I was introduced to IBC through the Banking with life podcast. I was searching YouTube for something along the lines of "family bank" or "how to create generational wealth" after watching a Sunday Morning story about a family that had started a "family only" credit union. I listened to every episode they had posted at the time. which lead me to the Lara Murphy report, where I did the same. I then bought and read BYOB and How privatized banking really works and, at some point while reading BYOB, I remember slamming the book down in frustration that we weren't taught this earlier in life. I then went to the NNI web page to see if there were Practitioners in my area. I found one that was close enough we could meet face to face. I would say this was about a 4 month period. There was only 1 introduction and I think I caught it fairly quickly, mostly because my dad taught me how to take secured loans from my savings accounts in my early 20's.

@Travis Fairbairn Funny story.. My dad was an AL Williams salesman for a while when I was growing up. lol. He cringes every time I talk about Whole Life insurance. I am glad he gave me that little nugget about secured loans, I used that capital I borrowed against to start my first policy.

How Much IUL do you own personally?

@Travis Fairbairn This is probably the agent's answer also. LOL

I used to do sheets. Now all available cash flow goes to loans.

Hello all, I am Paul Stutsman. I found IBC through a YouTube search looking for "family banking" Don't remember what the first 2 were, but the 3rd one was a Banking with Life episode, and I was hooked from then on. I'm a W-2 employee that has a couple rentals on the side and a few lawns to mow and parking lots to plow (snow) on the side of that. Been listening to Wealth Warehouse since the early days of my journey as part of my half day "IBC Friday" routine.

@Rebekah Waller Glad to be here.. This is gonna be FUN!!

I use Policy loans to pay premium, property taxes and insurance, and pretty much every major expense I have, then flow all my free cash back into the loans. I've also financed vehicles and a furnace for my son. Next up is taking over the 3rd party mortgage on my rental properties.

@David Waller I'd like to think I'm doing it as designed. I've only started using loans to pay premium now that my cash surrender value growth is greater than my premium being paid.