The IBC Guys

daveibcguys

Dave and Mike, the IBC Guys, talk anything and everything related to the Infinite Banking Concept!

  1. 6D AGO

    |Ep.56| Is Scarcity in Business a Man Made Concept?

    Episode 56: Is Scarcity in Business a Man Made Concept?   Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Mike and Dave pose a philosophical question: Is the idea of scarcity in business a man made concept?  The guys talk definitions, how we’re taught scarcity, and a better option in how to approach the idea that one doesn’t have enough.  When the idea of business is reframed outside of what we are taught, the idea of scarcity tends to fade away in lieu of what actually exists within the business world.  Listen in to see if you agree with the idea or have thoughts that counter the notion that scarcity in business is a man made concept! Also in this episode, Mike tells stories from the 1990’s, Dave gets kicked out of the two-comma-club, and Dave interrupts Mike more than he should.  Join us for an episode that works to help reshape thinking within the business world and how IBC fits into.  Key takeaway: There is a better way than working for 40 years and then retiring.  That is a scarcity mentality.   Resources Mentioned: [Link HERE] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    50 min

  2. MAR 3

    |Ep.55| IBC and the Psychology of Money - Never Enough

    Episode 54: IBC and the Psychology of Money - Never Enough   Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Dave begins exploring how people think about money through the lens of The Psychology of Money by Morgan Housel.  In this chapter, Housel examines the idea of "Keeping up with the Joneses" and its effects on ones’ thinking about money.  Dave then explores the ‘never enough’ mentality through the lens of IBC. This is a GREAT episode to sit back, reflect, and examine your own ideas about money.  Enjoy!   Key takeaway: “Enough is not too little” -Houser   Resources Mentioned: [Link HERE] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    30 min

  3. FEB 24

    |Ep.54| IBC and the Psychology of Money - Luck and Risk

    Episode 54: IBC and the Psychology of Money - Luck and Risk Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Dave continues exploring how people think about money through the lens of The Psychology of Money by Morgan Housel.  In this chapter, Housel examines the roles both luck and risk play within any financial maneuver.  Dave discusses some specific examples, relates Housel’s premise to IBC, and then compares and contrasts Housel’s thinking within the ideology of the Infinite Banking Concept. Also in this episode, Dave thinks his episodes are cool, he buys silver, and he tries to sound smart by using the word metacognition.  Don’t miss this episode to see how luck/risk fit into the ideology of IBC! Key takeaway: Both luck and risk play major roles within any financial investment.  Acknowledging this leads to humbleness when things go well and sympathy when they don’t.  IBC helps mitigate both luck and risk when investing.   Resources Mentioned: [Link HERE] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!

    32 min

  4. FEB 17

    |Ep.53| IBC and The Psychology of Money - No One is Crazy

    Episode 53: The Psychology of Money - No One is Crazy Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Dave begins exploring how people think about money through the lens of The Psychology of Money by Morgan Housel.  Housel comes out of the gate stating “No One is Crazy.”  How people think about money are shaped by their life experiences and money decisions are often made emotionally rather than rationally should be kept at the forefront when discussing money.  Dave works to explore this thinking and how it relates to the discussion of IBC. Also in this episode, Dave is too mean to financial advisors, asks for your help in emailing Mike, and he loves Yard Goats! Key takeaway: “You know stuff about money that I don’t, and vice versa.  You go through life with different beliefs, goals, and forecasts, than I do.  That’s not because one of us is smarter than the other, or has better information.  It’s because we have different lives shaped by different and equally persuasive experiences.”   Resources Mentioned: [Link HERE] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    32 min

  5. FEB 10

    |Ep.52| The Unconference and IBC's Place

    Episode 52: The Unconference and IBC’s Place Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave attended an invitation-only conference where he was able to talk about IBC with high-level entrepreneurs.  Some people had never heard of IBC, others had secured and were using their own policies, and others had a less than positive view of IBC.  As Dave talked with those in that last category, he remembered and then recorded their reactions to IBC, all for this episode! This week’s episode focuses on six (6) less than positive reactions to IBC and, then, Dave’s interpretation of those reactions.  Based on Dave’s experience, he makes some educated guesses as to how their thoughts around IBC were shaped, knowing that you may have some of those same thoughts.  Sit back, listen, and please use this episode to help evaluate your own IBC journey!  Also in this week’s episode, Dave says the same word over and over, he is in way over his head, and Dave wants your thoughts!  Thanks for listening!   Key takeaway: Negative perceptions of IBC usually stem from (1) a lack of education or (2) an agent that builds a policy with their own best interest in mind, not the client’s.   Resources Mentioned: [Link HERE] Ramit Sethi’s “I Will Teach You to be Rich”  📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    40 min

  6. FEB 3

    |Ep.51| Teach You to Be Rich: The Myth of Financial Expertise

    Episode 51: Teach You to Be Rich - The Myth of Financial Expertise   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave continues the mini-series titled “Teach You to Be Rich.”  Using Ramit Sethi’s book I Will Teach You to Be Rich as a platform, Dave tackles Chapter 6 titled “The Myth of Financial Expertise.”   The book is a great one, but has one major flaw - it doesn’t address the Infinite Banking Concept.  The goal of this mini-series is to work through Mr. Sethi’s book a chapter at a time through the lens of the Infinite Banking Concept. This week’s episode focuses on so called financial experts and their role within the systems that build wealth.  Mr. Sethi believes that ‘experts’ are often incorrect and can hide behind discussions that are more complex than the average person can understand.  Dave agrees with that premise and works to find IBC’s role within a financial system using that same premise. Also in this week’s episode, Dave needs to ride a backwards bike, he is grateful for you, and he doesn’t like looking at himself as he records podcasts.  Join Dave for another great episode within this mini-series! Key takeaway: Sethi argues that one doesn’t need financial expertise to get rich—just a simple, automated system that minimizes costs, avoids emotional decisions, and runs consistently over time. Dave adds that IBC provides a foundation that makes that system financially bulletproof.   Resources Mentioned: [Link HERE] Ramit Sethi’s “I Will Teach You to be Rich”  📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/ 🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    47 min

  7. JAN 28

    |Ep.50| A Better Question - IBC Doesn't Ask but Helps Answer

    Episode 50: A Better Question - A Question IBC Doesn’t Ask but Helps Answer    Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave and Tim ask a better question.  Often, when people feel as though they don’t know enough about a given topic, they don’t feel as though they know what question(s) to ask.  Dave and Tim present a question that often doesn’t get asked: Where should my money live when I’m not actively using it? As the IBC Guys have gone through this mini-series Teach You to Be Rich, an assumption is made - that one knows where their money should stay while they’re deciding what to do with it.  In this episode, Dave and Tim don’t make that assumption.  They discuss the options for where money should stay when it’s not being used and then, provide an answer for the questions through the lens of the Infinite Banking Concept. Also in this episode, Tim talks some sense into Dave, Stanley is a cuddle buddy,and Tim has groupies.  Join us for a great discussion on where money should lay when it is not actively being used.   Resources Mentioned: [Link HERE] Ramit Sethi’s “I Will Teach You to be Rich”  Tim’s Email: Tim@familybankingsolutions.com 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    55 min

  8. JAN 20

    |Ep.49| Teach You to Be Rich - Conscious Spending

    Episode 49: Teach You to Be Rich - Conscious Spending (Chp. 4) Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave continues the mini-series titled “Teach You to Be Rich (?).”  Using Ramit Sethi’s book I Will Teach You to Be Rich as a comparison, Dave tackles Chapter 4 which is titled “Conscious Spending.”   The book is a great one, but has one major flaw - it doesn’t address the Infinite Banking Concept.  The goal of this mini-series is to work through Mr. Sethi’s book a chapter at a time through the lens of the Infinite Banking Concept. This week’s episode focuses on being purposeful on how one spends their money.  Mr. Sethi suggests 4 categories in which to define and establish one’s values.  Those categories are (1) Fixed Costs, (2) Investments, (3) Savings, and (4) Guilt-Free Spending.  Dave discusses these four main categories and explores the following:  Did Mr. Sethi miss anything?  Can IBC fit into this framework?  If so, how?  Can IBC help expand on Mr. Sethi’s framework? Also in this week’s episode, Dave’s boy rides his hoverboard by the office, he uses tv shows as analogies, and Dave gets help from two special guests!  Don’t miss this episode! Key takeaway: “Conscious Spending helps one live rich today.  Infinite Banking helps one live rich tomorrow—without sacrificing today.”   Resources Mentioned: [Link HERE] Ramit Sethi’s “I Will Teach You to be Rich”  📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

    42 min
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5
out of 5
23 Ratings

About

Dave and Mike, the IBC Guys, talk anything and everything related to the Infinite Banking Concept!

Information

  • Creator
    daveibcguys
  • Years Active
    2025 - 2026
  • Episodes
    58
  • Rating
    Clean
  • Copyright
    © Copyright 2025 All rights reserved.
  • Show Website
    The IBC Guys

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