Infinite Banking Mastery

Everybody's heard about inflation, but most people don't know much about it. And the government and banks seem all too happy to keep it that way. But this topic is so important even John Adams was sounding the alarm about it all the way back in the 1700s! Inflation can be hard to explain in academic terms, so today I'll share a story that illustrates what inflation is, and how it does so much dama...

You've heard plenty of savings advice. But you might be wondering if conventional wisdom really is the best. Well did you know sometimes banks will encourage you to follow one strategy while they operate on a different one? In this episode I'll tell you what they do so well, and how you can adopt their strategy yourself to plan for retirement more effectively. I'll also explain why you should be b...

You've heard the downsides of term life insurance and now you're wondering: "Why would I ever buy term?!" But the truth is, there are times where it's a smart move. And in today's episode I'm sharing a boatload of reasons term life insurance can make sense for you or your loved ones. Listen now! Show highlights include: How to use term life's flexibility so you get the death benefit you need witho...

Critics of Infinite Banking say term life insurance is the way to go. And while I believe there's a place for term insurance, that doesn't mean it's for everybody. And there are things you should know that you can't expect to hear from the people who sell and promote it. In this episode I'm sharing important downsides so you can know when term insurance makes sense for you, and when it doesn't. An...

You've learned enough about the benefits of Infinite Banking you're starting to wonder: Why doesn't everybody know about this! Is it a conspiracy?  A plot to keep you in the dark?  Not exactly.  There's a simpler (but still serious) explanation, and I'm sharing it in today's episode. Plus, I'll give you a peek "behind the curtain" at what goes through the mind of an average agent when they're intr...

You don't like to think about it. But you know that in a blink something could happen that leaves you financially responsible for a fortune.  But you don't have a fortune. So now what? Can creditors or the government come after everything you have? Even your life insurance? This is a complex issue, with parts that vary by state. But on today's episode I'll help you understand the basics so you can...

You know that IBC is built on cash value whole life insurance policies, so you might think term life isn't worth your attention. Don't be so sure! It turns out, term life insurance can make it easier for you to build your banking system. Especially if you're just starting, or have a limited budget. In this episode I'll clarify one important feature of term life insurance: how to convert it into a...

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...