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The Note Prospectors

140 members • Free

Wealth Warehouse Community

90 members • Free

6 contributions to Wealth Warehouse Community
Flow
All: I would appreciate any conversation or thoughts on this simple BUT powerful statement: "Money has got to flow..." I am taking this from our study of the Infinite Banking Concept. A launch point in discussion could be why do some of us have money sitting in secondary checking accounts, High Yield Savings, or any number of saving vehicles where it is benefiting someone other than us? On the surface my request for discussion might appears simple but checkout your "warehouses" of money. As always, I hope this helps someone like it HELPS me to just put it down in writing. Then I say I know better and MUST do better in writing to myself.
1 like • 15d
Thanks for bringing this up @Antonio Robinson. Question for the group... What is your standard operations procedure for paying premiums? Right now, we save our annual payment into a high yield savings account then when the premium is due we pay it. However, it sounds like there is a better/more efficient way of doing this. Curious to hear what others are doing.
0 likes • 15d
@Antonio Robinson Ah! That makes perfect sense, thank you for sharing.
Banking Concept
As we share more, it is becoming clear that I have not "arrived yet. . . " what is of interest to me today is the thought (See page 16, paragraph 5, Becomng Your Own Banker) to use the proceeds for retirement iincome. Until I began using IBC this thought never occured to me. I find that we have a GOLDEN opportunity to change our families lives using IBC. Allow me to take just one example to bring home the point. Consider, passing on a tax free business to our sons or daughters (whatever order you wish) that is already profitable; they have immediate control of operations (that is powerful); the business can not fail unless THEY decide to start stealing. The mere thought of being able to do this is an inspiration to me because I am the originator of it for my family. Does this reflection have value?
1 like • 19d
@Wes Howard I love the 10 year time frame (I'm assuming you're doing a PDF Max). We plan on doing something similar to our kids as well. Were you happy with the company you used to create your trust? If so, can you recommend them here?
1 like • 18d
@Wes Howard Thank you very much for the recommendation! I will check him out. Happy Friday and have a great weekend!
What are you using your policy loans for?
Would love to hear how you're using them! Personally I've used mine for debt consolidation of high interest credit cards, as well as investing in startups.
Poll
15 members have voted
0 likes • 21d
For those investing in the market, what is your strategy/approach given you are incurring approximately 6% in interest for your policy loan?
When you join the group, feel free to make a post introducing yourself
Can be just to say hi, tell a story about how you discovered IBC, what you're exited about right now etc. Please feel free to mention also what you do so we can support eachothers businesses, but let's not be "spammy" about it ok?
3 likes • 25d
I started my IBC journey at 29 not fulling realizing what I was getting into but had full trust in the mentor who directed me in the right direction. At 38 I finally realized the power and potential of IBC and took out my first large policy and have since added another two.
2 likes • 22d
@Christina Conover-Merrill No worries! I just sent you an email =)
0 likes • 25d
Welcome!
1-6 of 6
Marvin Simms
2
10points to level up
@marvin-simms-8466
Really excited about being here

Active 43m ago
Joined Jun 4, 2026