It is an easy thing to plug in once you understand how to correctly design it and maximize your IRS.

This episode is part 3 of my conversation with The Founders of Infinity Investment Strategies, Erica Neal, and David White. They are wealth strategists who work with business owners & real estate investors on managing their cash flow and liquid assets through the most efficient strategies.

If you weren’t able to follow this episode, please go back and listen to parts 1 and 2.

Let’s jump right into Their fantastic success journey and learn more about the Infinite Banking Concept plus all of their strategies.

[00:01 - 11:29] Paradigm Shift in the Infinite Banking Concept

• Erica talks about the paradigm shift in The Infinite Banking Concept.
• • Money and math are not the same; it works and functions differently.
• The different tools have different ways to make money.
• • The money we get from the bank is for the short term, and it has to be used within the timeline.
  • Long term money such as real estate can be your income source for the long run.
• Erica talks about the savings dilemma that most people have.
• • If you want safety and liquidity, you would have to sacrifice growth and vice versa.
• Think about assets as ‘the Vault’ (Warren Buffet theory).
• • She talks about treating your money as the vault.
• The velocity of money by Robert Kiyosaki.
• • The day that we do not earn interest is the day that we lost money.
• The only asset that actually performs all of these functions is the dividend-paying guaranteed whole lot interest cash value policy.
• Generational wealth mindset.
• • ‘What Would the Rockefellers Do?’ by Garrett Gunderson
• Your cash value is guaranteed to increase every single year.
• • The only aspect that can not be guaranteed is the future annual dividend.

[11:30 - 12:29] Protection and control Element

• Taxes protect 100% of the cash value.
• Erica talks about protecting yourself from predators.
• • Another cushion that provides separation of liability
• Financial reporting
• • The vault aspect
  • You can make yourself appear as illiquid as possible.
• Erica talks about the control element.
• • We can protect and shield our money when we need to and show our cards when we need to.
• We are financing everything we buy.
• • Pay cash vs. go into debt
  • Do we want to pay interest or lose the ability to earn future value interest in the money?

[19:30 - 12:29] Math Vs. Money

• Erica shares a scenario of earning future value interest.
• • Amortization of interest.
  • Earning more interest than what we pay and also adding to the additional tax benefit.
• David talks about the compound interest curve and how it works.
• • Exponential upward trend
  • He gave an analogy of the tortoise and the hare.
• Erica shares about some of their clients’ case
• • Upfront and transparency
  • The interest rate that you are earning and you’re paying are not the same.
• Emulate successful people in doing things in a different way
• • If we do what nobody else is willing to do, we will have what nobody else will have.
  • Erica shares stories about Rockefeller and Disney
• The biggest banks have over 50% of their assets held within the corporate-owned whole life insurance.
• • Phased out banks and be your own ban