Have you ever heard of the infinite banking strategy? The premise is to use a whole life insurance policy to lend money to yourself, using the cash value of the policy as collateral. It’s an intriguing approach, especially for those who have been frustrated with the loan process.
In this clip from episode 86 of The Agent of Wealth Podcast, guest Anthony Faso further clarifies the concept of infinite banking by explaining what it is not.
Listen to the full episode.
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Episode 87 – How to Manage Finances As A Couple with Chris Felton