• Is Whole Life always better than buying term and investing the difference?
• Does buying term and investing the difference give you a better return on your money?
• What happens if you need to use some money from your investment along the way?
• Is any whole life insurance policy good for infinite banking? 

These are a few of the questions that come up and we answer in this episode. Not everything is as clear as it first appears.

📄 INFINITE BANKING MADE SIMPLE | Get the free binder here: https://mcfieinsurance.com/infinite-banking-made-simple-binder/

 Follow the Wealth Talks Podcast on:

Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==

Facebook: https://www.facebook.com/profile.php?id=61554798231074

Listen to the Wealth Talks Podcast on: Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc

On a recent Dave Ramsey show there was a caller who is a trim carpenter making decent money, but wanting to save more. He was divorced 8 years ago, and now has 23k in savings. He owes about 25k left on his mortgage, and has a 20k dollar loan on his motor bike.

Dave gave some shocking advice to this guy!

We have a much different approach to how we help our clients than what Dave said to his caller, so we decided to add our commentary on this episode.

What are your thoughts on how Dave advised his caller?

Go here to get the Infinite Banking Made Simple Binder for free: https://mcfieinsurance.com/

 Follow the Wealth Talks Podcast on:

Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==

Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch the Wealth Talks Podcast on: YouTube: https://www.youtube.com/@wealth-talks-podcast

Not long ago in podcast 469 we Rebutted a Dave Ramsey video that a podcast listener sent us. That podcast episode has been watched by hundreds of people and the feedback has been really something. A lot of people loved it and some people didn’t, you can see their feedback in the comments on episode 469. But through it all, another listener sent us another Dave Ramsey video and we are going to respond to that video today.

If you haven't seen this particular video you can watch it here:

The Dave Ramsey video Jonathan sent us:

 https://www.facebook.com/story.php?story_fbid=985650382924576&id=100044388700838&mibextid=WC7FNe&rdid=I82xtNhc7kJWBVgW

1:38 Is life insurance an asset? 
2:28 Dave Ramsey's life insurance example
10:00 Do you need life insurance after age 50
12:46 When Buy Term and Invest the Difference doesn't work out 14:33 Should you invest or buy life insurance
16:39 Fisher Price donut ring demonstration
21:12 Is Dave Ramsey a life insurance agent?

If you have a question or content you would like us to comment on in the podcast, reach out to us in the comments. We look forward to hearing from you soon.