Wealth Without Bay Street 203: How Soon Can I Stop Paying Premiums with Infinite Banking?
In Canada, many people have been conditioned by their past experiences, knowledge, and behavior to perceive insurance as an expense. This often leads to the question: when can I stop paying for this expense? It's a mindset we commonly have.
But as coaches, our aim is to help people overcome this and realize that by changing our thinking, we can start asking more empowering questions.
Instead of wondering when to stop paying, we should ask how long we can continue paying the premium and how much we can contribute to it.
Don't miss out on catching this empowering new episode!
▶ How Soon Can I Stop Paying Premiums with Infinite Banking?
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IN THIS EPISODE, YOU WILL LEARN:
[00:05] Introduction
[01:36] Commonly asked question: “How soon can I stop paying the premium?”
[05:37] Perceiving insurance as an expense
[08:34] Investing pennies and dollars
[15:22] Having long term vision or not
[26:06] entering in a new paradigm shift of thinking
[31:36] The power of coaching from someone who's been there, done that
[45:56] Advisors are partners
QUOTES:
- People have thought, been told and trained that insurance is an expense.
- Any financial investment will not grow with short-term thinking.
- With Infinite Banking, enhance the potential of what your money can do.
JinJin Fung is an advisor with Ascendant Financial and an Authorized Infinite Banking Practitioner.
LinkedIn: https://www.linkedin.com/in/jinjin-fung-989592217/?originalSubdomain=ca
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