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

Avsnitt(254)

Listen to This BEFORE Starting an Infinite Banking Policy | 8 Non-Negotiables That Can Make Or Break Your Strategy

Listen to This BEFORE Starting an Infinite Banking Policy | 8 Non-Negotiables That Can Make Or Break Your Strategy

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL On today's episode, Darren and Christina break down the eight non-negotiables you must have in your infinite banking policy. ...

16 Juni 202522min

The #1 Strategy The Wealthy Use That Nobody Teaches You | The Rockefeller Method | Part 3

The #1 Strategy The Wealthy Use That Nobody Teaches You | The Rockefeller Method | Part 3

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL In this episode, Darren and Christina continue their Rockefeller Method series by diving into one of the most misunderstood w...

9 Juni 202523min

From Stanley Cup Champion to Business Game-Changer | A Special Interview with Joe DiPenta

From Stanley Cup Champion to Business Game-Changer | A Special Interview with Joe DiPenta

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL On today's episode, Darren sits down with Joe DiPenta. Not only did Joe win the Stanley Cup with the Anaheim Ducks, he's al...

5 Juni 202533min

Inflation is DOWN in Canada.…Right?? | Canadian Housing Market Outlook | Who's Buying Bitcoin?

Inflation is DOWN in Canada.…Right?? | Canadian Housing Market Outlook | Who's Buying Bitcoin?

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, it's the June updat...

2 Juni 202530min

Unlocking the 20/20/20 Formula: How to Master Your Morning | The 5 AM Club Book Review

Unlocking the 20/20/20 Formula: How to Master Your Morning | The 5 AM Club Book Review

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christin...

26 Maj 202522min

What Happens to My Business When I Die? | RRSPs, Capital Gains, and Corporate Real Estate

What Happens to My Business When I Die? | RRSPs, Capital Gains, and Corporate Real Estate

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, we're asking a ques...

19 Maj 202539min

How the Rockefellers Stayed Rich for 6 Generations | Family Wealth Strategies | PART 2

How the Rockefellers Stayed Rich for 6 Generations | Family Wealth Strategies | PART 2

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar We're back with part 2 of our series on...

12 Maj 202522min

The Truth About Group Insurance: High-Cost Drugs, Tax Benefits & What Employers Need to Know

The Truth About Group Insurance: High-Cost Drugs, Tax Benefits & What Employers Need to Know

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar In this must-listen episode, Darren and...

8 Maj 202526min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
svd-tech-brief
rss-borsens-finest
rss-svart-marknad
uppgang-och-fall
avanzapodden
bathina-en-podcast
rss-dagen-med-di
lastbilspodden
fill-or-kill
rss-inga-dumma-fragor-om-pengar
tabberaset
rss-kort-lang-analyspodden-fran-di
borsmorgon
24fragor
rikatillsammans-om-privatekonomi-rikedom-i-livet
montrosepodden