E64: How to Become Your Own Banker with a Mutual Life Insurance Company
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we will discuss the importance of working with a mutual life insurance company, and how to start thinking like an owner instead of a depositor.
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A mutual life company is one of the fundamental pieces of private family financing. You see, whenever you buy a policy from a mutual life insurance company, you become an owner of the company; You're not a customer of the company anymore you're the owner. We discuss this and explain all the moving parts. Listen now to learn more.
Topics Discussed:
- The basics of what a mutual life insurance company is and how to think about it
- How a mutual life company, fits into infinite banking and why it's the best fit
- Being a depositor versus being an owner
- Banks versus insurance companies and how they're the same and different
- One of the most common questions we're asked what why it is such a good one to ask
- What a mutual life company, is and isn't; what they do and what they don't do
- When changing perspectives yields big dividends
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/