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Infinite Banking Explained: Policy Loans, Repayments & Common Mistakes (IBC FAQs)
Confused about the Infinite Banking Concept (IBC)? You’re not alone. In this episode, Richard Canfield, Chey O’Brien, and Garrett tackle the most common IBC questions:
- Should you run ALL income through your policy?
- What’s the REAL benefit of repaying policy loans?
- How to avoid common mistakes when applying Nelson Nash’s principles.
You’ll discover practical insights from Becoming Your Own Banker, why habits matter more than numbers, and how to use whole life insurance to build generational wealth.
Free Resource: Get Keep Taxes Away From Your Wealth at www.keeptaxesaway.com
Chapters:
00:00 – Intro & FAQs on Infinite Banking
01:00 – Why people question loan repayments
02:30 – Nelson Nash’s principle: premiums vs. loans
05:30 – Habits, repetition & financial practice
08:10 – Should you run all expenses through your policy?
12:00 – Insurance company perspective & the money pool
15:00 – Why mutual ownership gives you control
20:00 – Banking vs. HELOCs & credit lines
25:00 – The twin sisters example (IBC vs. CD/GIC)
29:00 – Final thoughts & takeaways
#jaysonlowe #richardcanfield #wealthonmainstreet #podcast #wealthbuilding
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