Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Having the correct mindset is absolutely essential when it comes to running your own banking system.

While we know that IBC can fall victim to influencers and grifters online – it can also fall victim to misinterpretation as an “expense”.. Rather than an asset that not only grows your wealth, but ensures that your family and loved ones will be supported in perpetuity.

In this week’s episode, Dave and Paul examine the idea that IBC, or insurance – being viewed as an expense. When it comes to life insurance, that certainly isn’t the case, and they’ll tell you exactly why.

Episode Highlights:

0:00 - Introduction

0:27 - Episode beginning

2:57 - Home equity and HELOCs

7:49 - Thinking of insurance as an “expense” vs. an asset

10:21 - Comparing other types of insurance to life insurance

15:39 - Another point of distinction

19:15 - Life insurance replaces the “future value” of a loss

25:32 - Has your *insert here* insurance gone up?

29:39 - The future is unknown – premium is the solution

31:16 - Another point of comparison w/ “regular” insurance

35:09 - Re-framing the conversation w/i this episode

37:05 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

In this week’s episode, Dave and Paul are answering YOUR questions from the comments..

From the philosophy behind taking out policy loans and why loans shouldn’t be feared in general – to 10/90 policy designs and the easiest way to expand your bank..

If you’re poking around the IBC concept and looking to learn more, this episode is a great place to start!

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

0:00 - Introduction

0:27 - Episode beginning

1:55 - Responding to some more comments

4:40 - Explaining the concept

8:09 - Some recommended reading

11:38 - Recommendations for people looking to learn more

14:28 - Revisiting the “lawnmower epiphany”

15:30 - Loans should not be feared

20:41 - Tithing

26:03 - Easiest way to keep expanding your bank

30:51 - 10/90 Policy Design

35:01 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

If you’ve listened to even a handful of episodes, you know that IBC comes under constant fire from people that don’t understand the process and most importantly – the benefits.

Between 401k believers, CFPs and internet commentators to the influencers and talking heads like Dave Ramsey – there is no shortage of critics and detractors looking to discourage the process of becoming your own banker.

Whether it’s trolls on the internet, or “Uncle Bob” at Thanksgiving, Dave and Paul take this episode to help you navigate the myriad of critiques you may encounter in the wild – and how you can respond..

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

0:00 - Introduction

0:27 - Episode beginning

3:24 - Responding to an IBC hater

7:35 - The question of compensation

14:23 - Can you setup your policy yourself?

16:01 - “Insurance companies keep the cash value after you die”

19:25 - “You have to pay interest to borrow your own money”

22:05 - “IBC sounds risky”

25:56 - “Only idiots buy whole life insurance”

32:05 - “IBC is too good to be true”

34:44 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com