Learn INIFINITE BANKING CONCEPTS with the one and only CHRIS NAUGLE!

[@WellDressedCaveman]

Did this...just loaned myself $11k. Buying a boat, some gifts for my wife and taking care of a little bit of taxes. I'll pay the loan back using Velocity Banking. I also bought a 2007 Freightliner, to start a trucking business. Thank you Christy...my family's life has changed for the better, thanks to you!

[@vallang4832]

When did you start.

[@WellDressedCaveman]

@vallang4832 few months ago...I pay a pretty large premium...10% of my gross.

[@bryanviar4961]

This is awesome I’m excited to get started at age 57 and enjoy retirement with no stress about retirement

[@flip1980ful]

Im 53 and wondering if its too late to start whole life

[@VanntasticFinances]

@flip1980ful. I just started another new one this year and I’ll be 53 soon🙃

[@caba32503]

I am 60. Am I too old?

[@boydaston9325]

So helpful Chris and as always Christy such a blessing . God is good

[@vislander3214]

I would like to know what your commission is for setting up the policy and how long would it take for me to take out money to pay off my CC debt , car loan, and part of my mortgage? Also would I need to put a lump sum into the policy to start or is it just the monthly?

[@scoobydoo3322]

His commission will depend on how your policy is structured. And the structure depends on what you want to do with this policy. In your case, you want to pay off debt faster. I'm not giving you financial advice here, i am simply a user of this product (never been an agent nor will i ever be). Using a policy with numbers as an example : i use a 90/10 policy. That means if i pay 10k a year in premiums, 9000$ will go towards Paid-up additions and the other 1000$ goes towards what you call "base" premiums. And in this case, The agent would make a commission of roughly 55% off of the Base (1000$). So in these cases, the agent makes peanuts. But you as the policy holder can borrow up to 90% of your cash value in the first 30 days of opening the policy. For me, i started borrowing earlier than that. Now, if you only pay the premiums and have no money to put into the "cash value" part of the policy, youre gonna have to slowly build it up. Because if you put 2000$ and can borrow 90%, that's 1800$. You can start with this but it will take more time. Infinite banking is especially fantastic for someone with very good cashflow and even better if that person has a good sum to dump into the policy.

[@JCBinder7]

Christy - this is absolutely genius. I do need to hear this in “your words”. PLEASE do more videos elaborating on this topic!!!

[@dalecovercomedy]

This guy sounds like QVC

[@dreamcreationmedia4000]

Thanks so much Christy.

[@RolandoGayo]

What company should I use for infinite banking?

[@gabycam]

Thank you Christy and Chris, I just got my first bank. Thank you for sharing this amazing info.

[@cherriethomas9538]

Perfect timing i have credit cards an now the interest is going crazy. I was thinking of doing consoldition but i dont like losing my good credits. Thank you

[@TheReviewPigeon]

very cool, nicely explained and broken down for my confused brain. Personally dont think i'll need the Whole life setup like that, but cool either way

[@solarjudgement4575]

Everyone needs it

[@lesliemaness999]

I just love this concept. Amazing 😊

[@SplinterFarmstead]

Would one make monthly deposits (payments) or is it better to pay a chunk at one time for an infinite banking policy?

[@americanmambi]

Thank you for all these golden nuggets!!!

[@TheFxhound]

So much value in this amazing video!

[@amolano74]

WOW!!! this is awesome! Christy, have you tried combining this with Money Max?

[@tomv1335]

Question-he said in his exsmple the death benefit is 500,000. And said that if he would pay off his 5000 loan. Then he subtrscted it ftom the desah benefit. My quedtion is, can you take loans in the 1st yesr based on your death benefit you signed up for? Or is it bssed on the balance of what you deposited? So if ive deposited 2500.00 6 montgs in 1st year can i only take 2500 or can i take up to whatever my desth benefit is? Thanks

[@FanaticalMom]

You can only take a percentage of what you put in. So if you did a 90/10 whole term you would be able to borrow the $2500-$250. I believe that is how it works.

[@mariaines4508]

This one was awesome guys. I am glad you spoke a little bit about the cheapest policy for older adults. I am 57 would like to know if it better for me to get one on my 21 or 29 yrs old boys to get a better deal. Also what is the approximate cost of getting one of those properly designed Whole life insursnces? My max is about 10k per year. Is that even possible?

[@holly52ful]

You can do it with IUL’S!! The insurance company has a provision that allows one to borrow from their policy. If you don’t pay it back?, it they deduct it from the death benefit!! Also, all your gains are tax free!! There are many ways to put these policies together!! You can be the owner of the policy on your sons!! Away, it can be done!! The wealthy have been using life insurance for financial gain and tax free.

[@Keto_Mike]

What is the difference of doing this versus using margin on your investment account? Better rates?

[@Keto_Mike]

@Jesus-kt5dc 🙏 thanks brother

[@EyeLukMusic]

I've watched countless videos on this, and have been wanting to start, yet not one person says anything about which companies offer this type of policy, only selling a program or course. Can anyone actually recommend where to shop an actual cash value whole life policy thats set up this way?

[@SplinterFarmstead]

With the whole life policy would you still carry a life insurance policy like you'd take out with an employer?

[@VanntasticFinances]

You can, but this is a life policy as well.

[@firehorsewoman414]

Would this work for someone who has a poor credit rating?

[@MichaelSimsRealtor]

Would you be able to take out a line of credit through your infinite banking policy rather than a loan?

[@paulyrockstar2833]

Can I use my Variable Universal Life policy for infinite banking? I can borrow from the cash value.

[@mountainlovingmomma6341]

Question; I found this concept late into our mortgage. I’ve been paying extra principal payments for years & have brought our balance from 380K to 170K @ 3.625%. Our payment is $2550/ mo, escrow is $660 of that. This month we paid $550 in interest. Do you think it’s still worth it to do this when we’re so deep into our mortgage? Our income is 10k, expenses about $6000 which includes the mortgage & paying off the CC’s we use for our expenses. We have an untapped $125k HELOC available. @ 9%. We also have an agonizing $125K home repair that we’ve been dragging our feet to start. It’s like a slap in the face after working so hard to pay down the mortgage & feeling so close then to have this required repair. Ugg.🤦🏼‍♀️ Any advice would be super appreciated!! 🌷

[@cynthiamerryman]

Watch more of Christy's videos. You will understand it more, remember it's not about your emotions, it's all about the numbers!

[@pedrocarrasco5576]

I started a whole life and abandoned due to job changes and life events. I am 60 now and which I would have known this concept 20 years ago. Do you think concept can still help

[@marshallwise1763]

Do you pay the interest on the insurance policy?

[@juliem2538]

So sad I didn’t know to set this up for my kids. But, trying to get policies started for my grandkids. But my kids will need to have policies in place (at last term insurance) first.

[@stephzinsmeister662]

But what if banks go down? Are your insurance policies/money covered? We have something called “bail ins” in Canada and our money is “insured” up to 100k in bank accounts

[@magical1717]

How do you book a coaching call with you? Yesterday I was able to look at the calendar to make an appointment for a call and today its not there for August? Is there a link or different website its a 404 error when I click on book a call

[@jaimeLopez-kt4kp]

Hello Chirty what is the link . I want to get this beautiful life insurance.

[@VanntasticFinances]

The link is in the description below, should be the first one! 😊

[@denisebarker9288]

How can I contact you to start the velocity fir myself? I have an adult daughter and granddaughter. They live with me and I want to change things financially.

[@kaitlinbeste]

My car payments are required to be paid through a checking account as well as credit cards/personal loans. Does anyone have this problem and is there a go around?

[@hangemhigh3578]

Your personal line of credit is hooked to your checking account.

[@TheMobrien70]

I could be wrong but it sounds like there is no car loan you borrow from the policy pay cash for the car and pay the policy back. This is new to me still learning

[@Keto_Mike]

What is the best bank to get a heloc on?

[@d.carveth8703]

I keep asking same question and Never get an answer!

[@VanntasticFinances]

Your local credit union usually works best with community.

[@tomv1335]

First lien heloc, try FSB. First State Bank in TN. THEY HELP YOU WITH A 1ST LIEN HELOC. For judt any heloc (2nd lien) you can go anywhere. Try your currrnt mortgage bank or any credut union. Its the 1st lien helocs that are harder to find.

[@Chris-bp1ks]

Will age affect getting this type of policy? I'm in fairly good health but now a senior.

[@rajrai4086]

I have a New York Whole life but i wonder if they expire like the other life policies?

[@PaulRadabaugh]

Does the Money Max Account do the same concept with Chris’ IBC?

[@NikLyons]

I wish I understood this. I just don't. I've always heard about being your own bank, setting up a "Trust" or "Whole Life insurance". It's just very complicated

[@2BlackQQeyes]

So can you borrow from yourself the first year?

[@VanntasticFinances]

Yes @2BlackQQeyes

[@JourneywithEsther]

Wow!! Just wow

[@MariaMartinez-fg4nr]

Can we still do it at 65 years old?

The infinite banking link is no longer available. Seems like a scam.

[@kristilopez864]

When I click the link it tells me it’s broken?

[@piedpiper7051]

I don't even see a link related to this video.

[@VanntasticFinances]

Just Updated it! The link is in the description below, should be the first one! 😊

[@piedpiper7051]

@@VanntasticFinances Thank you Christy!

[@julieescher1574]

What about fees for HELOCS?

[@Muddface100]

👏👏👏 Excellence

[@Kathy-y7e]

Yt wouldn't post my question regarding actuaries and their data post CV.

[@LisaJackson198]

How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards

[@Mark_lee567]

Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager

[@Mark_lee567]

Mrs Caroline Arnold

[@-lz3lw]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

[@AlexCarter569]

Yeah that's right I think it's right to invest with professional at least it saves the trauma of too much loses

[@PeterStevens25]

~Mrs Caroline Arnold was my hope during the bear summer last year. I did so many mistakes but also learnt so much from it, and of course from Caroline Arnold. She is my number one when it comes to crypto and TA.

[@leepressley7456]

What's the age cut off. I am 65

[@sunoveristambul]

MIKE,,,,in Utah,,,,,

[@mdotson4]

Where’s the link to get Infinite banking started? I May have missed it.

[@VanntasticFinances]

The link is in the description below, should be the first one! 😊

[@alancosens]

Where they lose me on this is the 4% per year when our inflation is probably between 18 and 25% in reality. So OK I guess instead of losing 20% per year to inflation you’re only losing 16%.

[@xoxoitsagirlthing]

so where do I apply for a policy?

[@VanntasticFinances]

The link is in the description below, should be the first one! 😊

[@Kathy-y7e]

My grandparents bought a life insurance policy for me as a toddler. When I was in my late 20's I cashed it out for $796.00 What went wrong?

[@conniehurney9546]

can a 66 year old do inifinite banking?

[@manifest.natasha1987]

How about an IUL?

[@nathankohuth8364]

Where is the interest cost of the loan being factored in here? I understand that the cash value is growing based on the non-loaned amount but when I see the total loan amount, it’s not growing year to year nor are there extra premiums being paid annually. The net cash value is shown as the total cash value minus the loan, which is accurate, but nowhere on here do I see interest. $80k loan at 5% is $4,000/yr interest costs and it’s not clear where that’s factored in the spreadsheet. Thank you!

[@AHMEDALI-uw4hr]

Would you do a program on Whole life insurance vs IUL

[@WellDressedCaveman]

You can't do what Chris is talking about with an IUL.

[@holly52ful]

IUL are the greatest and most versatile policies one can have. Your gains are tax free- you do this through a loan against the death benefit. Your gains are much higher in an IUL vs whole life!! Give me a shout back?

[@WellDressedCaveman]

@@holly52ful good luck

[@AHMEDALI-uw4hr]

I'd like to see a detailed program on these two concepts and all the pros and cons they come up with

[@type1veganmama154]

Can I assume that I will not be able to get a policy as a type 1 diabetic?

[@grandpabuck213]

you can always take one out on a younger relative if they say no.

[@reginasipes4248]

In my recent experience, my physical condition was a questionable factor. I still got a policy, but my base rate was greater than someone in better shape. So don't discredit yourself until you actually get an answer from the insurance company. I hope that helped.

[@WellDressedCaveman]

Reverse your diabetes with carnivore diet.

[@holly52ful]

You can still get a life policy!

[@amaldonado8641]

You can reverse diabetic...! Watch Dr. Berg! Nothing its free! Work around your eating habits. Dont let your health ruin your happiness. 🙏

[@violaauvil2374]

Couldn’t find the link. I would like info

[@VanntasticFinances]

The link is in the description below, should be the first one! 😊

[@cryptohashman1495]

The link for infinite banking does not work. It says the link is broken.

[@VanntasticFinances]

Just Updated it! The link is in the description below, should be the first one! 😊

[@flip1980ful]

Im 53 and wonder if its too late to start whole life

[@VanntasticFinances]

Same age here and started a new one this year.

[@carriewarren1260]

The link is broken.

[@VanntasticFinances]

Just Updated it! The link is in the description below, should be the first one! 😊

[@celestinejewel]

Is there a age limit? 65

[@melindasmith2169]

And Dave Ramsey says nothing but term life. I think we’ve been led astray.

[@katherinenickerson5688]

I'm old; 69. Is it too late for me?

[@JohnnyParker-we4nf]

A healthy 30 yo whole life policy costs about 450 dollars a month. 200. 00 won’t cover your example

[@chriswood4510]

I’d need some numbers in front of me to see what they charge for the life insurance, I pay $56 a month for a million on term insurance. I’m 35. I bet they would over charge for the policy and then the benefits wash away because they collecting too much. Even $150 a month the. Your just buying a lending tool and your basically paying no difference than high interest loans. Either way. You can’t get something for nothing.

[@JCBinder7]

How do I get one of these Whole Life policies NOWWW!!!!

[@contagiousreligion]

The link doesn't work.

[@VanntasticFinances]

Go here… moneyschoolrei.com/christy