Manage episode 332201170 series 2486728
Are there secrets behind infinite banking and whole life insurance?
Lane is joined by Chris Miles of Money Ripples, he’s an anti-financial advisor and a cashflow advocate.
They talked about why and how infinite banking is superior as compared to heloc and banking institutions.
For Chris Miles, banks tend to cut down your line of credit without you even knowing or giving any warning. While in the whole life insurance there’s no threat of market risks, or your house being depreciated.
For those who are new to the concept of infinite banking, visit https://simplepassivecashflow.com/bank, and don’t be turned off with whole life insurance.
1:32 Market Update
6:21 Infinite Banking: Further Explained
13:03 Option to Use Your Insurance
15:36 Collateralized/ Secured Line of Credit
25:53 Limitation of Infinite Banking Technique
30:50 Paying Bills With Life Insurance
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