Free PDF Bank on Yourself: The Life-Changing Secret to Growing and Protecting Your Financial Future
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Bank on Yourself: The Life-Changing Secret to Growing and Protecting Your Financial Future
Free PDF Bank on Yourself: The Life-Changing Secret to Growing and Protecting Your Financial Future
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Product details
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Audible Audiobook
Listening Length: 7 hours and 1 minute
Program Type: Audiobook
Version: Unabridged
Publisher: Gildan Media, LLC
Audible.com Release Date: January 8, 2010
Language: English
ASIN: B0033T5LKE
Amazon Best Sellers Rank:
Rather than bore the "Average Joe" with the fiscal details of Bank On Yourself, this book uses simple concepts and anecdotal storytelling to help introduce the concepts to new people. If you're looking for a hardcore reference book, this is not it; if you're looking for an introduction to a new type of banking, this book is for you. You're still going to want to talk to an actual Bank On Yourself agent who can answer many other questions and get you set up the right way the first time, but if you're simply exploring new options for your financial security, this is an easy-to-read book.
Glad I spent very little on this book as its really an infomercial. Definitely not what I was looking for; useful knowledge regarding any aspect of personal finance.
Great so far...Just opened up my first Bank On Yourself Account and so far so good. Slow returns at first but future projections look very promising. Just a warning though, You do need some monthly capital to start investing !!!
The concept discussed in this book is worth learning about and implementing. I learned the concept through other sources and decided to go with it and set one up. You don't actually set up your own FDIC insured bank, what you do get is actually better. The value of it increases year by year, you get dividends and this will happen even if the economy collapses. I think it's better than owning gold which is so volatile.Don't listen to the reviewers who give it one or two stars. These people don't get the concept and their bashing it does a disservice to other people.This is a strategy that's 160 years old and has been tremendously successful. If you are really looking for a fantastic money strategy that steers clear of the stock market that you can use in your personal life and also get tax write off benefits for your business and do it safely, this is the one. It's a brilliant concept. Read the book and take advantage of it.
If you are at all concerned about your financial future, this book is for you. I have not yet bought a poliicy but plan to do so this week. I NEED to make my money work for me, not against me. This book tells you how!
This should be required reading for all students (for that matter, EVERYONE!) so that they are introduced to a guaranteed way of accumulating wealth and learning of an alternative way of financing their major purchases that is never discussed in the mainstream financial media.
I would race to be the first to deem Pamela Yellen's Bank on Yourself book junk, but the Chesapeake Public Library beat me to it. In fact, opening the book I purchased used via Amazon, I wondered whether someone had the gall to steal it from a library in order to sell to a stranger. Nope; instead the library's return-to-owner's address label had been stamped with big, red letters, declaring, "DISCARD." Yes, this nearly new, $25.95 hardback, copyright 2011, had already been deemed rubbish by a librarian.In fact it amounts to merely a hardbound sales pitch contrived to inspire readers to contact the author's team of "advisers" in order to purchase "customized" whole life insurance. Self-serving and scary are the author's enumerated "'common' ways to find the money to start your B.O.Y. plan." Sorry, but must suggest that B.O.Y., in this case, could stand for Born Only Yesterday.Here's a poison tip suitable for an arrow of financial self-destruction (p. 197): consider paying only the minimums on your credit card balances in order to buy more life insurance. Another: raid your IRA. And a mainstay of many charlatans: manage [read: raid] your home equity "wisely." Please.A cloak-and-dagger quote from page 34: "I want to tell you what Bank On Yourself is, but I'm afraid you'll have the same reaction a lot of people do, because they've been misinformed about it." My father used to say that it is virtually impossible to get a life insurance salesman to admit what he's trying to sell you. Not that life insurance is bad, but it falls under the heading "Moderation In All Things."Anyway, I'm no credentialed financial expert or adviser, so let me restate what Scott Burns wrote in his business column: These plans that involve putting all of one's net worth into life insurance aren't at all what they're cracked up to be.One more thing. Scott Burns has explained more than once that annuity and life insurance companies take the money consumers entrust to them and (get this) invest it in the stock market, invariably sharing its returns. If the bottom were to completely fall out from under the stock market, those revered companies would not be able to pay up as promised, and the federal government's guaranty funds would run dry. Then our nation might have to require a bailout from life insurance salesmen.
Logical presentation. Sensible information. Worth considering. Potential formerly is magnified using this program. Expect it to work better than stock market or standard investment vehicles.
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