A first-person testimonial describing how the book Becoming Your Own Banker transformed the speaker’s financial life and relationships. The speaker recounts shifting from skepticism about whole life insurance to advocacy, cancelling previous policies, seeking mentorship, and, after about ten years, achieving greater financial freedom and closer family ties.
Chapters
I read Becoming your own banker. And one night I kept waking up my wife saying, you're not going to believe what we can do with this. This is going to change everything for us. And I ended up going back to the professionals that I was working with in the universal life space. And I said, what do you guys really know about whole life insurance? Oh, garbage product. It's a black and white TV compared to the new color TVs we have nowadays. And right there, I knew they had no idea what they were talking about. So I had to cancel the two I wills I had. I had to make a lot of uncomfortable phone calls to some previous clients saying, hey, I think I goofed up, but I have the solution for us. Here's a book you should start reading. And then I asked that orthodontist, would you mentor me with this? He introduced me to a gentleman, and that was my first exposure to becoming your own banker. The book. And here we are 10 years later and having the time of our lives financially free, our families closer together because of this conversation around money.