Infinite Banking Mastery

Do you ever sit and burn $20 bills? If you don't, you may as well, because right now the banks are legally taking 34.5% of your take home earnings in pure interest.  This interest isn't to pay down your mortgage, your car loan, or your student debt. It's to fill the greedy coffers of ultra rich bankers. Think I'm being hyperbolic? I purchased my home for $377,988 — amortized over 30 years. With an interest rate of ~6.7%, that means $483,238 is going to the bank in interest by the end of the 30 years.  Worst part? The banks don't sit there and wait for me to give them $483,283. They're making interest on the payments the whole time, and are more likely to make close to $1.8M in profit off my $377,988 purchase! That's the bad news. The good news? In today's episode, I share how to stop handing away 34.5% of your savings to the banks. I also show you how to take out $100K and pay no interest for an entire year — without receiving any penalties.  Listen now! Show Highlights Include: How to avoid losing a single penny to the banks as explained by a former pilot (4:40) How to take out a $100K loan and pay no interest for an entire year (without receiving any penalties or the repo trucks coming for you!)  (8:09) Why refinancing your home within the first 10 years causes you to pay WAY more in interest (12:02) The insidious way you're actually paying 50% more for your home than you realize (and how to stop overpaying for it) (13:21) How the banks earn $1.8M in interest on a $377K house (and how to protect your money from greedy bankers) (15:41) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

How nice would an extra million dollars sound? And imagine if you didn't have to work harder, smarter, or even work at all to get it. Well, this does exist! But I don't recommend you try doing it, because you'll cop a whopping 20 year prison sentence. But if your name is Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, or Goldman Sachs, then go for gold!  That's right, the banks do this every single day. They do it so much that a huge amount of our currency supply is created out of thin air by these guys.  Best part? They don't go to prison, but if you did it, you'd be in prison! And it's all possible thanks to the concept known as "Fractional Reserve Banking." In today's episode, you'll discover the madness behind this concept, as well as how to protect yourself from this corrupt system.  If you haven't heard of "Fractional Reserve Banking" before, strap in — it's going to be a wild ride! Listen now! Show Highlights Include: How banks drain your buying power by loaning out more money than they receive (yes, they do, and no, it's not illegal… in fact, it's cheered on by our government) (0:49) Why the FDIC won't be able to protect your savings in an economic collapse because of their "1 Percent" secret (2:45) The insidious "Unsecured Creditor" law that means you will be bailing in the banks in the next financial crash (whether you like it or not) (5:00) How every dollar in your savings account becomes $10 available for loans and investments (7:37) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Have you ever wondered why there's a maximum withdrawal limit at the bank? They'll often tout it as "stopping criminals from laundering money." But the reality is this: They don't have much money in the actual bank! What do I mean? The primary way banks make money is by lending out YOUR money. Banks only need to keep about 10% of deposits on reserves.  So when you make a deposit, they loan out your money (and then some!) and earn their profit by charging interest.  The only reason why this has worked is because the banks know 90% of all savings are untouched by the public — they don't take their money out, they leave it in the bank. But this was one of the causes of the Great Depression. The public were scared of a market crash, decided to take out all their money as the banks weren't safe anymore, and they were told… There was no money left! But there is a way to be free from this madness. In today's episode, I reveal "The Family Banking System", which allows you to recapture the interest you're losing to banks. Listen now! Show Highlights Include: Why the banks are legally allowed to take your money and then sell it back to you (and make a handsome profit) (0:56) Our banking system would collapse if everyone withdrew their money all at once. It's known as fractional reserve banking, and you can learn how it started at (1:21) How banks make a profit off every single transaction you make with the "3 Circle Exercise" (5:04) Why Bank of America gets away with a 16x return on investment on YOUR savings (6:29) How to take out a loan with a terrible FICO credit score (8:18) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard about NASCAR champion driver Kyle Busch's lawsuit over his Indexed Universal Life policies. And because his contract appears to have been written in an exceptionally bad way, you might think what happened to him is an isolated incident. But the truth is, even when IUL contracts are written in the best way possible, they still carry dangers you need to know about. In this episode I'll give you more insight into what happened to Kyle Busch, and explain why IULs aren't ideal for Infinite Banking. Listen now! Show highlights include: "Self funding" sleight of hand that tricks clients and could lose you a fortune. (2:27) Two inescapable variables that make IUL values impossible to predict. (4:22) Key advantage of Whole Life if you ever intend to stop funding your policy. (4:36) The illusion cast by projections that could make IULs look better than they are. (6:45) Surprising way AI summarized Kyle Busch's lawsuit. Why IBC practitioners deliberately reduce their compensation when structuring your policy. (10:02) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

Paid-Up Additions (PUAs) aren't complicated, but the way different insurance companies handle them can be. And if you don't know how the company you plan to use does it, you could be in for a costly surprise. That's why in this episode we'll take a closer look at the different ways companies treat PUAs, and what you need to know before you take out a contract.  I'll also show you why you can't always count on the insurance company to keep things straightened out for you. Listen now! Show highlights include: Premiums Demystified: what goes into your premium payment, and how Paid-Up Additions affect it. (1:16) Real-world examples of very different ways companies allow you to fund Paid-Up Additions. (1:40) Why blindly trusting insurance company limits can ruin your IBC plans. (5:02) Unexpected way catching up for skipped PUAs can change your policy. (6:32) Alarming reason you should never let a letter from your insurance company sit unopened on the counter. (9:45) Why the automatic PUA discontinuation offered by some companies is right for many clients, but might not be right for you. (10:02)  Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Imagine you pass away and the beneficiary of your life insurance policy (or other product with a beneficiary) ends up going to the wrong person. All because your life changed, and your beneficiary should have too, but you forgot to make the changes. It's easy to forget to keep your beneficiary up to date. But in this episode I'll explain why it's vitally important, and what can go wrong if you don't. It might keep your death benefit from ending up in unintended hands. Listen now! Show highlights include: Mindless thing most people do after listing a policy beneficiary. (1:07) The "411" on P.O.D.s: What "payable on death" means and why it might be better for small estates than large estates. (2:40) Why now is the best time to look into the probate process in your state. (4:31) Have a trust and an ex? Make sure you do this one thing. (5:06) Practical reason your parents shouldn't be your beneficiary. (5:32) Still want an ex to be your beneficiary? What to know–and do–to be sure your state doesn't interfere and wreck your planning. (7:31) Why you can't expect a new spouse to be automatically designated as your beneficiary. (8:38)  Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

Getting started with Infinite Banking is exciting, but it can also make you nervous, especially if you're concerned about how to fund it. And many people are, because I'm often asked questions like "How much does it take to get started?" and "Do I need to have a lot of money up front?" So today I'm here to help calm those nerves! In this episode, I'll walk you through those questions so you can start Infinite Banking with confidence.  Plus, I'll give you a "big picture" view of Infinite Banking so you'll be able to set up your plan with the right perspective. Listen now! Show highlights include: Why "How much do I need to get started?" is the wrong question to ask, and what to ask instead. (1:30) How to use Infinite Banking to avert as much income tax as possible, in retirement. (2:45) Common mistake that makes time your worst enemy and shortchanges your lifestyle in retirement. (4:15) "Boring is better" benefits that make whole life insurance very attractive. (5:20) The honest banker's secret to better savings accounts, better retirement funding, and better control of your purchasing power. (6:14) What to do if you want to get started with IBC but don't have a lump sum of cash available. (9:13) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people don't realize churches can utilize Whole Life insurance and the Infinite Banking Concept. And even fewer realize how many people in a church are eligible to be insured–it isn't just the pastor! In this episode, I'll share the different categories of church members who can be insured and how Whole Life insurance can be a blessing to a congregation, whether they utilize the Infinite Banking Concept or not. I'll also explain how churches can use this without fear it will hurt them financially. Listen now! Show highlights include: Disturbing "multiplier effect" banks use to make big bucks while paying you pennies in interest. (2:03) Simple choice you can make to help fight runaway inflation. (3:48) Nelson Nash's perspective on financing that forever changes how you look at purchases. (4:36) How Whole Life can help your church, whether you apply the Infinite Banking Concept or not. (5:31) Did you know this many people in a church can be insured? It's not just the pastor! (5:43) How to use Whole Life to help your pastor retire with dignity. (5:54) How a church can leverage its tax-exempt status to make Whole Life even more productive. (8:52) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

If you're young and healthy you can be tempted to delay getting long-term disability insurance. But in addition to coverage in an unpredictable world, there are also benefits you can glean from a policy even if you never become disabled. In this episode I'll share those benefits. And I'll tell you what to consider if you think a policy is too expensive or won't cover what you had hoped. Listen now! Show highlights include: Why employer-provided disability coverage might not be enough when you need it. (3:37) Ethical way to receive payment from your disability contract (with certain companies), even if you aren't disabled. (8:20) "Undisputed" #1 feature of disability insurance. (11:29) Simple reason anyone with an income should have disability coverage in force. (12:07) Can your emergency fund cover a long-term disability? Brutal truth revealed. (13:03) How to afford a disability contract that becomes unaffordable, so you can keep your coverage without going broke. (13:42) Are underwriters fair? How your application is processed, and what to do if you disagree with their assessment. (14:42) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

You know some things can slow down accelerated underwriting. But there are also health conditions that can slow down underwriting even if it isn't accelerated. In this episode I'm sharing common health conditions that can get in the way, and how to know whether they can be overcome or will lead to rejection. I'll also share a simple way to "test the waters" before underwriting if you're afraid you won't get approved. Listen now! Show highlights include: How an underwriter looks at a mental health issue: When it affects your rating, and what to expect. (3:37)  Why sleep apnea is more alarming to underwriters than it used to be. (7:00) What you should do immediately if you have sleep apnea but want life insurance. (8:49) Why cancer in your medical history doesn't automatically mean a decline for coverage. (9:51) Surprising reason a substandard health rating isn't as costly as you think. (11:38) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

Accelerated Underwriting sounds faster than conventional underwriting, and it certainly can be. But you might be wondering: just how fast is it? In this episode I'll share, from real experience, how quickly approval can happen. I'll also share why it doesn't always work that quickly, and the biggest factors that influence how long it takes. Listen now! Show highlights include: "No-brainer" reason accelerated underwriting is the right move if you're in good health. (2:40) Why honesty is the only policy if you want your life insurance application to be approved. (3:25) Exactly how fast accelerated underwriting can go if everything goes smoothly. (4:54) Simple way your doctor's office might triple or even quadruple how long underwriting takes. (5:11) Why the insurance company will do a soft credit check and what it means for your credit score. (7:14) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know about the underwriting process for life insurance, but you might be wondering exactly how it works and how long it should take. In this episode I'll explain what happens as soon as you sign the application, what an underwriter is looking for, and why honesty is absolutely your best policy throughout the process. I'll also share why underwriting can take longer than expected, but it's nothing to be afraid of. Listen now! Show highlights include: How bloated medical facilities can set back underwriting for weeks. (1:54) Accelerated vs. Full Underwriting: How they actually differ, and why either method will be thorough. (3:15) What to do if you can't remember essential details of your medical history. (5:19) Surprising volume of information your underwriter can see about you. (6:14) Why the insurance company cares about your speeding tickets. (7:07) Little-known company, started in 1902, and how it exerts a big impact on your insurance premium. (7:37) Do you have to be in perfect health to get life insurance? The answer might surprise you. (9:26) Why honesty is the ONLY policy if you want to be approved for life insurance. (10:34)  Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

We've talked about how a Whole Life policy can "MEC," but the language around what makes this possible can be confusing. So I'm here to help with more information about the biggest risk to existing policies later becoming Modified Endowment Contracts. I'll also explain how knowing the way these policies can go wrong helps me build strong policies from the start. Listen now! Show highlights include: What a "material change in policy benefits" really means, and how it triggers re-testing for MEC. (0:58) Why dropping a term rider sooner than you planned can be a costly mistake. (1:43) "Overwhelm" reason to carefully watch your policy, even if you trust your agent. (5:23)  How the "10/90" structure became popular with agents, and why I avoid it like the plague. (6:38) Counterintuitive reason you should want a higher base premium. (9:38) Nelson Nash's "anti-fancy" way to build policies. (10:29) The case for minimal term riders. (14:20) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

You've heard that a Whole Life policy can "MEC." But what does that even mean? And what are the real-life consequences if your policy becomes a Modified Endowment Contract? The consequences are real and undesirable. So in this episode I'll explain what a MEC is: where it came from, how it happens, and what you can do to avoid it. I'll also help put your mind at ease about what to do if it ever happens to you. Because even though it isn't ideal, it doesn't have to ruin you.  Listen now! Show highlights include: How TAMRA, an innocent-sounding act of congress, changed the landscape of Whole Life insurance. (0:49) What the "Seven Pay Test" is, and how it shapes the early years of your policy. (1:38) Little-known way your policy could MEC even if you've had it more than seven years. (2:45) MEC Demystified: What actually happens if your policy becomes a MEC. (3:12) Why Paid Up Additions riders exist, and the trouble they can cause you if they aren't carefully monitored. (3:42) Surprising reason to keep your policy if it becomes a MEC. (9:36) How overzealous agents could set you up for tax headaches. (10:23) Safeguards some companies use to rescue you from accidentally making your policy a MEC. (11:59) Why transferring your account value from a MEC policy to start a new policy is a terrible idea. (13:05)  Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know you'll need to go through the underwriting process for Whole Life insurance so you can set up your Infinite Banking system, and you're wondering: "How long will this take?" In this episode I'll explain how long it usually takes, and why it sometimes takes longer. I'll also tell you what to expect in underwriting and share a real-world example of a case that took longer than usual, and the harmless reasons why. Listen now! Show highlights include: How long underwriting typically takes. (1:04) Two common things that prompt additional requirements for underwriting, and makes the process longer. (1:51) Why it's best to schedule a morning appointment with the exam company. (2:07) Chilling effect on your policy if you're dishonest when answering medical questions. (3:53) Surprising way nicotine can "gum" up your rate. (4:34) Why an occasional cigar doesn't automatically send your health rating up in smoke. (5:14) What underwriters are really looking for when they order medical records. (7:48) How medications can affect your application for better or worse. (13:32) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You're ready to start Infinite Banking and you want to replace or cancel existing life insurance contracts so your resources can go toward your new policy. Be careful! Some contracts have a provision that will leave you with just a fraction of the money you've put into the policy if you walk away. I'm talking about surrender charges. And in this episode I'll explain what they are, how they work, and how to navigate if your policy has one. I'll also explain which policies are most likely and least likely to have these charges. Listen now! Show highlights include: What to consider before canceling a policy so you don't make a costly mistake you can't fix. (1:04) Canceled a Whole Life policy and didn't get back every penny you put in? It's not a surrender charge: here's what happened. (3:47) Sneaky way IULs mask their unsuitability for Infinite Banking. (6:46) Want to get out of an IUL? Where to find the surrender charge schedule so you know what to expect. (9:21) Surprising real-life time when replacing a Whole Life policy made sense. (10:24) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

You already know IBC can help you have a predictable income stream in retirement, but you might be wondering if there's even more you could do to brace for the uncertainty of your golden years. This episode is for you because I'll explain how to set up a product that works like a personal pension, how it works, and why now could be the absolute best time to consider this type of vehicle. Listen now! Show highlights include: Overlooked certainty (as sure as death and taxes) that will crush your standard of living if you're unprepared. (1:30) How the government's refusal to tackle the deficit threatens your freedom and wealth. (2:09)  "Inevitable" reason the government will lower interest rates, and what it means for financial and insurance products when they do. (4:03) Why now might be the best opportunity for the rest of your life to acquire this financial vehicle. (6:14) How to create a "DIY pension." (9:50) Unprecedented way–not offered by most companies–to prepare yourself for long term care needs. (10:39) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

A key benefit of Infinite Banking is the ability to borrow against the cash value in a Whole Life insurance policy. So you might be wondering: "Does it have to be specially built, or will any Whole Life policy work?" This is a great question because it helps us appreciate the difference between something that technically works and something that works for you the best it possibly can. In this episode, I'll explain why it's best to start with a Whole Life insurance policy specifically structured for IBC, when your interest is in creating a family banking system. I'll also share when it makes sense to use your existing Whole Life policy, even though you started it before you knew what Infinite Banking was. Listen now! Show highlights include: Essential provision your Whole Life policy must have if you're using it for IBC. (1:34) Why the actions you take matter more than compound interest. (2:19) Counterintuitive reason to repay yourself with more interest than the insurance company charges. (2:59) 3 ways your life insurance company can accept funds, and how it affects the extra interest you pay yourself on your loans. (4:28) Should you replace your traditional whole life policy? Here's when it makes sense to keep it. (11:07) Ideal way to start IBC, so you can have cash value available sooner. (11:32) Why you shouldn't use an IUL for Infinite Banking. (13:30) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's time to bust another myth about Infinite Banking. This time I'm tackling the mistaken idea that borrowing against your life insurance policy makes you lose money. I'll explain where the confusion comes from, and the truth about IBC and borrowing. Listen now! Show highlights include: Surprising source of IBC confusion. (1:15) IBC loans "de-mystified." What actually happens when you take a policy loan. (1:45) Unique advantages to borrowing against your policy cash value, instead of from a bank. (2:04) Why life insurance loans are the most efficient type of loan. (3:59) 3 concerns that fuel confusion about life insurance loans. (5:00) Beware! Risks that actually could wreck your policy. (8:54) Bank Loans and Credit vs. Policy loans. The clear-cut winner. (12:27) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people think Infinite Banking is only for retirement planning. But while IBC is wonderful in retirement, it's a mistake to think it can only help you later in life. In this episode, I'll explain the multitude of ways IBC can help you plan in all stages, not just retirement. Listen now! Show highlights include: Key features of IBC and common pitfalls to avoid. (2:41) Unbelievable flexibility of IBC policy loans. (3:16) How IBC benefits entrepreneurs without making them debt slaves to banks. (5:28) Why you shouldn't borrow against your policy too often, even though you can. (6:24) How to make your emergency fund work harder, without losing access to funds when you need them most. (7:26) Distinguished way to help your kids or grandchildren with college expenses, and it doesn't hurt their FAFSA. (8:03) The simple move that smashes high-interest debt with low-stress rate and payment terms you choose. (9:00) IBC's "Carpe Diem" secret to capture time-sensitive opportunities — even in real estate. (10:12) Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)