Infinite Banking Mastery

Your most valuable asset is your ability to earn an income. But the majority of Americans do little to protect it. This is alarming because nearly ⅓ will suffer a disability sometime in their career that forces them out of work for at least three months. And it's not just people with tough jobs like building bridges or mining coal. If you're one of those under-prepared Americans, don't panic just...

You've heard the conventional wisdom: "Save 10% for your future self." But different experts say different things…10%, 20%...who's right? And what if your expenses are so high you think you can't save anything? This is the episode for you if you've been wondering about how much to save toward retirement. I'll explain why there isn't a "cookie cutter" answer, and what to consider as you make your o...

You like the idea of IBC, but you're wondering if you really have the money it takes to get started. You're not alone! It's normal for clients to wonder if they can really afford this, and how much they need to get started. That's why in today's episode I'm going to help you understand why I advise the funding levels that I do. I'll also explain why your exact number won't be the same as somebody...

One of the things we love about IBC is that you can set up a system to BYOB–"Be Your Own Banker" and essentially borrow money "from yourself"…at far lower rates than conventional banks offer. And while repaying these loans comes with LOTS of flexibility, for best results you do want to get them repaid. That's why today I'm talking about ways to do that without burdening yourself with payments, and...

Every now and then I'm asked if churches can use Infinite Banking. And I wish more churches would ask, because the answer is "Yes!" If you're in church leadership, or just a member of a congregation you care about, then this episode is for you. I'll explain why IBC is a great option for churches who want to use their financial blessings wisely. And I'll tell you why IBC makes more sense than a sav...

You owe the US Government $519,000. What? How? Well, as a nation, we owe over $31 trillion owed in funded liabilities (debt.) And we also owe over $173 trillion in unfunded liabilities (even more debt.)  Worst part? According to David Walker, ex-CPA of the USA, your future tax rate will need to double — or else the nation will declare bankruptcy.  Imagine paying double the taxes you already pay. W...

It's great to have a whole life insurance policy for each member of your family. But what do you do when your budget simply won't allow it? In this episode we're talking about how to do the best you can with the resources you have so you can provide for your children. You'll learn what a Child Rider is and why it's a great option for most people who have financial constraints.  I'll also share why...

The death benefit isn't the primary concern for most people who use Whole Life Insurance for Infinite Banking. But it's still important! In this episode I'll explain why you cannot afford to overlook what a benefit it is. I'll also share a true story that illustrates why, in some cases, the death benefit is the most important part of the legacy you leave behind. Listen now! Show highlights include...

Everybody who understands Infinite Banking wishes they had known about it sooner. So it's no wonder many of them ask: "Am I too old to start?" I get this question a lot. So if you're concerned you've missed your chance to use IBC this episode is for you. I'll explain why in most cases it's not too late, even if you're already at retirement age! Plus, I'll explain your options for those rare cases...

You've come into a big lump sum of cash, and you're already using Infinite Banking. Naturally you wonder: "Is there some way I can use these funds to help my system?" Yes! You certainly can. And in this episode I'll explain your three best options, and why two of them are usually better than the other. In the interest of full disclosure I'll also share a fourth option. It's NOT the best idea in mo...

You've just come into a big lump sum of cash, and you're ready to get started with Infinite Banking. Is it best to put it all into your banking system right away, or is there a better approach? In this episode I'll share why it usually isn't best to put an entire lump sum into a new banking system. I'll also explain an option on how to get that entire lump sum into your IBC over time, without spen...

There's been a lot of buzz around Universal Life Insurance policies. Mostly because they offer great flexibility in their premiums, and they sound great at first glance. So you might be wondering: is this a better way to do infinite banking? That's what I'm talking about today on the podcast. I'll explain what Universal Life Insurance is, and why there are several types. And I'll tell you why I st...

It can be hard enough to pay all your bills when you're healthy. What if hardship strikes and you can't make your bills? How will you ever pay your whole life insurance premium? Is your policy doomed to lapse, or is there something you can do? This is a question I get a lot. And today I'll explain different options (all legal and ethical) to keep your Infinite Banking plan together when life seems...

You like the Infinite Banking Concept, but you honestly wonder: "What company is the best for the whole life insurance I need to get started?" It's a question I get a lot! And even though I can't give a cookie cutter answer, in this episode I'll explain why that's actually a good thing. Plus, I'll tell you what to look for to get a great policy no matter what company you choose. I'll also explain...

Hypotheticals are one thing, but you want to know: "How do people actually use Infinite Banking to make their lives better?" Today I'm answering that question the best way I know how: by filling this episode to the brim with examples of what real people have done, and are doing.  There's no theory or filler in here, just real world evidence of how IBC can help you handle the needs, wants, and chal...

In a world where "too good to be true" usually is, it's easy to wonder if Infinite Banking works the way advisers like me claim. Maybe that's why so many people head to Google and ask "Is Infinite Banking a scam?" In this episode I'm going to separate fact from fiction so you can see through the confusion and misrepresentations certain "experts" create around IBC. I'll also explain why so many qua...

Now that you understand long term care coverage and why it's so important, it's time to talk about different ways to secure these benefits. Benefits that could be the difference between dignity and despair in the latter years of your life. In this episode I'll explain the basic terminology you need to know, and tell you about different options available to you. Listen now! Show highlights include:...

You know long term care coverage is something you should look into, but you figure you have plenty of time. It isn't urgent. But the truth is: waiting could be a huge mistake. In this episode I'll share why you should secure this coverage sooner rather than later.  Listen now! Show highlights include: Sneaky way forgetfulness can slam the door on your ability to get long term care coverage. (1:15)...

It's easy to get confused about long term care vs. long term disability. And without being prepared, you could be setting yourself up for financial disaster at the worst possible time: your senior years. But don't worry! Today I'm here to clarify. And I'll explain why long term care coverage is something you should think about, unless you want a huge risk hanging over your head, during your retire...

Ask the average person if they think they'll become disabled, and naturally they'll say no. And while I hope they're right, the statistics tell a different story. And it's not just statistics: it's real people in the same position as you. Healthy people who never imagined it could happen to them. The reality is if you don't have a plan to deal with a disability, you're risking financial ruin. In t...

Getting started with Infinite Banking is exciting, but it can also make you nervous: Especially if you're concerned about how to fund it. And many people are, because I'm often asked questions like "How much does it take to get started?" and "Do I need to have a lot of money up front?" So today I'm here to help calm those nerves! In this episode I'll walk you through those questions so you can sta...

You've heard about IBC and it sounds great. But you're wondering: "How do I even get started?" That's what today's episode is all about.  I'll walk you through the best process. The process that lets you understand Infinite Banking and have confidence your plan is designed to work for you from the very beginning. I'll also share what you should know before meeting an IBC practitioner. And I'll giv...

It's normal to have questions and concerns about Infinite Banking. But where do you find honest sources who can tell you what you need to know? Look no further. Today I'm here to share the pros and cons of Infinite Banking.  You'll get to hear my long list of pros, and listen as I dig deep into criticisms against IBC so we can look at it fairly and set the record straight. Listen now! Show highlig...

The prime way the rich get and stay rich is by leveraging other peoples' money (OPM). But if you aren't rich you might be wondering: how can I find some OPM to get started? If so, then this episode is for you. That's because I'm sharing a long list of sources you can consider. Plus, I'll also explain why whole life insurance is my favorite way to use OPM to grow wealth of your own. Listen now! Sho...

You know you can borrow against the whole life insurance policy in your IBC, and that repaying it with extra interest is like paying yourself back. But does that mean all the interest you pay is going right back to you? Not exactly. This is a topic that can get confusing, so today I'm here to set the record straight. You'll have a better understanding of what's going on with those interest payment...