How much do you need to start this program/ system/machine? How do you pay for bills, clothes, movies and restaurants. Can you make your own ATM? Help me understand, please?..
@Patrick Davan You design a plan that works for your life and circumstances with advisors like these... Put in what you can and only borrow out what you need and pay those loans back in as quickly as you can like you would with any other loan... The goal and point is to have an account that captures every single penny that goes through your hands... Kind of like that social security statement that mocks you with every dollar you used to have, except this statement from your policy can show you every dollar you can save AND spend at the same time...
I was absolutely memorized by this new to me concept. Couldn’t sleep all night studying it out. But as i tried acting on it. It is so very hard to reach you guys. Phone numbers on your site do not work at all, scheduling appointment requires agreement to get regular text msg on financial school. Could not find info on your license ( I do hope you have it or you have a licensed agent you refer to) My local agent says it’s illegal to withdraw any amount or loan for the first 2 years. Says its a serious crime. I heard you say that it is a long term kind of plan, but then taking out cash value in less than 30 days. I believe you probably found a loophole to offer this legally. Also my agent says there isnt a life insurance policy now days that offer more than 2.25percent dividend ( ofcourse that meant the loan amount would have as low percent as well). Are you using some of the overfunded money to make additional dividends elsewhere and that part isnt guaranteed you say, but very stable in the past. Could you please elaborate on this all? I know there’s lots of legal loopholes that lawmakers and their accomplices know and use but do not explain it to us. Thank you.
Wow, I would also like to know. Of course regular agents aren’t going to know all this - or they would be doing it. Not the right phone numbers, etc….????!
There are not loopholes your agent is a tool. They are called riders. He should know that. Living riders. There is a living rider that allows you to access almost 100% of your money imminently. Plus there are riders for disability, in case you get hurt and can’t work. You access to your death benefits. There r riders that lets you add temp ins to your plan to give u more opportunity to add more cash to your cash value. There are tons of riders. Your agent just doesn’t know how to use them cause they are lazy or don’t care. Plus infinite banking isn’t set up with big WL policies, its design around what you can save, so its lets commission for the agent, and of course more work. FYI these guys are explaining a very safe infinite banking process. This isn’t your legacy account to fund your Truth account for generational wealth. This is simply your becoming your bank program. Message me, I will tell you more about it.
It's not a "policy". It IS a POLICY. And how much you need to start one is pretty much completely up to you. There are certain minimums, and although you can start with those minimums, you probably don't want to! If you have a system where you can receive UNINTERRUPTED COMPOUNDING INTEREST (tax free!) and still have liquid tax free access to that capital, wouldn't you want to dump AS MUCH AS POSSIBLE into it?
I have a client wanting a life insurance policy in the amount of 1 million to 3 million that accumulates cash value that they can borrow off for business ventures. They want the flexibility of paying the premium quarterly or annually and to max fund it Trying to figure out should I go with IUL or whole life policy for them? Any feedback or anyone here that has or had something similar to a client like this? I would like to learn how to set it up correctly for Infinite Banking
Where else to create spread besides p2p loans. Current loan rate on policy in 2024 is 6.2%..should spread be a minimum say 4-8%. Interested with where to invest exactly and not p2p loans.
If I have a credit card with a $7,200.00 available balance and a revolving credit line with a $10,000.00 available balance, could I use those two available balances to start an Infinite Banking policy? Then repay that debt with my Infinite Banking policy when that amount of cash became available to me?
That’s crazy that you guys mention banks buying whole life policies to their employees and compensating them a pension plan after retirement. I friends who work at Google and they have whole life insurance policies fully paid for by the company. Also, as a Google employee, if you were to die, the family gets the DB and surviving family gets employees wage for next ten years.
@@Vgk36 Actually, depending on the company and the design of the policy. And that's only the first year or so. It continues to increase from there to the point where you ave > 100% of the premium payment available "immediately". (Within 20 days.) And eventually, you will haves access to MORE (MUCH more) than the TOTAL premiums you have paid in. And it just keeps getting better after that. In the "early years" you are capitalizing your "bank". A bank is a business. And what is the #1 cause of business failure in the early years? UNDER CAPITALIZATION. "Don't be afraid to capitalize." -- R. Nelson Nash
@@CHARLESBRANKLYN whole life insurance is a want not a need. At 88 years old it's probably not worth it anymore unless you are doing some kind of special estate transfer or MEC policy for some special reason.
AND. You are making interest and dividened on your bank Fantastic
Thanks!
I'm loving this channel....Thanks for all you do!!
Do youbbuild the ibc machine to canadians?
I'm recieving SSI, does that matter. Will I be able to participate?
Is the payment based on a fiscal year or the date you start the policy
Would this be a better option for my kids than setting up trust funds?
That’s a question I’d like to know as well! I’ve got a couple kids that could benefit from this info!
Is it possible to have multiple life insurance policies? And what’s the max you can contribute monthly?
56:26 Yep! Commissions drive product selection, presentation and steering... So much for fiduciary responsibility... The fraud is in the inducement...
How much do you need to start this program/ system/machine? How do you pay for bills, clothes, movies and restaurants. Can you make your own ATM? Help me understand, please?..
Aaqa
@Patrick Davan You design a plan that works for your life and circumstances with advisors like these... Put in what you can and only borrow out what you need and pay those loans back in as quickly as you can like you would with any other loan... The goal and point is to have an account that captures every single penny that goes through your hands... Kind of like that social security statement that mocks you with every dollar you used to have, except this statement from your policy can show you every dollar you can save AND spend at the same time...
I solder all the circuit boards for my ATM by myself... LOL... JK... 🤪
This seems to make sense, (and dollars as well). Should you wait until you have a full year's premium before getting started?
Don’t you have to pay taxes on the loan interest returned to your segregated account. Isn’t it pretty much a wash loan at that point ?
Can I use a 0% interest business credit card to open and fund a policy? And can I take a policy loan to pay my premium?
Idk if you can fund the policy directly with the credit card, but I know how to liquidate it and put the money orders into the policy.
You need a checking account to fund the account
Can you roll a annuity into the account and Boral the tax portion and pay that part back to the account
Also, is there a age limit where you can open up one of these policies?
Also, is there a age limit where you can open up one of these policies?
I was absolutely memorized by this new to me concept. Couldn’t sleep all night studying it out. But as i tried acting on it.
It is so very hard to reach you guys. Phone numbers on your site do not work at all, scheduling appointment requires agreement to get regular text msg on financial school. Could not find info on your license ( I do hope you have it or you have a licensed agent you refer to)
My local agent says it’s illegal to withdraw any amount or loan for the first 2 years. Says its a serious crime.
I heard you say that it is a long term kind of plan, but then taking out cash value in less than 30 days.
I believe you probably found a loophole to offer this legally.
Also my agent says there isnt a life insurance policy now days that offer more than 2.25percent dividend ( ofcourse that meant the loan amount would have as low percent as well). Are you using some of the overfunded money to make additional dividends elsewhere and that part isnt guaranteed you say, but very stable in the past.
Could you please elaborate on this all? I know there’s lots of legal loopholes that lawmakers and their accomplices know and use but do not explain it to us.
Thank you.
Wow, I would also like to know. Of course regular agents aren’t going to know all this - or they would be doing it. Not the right phone numbers, etc….????!
There are not loopholes your agent is a tool. They are called riders. He should know that. Living riders. There is a living rider that allows you to access almost 100% of your money imminently. Plus there are riders for disability, in case you get hurt and can’t work. You access to your death benefits. There r riders that lets you add temp ins to your plan to give u more opportunity to add more cash to your cash value. There are tons of riders. Your agent just doesn’t know how to use them cause they are lazy or don’t care. Plus infinite banking isn’t set up with big WL policies, its design around what you can save, so its lets commission for the agent, and of course more work. FYI these guys are explaining a very safe infinite banking process. This isn’t your legacy account to fund your Truth account for generational wealth. This is simply your becoming your bank program. Message me, I will tell you more about it.
How much do I need to start one and how much is the monthly payment for the "policy"?
It's not a "policy". It IS a POLICY.
And how much you need to start one is pretty much completely up to you. There are certain minimums, and although you can start with those minimums, you probably don't want to! If you have a system where you can receive UNINTERRUPTED COMPOUNDING INTEREST (tax free!) and still have liquid tax free access to that capital, wouldn't you want to dump AS MUCH AS POSSIBLE into it?
Is there a link to talk to a member more extensively about setting up an account ?
After Chris said that first line about taking us on a journey, I thought he was then going to say "A Journey into the Twilight Zone" 😆
I have a client wanting a life insurance policy in the amount of 1 million to 3 million that accumulates cash value that they can borrow off for business ventures. They want the flexibility of paying the premium quarterly or annually and to max fund it Trying to figure out should I go with IUL or whole life policy for them? Any feedback or anyone here that has or had something similar to a client like this? I would like to learn how to set it up correctly for Infinite Banking
Do you have to be in debt to start a policy
No absolutely not
If I wanted to structure my policy for a $100K dump in and wanted access to at least $50K immediately… is this possible?
Yes
No
Ask your lawyer
As Hannah says, "Immediately," meaning within 30 days.
Where else to create spread besides p2p loans. Current loan rate on policy in 2024 is 6.2%..should spread be a minimum say 4-8%. Interested with where to invest exactly and not p2p loans.
you are missing a VERY important piece of info that the 6.2% is SIMPLE interest... so making even like 3% compound would be profitable
my name is Margaret I want to book a call great information
yes i am you guys are super
If I have a credit card with a $7,200.00 available balance and a revolving credit line with a $10,000.00 available balance, could I use those two available balances to start an Infinite Banking policy? Then repay that debt with my Infinite Banking policy when that amount of cash became available to me?
Correct✅✅✅
I'm working to get on ur level 💥
That’s crazy that you guys mention banks buying whole life policies to their employees and compensating them a pension plan after retirement. I friends who work at Google and they have whole life insurance policies fully paid for by the company. Also, as a Google employee, if you were to die, the family gets the DB and surviving family gets employees wage for next ten years.
No idea
Hi Chris Naugle!
Which is your preferred company that sells Whole Life Insurance?
Diego Connect with Craig from my team! Craig@themoneymultiplier.com
You guys seem to be showing that 100% of the cash value is available. I’m only able to borrow out like 95% of my Cash Value.
Not true . You can only get out about 90% . Actually 75/90 depends on the mutual company
@@Vgk36 Actually, depending on the company and the design of the policy. And that's only the first year or so. It continues to increase from there to the point where you ave > 100% of the premium payment available "immediately". (Within 20 days.) And eventually, you will haves access to MORE (MUCH more) than the TOTAL premiums you have paid in. And it just keeps getting better after that.
In the "early years" you are capitalizing your "bank". A bank is a business. And what is the #1 cause of business failure in the early years? UNDER CAPITALIZATION. "Don't be afraid to capitalize." -- R. Nelson Nash
I have no idea how I could even join your community at 88 years old /or how could I get a whole life policy with a 80% debt to my income monthly
@@CHARLESBRANKLYN whole life insurance is a want not a need. At 88 years old it's probably not worth it anymore unless you are doing some kind of special estate transfer or MEC policy for some special reason.
Where were you when I was getting tax free money in 2008 deployed.😂
No
Can you roll a annuity into the account and Boral the tax portion and pay that part back to the account
No