Happy Holiday Season and Merry Christmas
Book : Bank on Yourself
By Pamela Yellen
272 pages, hardcover
Topic Personal Finance
This book promotes using Whole Life Insurance to “Bank on Yourself”, as in use this insurance policy as a source to borrow funds to finance your purchases in life and thus pay your consumer finance charges to yourself, in theory enriching yourself and not a bank.
Pros
The book is well written with no grammar, spelling or English usage errors to distract the reader from the material. The references are extensive and the statistics and reasoning seem to support the hypothesis very well.
Cons
The book does have a strong selling theme and it is in some ways a very long advertisement for the product and her companies services. So she appears to have both a bias and she lacks complete objectivity.
Conclusion.
This is a revision of a previous work and it is a polished and professional presentation, which is very persuasive. The arguments are well formed, well supported and the book has over ten pages of references. So the author makes a convincing and well supported argument for the product she also sells. I must admit it is my inclination to purchase thus financial product after I independently verify some of the sources and references.
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