Description
This is the deepest dive we've ever done on the infinite banking concept, compiling the most asked questions and the most misunderstood aspects of becoming your own bank through infinite banking.
Does it make sense for you to bank on yourself with one of these custom-designed cash value life insurance IBC accounts based on the financial coaching done by Nelson Nash, author of Becoming Your Own Banker?
The Infinite Banking Concept is one of the most exciting - and misunderstood - wealth strategies out there!
Find out if becoming your own banker is a good fit for you and your family by emailing MC at:
► ** ninja@vipfinancialeducation.com **
Please include your name & phone number in your email and 'IBC' in the email description.
Timestamps:
0:00 - Intro
1:04 - About the Expert
3:41 - Infinite Banking Concept 101
11:51 - Why Starting Early is Key
19:50 - Cash Value vs Death Benefit
24:31 - Cash Value Availability Explained
27:50 - What Happens If You Stop Paying Premiums?
33:29 - Death Benefit Payout
34:17 - IBC vs the “Simpler” Alternative
39:28 - Who is NOT a Good Fit For Infinite Banking?
43:48 - Red Flags
47:18 - Setting Up Your Own Infinite Banking
Matthew Pillmore, president of VIP Enterprises, is joined again by Infinite Banking Concept expert and host of the Cashflow Ninja Podcast, MC Laubscher, to uncover the critical components and deciding factors for those interesting in uncovering the Infinite Banking Concept for their own financial strategy.
Will this popular Debt Weapon work well for you and your financial goals? Find out in today's episode!
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► http://www.FreeCoachingCalendar.com
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It's way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel!
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Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow-through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds.
Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!!
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Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content.
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