E109: How to Make IBC Policy Loans Really Build Wealth
Dollars and Nonsense · Living Wealth
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Show Notes
How to use policy loans is one of the most common questions we receive. This includes why someone would even want to take a policy loan and pay interest. At first blush, it may seem counter-intuitive when trying to build wealth. So, in today's episode, we discuss how policy loans work.
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Topics Discussed:
- What are policy loans and why would you use them
- What it means to become your own banker
- Who gets the interest that you pay
- When does it make sense to borrow against your policy
- What's the best way to repay a policy loan
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/