The 5 Rules of the Infinite Banking Concept (IBC): David Stearns

The 5 Rules of the Infinite Banking Concept (IBC): David Stearns
Want to know you’re setting up and using your Infinite Banking policies for the maximum advantage?
You’ve decided to buy a specially designed whole life insurance policy, you’re working with the right advisor, you have an excellently designed policy, and now you’re thinking, how do I become the best banker I can and use my policy to its fullest potential?
If you want to get the most out of your Infinite Banking policies, you have to follow the five rules of IBC from Nelson Nash which are found in Becoming Your Own Banker.
Here to unpack these 5 principles for making the most out of your Infinite Banking is David Stearns, Nelson’s son-in-law and president of Infinite Banking Concepts, LLC, who is carrying on Nelson’s legacy both professionally and personally.
So, if you want to learn from the best, this is as close to the source as you can get … come with your questions, and tune in now!
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[@jaaymze]

Thank you, Rachel, Bruce and David. Such a valuable discussion. Love the positive vibes and energy you all deliver. I hope to work with you in my future. MJC

[@TheMoneyAdvantage]

Our pleasure! Glad it was so valuable to you!

[@steveezard8859]

Thank you guys! This was extremely helpful for me.

[@TheMoneyAdvantage]

We are glad you found it helpful! Thank you for watching!

[@jessemiles5856]

Not sure why policy design is always the first thing to get attacked (Seems almost every ibc video has to cover this for some reason). I was looking forward to learning more about the actual mechanics of what "being your own banker" looks like in terms of how to actually move money in and out as efficient as possible. I want to learn how bankers think and act.

[@TheMoneyAdvantage]

Thank you for commenting. Did you listen to the entire interview? Also here are a few podcast episodes I think you will find valuable:
1) czcams.com/video/NJBKfBelSGQ/video.html,
2) czcams.com/video/ghvEU4tXzw8/video.html
3) themoneyadvantage.com/biggest-thing-you-can-do-to-increase-your-cash-flow/

[@zachzezulka8659]

This will take any person a lifetime to learn. Your mind will change as you learn. This is an abstract thing it is as creative as your mind. As long as you manage the money you have in a loans and you pay your self more interest you will be okay. This doesn’t mean the first go at it will be what works best for you, but you will have a contact and a learning opportunity.

[@dustinanddylc]

Because they are setting up themselves as the expert as the only one who knows how to do it properly.

[@heartzred13]

Thank you Rachel,
This was very informative. I'm still learning.

[@Rew123]

Rule #1: Just because you can do something, doesn't mean you should.

[@TheMoneyAdvantage]

Thank you for watching!

[@cybercab]

Math is hard.

[@TheMoneyAdvantage]

Thank you for watching!