Money For Life…
Product Description
A great and easy read! MFL is whimsical, factual, funny, erudite and well written. The “how to” book for Americans who want total control of their money. The American Dream’s been hijacked. Corporate and governmental Behemoths foist failed financial paradigms on Americans. That makes Behemoths wealthy, but lures you into a dungeon of debt without practical means of avoidance or escape. Based on proven principles and practices that have guided Americans to peace of mind about money for over two centuries, MFL reveals how to ~escape the dungeon, ~build a solid personal economy that lasts and ~be your own bank…. More >>
Filed under Books by on Jul 14th, 2010. Comment. 
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Comments on Money For Life…
Good book on using whole life as a financing and savings tool to “be your own bank”. It gives you plenty of detail around the use of whole life (with paid up additions riders from a mutual, dividend paying company) as a tool to recapture interest you would otherwise pay to lenders. It also give you plenty of insight on different ways to think about money (than I had at least) and has a bit of a political slant toward tea party mentality. It does try to point you to an advisor from their YouBeTheBank web site, which I’d guess they get a cut of, but there is enough detail in the book to get you on the path to be your own “bank”.
Pros:
- Details on the system that other books lack
- Good insight on how to think about money differently
Cons:
- Not enough real life examples
- Tries to get you to use one of their financial advisors
Rating: 4 / 5