January 28, 2022

Conversation with Sarry Ibrahim

38 minutes

Sarry Ibrahim founded Financial Asset Protection after learning about the Infinite Banking Concept (also known as the Bank On Yourself Concept). He saw this as an opportunity to save retirement accounts, real estate properties, and businesses from market failures and other risks. Sarry believes the number 1 rule to your money is to make sure it lives somewhere safe and accessible. He earned his MBA from Keller Graduate School of Management in Chicago, IL, and has consulted companies like Blue Cross Blue Shield, Allstate Insurance, Humana, and Cigna Healthspring. He lives in Chicago with his wife Dina who is an oncology nurse.

In today’s episode, Sarry joins Susanne to discuss the Bank on Yourself Concept, earning passive income, and ways to be productive. He kicks off by narrating his background and how he got into finances. He then talks in detail about the Bank on Yourself Concept and how it will revolutionize your financial planning. He touches on the top four considerations for the perfect financial vehicle, the value of a financial tracker, and why you need to confront the things that make you uncomfortable. Sarry believes that you do not need to be ultra-wealthy to implement the things he suggests and you can start practicing them as soon as possible.

Other topics include:

The Bank on Yourself Revolution book and strategy by Pamela Yellen
How you can think like a bank
Limiting beliefs about money and how you can counter them
Top four considerations for a financial vehicle: the rate of return, liquidity, risk involved, and taxes due.
Cash value whole life insurance as a great financial vehicle
Detail on the types of insurance
Confronting the things that make you uncomfortable
How to create passive income, stop trading time for money, and different ways of earning passive income
Real estate as a source of passive income
Three steps to create passive income
Ways to keep productive