Join David Befort and Paul Fugere on Episode 29 of the Wealth Warehouse! In this week’s episode, the guys respond to a listener's question about universal life insurance vs. whole life insurance for IBC. Does IBC need to use whole life insurance? Is it the best fit for IBC? Paul and Dave cover the pros and cons of universal vs. whole life, how it matches up with your goals and most importantly, how appropriate each is for the Infinite Banking Concept. Episode Outline: (2:05) - Open of the show, ...
Aug 29, 2022•34 min•Ep. 29
Join David Befort and Paul Fugere on Episode 28 of the Wealth Warehouse! The common perception around retirement is that “having less is just the way it is”. Or at least that’s what most of the financial advisors would tell you. But is that how it has to be? Working your whole life to end up with “less”? In this episode, the guys revisit retirement and address how to set yourself up to be more secure when you stop working. They also point out the flaws with most conventional retirement plans, fr...
Aug 22, 2022•31 min•Ep. 28
Join David Befort and Paul Fugere on Episode 27 of the Wealth Warehouse! Have you ever noticed that all of the big financial gurus always talk about where to invest your money, rather than where to save it? In today’s episode, David and Paul are talking about savings - but not just any old inflation discussion. They cover where to park your money and even what you need to know when you take it out. The guys also dive into the most common ways people build wealth and a couple of its biggest probl...
Aug 15, 2022•31 min•Ep. 27
Join David Befort and Paul Fugere on Episode 26 of the Wealth Warehouse! “Would you rather save $112,000 or earn $411,000?” In today’s episode, David and Paul examine this question within the context of mortgages. More specifically, 15 year mortgages vs. 30 year mortgages and the difference they can make for your immediate and future finances. The guys explain all the variables that you should care about, expert advice you should ignore and why you should care a lot more about your money’s “prod...
Aug 09, 2022•29 min•Ep. 26
Join David Befort and Paul Fugere on Episode 25 of the Wealth Warehouse! In today’s episode the guys field some questions from listeners about dividends! How do you know which companies will mesh with your IBC strategy? What is a “paid up addition”? And how does it work? Tune in to have all your burning questions answered! In this episode you’ll learn about: -The different ways you can receive dividends from your policy -How dividends work with IBC and their relationship to PUAs -The simplicity ...
Aug 01, 2022•31 min•Ep. 25
Join David Befort and Paul Fugere on Episode 24 of the Wealth Warehouse! Everyone has an opinion when it comes to how you manage your money. Oftentimes, when you step out of the norm, you can get pushback from other people – even family and friends. In this week’s episode the guys give you advice on handling the haters and what you can do to better defend your decision to roll with IBC. In this episode, you’ll learn about: -What makes you a good (or bad) fit for IBC -How to deal with negative op...
Jul 25, 2022•31 min•Ep. 24
Join David Befort and Paul Fugere on Episode 23 of the Wealth Warehouse! In this week's episode, the guys do a deep dive on a case study and examine the benefits that one of their clients experienced shortly after getting started with IBC. Find out more about how this newbie IBC user used his first policy loan to seize an opportunity that earned him a tax-free, risk-free, 33% rate of return. In this episode, you’ll learn about: -The guy’s perspective on managing loans you take out against your p...
Jul 18, 2022•28 min•Ep. 23
Join David Befort and Paul Fugere on Episode 22 of the Wealth Warehouse! It should be obvious by now that IBC doesn’t mesh with most traditional wealth building strategies. This week’s show is no different as the guys tackle conventional ideas around saving money, spending it and what your perspective should be on all of it. In this episode you’ll learn about: -Why you shouldn’t be paying for that big vacation in cash -Utilizing your life insurance policy’s line of credit and balancing it with y...
Jul 11, 2022•31 min•Ep. 22
Join David Befort and Paul Fugere on Episode 21 of the Wealth Warehouse! This week, the guys break down the popular TV series “Breaking Bad” – and tell you why it’s one of the best examples of a situation that could’ve been avoided by some simple planning and foresight. Yep, that’s right. Whole-term life insurance could’ve saved Walter White a whole lot of trouble. In this episode, you’ll learn about: -How Walter should’ve planned from the beginning -What he did wrong (in terms of planning, not ...
Jul 04, 2022•33 min•Ep. 21
Join David Befort and Paul Fugere on Episode 20 of the Wealth Warehouse! This week, David and Paul take another swing at some FAQs that they get from listeners and clients. Newcomers and veteran listeners alike will find great insight into some of the most burning questions people have about IBC and whole-term life insurance. In this episode you’ll get answers to questions such as: -Is there a limit to how much I can put into a whole-term life insurance policy? -How can I get my policy started a...
Jun 27, 2022•33 min•Season 1Ep. 20
Join David Befort and Paul Fugere on Episode 19 of the Wealth Warehouse! Economic uncertainty is one of the biggest obstacles to financial freedom. How can you prepare for something you don’t even know is going to happen yet? David and Paul discuss all of the recent economic turmoil, as well as how to best address uncertainty and keep your nest egg intact. In this episode you’ll learn about: -The external forces you face now and how they hurt your ability to grow your money -How these external f...
Jun 20, 2022•41 min•Season 1Ep. 19
We’re all familiar with the huge benefits that Infinite Banking provides through whole life policies. But what about other types of policies? Can you expect the same results? Today, David and Paul depart from IBC a little to share their experience and thoughts on term life insurance. In this episode you’ll learn about: -The difference between whole life insurance and term life insurance -What term life insurance gets you and some of its financial drawbacks -Convertible versus non-convertible ter...
Jun 13, 2022•29 min•Season 1Ep. 18
Join David Befort and Paul Fugere on Episode 17 of the Wealth Warehouse! There are so many advantages that IBC can bring to your finances and in turn, your life. In this episode, David and Paul examine the benefits of Infinite Banking and break down what they love the most about this strategy. In this episode, you’ll learn about: -How IBC is able to avoid external economic pressures -What you avoid when you don’t use banks for loans -The importance of having access to money on your time and term...
Jun 06, 2022•32 min•Season 1Ep. 17
Join David Befort and Paul Fugere on Episode 16 of the Wealth Warehouse . David and Paul have introduced so many clients from all walks of life to the concept of IBC. And in those encounters, commonalities can be observed. In this episode, David and Paul discuss the common traits that most IBC users have with each other and the traits that can help identify those that won't be a good fit for IBC. In this episode you will learn: -No financial strategy will work if you don't know how to save -Davi...
May 30, 2022•32 min•Ep. 16
Join David Befort and Paul Fugere on Episode 15 of the Wealth Warehouse . We all know that college is open to all. But what we also know is that it sure does cost like it's only for the wealthy few. So what about a college savings plan? In this episode, David and Paul discuss the difference between a savings plan and an investment plan, the advantages of the infinite banking concept when up against 529 Plans, and the other ways for you to start saving for college aside from IBC. In this episode ...
May 23, 2022•29 min•Ep. 15
Join David Befort and Paul Fugere on Episode 14 of the Wealth Warehouse . When you have capital, opportunities seek you; but to find opportunities, you, too, must search for them. In this episode, David and Paul discuss the elements that help you find opportunities and help opportunities find you. They also brief through David's quick principle on how to think like the bank, the significance of relationship-building to finding opportunities, and their thoughts on the adage, "cash is king!" In th...
May 16, 2022•25 min•Ep. 14
Join David Befort and Paul Fugere on Episode 13 of the Wealth Warehouse . People, especially skeptics, may have one, two, or a hundred questions regarding IBC. And this entire episode is dedicated to answering just those. In this episode, David and Paul gather the top frequently asked questions about IBC. How many policies can you own? Can you copy someone else's policy? What's the best thing you can do to an accessible cash value? And so much more. In this episode you will learn: -First thing i...
May 09, 2022•25 min•Ep. 13
Join David Befort and Paul Fugere on Episode 11 of the Wealth Warehouse . Objections to the infinite banking concept come from left and right. Whether it's a misunderstanding or just inhibition, David and Paul move you past those by debunking the common objections that stop people from discovering IBC. In this episode, David and Paul answer questions like, why would I pay interest to an insurance company to borrow my own money ? Do insurance companies keep all my built-up cash value after death ...
May 02, 2022•26 min•Ep. 12
Join David Befort and Paul Fugere on Episode 10 of the Wealth Warehouse . Can the infinite banking concept eliminate your debt? With an astounding 'yes!' David and Paul explain how eliminating debt through IBC can mean as easy as changing the pattern of how your money flows. In this episode, David and Paul lay down how you can retain your cash value permanently instead of giving it away permanently. In this episode you will learn: -It's all about your spending pattern -Your policy keeps your mon...
Apr 25, 2022•28 min•Season 1Ep. 11
Join David Befort and Paul Fugere on Episode 10 of the Wealth Warehouse . In part 2 of this bid-your-middle-class-mindset-goodbye special, David and Paul simplify how the infinite banking concept helps make your money function differently. Today, David and Paul discuss what accumulation theory is, the biggest fallacies when it comes to investing, and the top issues that pose a challenge to the wealth of the middle class. In this episode you will learn: -With 401(k)s, you have to make sure you do...
Apr 18, 2022•28 min•Season 1Ep. 10
Join David Befort and Paul Fugere on Episode 9 of the Wealth Warehouse . In part 1 of this special, David and Paul answer, "is middle class your socio-economic status or your mindset?" When we study the way the wealthy think, it's not hard to see how an abundance mindset has set them apart. Here, David and Paul discuss where your mindset shift should start and how the wealthy view markets, risks, money management, debt, etc. In this episode you will learn: -Education is step #1 in everything -Ma...
Apr 11, 2022•27 min•Season 1Ep. 9
Join David Befort and Paul Fugere on Episode 8 of the Wealth Warehouse . In this episode, David and Paul open the floor to discuss a topic that never fails to stir up much emotion from people — 401(k)s. For the two, most people are smart enough to manage their own wealth, but with conditioning, we've been made to believe that doing so is out of our league. Here, David and Paul discuss why qualified plans were created, how inflation decreases the value of retirement accounts, who controls your 40...
Apr 04, 2022•27 min•Ep. 8
Join David Befort and Paul Fugere on Episode 7 of the Wealth Warehouse . In this episode, David and Paul talk about the post-military life insurance options available to military members. David shares an excellent case study about how a military friend who funded an annual premium for a specially designed whole life policy made $100k happen by his retirement. Aside from that, they also touch on soldier group life insurances, survivor benefit plans, why transitioning members shouldn't cut themsel...
Mar 28, 2022•29 min•Ep. 7
Join David Befort and Paul Fugere on Episode 6 of the Wealth Warehouse . In this episode, David and Paul share their favorites and the highlights of the recent 2022 IBC Annual Think Tank. If the infinite banking process is not a product, what is it? Here, David and Paul discuss the takeaways from Jayson Lowe's presentation on family banking, how IBC applies to large cases in real estate, what the most important part of the IBC process is, and more. In this episode you will learn: -In family bank...
Mar 21, 2022•25 min•Season 1Ep. 6
Join David Befort and Paul Fugere on Episode 5 of the Wealth Warehouse . In this episode, David and Paul talk about the practical, real-world applications of the infinite banking concept. After understanding the concept of IBC, most clients typically find themselves stuck in the 'now-what' phase. Today, after David shares how he utilized saved-up cash value in his earlier projects in real estate, Paul tells a story of how the infinite banking concept changed the financial trajectory of one of hi...
Mar 14, 2022•30 min•Season 1Ep. 5
Join David Befort and Paul Fugere on Episode 4 of the Wealth Warehouse . In this episode, David and Paul talk about the pros and cons of the infinite banking concept. Right after sharing a quick opinion on new year's resolutions, the two follow it up by discussing the common deterrents to getting into the IBC and what the IBC proffers in terms of insurance, guaranteed growth, and dividends. Later in the episode, Paul also explains why the IBC is not an 'either-or' type of thing. In this episode ...
Mar 07, 2022•37 min•Season 1Ep. 4
Join David Befort and Paul Fugere on Episode 3 of the Wealth Warehouse . In this episode, David and Paul explain how to achieve sweaty wads of dripping wet cash. ABOUT YOUR HOSTS: David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money. David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, ...
Feb 28, 2022•30 min•Season 1Ep. 3
Join David Befort and Paul Fugere on Episode 2 of the Wealth Warehouse . In this episode, David and Paul simplify the power of the infinite banking concept regarding loans and how IBC puts you in control. After breaking down the two general ways of paying for a purchase, David and Paul discuss why 'wealth creators'—or whole life insurance users—outsmart the 'savers' and the 'debtors' in more ways than one. In this episode you will learn: -How do you finance borrowed money? -Who are the savers, d...
Feb 21, 2022•30 min•Ep. 2
Join David Befort and Paul Fugere in the first-ever episode of the Wealth Warehouse . In this episode, David and Paul talk a bit of themselves, who this show is for, and a big chunk of what you can expect from the podcast. Tune in as your hosts give a peek of the infinite banking concept and why you should opt to learn from the podcast instead of just googling stuff. Here, David and Paul also touch on the core principle of IBC, the biggest fallacies when it comes to investing, and how the podcas...
Feb 14, 2022•29 min•Ep. 1
On Wealth Warehouse, we challenge you to transform your financial future through the principles of the most profitable business in the world: banking. We believe everybody should be involved in 2 businesses: the business that you're in, and the banking business. Every day people can replicate what bankers have been doing for centuries to leverage capital and build wealth through private lending. Join us as we uncover the truths about money, expose lies and myths, and flip conventional financial ...
Jan 20, 2022•31 sec
