Do you feel like banks take advantage of you as a depositor or borrower? Learn how the banking system profits from you while providing little value to you and what you can do about it.
In this episode, Nate explains precisely how the Infinite Banking Concept is designed to help you escape the bank by replacing it and putting you in control.
Discover how IBC solves the problem of banks monopolizing money and profiting unfairly off account holders. You’ll be surprised to learn how insurance products can act as a banking substitute. Going beyond just saving and investing, Infinite Banking allows you to generate high returns and maintain liquidity.
Whether you’re an entrepreneur, investor, or anyone discontent with traditional wealth-building methods, Infinite Banking may provide the solution you’re looking for.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/escapethebank
~ Get resources and transcripts from this episode by visiting:
Topics Dicsussed:
Freedom from banks: Learn how to break free from the banking system profiting unfairly at your expense.
Solving banking woes: Discover a powerful concept for becoming your own banker and solving this critical problem.
Competitive returns: Generate significantly higher interest and returns on your money.
Tax-free growth: Watch your capital expand rapidly in a tax-free environment.
Empowering Entrepreneurs: Accelerate your business dreams with easy access to capital through this strategy.
Investor toolset: Secure the liquidity investors need to fund deals and seize opportunities.
Wealth accelerant: Speed your wealth-building potential with this unconventional approach.
Liquidity retained: Maintain access to your money while it grows, unlike other options.
Reclaim lost profits: Stop letting banks take money that should be yours.
E210: Is it Crazy to Stop Putting Money into the Infinite Banking PUA Rider?
Managing cash flow can be challenging when maximizing your Infinite Banking policies. When is it best to reduce PUA payments to start a new policy? Can you fund PUAs indefinitely?
The answer is that determining how much to fund into Paid-Up Additions Riders (PUAs) each year takes strategy.
In this episode, Nate and Holly share an easy-to-understand framework for funding PUAs in the short and long term.
Learn why PUAs act like a “rocket booster,” rapidly building cash value in the early policy years. In addition, the hosts help you learn how to make nuanced, smart decisions personalized to your situation.
* Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.
* Get the free resources mentioned in this episode here:
* Checkout The 4 Stages of the Infinite Banking Concept (IBC) Commitment mentioned in this episode:
https://youtu.be/BXX3QRLBFfI?si=sQDTicsbHsftbL1H
Timing is Everything: Learn when paid-up additions riders become unnecessary for policy performance.
New Policy Potential: Discover how reducing scheduled PUAs can launch additional policies.
Psychology of Premiums: Understand the mental blocks limiting premium funding capacity.
Rocket Boosters: See how PUAs rapidly build early cash value like a "rocket booster."
Flexible System Funding: Determine if your age and goals support adjustable PUA contributions.
Peace of Mind: Find out how strategic PUA use encourages premium commitment.
Strategic Scheduling: Realize the value of starting policies with realistic premium schedules.
Understanding Policy Longevity: Consider how policy design impacts future PUA funding flexibility.
Unconventional Approach: Learn how self-banking and Infinite Banking offers an alternative path.
Escape the Bank and Take Control: Discover how you can be the bank and grow wealth on your terms.
In this episode, Nate shares when and how to deduct interest paid on life insurance policy loans. Many assume it's not possible, but under certain circumstances, the interest can become a business expense.
Learn the critical details that make policy loan interest tax deductible when used for specific purposes. This unique strategy allows you to earn tax-deferred growth in your policy while writing off interest costs.
Get clarity on ideal scenarios to maximize deductions, like using separate policies for personal and business needs. Plus, you’ll hear tips to simplify accounting and create a clean paper trail. Whether commingling funds or segregating accounts, you’ll learn straightforward methods to track deductible interest.
Let this benefit-driven episode open your eyes to little-known ways to leverage policy loans.
Unlock Tax Savings: How policy loan interest can be deductible
Revealed: Unique tax strategies exclusive to life insurance
Myths Exposed: Common myths about deducting policy loan interest
Uncover When: Scenarios where interest write-offs apply
Demystify How: General provisions that enable deductions
Clarify Accounting: Simple accounting tips to maximize deductions
Illuminate Policy Types: The power of segregating policy types
Elucidate Records: Maintaining clean paper trails for transparency
Shed light: Managing commingled policy uses
Make it Simple: Treating loans as interest-only for simplicity
Managing Tax Burdens: The advantages of tax-deferred growth
Use Loans for Advantage: Surprising ways to leverage policy loans
Many people struggle to gain clarity and control over their finances. Sadly, confusion about complex topics like investing and debt payoff often leads to poor decisions.
In this episode, host Nate sits down with Caleb Guilliams of BetterWealth, an expert in maximizing financial control. Caleb shares his journey to understanding the Infinite Banking Concept.
The discussion centers around a key framework - focusing less on projected investment returns and more on maintaining control. Listeners will gain several actionable insights, including how to evaluate when to access policy funds versus other lending options.
This is a must-watch episode for anyone wanting to optimize control over their capital.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/escapethebank
~ Get resources and transcripts from this episode by visiting:
~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.
Perspective Shift: How proper insurance unlocks financial control
Clarity Instigator: Why understanding comes before beneficial change
Why Psychology Trumps Math: Emotions, not numbers, drive most money mistakes
Relationship Revelations: Insights from an unlikely small-town bank job
The Mindset Multiplier: Books and mentors that accelerated success
The Holistic View: Why insurance is an "and asset" not an investment
Control and Growth: How to get both with the right foundations
Gaining Peace of Mind: Why debt leverage increases security and opportunity
Cashflow Creator: Rethinking "retirement" as future income planning
Balance Boosting: Using personal balance sheets to understand debt payoff
Barbell Boosting: Ideas for creating high-reward, low-risk ventures
Actionable Insights: When to use policy funds vs. other lending options