Bank on yourself is a wise and sound investment guide for those who value security above all. Welcome to the website of pamela yellen, the crusader and advocate for all who have been. In these uncertain times, everyone is looking for financial advice you can truly bank on, and now, for the first time, you can bank on yourself, thanks to the brilliant insights and wisdom of my friend pamela yellen. Most of yellens book is devoted to harsh criticism of financial alternatives to her bank on yourself system. The bank on yourself revolution by yellen, pamela ebook. Yellen provides historical examples of real people who have implemented the concept of what she calls b. Fire your banker, bypass wall street, and take control of your own financial future by pamela yellen the title of the book by pamela yellen beckoned me to read it. After all, as a genxer, i started investing just in time for two major stock market crashes.
Pamela has written two new york times bestselling books showing people the path to financial success. The first bank on yourself book made two pretty spectacular promises. The author has been a consultant to financial advisors for twenty years. Financial security expert, pamela yellen, is founder and president of bank on yourself. Here are some but not all the alternatives she criticizes with page numbers shown in parentheses. Over the course of those years, she investigated over 450 financial products, tools, concepts and methods that were touted as sure bets for growing wealth.
She ultimately became convinced that americans have been brainwashed into believing they must accept risk, volatility, and unpredictability in order to grow a sizable nestegg. The bank on yourself revolution download ebook pdf, epub. Author pamela yellen tells several stories of some students who learned this program, and how it changed their lives. Life insurance is a contract between an insurance company and yourself in which you agree to pay a premium in return for the insurance companys commitment to paying a set amount of money to a person s of your choice upon your death. The lifechanging secret to growing and protecting your financial future reveals. Jan 01, 2014 that is yellen s business, to create leads for bank on yourself authorized advisers, but maybe i was more immune to that, as knew that going in. The wall street journal, usa today, and businessweek bestseller bank on yourself. To see what your friends thought of this book, please sign up. All of these books, however, are basically marketing projects by and for people who sell life insurance for a living, and are designed to appeal to. I just finished reading a book bank on yourself by pamela g. Pamela has worked with over 40,000 financial advisors since 1990, helping them build their businesses. People who dismiss her out of hand because of that angle are making a very i would recommend this book. The bank on yourself revolution is a followup to that book, but it.
In fact, opening the book i purchased used via amazon, i wondered whether someone had the gall to steal it from a library in order to sell to a stranger. Here are pamela yellens bank on yourself type policy statements. Yellens second new york times bestseller, the bank. She investigated over 450 financial products and strategies in her search for an alternative to the risk and volatility of traditional investments. Over the course of those years, she has investigated over 450 financial products, tools, concepts and methods that were touted as sure bets for growing wealth. Learn more about bestselling author, international speaker, and founder of bank on yourself, pamela yellen, and check out her bio from tv to radio and online, pamela yellen has been in demand as a credible and authoritative financial security expert, answering questions and offering sensible and sound advice to people who want to take back. Moneywatch pamela yellens new york times bestseller, bank on yourself, made a splash by promising to help people build their wealth even as their investments were losing value. Over the years, i have worked closely with pamela yellen, bestselling author of the book bank on yourself, as well as with nelson nash, bestselling author of the book becoming your own banker and the originator of the infinite banking concept. Pamela yellen is a financial security expert, a twotime ny times bestselling author and president of bank on yourself. The premise is that you can create wealth by buying wholelife insurance and overfunding the policy to create a cash value. Pamela is a twotime new york times bestselling author and her latest book, the bank on yourself revolution is full of success stories from many satisfied people just like you. In a nutshell, the books author, pamela yellen, advocates using dividendpaying whole life insurance policies, designed with a small death benefit and funded right up to the mec limit to build up cash value as quickly as possible. So, when my next avenue editor asked me to evaluate the latest one, the bank on yourself revolution by pamela yellen, i welcomed the.
Her research led her to a timetested, predictable method of growing and protecting wealth she calls bank on yourself. Dec 11, 2012 moneywatch pamela yellen s new york times bestseller, bank on yourself, made a splash by promising to help people build their wealth even as their investments were losing value. Pamela yellen has worked with over 40,000 financial advisors since 1990, helping them build their businesses. Linda is a cpa in florida and also a budgetdebt coach with crown financial ministries. Yellen has appeared on every major tv and radio network and served as a source for organizations such as the associated press, fox news, bloomberg businessweek, and aarp. Dont let them fool you again in the bank on yourself revolution, financial security expert pamela yellen details how hundreds of thousands of people of all ages and incomes have bucked the system to secure their families financial futures without gambling in the wall street casino or. Bank on yourself founder pamela yellen pamela yellen. Endorsements for the bank on yourself book by pamela yellen. The bank on yourself revolution meet your next favorite book. Signin to download and listen to this audiobook today. Apr 28, 2014 the first bank on yourself book made two pretty spectacular promises.
Pamela has worked with over 40,000 financial advisors since 1990. Pamela yellenher unbelievable bankonyourself wealthbuilding strategy pamela yellen was born in buffalo, new york, on november 16, 1952. That is yellens business, to create leads for bank on yourself authorized advisers, but maybe i was more immune to that, as knew that going in. Yellens second new york times bestseller, the bank on yourself revolution. Pamela is a twotime new york times bestselling author and her latest book. Pamela yellens books about the bank on yourself concept. Pamela yellen is founder of bank on yourself, a financial investigator and the author of two new york times bestselling books. Bank on yourself gives you the ability to afford lifes big expenses and save for your retirement.
Bank on yourself revolution by pamela yellen dominiques desk. As a consultant to financial advisors for two decades, pamela yellen investigated hundreds of savings and investing strategies and vehicles before learning about the concept she calls bank on yourself. Bank on yourself helps individuals grow, protect and take control of their finances. Yellen released her first book titled bank on yourself in 2009 right in the midst of the great recession. The bank on yourself revolution is a followup to that book, but it has just as many stories of loss and failure as the first.
Mar 14, 2009 bank on yourself shows you how to utilize a financial instrument which is well known but little understood as your own personal bank. Pamela yellen writes that consistency and security should be valued over the gambling of the stock market, and that one can regain the money one pays for various expenditures if needed. Pamela ultimately became convinced that americans have been brainwashed into believing they must accept risk, volatility, and unpredictability in order to grow a sizable nestegg. Most turned out to not even be worth the paper they were printed on. New york times bestselling author and financial security expert pamela yellen exposes how big banking systems and investing in the stock market is not the best way to save money and grow your wealth. She has investigated hundreds of savings and investing strategies and vehicles before learning about the bank on yourself or b. Bestselling books financial promises dont add up cbs news. Bank on yourself founder pamela yellen is a financial security expert, consumer advocate, and author of the new york times bestseller, the bank on yourself revolution. Pamela ultimately became convinced that americans have been brainwashed into believing they must accept risk, volatility, and unpredictability in order to grow a. Mar, 2018 yellen released her first book titled bank on yourself in 2009 right in the midst of the great recession. Bank on yourself founder and president pamela yellen with husband larry.
Get this book free when you sign up for a 30day trial. Meet the founder of bank on yourself, new york times bestselling author, and internationallyknown speaker. Pamela yellens books about the bank on yourself concept hit the. Readers can get a free copy of her latest book, rescue your retirement. The bank on yourself revolution get your 5step guide to. In the bank on yourself revolution, financial security expert pamela yellen details how hundreds of thousands of people of all ages and incomes have bucked the system to. She graduated in 1974 from the university of san francisco with a bachelor of arts degree, with emphasis in psychology. Financial security expert and bestselling author pamela yellen investigated more than 450 savings and retirement planning strategies seeking an alternative to the risk and volatility of stocks and other investments.
You have to buy the book to read what financial instrument she is talking about. I would race to be the first to deem pamela yellens bank on yourself book junk, but the chesapeake public library beat me to it. The bank on yourself strategy went public with pamela yellens first book, bank on yourself, in 2009. The lifechanging secret to protecting your financial future, by pamela yellen. In the bank on yourself revolution, financial security expert pamela yellen details how hundreds of thousands of people of all ages and incomes have bucked the system to secure their families financial futures without gambling in the wall street casino or taking any unnecessary risks. You then use the taxfree withdrawals and taxfree loans from the cash value in the whole life policy to supplement your retirement savings, or finance large. Pamela yellen audio books, best sellers, author bio.
The book hit home with all those that lost a chunk of their portfolio in the crash. The bank on yourself revolution quotes by pamela yellen. She has appeared on every major television and radio network, including abc, nbc, cbs, cnn, fox, and npr. Mar 23, 2010 i would race to be the first to deem pamela yellen s bank on yourself book junk, but the chesapeake public library beat me to it. As a consultant to financial advisors for two decades, pamela yellen investigated hundreds of savings and investing strategies and vehicles before learning about bank on yourself. She says on page 7 that over the years she has investigated more than 450 different financial products, strategies, and vehicles, and only a few passed my due diligence tests. Five wealthkilling traps of 401ks, iras and roth plans and how to avoid them, here for a limited time. Pamela yellen meet pamela yellen, founder of bank on.
The bank on yourself revolution quotes showing 114 of 14 errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure to understand that others are not making independent judgments, but are themselves following. Author pamela yellen tells several stories of some students who learned this program, and how it. Her articles have appeared in hundreds of publications and websites, including usa. Bank on yourself 9781593155667 by yellen, pamela and a great selection of similar new, used and collectible books available now at great prices. Feeling cool about a hot personal finance book forbes. And if youre buying something worth tens or hundreds of thousands of dollars and dont understand what youre buying what youre paying for it, you should probably find someone who does who isnt the guy.
Pamela yellen meet pamela yellen, founder of bank on yourself. Fire your banker, bypass wall street, and take control of your own financial future, advanced the strategy still further in 2014. Now learn why pamela yellen embraces this powerful and proven wealthbuilding strategy. The bank on yourself revolution provides a pathway to grow your money safely and predictably every yeareven when the markets are crashing.
Insurance companies are capable of selling safety and peace of mind, but make no mistake, it is definitely a sale, and so like any sale you should expect them to end up with your money. Pamela yellen is a wellknown financial consultant and public speaker. The lifechanging secret to growing and protecting your financial future, is a new york times bestseller. You may have read stories about peoples success with bank on yourself. This book reveals a unique and powerful twist on one of the four pillars of finance that can guarantee your financial security and peace of mind now and in the years to. Written by pamela yellen, audiobook narrated by pamela yellen, sean pratt. She ultimately became convinced that americans have been brainwashed into believing they must accept risk, volatility, and unpredictability in order to grow a sizable. This cash value is then used as a bank that you borrow from and pay back, allowing you to further overfund the policy. She advises people to accumulate the equivalent of two years income in safe, liquid assets they can access immediately without having to sell the underlying asset. The top 4 myths behind being your own banker banking truths.
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