Episode 94: Infinite Banking | How Does "Bank on Yourself" Really Work
Barenaked Money
English - January 23, 2024 16:13 - 22 minutes - 20.3 MBInvesting Business Education Self-Improvement canadian money financial planning investing wealth management discretionary portfolio retirement planning estate planning Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 93: A Look Ahead | Our Predictions for 2024
In this episode of the Barenaked Money Podcast, we explore the "Bank on Yourself" or infinite banking concept. Our hosts scrutinize the marketing claims and shed light on the often opaque world of the insurance industry. They emphasize the significance of aligning financial decisions with personal goals and caution against blindly following investment trends. While not opposing life insurance, the episode clarifies its appropriate use and warns against its exploitation.