Comments on: Money For Life… http://www.cashmissing.com/money-for-life.html Find Money That Is Owed To You! Thu, 15 Jul 2010 12:31:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Joe S http://www.cashmissing.com/money-for-life.html#comment-2900 Joe S Wed, 14 Jul 2010 03:08:20 +0000 http://www.cashmissing.com/money-for-life.html#comment-2900 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". <br /> <br />Pros: <br />- Details on the system that other books lack <br />- Good insight on how to think about money differently <br /> <br />Cons: <br />- Not enough real life examples <br />- Tries to get you to use one of their financial advisors Rating: 4 / 5 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

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