Listener Question - Borrowing for Vacations? - Episode 178

Summary: Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel take on a listener question where Ben asks if one should use a policy loan to pay for a vacation and other expenses. Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links in this Episode: Free ebook - www.partners4prosperity.com/ebook Book recomendation - Live Your Life Insurance Submit your questions [email protected] Show Notes: 00:00 Introduction 00:32 Today's topic: Listener Question 02:17 Here's what to do if you truly want to be your own bank 04:08 Why it's important to be borrowing to invest no borrowing for consumption 06:41 Using convertible term policies 09:00 The typical rate of return for dividends on an insurance company 10:30 Book recomendation: Live Your Life Insurance 11:38 Easiest way to start saving 20% of your gross 13:29 Save 10% more by looking at your taxes or creating a home based business

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Listener Question - Borrowing for Vacations? - Episode 178

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This episode is 15 minutes long.

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This episode was published on April 6, 2017.

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