The Banker’s Secret Bunker Part 3

The Banker’s Secret Bunker Part 3

The BOLI, CUOLI, COLI and YOU! Banks have gained a lot of success from life insurance, but it does not mean that they are the only ones entitled to these benefits. Credit unions have also joined this Investment by buying life insurance, known as CUOLI (corporate-owned...
The Banker’s Secret Bunker Part 2

The Banker’s Secret Bunker Part 2

Why banks buy life insurance Banks’ primary objective of buying life insurance is to acquire the benefits not available in their products and other institutions. Compared to the bank’s products that are taxable and low rates, life insurance offers a...
The Banker’s Secret Bunker Part 1

The Banker’s Secret Bunker Part 1

Have you ever wondered why banks keep making supernormal profits while you barely make anything material from savings in the same banks? Banks have a little-known strategy for investing their savings that ensure survival even during any economic turmoil. As banks...
The Positive Economic Impact of Debt

The Positive Economic Impact of Debt

Credit may get a bad warp, causing dread and fear in the lives of millions, but does it deserve it? Credit moves the economy- each person’s credit line is like a pump that pulls money around in the economy by creating the ability to spend where it didn’t...
The Rise of Bitcoin and Cryptocurrencies

The Rise of Bitcoin and Cryptocurrencies

Cryptocurrency is a digital currency whereby a decentralized system verifies transactions and maintains records using a concept known as cryptography. Bitcoin is a form of cryptocurrency and is currently the highest valued and most popular form of that currency....
Building Cash Flow vs. Paying off Debt

Building Cash Flow vs. Paying off Debt

The importance of creating passive income from assets cannot be understated. In today’s economic climate, many people are finding it more difficult to balance their income and expenses. The good news is, you can make a huge dent in your financial issues by...