In this episode, we discuss one of the most commonly asked infinite banking questions. When should I use my policy to pay for something, and when should I use cash?

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e130

Topics Discussed:

• Should I borrow from my whole life insurance policy or use cash?
• Can I borrow from my whole life insurance policy?
• What it means to become your own banking and why it matters
• Understanding the two basic ways you pay for something
• The fundamental problem Infinite Banking attempts to solve
• The real costs of paying cash
• Is cash really king?
• How money in motion makes more money
• Why compound interest is like magic
• Example expenses you never thought you could use policy to pay for, but can

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

One of the most common questions we receive from our clients is what happens if I can't pay my premium? In this episode, we review and explain the different ways a policy can pay for itself and what options make the most sense depending on your circumstances.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e129

Topics Discussed:

• How long do you normally want to be putting money into premium?
• What is the least timeframe to see dividends and benefit from compounding interest?
• How to understand when something is not a true liability or money loss from payment
• Why your money should always be in motion rather than stagnant
• When to use an automatic premium loan
• Can an IBC Policy pay for itself?
• How long do we typically pay a premium?
• How should we consider premiums?
• What are the options if I do need the policy to pay for itself?

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/