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Infinite Banking Mindset: Why Loan Payments & Interest Are NOT Bad
Most people are conditioned to think that loan payments are bad, and interest is bad. But in the Infinite Banking Concept (IBC), that thinking holds you back.
In this episode of Wealth on Main Street, Richard Canfield, Chey O’Brien, and Garrett reveal:
- Why do policy owners always come first in the money pool
- How paying policy loan interest makes you a better banker
- Why whole life insurance companies have been the safest stewards of capital for 200+ years
If you want to build generational wealth and keep your money in the family, this is a must-watch.
Free Resource: Get Don’t Spread the Wealth here → www.dontspreadwealth.com
Chapters:
00:00 – Intro: Loan payment mindset
00:40 – Why we’re conditioned to see debt as bad
01:10 – Wearing the banker’s hat
01:40 – Nelson Nash’s Money Pool (p.26)
02:30 – Where premiums & taxes flow in insurance companies
03:30 – Why policy owners come first
04:30 – Keeping money in the family (Don’t Spread the Wealth)
05:30 – Stability of life insurance companies (200+ years)
06:30 – Final thoughts & call to action
#richardcanfield #jaysonlowe #podcast #wealthonmainstreet
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