Infinite Banking Mastery

Should I Have Different Policies for Different Uses


Listen Later

You know IBC is flexible enough to utilize for all sorts of financial plans. And if you plan to use your banking system to help you finance things like cars or college you might be wondering: “Should I have different policies for different uses, or is it fine to do everything I want from one policy?”

It’s a great question, and in this episode, you’ll hear why the answer largely depends on where you are in your IBC journey, and what you want to accomplish.

I’ll also explain when one Whole Life policy is enough, and when you should have several.

Listen now!

Show highlights include:

  • Why it’s better to start IBC as high as your budget will allow instead of starting lower and increasing later. (1:18)
  • Dangerous thing some Whole Life companies allow that could destroy your IBC system. Especially if you don’t read your mail every day. (2:20)
  • “Irreplaceable” asset you lose forever by starting small to test out IBC. (4:50)
  • Surprising ways to make arrangements for yourself and your family, even if you can’t afford a plan for every family member right now. (6:50)
  • What Infinite Banking can do for your young scholar that a college savings plan can’t. (9:12)
  • How multiple policies can save you from accounting nightmares, especially if you don’t like keeping close track of everything yourself. (10:35)

Reach out to me:

[email protected]

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

...more
View all episodesView all episodes
Download on the App Store

Infinite Banking MasteryBy Valerie LaRoque

  • 5
  • 5
  • 5
  • 5
  • 5

5

19 ratings


More shows like Infinite Banking Mastery

View all
Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

538 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,841 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,848 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

615 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

584 Listeners

The Money Advantage Podcast by Bruce Wehner & Rachel Marshall

The Money Advantage Podcast

61 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

514 Listeners

Banking With Life Podcast by James Neathery

Banking With Life Podcast

74 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

716 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

52 Listeners

Strategic Whole Life by Infinite Banking Authorized Practitioners by John Montoya, John D. Perrings

Strategic Whole Life by Infinite Banking Authorized Practitioners

64 Listeners

The Money Multiplier Podcast by The Money Multiplier

The Money Multiplier Podcast

27 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

131 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

118 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

831 Listeners