We discuss the basics of how to build and fund a banking policy from the start. Plus, we'll share real-world examples of how other people have funded their policies to help you understand what it could look like for you.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e66

How to Fund a Banking Policy Topics Covered:

• Starting with the simple questions to ask yourself
• Transitioning the money you're already setting aside
• Answering the common question of, "Do I need a lot of money to start?"
• Using Tax Refunds
• Using a home equity line of credit (HELOC) when you're home has a high level of equity
• 401(K) based loans
• Using lump sums and spreading things out
• Limitations and Modified Endowment Contracts in a nutshell
• The phases of building an IBC system

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/

Special guest Ray Poteet joins us to discuss how you can use infinite banking to take the stress away from paying your income taxes each year. Plus, he'll share how you can actually make a profit doing so.

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e65

~ Recieve your free copy of The Tree of Wealth here:

https://livingwealth.com/freedom

Taxes are such a significant and stressful burden for most people. The good news is there is a way to not only reduce the stress of paying income taxes, but there's also even a way to profit from them. For the last two years, Ray has shared with clients a system to recapture money spent on income taxes. Today, he'll share it with listeners.

Make Money from Paying Income Taxes:

• The story of when the method first occurred to Ray
• The simple system for paying income, property taxes, and charitable giving through policies
• The two rules: paying yourself first and paying yourself interest
• Why using separate policies is important to the process
• How the math works

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/