Infinite Banking Mastery

You've got plenty of life left to live, so you don't want to think too much about all the expenses involved when you die.  But that's dangerous, because without proper planning you could leave your loved ones a nightmare, even if you have a fortune in hard assets. Today I'll share the most common financial obligations that show up when you pass away. Knowing what these are will help you plan so yo...

If you have disability coverage at work you probably think you're "all set" if something happens. But the truth is, most coverage offered by employers hides terrible surprises. Surprises that mean you'll get a lot less than you think, if you ever need to collect benefits. Waiting until disability happens is too late to protect yourself. You need to take a closer look at that coverage NOW. So in to...

You've heard people use that dreaded "D" word… Disability. It's dreaded for good reason, because even temporary disability can demolish your savings. And yet, so many people don't give this danger a second thought. They leave themselves completely exposed to catastrophe. But you don't have to be one of them! In today's episode I'll explain just how serious this issue is, and how to protect yoursel...

You know the appeal of "being your own bank" and how you can use your IBC system to effectively give yourself a loan. And since you know those loans would ultimately be taken out of your death benefit, you might be thinking "Why not borrow the money, and then never pay the loan back?" It's easy to think this way. But in today's episode I'll explain why this is not a good idea.  You'll see why it's...

Nobody looks at the terms of a loan and thinks "I wish I could pay higher interest on this!" So you might look at loans you make to yourself through your IBC the same way: "I'll just pay back at the low rate the insurance company charges, and no higher." Believe it or not, thinking like this could cost you! And prevent you from increasing your financial freedom through IBC. I'll explain why in tod...

There are different ways to structure a whole life policy. And that's great, because you can tailor your policy to your needs and goals. But with all those options, you've got to be careful!  That's why today we're talking about the 90/10 policy structure. Some advisors really push it. Maybe you've heard it's a great idea. But in my experience, it's almost always the wrong way to go. So in this ep...

You've heard of Dave Ramsey. So you probably know one thing he loves almost as much as cutting up credit cards is putting down whole life insurance. Since he's helped so many people learn how to budget, and how to get out of consumer debt, it can be easy to think he really knows everything he talks about.  But when it comes to whole life insurance, that's simply not the case. In today's episode I'...

You want to get started with IBC. But where will you find the money to get started? Your monthly budget is already stretched too thin. And you're trying to pay off credit cards or other consumer debt. Taking on a whole life insurance policy is impossible. Or is it? It turns out, there are plenty of places you can look to find the funds you need. So you can start securing your financial options for...

People fear government programs like Social Security becoming insolvent. And for good reason: Sometimes banks run into financial troubles, and even collapse. So maybe you've wondered: If I'm going to pay life insurance premiums for years on end, how can I be confident the company will have the money to pay the death benefit to my loved ones when I pass away? Insurance companies are businesses. So,...

Most people hear about whole life insurance policies and only think about the benefit it pays their family when they die. But the death benefit barely even scratches the surface of the wealth-building secrets IBC offers. And even if you know about using whole life insurance as part of your IBC system, you might not realize how many things you can do with it. So in this episode I'll share seven dif...

When it comes to whole life insurance, oftentimes you want to know: "How much coverage can I qualify for?" Once you know how much you can qualify for, you'll probably think one of two things… Either: "Why wouldn't I get the maximum?"  Or "Why would I possibly need that much?" In this episode I'll show you how to easily estimate your maximum insurability. I'll also explain when you'd want to secure...

That informational brochure shows you an average that looks good. Really good. And you can't help but think: "If that's average, I'll get at least that. Probably even better." But be careful!  Numbers don't lie, but they don't tell the whole story. Other factors (like commissions and taxes) can make actual returns lower. Dramatically lower. In today's podcast, I'll show you a few ways numbers can...

A few days ago something happened to me that was completely unexpected. One minute I was with friends and peers enjoying a baseball game… The next minute I hit the floor with a sickening thud. Medical attention came immediately. My alarmed colleagues insisted I should get to the hospital right away to make sure everything was OK. I'm so embarrassed by this. I still can't believe it happened! But I...

You've heard the debate over spending and saving: Whether to use debt to finance your purchases, or to always pay in cash so you avoid debt. And you probably have your own opinion on which method is best… But what if I told you they're both bad? That's right. Savers and spenders are both losing, because they're both playing a game that's rigged against them and in favor of the banks. Thankfully, t...

You've heard Infinite Banking advocates talk about how powerful and flexible IBC with a whole life insurance policy is. But you might be wondering: Isn't that just hype? Is whole life insurance really that great? So in this episode I'm sharing a boatload of ways whole life can set you up for smooth financial sailing. From buying a car, funding college, saving for retirement, or anything else you c...

I talk about whole life insurance often. For most people, it's the best vehicle to use for the Infinite Banking Concept (IBC). But technically it isn't the only way. And with bank CDs paying higher interest rates right now, you might be wondering: "Would I be better off using CDs instead of whole life?" So today, I'm going to show you what you need to keep in mind when deciding which vehicle to us...

You've heard all your life that it's best to start saving early. But without taking a closer look at the numbers, you won't realize how dramatic the difference is. Today I've got a practical example that demonstrates how much harder it gets to save for retirement as time passes. And I'll share other important considerations that are easy to overlook when you think about retirement. You do NOT want...

It's important to know that the Infinite Banking Concept is just that: A concept. It's not something that you can buy at an insurance company. Instead, it is a process that teaches you how to take over the banking function in your life.   A whole-life policy is the most reliable vehicle for this process. In this episode, I'll tell you the top three things about Infinite Banking. Plus, I'll show yo...

Growing your money can be tough if you don't know about the common mistakes out there.  These mistakes could turn your savings into something the taxman wants a piece of...  Or cost you thousands in the long run. In this episode, I'll tell you all about these mistakes and how to avoid them. I'll also show you how to safely grow your savings, more than you think is possible.  Tune in now! Show High...

So you've discovered Infinite Banking and realized the advantages whole life insurance offers to your loved ones?  And now you're thinking about whether you should have whole life insurance on your parents. But you wonder… Can I even do that? Are there good reasons to do it? How hard is it to set up? I'm here to help! Today I'll explain why you can (and should) own whole life policies on your pare...

Infinite Banking (IBC) users love the independence and control it gives them over their finances and their lives. Some users love doing everything themselves, and want to know how much they can do without needing to get anybody else involved… Others love not being shackled to banks anymore, but need somebody on their side to help them with every step. And to be there whenever they have questions....

Most people think about the obvious advantage of their life insurance death benefit: when you die, your loved ones get money! As important as that is, there's more that a death benefit can do. Today, I'm sharing how the death benefit can be optimized for your family, your business, and for charitable organizations you wish to support when you pass away. This will give you a glimpse of what's possi...

When people hear me talk about the Infinite Banking concept they naturally have questions. And I get it! You're doing your due diligence and want to be confident IBC will work for you. So to help with that, I'm back to answer more of the questions I get asked all the time in today's show. Questions like: Should I even try to get insurance if my health isn't great? I don't have a lot of money. How...

Pensions are awesome! And while they aren't as popular as they used to be, if you do have one you've got a tremendous asset on your hands. You might think all you have to worry about is choosing the right payout option… But in most cases you can safely get more money from your pension when you connect it with the Infinite Banking Concept. Today I'll explain how this works, and help you see if it's...

When people hear me talk about the Infinite Banking concept they naturally have questions. I get it: The ability to "be your own bank" can sound too good to be true. That's why I'm answering a handful of frequently asked questions in today's show like:  "What is Infinite Banking?" "Am I too old to get started?" "How long does underwriting take?" And "Why can't I use my own doctor and lab results?"...