In this final episode of the collaboration between Wade and Tarisa, they talk about the objections and misconceptions that come with the Infinite Banking Concept. They talk more about the difference between traditional banks and using your whole life policy to be your own banker. If you have reservations about IBC, this episode is for you. Tune in to get more clarity around becoming your own banker and the financial freedom you've dreamt of!
Episode Highlights
02:56 The safety of traditional banks vs life insurance companies
06:21 Thinking long range and avoiding short-sighted, risk-prone decisions that banks and companies make
09:50 Using the two vehicle sample in dealing with your policy
11:58 Difference between mutual insurance companies
15:03 Differentiating stock companies and mutual companies
17:38 The buy and sell concept
20:04 Contractual guarantee insurance policies can provide against borrowing capital
26:01 The power of having ready cash or liquid assets which not only solves problems but also maintains control over personal finance
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Episode Resources