Banking With Life Podcast All I Want for Christmas is IBC® - *Christmas Special 2021* - (BWL Q&A #29)
Ho! Ho! Ho! Meeerrryyyyy Christmas! Have you been naughty or nice this year? Well either way this Christmas Eve we have a very special Q&A for all you boys and girls with Mr. Neathery-Clause here to answer your Infinite Banking questions!
Today's Questions:
1:18 - BYOB Equipment Financing Illustration Clarification
3:43 - Guaranteed & Non-Guaranteed Meaning
4:33 - Compounding vs. Simple Interest Clarification
7:15 - How to Know How Much Interest You Have
8:39 - New Policies as Income Increases
10:36 - How Military Insurance Affects IBC® Premiums
12:39 - What "Initial Face Amount" Means
13:47 - Premium Payment Timeline Clarification
16:33 - The Amount of Loans Allowed Out At Once
19:14 - Dividends Paid on Base Premiums or All
20:21 - Rate At Which "Extra Funds" Are Paid (Base Premium & PUA)
21:51 - ??? 🎅
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Implement the Infinite Banking Concept® with the Infinite Banking Starter Kit... The Starter Kit includes Becoming Your Own Banker by R. Nelson Nash and the Banking With Life DVD by James Neathery. It's the perfect primer for everyone interested in becoming their own banker.
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Disclaimer: All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.