Shownotes Transcript
One of the goals in IBC is the continued expansion of your banking system. However, knowing when to do that – and balancing that with life events, can be a difficult task.
In this week’s episode, Dave and Paul discuss the scenarios you may encounter that could lead to you expanding your own banking system and adding more policies. Windfall? New child? A spouse that doesn’t have a policy? The boys cover it all – and Dave even shares some of his personal and client experience in terms of when it’s time to add a new policy.
Link to Napolean Hill’s “Think and Grow Rich”)
**Becoming Your Own Banker by Nelson Nash: **https://infinitebanking.org/product/becoming-your-own-banker/ref/46/)
**Outwitting the Devil by Napoleon Hill: **https://www.amazon.com/Outwitting-Devil-Official-Publication-Foundation/dp/1640951830/ref=asc_df_1640951830?tag=bngsmtphsnus-20&linkCode=df0&hvadid=80264466333881&hvnetw=s&hvqmt=e&hvbmt=be&hvdev=c&hvlocint=&hvlocphy=&hvtargid=pla-4583863992832325&psc=1)
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
0:32 - Catching up
5:16 - A little story: How do you know when it’s time to add another policy?
8:51 - Making the case to get a policy early
13:11 - Being too into the details
14:55 - A recap
20:31 - What’s on the horizon
21:41 - Expanding your system to accommodate all income
22:58 - Dealing with a common misconception
26:25 - To sum it all 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: