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cover of episode Episode 124: Infinite Banking: The Importance of Repaying Policy Loans

Episode 124: Infinite Banking: The Importance of Repaying Policy Loans

2024/6/24
logo of podcast Wealth Warehouse

Wealth Warehouse

Shownotes Transcript

Becoming Your Own Banker by Nelson Nash: 

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/)

In this week’s episode, Dave and Paul hit on a topic that is familiar, but still quite important to the process of Infinite Banking – loan repayment.

All too often, people forget the function of loans in IBC, as well as their importance to the company that you are a *part owner *of.

The guys also let you in on why you shouldn’t concern yourself with loan rates and what you need to do to get the right mentality and start thinking like a business owner.

Episode Highlights:

0:00 - Introduction

0:27 - Episode beginning

0:59 - Some context on the episode

3:20 - Eric Maddox

7:32 - This isn’t the “end all be all”

11:18 - Loans and repayments of loans

15:39 - Looking at the rates

19:08 - The importance of repayment

22:47 - Start thinking like a business owner

25:12 - 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:

 

[email protected]