In this episode of Portfolio Paulse Podcast, Vance Lowe, CEO of Private Banking Strategies,® explains how Infinite banking, or the Infinite Banking Concept (IBC), is a financial strategy that uses a whole life insurance policy as a personal banking system. It allows individuals to borrow from their policy’s cash value for investments, debt payments, and expenses instead of relying on traditional banks.
This strategy offers the advantage of accessing funds without market risks, as the cash value grows at a fixed rate and is unaffected by market fluctuations.
In this episode, Vance discusses the benefits of protecting money from market risks while ensuring access to funds for financial needs
Vance discusses:
- The history of banking in the U.S. – the federal reserve.
- How to use the same dollar more than once.
- How Infinite Banking Concepts can help you get out of debt.
- And more
Resources:
- How to Grow Rich E-Book
- How to Grow Rich Audiobook
- Private Banking Strategies® Podcast: Episode ##: What You Need to Know About the SVB Bank Failure
- Private Banking Strategies® Podcast: Episode 41: What can you do with a college tuition? – Building A Bank for Future Generations
- Private Banking Strategies® Episode 10: Can You Retire Financially Free and Independently Wealthy Simply by Self-Financing Your Automobiles?
- Nelson Nash’s book: Becoming Your Own Banker
Connect with Private Banking Strategies®:
- Vance@privatebankingstrategies.com
- (817) 200-4777
- Private Banking Strategies
- Schedule an exploratory call
- LinkedIn: Vance Lowe
- LinkedIn: Seth Hicks
- Facebook: Private Banking Strategies
- Twitter: Private Banking Strategies
- Instagram: Private Banking Strategies
- YouTube: Private Banking Strategies
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