Dollars and Nonsense

E35: Ray Poteet Shares The Surprising Infinite Banking History


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In this episode, Ray Poteet is back to share the Infinite Banking History with us. Ray's also going to be telling us exactly what he has done over the past 17-years with Infinite Banking. And he'll open up about the wealth that's been created by following the principles taught through these concepts.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e35/

Infinite Banking History Topics Discussed:
  • Where did IBC (Infinite Banking Concept) come from
  • When Ray first got introduced to IBC
  • The time Ray became very upset with the insurance industry
  • The time Ray met author R. Nelson Nash
  • When the light really went off for Ray
  • The seemingly impossible ways he's leveraged IBC
  • Using IBC to keep money in motion
Episode Takeaways:

"As I read the book I became very, very upset. Not upset with the book, but upset with my industry. Why had it had not shared Infinite Banking with me?"

" We went through twenty-six cars in twenty-five years... if I had the ability to use my policies on all of those cars, I would have $323,000 that I didn't have now."

"all of a sudden I thought, "Well this would work for a vacation. This would work for an addition to the house, this would work for new furniture. If I had known this.""

"one thing I've noticed at my age is a lot of people are concerned about running out of money. I can tell you I do not have that fear today."

"Not that it's unhealthy to be a penny pincher but it really turns off the stimulation and kills your dreaming if you're worried about money all the time. You're not as productive or as creative."

"your money's not locked up and you're thinking differently."

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e35/

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