Becoming Your Own Banker: Unlock the Infinite Banking Concept (Book Review)
The very first principle that must be understood is that you finance everything that you buy — you either pay interest to someone else or you give up interest you could have earned otherwise. The alternate use of money must always be reckoned with. Some call this “opportunity cost.” But, it is amazing how people give lip-service to this fact but do not put it into practice in their own financial dealings — the equivalent of thinking that the law of gravity applies to everyone else but them.
— R. Nelson Nash, Becoming Your Own Banker
Infinite Banking. It’s a controversial subject. Some claim it’s a scam. Others say it’s the greatest financial instrument ever created.
R. Nelson Nash pioneered this idea in his book Becoming Your Own Banker: Unlock the Infinite Banking Concept. And in today’s article, we’ll look at what Infinite Banking is, and how it works.
