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Bank On Yourself Strategy

Published Jan 25, 25
1 min read
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It looks like the name of this concept adjustments once a month. You might have heard it referred to as a perpetual wealth technique, household banking, or circle of wealth. Whatever name it's called, limitless financial is pitched as a secret method to construct wealth that only abundant individuals recognize about.

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You, the policyholder, placed cash into an entire life insurance coverage plan via paying costs and getting paid-up additions.

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The whole idea of "financial on yourself" only works since you can "bank" on yourself by taking car loans from the plan (the arrowhead in the graph above going from entire life insurance back to the insurance holder). There are 2 different types of fundings the insurance provider may provide, either straight recognition or non-direct acknowledgment.

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