Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Visit our website:

https://www.thewealthwarehousepodcast.com/

Infinite Banking can be exciting to many people as a concept. Yet, putting it into action seems to be a hang-up for most investigating the prospect of creating their own banking system.

Chief among those obstacles to action is the question: “How much does it take to get started?”

Each situation is different – and everyone’s goals and plans for legacy are different. However, Dave and Paul take you through how you can find out what IBC will take to implement in your life, taking into account factors such as your income, age and goals.

Additionally, the fellas dig into income and how bankers and non-bankers alike should be viewing the money that they make during their peak earning years and beyond.

Episode Highlights:

0:00 - Introduction

1:06 - Episode beginning

2:48 - Capitalization remorse

9:56 - “How much do I need to get started?”

11:45 - What % of your portfolio is outside of your reach?

13:06 - How big of a tax-free retirement bucket do you need?

15:36 - The years BEFORE retirement

21:08 - Correlating your assets (and retirement) w/ the market

25:40 - Thinking with the end in mind

35:18 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Join us this Thursday, April 10th at 5pm Central time for our monthly live Webinar Q&A! Register here:

https://us06web.zoom.us/meeting/register/eRNExdY0SRmdJNasF51GmQ

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Visit our website:

https://www.thewealthwarehousepodcast.com/

You may or may not have heard the phrase “cash is trash” in passing or even on the internet from financial influencers.

It’s a common sentiment among those in real estate, finfluencers, business owners and investors – and the idea isn’t completely insane – but if followed too closely, it can cause issues when it comes to jumping on an emerging opportunity, or even if a crisis or tragedy befalls you or your family.

In this week’s episode, Dave and Paul explore this idea of “cash is trash”, what you can take from it, what commentators mean when they say it – and most importantly, what it means for growing your wealth and your personal banking system.

Episode Highlights:

0:00 - Introduction

1:07 - Episode beginning

5:02 - The advantage of having cash reserves

7:41 - “Cash is trash”

13:04 - The question is: “How much cash do you need?”

17:06 - Things a bank won’t lend you money for

22:23 - Investing in something with massive cash reserves

25:17 - Nelson’s example of “the logger”

31:24 - Recap: Is cash trash?

35:21 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Is Infinite Banking really too good to be true? Or are the naysayers just missing the bigger picture?

In this episode, Dave and Paul cover some of the most common objections they’ve encountered when discussing IBC with those who don’t have their own banking system (yet).

From skeptics who believe they don’t need a death benefit because they already have enough assets to those who think a traditional bank loan is the better option—Dave and Paul examine all of these critiques and a few more that you may hear at Thanksgiving dinner or from that one Uncle..

Episode Highlights:

0:00 - Catching up

3:52 - Episode beginning

7:01 - “You fill in the blanks over time”

8:04 - “Buy term and invest the difference”

11:18 - “You’re just in this for the commissions”

15:59 - “I can get a lower interest loan from the bank”

19:56 - “I have enough assets”

28:27 - How to deal with naysayers

30:41 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com