permanent life insurance is a terrible investment" and other such (erroneous) beliefs, freed the myths at the end of this chapter). The beauty of Privatized Family Banking (PFB) is that it is effective both individually and collectively. As a practitioner of this financial strategy, I am showing people how they can provide for themselves a reliable, lifelong income stream that cannot be outlived, is not market dependent, performance life insurance policies, and by using thespolicies as collateral to finance their "Big Ticket" purchases while building a liquid cash reserve. One of the main conditions of Privatized Family Banking (PFB) is the fact that one must always pay himself/herself back once loans have been collateralized. The problem with unstructured policies is that people do not pay back the loans, which causes the policy to collapse and lose tax- free stealing from oneself! As mentioned earlier, PFB is not a "get rich quick" program, it takes discipline, time, and consistency to build a Privatized Family Banking (PFB). Nothing in this world is worth having without sacrifice. I encourage you to get out and away from the crowd. Become your own Privatized Family Banking (PFB). Teach your children and grandchildren this wonderful concept and guide your family to financial independence. I will show you how to personalize Privatized Family Banking (PFB) and customize it for you and your family, and in most cases, it can be done without you spending one more dollar than you are currently spending. I understand exactly how to set up your PLAN, which financial vehicles work best to fund your account, and how to structure those financial vehicles to provide maximum benefit for you and your family. In Mr. Nash's book, Becoming Your Own Banker , he refers to Willie Sutton's Law: "Go where the money is if you are going to steal it". As I mentioned earlier the government will utilize this strategy in the coming years as they are looking at your retirement accounts because
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