Show Notes: https://retipster.com/025-infinite-banking-concept/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=57dJHj8mMZ8 Join Our Community: https://retipster.com/follow/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=57dJHj8mMZ8 Earlier this year, I started educating myself about the Infinite Banking Concept. A lot goes into it (not something I can explain in one paragraph). Still, in essence, the idea is to stop using banks and third-party lenders to meet your financing needs and instead build your own banking system inside of a whole life insurance policy, where you’re able to lend the money to yourself and then pay the money back (with interest) to your policy. When you borrow money this way and actually pay it back (the same way you would if you were borrowing it from a conventional lender), the net result is that you can ultimately keep all of the money you spend on interest by funneling it into your own banking system. While it sounds like a fairly straightforward concept, a lot of considerations go into it (because in my opinion, it doesn’t necessarily make the most sense for every person, depending on their financial situation). In this interview, I talk with M.C. Laubscher, an Infinite Banking Concept expert. My goal with this conversation was to get more clarity on the pros and cons of this strategy and to figure out what I wasn’t being told by other “financial advisors” who were just trying to sell me a life insurance policy. Disclaimer: I am not a financial advisor, so please, do not interpret this blog post or this podcast episode as financial advice. You should talk with your financial advisor to help you decide whether the Infinite Banking Concept is the right fit for your situation. #infinitebankingconcept #ibc #nelsonnash #cashflowninja #retipster #lifeinsurance