Cheap Money, Passive Income, & "The shorter the payment period the better for IBC®" (BWL Q&A #26)

"Why can't I borrow cheap money from a third party lender and practice the Infinite Banking Concept®? How do I start at age 71? What's a client relationship with James and the team like? How do I utilize a policy in passive income years?" All of these great questions are answered in today's Q&A. As always, we hope you enjoy and thank you for listening! Make sure to send your questions to james@bankingwithlife.com and have them answered on the show!

Today's Questions:
0:22 - Both Cheap Money & IBC®?
3:08 - Starting at 71
4:03 - Out of room for additional interest payment
5:36 - Client relationship with James C. Neathery & Associates Inc.
7:11 - Utilizing policy in passive income years
10:37 - Life Insurance companies that use crypto currencies
11:37 - The length of time it takes to get started
11:57 - Clarifying "The shorter the payment period the better it is suited for the purposes of the Infinite Banking Concept®"

The Q&A series is designed to help you become more knowledgeable in the Infinite Banking Concept®.

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Disclaimer:

All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.