Dynasty Wealth Partners
Dynasty Banking / College Savings Plus / Business Without Banks
“What we thought we knew is not always what holds to be true.”
We launched our latest business venture in the spring of 2014. After attending a seminar called the Night of Clarity in August of 2013 we learned of an old concept using permanent life insurance as a savings vehicle (this is not an investment).
The idea is to have a savings plan in which you can then use to finance purchases over a longer period of time. Dynasty Banking is based on the idea created by R. Nelson Nash called The Infinite Banking Concept (IBC). One of the main points to understand is that we literally finance everything we buy and by changing the way we purchase and finance we can capture interest that goes to banks. The other problem is taxes. While we don’t know what the future holds, taxes is one of the biggest wealth drains Americans face. If we could plug those tax leaks by sheltering our money in a structure that will allow us to create a multi-generational wealth transfer system i.e. Dynasty Banking, families could be changed forever.
Part of our Dynasty Banking is an educational platform to teach people how to save, build and protect wealth. One of our educational products is called College Savings Plus. By starting early with our children we can give them the head start in life.
The Dynasty Banking and The Infinite Banking Concept will teach you how to become your own banker by:
- Creating your own banking system using dividend-paying, permanent life insurance.
- Using available savings and cash flow to build your own “bank.”
- Capitalizing and establishing your plan.
- Using the method to finance your automobile purchases and even to finance your home.
- Expanding your system to accommodate all income through a system of “banks” to increase your personal wealth.
- How a business can use the concept for equipment financing.
The possibilities are infinite!
This is not an investment. This is a savings and cash management tool that if properly implemented will give you more safety, more flexibility and more wealth over your lifetime than you would otherwise have. You may be asking,
Michael, why are you getting involved in another venture? Don’t you already have a successful and thriving business with AMSOIL synthetic lubricants?
The short answer, Since about 1997 when I began my investment life I have become a student of wealth creation. In a round about way this is how I became to be be an AMSOIL dealer.
You see when you become successful you then look for ways to secure your successes and your wealth. After trying the stock market, real estate and other investments I went on the search for a safer way to grow my wealth. You see, investment in my business was and is my primary way to build wealth. After learning about Infinite banking in 2013 after attending a Night of Clarity event I became obsessed with the idea of implementing this concept into my life. A direct extension on this was, “how can I show this to others?” It was only natural that I decided to become a licensed agent in the practice of Becoming Your Own Banker.
Why is this so important to you?
There is something fundamentally wrong with our country. Our savings rates are at all time lows. Personal and business debt is at an all time high. Millions upon millions are betting that the stock market will allow them to retire comfortably when they are ready. This is the problem.
We all have our priorities wrong. 50-100 years ago people saved their money, paid cash for everything including real estate, businesses and other investments. I believe our country would be a stronger and safer place if we went back to those principles.
The Federal Reserve is at the heart of the problem. Crony Capitalism and back door politics are the problem. The Banks get bailed out but the average citizen is broke and getting broker.
I’ve learned about a solution! A solution to remove ourselves from the problem, many of you are not yet ready to unplug from the system and I understand that. Many of you are tired like I was of spinning my wheels, never getting ahead, watching the yo-yo affect of the stock market and laying awake at night wondering where and when the next bubble will pop.
I’m here to tell you, this idea that has been around for over 150 years and is still being used today by the wealthy is available to you if you only just open your eyes.
Financial Independence : “To become financially independent you must turn part of your income into capital (savings); turn capital into enterprise (business); turn enterprise into profit; turn profit into investment (compounding growth); and turn investment into financial independence.”
~ Jim Rohn
While I am still 100% committed to working at and building my AMSOIL business and helping people learn about synthetic lubricants and taking better care of their vehicles and equipment, I believe that fixing the fundamental problems our country faces, one person at a time is much too important not to be part of.
Check This Out
Taxbot is a web and app based tool for business owners and entrepreneurs to track business expenses and business mileage. We have been using TaxBot since 2015. Our accountant love us because it's so easy to export reports for tax season. We love the fact that we can track multiple business and multiple vehicle mileage logs with this.