E109: How to Make IBC Policy Loans Really Build Wealth
Episode description
How to use policy loans is one of the most common questions we receive. This includes why someone would even want to take a policy loan and pay interest. At first blush, it may seem counter-intuitive when trying to build wealth. So, in today's episode, we discuss how policy loans work.
~ Access our Masterclass FREE to podcast listeners here:
https://livingwealth.com/secretbanking/
~ Get resources and transcripts from this episode by visiting:
Topics Discussed:
- What are policy loans and why would you use them
- What it means to become your own banker
- Who gets the interest that you pay
- When does it make sense to borrow against your policy
- What's the best way to repay a policy loan
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/