Bank On Yourself
What Is Bank On Yourself?


Grant Thompson and Chris Thurman are the area's ONLY authorized Bank On Yourself advisors. This financial management strategy uses a unique and flexible vehicle—dividend-paying whole life insurance—to accomplish many different financial goals throughout a person’s lifetime.

1. This sounds too good to be true. Is this a get-rich-quick strategy?

Not at all. Anyone interested in building true long-term wealth understands that nothing comes for free. You will always have to invest money and time to achieve it. There's nothing quick or easy about Bank On Yourself. It takes both time and discipline, but by applying those two things to a Bank On Yourself plan you can reap the benefit many times over.

2. Is this a "business opportunity" or multi-level marketing scam? 

No way. This isn't a pyramid scheme or any type of work you have to do. No recruiting. No fast-talking. Nothing to sell. You don't have to do anything at all other than discipline yourself to stick to the financial contribution plan we put together based on your goals.

3. You keep talking about discipline. Is this going to be difficult?

For some people, Bank On Yourself is the easiest thing in the world. For others, it is such a major paradigm shift that mastering it takes some time and patience. It's certainly not a magic pill.


4. In other places I've seen Bank On Yourself touted as a strategy most financial advisors and CPAs don't know about or don't understand. It's touted as a life-changer. "You'll never be the same again!" I get suspicious with that kind of salesmanship.

We totally understand. Some Bank On Yourself advisors get so excited about the product that their descriptions of it go a little over-the-top, making this proven strategy sound "too good to be true." We try not to do that. We believe strongly in the flexibility and power of dividend-paying whole life insurance, especially when it's designed properly by someone who understands it—but we know it's not for everyone. That's why we take a more low-key approach about it. If it works for you, then great! If not, we offer many other financial planning solutions. 

With Bank On Yourself, we'd rather under-promise and over-deliver results…not the other way around.


5. How much risk is involved? 

Any investment comes with a certain amount of risk. Good financial planners will help you avoid risk whenever possible, particularly by diversifying your portfolio in order to minimize risk. While no investment or financial product is risk-free, we do believe that Bank On Yourself gives you the opportunity to save money, save for retirement, and finance major purchases without taking quite as much risk in the markets. That's why we think it's so powerful.

In fact, best-selling author Pamela Yellen, who developed the strategy, feels so strongly that Bank On Yourself can beat any other investment strategy that she has offered a $100,000 challenge: Prove your traditional investment and savings strategy works as well as Bank On Yourself and you can receive $100,000 cash!

6. But you mentioned whole life insurance. Dave Ramsey and Suze Orman say whole life insurance are terrible places to invest your money. Shouldn't I trust them?

There is a significant difference between the whole life insurance policies they are referring to and the properly structured dividend-paying whole life policies that are the backbone of Bank On Yourself. Many financial advisors hear the phrase "whole life" and immediately tune out, but this is a completely different animal.

Whole life plans that fit the tightly structured Bank On Yourself design come with more guarantees than any other life insurance product and have stood the test of time. Not just for the last 15 years, or even the last 50 years—but for more than 160 years!

7. I don't have any money left over at the end of the month. How can I save enough to fund a Bank On Yourself plan? 

As authorized advisors of Bank On Yourself, Grant Thompson and Chris Thurman are experts at helping clients like you restructure your finances to free up seed money to fund an initial plan. We design these plans to meet as many of your short-term and long-term goals as possible…as quickly as possible! Sometimes we can make this happen without impacting your lifestyle at all. Here are a few ways our clients have chosen to fund their plans.

8. Do you have other questions at Bank on Yourself? 

Let us know! We'd love to answer them. Contact us today at 806.352.3480 to learn more.

Helping Texas Panhandle clients sleep at night.
Growing their money and not losing it.
Copyright Thompson & Thurman. All rights reserved.
Thompson & Thurman - 504 S. Polk, Suite 100 Amarillo, Tx 79101 - (806) 352-3480