How is the Financial Prodigy System different from all the other money programs and financial programs out there?

The Financial Prodigy System is based on one key idea overlooked by all other financial programs, mentors, and experts: To be successful you must understand that the current system is set up against you.  Currently, you are taking all the risk and the system is always making money on your money no matter how it’s invested.  Most people have become comfortable because that system is all we have ever known and have therefore accepted it.  The Financial Prodigy System is based on a two hundred year old successful and proven record.  Our product and system is remarkable, easy to understand, extremely risk adverse and can work for you.

Many experienced financial professionals have attempted to help people put the current system’s  money puzzle together but unfortunately, they can’t give you what you really need or want because that system is based on you taking 100% of the risk. The simple and risk adverse way to put your financial plan together so it makes sense is by applying the Financial Prodigy’s System.


The answer is simple.

Consider that Wall Street and the government systems force you to risk 100 percent of your money in their system, guaranteeing only one thing: a completely unknown outcome.

Yet, their system administrators have a 100 percent chance of making money because we use their rules while they use our money!

They charge us fees in BOTH good and bad performing economies. They use and risk our money to make their money every day.

It doesn’t matter. They always get paid.

Wall Street pushes financial products like ETFs, other fund types, derivatives, and custody services. Bankers and brokerages can then charge transaction, management, and custody fees on them . . . It’s the lifeblood of the Wall Street Bankers’ profit machine.

They would never teach a system like the Infinite Banking Concept. It does not let them use our money. If they don’t have access to our money, their money machine stops.

Their system is akin to riding a roller coaster with your money. A New York Times article, published February 9, 2011, referred to the Infinite Banking Concept this way: “It’s viewed as an insider’s secret for the affluent: a legal way to invest . . . all without paying taxes on the gains.”

 This is the dawn of your new financial life. It has the real possibility for changing your family’s financial legacy . . . for generations.

The Infinite Banking Concept allows your money to benefit all areas of your life, with 100 percent control.

You can . . . finance your life’s ongoing needs, your savings, your retirement, and your estate planning, all with 100 percent access to your money when needed, a yield curve that never inverts, and a zero tax liability—for life!

You don’t need a financial degree to grasp the concept nor to implement the simple system. Someone once said, “Like a parachute, the mind works best when it is open.”

This is the financial answer you’ve been looking for, always wanted, but just never knew it existed.

Robert Kiyosaki once said, “The rich don’t do things differently than the poor, they do the exact opposite.”

Why does IBC come across as ideologically biased?

I realize the conversation in this book discusses the Infinite Banking Concept as the first major step in building your financial house. It’s certainly not the only piece of your financial building.

There are many building “add-ons” that can be included in your entire financial portfolio. The emphasis is on the IBC as your foundational platform. Having this system in place, including all its attributes, makes it a no-brainer foundational asset.

In reality, building upon the SDLIC is not mandatory, but then you would be seriously shortchanging yourself and your family. Using its available cash value to finance your life significantly decreases your chances of lost opportunity cost and the addition of what would otherwise have been lost interest to outside sources.

The time value of money is absolutely essential if you are to efficiently use and grow your wealth. With the SDLIC, your financial world opens up a whole new opportunity for your financial growth. Can you imagine your money work- ing for you in at least two different places at once—for the rest of your life? It’s a big example of the power your money can provide.

The concept of time value of money can be described like this: Typically, we’d rather use our money now, not later. For example, if you can use $10,000 now or in five years, you’d choose to use it now, all other things being equal. This is because the ability to spend the money immediately – an almost certain benefit, is superior to the uncertainty of spending it in five years, especially considering the inflation effect.

Similarly, if you invested the $10,000 or put it in a bank savings account earning interest (or paying interest due to negative interest rates) during these same five years, then you’d have to wait for the ability to use whatever the gain or loss was at a future date. Seen through the lens of IBC, the time-related opportunity cost is the reason that the concept of the time value of money is key in managing both personal and business finances.

The Infinite Banking Concept gives you both the utilization now and the enjoyment of its uninterrupted growth that continues for life. To the best of my knowledge, the SDLIC is the only financial tool that allows this concept to flourish.

How does the SDLIC yield curve work?

As discussed briefly in Chapter 7, the yield curve brings a significant benefit to the IBC SDLIC. With respect to only the SDLIC, the yield curve shows the value of how uninterrupted compounding of all monies inside the SDLIC works. I know of no other investment that enjoys a yield curve that never ever inverts. In the SDLIC, the yield curve always climbs in a positive direction. That statement is huge. Even better, the special attributes of the SDLIC’s ability to lend money from itself and still never lose the continued, uninterrupted compounding of all its monies . . . is miraculous. Review the following two yield curve graphs. Which one works best for you?


Is there any downside to owning an SDLIC?

The only answer we typically give is this: The biggest down-side is that your parents didn’t know about the IBC when you were born. The fact that you’ve read this far indicates that you have a willingness to know more. We suggest reaching out to our office to further discuss any concerns you may have. Time matters; delaying the conversation can impact you for life. Best of all, it’s free to have the conversation.

How am I going to fund my IBC SDLIC?

Suffice it to say, you’ll need to begin thinking differently about how your money will be working for you. The SDLIC is the tool to construct your foundation, upon which you’ll build the rest of your financial future.

You’ll always spend, save, or invest your money somewhere… When you fully grasp the Infinite Banking Concept, you’ll understand the significance of running as much of your money through the SDLIC system as possible.

You use a bank today, and you have no problem depositing money into it. The IBC is utilized in a similar manner. It’s a system that unfolds over time. Utilizing a portion of your current monies is all that is needed. The key is simply adjusting where you put it before it’s spent or stored.

You don’t need to create additional money to start an SDLIC; rather you’ll use existing funds to build it. This isn’t blindly done without a financial game plan. As an IBC authorized practitioner, I can share ideas for your specific situation so you can develop a plan to fund your SDLIC.

If you’re like most people, you’re giving up a lot of money paying interest on debt. As referenced earlier, capturing that outgoing debt is of high importance if you’re going to get ahead. Where you direct your outflow of money should be where you start when considering an SDLIC.

With regard to using 401(k) and/or IRA monies, that is a topic for you to discuss with your CPA or tax advisor. They probably won’t understand the IBC, but they will understand withdrawing monies from these government-qualified plans and how that will impact you. It certainly can be utilized in creating an SDLIC, but only after you have a clear understanding from your CPA or tax advisor about the tax consequences. Everyone has a pool of money. It’s typically stored in several places. Wherever the money comes from, it can be used to start an SDLIC.

I have a Roth IRA, I’ve already paid the taxes, and my investment is tax free. How can IBC help me?

You’ve paid taxes upfront on your Roth IRA. However, you still have unnecessary risk in the stock market, you don’t have access to your money—maybe for years, and politicians could change tax policies at any time on the Roth or standard IRA, or even the 401(k). In addition, you don’t have a death benefit that pays out multiples on the cash value.

On the other hand, if your money was invested instead in an SDLIC, it’s typically as easy as making an emailed request for access to all the available cash value 24/7/365. This simply doesn’t happen in the IRA world. When you’re using your own money and not someone else’s to finance your life, your financial world will change beyond what you ever imagined.

Teresa Ghilarducci, professor of economics at the New School for Social Research, published a brilliant article in the New York Times, “Our Ridiculous Approach to Retirement.” She bundled all the investment challenges we face into the following:

Not yet convinced that failure is baked into the voluntary, self-directed, commercially run retirement plans system? Consider what would have to happen for it to work for you. First, figure out when you and your spouse will be laid off or be too sick to work. Second, figure out when you will die. Third, understand that you need to save 7 percent of every dollar you earn. (Didn’t start doing that when you were 25 and you are 55 now? Just save 30 percent of every dollar.) Fourth, earn at least 3 percent above inflation on your investments, every year. (Easy. Just find the best funds for the lowest price and have them optimally allocated.) Fifth, do not withdraw any funds when you lose your job, have a health problem, get divorced, buy a house or send a kid to college. Sixth, time your retirement account withdrawals so the last cent is spent the day you die.2

So the secret about the Roth IRA and 401(k) plans is this: You don’t need to have one to build a retirement. No one in their right mind should start one, and if you have one, you should reassess why—and consider the SDLIC as the alternative.

The sponsors of 401(k) plans are being fined, penalized, or forced to make reimbursements for the plan errors. The average fine is $600,000. Fidelity, one of the largest 401(k) sponsors, settled two class-action lawsuits for $12 million . . . after being sued by its own employee over excessive fees.

You mentioned that the insurance company charges simple interest when a loan is taken from the SDLIC. How does that work?

Yes, that’s true. In brief, within the SDLIC, there are two kinds of interest addressed. Simple and compounded. Simple interest is paid to the company annually on the outstanding balance of any loan against the SDLIC. Simple interest is tabulated on only the outstanding loan balance—and once a year.

For example, if one dollar from the available cash value of the SDLIC was taken as loan, and the insurance company was paid five percent upon the anniversary of the loaned dollar, the borrower would owe the sum total of five cents. In recent years, and as of this printing, about five percent has been the going rate for simple interest.

Unlike most other types of loans, as the principal loaned amount decreases over time, the amount of the interest paid to the insurance company decreases. That’s because the principal amount of the loan is less, which translates into less interest paid to the insurance company. The outstanding simple interest is always prorated down as the principal is reduced.

I’m a business owner; how can this be applied in my business?

There are many favorable ways the SDLIC can be utilized within a business. Let’s start by asking where you store the money that you set aside for your impending taxes. You pay either quarterly or less frequently. Currently, that money is stored somewhere. A bank? Why not in an SDLIC?

Consider this: once that same money is held in the SDLIC, you will forever reap uninterrupted compounding on every cent in the system. Remember, you can request the money anytime and redeposit it anytime too. Think banking system, storage system for your money.

Ever want to add equipment or grow the business? Many times business owners borrow the money from a bank. Why not start a system where you could borrow from yourself? R. Nelson Nash has a great explanation of equipment financing in his book Becoming Your Own Banker. We have other videos on this site as well that explain this too.

As a side note, if the major investment banks in this country have more than $400 billion stored in life insurance called BOLI (bank-owned life insurance), it seems logical that it would be useful to the rest of us business owners too, right?

Consider IRS Section 162. This section of the IRS code is little used, but it has great benefits for the business owner. For example, an employer can add additional compensation to the employee, both through the cash value and the life insurance inside the SDLIC.

Within this funding, the employer can design future pay-outs in several different ways. It could take place as a bonus payment plan, as in a Key Man insurance policy. The role of Key Man insurance is to protect the company in the case of a key person’s death or loss of employment. A key-person represents someone who is critical to the business operation. The loss of this person would create a significant hardship for the company operation.

Another option is called a golden handcuff policy. This is used to retain a valued employee, creating an incentive to remain with the company for a set number of years, as agreed to within a separate contract. In fact, both Key Man and golden handcuff policies can be used concurrently if needed.

These are but a few ideas, each being free from IRS over-sight as non-qualified compensation plans, which are unlike most other qualified plans. In fact, the employer has the ability to share unequal amounts of bonus-type funds to employees through Section 162. This section gives the employer a lot of flexibility with employee compensation and is far less complex than the standard qualified plans the IRS oversees. We can review the different options with you.  We then recommend you include your CPA or qualified tax professional to discuss these various options as presented for validation and incorporation.

Is an insurance company a safe place for my money?

Insurance companies are among the safest places for your money. Consider billionaire business magnate and philanthropist Warren Buffet. He made much of his wealth in his insurance businesses. The life insurance companies that IBC Practitioners use rank among the best of the best, and they are among the safest of all financial institutions.

As noted earlier, the Comdex ranking system is used by the financial industry. Comdex is a composite index based on the rankings that companies have earned from the lead- ing rating services, including A.M. Best, Standard & Poor’s, Moody’s, Fitch Ratings, and One can com- pare the Comdex rankings of insurance companies, on a scale of 1 to 100, to find the best companies.

Corporations call their corporate-owned life insurance COLI. Here’s a sample list of companies that own COLI of the more than 700 Fortune 1000 companies. Time Warner, Johnson & Johnson, Harley-Davidson, Verizon, Disney, GE, and Walmart.

Should you desire to investigate the amount of bank-owned life insurance (BOLI) a bank has, navigate your browser to As of the writing of this book, these are the instructions for conducting a search: At the top of the page, place your cursor over “Industry Analysis,” then click on “Bank Data & Statistics.” Select “Institution Directory,” and select “BankFind” at the top right. Simply enter the institution’s name and click on the search button at the bottom of the page. It will bring up certificate numbers of the biggest banks within the institution you named. Click on “Generate History.” Around pages 35–45 (varies with the institution), you can find the life insurance assets section, which lists the cash value life insurance assets that the institution owns. As shown at the beginning of the book, the banking world has more than $400 billion invested in COLI alone.

Digital Journal issued a press release on October 6, 2017, titled “Why 401(k) Founder Regrets ‘Monster’ He Helped Create; Financial Investigator Pamela Yellen Reveals Where 401(k) Founder Ted Benna Now Puts His Money.” It reads, in part,

Early supporters of the 401(k) now warn consumers against participating in the revolution they started. Two-time New York Times bestselling author Pamela Yellen investigated the savings strategy now advocated by the founder of the 401(k) and has some surprising findings.

Ted Benna is credited with being the “father of the 401(k),” for finding a way to capitalize on the tax code to create a way for working men and women to

supplement the pension plans many workers used to have. Those pensions plans have been disappearing, and 401(k)s were created to help pick up the slack. But over the years, Benna watched Wall Street and Big Business pervert the 401(k) in ways he couldn’t possibly predict. For at least six years he has been calling the 401(k) a “monster” that “should be blown up.”

Benna recently announced that he’s put a substantial part of his own money—“probably the biggest part of my wealth”—into another kind of savings plan. What is he using? Pamela researched the question to discover Benna has put most of his money into high cash value, dividend-paying whole life insurance, commonly known as Bank On Yourself type plans—the alternative savings strategy she has advocated for years.

Pamela can discuss the history of the 401(k) and how government and companies used it to replace guaranteed pensions with risky stock investments to the peril of Americans everywhere.

“Wall Street has been extremely successful at getting us to buy into 401(k)s, IRAs and similar government-sponsored retirement accounts lock, stock and barrel,” she says. “Most people have little or no savings outside of these vehicles, according to the Federal Reserve Survey of Consumer Finances. But the chorus of experts warning of the dangers of 401(k)s and IRAs keeps growing.”

It sounds too good to be true! Is it?

The numbers don’t lie. Those who start handling their money as infinite bankers are thrilled when they see the growth and value this system generates over time. It’s a real and viable option—or better yet, financial solution!

Major banks have more than $400 billion worth of whole life insurance in their executive compensation plans. Large corporations have executive compensation plans with whole life insurance, including SDLICs. Politicians and the rich have been using this IRS-sanctioned approach for decades. Why not the rest of us? Because they use our money in their system, making us take all the risk.

The typical government-sponsored retirement accounts handcuff the user in so many ways. On top of that, they can’t tell you what the value of your 401(k) or IRA, stock, mutual fund, or real estate will look like tomorrow, much less 20, 30, 40 years from now. They keep using people’s hard-earned money, charging fees both ways, along with the occasional scandals—with no real shot at accurately predicting outcomes.

The IBC through the SDLIC builds the most solid financial foundation possible. From this foundation, you can erect your financial building, which will withstand the effects of the world’s financial storms.

The SDLIC is the only asset in existence that offers uninterrupted compounding of principal, interest, and dividend growth—free from income, dividend, and capital gains tax. All this is wrapped in the best Tier 1 financial savings asset. Again, in the financial world, a Tier 1 asset is the safest place to store money.

How does an insurance company make money to pay interest and dividends?

Insurance companies have successfully done actuarial studies for more than two centuries to accurately forecast and price risk. These companies sell a variety of life insurance products that produce income. They use the float strategy, in which money is temporarily held and then invested conservatively. These insurance companies have investment income generated from government bonds and commercial real estate, along with a wide variety of conservative investments—all of which create cash and interest income. They have public financial statements that can be viewed openly.

Is this a one-and-done system?

Great question! The answer is simple. It depends on what your goal is.

Let’s pose this question: If you were a bank owner and your bank was doing so well that you were looking for a place to put your excess money to work for you, what would you do? If you say, “I’d open another branch office,” You understand the IBC. Congratulations!

The power of this concept, once understood and implemented, could not only change the destiny of your family, it’s truly multi-generational and could pay for generations. If only our parents had possessed this knowledge, think of the head start we would have had!

I’m ready to learn more. How do I find an Authorized Practitioner?

We will be happy to help you continue learning and further your understanding of the IBC and how it can work in your life. We can assist you in procuring your own IBC policy or policies and coach you in how to best utilize the system.


We are Authorized Infinite Banker Concept (IBC) Practitioners through the Nelson Nash Infinite Banking Practitioners Program. We are also licensed Whole Life Insurance agents.


We offer expert IBC solutions. Every person’s situation is unique and we will tailor your IBC policy to your specific needs and wants.


Individuals, corporations, small businesses, pensions and profit sharing plans, estates and trusts.


An overall review of your financial picture, taking into account your goals, values and objectives then focusing on such areas as: debt reduction/removal, personal financing of existing debt, retirement, and estate planning. There are many other parts to the IBC that will be discussed. Typically, the Practitioner conducts consultations with each client to prepare an “IBC financial picture” based on the individual client’s financial status, needs, and objectives.

Notice that we do not talk about risk management with the IBC, because it is already risk adverse.


Implementation begins by contacting us at

In all cases it is customary for the Practitioner to meet periodically with client, either in person or via webinar or phone. Typically annually, so as to review the your IBC status as well as the changing needs and objectives of client. The Practitioner will be available for the client’s consultation during normal business hours.








Yes. It is the law.


Absolutely not. Working with the Practitioner is a process and not a “one shot” transaction. We offer ongoing service, periodic review and consultation as necessary.