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Infinite Banking Made Simple

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Manage episode 494574058 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The big idea of Infinite Banking is that you recover the money you’re spending.

The Infinite Banking Concept uses a participating whole life insurance policy to accumulate equity, then use that equity to leverage for a loan.

This process can be understood easily by thinking of something we are already familiar with. A HELOC.

There are some similarities to using a Home Equity Lines of Credit and using a Life Insurance policy as collateral for a loan. We talk about them.

There are also some big differences that gives Life Insurance a big advantage. We talk about those.

The Infinite Banking Concept is very straight forward. Much of the complicated information and articles on IBC are not helpful and just cause more confusion.

This episode is all about Infinite Banking Made Simple. Listen and learn now

Go here to get the Infinite Banking Made Simple Binder for free: https://mcfieinsurance.com/

Follow the Wealth Talks Podcast on:

Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==

Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch the Wealth Talks Podcast on: YouTube: https://www.youtube.com/@wealth-talks-podcast

  continue reading

531 episodes

Artwork
iconShare
 
Manage episode 494574058 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The big idea of Infinite Banking is that you recover the money you’re spending.

The Infinite Banking Concept uses a participating whole life insurance policy to accumulate equity, then use that equity to leverage for a loan.

This process can be understood easily by thinking of something we are already familiar with. A HELOC.

There are some similarities to using a Home Equity Lines of Credit and using a Life Insurance policy as collateral for a loan. We talk about them.

There are also some big differences that gives Life Insurance a big advantage. We talk about those.

The Infinite Banking Concept is very straight forward. Much of the complicated information and articles on IBC are not helpful and just cause more confusion.

This episode is all about Infinite Banking Made Simple. Listen and learn now

Go here to get the Infinite Banking Made Simple Binder for free: https://mcfieinsurance.com/

Follow the Wealth Talks Podcast on:

Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==

Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch the Wealth Talks Podcast on: YouTube: https://www.youtube.com/@wealth-talks-podcast

  continue reading

531 episodes

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