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 »: The Biggest Fears Of Registered Retirement Savings PlansIt’s important to know what the main fears of Canadians are about RRSPs to be prepared and well-informed when it comes time to make decisions about your retirement planning.
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Read more »: How will the economy of Canada impact your registered accounts?It goes without saying that a country’s economy has a significant impact on different sectors or areas. The economy is an ever-changing entity. Even when the Canadian economy seems to be doing well, many people continue to dread that much-talked-of economic downturn. People are always worried about what they will do when this inevitable and…
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Read more »: What Insurance premiums are tax deductible?Tax deductions are sought after by most Canadian families and businesses to reduce our taxable income for the year are critical. But beware..the taxpayer is always the one who is impacted if they do something incorrectly. So always consult a proper tax advisor before “taking a little bit of information and reaching an absurd conclusion,”…
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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