Jayson Lowe argues that individuals will face extensive financing needs across their lifetimes and that conventional debt payments permanently transfer wealth to others as passive income. He presents the Infinite Banking Concept as a way to retain and redirect that money to one’s family, stressing it is a multi-year lifestyle change rather than an instant financial fix.
You are going to have a need for financing throughout the course of your lifetime that is very extensive. And if you picture how much money has flowed through your hands up to this point in your lifetime for all those things that you've financed, that number is remarkably high. For some, it's in the millions. For most, it's in the hundreds of thousands. That is a permanent transfer of money away from you. Every debt servicing payment that you make to a credit card company, to a conventional bank, to your mortgage, to your car loan, every payment that you make is someone or some other institution's passive income. Let that sink in for a moment. Where do you want that money flowing to? Do you want it flowing back to the family where it belongs? Or do you want to continue transferring that money away from you and your family permanently, not just for you, but for every generation that comes after you? The infinite banking concept puts you in a position of total and absolute control. But it doesn't happen overnight. It's not an overnight light switch event. It is meant to be achieved over a period of several years. Several years. Not several minutes or several days, several years. And that is something that we're continually emphasizing and getting across in the education that we deliver because of the instant gratification, that world that we live in. Instant noodles, instant lunch, instant food delivery. You've got drones flying over your head, dropping boxes all over the place from companies like Amazon. People want it now, but you're gonna yet you're going to need the use of money for the rest of your lifetime. So of course it's not meant to be an instant gratifying event. The infinite banking concept is meant to be a lifestyle, not a financial plan.
