Oct 15 2024 41 mins 4
Are you worried about making monthly payments during financial crunches? You’re not alone. Many people face this concern. But with the Infinite Banking Concept, you can create your own private banking system, giving you the flexibility to manage your monthly payments and your loan repayments with flexibility. And your money still grows and compounds in your “family bank” while it is deployed in other places. This is called “multiple touches on the same dollar” and it creates the “velocity of money.”
In this episode of the Private Banking Strategies Podcast, Vance Lowe and Seth Hicks, Esq., break down how these policies are designed to adapt to your changing financial needs. Learn how to leverage your policy to use the same dollar more than once in an ever growing, compounding system.
Vance and Seth discuss:
- Self-Financing Benefits: What If You Can’t Repay Your Policy Loan?
- Restructuring Loans for Maximum Efficiency
- Maximize Cash Growth: Borrowing from a Whole Life Policy
- Private Banking Explained: Step-by-Step Guide
To watch this episode, please visit the Private Banking Strategies YouTube channel:
To learn more about the concepts behind Private Banking Strategies®, download a copy of our E-book:
https://privatebankingstrategies.com/resources/free-e-book/
Connect with Seth Hicks and Vance Lowe:
Seth’s LinkedIn: https://www.linkedin.com/in/privatebankingstrategies/
Vance’s LinkedIn: https://www.linkedin.com/in/vancedlowe-rfc-chfc-351479100/
