Banking With Life Podcast Banking With Life Q&A - Episode #20
The Q&A series is designed to help you become more knowledgeable in the Infinite Banking Concept®. Email us at James@bankingwithlife.com if you have a question you'd like answered in the series!
Today's Questions:
0:27 - Positive comment
1:50 - What's flawed with the 90/10 or 10/90?
4:42 - Mutual insurance companies and cheaper premiums
7:00 - Too old to become your own banker
7:27 - Who payments are made to
7:43 - "You're really just borrowing your own money."
13:49 - Cash value is tax deferred, but not tax free
15:07 - Number of loans that can be taken out at one time
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