On today’s episode, Darren and Christina debunk the infamous Dave Ramsey video on YouTube where he tells a caller on his show why infinite banking is a scam and why this caller should stay away from this type of policy.

Point by point, Darren and Christina dissect where Dave goes wrong in his video and although he is coming from a perspective of being in the United States, as opposed to Canada, much of what he’s staying/misleading still applies in Canada. Tune in now and find out why Dave is wrong!

Show notes:

00:00 - Introduction

2:16 - A caller on Dave Ramsey’s show asks Dave about Infinite Banking

4:52 - Dave tries to tell the caller that he’s being overcharged by the policy

12:05 - Dave thinks infinite banking is “old school whole life” done poorly and thinks they pay out nothing at death

20:20 - Dave thinks the dividend payment is the “refund of a deliberate overcharge”

23:53 - Dave thinks that since these policies cost more than others, it’s a ripoff/scam

27:11 - Dave says the only reason these policies exist is for the commission the agent makes selling it

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

On today’s episode, Darren and Christina show you how you can double your retirement income and at the same time reduce your retirement risk! Believe it or not, there’s a way you can do this and if you’re wondering why you’ve never heard of this concept before, it’s because the banks don’t want you to know!

Darren and Christina break down what a hypothetical retirement savings plan with look like if it is subject to the volatility of the market and then show you the MASSIVE change in the outcome if you add an uncorrelated asset to the equation.

This is incredible stuff and if you’re interested in learning more, visit our website and speak to a wealth coach now!

Show notes:

00:00 - Introduction

1:32 - Volatility in the market

5:10 - Breaking down retirement projections based on Stock Market/S&P 500

10:45 - Using an uncorrelated asset

14:30 - Benefits of infinite banking used to increase retirement savings

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

On today’s episode, Darren and Christina are coming at you with the October Update and go over a few topics including a quick look at the Stock Market and if Canada is headed to a bear market, another interest rate hike, Bitcoin continues to suffer, housing prices are down across Canada and finally, Control and Compound welcomes Jill to the team!

Show notes:

00:00 - Introduction

0:20 - Stock Market Update (Bear Market)

2:05 - Interest Rates and Inflation

4:45 - Bitcoin Update

5:10 - House Prices

8:05 - Industry News

11:05 - C&C Update - Welcome Jill!

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

On this week’s episode, Darren and Christina talk about how much life insurance one needs and whether or not you have the right coverage. Christina goes through a needs analysis and also covers the things you want to have covered as well.

Christina also breaks down what Human Life Value means and how it relates to exactly how you’ll be covered when you purchase the proper life insurance and Darren talks about term insurance and making sure you have insurance with a company that offers a conversion option

Tune in now to find out if you have the right coverage!

Show notes:

00:00 - Introduction

00:30 - What is a needs analysis?

5:35 - Defining Human Life Value

8:15 - Filling the gap with the proper Term Insurance

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

On this week’s episode, Darren and Christina breakdown disability insurance and why it’s so important to not overlook this type of insurance. Everyone has insurance on their house, their car, their boat etc. but a lot of people don’t insure their most important asset, yourself and your earning potential.

Prior to age 65, you have a 1 in 3 chance that you’ll be disabled for at least 90 days. It’s incredibly important to get the proper disability insurance for your income.

Darren and Christina go through the different products available on the market, group plans vs. personal plans, plans available depending on employer, and the steps you need to take to make sure you have the best disability insurance available to you given your personal situation.

Show notes:

00:00 - Introduction

1:15 - Importance of Disability Insurance

3:25 - Breakdown of Group Disability Plan

10:00 - Breakdown of Personal Disability Plan

12:00 - Group Vs. Personal

17:07 - Breakdown of Insurance Riders

22:05 - How are these plans taxed?

23:00 - How much do these plans cost?

26:50 - What you should be doing with your disability insurance

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

On this week’s episode, Darren is joined by Mandy Branham, the joint venture Queen. The two chat about how Mandy got her start in real estate investing and specifically joint ventures, how a joint venture works and what a typical deal looks like, what makes a great team, the different variables that go into deciding what areas to invest in, and finish off with Mandy’s advice for people looking to potentially get into real estate investing. Tune in now!

Show notes:

00:00 - Introduction to Mandy Branham

2:35 - When did Mandy buy her first property and how did she get started

7:00 - Definition of a joint venture and how they work

18:20 - What goes into making a great team

25:05 - What does a typical joint venture deal look like?

36:35 - How Mandy determines which area/market she’s going to invest in

39:25 - How did Covid and increase in prices affect your business

49:04 - Advice for potential real estate investors

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

Two episodes in one week! Darren and Christina chat about the best places to save your money and also chat about where most people are currently saving their money and why they’re at a disadvantage if they’re not taking advantage of an infinite banking policy. Darren also breaks down an unstructured loan and why they’re one of his favourite components of a policy.

Show notes:

00:00 - Introduction

1:08 - Where are most Canadians saving their money?

4:55 - Ideal places to save money

6:40 - Characteristics of the best places to save your money

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

Darren and Christina are back for the September update! This month’s update covers whether we’ll see another interest rate hike, will inflation continue to rise, big news with Manulife, and a look towards this month’s episodes which you won’t want to miss!

Show notes:

00:24 - Will we see another interest rate hike?

1:20 - Which way is inflation headed?

2:34 - Big news out of Manulife

4:35 - Update within Control and Compound

7:26 - Control and Compound is hiring!

9:50 - A look back at previous episodes

11:09 - A preview of this month’s episodes

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

In the US economy this year, they had two quarters of negative growth meaning a recession is most likely coming to Canada. When the US sneezes, Canada catches a cold and it’s times like these where you can prepare yourself to take advantage of a down economy.

Warren Buffet is quoted as saying, “everytime we’ve had a recession, we’ve had a recovery”, and this time will surely be no different. You can either worry about what might happen or act now to find yourself in a better position than you were before the recession.

Using the infinite banking concept will give you access to cash and allow you to make moves during the down economy. Tune in now to find out how!

Show notes:

• Preparing for the incoming recession
• The parallels between the 2008 financial crisis and our current economy
• The best place to have your money to take advantage of this opportunity
• Hard assets and hard people
• Looking at market trends throughout history

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

On this week’s episode, Darren and Christina chat about how much money can people put into their infinite banking policies including is there limits to how much you can put in, how you get approved through the underwriting process, and how the policies work depending on how much money you put into them. Tune in now!

Show notes:

• Defining the underwriting process and how it works
• What do the policies look like depending on your income and how much you plan on putting into the policy
• How does the death benefit play into the policy
• Having multiple policies and how that works
• Setting up policies for your children

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound