Master the Concept of Infinite Banking
The Money Blog
Read through our collection of articles on the Infinite Banking Concept (IBC) and other money matters.
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Read more »: Beneficiary of inheritance: What to do, Pay debtsCanadian retirees are in the midst of the most significant intergenerational wealth transfer ever. As of 2012, the percentage of Canadian families who received inheritance stood at approximately 28% across all provinces in the country. Moreover, this number is only expected to grow. By 2030, an estimated $1 trillion will have changed hands in the…
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Read more »: How To Handle Beneficiaries During DivorceMajor life events may prompt you to make necessary updates on your estate plans and life insurance. And, a divorce is no exception. In the process of dividing assets, ensuring your children adjust smoothly, and getting your life together as a single parent or grandparent, making necessary changes on your estate plan and life insurance…
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Read more »: What is Family EconomicsUnderstanding Family Economics Family economics represents the health of your personal financial life on one of the things you value the most- your family. It is how you handle finances to satisfy your family needs. It is crucial to understand how your family life, the decisions you make, and spending patterns impact your overall financial…
The Premier Channel: Bankers Vault
Watch out our latest videos and tutorials on the Infinite Banking Concept and other financial topics.
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CLICK HERE 👉 http://watchibc.com/ In this episode, we dive deep into the fundamentals of infinite banking and the common misconceptions surrounding cash value life insurance. The discussion centers around R. Nelson Nash’s book Becoming Your Own Banker, emphasizing the difference between purchasing a policy and implementing a banking process. Through the equipment financing example, Jayson…
The Podcast: Wealth on Main Street
North America’s #1 financial podcast where conversations about money are entertaining and informative. We’re transforming the conversation around money, making it approachable and clear.
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Treating life insurance as an expense could cost you. Henry Wong breaks down a major misconception that permanent life insurance is a specialized asset, but many mistakenly treat premiums as an expense. As he points out, the Income Tax Act clearly states that insurance premiums aren’t deductible. Avoid costly mistakes and make life insurance work…
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Every major purchase comes down to three choices: lease it, buy it with cash, or finance it. Jason Weiss, a financial strategist, breaks down how business owners can optimize their cash flow while acquiring assets. Instead of tying up capital, strategic financing allows you to keep money moving where it works best. This approach applies…
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