How the Wealthy Pay Off Debt and Buy Cars Without Using Their Own Money

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On todays Wealth Webinar Chris Naugle and Brent Kesler from The Money Multiplier explain how you can become your own bank using the Infinite Banking Concept (IBC). Brent gives examples of how to use the policy to pay off debt, buy cars and plan for retirement. We all have access to the same financial tools as the wealthy. They just know how to use them differently.

To get started with your own Banking Policy, just like the wealthy do! Follow these steps... 1️⃣ 2️⃣ 3️⃣ ...

WE DO THIS ALL DAY EVERYDAY, DESIGN, APPROVE, AND GET YOU STARTED.
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DISCLAIMER. The information presented in this video is for educational purposes only and should not be taken as investment advice. Investing involves risk and any decisions made based on the information presented in this video are solely your own responsibility. We encourage you to do your own research and consult with a financial professional before making any investment decisions. We do not endorse any particular investment or investment strategy, nor do we guarantee any specific outcome or profit. Past performance is not indicative of future results and investing involves the risk of loss. Thank you for watching and we hope you find this video informative and educational.

[LucasBenjamin-hvsk]

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.

[JefferyDuns]

I love how you take your time to educate your viewers we all strive towards financial stability and a better Life. It is easy to achieve this through the right investment, by living frugally and budgeting. I'm glad I learnt early in life to work hard for financial freedom

[donm]

I have been my own bank for over 50 years, I bought homes, cars and everything cash, I enjoy being debt free and anyone who hasn't enjoyed being debt free is missing out .

[Christensen]

At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.

[DarthVizzle]

Fam this is the BEST financal advice video I’ve ever watched in my life! This is potentially life changing and all it takes is one simple extra step! And mind blowingly simple…I wish I knew this information 15-20years ago😭❤

[loganetaylor]

You are leaving out a tremendous about of the details here. Like direct recognition vs indirect recognition loans (which has a huge impact on performance outcomes) additionally the use of Equity lines rather than loans to minimize direct impact to the policy in the case the policy is direct recognition, as well as the minimum and max paid up addition riders to these policies (which may not allow you to add additional interest when paying yourself back) that can get people into some sticky situations if they are not fully aware of their responsibilities. I would love to talk with you all about how you navigate these intricacies. The concept is great, but it leaves so many unanswered questions to the new learner. I do have two of these policies and actively use them when buying investments but not in the way of paying myself back with interest as there is only so much money that can be injected into them each year. Would love to hear your thoughts on how I could optimize.

[DoctorSlye]

Wow! This is mind blowing!!! I'm surely in for a new beginning. Thanks so much, Mr. Kesler, Chris and Hannah.

[duganflynn]

CHRIS, BRENT, HANNAH SET ME ON THE PATH TOWARDS FINANCIAL FREEDOM... 💥💥💥♥️ THANK YOU‼️‼️

[brettgeaman]

I have a zoom call with Jose from pmc, and am scheduling am appointment with Hanna from TMM team. I suggest everyone schedule an appointment with this team! They work wonders!

[adamwhitfield]

Man, I am SO interested in learning these things never taught to me. However, I just have my job. I don't have any other excess income to put chunks into. So I wonder if it would even benefit a Kat like me who could only put a couple hundred dollars a month into.
But I would pay to shadow this man, and learn EVERYTHING from him I can, to get out of the employee world. And better serve my family. He's living the life I want, and wish I had these teachings coming up. My only real goal is to be able to spend more time with my family, and have the means to do so.

[athena]

So nice to discover this video. I've been my own bank with my policies for over a decade; taught myself.

[jonathonrubie]

I really enjoyed the presentation
you explained it in a way my brain could understand

[winstont]

Anybody that can get and afford 900k debt, does not really have money problems, they have a spending problem.

[OneOfDaKine]

I had this concept to save $5k in a checking account and use that as a credit card. Treat it like a credit card with no interest, late fees and other crap that credit card companies rip you off with

[prestonian]

SPOILER (valuable time saver):They want you to invest in Whole life policies that apparently have no risk and huge returns. But for some reason they need to spend over 2hrs to try and convince to buy them.

All you ever have to tell yourself is " If it sounds too good to be true, it's false".
Why would anyone EVER have to try so hard sell something that was so good!

Don't know about you but I've always found that when something is available to make you mountains of money without working any harder or risking anything, that people flock to it automatically without the hard sell.

[larrycox]

The most thorough, concise, & simply understandable presentation with boots on the ground practical examples of the Infinite Banking Concept I have ever seen. Going to contact Brent ASAP

[eaglefly]

I love this!!! I tell this to my husband we have to keep our money moving with out putting it in the banks. The dollar is loosing value with the more we printing.

[newgardener]

Anytime you look at insurance with a cash value, you are always 10 time better off separating into pure term insurance and an investment vehicle. In the illustration at 59 minutes, if you work these independently the value of a 12% mutual fund return realizes over a million dollars that you own. If you die being covered in an insurance policy the cash value is kept by the insurance company your heirs only get the death benefit minus any loans. Do the math comparing a mutual fund to this scheme where the only one making real money is the Insurance company and the agent who got the huge commission.

[PalmiraGonzalez-xh]

I am glad started now better late then never

[jacquelinewalker]

kool, finally someone wants to tell people how it is done. I even ask chat so this is is smart- thanks