Episode 170: Infinite Banking: The Process vs The Product Part I
Wealth Warehouse · The IBC Guys via Podcast Principles
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Show Notes
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Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
When people first hear about Infinite Banking, their minds often jump straight to the product—a specially designed whole life insurance policy. But that’s just one part of the picture.
In this episode, Dave and Paul break down the critical difference between product and process in IBC and more specifically: examine the process of Infinite Banking—thinking like a banker, utilizing your policy to capitalize yourself, how loans are administered, the safety IBC provides and everyone’s favorite topic.. Growing your money!
Episode Highlights:
0:00 - Introduction
1:01 - Episode beginning
3:30 - The process vs. the product
7:10 - Infinite banking is a capitalization strategy
13:06 - The borrowing aspect
17:05 - Borrowing from your policy
23:07 - There is no structure to loan repayment
25:57 - Growth on your money
30:05 - Safety
34:23 - Episode wrap-up
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Visit our website:
https://www.thewealthwarehousepodcast.com/
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email: