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  • Be the Bank!

  • How the Wealthy Control and Compound Their Money and How You Can Too!
  • Written by: Darren Mitchell
  • Narrated by: Dave Margolotti
  • Length: 2 hrs and 35 mins
  • 4.5 out of 5 stars (38 ratings)

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Be the Bank!

Written by: Darren Mitchell
Narrated by: Dave Margolotti
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Publisher's Summary

Are you ready to understand the difference between the middle-class and the wealthy?

For years, many of us have been brainwashed into thinking that investing in RRSPs and mutual funds is the only way to save money. Year over year, we pay our bills and funnel money into the stock market, hoping that one year, we will see the return of a lifetime, which we think will make us rich.

While that’s happening, the wealthy are ignoring those rules and instead putting their money to work for them - they are their own bank. They are controlling, growing, and protecting their money, and then multiplying their wealth and their family’s wealth, year over year.

If you are in the first group of people mentioned and want to learn the secrets of the wealthy, this is the book for you. With the strategies explained in this book, you can become your own bank and achieve financial freedom.

©2020 Darren Mitchell (P)2020 Darren Mitchell
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What listeners say about Be the Bank!

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Compelling

Good book, short and concise. I wish it went more in depth about using the strategy specifically for real estate. I have purchased the high cash value participating life insurance policy that this book speaks about. I bought it 2 years ago and I’m quite excited to start putting it to work.

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Very well explained

This cleared up a lot of questions I had. Easy to follow as well.

Sections organized well too.

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A Must Read!

I had never heard of this investment vehicle, and Darren explained it in a straightforward way with many examples. If what he is saying is true. This has to be the absolute best way to structure your finances for retirement investment. I must read for anyone who’s tired of banks, telling them what they can, and cannot do with their money.

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A must read!

Great information at a level anyone can understand. Highly recommended this book if you’re looking to add a great investment tools to your portfolio

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Great book

So much great info in this book about getting your finances in order to build longer term wealth. I highly recommend it!

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Very vague

The book speaks about the concept of high cash value life policy but did not go into sufficient depth and examples of how the exact math plays out over time.

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