Why I Don’t Save My Money In A Bank

kriskrohn

2024-04-27 20:01:22

you put your money in a bank you know what the bank gives you his gratitude they give you like point zero nothing percent return on your money instead i put my money in a whole life policy

i'm talking about a strange bizarre type of life insurance let me tell you what to call it

it's called high cash value policy

this is money where you put it in

and you can almost immediately take almost all of it right back out just like a bank but guess what happens when i put money in the special savings account

number one i don't earn point on nothing percent i earn four percent but then i also get a one to three percent dividend number three it grows tax free number four i can borrow that money at plus or minus one percent

basically for free and all i'm doing is paying the policy back

and the number five

if i die

any of the assets i bought they get paid off

because i have a death benefit

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