Wealth Talks

The system in America has failed our generation in teaching young men how to manage their money. As a result a lot of men at many different income levels are living hand to mouth/paycheck to paycheck, going around and around in the rat race of life, never understanding how to get ahead, or how to get their money to work for them. This can change. In order to become financially successful, young me...

The Dave Ramsey baby step program doesn't include any whole life insurance. Why?  Dave calls Whole Life Insurance C***.  Is it cause he doesn't understand it? Or is it for another reason? We respond to Dave Ramseys argument against Whole Life Insurance here.  Whole Life Insurance (only when designed correctly) can actually make The Dave Ramsey 7 baby step program better. Watch and see.

This is a review of a Participating Whole Life Insurance policy, designed for infinite banking, that was purchased over 18yrs ago. We have access to the original sales illustration which showed projections of what the policy would look like into the future, and then we also have a current active illustration showing what has actually happened in this policy over the last 18yrs. This policy was wel...

Wealth is generated is many unique ways. Often times we associate wealth with monetary status, but it has been insightfully  said that true wealth is what you have left when all your money is gone. This is an interesting perspective indeed.  In this episode we talk about how wealth is created (even with no monetary transaction), we talk about real estate purchases and planning, we give an update o...

This Podcast episode is about a book we recently came across and enjoyed so much we wanted to share it with you. Rhinoceros Success by Scott Alexander and forward written by Dave Ramsey, is a short humorous motivational book about developing a mindset and way of life that brings success. Using animals as metaphors. This vivid fast paced book will have you chuckling and laughing as you learn the se...

Family Banking lets you Build, Protect, and Control Your Family's Wealth. Our family has been doing family banking for 19 years. We teach other people how to set it up. If you want to get started with family banking, we would love to help you: go to our website here and request an appointment: https://mcfieinsurance.com/private-family-banking/ What if your family could become its own source of fin...

Watch the video podcast on Youtube here: https://youtu.be/yxpHd3fh0IM Join our discussion as we ponder: What does it mean to Make America Rich Again? Is America Rich like it once was? Steven doesn't think so...so how do we Make America Rich Again? Maybe Making America Rich Again isn't just about the money. How are the values of America doing? Is today's generation learning  values and lessons from...

Is Infinite Banking the end all be all magic financial formula? No. However IBC can make everything you do financially better. Ben shares a recent example of how he used Infinite Banking to generate over 30% return in one of his businesses. This would not have been possible using a CD, 401k or other type of limited access investment tool. Using a well designed High Cash Value Participating Whole L...

If you want to understand how an Infinite Banking Policy for 2026 should function and be designed, you are in the right place. We have been practicing and designing infinite banking policies for the past nearly 20 years. A lot has changed with insurance products and designs over this time. Here is what you need to know: The relationship between premium, cash value and death benefit in a whole life...

How much Life Insurance coverage you needs depends on what your goals are with leaving a death benefit and using the living benefits of your life insurance policy such as with Infinite Banking. This episode will help you understand how much insurance coverage you need.  After listening, you'll have a better understanding of how life insurance works, and have some realistic expectations for what gr...

If you want to learn about how policy loan interest works on a whole life insurance policy and how that works with Infinite Banking, this is the episode for you. Having the ability to take a policy loan is a huge financial benefit, but you want to make sure and understand how the interest works on a policy loan before you use it so that you don't destroy this asset and create a liability for yours...

This episode is about how our clients have used Infinite Banking.   Infinite Banking as the name suggest can be used for and infinite number of things. Some of the success stories our clients have used infinite banking for are encouraging, inspiring and just fun. Listen and get inspired and learn how you can better implement infinite banking to create a better financial future.   In this episode:...

Investing in Infinite Banking vs investing with Infinite Banking. What's the difference? Today we're talking about how you can use Infinite Banking with investments to grow your money even faster. A policy loan can be used for many different things, including investing. This can be investing in the stock market, investments in real-estate, business funding, financing your taxes, etc. Here is a rea...

Did you know you can use Infinite Banking to save money on your taxes? There are multiple tax benefits to using Infinite Banking, and in this episode, you'll learn a few smart tax strategies to save money on taxes by using Infinite Banking. With the infinite banking concept and Participating Whole Life Insurance, you get tax deferred growth on your money and get tax free access to this growth! BIG...

In this episode, you'll learn how to use Infinite Banking even better by learning from the stories of other people. In this episode, learn about how people use Infinite banking to: ·       Build a family banking system ·       Build a health food store ·       Develop software ·       Build a new business ·       Purchase business equipment ·       Loan money to a friend ·       Pay for private sc...

Answers to questions about Infinite Banking such as: • How much money do I need to start Infinite Banking?  • Should I pay off debt before starting Infinite Banking? • Does cycling money in and out of my policy grow it faster? • How to stop paying premiums on your Infinite Banking policy. • What is an RPU? Listen and get answers to all these questions and more in this episode of Wealth Talks podca...

Infinite Banking can help you level up your financial game and build wealth faster, but there is a lot to understand and sort through to understand what is Infinite Banking? In this episode we answer questions about Infinite Banking, and discuss how you can level up your financial game and build wealth by doing what successful people do. Both strategy and philosophy. Some of the questions in this...

Infinite Banking can help you level up your financial game and build wealth faster, but there is a lot to understand and sort through to understand what is Infinite Banking? In this episode we answer questions about Infinite Banking, and discuss how you can level up your financial game and build wealth by doing what successful people do. Both strategy and philosophy. Some of the questions in this...

In this episode we go over some of the problems with Infinite Banking. Some of these problems are with the Infinite Banking Concept directly. Some are false teachings/marketing about the infinite banking concept. Other problems we address in this episode are personal problems that must be taken care in order to have success with practicing the Infinite Banking Concept. Watch Steven's video on IUL...

This episode is about how to use Infinite Banking as part of your retirement strategy. Infinite Banking is a financial tool that gives you a competitive edge in everything you do. Using The Infinite Banking Concept as part of your retirement planning gives you the flexibility of a very liquid asset that you can use for increasing your retirement income. Listen and learn about how you can use Infin...

This episode is about how to finance purchases with Infinite Banking. Using Infinite Banking like your own private bank provides you with flexibility, freedom and greater financial gain than using other financing methods. With interest rates no longer at record lows, Infinite Banking makes sense for many purchases that you finance all the time. When you listen to this episode you will realize the...

In this podcast episode, we're going to discuss how to use the Infinite Banking Concept efficiently. As IBC practitioners, John and Ben share some of the things they have learned first hand by using Infinite Banking. Ben shares how he overextended when he first started purchasing whole life insurance policies for infinite banking. He explains what he did to fix this, and how he is using Infinite B...

In today's economy, your need for financing is greater than your need for a rate of return. Recovering the interest you would normally pay to a bank for financing something is what Infinite Banking is all about. Getting started with the Infinite Banking Concept requires discipline. Infinite Banking is a longterm financial strategy and not something that is built overnight. Infinite Banking uses Pa...

This is the story of how Nelson Nash discovered the Infinite Banking Concept, as written about in in his book Becoming Your Own Banker - unlocking the infinite banking concept. Nelson Nash wrote the book Becoming Your Own Banker and did seminars around the country teaching and sharing the Infinite Banking Concept. Since learning about Nelson Nash and Infinite Banking in 2005, we have been practici...

John, Ben and Steven McFie were home educated and are self-elected college opt-outs. All three of them are business owners and do not regret skipping a college degree.   College can be a smart or a foolish decision depending on the circumstances. This episode is not meant to discourage or encourage a college education, but is rather about learning your options and gaining perspective so you can ma...