Can you borrow from your LIfe Insurance (Military Life Insurance)

Yeah, not smart. Not sure if you can do it or not, but not a good idea even if you can. You need to find another way to get money if you need it that badly.

I don’t think you can, but you can get a loan from the Navy-Army Credit Union. However, unless it is for something that is an absolute necessity, it would be better to put part of your income into savings until you have enough to pay for whatever it is in cash.

I don’t need it badly, I just wana learn ways of making money out of the norm. Of course borrowing from your life insurance is not the way to do it. I’m talking more of a business or passive income. (Not amway.)

I don’t understand how we humans have the best tool to figure out problems, Our brain, yet we work for money like slaves. I can understand enjoyment and Yeah I like a good days work but can’t that just be a hobby…

Some folks don’t work for money like slaves. They invent businesses, work their butts off, and get other people to work for them for money like slaves, or they go off the grid and live by bartering. Look at Bill Gates as an example of the former (he literally started Microsoft in a garage).

Unfortunately, I can’t offer much in the way of examples of folks who live off the grid because by-and-large they live off the grid. There are a couple of Hollywood types (Ed Begley, Jr. and Daryl Hannah) but they are known for what they do or did on the grid, not for living off it. However, you can read about it here and here.

Some people use their brains while others prefer to operate on autopilot.