EPISODE · Nov 20, 2023 · 18 MIN
Myths, Mysteries & Misconceptions #08: You Pay Interest To Borrow Your Own Money
from DURHAM TALENTS CHANNEL · host JESSE W DURHAM
“With Whole Life Insurance Policies you pay interest to borrow our own money.” NOPE. Not even close. NO. Incorrect. In this episode we clear up the myth that “you pay interest when borrowing your own money” from a life insurance company. Cost of capital, contractual access, Economic Value Added, BANKING and more come into this conversation. There’s more to this misleading statement than at “face value” (pun intended;) Let’s clear this myth up! YOU can become your own banker. LIVE & LEAVE A LASTING LEGACY If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at: www.durhamtalents.com LIVE & LEAVE A LASTING LEGACY All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.
What this episode covers
“With Whole Life Insurance Policies you pay interest to borrow our own money.” NOPE. Not even close. NO. Incorrect. In this episode we clear up the myth that “you pay interest when borrowing your own money” from a life insurance company. Cost of capital, contractual access, Economic Value Added, BANKING and more come into this conversation. There’s more to this misleading statement than at “face value” (pun intended;) Let’s clear this myth up! YOU can become your own banker. LIVE & LEAVE A LASTING LEGACY If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at: www.durhamtalents.com LIVE & LEAVE A LASTING LEGACY All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.
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Myths, Mysteries & Misconceptions #08: You Pay Interest To Borrow Your Own Money
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