Premium Only Content
When to Start Your 2nd Infinite Banking Policy (Most People Get This Wrong!)
When to Start Your 2nd Infinite Banking Policy (Most People Get This Wrong!)
If you’ve been practicing IBC and wondering when to open Policy #2, this episode breaks it down for you. We cover Nelson Nash’s simple timing rule, the cash-flow signals that indicate when you’re ready, and family/business triggers (such as a new baby, new partner, or buy-sell needs). Then we get practical: daily IBC use cases (cellphone, turf project, consolidations), how I set repayment schedules, and why consolidation can simplify your system while keeping you honest. Chapters below. Drop your questions in the comments. Your question could be featured next.
00:42 Nelson’s timing rule
01:50 Cash-flow signals you’re ready
03:36 Family/business “new contract” triggers
05:22 Daily IBC example: cellphone (self-insure + repay)
08:55 Turf project: multi-policy loan + 12-mo repay
12:40 Consolidation strategy (one payment, clear rules)
16:55 “Honest banker” mindset (don’t steal the peas)
20:30 How often to borrow? How to repay?
23:35 When I’ll add my following policy & why
Book a Strategy Session to review your timing for Policy #2 - https://www.ascendantfinancial.com/should-you-book-a-call/
#richardcanfield #IBCrealtalkfriday #podcast #infinitebanking #policy #nelsonnash #ibc #cashflow
In this video, we're answering questions about how the infinite banking concept works. We look at opening a new life insurance policy and using cash flow to be your own bank. Nelson Nash's teachings help you achieve financial freedom and utilize cash value effectively.
Don’t Spread the Wealth: www.dontspreadwealth.com
Cash Follows the Leader: www.cashfollows.com
Keep Taxes Away From Your Wealth: www.keeptaxesaway.com
This video answers subscriber questions about the Infinite Banking Concept, exploring common questions surrounding life insurance. Learn more about using cash value and policy loans, while understanding the importance of dividends in building wealth. This episode also addresses managing debt and increasing cash flow through your own 'bank'.
-
LIVE
Wendy Bell Radio
5 hours agoBurning Down The House
7,297 watching -
LIVE
Total Horse Channel
13 hours ago2025 IRCHA Derby & Horse Show - October 29th
54 watching -
1:07:54
Chad Prather
15 hours agoHow to Keep Your Peace When Your World Falls Apart!
45.9K28 -
LIVE
LFA TV
13 hours agoLIVE & BREAKING NEWS! | WEDNESDAY 10/29/25
3,077 watching -
1:24:42
Crypto Power Hour
13 hours ago $0.05 earnedOG Anonymous & NFT Expert Jeremy Ryan aka NFT Demon
51.4K7 -
26:01
Lady Decade
19 hours ago $0.02 earnedIs the Atari Jaguar worth playing in 2025 !?
19.7K11 -
11:08
ThinkStory
13 hours agoWELCOME TO DERRY Episode 1 Biggest Theories & Hidden Details
23.8K2 -
4:33
Buddy Brown
19 hours ago $0.66 earnedWatch EBT Users Threaten to Come to Our Homes & STEAL FOOD on Thanksgiving! | Buddy Brown
23.7K25 -
2:07:03
BEK TV
1 day agoTrent Loos in the Morning - 10/29/2025
27.3K1 -
15:09
BlackDiamondGunsandGear
13 hours agoTop 5 Pistols UNDER $400
62K21