Posts in category: Articles

Unless you’ve never taken out a loan, you’ve already padded the pockets of banks and bankers. And if you’re moderately successful you will continue to hand over thousands and thousands of dollars over the course of your life.

If you continue to be financially “above average” and don’t figure out how to cheat banks out of that interest, you are losing out on millions. How? If you take the thousands you are paying in interest and invest it in other money-making activities, over time that money would easily grow into millions!

Living without your bank and still having access to borrowed money might seem impossible, but YOU CAN! We want to teach you a new way of thinking and managing your money, to put more at your fingertips and make it work for you in ways you haven’t thought possible until now. Are you in?

Money doesn’t usually magically appear. You work hard for it, and you’re going to put it somewhere besides your sock drawer for safekeeping. We’re suggesting instead of traditional investing, you put it where you can get a return and use it at the same time. This requires looking at your personal financial system in a new way. You’ve probably upgraded your phone, your computer, and your car. It’s time to upgrade your outlook on your cash management system.

The radically simple idea of being your own bank is that you recapture interest that you would have paid to a bank for items you will buy anyway. It was Nelson Nash who modernized the Infinite Banking Concept©—a cash management strategy that can change your life. And he literally hasn’t used a bank in decades. He said this, “The Infinite Banking Concept is not a bank; it is a thought process that represents a major paradigm shift.”

Infinite banking, used in the Perpetual Wealth Strategy, is not a get-rich quick tactic. It’s a proven, disciplined, steadfast way to make more money because you pay less interest, recover fees and charges, an do it all tax-free. How do you do this? The idea is straightforward, and we’re not shy about telling you that you use LIFE INSURANCE as the financial vehicle that will carry you to freedom. Not just any life insurance though, you’ll use dividend-paying whole life insurance with a cash addition. With a little thought, careful planning, and self-discipline, it’s seriously as easy as this:

Open a whole life insurance policy with a cash addition
Sock away cash
Watch your money grow safely and steadily
Find something to purchase or invest in
Use the policy loan provision to borrow money from yourself
Pay yourself back
Borrow money from yourself again
Pay yourself back. . .again
Pass the money and strategy down to your family
A radical change in the way you bank starts by understanding this concept, “Your need for financing throughout your life is as great as or greater than your need for a death benefit.” Why not have both? This mindset is a drastic departure from the predominant stock market mentality of, “Give money to me and maybe I can grow it—but you can’t touch it until you retire.” Why is the 401(k) strategy still so popular even when the market is so volatile? Because the people currently taking your money would like to continue taking your money.

We’re part of a radical financial change movement where you take back the use of your money. The more people understand and participate in this type of cash management system, the better. There isn’t a limited amount of abundance here. Let’s shift the paradigm to the point where we use the stock market and banks on our own terms, not as a gambling hall for our retirement security.

Source: http://paradigmlife.net/blog/how-to-cheat-your-bank-out-of-interest/

If you learn tax secrets, that aren’t really secrets, then you’ll be managing your money like the top 1%. And the secrets are right in front of your eyes—in the tax code.

Fundamentally, everyone wants to pay fewer taxes. But looking at the big picture we see that important initiatives in the U.S. are funded by tax dollars. So why are the wealthy good at making taxes work for them? Let’s look closer. Often, government initiatives are funded by commercial dollars (not taxes), because of tax incentives, and the tax code is your map to finding tax incentives. Most people think that because the tax code is an extensive set of rules it’s restrictive, but knowing the tax code or partnering with people who do, can guide you to smarter investments and bigger returns.

Here’s an example of how the tax code is your guide to teach you how to not pay taxes and create a win-win for everyone. Samantha learns that investing in low-income housing offers great tax incentives, and that’s not coincidence—the government wants to swing investment money toward certain industries that take care of the poor (and other places as well, depending on political influence that we won’t get into here.) Samantha supports funding low-income housing and she also gets a great tax break for putting her money there. Everyone wins.

Whether or not you’re a fan of government intervention or how you feel about the IRS, you may as well take advantage of tax incentives. Let’s face it the way tax incentives are set up dramatically shifts the cash flow within the U.S.—and many programs wouldn’t even exist if you remove the tax incentive.

The tax code is complex, no doubt about it, and frankly that’s one of the reasons it works well. The key to taking the mystery out of this important investment concept is to educate yourself on it and partner with others who already know it extensively.

Tom Wheelright of ProVision Wealth Strategists™ is a friend of ours. His book Tax-Free Wealth is a great place to start understanding how the tax code can save you money. Here are four ways he recommends for growing your wealth while paying fewer taxes:

Analyze the income tax rate you pay now. Your tax rate goal should be 25% or less.
Learn about the tax code and network with partners who know the tax code.
Decide what is important to you and the best places to invest your money, get tax incentives, while supporting the industries you believe in.

Free up cash to invest in causes that align with your values.

Where do you get available cash to put this strategy to work? Well, we can help you with that too. It’s a concept called the Perpetual Wealth Strategy and we want you to learn all about it. It provides you with the cash you need to make investment choices that align with your values, ditch your 401(k) and earn dividends while you do it.

Source: https://paradigmlife.net/blog/irs-wants-tell-dirty-secrets/

Your relationship with money started forming as a child, and it affects your current decisions about money in a very real way—a scarcity mentality can prevent you from seeing all of the good that currently comes into your life. The daily story you tell yourself about money will either keep you bound and afraid, or it can free you to make better, deliberate decisions. We’re not ignoring the challenges that come into your life, but dwelling on an empty account or comparing yourself to others creates negative mind patterns that can be difficult to overcome.

Identify Your Money Mindset
In an age of greater technology and ease, we take for granted luxuries that our ancestors would have thought were amazing (indoor plumbing. . .need we say more?). Yet, The Fiscal Times says that adults over 30 are becoing more miserable over time (http://var/www.livescience.com/52771-why-teens-are-happy-adults-miserable.html ). Tons of factors contribute to why this could be. The economy, politics, uncertianty of future, immediate access to worldwide negative news, unmet expectations—the list goes on. more importantly, what can you do about it? Yes, you. The first step is to peek inside of your own mind.

What do you think about your personal abundance and happiness? Do you have negative thoughts and beliefs about money? Many of them may be unconcious (until now). How many of these phrases describe you?

• I feel like I’m not in control of how much money I make
• I avoid risk when it involves money
• I can’t be economically successful and spiritual too
• I don’t have time to learn new strategies
• People who have money are lucky
• If I had more money my problems would be solved
If you’ve agreed with several or even one, your money mindset may be holding you back from your full potential. The great news is, when you get a grip on the reality of your money mindset, it puts you in a position to change those thoughts if you want to.

Look at the Bigger Picture
The ability to control our thoughts has been debated for centuries by philosophers and scientists. We can agree that a vast portion of your thoughts are bouncing around in your unconcious. However, consistent, even fleeting, negative thoughts create pathways that become easy to walk again and again. But “trying hard” not to think about something almost guarantees you’ll dwell on it, so what can you do? You need to retrain your neuropathways—step back and find a new technique.You can take control of your abundance and happiness.

Reshaping the way you think about money can build financial freedom. Learn more about mindfulness and how to use it daily to improve your life. Mindfulness is not meditation, rather, meditation is one way to achieve consistent mindfulness. We’re suggesting that you deliberately and permenantly shift your thoughts—exercising your mental muscles to direct your brain’s attention and focus. Your thoughts have everything to do with the way you view, acquire, and manage money.

Develop Your Strategy
Mindfulness and money don’t just happen without effort. You need specific activities that pull you out of a negative mindset (nothing we’re suggesting should take the place of any needed professional care, of course):

• Books and audiobooks— get online or go the the library. Research and find your own mentors and gurus. Learn something new and positive every day.
• Meditate—sit and feel gratitude for what you already have. This is where your beliefs and ideas about money are free to shift.
• Motion—get up and get going; whether it’s exercise or just getting your energy in motion, it’s vital to literally keep moving.
• Perspective—focus on the now. You are likely safe and content just as you are; sitting and reading this article. Your basic survival needs are met (you’re warm and dry and fed, right?).
Each time you do a mindful exercise or activity, your positive mental muscle will get stronger. Here’s a short exercise to get you into the right head space.

Sit where you are or if you prefer, take a walk.
Observe your thoughts. Just notice them. You may be frustrated, impatient, or anxious.
Take a few deep breaths. Label each breath as it goes in as “inhale,” and out as “exhale.” Labeling your breaths will focus your mind and make room for deliberate thought.
Think carefully about how money comes into your life and where it goes. Examine the way you think about money generally, do you believe it’s hard to obtain? How does your past and childhood primary caregivers influence those beliefs? Is it time to rewrite your thinking?
Create a new awareness about money. Some examples are, “I’m worthy of money,” “Money is a force for good in my life,” “I use money to help others,” “When I work hard I am rewarded,” or “My ideas are lucrative.” You need to replace those old thoughts and beliefs about money with something positive.
If this seems boring or hokey, remember your mind is very singular and likes to think the same thing over and over. In fact, the majority of today’s conscious thoughts actually mimic the thoughts we had yesterday! If you really want to change your thinking, it’s important to sit in the present moment for just a few minutes each day. Your thought patterns about money will shift in a way that lets you focus on generating new and useful ideas—and those ideas are what will change your life. All inventions, technology, and business opportunities start out as thoughts.

Regardless of your current financial situation, mindfulness improves your relationships, immune system, and ability to generate ideas. It reduces stress and opens your mind to realistic possibilities. Integrating even small amounts of mindfulness daily can make profound, positive changes happen in your relationship with money.

To help inspire you on new ways of thinking about money and positive strategies for managing and building wealth, we have developed an eCourse called Perpetual Wealth 101®. In this course you’ll receive access to video tutorials, articles, and podcasts that will help you think positively about money.