January 24, 2024

203. How Soon Can I Stop Paying Premiums with Infinite Banking?

Show Notes

Wealth Without Bay Street
203. How Soon Can I Stop Paying Premiums with Infinite Banking?
Loading
/

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?

Download a FREE copy of our bestselling books 

Cash Follow The Leader: https://cashfollows.com/

Canadians Guide To Wealth Building Without Risk: https://wealthwithoutbaystreet.com/wwbs-book-1/

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

———————————————————————————————————————

🎙️ WEALTH WITHOUT BAY STREET LINKS:

Learn how Canadians are Implementing Infinite Banking for Free Here: 

https://www.ascendantfinancial.ca/ibc-wwbs/?LeadSourceId=427

Podcast Website: https://wealthwithoutbaystreet.com/

Follow us on Facebook: https://www.facebook.com/wealthwithoutbaystreet/

Subscribe to our Youtube Channel: https://www.youtube.com/channel/UCj8ZlieHodxhD0vC75-rq0g

Book a 15-minute call: https://www.ascendantfinancial.ca/schedule/?LeadSourceId=427

Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here:

https://dayofnelson.com/day

🤝 Join Our Community! https://www.facebook.com/groups/wealthwithoutbaystreet/

📚 IBC RECOMMENDED BOOKS

https://shop.ascendantfinancial.ca/?LeadSourceId=427

📽️ WATCH THE DOCUMENTARY

Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/

 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/