INFINITE BANKING MIXED WITH VELOCITY BANKING for Dummies, FEATURING CHRIS NAUGLE

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Thank you both! Ive been applying velocity banking the past nine months and its amazing how I've accelerated my debt repayment. I openned my first four policies for myself and my family just last month and I'm looking forward to having all my remaining debts moved over to our family banking system by the end of the year.

capogiraffe
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Please do an infinite banking scenario for someone who has no debt but wants to build wealth.

vickiesmith
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Thank you both!! Imagine us becoming individual banks to make money for ourselves and our family. Now that's sweet to our futures! Right tribe? 🤗🙏🥰

motherofpearls
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Remember if we start with hardly anything we have to take steps, 4 digits is hen move to 5 in a couple years, then 6 in a few, it’s a marathon not a sprint

Jefwild
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I nearly fell out of my chair laughing when he said they will just take the loan out of the death payout 😂 this is exactly what the wealthy do: use unrealized gains on assets they don’t pay taxes on

kwerby
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Since I've gotten velocity banking down this is the next thing I want to get down. I'm just not sure about what company to go with. There are so many! My husbands place of employment is trying to get him to sign up for a retirement plan...I told him we need to do whole life insurance instead. I need more info! Pretty please!

sarita
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Knowing how potential reforms may impact market growth is critical as the election approaches. Changes to your investment strategy may be required in anticipation of legislative developments, as well as repercussions on sector performance and market movements

HelenChaseKiddyEnamaine
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Where do you get the $1000/month payment for the insurance policy? Looks like total monthly cost is 1108 for both loans + 1000 for life ins. Premiums = 2108 and only bringing in 1250 month....

CarlosRamos-fr
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@ Vanntastic - Please post a video that people born with Pre-Conditions can do. Life insureance policys are not avalible to us.

charlessmith
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17:44 a loan against your death benefit also comes with intrest correct? If so he didn't mention it.

StillNotSpeaking
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Using Velocity banking now to pay off our mortgage, question for Chris - both my wife and I had cancer in the past (2018 for her, 2022 for me) would we even be able to get whole life policies? We currently have no life insurance

mikeguerin
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When he says pay the heloc back with the money you will “save” and dose not show where it comes from and what savings it comes from I get lost there…. What “savings” because the money from the payment on Credit cards and car payment is not being saved its being paid back to the whole life insurance… so their is not savings to pay back the 100K.… can someone help me understand what I'm missing? Also dose this require good credit or just good equity in the home ?

HeatherCohen-fluf
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Does this strategy also work with a personal line of credit instead of a HELOC?

makayliegutierrez
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Thank you. Would someone know similar possibilities in Switzerland? Which bank or insurance are offering this type of products allowing to implement this type of strategy?

olivierwiesne
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I missed the part where he paid back the HELOC. How does that even happen?

WorkingClassOutdoors
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I am sick to my stomach. We started be your own banker and I was so excited but the gentleman we signed up with did not understand it and we never implemented paying off our own bills with the BYOB concept. Here we are 22 years later and Close to retirement and in debt. My husband has a life insurance policy, but I do not believe it is the type that we can do the BYOB with. We’ll have to start all over or perhaps you could provide some insights on what to do with the current life insurance that we are already paying into a big black hole. Thank you, and God bless the work you do!

llamb
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How do you figure $700K death benefit on a $100K policy? I missed that part.

robinwillis
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I want to know how if this works in NZ

rikxsmith
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Honest question, why would I need infinite banking if I don't plan on financing purchases in the future

acaflooring
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Thanks you both. I am actually in closing process using the Traditional 30 year fixed conventional loan. How/may you please help me? I would love to start off using the first lien position HELOC.

obidijerry