I got to thinking last night of how to explain IBC to someone who gets nervous at hearing about life insurance. A good analogy would be buying a small amount of gold say $10k and knowing that it would be worth $20k in 10 years. Unless under dire circumstances, one wouldn't want to sell the gold now knowing what it will be worth in the future. However, you would still want access to the money that the gold represents, so you go to the bank and get a loan against the gold you have. If you pay back the loan, you get all of the gold back, and it is worth more because it gets more valuable as time goes on. If you don't pay it back, you don't get to keep the gold and can't borrow against it anymore. Then with an IBC method, you buy more gold every year that you know how it is going to grow, so each year, you have access to that much more capital. While not everyone is comfortable talking about life insurance contracts, replacing life insurance with gold is an easy way to talk about it that anyone can understand. This doesn't even include the dividends to buy more gold, or the death benefit where you get more gold either, but could be an easy way to start the conversation.

I'm Chris, married, 2 kids 1 on the way and I like many others in this group am a veteran. I am involved in a great church with lots of young families, so we fit in well. While I would say I have many interests and hobbies. The thing that ties them together is a love for learning and going deep on a subject. Since learning about IBC, I have read books on economics, the history of banking and the federal reserve as well as other books specifically talking about IBC and how to implement it in one's life.

If you've been an avid listener of The Wealth Warehouse Podcast, practice the Infinite Banking, know David Befort and Paul Fugere, or just want to learn more about becoming your own banker, you are in the right place. To kick us off, feel free to comment how you heard about IBC below!