Every day someone asks me why one should become his or her own banker, when paying cash is easier and more direct.

What is so great about becoming your own banker? Every day someone asks me why they should use this banking concept when paying cash is easier and more direct. Here is just a part of the answer.

be your own banker with the help of a wealth advisorThe Part of Private Wealth Management That is Visible

When you borrow from a conventional bank and pay back with interest, you can measure the principal you borrowed and repaid. You can also measure the interest you paid, in addition to the length of time you had the loan outstanding. However, there are some things that banks leave unseen.

The Invisible Reasons You Should Be Your Own Banker

Some things you cannot measure. You cannot predict the loss of wealth that you may experience the longer your capital resides outside your own system, or your own family. The interest on just one car loan may only amount to a few thousand right now, but over the next fifty years, (because your kids, grandkids, etc. will continue into the indefinite future), it will amount to tens of thousands.


Now, multiply that by as many cars your family will drive over the next 50 years. Just because you don’t see it doesn’t mean it’s not real. You will never see air or gravity, but you will live by these two realities your entire life. When you pay cash for a purchase, you give up the very capital that has the ability to create the wealth that everyone wants to have for their future security.


Capital has a cost. You don’t measure the lost earning ability that you give up when you spend your capital—but the loss is real nevertheless.

Consult a Private Wealth Advisor

Becoming your own banker allows you to control your capital, enjoy the things you need and want to purchase and recycle your own money. The infinite banking concept is a valuable method to help you take back control of your private wealth. Alpha Omega is one of the best wealth management firms that will help you be your own banker. Consult one of our financial advisors for help today. In this time of economic anxiety, wouldn’t you want to get multiple uses out of every dollar, if it were possible?




Joe Pantozzi CLU, Chartered Financial Consultant

Alpha & Omega Financial Services, Inc.

Common Sense Economics since 1976


Becoming Your Own Banker: The Infinite Banking Concept

“I contend that for a nation to try to tax itself into prosperity is like a man standing inside a bucket and trying to lift himself up by the handle.”   – Winston Churchill


Leave a Reply