What is Traditional vs Typical Financial Planning? What is Infinite Banking and Is It For Me? Find the answers to these and many other questions in this in-depth interview by Dave "Laundromat Millionaire" Menz and his wife, Carla with the powerful minds behind The Money Advantage - Rachel Marshall & Bruce Wehner.Referenced Links:H-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: [email protected]’s Website: https://themoneyadvantage.com/Guest’s Podcast: https://themoneyadvantage.com/subscribe-to-podcast/Guest’s Free Guide: https://privatizedbankingsecrets.com/freeguideOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiNelson Nash Institute: https://infinitebanking.org/e3 Wealth: https://e3wealth.com/Ted Benna on The Money Advantage Podcast: https://themoneyadvantage.com/ted-benna-father-401k/Rabbi Daniel Lapin on The Money Advantage Podcast: https://themoneyadvantage.com/inheritance-and-family-giving-rabbi-lapin/Moody’s Corporate Bond Index: www.moodys.comDr. Wade Pfau on The Money Advantage Podcast: https://themoneyadvantage.com/dr-wade-pfau-maximizing-retirement-income-with-whole-life-insurance/The Night I Almost Died on The Money Advantage Podcast: https://themoneyadvantage.com/the-night-i-almost-died-and-why-my-family-wouldnt-need-a-gofundme/?fbclid=IwAR19CPT1RrDRck_nfa_WNIc6QDigSMY6a5ZafTJFk3M6zfug4gf8vyo5fJ0Andrew Howell, Estate Planning Attorney: https://www.yorkhowell.com/our-people/andrew-howell/Andrew Howell on The Money Advantage Podcast: https://themoneyadvantage.com/estate-plans-that-transcend-generations-with-andrew-howell/Recommended Reading:~ Becoming Your Own Banker by Nelson Nash~ 7 Generations by Rachel MarshallTimestamps00:00 Laundromat Millionaire Intro – Quotes05:04 How they started & their mission14:32 Why not 401k? Typical vs Traditional Financial Planning23:35 How a Fiduciary works27:16 Infinite Banking defined & the 5 Common Myths30:18 Myth #1: It’s a Poor Investment31:55 Myth #2: Whole Life Policies are too Expensive36:32 The Interest Rates & Why Irrelevant38:03 Whole vs Term Life Insurance40:19 Is Infinite Banking Only Good for Business Owners?47:11 Rachel’s Near Death Experience49:36 Creating a Legacy of Learning and Wealth – Rachels Upcoming Book01:03:59 Myths #3-501:09:45 Bonus Myth #6: It’s a Get Rich Quick Scheme01:12:14 Restrictions on Withdrawing from Your Policy01:15:39 Guest Contact Information & Free ResourcesLearn more about your ad choices. Visit megaphone.fm/adchoices