Podcast

E49: Is the Financial Bubble About to Burst

In this episode, we discuss what Ron Paul calls, “The biggest financial bubble in the history of mankind,” and how you can survive the next financial disaster. 

E48: When Can I Stop Paying Premiums

In this episode, we will discuss when it makes sense to stop paying premiums towards your whole life policy when you’re using it as a banking tool, We’ll also share why you’ll probably have to change your perspective on the word “premium” if you want to be successful at Priviate Family Financing in the first place.

We are asked all the time: “When can I stop paying premiums?” Where does that question even come from typically?

We’re raised with a scarcity mindset of holding on to as much of our money as we can. This then translates into a belief that if we are paying into premiums, then it is money leaving. We have this “paid off” mentality, and we lump our banking policies in there too, unfortunately.

The trouble comes in when people view their whole life insurance policy as just another insurance. If I make a $500 payment towards car insurance, home insurance, and different things, we all know I have less money the next day. I’m poorer now.

Premiums are Different

But Priviate Family Financing is actually a different type of premium payment. The money doesn’t vanish into someone else’s pocket.

With Priviate Family Financing you’re the banker. The reality is this: It’s not money leaving. Premiums paid into a whole life insurance policy under Priviate Family Financing is money being deposited into your private bank, and banks never want you to stop making deposits.

We need to change the way we see these premiums from adding into the payment side of the budget to the asset side of the budget. Then you get to see what happens when you pay the premiums.

Episode Resources:

Infinite Banking and Priviate Family Financing explained

Episode Takeaways:

“If you stop making premium payments, then you are basically stopping the deposits into your personal bank.”

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“You really have to start thinking you are a bank owner. Your policy is your bank.”

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“If you think of premiums as a liability and not an asset you’re going to be very limited in how far you can take Priviate Family Financing and how much money you can make.”

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E47: 3 Mental Barriers Standing in the Way of Financial Freedom

In this episode, we discuss the mental barriers that prevent your financial success. And we’ll share the things that you need to do to create a strategic financial vision to achieve freedom.

E46: How to Decide if 401(k) Match is Best For You

The 401k match is probably the most common tool used by Americans today as they try to save for the future. But is it right for you? In this episode, we will discuss the many questions to ask yourself to decide if it is a good fit for you. Your home may need a new home…

E45: How to Avoid Going Broke Paying For College

In this episode, we discuss how you can avoid going bankrupt paying for college. We’ll share techniques, strategies, hacks, and tips. Click here to tune into the show…

E44: How to Define Financial Freedom And Get There

In this episode, we discuss the importance of defining financial freedom for yourself, so you know the exact steps you need to take to get there.

E43: How to Make Priviate Family Financing Work in Your Business

In this episode, we discuss how businesses can use the Infinite Banking concept to solve their need for capital, potentially lower their taxes, and even lower employee churn.

E42: How to Make Money Do Multiple Jobs

In this episode, we discuss why it is so important to make your money do multiple jobs at the same time. In other words: Make your money work for you. If you’re thinking that you have far too little to show for all the work you’ve done over the years, maybe it’s time to have your money pick up the load and start doing the work for you.

E41: What Happens when Rabbi Lapin Crushes Retirement Myths

In this episode, we’re joined once again by Rabbi Daniel Lapin. He enlightens us on the biggest retirement myths, the biblical implications, and what leaving a legacy really means.

E40: Rabbi Lapin on the Spiritual Nature of Money

In this episode, we sit down with Rabbi Daniel Lapin. He enlightens us on the spiritual nature of money.