Control and Compound with Darren Mitchell

On this week's episode, Darren and Christina are answering your most frequently asked questions! We have compiled the top ten questions from Instagram, TikTok, and YouTube and address them all. Enjoy! Show notes: 00:00 - Introduction 00:57 - What is infinite banking? 2:05 - How do I create an infinite banking policy? 3:25 - What kind of life insurance do I use for an infinite banking policy? 4:05 - How does the cash value policy grow? 5:30 - Should I build my policy for future deposits? 7:45 - What if I don't need life insurance? 10:40 - What if I'm uninsurable? 12:30 - Is infinite banking only for wealthy people? 14:20 - What's the minimum amount of money I need for a policy? 15:50 - Is infinite banking a scam? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina break down inflation and how we've found ourselves in this position with inflation still on the rise. The two also chat about stagflation, how you can measure your real inflation and what we can do to fight back against it. Show notes: 00:00 - Introduction 00:45 - What is inflation and why are we here? 4:10 - Are we experiencing inflation or stagflation? 5:25 - Real Inflation vs. fake inflation 9:30 - Measuring your real inflation 12:45 - How has inflation affected the real estate industry? 14:20 - What is lifestyle inflation? 20:50 - Is inflation going to go down soon? 23:55 - How can we fight back against inflation? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this month's C&C update, Darren and Christina cover the recent interest rate hike, the struggling Canadian Dollar, the current outlook of the real estate market, as well as some exciting news for upcoming episodes! Show Notes: 00:00 - Introduction 00:30 - Interest rates up by 50 basis points 1:30 - Inflation is down slightly 2:30 - The Canadian Dollar is down 3:55 - Volatility in the stock market 4:50 - Bitcoin still down 5:20 - Real estate market update 7:45 - C&C podcast update 8:50 - C&C Contest TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina are debunking all the RRSP myths that you've been told over the years including how a lot of people think they're getting a tax deduction when they put money into an RRSP, but in reality they are tax deferrals, not deductions. At retirement, there's two things you can do with your money, spend it or give it away. Do your spending plan and estate plan NOW. Don't wait until retirement. You simply can't leave your money in an RRSP if you want to be able to take advantage of the deal of a lifetime Show Notes: 00:00 - Introduction 1:05 - Busting the TAX myth 3:40 - Busting the myth that the whole strategy is you'll be in a lower tax bracket when you take it out 6:10 - Taking money out of the RRSP and what that looks like when you want to start spending 12:20 - You've named your kids as beneficiaries so the payout will go straight to them, not true! You will still pay the taxes out on those payments 16:20 - Not having control of your money outside of RRSP, you don't have access to it until you retire TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this week's episode, Darren and Christina break down the advantages business owners have when incorporating the use of the health care spending account. Unlike group insurance, this type of account has many different benefits and the two go through the different ways you can take advantage if you're a business owner. 00:00 - Introduction 00:17 - How do we fit health care spending account in overall plan 4:25 - Is it possible for employees to set up their own plan | Breaking down insurance by class 7:05 - Advantages of the Health care spending account vs. Group Insurance 13:10 - The right type of company you need to be to take advantage of this type of account 16:35 - Additional benefits from the account 19:10 - Private medical benefits 20:50 - Being as efficient as possible | Wrap up TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

We've talked a lot about what the infinite banking strategy can do for you when you're taking advantage of opportunities before retirement but on today's episode, Darren and Christina are breaking down a strategy that comes into play in retirement: the death benefit. Rarely a main focus, the death benefit will give you a permission slip to spend your own money in retirement. Darren and Christina use an example of two brothers who both have $1,000,000 saved for retirement where one has an expired term insurance policy and the other has a death benefit. You'll be amazed at the difference a death benefit can provide! Tune in now to find out. 00:00 - Introduction 2:20 - Breakdown of retirement spending, one brother with expired term insurance and the other with $1,000,000 death benefit at 35% tax rate 7:15 - Same example at tax rate of 50% 9:55 - Same example but if interest earned drops 2% 13:48 - Wrap up TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina debunk the infamous Dave Ramsey video on YouTube where he tells a caller on his show why infinite banking is a scam and why this caller should stay away from this type of policy. Point by point, Darren and Christina dissect where Dave goes wrong in his video and although he is coming from a perspective of being in the United States, as opposed to Canada, much of what he's staying/misleading still applies in Canada. Tune in now and find out why Dave is wrong! Show notes: 00:00 - Introduction 2:16 - A caller on Dave Ramsey's show asks Dave about Infinite Banking 4:52 - Dave tries to tell the caller that he's being overcharged by the policy 12:05 - Dave thinks infinite banking is "old school whole life" done poorly and thinks they pay out nothing at death 20:20 - Dave thinks the dividend payment is the "refund of a deliberate overcharge" 23:53 - Dave thinks that since these policies cost more than others, it's a ripoff/scam 27:11 - Dave says the only reason these policies exist is for the commission the agent makes selling it TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina show you how you can double your retirement income and at the same time reduce your retirement risk! Believe it or not, there's a way you can do this and if you're wondering why you've never heard of this concept before, it's because the banks don't want you to know! Darren and Christina break down what a hypothetical retirement savings plan with look like if it is subject to the volatility of the market and then show you the MASSIVE change in the outcome if you add an uncorrelated asset to the equation. This is incredible stuff and if you're interested in learning more, visit our website and speak to a wealth coach now! Show notes: 00:00 - Introduction 1:32 - Volatility in the market 5:10 - Breaking down retirement projections based on Stock Market/S&P 500 10:45 - Using an uncorrelated asset 14:30 - Benefits of infinite banking used to increase retirement savings TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina are coming at you with the October Update and go over a few topics including a quick look at the Stock Market and if Canada is headed to a bear market, another interest rate hike, Bitcoin continues to suffer, housing prices are down across Canada and finally, Control and Compound welcomes Jill to the team! Show notes: 00:00 - Introduction 0:20 - Stock Market Update (Bear Market) 2:05 - Interest Rates and Inflation 4:45 - Bitcoin Update 5:10 - House Prices 8:05 - Industry News 11:05 - C&C Update - Welcome Jill! TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this week's episode, Darren and Christina talk about how much life insurance one needs and whether or not you have the right coverage. Christina goes through a needs analysis and also covers the things you want to have covered as well. Christina also breaks down what Human Life Value means and how it relates to exactly how you'll be covered when you purchase the proper life insurance and Darren talks about term insurance and making sure you have insurance with a company that offers a conversion option Tune in now to find out if you have the right coverage! Show notes: 00:00 - Introduction 00:30 - What is a needs analysis? 5:35 - Defining Human Life Value 8:15 - Filling the gap with the proper Term Insurance TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this week's episode, Darren and Christina breakdown disability insurance and why it's so important to not overlook this type of insurance. Everyone has insurance on their house, their car, their boat etc. but a lot of people don't insure their most important asset, yourself and your earning potential. Prior to age 65, you have a 1 in 3 chance that you'll be disabled for at least 90 days. It's incredibly important to get the proper disability insurance for your income. Darren and Christina go through the different products available on the market, group plans vs. personal plans, plans available depending on employer, and the steps you need to take to make sure you have the best disability insurance available to you given your personal situation. Show notes: 00:00 - Introduction 1:15 - Importance of Disability Insurance 3:25 - Breakdown of Group Disability Plan 10:00 - Breakdown of Personal Disability Plan 12:00 - Group Vs. Personal 17:07 - Breakdown of Insurance Riders 22:05 - How are these plans taxed? 23:00 - How much do these plans cost? 26:50 - What you should be doing with your disability insurance TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this week's episode, Darren is joined by Mandy Branham, the joint venture Queen. The two chat about how Mandy got her start in real estate investing and specifically joint ventures, how a joint venture works and what a typical deal looks like, what makes a great team, the different variables that go into deciding what areas to invest in, and finish off with Mandy's advice for people looking to potentially get into real estate investing. Tune in now! Show notes: 00:00 - Introduction to Mandy Branham 2:35 - When did Mandy buy her first property and how did she get started 7:00 - Definition of a joint venture and how they work 18:20 - What goes into making a great team 25:05 - What does a typical joint venture deal look like? 36:35 - How Mandy determines which area/market she's going to invest in 39:25 - How did Covid and increase in prices affect your business 49:04 - Advice for potential real estate investors TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

Two episodes in one week! Darren and Christina chat about the best places to save your money and also chat about where most people are currently saving their money and why they're at a disadvantage if they're not taking advantage of an infinite banking policy. Darren also breaks down an unstructured loan and why they're one of his favourite components of a policy. Show notes: 00:00 - Introduction 1:08 - Where are most Canadians saving their money? 4:55 - Ideal places to save money 6:40 - Characteristics of the best places to save your money TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

Darren and Christina are back for the September update! This month's update covers whether we'll see another interest rate hike, will inflation continue to rise, big news with Manulife, and a look towards this month's episodes which you won't want to miss! Show notes: 00:24 - Will we see another interest rate hike? 1:20 - Which way is inflation headed? 2:34 - Big news out of Manulife 4:35 - Update within Control and Compound 7:26 - Control and Compound is hiring! 9:50 - A look back at previous episodes 11:09 - A preview of this month's episodes TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

In the US economy this year, they had two quarters of negative growth meaning a recession is most likely coming to Canada. When the US sneezes, Canada catches a cold and it's times like these where you can prepare yourself to take advantage of a down economy. Warren Buffet is quoted as saying, "everytime we've had a recession, we've had a recovery", and this time will surely be no different. You can either worry about what might happen or act now to find yourself in a better position than you were before the recession. Using the infinite banking concept will give you access to cash and allow you to make moves during the down economy. Tune in now to find out how! Show notes: Preparing for the incoming recession The parallels between the 2008 financial crisis and our current economy The best place to have your money to take advantage of this opportunity Hard assets and hard people Looking at market trends throughout history TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this week's episode, Darren and Christina chat about how much money can people put into their infinite banking policies including is there limits to how much you can put in, how you get approved through the underwriting process, and how the policies work depending on how much money you put into them. Tune in now! Show notes: Defining the underwriting process and how it works What do the policies look like depending on your income and how much you plan on putting into the policy How does the death benefit play into the policy Having multiple policies and how that works Setting up policies for your children TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina tackle the topic that's been on pretty much everyone's mind the past few months: INFLATION! The two discuss exactly what factors cause inflation and what that looks like here in Canada currently. They also look at the current state of the economy in Canada and how there are still ways to take advantage of this situation using the infinite banking concept. Tune in now! Show notes: Defining Inflation Why is this happening in Canada as well as all over the world How can we combat inflation Using infinite banking during these uncertain times to capitalize on the market TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren sits down with Simeon Papailias, co-founder of the REC Canada team which is a full service real estate sales and consulting brokerage. The two chat about how Simeon made his way into the world of real estate investment from a background of running restaurants with his family, some of the projects he's been working on lately, as well as the lessons he has learned from experience in the real estate investment world. Show notes: Simeon's background from restaurant running to real estate investment mogul REC Canada and what they do Pre-construction 101 How to buy a property as an investor Why Simeon believes education is so important when it comes to real estate investing How REC Canada reaches its target audience TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's August Update, Darren and Christina chat about the recent news about development charges in Toronto, the rule changes to HELOCs, take a look at the current trends in the stock market, real estate market, and Bitcoin, and also preview upcoming episodes. Show notes: Toronto developer chargers increasing by 46% New rules changes to HELOCs The markets are down Preview of upcoming episodes TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina sit down with the wonderful Holly Jespersen. Holly is known for her creation Holly's Homes which is a business that rents out Airbnb's to families who have sick children and need a place to stay that is close to their local hospital. Holly uses Airbnb rental arbitrage for Holly's Homes meaning her business doesn't own the properties, they rent them and then in turn rent them out as short term rentals and manage the properties accordingly. Holly started the business about 3 years ago and it has already made a huge impact on families in Canada taking away the stress that comes with long hours traveling back and forth. This is an incredible story and you don't wanna miss out! #airbnb #hollyshomes #realestate Show notes: How Holly got started in real estate investing What led Holly to creating Holly's Homes How Holly uses Airbnb rental arbitrage to run her business How other real estate investors can get involved The impact of Holly's Homes on families with sick kids TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina discuss how real estate investors can use infinite banking concept to their advantage. They chat about how many jobs your dollar will be doing for you, how to access your money using IBC to capitalize on a real estate opportunity, eliminating some of your term insurance using this concept, and how when using this concept, loans do not affect borrowing capacity. Tune in to learn all about it! Show notes: The 16 jobs your dollar should do as a real estate investor using IBC How to access money using IBC to take advantage of opportunities Acquiring a loan with no borrowing capacity #realestate #infinitebanking #insurance TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

On today's episode of C&C, Darren sits down with Real Estate Investment Coach, Paul D'Abruzzo. Paul is part of the Rock Star Real Estate team and has a fantastic story that he shares on the episode. From starting as a firefighter, to dipping his toes into real estate, and then finally becoming a full time investor and coach, Paul has a lot of wisdom about how to get started in this industry, what opportunities are out there to take advantage of, and finally some of the do's and don'ts of real estate investing. Show notes: - Paul's backstory - The types of opportunities Paul and his team take advantage of - Tips for people who are just getting started in the industry - How Paul and his team help you through the process of purchasing properties TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's monthly update episode, Darren and Christina discuss the exciting news about Manulife's new dividend rate and also chat about previous and upcoming podcast episodes with some exciting guests coming up in the near future! Finally, Control and Compound is joining HubSpot so we can deliver the best content possible to our listeners. Show Notes: - Manulife announces new dividend rate - Discussing topics covered on past episodes - Preview of new episodes coming up - Control and Compound joins HubSpot #dividends #inflation #interestrates TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On this week's episode, Darren and Christina go back to the basics and break down what exactly is infinite banking concept (IBC) and how you can use it to your advantage and enjoy uninterrupted compounding of your wealth. The two discuss the strategies they use as well as the wealth destroyers that infinite banking helps you avoid! Show notes: - What is IBC? - How can I use IBC to control and compound my wealth? - Interrupted vs. uninterrupted compounding - What are the wealth destroyers and how to avoid them - Purchasing the participating whole life policy - How to use this policy properly TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren is joined by Nick Karadza, one half of Rock Star Real Estate with his brother, Tom. Darren and Nick have a great conversation that covers everything from how Nick and his brother started Rock Star, where they came up with the name, what type of investing Nick does, and why it's so important to have a great team around you. Tune in now! Topics covered: - Origin of Rock Star name - Investing in real estate to create opportunities in your life - Long Term Investing and how it differs from short term - Why the right time to invest is now - How to nurture your team and help them grow into experts in their field - Bitcoin and investing in crypto TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

Starting this month, Control and Compound will be doing an update episode with Darren and Christina chatting about what's been going on in the Control and Compound world for the last month. On today's June update, the two talk about: - Insurance companies have announced new dividend rates, what does this mean for the infinite banking concept? - Current outlook of the stock market, there are a lot of unknowns and we could be in store for some volatility - Darren and Christina's thoughts on the real estate market - Bitcoin as well as all other crypto is down but that doesn't necessarily mean it's not a good place to park your money TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren is joined by David Fraser, Founder of Bunkie Life, who are known for their famous log cabin bunkie (bunkhouse) kits that can be easily built in a weekend without a permit or a second mortgage. Darren and David chat about how David started the company, some of the challenges he has faced along the way, how David uses the infinite banking concept to assist his business and take advantage of other opportunities, as well as some of the charitable acts that David and his business are involved in. This is a fantastic episode, tune in now! Show notes: How David started Bunkie Life and what type of products does Bunkie Life offer The types of way David uses the infinite banking concept for his business and family Advice from David to other entrepreneurs on how to get started and create a successful business What it takes to run a successful business David's experience on presenting Bunkie Life on Dragons Den Bunkie Life's partnership with Ronald McDonald House #bunkielife #entrepreneurship #infinitebanking TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound FIND BUNKIE LIFE ON: WEBSITE: https://bunkielife.com/

On this episode, host Darren and Christina chat about the differences between mortgage insurance and term insurance and why they suggest taking the term insurance, even if your bank makes it seem like it's not an option. Topics covered in this episode include: Who benefits in the event of a death: mortgage insurance vs. term insurance What happens if you switch mortgage insurance providers? What can you purchase with term insurance vs. mortgage insurance? Cost of Term Insurance vs. Mortgage Insurance Term 10 vs. Term 20 Renewable vs. Convertible: When is the appropriate time for both TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

On today's episode, Darren and Christina discuss setting up policies for your children and why it's so important to set these policies up as soon as possible. Teaching your kids about infinite banking and getting them excited about the concept can set them on a path for success where they will get to experience financial freedom when they are of age. Topics covered in this episode include: The right age to set up the policies What happens if your child has a condition or is uninsurable Can you set up policies for your grandchildren Difference between policies for adults and policies for children What can your children use these policies for Why it's so important to set up these policies as soon as possible TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

In the first episode of Control and Compound, host Darren and guest host Christina discuss the beginnings of Control and Compound Financial and do a deep dive into how the wealthy manage their money. 99.9% of people do not know these methods and because of that, the majority of the middle class is missing out! Topics covered in this episode include: Infinite banking Cash value life insurance policies The main 3 strategies the wealthy use: Invest in yourself Invest in businesses Invest in real estate Wealth destroyers: Taxes Fees Volatility in the market How to take advantage of opportunities in the market without interrupting compounding interest on your money TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

Welcome to Control and Compound with Darren Mitchell, a podcast about infinite banking, real estate investing, and what business owners and individuals should be doing with their money. For helpful tips and tricks, visit our Instagram, Facebook, and TikTok at @controlandcompound. Episodes release every Monday.