Sure you don’t wanna sit around the house and spend time calculating how much interest you have to pay to banks because you had financed large expenses like your child’s education, a car for your wife and house for your family.
I do not know anything much about banking policies and concepts but when I’ve read about “infinite banking“, I feel that it is indeed a great help for people who would like to invest on financing big items without lending from banks.
I know that the traditional way of saving up is still the best but the question is how long will it take for you to have your own house if you do that? I am not personally encouraging the concept of infinite banking as it also has its disadvantages but yes, there is no harm in knowing more about it.
Mitch Carvalho
I am a full-time home-based Marketing Manager by day, 24/7 Mom, and a Blogger/Content Creator in my spare time. Proud mom to 2 girls and 1 boy, Derelle, Erchelle, and Elric.
I am happy to share my adventures as I walk through motherhood and have to do most things on my own while my husband works miles away from us. Turning my passion into a profitable venture is another thing.
Authoring and managing this personal blog developed my social media awareness over the years.
From being an ex-OFW to doing what I am good at in the comfort of my own home – while taking good care of my 3 wonderful kids, I hope that people see me as a great inspiration when it comes to pursuing my passion and turning it into a profitable venture.
A giant leap like this is such a challenging journey but indeed is rewarding. A few bumps along this whole journey did not stop me from being the best version of myself.