Jun 10, 2021
Mark Willis is a man on a mission to help you think differently about your money, your economy, and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients.
A repeat guest on the podcast, today Mark and I dive into the weeds a little more on why the Bank on Yourself concept is superior to the Infinite Banking Concept, Universal Life and he starts labeling and providing examples of BIG MISTAKES people make when setting up a Bank on Yourself life insurance policy.
If you haven't listened to or watched the Bank on Yourself 101 episode, #113, please go back and do that before listening to this one. Episode #113 will serve as a foundation for you before you dive deeper with us on today's topic. You can find episode #113 at w2capitalist.com/bank .
EPISODE SPONSOR:
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KEY TAKEAWAYS:
- Mistake #1: "Do it for me."
- Mistake #2: " I'll do it myself."
- Mistake #3: "Oh yea. I can do that."
- Variable is not whole life.
- Uninterrupted Cash Growth
EPISODE AFFILIATES:
LINKS MENTIONED IN THIS EPISODE: