Episode 40: Policy Loan Interest Rates, Wokenomics, and How We Turned Our side-hustles into full-time hustles
Wealth Warehouse · The IBC Guys via Podcast Principles
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Show Notes
With the Fed raising interest rates for a sixth time, some people are beginning to feel some turbulence as the cost of borrowing continues to climb.
Which leads us to today’s question and central topic: what does another interest rate hike mean for your policy? Can you do anything to minimize the impact? Should you even care about it in the first place?
The guys break down all the info you need to know when it comes to interest rates and your policy, as well as some backstory into how they actually got started in IBC.
Episode Outline:
(0:00) - Introduction
(0:31) - Catching up
(5:58) - Question about interest rates, “When will policy rates increase?”
(10:13) - “Don’t worry about the interest rates”
(14:05) - There is no such thing as free money
(20:30) - How Paul and Dave built their business
(22:52) - IBC as a side hustle vs. a primary hustle, what it takes
(25:48) - Mentors are key to your IBC journey, how education plays such a huge part
(27:37) - IBC isn’t for everyone and it isn’t easy, it needs to really fit with you and make sense
(31:36) - The average person should be taking advantage of IBC
(33:23) - 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.
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: