Myths, Mysteries & Misconceptions #15: Whole Life Insurance Is The Pay-Day Lender Of The Middle Class
“Whole life insurance is is the pay-day lender of the middle class”…or so some say.
Is that so?
Compared to what?
How do you know that?
In this episode we clear up this misconception.
I have covered this concept as a specific quote from Dave Ramsey in our Quotes Series (#40 https://youtu.be/CX2-dZcPMVk?si=h6i8Jkp-5tq_rvEa ) but, wish to address it again as a misconception concerning Whole Life Insurance and Infinite Banking as well. Let me know how you think that former video has aged!
There’s more to this misleading statement than at “face value” (pun intended;)
Let’s clear this myth up!
YOU can become your own banker.
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