An Introduction to the Infinite Banking Concept

As he contemplated the financial mess he'd created for himself, Nash had an epiphany: He realized he could fund Whole Life insurance policies in order to create his own set of "banks," which would serve as a repository for his savings and allow him access to cash when he needed to make large purchases. By switching his financing needs away from outside lenders and towards his own resources, Nash would take control of his financial world, thus achieving peace of mind and (in a sense) recapturing interest payments.