122 episodes
Wealth Warehouse The IBC Guys via Podcast Principles
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- Business
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5.0 • 109 Ratings
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On Wealth Warehouse, we challenge you to transform your financial future through the principles of the most profitable business in the world: banking.
We believe everybody should be involved in 2 businesses: the business that you're in, and the banking business. Every day people can replicate what bankers have been doing for centuries to leverage capital and build wealth through private lending.
Join us as we uncover the truths about money, expose lies and myths, and flip conventional financial advice on its head.
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Episode 119: Infinite Banking: Policy Loans vs Bank Loans (Part 1)
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
In this week’s first of two parts – Dave and Paul revisit loans and why IBC offers a much stronger line-up of benefits compared to someone else’s banking system.
From how these loans function on the banking and IBC side, the differences in accessibility to even where the bank gets its money from, the fellas will give you everything you need to know on the broad arguments on Infinite Banking vs. traditional banking.
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
2:02 - Listener question
5:55 - Policy loans vs. bank loans
8:02 - Accessibility
12:05 - Biggest factor for a bank when it comes to a loan
15:18 - Debt to income ratio
17:35 - Where does the bank get its money from?
19:38 - Interest rates
24:25 - Episode wrap-up
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 -
Episode 118: Infinite Banking: Increasing Your Income vs Cutting Expenses - Where Should I Focus?
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
It’s often been said by Dave and Paul that IBC is about mindset. That’s true when it comes to the process of infinite banking – but it’s also true when it comes to your perspective on making and spending money.
In this week’s episode, the guys talk about where your focus and effort should be directed when it comes to growing your income vs. cutting your expenses.
Is the path to financial freedom paved with rice and beans – or opportunity and productivity? The fellas break it all down and let you know what you should be thinking about the most.
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
2:35 - “95% of your time and effort should be spent on…”
5:31 - Focusing on income vs. cutting expenses
9:12 - Where you focus is where you’re going to get results
12:38 - Increasing your productivity and looking for opportunities
15:23 - You don’t need to get all your money from just one place
18:25 - Make yourself more valuable, being an “expert”
21:56 - Passion is the key
23:21 - Closing thoughts
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 -
Episode 117: Infinite Banking: Is Whole Life Insurance Premium an "Expense" or an "Asset"?
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Having the correct mindset is absolutely essential when it comes to running your own banking system.
While we know that IBC can fall victim to influencers and grifters online – it can also fall victim to misinterpretation as an “expense”.. Rather than an asset that not only grows your wealth, but ensures that your family and loved ones will be supported in perpetuity.
In this week’s episode, Dave and Paul examine the idea that IBC, or insurance – being viewed as an expense. When it comes to life insurance, that certainly isn’t the case, and they’ll tell you exactly why.
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
2:57 - Home equity and HELOCs
7:49 - Thinking of insurance as an “expense” vs. an asset
10:21 - Comparing other types of insurance to life insurance
15:39 - Another point of distinction
19:15 - Life insurance replaces the “future value” of a loss
25:32 - Has your *insert here* insurance gone up?
29:39 - The future is unknown – premium is the solution
31:16 - Another point of comparison w/ “regular” insurance
35:09 - Re-framing the conversation w/i this episode
37:05 - Episode wrap-up
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 -
Episode 116: Infinite Banking: Listener Q&A Session
In this week’s episode, Dave and Paul are answering YOUR questions from the comments..
From the philosophy behind taking out policy loans and why loans shouldn’t be feared in general – to 10/90 policy designs and the easiest way to expand your bank..
If you’re poking around the IBC concept and looking to learn more, this episode is a great place to start!
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
1:55 - Responding to some more comments
4:40 - Explaining the concept
8:09 - Some recommended reading
11:38 - Recommendations for people looking to learn more
14:28 - Revisiting the “lawnmower epiphany”
15:30 - Loans should not be feared
20:41 - Tithing
26:03 - Easiest way to keep expanding your bank
30:51 - 10/90 Policy Design
35:01 - Episode wrap-up
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 -
Episode 115: Infinite Banking: Playing Hardball With IBC Haters
If you’ve listened to even a handful of episodes, you know that IBC comes under constant fire from people that don’t understand the process and most importantly – the benefits.
Between 401k believers, CFPs and internet commentators to the influencers and talking heads like Dave Ramsey – there is no shortage of critics and detractors looking to discourage the process of becoming your own banker.
Whether it’s trolls on the internet, or “Uncle Bob” at Thanksgiving, Dave and Paul take this episode to help you navigate the myriad of critiques you may encounter in the wild – and how you can respond..
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
3:24 - Responding to an IBC hater
7:35 - The question of compensation
14:23 - Can you setup your policy yourself?
16:01 - “Insurance companies keep the cash value after you die”
19:25 - “You have to pay interest to borrow your own money”
22:05 - “IBC sounds risky”
25:56 - “Only idiots buy whole life insurance”
32:05 - “IBC is too good to be true”
34:44 - Episode wrap-up
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 -
Episode 114: Infinite Banking: There Is NO Substitute For Life Insurance
In this week’s episode, Dave and Paul dive into the philosophical outlook on retirement.
Why escape from your life? You should be creating income by doing what you want.. But most importantly, you should be covered come “retirement time” when you want to put up your feet and enjoy yourself..
In this episode, the guys break down what life insurance really provides you – in terms of certainty, flexibility, and a safe hedge against life's problems.
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
3:09 - What’s the best investment in the world?
11:05 - Key person insurance
17:55 - What life insurance provides people
24:06 - Hedging against the problems of life
27:23 - Assets vs. guaranteed assets
30:47 - Flexibility, options, certainty
31:54 - The living benefits
35:13 - Episode wrap-up
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
Customer Reviews
Incredibly Enlightening
I have listened to every episode and re-listened to many. Would highly recommend others do the same. There are things I’ve learned through this podcast that have had a very immediate and lasting impact on my financial life for the better. Thanks Dave and Paul.
Really good IBC podcast
Paul and Dave do a great job. I started doing IBC in April of 2023 and after reading Becoming Your Own Banker I binged several IBC podcasts. I’ve only completely finished two of them. Wealth Warehouse and Life Success and Legacy. I’ve also listened to about half the episodes of Dollars and Nonsense and several of Wealth Without Wallstreet. What I like about how Dave and Paul run this is the content is good enough and thorough enough to help you practice IBC well and correctly but also gives you some insight into what it would be like to be a practitioner helping people design their policies. I’d love to see more client case studies like they have done a few times but this is definitely a top podcast for the material. For context I binged this for about 2 weeks to get through their hundred episodes. Great great content.
Learn something new every episode
I was skeptical about IBC when Paul introduced me to it and started this for our family. I can honestly say it has changed the way we live our lives and think about the future. Paul’s passion for IBC is evident and he loves helping others through the process. Dave is an awesome guy too!! (We thank him often for introducing our family to IBC). Being married to Paul we talk about IBC daily but I still learn something new with every Wealth Warehouse episode!
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