Henry Wong

In 2006, I embarked on a career in Accounting as a CPA, CA believing that I was set on the right path to financial freedom.

While I was moving up the corporate ladder my pay was increasing. I followed all the conventional advice out there like
1) invest in the stock markets,
2) build a balanced portfolio,
3) invest in real estate, and
4) build an e-commerce business.

On the surface, everything looked great and it looked like I had everything under control. Except…that it wasn’t – I did NOT have it under control. My life was stressing about money. I was working a tremendous amount of hours because I was constantly trying to get ahead in life by increasing my income, expanding my income sources and chasing the next best investment. At first – I figured it was normal because I was young and just starting out – it’ll get better. But I was exhausted. In 2016 I reached a breaking point and I realized … what I was doing wasn’t getting me any further and it was no longer making any sense to me.

No matter how much I was earning, a big chunk of it was being taken away from taxes.
Whenever I needed access to cash, banks would only lend it to me if and only if I met all of their requirements.
When it came to accessing MY OWN money from the traditional savings vehicles – it was often met with restrictions or even worse I get taxed for withdrawing my own money!

Whenever I withdrew money to buy things, my savings went down and that meant that I had less money to work with to grow! I’ve interrupted my compounding!

Lastly Inflation to me at the time was purely a theoretical concept to me – but I could see the reality of everyday prices going up and the value of what my dollars could afford was going down.

This path that I was on had no way for me to get ahead. I had NO CONTROL over accessing my own money while TAXES and INFLATION were killing my ability to build my wealth!

SOMETHING had to change!

In 2018, I was introduced to the process of Becoming Your Own Banker, The Infinite Banking Concept. On this journey, I learned that I needed to take control of the banking function in my household and business. Who knew something like this exists?! It was foreign to me but this has been practiced by the wealthy for generations!

Fast forward to today, implementing the process has been transformational for me and my family. We use our own family banking system for home renovations, car financing, investing in the stock market, and real estate. You name it. It was not about WHAT I buy, it’s all about HOW I buy it!

I’m on this journey to educate, coach and mentor Households and Business Owners nationwide to take control of the banking function as it relates to their needs, to recapture the interest that you’re presently paying to banks, to credit card and finance companies for all the things that you need throughout your lifetime, AND have an ASSET that grows uninterrupted. All, in a tax advantaged way.

The world doesn’t work in a vacuum. The Family Banking System is a great foundation and Keeping Taxes Away From Your Wealth is the moat that protects your wealth from ongoing attacks. A result is one thing, solving for a journey is another. As you evolve as you build wealth, you’re going to need additional artillery to protect from ongoing attacks like 1) Protecting Your Income; 2) Corporate Reorganizations; 3) Estate Planning. You will need a competent and capable professional like myself who has actually also gone through it personally know what pieces to put in place, what order to put them all with a proven track record of experience. I consider your unique situation.

Feel free to check out my Amazon Best Selling Book – Keep Taxes Away From Your Wealth

Are you ready to create a peaceful financial existence for your Family or Business?

Henry Wong, CPA, CA
(The very first Canadian CA authorized by the Nelson Nash Institute 2021)