In this week's episode, we discuss who to insure first (yourself, spouse, or your child) when getting started with IBC. This topic came about because as IBC practitioners, we've found that people often think it's best to go with the youngest person in the household but this isn't always the case. We discuss the rules of thumb on who to insure first and why. We'll also touch 529 college savings accounts because this account has been given a more elevated status than it actually deserves. Take a listen and then let us know if you have questions. You can find us at:<a href="www.TheFifthEdition.com" rel="noopener noreferrer" target="_blank">www.TheFifthEdition.com</a>

In this week's episode, we discuss who to insure first (yourself, spouse, or your child) when getting started with IBC. This topic came about because as IBC practitioners, we've found that people often think it's best to go with the youngest person in the household but this isn't always the case. We discuss the rules of thumb on who to insure first and why. We'll also touch 529 college savings accounts because this account has been given a more elevated status than it actually deserves. Take a listen and then let us know if you have questions. You can find us at: www.TheFifthEdition.com

In this week's episode, we discuss who to insure first (yourself, spouse, or your child) when getting started with IBC. This topic came about because as IBC practitioners, we've found that people often think it's best to go with the youngest person in the household but this isn't always the case. We discuss the rules of thumb on who to insure first and why. We'll also touch 529 college savings accounts because this account has been given a more elevated status than it actually deserves. Take a listen and then let us know if you have questions. You can find us at:<a href="www.TheFifthEdition.com" rel="noopener noreferrer">www.TheFifthEdition.com</a>

21: Who Should You Insure First?

The Infinite Banking Concept® (IBC) is privatized banking, using the cash value of a whole life insurance policy as the platform.

Your hosts, John Montoya and John Perrings, are authorized IBC practitioners with the Nelson Nash Institute, dedicated to educating consumers about Infinite Banking.

Listening to this podcast, you'll learn about life insurance, cash value, dividends, policy loans, policy design, and more. Most importantly, you'll learn how IBC puts you back in control of your money so you can keep it, grow it, and pass it on without taking any of the unnecessary risks that you otherwise get when you listen and follow the mainstream advice about personal finance.

The Strategic Whole Life podcast is our way to carry on Nelson's mission by explaining The Infinite Banking Concept® in simple terms so that you can make it real in your life!

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The Infinite Banking Concept® (IBC) is privatized banking, using the cash value of a whole life insurance policy as the platform. Your hosts, John Montoya and John Perrings, are authorized IBC practitioners with the Nelson Nash Institute, dedicated to educating consumers about Infinite Banking. Listening to this podcast, you'll learn about life insurance, cash value, dividends, policy loans, policy design, and more. Most importantly, you'll learn how IBC puts you back in control of your money so you can keep it, grow it, and pass it on without taking any of the unnecessary risks that you otherwise get when you listen and follow the mainstream advice about personal finance. The Strategic Whole Life podcast is our way to carry on Nelson's mission by explaining The Infinite Banking Concept® in simple terms so that you can make it real in your life!

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21: Who Should You Insure First?

21: Who Should You Insure First?

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