Are you looking to buy a car, but feel betrayed by your bank’s interest rates? Wish there was a lower-interest alternative that puts you in charge of your own money? Then learn about Infinite Banking with I Own My Bank!
Buying a car, or making any other larger purchase, can go from being an exciting prospect to a stressful challenge as you start to weigh up the cost and fees that inflate the overall amount you’ll pay.
That’s why I Own My Bank has compiled a guide to help you get acquainted with the options you have for purchasing a car, and reveal why the Infinite Banking concept provides you with the most practical and cost-efficient choice.
Visit https://www.iownmybank.com/blog/b/car for more information.
With the report, you will also learn how using Infinite Banking strategies for any large purchase can help you avoid high interest rates and fees that exponentially increase the amount you pay.
Despite the world rebounding from the pandemic, you may be feeling the financial strains caused by the continually rising cost of living. Because of these challenges, it is crucial for those wanting to make larger purchases, such as a car, to be aware of the most efficient strategies to reducing overall costs. That’s why I Own My Bank has released a report on financing a car purchase and the benefits of Infinite Banking.
As the report explains, the most common mechanisms for purchasing a new car are direct cash payments, bank financing, or leasing. However, all of these options come with their own challenges, such as the need to have the full amount of cash readily available or the constantly rising interest on bank loans.
To give you an alternative financing option for buying a car, I Own My Bank explains the Infinite Banking concept, which utilizes whole life insurance policies as a means of paying for assets that is independent of banks or lenders. Developed by economist Nelson Nash, Infinite Banking can also be used to generate personal wealth and grow your retirement savings by funding the purchase of assets such as stocks and shares.
If you want to learn more about Infinite Banking and how you can get started implementing the concept for your own finances, you can sign up for an in-depth webinar hosted by I Own My Bank’s team.
A spokesperson for ‘I Own My Bank,’ said, “Our platform teaches you to take control of your own financing by leveraging the cash value of your insurance policy to fund your purchase.”
Learn how you can buy a new car without paying your bank for the privilege by using the Infinite Banking concept for your finances today!
For more information, you can visit https://www.iownmybank.com/blog/b/car where you can read the full report.