guaranteed cash value increase

How to become your own source of financing

January 11th, 2012 by Pamela Yellen | 11 Comments

Updated November, 2019

In a Nutshell: By using a little-known form of high cash value, dividend-paying whole life insurance, you can essentially be your own “bank” — your own source of financing — instead of relying on traditional lending institutions.

What if you could bypass banks, finance and credit card companies altogether and become your own source of financing?

It’s easier to do than you might think and hundreds of thousands of people are already doing it!

To show you how to become your own “bank” — your own financing source — we’ve created a fast-paced video. This video reveals . . .

A way to make major purchases that beats financing, leasing or even paying cash for them!
How the Bank On Yourself method lets you use your money to buy things… but still have it earning interest and dividends for you
Six ways this method beats using traditional financing
How famous people like Walt Disney and J.C. Penney used this method – when no banker would lend them a dime
How the average family can add $500,000 – or more – to the their lifetime wealth, simply by running their car and vacation purchases through a Bank On Yourself plan

Click the play button below to watch the video…

Would you like to find out how much more wealth you could have when you become your own source of financing?

No two Bank On Yourself plans are alike. Each is custom tailored to your unique situation, goals and dreams. To find out what your bottom-line, guaranteed numbers and results would be if you added Bank On Yourself to your financial plan, request a free, no-obligation Analysis today, if you haven’t already done so.
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If you’re wondering where you’ll find the money to fund your plan, keep in mind the Bank On Yourself Professionals are masters at helping people restructure their finances to free up money to fund a plan. Here are the eight most common places they look.

Here’s another video you may be interested in…

Would you like to see a specific example showing how much guaranteed and predictable income you could have in retirement, using the Bank On Yourself method?

Click the play button in the video below to see a fascinating example:

When opportunity knocks, will you be ready?

November 9th, 2010 by Pamela Yellen | 5 Comments

In every economy – whether boom or bust – opportunities arise. Unfortunately, most people don’t have the financial resources to take advantage of them.

This is an inspiring story of how people are using the Bank On Yourself method to be in a position to take advantage of some amazing opportunities…

Here’s a new reality: You need cash now more than ever. Not credit. Not equity. Cash.”
– “Why Cash is King,” Men’s Health, November, 2010 issue

joni-schulz-and-dave — “Bank On Yourselfers” Joni and Dave Schultz

Take Joni and Dave Schultz, who just happen to be my sister- and brother-in-law. Joni is a hospital department supervisor and Dave just retired from his job in construction.

They came to visit us recently, and Joni’s first comment when she walked in the door was, “Now I get it! I understand why Bank On Yourself is so much better than using a credit card or finance company, and why it’s even better than paying cash for stuff!”

Joni and Dave started a Bank On Yourself policy about five years ago, in order to supplement their retirement income and add predictability to their financial plan.

But they’d never used it to finance any purchases… until now.

Opportunity knocks…

Famous people who use the Bank On Yourself method

June 30th, 2010 by Pamela Yellen | 45 Comments

There’s one surprising thing Walt Disney, J. C. Penney and the Pampered Chef have in common – they all used the Bank On Yourself method to start, grow and/or finance their businesses!

Walt Disney borrowed from his life insurance in 1953 to help fund Disneyland, his first theme park, when no banker would lend him the money.¹

Following the 1929 stock market crash, famous retailer J. C. Penney borrowed from his life insurance policies to help meet the company payroll.² Had he not had ready access to capital, the company probably would have been forced to close its doors, adding even more people to the unemployment line.

The Pamperd Chef used dividend paying whole life insurance loan for initial capitalization

In 2002, Doris Christopher sold her kitchen tool company, the Pampered Chef to Warren Buffett for a reported $900 million. Seven years earlier, she launched the company with a life insurance policy loan.³

Foster Farms was founded in 1939 when Max and Verda Foster borrowed $1,000 against their life insurance policy to buy an 80-acre farm near Modesto, CA.⁴

Senator John McCain secured initial campaign financing for his presidential bid by using his life insurance policy as collateral.³

So-called “permanent” or cash value life insurance (versus term insurance, which is like renting insurance) builds up cash value that policy owners can use in difficult times as a ready source of money to cover personal or business expenses for emergencies and even to cover insurance costs.

Hold your financial course or change your course?

June 15th, 2010 by Pamela Yellen | 5 Comments

“Those who can't remember the past are condemned to repeat it.” - George Santayana
The Dow has dropped below 10,000 several times recently – a level it first reached more than eleven years ago and has since bounced over and back an astonishing 63 times!

Millions of people who were counting on their homes to help fund their retirement now have no equity to count on, because they owe more than their homes are worth.

Credit is still extremely tight for both businesses and consumers, underscoring just how little control we have when we have to rely on other people’s money.

As we face continuing economic challenges, many people are wondering… what does the future hold?

Ever hear the old saying, “Change is the only constant?” Today that is clearly true more than ever! Stephen Covey, author of the run-away best seller, Seven Habits of Highly Effective People, tells the following story:

How will the debt crisis affect Bank On Yourself?

May 13th, 2010 by Pamela Yellen | 29 Comments

A question we are getting frequently right now is how safe is your money in a Bank On Yourself plan if the debt crisis in Europe continues and spreads to the United States?

Let’s start by answering the question…

What do life insurance companies invest in to be able to deliver on their promises to policy owners?

Life insurance companies are highly regulated and required to maintain sufficient reserves to ensure they can pay all future claims.

They are regularly audited by the state insurance commissioners’ offices, and sometimes by dozens of states, to ensure they are on solid financial ground. And a multi-layer safety net exists to assure your money in a life insurance policy is secure.

You may be wondering, “What about AIG?” Many people missed the fact that AIG’s problems were caused by a holding company, not its life insurance subsidiaries. Their insurance companies were walled off from the problems, have always been solvent and did not receive a bailout.

The companies recommended by Bank On Yourself Professionals are among the financially strongest life insurance groups in the world.

They enjoy some of the strongest surplus positions in the industry, approximately double the industry average.

These companies are, in essence, owned by policyowners, rather than stockholders, which allows them to focus on the long-term interests of policy holders, rather than the short-term demands of Wall Street.