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Episode 160: Infinite Banking: Why Paying Off Your Mortgage Could Be A Really Bad Idea

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Manage episode 469410328 series 3308339
Content provided by The IBC Guys via Podcast Principles. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The IBC Guys via Podcast Principles or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

"Register here for the upcoming Wealth Warehouse Webinar on March 13th at 5pm CST:

https://us06web.zoom.us/meeting/register/vbmPK1YvQQObamAXPUle2Q#/registration

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Visit our website:

https://www.thewealthwarehousepodcast.com/

In this week’s episode, Dave and Paul examine a box that most people always want to check: paying off their house.

The reality is, prioritizing these payments could be a big mistake – and Paul shares a real-life story that details just how it can happen.

Episode Highlights:

(0:00) - Introduction

(0:54) - Episode beginning

(4:43) - Processing the IBC process

(5:47) - A liquidity story

(8:43) - Mistake #1

(10:08) - “Cash is king”

(15:05) - Not all loans are created equal

(20:42) - It’s all about the way you think

(24:22) - The future is unknown

(25:50) - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

[email protected]

  continue reading

174 episodes

Artwork
iconShare
 
Manage episode 469410328 series 3308339
Content provided by The IBC Guys via Podcast Principles. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The IBC Guys via Podcast Principles or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

"Register here for the upcoming Wealth Warehouse Webinar on March 13th at 5pm CST:

https://us06web.zoom.us/meeting/register/vbmPK1YvQQObamAXPUle2Q#/registration

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Visit our website:

https://www.thewealthwarehousepodcast.com/

In this week’s episode, Dave and Paul examine a box that most people always want to check: paying off their house.

The reality is, prioritizing these payments could be a big mistake – and Paul shares a real-life story that details just how it can happen.

Episode Highlights:

(0:00) - Introduction

(0:54) - Episode beginning

(4:43) - Processing the IBC process

(5:47) - A liquidity story

(8:43) - Mistake #1

(10:08) - “Cash is king”

(15:05) - Not all loans are created equal

(20:42) - It’s all about the way you think

(24:22) - The future is unknown

(25:50) - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

[email protected]

  continue reading

174 episodes

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