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But, so far, you have heard only a part of my please, show me a way out of this financial night-
story. The beginning of my “awakening” was in mare that I have created for myself.” The answer
November 1980 when our first grandchild was came back about like a baseball bat across the eyes.
born. Interest rates had begun to zoom upward. That “You are standing in the midst of everything it takes
was Bunker Hunt’s heyday—you remember him? to get out—but you don’t see it because you look
Bunker and his brother were going to “corner” the at things like everyone else. You can get to money,
silver market—and as a result silver prices in- during these awful times, at 5% to 8% from three
creased higher than anything, relatively speaking. different life insurance companies through policies
Gold went up to $800 per oz. And so, “drug junk- that you own. The only thing that limits how much
ies” started supporting their drug habit by stealing you can get to is the same thing they tell you at the
silver from homes. While my wife was visiting our bank when you ask them how big of a check you
new granddaughter some 60 miles away for sev- can write—how much have you put in?”
eral days, the thieves broke into our home at 3:00 If I had not been accustomed to paying very
p.m. and “cleaned us out.” Have you ever been large premiums it is doubtful that I would have
burglarized? You won’t believe what they can do seen the message. Hardship often helps us to see
to a house in just a few minutes. Luckily, I got to things to which we are normally blind. It was evi-
clean up the mess. If my wife had seen it I don’t dent to me that I needed to increase my life insur-
believe she would ever feel comfortable in that ance premiums dramatically to create a pool of cash
house again. values from which to borrow to pay off the bank-
Two months later my 52 year-old brother ers that I owed. But, I owed $500,000! How could
dropped dead from a heart attack while playing I do both? Honest introspection revealed that I
racquetball with a son. Poor selection of ances- could revise my spending pattern. This was a start-
tors—our father died at age 64 from the same prob- ing place. When I started teaching others to design
lem. their financial dealings along these lines my in-
Five months later our second granddaughter come tripled. Practically everyone thought I was
was born out in Hawaii. Five weeks later her par- crazy—it was opposite to what all the “experts”
ents discovered that the baby had cancer! I didn’t said. But an objective look at the facts of how life
even know that babies could get cancer. She went insurance worked, plus reason and logic—and con-
on chemotherapy when she was six weeks old. Six tinued sessions of intense prayer for guidance has
months later she went through surgery to remove proved that the system works!!
the tumor on her right adrenal gland. The cancer Maybe you have found yourself in such a fi-
was a neuroblastoma, a very rare kind that attacks nancial prison—or maybe you want to develop a
children. The lesions had involved her liver and system that will keep you out! Maybe yours is
she had to go back on chemotherapy for several smaller or greater. Whatever, the principles are the
more treatments. My story has a good part—she is same and they will serve you well. It requires un-
now 19 years old and is cured!! We have seen a derstanding—and it requires discipline to imple-
miracle! ment the idea, but it can change your life dramati-
And now for the bad financial news—it was cally—even beyond your fondest dreams!
that summer that interest rates went to 23 percent—
and there I stood owing $500,000 under those cir-
cumstances. When a number of bad things like this
occur in fairly rapid succession it can increase the
quality of your prayer life dramatically! The basic
idea revealed in the Infinite Banking Concept was
born over a period of many, many months at 3:00
to 4:00 a.m. in the kneeling position praying, “Lord,
R. NELSON NASH 13