Ladies and men of great wisdom...I David of House Waller.. have successfully expanded my family banking system in honor of the ever beloved R. Nelson Nash! BOOM!! Praise The Most High for working in mysterious ways. As a 90% rated vet, it was by grace, trust, and the in depth support from @David Befort and @Paul Fugere that this was made possible. Only those who practice Infinite Banking can describe the feeling of taking ownership of a policy and paying that premium. The excitement to put my hands to the plow is 10x on the spot. Imagination topping out at 100. Knowing for a FACT opportunity is locked in on my position and headed my way. I look at my kids and say "you're welcome". All of this and more from having the ability to go into contract on a private, personal level, and be declared guaranteed to WIN. That is all. Good night.

I was playing around with GROK this morning. I know people who have $200k in 529s, and I believe that is x 3 children so actually $600k. Imagine $600k of cash value that could instead be used for any purpose at anytime. In this example the oldest child is in 8th grade so there's years of simply sitting on capital that can only be used for one purpose. Obviously, they enjoyed some serious market growth over the last 13 years but that easily could have been outside of a qualified plan with IBC integration. Luckily, this family knows an astute IBC practictioner who has already developed a solution. If you know someone who is unhappy with the 529 after "rethinking their thinking" send them our way. Have a great week. Paul

Just finished my second go around with BYOB. Having a hard time wrapping my mind around the figures Nash is utilizing in purchasing your own equipment/financing the needs of life. Don’t get me wrong here. I get that my policy grows uninterrupted in the background. That’s not my hang up. In ‘Equipment Financing, Illustrations 1-5’, I’m not getting his math the second time around. Hypothetical, take out a $40,000 car loan. Just for the sake here, we will say I can get 7% at my credit union for 60 months. A policy loan would be roughly the same for arguement here. My basic understanding would be that from the credit union my payment would be $792/mo. To not steal the peas, I take a policy loan, and pay at least $792 back to my policy. Let’s call it $800. My hang up is this: How does Nash get to these tables (p 54, 59-64?) I’m paying back 7% to the life insurance company on the policy loan. Does this only work if I’m putting MORE than I would pay to my credit union into paying back my policy loan? (Say, $1,000/mo?) What did I miss in my two readings to make the numbers work the way he demonstrates?

Yesterday Tammy and I attended a local event to support Smoky Mountain Service Dogs, a wonderful organization. This was a patriotic event with a couple of retried flag officers, and just a bunch of wonderful local community members. Anyway, prior to the event, we went to a neighbor's house for cocktails. Some I had met before and some for the first time. They all knew of us and generally refer to us as the "young people". The average age in my neighborhood is north of 60 easily. Great people. Everyone I spoke with was either a retired physician, retired military, retired business owner, retired airline pilot, or retired highly compensated employee. The doc in fact was a retired Navy captain pediatric surgeon. Not one of them knew of IBC, nor did they own whole life insurance. One man, on the recommendation of his financial advisor, surrendered his whole life insurance policies and used those funds to purchase a long-term care policy-not ideal but not terrible when compared to simply surrendering for cash and doing nothing with it. Of course, I maintained a poker face and commended him while in reality my mind was exploding. Had we had more time I think that I would have asked him, why not have both? I share this to say that if you practice IBC, and control the banking function at your level, you are truly in the elite regardless of your income level. Your mindset and willingness to self-educate are simply amazing traits that you all have and all things considered, will lead to considerably better results than otherwise could have been realized.

I haven't listened to every episode of Wealth Warehouse, so I might have missed it, but an episode with kids/teens who use IBC would be interesting to hear how they understand IBC when they don't have years of being exposed to the traditional routes of 401ks and IRAs.