Take Control Of Your Finances With The Infinite Banking Concept Car Buying Guide

Sep 27, 2023

Are you tired of paying banks more than what was borrowed for large purchases? Would you like a more cost-effective alternative? Then learn how to use infinite banking concept to fuel your next purchase with I Own My Bank.

If you’ve ever wanted to make a large purchase, such as buying a new car, you’ve probably spent time searching for the best loan options for your needs, because that’s what everyone does, right?


The truly wealthy know that these traditional banking methods were developed by the banks and for the banks, meaning you are not their priority in the transaction. Instead, they use financial strategies that make their depositors money work for them.

So, if you’d rather learn about a way that puts you in the driving seat when buying a car, both figuratively and literally, you’ll want to check out "Drifting Away from Traditional Car Buying - How to Keep Both Your Car and Your Finances in the Fast Lane", a guide offered by I Own My Bank, which shows how you can use the Infinite Banking Concept, or IBC, in making sizable purchases.

In the guide, you will learn the ways that the IBC can be used to create a tax-free lending system that frees you from traditional bank loans and their associated high-interest fees.

It will show you the step-by-step process for implementing the IBC into your own finances, making it easier to make large purchases, such as buying that new car you’ve always wanted.

Learn more at https://www.iownmybank.com/blog/b/car

A recent survey reported that 85% of cars in America are bought on finance, with an average loan of $26,162 and monthly payments of $467. These figures highlight that, despite the incurred cost, many Americans are still using traditional bank loans to buy a car.

"Drifting Away From Traditional Car Buying - How To Keep Both Your Car And Your Finances In The Fast Lane" initially provides a breakdown of the IBC and its history. This includes its development by economist R. Nelson Nash and the ways it incorporates the I Own My Bank's principles of:

  • Paying yourself first.
  • Paying yourself back with interest.
  • Recycling and recapturing the money you spend.

As the guide explains, Infinite Banking is a way of using whole life insurance policies to create dividend-paying assets that can start creating a cash value within 30 days. Using this liquid cash, you can use it as a tax-free cash option for making large purchases.

To help make this process easier to understand, the guide also has real-life examples of the IBC process. These complete run-throughs show how the concept can be used to buy and pay off a car purchase, with detailed breakdowns of the math.

The guide is available without any upfront costs and comes with several additional resources to help you get started using IBC in your own financial strategies.

A spokesperson for I Own My Bank said, “Enjoy the benefits of flexible repayment terms, low-interest rates, and the ability to maintain control over your financial future, all while driving away in your dream car.”

Break away from traditional bank loans and start using the IBC when making large purchases today!

For more information, you can visit https://www.iownmybank.com/blog/b/car where you can get a copy of the guide.

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