Infinite Banking Mastery

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?"...

You have several extra options you can add to your original policy. Some options are better than others, depending on your situation. For example, there's a rider that would allow you to go on a bucket list trip or can cover up to all of your medical expenses, if a certain requirement is met. Another option is a rider that provides a death benefit for your children, up to $25,000 each. There are m...

Paid-up additions (PUA) are the "rocket fuel" that grows your whole life policy. So you definitely want them in your policy… But how long should you fund your paid-up rider? While there isn't a cookie cutter answer to this one, Valerie has valuable insights to help you make the right decision for your situation. Listen now as she explains paid-up additions, the avalanche of factors to shovel throu...

Did you know dividends aren't just for stocks? There's actually one specific type of life insurance policy–and only one–that can pay you dividends. In this episode I'll explain how Whole Life Insurance dividends work, the three things you can do with your dividends, and what to consider if you're looking for a policy and having trouble choosing a company. Listen now! Highlights include: Why knowin...

Repaying loans can be tough. Why? Because it involves extra planning, effort, and monthly payments that strain your finances. Many people struggle to keep up… But guess what? I have a solution for you! Did you know there are alternatives to paying back loans monthly without extra cash? Some methods even allow you to pause payments if necessary. Join me in this episode as I reveal lesser-known ways...

Life insurance policies are like a hidden treasure that only the wealthy know. Why? Because they come with mind-blowing benefits that can change your life. Join me in this episode as I spill the beans on how you can effortlessly pay off all your debts using a life insurance policy and much more… Listen now! Show Highlights Include: How to pay off a loan with your life insurance policy without spen...

Time is your child's greatest asset.  Especially when we're talking about investing.   The reason?  Compounding interest. The earlier your child starts investing, the greater the power of compounding interest. And that's where the REAL power of a whole life insurance policy comes into play. So, whenever a client asks me, "should I own whole life insurance for my child?", my answer is always… Yes! ...

The banks receive massive paydays by collecting interest off of YOUR savings. Here's how: Banks don't let the money you give them sit there. They loan it out as fast as they can, marking it up with interest, and selling it back to us in the form of car loans, mortgages, business loans, etc. They do all this because they make a much higher profit by keeping the money in motion, rather than letting...

When you pay yourself back with interest, you can: Avoid paying the banks ANY interest (and pay your banking system that interest instead.) Potentially retire with a larger nest egg, because you're receiving that excess interest And you'll stop forking over your hard-earned money to Wells Fargo or some other greedy banker All of this sounds great, but one of the biggest questions my clients ask wh...

Banks potentially steal tens of thousands of dollars by the time you retire.  How? With compounding interest.  I know, not a revolutionary concept, but considering how a loan for a $30,000 car actually costs more like $40,000 when you factor in an 11% interest rate... Banks steal from you every day you're paying back a loan — (well actually, you are willingly throwing extra money at them!) That's...

Whole life insurance is a terrible place to invest your money. And that's because life insurance is an asset, not an investment. With infinite banking, you're housing your money there as opposed to housing it with a bank. And from there, you can invest it however you want — pay off your house, debt, invest in short-term rental properties, etc. The trap Dave Ramsey and other financial gurus fall fo...

One of my new clients woke up with $0 in her life insurance policy after 33 years of funding. Worst part? Her premium was about to increase 1,300%. Yep, 1,300%! I tell you this because if you don't know any better, you can choose a life insurance policy that's not optimal for your personal banking system.  Many people make this mistake when getting started in IBC. But in today's episode, you'll di...

If you develop a serious medical condition, you can be banned from whole life insurance (or any life insurance contract!). This is fairly well-known, but there is a way around it: Term insurance.  With term insurance, your ability to be insured is "locked in" — even if you develop cancer or another fatal disease decades later. Best part? You can convert your term insurance into a whole life policy...

Your savings can be taxed if you set your life insurance up incorrectly. Simply put, when you deposit "too much" into a life insurance policy, you create a "Modified Endowment Contract" (MEC.) So, what are the disadvantages of a MEC? Any gains you make in your policy will be taxed at your individual tax rate upon withdrawal There's a 10% early withdrawal penalty if you try to take out before 59.5...

If you're not using your money to make money, someone else is. While you think your money is safe in the bank, they're loaning it out — at interest. This is how they make their real money. But, what if you were able to cut them out… And become your own bank? With a whole life insurance policy, you can! When you become your own bank, you can: Earn interest on the amount of money you're spending Eli...

Banks are the biggest hypocrites. They, and many financial gurus, like Dave Ramsey, convince you to amass a large fortune and then let it sit.  Yet banks do the complete opposite of what they tell you. They make their money by loaning out your savings to other people, all while earning interest. And the reason why they tell you to leave your money in the bank? So they can put your money in motion...

Would you rather earn: $100,000 a day for 30 days or… Earn a penny that doubles every day for 30 days? Trick question. At the end of the 30 days, you would have earned $3 million at $100k per day. Not too shabby. But what about a penny that doubles every day for 30 days? A cool $10.7 million! So how is this possible? Well, it's all possible with Albert Einstein's "8th Wonder of the World" — uninte...

Do you ever sit and burn $20 bills? If you don't, you may as well, because right now the banks are legally taking 34.5% of your take home earnings in pure interest. This interest isn't to pay down your mortgage, your car loan, or your student debt. It's to fill the greedy coffers of ultra rich bankers. Think I'm being hyperbolic? I purchased my home for $377,988 — amortized over 30 years. With an...

How nice would an extra million dollars sound? And imagine if you didn't have to work harder, smarter, or even work at all to get it. Well, this does exist! But I don't recommend you try doing it, because you'll cop a whopping 20 year prison sentence. But if your name is Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, or Goldman Sachs, then go for gold!  That's right, the banks do this ev...