You know IBC is flexible enough to utilize for all sorts of financial plans. And if you plan to use your banking system to help you finance things like cars or college you might be wondering: “Should I have different policies for different uses, or is it fine to do everything I want from one policy?”
It’s a great question, and in this episode, you’ll hear why the answer largely depends on where you are in your IBC journey, and what you want to accomplish.
I’ll also explain when one Whole Life policy is enough, and when you should have several.
Listen now!
Show highlights include:
- Why it’s better to start IBC as high as your budget will allow instead of starting lower and increasing later. (1:18)
- Dangerous thing some Whole Life companies allow that could destroy your IBC system. Especially if you don’t read your mail every day. (2:20)
- “Irreplaceable” asset you lose forever by starting small to test out IBC. (4:50)
- Surprising ways to make arrangements for yourself and your family, even if you can’t afford a plan for every family member right now. (6:50)
- What Infinite Banking can do for your young scholar that a college savings plan can’t. (9:12)
- How multiple policies can save you from accounting nightmares, especially if you don’t like keeping close track of everything yourself. (10:35)
Reach out to me:
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
