2292: MONDAY MASTERY - What You Need To Know About Infinite Banking (An Alternative Investment Concept) by Kalen Bruce

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Investing, Business, Education, Self-improvement

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🗓️ 1 May 2023

⏱️ 9 minutes

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Summary

Kalen Bruce of Money Mini Blog teaches you about infinite banking Episode 2292: MONDAY MASTERY - What You Need To Know About Infinite Banking (An Alternative Investment Concept) by Kalen Bruce Kalen Bruce is the founder of MoneyMiniBlog. His story is simple… he and his wife were $24,000 in debt and became a student of finances to get out. They are now debt-free and building wealth. Kalen shares everything he has learned on his blog, writing informative, entertaining, mini blogs to help you with your finances. Finances can be intimidating, so he keeps his posts short, sweet, and simple. The original post is located here: https://moneyminiblog.com/investing/infinite-banking/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	This is Optimal Finance Daily Episode 2292, what you need to know about Infinite Banking
0:06.6	and Alternative Investment Concept by Kaelin Bruce of MoneyMiniBlog.com.
0:12.6	And I'm your host and personal finance enthusiast, Diana Mariam.
0:16.5	This is another Monday Mastery episode here on Optimal Finance Daily, where each Monday
0:21.4	we take a look at an article that features a more complex personal finance topic.
0:26.6	So with that, put on your thinking cap as we get into this next article and start optimizing
0:31.5	your life.
0:36.7	What you need to know about Infinite Banking and Alternative Investment Concept by Kaelin
0:42.2	Bruce of MoneyMiniBlog.com Although Infinite Banking has been around for decades now, there
0:49.0	are still many individuals and investors who know very little about this strategy.
0:53.8	And while many are aware this system is based around high cash value life insurance, they
0:58.6	still have very little understanding of just how Infinite Banking or cash value life insurance
1:04.1	works, and how it can be applied to many of those looking for safer ways to plan and
1:09.0	save for retirement.
1:11.2	This article will answer some of the more common questions about Infinite Banking, so you
1:15.6	can have a clearer picture of just what this concept is, how it works, and whether or
1:20.4	not, it's something you should consider researching further.
1:24.4	What is Infinite Banking?
1:26.9	The Infinite Banking Concept, first developed by Arn Nelson Nash in his book Becoming
1:32.0	Your Own Banker, is based around a specifically structured cash value life insurance policy
1:37.8	that's created to favor cash value growth over base life insurance.
1:42.9	The concept utilizes the liquidity inside of a high cash value life insurance policy
	...

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