Please see the below resources for additional information on Cash Value Banking with Whole Life Insurance. Books are listed in the order I think they should be read.
This is the book that started it all. In this book, Nelson Nash lays out not only the basic framework of using whole life insurance as a means of performing your own banking functions, but also the business theory behind how and why it works.
This is an excellent book to really look at the numbers behind typical retirement plans and cash value banking with whole life insurance. Burnell really brings to light some of the faulty reasoning behind today’s mainstream financial planning.
The #1 personal finance book of all time. Kiyosaki retells his true story of growing up with “two dads.” His real, highly-educated but poor dad and his friend’s successful businessman “dad,” with an 8th grade education, who taught him about how money really works.
What we do with whole life insurance meshes perfectly with three of his primary money concepts: 1) Pay yourself first 2) It’s not what you earn, it’s what you get to keep 3) Buy assets not liabilities.
Tying together Becoming Your Own Banker and How Privatized Banking Really Works, The Case for IBC spells out how a cash value whole life insurance policy can be used to strengthen one’s personal finances and investments.
Kim Butler, one of the founders of the Prosperity Economics Movement, does an excellent job of crystallizing some of the cash value banking concepts into a short read with great examples and use cases.
(NOTE: It would be totally ok if you read this book first!)
A seminal work in economics, this book will walk you through, in easy-to-read layman’s terms, the logic of various economic policies, from War to Rent Control, with the “One Lesson” applied. This is a must-read for understanding the universal economic principle of opportunity cost.
By Kim D.H. Butler & Jimmy Vreeland
In Busting the Real Estate Investment Lies, real estate expert Jimmy Vreeland has teamed up with life insurance guru Kim Butler to show you how to break the middle class myth and find financial freedom through the time-tested method of combining real estate with whole life insurance.
Free PDF Book: Financial Planning Has Failed
By Kim D.H. Butler
This best-selling book is available as a free download right now. You will get a look “behind the curtain” of the financial planning industry, as told by a former certified financial planner.
Websites / Organizations:
Home of THE INFINITE BANKING CONCEPT® financial system, as laid out in the first book above, Becoming Your Own Banker. An excellent resource for further education on using Whole Life Insurance as your primary cash asset.
A great resource for articles relating to personal finance, retirement, and alternative investments.
The website for financial analysis software Truth Concepts. Not only do they have the best financial software out there, they also have some great video and article resources breaking down specific examples of the financials relating to 401Ks, interest, financing, and, of course, life insurance.
Software and Tools:
YNAB (“You Need a Budget”) is hands-down the best budgeting software available today. The others in the market (mint, personal capital, etc) are great tools for seeing your overall financial picture, but they are not true budgeting solutions. YNAB uses the age-old “envelope” strategy and gives every dollar a job, every month. They also have an excellent educational platform to help you learn how to budget.
We currently have 7 detailed videos with financial calculator walk-throughs of different topics such as 401Ks, financing, life insurance, and college education. These videos can be found here ->
Our mission is to help your family and/or business realize its full financial potential. We help identify areas where money is getting away from you in the form of opportunity cost (taxes, fees, inaccessible cash) and bring that money back under your control.