Richard Canfield explains infinite banking, a strategy some call genius and others call risky. It's a process to recapture interest you'd normally pay banks, but only works if you implement it correctly. Done wrong, it disappoints.
Chapters
Let's be real. Every time you hear the words infinite banking, somebody is either calling it the greatest financial strategy ever invented or the biggest risk you could possibly take. And so which is it? What are the real risks, the ones that most people just don't talk about? And more importantly, how do you overcome them so that the infinite banking concept becomes a long term advantage, not a financial headache? If you really want to succeed in implementing the infinite banking concept, which is a process, not a product, and here's the truth. If you do it right, it's one of the most powerful processes that you can use to control how you finance the things that you need throughout the course of your lifetime. Recapture the interest that you would otherwise pay to someone else's bank or to some other finance company. But done wrong, it's definitely a recipe for disappointment.