January 26, 2021

47. Don’t Steal The Peas When Doing Infinite Banking

Having an Infinite Banking Policy is a wonderful tool to help navigate your financial life not to mention the benefit of knowing your family is taken care of once you have passed.  But, these policies only work if you take care of them.  If you withdraw …

Show Notes

Wealth Without Bay Street
Wealth Without Bay Street
47. Don’t Steal The Peas When Doing Infinite Banking
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Having an Infinite Banking Policy is a wonderful tool to help navigate your financial life not to mention the benefit of knowing your family is taken care of once you have passed.  But, these policies only work if you take care of them.  If you withdraw a policy loan and don’t repay it, then you’re only going to hinder the death benefit that your family is to receive.  Being strict with repaying yourself is crucial to the success of your policy.  Listen as Jayson and Richard discuss the importance of loan repayment.

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