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Digital Social Hour

This Financial Strategy Will Change Your Life Forever I Devin Burr DSH #468

Digital Social Hour

Sean Kelly

Self-improvement, Education

51.1K Ratings

🗓️ 23 May 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

🔥 Ready to revolutionize your financial future? In this episode of Digital Social Hour, Sean Kelly is joined by Devin Burr to unveil a groundbreaking strategy that will change your life forever! Devin discusses the power of Infinite Banking—a method that allows you to save and spend simultaneously, protect your assets, and grow your wealth tax-free. 🚀 From retiring his own dad to leveraging life insurance policies for maximum gains, Devin breaks down how anyone can build and protect their wealth like the elite. Learn the secrets of compound interest, asset protection, and how to avoid the common financial traps that erode your wealth. 🏦💰 This isn't just any financial advice; it's a game-changer. Plus, hear about Devin's incredible journey from the grind of a 9-to-5 job to achieving a net worth of over $6 million in just a few years. 😲 Don't miss out on these life-altering insights! 👉 APPLY TO BE ON THE PODCAST: https://forms.gle/D2cLkWfJx46pDK1MA Join us as we dive into topics like reverse mortgages, tax-saving strategies, and why traditional retirement plans might be holding you back. Tune in and transform your financial approach today! #Podcast #SeanKelly #DigitalSocialHour #InfiniteBanking #WealthBuilding #FinancialFreedom #ApplePodcasts #Spotify #Instagram #BusinessInquiries #Sponsors #SaveInvest #FinancialControl #BuildingWealth #MoneyManagement #DigitalSocialHour CHAPTERS: 0:00 - Intro 0:45 - What is Infinite Banking 4:28 - Where do you put your assets 6:46 - How do you avoid taxes 8:31 - How do you use the money 15:07 - Why You Shouldn’t Contribute to a 401k 18:00 - What Triggered Your Mindset Shift 19:50 - When You Quit Your Job to Pursue Real Estate 21:09 - How to save 40% of your income 21:51 - How to make 400% returns 25:20 - How to buy real estate with life insurance 29:58 - Where to Find Nate 30:00 - Learn More About Nate’s Strategies BUSINESS INQUIRIES/SPONSORS: [email protected] SPONSORS: Deposyt Payment Processing: https://www.deposyt.com/seankelly LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My dad, he wanted to retire this year. I actually retired my dad, which was like the coolest

0:04.3

feeling ever. His big thing was like, I want to leave this house to you kids. Pay your home off really slow, don't pay it off fast.

0:10.8

You can't use it unless you get a refinance or an equity line.

0:14.0

He wanted to like pay this house off

0:16.0

so when they pass away they can give something to us kids.

0:18.0

We don't want the house, we're just gonna sell it to get the equity.

0:21.0

So I told them I'm like,

0:22.0

Dad, do a reverse mortgage.

0:24.8

Your balance will slowly go up, but you've got no payment.

0:27.6

Wherever you guys are watching this show, I would truly appreciate it if you follow or

0:35.7

subscribe. It helps a lot with the algorithm. It helps us get bigger and better guests, and it helps

0:40.5

us grow the team. Truly means a lot. lot thank you guys for supporting and here's the

0:44.2

episode. All right we're talking infinite banking today about to save you guys a ton of money.

0:48.8

Devon Byrne building my man. Thank you thank you for having me.

0:51.8

Absolutely love being out in Vegas. I try to stay away from the casinos.

0:56.0

I don't like losing money and I lose it every time I gamble.

0:59.0

You're all about saving money, which is infinite banking.

1:02.0

Saving money but also spending it at the exact same time.

1:05.0

It's such a crazy thing.

1:07.0

Most people think you either do one or the other.

1:09.0

You save your money or you spend it.

1:10.0

You save your money or you invest it.

...

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