Episode notes
In this podcast episode, Jordan and Thomas explore the concept of infinite banking and its role in financial planning. Jordan emphasizes the importance of understanding the purpose of every dollar and building trust with clients through education. He explains infinite banking as using life insurance policies to function like a bank, allowing for efficient wealth growth and control. The discussion covers the benefits for business owners and real estate investors, the significance of financial literacy, and the value of setting SMART goals. They also highlight alternative investments and the shift towards safer investment options post-COVID-19.
Keywords
entrepreneurshipfinancemoneyinvestinginfinite bankingwealth managementfinancial literacyfinancial planning