantly and you free up additional cash flow from your income, from your business, from your job, and you put it back to your system rather than just giving it to your bank. Right. Total death benefit in five years was $2,006,500.

So they are paying the premium still on 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. I'll repeat, they pay 24,000 per year and the total cash value goes up by 30,980.

So that increases their net worth by 6,980 just in one year.

How amazing that is.

After 10 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 10, the net worth increases by 15,187 within just one year. If you compare year 10 and year five, do you see the trend? Do you see what's happening? The net worth increases, constantly increases.

So whatever dollars they put in, it gives them live steam. Nelson would say that is a life steam where the system produces more and more and more money. And the 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. Creates more cash value. So many people think about insurance as expense, right? And in this example, it is a solution to their financial issues. And this creates.

A lot of steam. Live steam. 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. Right. 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. Right. So 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. Is it threefold? Is it three times of what they put in? Almost. Right. 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. They've been doing this for 20 years now. The total cumulative premiums paid are 494 and $300. So they paid less than half a million in 20 years into two policies and it created them $736,000. They can actually access on their terms. 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 the 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 they have an emergency, let's say furnace breaks down or car breaks down, they need to buy winter tires. They need to. 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 the net worth even further by creating a new source of income? Of course. Now let's look at passive income at retirement and live in 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 at this time 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. The banks love this product because they know they will get their money back for sure. 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 for Jackson is $46,905 per year. And for Marcia it's 47,940. I'm sorry, 46,905 for Marsha and 47,945 for Jackson. Altogether, passive income is $94,850 per year. And that is tax free because that's, that's, that, that's the loan. 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 because they have enough cash, cash value to provide for their security for this loan, for these, for these two loans.

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. So total combined number, 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. So at passing, what happens is the bank will issue two checks. One check will go to the bank from the insurance company and it will take care of the outstanding principal and interest. And the other check will go to the beneficiary, named beneficiary in the policy, tax free. And that amount is $958,600. After the loan is paid off.

How much money did Jackson put In altogether for.

31 years, he put together, put into his policy $381,150. Is this amount like almost three times less than the passive income he received?

Yes. And the total money out of this policy is passive income tax free, 1.1 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. Don't ask me why, just math worked out this way. So it's 2.3 million. So it's 1.17 to the passive income she received and also 1.127 million she left behind as net estate value for the family. So 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 there in your own banking system?

Is an alternative investment an option even for such a passive income? Think about how much they would have need to create an investment.

To do the same for them. Right. So the investment has to earn constantly 6% net of taxes, net of fees for 56 years in a row. How is that, how realistic is that 6%? Do you think it's realistic for 65 years in a row? Vern.

Vern, do we have any, any answers? Any, any question, sorry, answers. If 6% is realistic for the, for the return of this investment for 60.

56 years, definitely have one person chiming in saying no way, let's see, never. Some people just start giving us crying, laughing emojis. So I think people will understand that that's pretty unrealistic.

Yeah. So also this investment has to provide access to liquid cash on demand without interrupting compounding, which is impossible. Well, it's very hard with an investment, but it is, it is a option with the whole life insurance also, there's no death benefit other than just account value. Let's say they open this investment and let's say it produced 6% in the first year. Great. What if they die in the first year? How much money will the family receive? Probably just the account value plus 6%. That's it. Right. So 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? Probably they would be first in the first in line to actually claim this. Their share. Right. Their share would probably be huge. 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.

I don't know if there's any alternative investment to be compared to this, 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 Marcia did it, so can you.

Now I want to address Nelson's book again. I want to, you know, open page 65 from this book and address the question, how do I get started? So assuming that you are by now sufficiently convinced that this is a course of action that you would like to take, the question becomes, how do I get started? Then 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. I already know that my amazing audience already has a commitment. So we just need to get a right coach. So 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. And I will ask my team to actually share this number again in a chat window so that our listeners can book book calls.

Let me introduce Pushkar Family Banking system from what my family bank looks like three years into the process.

Back in 2020, this is where I discovered infinite banking for myself. The story was I was looking for ways to actually become mortgage free faster. And I found a strategy that.

Would entail make an extra payment to the mortgage. But this is not was clicking inside of me. I was kind of hesitant. Should I do that or not? Because.

You know, giving too much money to banks and be free of mortgage is great, but where's my money? What if I need money to actually re access it? I will probably need to open a HELOC or home equity line of credit. But then paying interest again wasn't very exciting for me. So back in 2020 we had a baby. His name was R. Nelson, Rudolph Nelson. And at that time my oldest son was 15. I have two sons, then three daughters and then two sons again. 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, a 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 every of my children also had that 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. And I will tell you later how I use my policy loans, by the way. And 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, right? So 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 million to 2.386. 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 $53,190. Again, it has an asterisk to show that.

I have additional policies. This is not the total cash value I have. 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. So all these words represent at least one loan.

So my beautiful daughter Evgenia, she is standing in a dental cabinet, orthodontic cabinet, and she is. It says, let your smile change the world, but don't let the world change your smile. So my first policy loan was used to finance her braces.

Right? And then after that, you see how amazing, how beautiful her smile is. So I feel so. I'm feeling so comfortable, you know, knowing that we, not only we financed this Expense but also we captured all the interest that would have otherwise left my company forever. Sorry my, my family forever. We also financed Mazda Mercedes van. We financed Honda Civic. It's a third car that my son actually took a policy loan for. We financed home insurance for 2022. We have 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. We actually even flew the giving, giving, you know, to the church from this, from these policies and business expenses. So so far a lot of money is flowing through, you know, through my system and recapturing all the interest. Let me actually introduce you to the, to the numbers. 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. So as you see, if the policies is 12 and life insurance is 9, then probably some of my family members have more than one policy. Right, and you can do the same. This is how you expand your system. Total death benefit increased by and now it is $3,950,000. Total cash value is $109,100 right now, just in three years. And 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. Right. 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. If you look at those, those expenses I shared with you, you can imagine how much money I would have spent to banks financing and paying interest to the banks financing all those expenses. But now all the payments, 4300 each month is coming back to my system recapturing my interest.

So let's do a maximum borrowing test. So I'm not going to be sharing how much outstanding policy loans I have, but let's imagine I have maximum, right? So 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? Let's check. 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 98,001 190 multiplied by 6.5% simple interest, that comes to 6,382 per year. And if you divide it by 365 days, that $17.49 cents per day, my total daily cash value growth is 5,740. Do you see the difference? The difference is my, my, my tailwind.

Monthly loan repayments is 4300.

So loan available goes up every month by 5325 each month. Why? Because I can recapture all my, my loan repayment again if I need to. And there's another $1025 on top of that because I increasing, I'm, I'm, I'm getting my cash value increase and that's, that's the calculation. 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 5325 is increasing my total.

Loan available every single month.

That's a revolutionary, 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?

From this stain, from this quote, you can see that it says.

Lending it to others. Who are the others in my life that I lend money to.

That is my, my family and by the way, my extended family and my children. So my son is now financing his Honda Civic and he is happy about it because there's no policy, so there's no car loan. He bought it with cash. But now who is the banker in this transaction? He is the banker because he has a policy and I'm the banker because I also financed a part of it from my own policy. So he is paying mom and dad and he knows that every Single dollar that he pays into the system will come back to him. It's never lost to his luck. Let's read what our clients have to say. We have more than 800 five star Google reviews and I would really appreciate if you have, you know, a couple minutes to leave a review. I will ask my team to share the Google review links. You can choose the closest location to you and click the link and it just takes you a couple minutes to, you know, select one or two or three or maybe five stars and then maybe leave couple couple words for the comment for this, for this webinar. So let's read a couple of them. So Andrew Moore says I'm so excited to start the new journey and I didn't know it was possible so, so I actually didn't know myself it was possible. Even though I was in the insurance business since 2016, I never knew that this, this amazing system existed. Thanks to the wonderful knowledgeable people at Ascending Financial, my financial goal goals are on track with coaching and wealth building in superdrive. Everything I do is for my family and I will fight to live a legacy for my generations to come. Timothy says Ascending Financial has been a pleasure to work with so far. Going through the process of gradual replacing big banks with your own private banking system. The team is great and there's a ton of learning information made available to clients. Highly recommended. Martin says, great organization and people. The infinite banking concept is a very powerful tool in building long term and generational wealth. I was walked through all I needed to set up policies for myself and for my kids and I will read another one for my client. Raja says, it was nice working with Roman Pushkar and the team to set up insurance policy for me. Roman was very helpful in explaining the infinite banking concept and more happy to start joining with Ascending Financial. So and the list goes on and on. There's a lot of, a lot of like hundreds of positive reviews and and I encourage you to actually go online and read those reviews.

So it all sounds good but I don't want to do this alone and you don't have to. The good thing is is we have one on one coaching and you will be working with the authorized infinite banking expert. So all our advisors are authorized infinite banking experts with Nelson Nash Institute. Meaning that we did additional training on how exactly to do infinite banking the way Nelson described in his amazing book Becoming a Banker.

So lifetime mentoring quarterly group coaching sessions. We have one on ones within advisor and after even after your policy is settled, it doesn't stop there. It's not something that we send you a policy and say hey Mr. Client, hope you'll get there. Good luck. No, there is a lifetime mentoring. We coach you how to use the process, how to achieve your financial objectives. If you have an objective to recapture your debt, your advisor will help you do that. If your objective is to invest, your advisor will help you do that.

We have a lot of resources online, so we have two YouTube channels. One of them is Bankers Vault and the other one is a podcast which is so Richard and Jason Lowe. Richard Cantal and Jason Lowe are host of the podcast. It's called wealth without Bay street where you can find a lot of great information and interview with clients and also our other people that are involved in our coaching and helping you to become your own banker. We have audio books, we have a lot of great books on on Austrian economics. We have a lot of books on how to become your own banker. You can buy both of Nelson's book. You can also buy the series for from wealth without Bay street that Jason and Richard actually publishing. And the most recent one, I will take this chance to actually promote Henry's book. It's. It's called keep taxes away from your wealth. So if you're interested how to keep your keep taxes away from your wealth and keep cra well from your wealth, I would really recommend you to buy this book as well. And the coaching is available to you. So please take advantage of that and book a call with an advisor. So now you have two options. First option is to do nothing. Nothing changes if nothing changes. So you'll continue to work your butt off. The banks and for the banks and everyone else now continues to get all your money. Second option is schedule your discovery call and take hold of your personal finances and put the control back in your hands. 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 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.

Click the link you received by text or text the word schedule to 707-80809-4599 and reserve a day anytime that works best for you.

Take action now. Thank you so much for watching this presentation. I would love to hear if you have any questions and maybe if you have time, Vern? Do we have any time to. To address some questions?

Well, thanks for. Great job, Roman. Wow, that was amazing. That was incredible.

Wow.

So getting lots of love on the YouTube live, by the way. Lots of people giving you some shout outs here. So.

You know, our team did such a great job, Roman, of answering the questions. As we went through, there wasn't a whole lot. I, I think that you did such a great job of just keeping it really clear, really concise. So let's see here.

I think.

I'm not sure what was the actual scheduled time. Did you have it to go into.

9:00Pm, 9:00pm Central, which is 10:00pm Eastern, or 8:00pm Mountain Standard Time? So I think we're on time.

You did great.

You did great.

I don't really see any questions in the chat. There was only about 6 total and the team did a good job of answering them. Actually, there was only five and one person just said thank you for the answers. That was the sixth. I don't see any questions here, Roman. Just lots of comments, lots of positive feedback for you. In fact, why don't we do that? We still have about. I can see about 27 people on the call here. I can see some love coming through when we just do a quick value check. Let's show Roman some love. But of course, we also want to grow, we want to get better here. So if you don't mind, just put in the chat, put a 1 if you feel like you can't figure out why you're still on the call and this was a huge waste of your time. And put a 10 if you feel like you can't wait to book your call with one of our teammates and that Roman brought a ton of value and did a great job. Okay, so we're seeing so far some tens coming through. Don't be shy. Here we go. We got some tens for you, Roman. And if you're on the Facebook or, excuse me, the YouTube live, you can do the same thing if you, you know, let's assume you receive some really good value. Give us a 10. And again, if you can't figure out why you still have the live stream on and this was a big waste of your time, you can just put a one or anything in between. Okay, so we got one honest person. Somebody gave us an 8, so I think that's great. Pretty good score. That was on, that was on the, on the YouTube. But a lot of, a lot of tens. Thanks for a great presentation. 10. Chris said so. That's fantastic. A lot of tens, Roman. So you did a fantastic job.

But I think based on the fact that everybody on our team crushed the questions and you did an amazing job, I think we can. We can give everybody back the rest of their evening.

Thank you so much for tuning in and.

See you soon.

Congratulations for staying to the end.

Congratulations.