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Dollars and Nonsense

Dollars and Nonsense focuses on helping individuals and families find financial freedom by leveraging the Infinite Banking Concept. The podcast delivers real-world tips, tricks, and techniques for anyone wanting to take their wealth to the next level. We do all this through the hosts sharing their vast knowledge and sitting down with experts. Plus, the show is for the average person—you don’t have to be a financial expert or an economics professor to get a metric ton out of every episode. We extract priceless resources and action steps for you and deliver them in a 30-minute bi-monthly show. Learn more about the show by visiting https://livingwealth.com/podcast/ Infinite banking is a financial strategy, sometimes called IBC, or the infinite banking concept, that allows you to control your savings and debt needs, helping you become your own banker, in essence. It was formalized by finance expert R. Nelson Nash in the early 1980s. But its roots go back much further.
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Nov 21, 2023

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:

https://livingwealth.com/e210

* Checkout The 4 Stages of the Infinite Banking Concept (IBC) Commitment mentioned in this episode:

https://youtu.be/BXX3QRLBFfI?si=sQDTicsbHsftbL1H

Topics Discussed:

  • 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.

 

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