What Is The Infinite Banking Concept? - Part 1

What Is The Infinite Banking Concept? - Part 1
What Is Infinite Banking? The Infinite Banking Concept Explained
Have you heard about Nelson Nash, Infinite Banking, Becoming Your Own Banker, bank on yourself, or be your own banker and want to learn more? Or maybe you’re already using Infinite Banking, but would like to be able to explain it better to your spouse, your parents, your children, business partner, or friends.
Today, we're starting a new series on Infinite Banking Basics, where we'll be unpacking all of your "What" questions about Infinite Banking. In this conversation, we answer
- What Is Infinite Banking?
- What Is Whole Life Insurance?
- What Is the Purpose of Life Insurance?
Join us LIVE, ask your questions, and get the clarity you need to make decisions.
So if you want to see how Infinite Banking gives you control and options, why you don't want only term life insurance, and why insurance is still for you, even in your latest decades … tune in now!
👉👉 Want the Exact 🏦Privatized Banking🏦 Strategies Our Clients Are Using to Build Financial Freedom? CLICK HERE For the #1 Secret: privatizedbankingsecrets.com/...
👉 👉 Listen to The Money Advantage podcast: themoneyadvantage.com/subscri...
👉 👉 Ready to move forward with Privatized Banking, alternative investments, or cash flow strategies to coordinate your finances so that everything works together to improve your life today and accelerate time and money freedom? Book an Introductory Call with our team today: themoneyadvantage.com/calendar/
#infinitebanking #whatisinfinitebanking #whatistheinfinitebankingconcept

[@dailstancill720]

For clarity, giving up the opportunity to earn interest is a positive/favorable statement but it also is eliminating any risk of losing principal. Both cash in the bank(money market or CD) and CV in an insurance policy come from discretionary income - earned, portfolio or passive. Both places have limitations on the use of your cash. Banks sets its limitations & insurance companies set their limitations. Is pulling basis out out a permanent policy the same as ROP term or UL? If so, it's not tax free income, it's just return of premium you contributed with after tax income. If the only way to access the capital gains is by policy loans then it's not free because you are paying interest for this access. Some say well credited interest cancels out policy loan interest so it's a wash. Is this true? Thx for your insight, expertise & willingness to share & break it down in understandable knowledge chunks!

[@TheMoneyAdvantage]

Thank you for asking. We will address this in one of the next podcasts we do.

[@mariskascheepers4133]

"Model the successful few and not the croud" WOW!!!!

[@TheMoneyAdvantage]

Thank you for watching!

[@musicislife2000]

Does infinite Banking only consist on Life Insurance?

[@TheMoneyAdvantage]

Thank you for watching! Infinite Banking is a concept, and whole life insurance is the financial vehicle we use.