Episode 22: Is using a life insurance cash value loan really better than just paying cash?

Join David Befort and Paul Fugere on Episode 22 of the Wealth Warehouse!

It should be obvious by now that IBC doesn’t mesh with most traditional wealth building strategies. This week’s show is no different as the guys tackle conventional ideas around saving money, spending it and what your perspective should be on all of it.

In this episode you’ll learn about:

-Why you shouldn’t be paying for that big vacation in cash

-Utilizing your life insurance policy’s line of credit and balancing it with your cash flow, loans and policy

-The opportunity cost of saving money traditionally and the pitfalls of the “piggy bank mentality”

-“Financing your life”, a new way to look at loans

-Why rate of return shouldn’t dictate how you manage your money

-And much more!

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website: 

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com