Without the Bank Podcast

Let's break down some myths that I have been hearing about lately. Audio Production by Podsworth Media - https://podsworth.com  

Here is how the policy loan rate changes are determined and, by contract, when they can change. Also a little bit on how loan rate interest is figured and applied. Audio Production by Podsworth Media - https://podsworth.com  

Rarely, if ever, do we get to hear from someone internal to a life insurance company. Clay shares some great insights on why a company may not like a 10/90 policy and how that can affect the company. He also talks about Universal Life policies and how they are different from whole life. Audio Production by Podsworth Media - https://podsworth.com  

If you are blue collar or in the trades, do you know your value? So many do not, and I am here to tell you, you have value, and you need to start recognizing that. Audio Production by Podsworth Media - https://podsworth.com

Many people think they are too old to start Infinite Banking, which is not true. Also, that ties into when we should be buying a policy on mom or dad, or if we have business partners, when we should be buying key-man or buy-sell policies. Audio Production by Podsworth Media - https://podsworth.com

It was super fun talking to one of the IBC Practitioners I look up to, James Neathery. He knew Nelson very closely, so I wanted to visit with him about Nelson and then get into why we are so passionate about IBC. Audio Production by Podsworth Media - https://podsworth.com

What does 1035 mean and how does it work? Also, I include my suggestions for why you should NOT 1035 a policy and why you SHOULD question your agent if they suggest it. Audio Production by Podsworth Media - https://podsworth.com

Collateral assignments on whole life policies are not a great option if you want to maintain control. Also, the strategy of using a CD as collateral has become a talking point in the last couple weeks, and we need to understand why that is not always good either. Audio Production by Podsworth Media - https://podsworth.com

Inflation truly is the silent thief, and people don't understand how it affects how much money we need saved, what rates of return we need to earn to get there, what percent of income we need to save, and why cash flow is so important. This is the real reason IBC fits into everything you will need for the future. It will also show you why liquidity of money is the top priority as you are young. Au...

Since we talk about death a lot on this podcast, let's address why you should be funeral planning for locked-in costs and peace of mind for your loved ones. Audio Production by Podsworth Media.

Everyone is getting hit by inflation, but this is why it's worse for employees. Audio Production by Podsworth Media.

Today I answer 3 common questions: Will death benefit be paid right away if something happens? Is cash value and death benefit paid upon death? ...and are premiums flexible? Audio Production by Podsworth Media.

If you are a small business owner stuck and needing help, tune in! I have added my two cents and experience to the equation. Audio Production by Podsworth Media.

If you are an honest banker and pay back your loans with extra interest, that may not fit in the policy as premium. Audio Production by Podsworth Media.

Here are some of the most frequently asked questions and concerns that I have received or come across recently. Audio Production by Podsworth Media.

Let's clear up more confusion around IBC and what it really is and what it is not. Audio Production by Podsworth Media.

Understanding cash value and using correct terminology is super important to the long term growth of your policy. You never want to take money out when you intend to borrow. Audio Production by Podsworth Media.

In this episode, I talk about whether or not an IBC life insurance policy is a hedge against inflation and whether or not life insurance companies are secure during this time, due to pure craziness. I also, at the end, tell you what can stop inflation. (It's really quite simple.) Audio Production by Podsworth Media.

Why small businesses should make money and not feel bad about it! Audio Production by Podsworth Media.

We often wonder why we are so frustrated with what we are doing or who we are working with. This is a GREAT answer to how to find out where people will excel and how we can understand them. Audio Production by Podsworth Media.

Is early withdrawal a good idea, or should you just hang in there waiting for your return? Why a 10% penalty on your money? So many points of concern to be addressed here. Audio Production by Podsworth Media.

There is so much social media noise around the Infinite Banking Concept that it's hard to know the truth from the lies. Here are some pointers many folks don't think about. Audio Production by Podsworth Media.

If you are using the bank, you are part of the problem. The Infinite Banking Concept has nothing to do with rates of return or banks. Listen in! Audio Production by Podsworth Media.

So many people ask me, "How can I use IBC in my life, and what all can I use it for?" This episode will go over some examples for everyone! Audio Production by Podsworth Media.

So many business owners meet with me and think IBC is just something they can use on the personal level, when in fact, it's for the business as well. Keep in mind, Nelson always said, it's one pool of money. Audio Production by Podsworth Media.