Infinite Banking is a concept that utilizes whole life insurance policies as a way to build wealth, gain control over finances, and reduce fees and taxes. It involves borrowing against the cash value of the policy to fund various expenses and investments.

Infinite Banking allows individuals to become their own banker by leveraging the cash value of a whole life insurance policy, while traditional banking relies on external financial institutions for borrowing and lending.

Some benefits of Infinite Banking include potential tax advantages, consistent growth of the policy's cash value, flexibility in accessing funds, and the ability to create a financial legacy.