The TRUTH About The Infinite Banking Concept!

A deep-dive into the truth about the infinite banking concept and becoming your own bank.

Does it make sense for you to bank on yourself with one of these custom-designed cash value life insurance IBC accounts based on the financial coaching done by Nelson Nash, author of Becoming Your Own Banker?

The Infinite Banking Concept is one of the most exciting Debt Weapons out there!

Find out if becoming your own banker is a good fit for you and your family by emailing MC at:

Please include your name & phone number in your email and 'IBC' in the email description.

Matthew Pillmore, president of VIP Enterprises, is joined again by Infinite Banking Concept expert and host of the Cashflow Ninja Podcast, MC Laubscher, to uncover the critical components and deciding factors for those interesting in uncovering the Infinite Banking Concept for their own financial strategy.

Will this popular Debt Weapon work well for you and your financial goals? Find out in today's episode!

Don't forget to sign up TODAY for your exclusive one on one consultation at:

Get your FREE Cash Flow Cruncher budgeting spreadsheet here:
It's way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel!

Are you getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you!

Want more actionable financial tips and tricks like this one? Check out our YouTube channel here

Make sure to check out our social channels for more insight and industry news!

Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content.

Guest appearances are for educational and informational purposes only; they do not constitute an endorsement or an approval by VIP Enterprises of any of the products, services or opinions of the guest(s). Please conduct your own due diligence and research prior to making any decisions about the products, services or opinions discussed in this video.

#InfiniteBankingConcept #BecomingYourOwnBanker
#BankOnYourself #InfiniteBanking #IBC #BecomeYourOwnBanker
#IBCGlobalInc #EstatePlanning #Dividends #InfiniteBank #Explained

[VIPFinancialEd]

Are there any questions you'd like us to cover in our next video on the infinite banking concept?

[Deus_Intus]

Far and away the BEST video I've seen on the infinite banking concept. From the explanation of what it is, what is best used for, and especially at what point of your financial journey you are on as to whether or not it's a good fit. Seems like many other channels seem to skirt around specific dollar amounts where this concept could work for you, when it should be the number 1 consideration, instead of overextending yourself monetarily for something that isn't even truly needed at a certain time. Like you said, sometimes it is nice to be ruled out.

[businessmanager]

Pay yourself 1k a Month or more when you can on a Monthly basis. Keep cask on hand and manage your money. Mentally discipline yourself to pay yourself. It works. You do not need a Middle Man to manage your money people. 10 a year into an insurance policy with a death benefit. Sound good. Control your own money discipline you can do it save plan and believe

[michaelgabardi]

Matt, good to see you bring up IBC again. A couple of comments. MC didn't cover this when you were questioning the death benefit. The death benefit always has to be higher than the cash amount by a certain amount (MEC limit) to keep the policy from becoming a MEC (modified endowment contract), or simply stated....TAXED. As long as the policy is structured properly the policy is always tax free, even upon distributions at retirement. The death benefit increases as the cash grows to ensure the MEC is never breached. This is done by a specialized rider. For your viewers, this is not a typical whole life policy that you can go down to your insurance agent and have them write up. It takes a agent that specializes in it. Great topic Matt!

[joeljames]

THANK YOU FOR ASKING ALL OF THE HARD QUESTIONS. YOU ARE THE ONLY PERSON I HAVE SEEN DOING THIS.

[beekaye]

Matt, you guess today was a breath of fresh air. I have been studying the IBC concept for a few weeks and many videos. Most move over key points and today I was just perfect. I appreciate this so much. Keep up the great work and keeping everyday people informed.

[ArupBhanja]

Also you can borrow against the IUL and earn an interest on the amount you borrow at the same time and pay off your mortgage or down payment for a new property.

[harleyd]

The cash value is PART of the death benefit created by premiums paid coupled with investments made by the insurance company.

[michaelgabardi]

I would like to add one last thing for your viewers, Matt. It sounded like MC stated that guaranteed growth rate of 4% And 6-7% dividend. I think he meant 6-7% total return. But keep in mind that a 7.5% return in the market, such as a 401k investment (taxable) equates to a 5.59% tax-free account :) Assuming average American household at 22% federal tax rate and average 4.5% state tax rate.

[JWSC]

Thank you so much Matt! Much appreciate this video. What about MECs?

Depending on how you let plan gets structured MEC limits would be a huge issue.

Would you guys be able to talk about MEC limits please?

[Patso]

I'm still unsure about this concept, only for the reason that it's an excellent idea when your young, however, the older you are (like me), the less "financially appealing" it becomes. Mostly due to value of "Death Benefit" significantly declining, as you age. Also, the "Cash Value" doesn't start to equal what you put in it for multiple years. Not appealing to someone older.

[rachokah]

The interviewer is awesome 👏. He was speaking my mind. OMG 😳

[CSSZiegler]

Matt, you finally got the right person that properly represents the Infinite Banking Concept

[ArupBhanja]

Ever heard of Tamra, DEFRA in IUL how to get tax free and link to S&P500 without losing a cent but often making 11-15% annually?

[apriltownsend]

I appreciate the hard questions being answered thank you so much

[dtrelzmusic]

This is the best most honest video I had seen on IBC, how do I be apart of your team when I want to come onboard???

[matthewkeith]

This was a externally great video I learned a lot and I appreciate the fact of you in a way playing devil’s advocate and explaining the good with the not so good in a investment strategy like this one

[ndj]

Thank you, I thought you were going to rule 60 & over out. I have a pension with a 401K & 457 and wondering if this would be good for me.

[gabrielrockman]

How should a person decide between a VUL, IUL, or Whole Life when setting up an infinite banking system for themselves?

[caelyusalmeyda]

both are good communicators. appreciate it.