Dave Ramsey is WRONG about Infinite Banking | Why Infinite Banking is NOT a Scam

Dave Ramsey is WRONG about Infinite Banking | Why Infinite Banking is NOT a Scam

On today's episode, Darren and Christina debunk the infamous Dave Ramsey video on YouTube where he tells a caller on his show why infinite banking is a scam and why this caller should stay away from this type of policy.

Point by point, Darren and Christina dissect where Dave goes wrong in his video and although he is coming from a perspective of being in the United States, as opposed to Canada, much of what he's staying/misleading still applies in Canada. Tune in now and find out why Dave is wrong!

Show notes:

00:00 - Introduction

2:16 - A caller on Dave Ramsey's show asks Dave about Infinite Banking

4:52 - Dave tries to tell the caller that he's being overcharged by the policy

12:05 - Dave thinks infinite banking is "old school whole life" done poorly and thinks they pay out nothing at death

20:20 - Dave thinks the dividend payment is the "refund of a deliberate overcharge"

23:53 - Dave thinks that since these policies cost more than others, it's a ripoff/scam

27:11 - Dave says the only reason these policies exist is for the commission the agent makes selling it

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(269)

Canada's $50 Billion EV Gamble: What Happens Now?

Canada's $50 Billion EV Gamble: What Happens Now?

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay   Canada set out to become an electric vehicle superpower. Governments backed the str...

20 Heinä 25min

If You Died Tomorrow... Would Your Family Know What to Do?

If You Died Tomorrow... Would Your Family Know What to Do?

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay   Most people think their family knows where everything is.    The reality? They usua...

13 Heinä 27min

Entrepreneurship, Resilience & Building a Global Company with Travis McDonough

Entrepreneurship, Resilience & Building a Global Company with Travis McDonough

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay   What does it really take to build a global company from Atlantic Canada?   In this ...

9 Heinä 42min

The Hidden Crisis Facing Canada's Economy

The Hidden Crisis Facing Canada's Economy

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Canada has a problem... and it's bigger than inflation. On this month's economic upda...

6 Heinä 42min

The Retirement Trap: Why the Retirement Plan Canadians Were Sold Is Breaking

The Retirement Trap: Why the Retirement Plan Canadians Were Sold Is Breaking

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay   For decades, Canadians were told retirement was simple:   ✔ Pay off your mortgage ✔...

29 Kesä 25min

How John D. Rockefeller Built and Preserved Generational Wealth

How John D. Rockefeller Built and Preserved Generational Wealth

https://hub.controlandcompound.com/business-masterclass-webinar-replay   John D. Rockefeller didn't just build one of the largest fortunes in history – he built a system that allowed his wealth to las...

22 Kesä 19min

Your Business Is Growing… So Why Are You More Stressed?

Your Business Is Growing… So Why Are You More Stressed?

https://hub.controlandcompound.com/business-masterclass-webinar-replay   Many entrepreneurs start their business believing success will eventually create freedom. But for a lot of business owners, the...

15 Kesä 34min

The Biggest Money Mistake Most Canadians Make | Why Banks Always Win

The Biggest Money Mistake Most Canadians Make | Why Banks Always Win

https://hub.controlandcompound.com/business-masterclass-webinar-replay   What if you woke up on a desert island with 100 other people and had to rebuild an economy from scratch?   In this episode of C...

8 Kesä 22min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
oppimisen-psykologia
rss-sami-miettinen-neuvottelija
hyva-paha-johtaminen
rss-karon-grilli
rss-oivalluksia-rahasta-elamasta
ostan-asuntoja-podcast
rahapuhetta
rss-perho-rajoilla
rss-inderes
rss-rahataito-podcast
asuntoasiaa-paivakirjat
rss-ysin-muijat
rss-pinnan-alla-kiehuu
rss-tarkeista-asioista-2
rss-plan-international-suomen-podcast
rss-johtajuuden-jaljilla