Creating Options With Your Family Bank
Jan 19, 2023•19 min•Ep. 34
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Episode description
Nothing is permanent, except change. We may have the best laid-out plans but what would happen that could change that?
In today's episode, Tom focuses on what stops people when it comes to changing their worries about what could happen. What if I can't make the premium contribution to my Family Bank? There are multiple options at your disposal such as using cash value to create assets that bring you income or borrowing against your policy to fund your premium until things solidify. These are just a few examples of where balance and flexibility lead to freedom in life and how having a Family Bank helps you get there.
Highlights
- The concept of impermanence. - 1:19
- What infinite banking is. - 3:13
- How you can continue funding your policy. - 5:39
- Storing cash as a strategy. - 9:03
- Exploring the different options for paying your life insurance premiums. - 14:00 Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
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