Mastering Infinite Banking: Steps to Financial Freedom

In this episode, Wade continues the conversation on starting the Infinite Banking Concept (IBC) by diving deeper into the critical steps beyond understanding the problem. Many people mistakenly begin with the product rather than addressing the foundational issues first. Wade emphasizes the importance of finding a knowledgeable practitioner, establishing a solid process, and selecting the right tools to achieve financial freedom. Listen in as Wade shares his insights, experiences, and practical advice to help you take control of your financial future.

Episode Highlights 01:10 - Importance of understanding the problem. 02:40 - Noise in the industry - starting with step 4. 04:40 - The role of a good practitioner. 05:45 - Learning from mistakes. 06:55 - Empathy and empowerment over control. 08:00 - Building a like-minded community. 09:40 - Importance of surround yourself with supportive people. 11:10 - Review of important first steps. 12:00 - Clear communication with your practitioner. 12:55 -  Setting up the correct process for policy loans. 15:20 - Respecting your family bank's money. 17:30 - Ensuring your process guarantees success. 18:20 - Common issue: Step 4 focus. 19:50 - The right product is just a tool. 22:05 - Using the right tool for the problem.

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• wade@sagewealthstrategy.com