Today's guests, Anthony Faso and Cameron Christiansen, are dedicated to assisting individuals in achieving financial freedom through passive income. They do this through the concept of Infinite Wealth where they use whole life insurance policies to overfund and create cash value in a way that is heavily influenced by Robert Kiyosaki’s Rich Dad Poor Dad. In this episode, they delve into the concept of Infinite Banking, explaining how whole life insurance policies can be leveraged to overfund and create cash value. Additionally, they provide insights into the workings of conventional banks, outline the advantages of utilizing whole life insurance policies, and explain the impact of compound interest and simple interest on this strategy. The episode covers the process of obtaining funding through a policy like this, including qualification for individuals who earn a commission or lack a W2 job. Regardless of whether you are a younger person trying to carve out a monthly contribution for Infinite Banking, an older person who may feel that time is limited for engaging in this strategy, or someone somewhere in between, this episode is filled with insightful information and helpful advice to help you achieve financial freedom.
Key Points From This Episode:
Links Mentioned in Today’s Episode:
Infinite Wealth Consultants on Facebook
Infinite Wealth Consultants on Instagram
Passive Income Through Multifamily Real Estate Facebook Group