Shownotes Transcript
In this week’s episode, Dave and Paul take a look at an “oldie but a goodie” – Dave’s very own “Infinite Banking Concept Explained” episode!
Not only can you find the original video below, you can also hear Dave and Paul’s exclusive commentary on all the big highlights.
From the creation of your own bank to the opportunities you open yourself up to down the line, the fellas will flesh out all the big benefits and value that you get from starting your very own banking system.
Infinite Banking Concept Explained:
https://www.youtube.com/watch?v=4fSMlg4i7pk&t=203s)
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/)
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
1:08 - Paul’s trip to Italy
4:02 - Some context for this episode
6:49 - How to control your wealth
8:57 - Life insurance is not an investment
11:19 - The benefits of having opportunities
14:49 - The mortgage analogy for IBC
18:41 - How do we create our own bank?
21:10 - What does “mutually owned” mean?
24:25 - Repayment
27:48 - With IBC it doesn’t matter..
29:17 - 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: