Round Table | How Do I Pay My Premium AND a Loan Repayment?
The use of the Infinite Banking System provides creative options to make your money work for you. You enjoy access to cash anytime you need to fund a purchase. However, if you're new to Infinite Banking, you might be worried about simultaneously paying your premium and your loan. How can you manage? Today's conversation will give you some amazing insights.
Tune in to this round table as the coaches talk about three things:
The different types of loan repayment.
How to repay a loan for a cash-flowing asset vs. paying loans that were used for expenses.
How to prepare for windfalls and the flexibility that comes with having your own financial system.
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7:56 - How do I pay my premium and my loan simultaneously? Why is it important to talk about this?
14:14 - How do you manage loan repayments?
23:36 - Does it dictate how you will repay the loan depending on what you're buying with it?
28:30 - If you bought something then ended up not having enough cash flow to repay the loan, would that make you question if you are an honest banker and if you did the right thing?
31:00 - Can you give examples of flexibility and windfalls?
37:01 - What can someone do with this information and make the most of it?
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