Episode 47: Teach You to Be Rich - Banks   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave starts a new mini-series titled “Make You Rich.”  Ramit Sethi’s book I Will Teach You to Be Rich caught Dave’s eye and was a great read over the past week.  The book is a great one, but has one major flaw - it doesn’t address the Infinite Banking Concept.  The goal of this mini-series is to work through Mr. Sethi’s book a chapter at a time through the lens of the Infinite Banking Concept. This week’s episode focuses on Banks - the good, the bad, and the (mostly) ugly.  How does Mr. Sethi see banks?  How would he manage his accounts?  How does what a bank provides compare to what IBC provides?   Also in this week’s episode, Dave doesn’t create episodes to hear his own voice, he finds a new book for his kids to read, and he hopes to be a sounding board.   Key takeaway: Ramit Sethi teaches the reader how to be a smarter customer inside the banking system.  Infinite Banking allows one to stop being the customer and start being the system.   Resources Mentioned: [Link HERE] Ramit Sethi’s “I Will Teach You to be Rich”  📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

‘Best Of’ 1: How Banks Are Stealing Your Wealth   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, we take a look back at one of the most listened to episodes on the ‘Best Of’ series. Sit back, relax, and it’s our hope you’re able to gain a new insight into IBC as you re-listen to this important episode. As always, if Mike or Dave is able to help, please don’t hesitate to reach out at the socials below.   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 45: AVERAGE vs ACTUAL Rate of Return - with Joe Pantozzi   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Joe Pantozzi joins Mike and Dave to talk through how people often describe investments - the average rate of return.  Joe lays it all out there - the numbers, all of the variables, and the broader perspective - to allow the listener and viewer deeper insight into how new knowledge can shape perspective when it comes to rates of return.   Simply put, the average rate of return is rarely ever the actual rate of return in an investment.   Included in this episode: Figures can lie, liars can figure Numbers all by themselves can be misleading When one adds a specific timeline, human nature, and market volatility to the equation, one often gets a completely different result than the average rate of return One can average double digit nominal returns and still run out of money in retirement One needs to look at the entire picture - income, outgo, assets, liabilities Joe, Mike, and Dave are able to help you create a plan Ownership = control = wealth = FREEDOM    Also in this episode, Dave knows when to be quiet, Mike is an esteemed guest at an estate, and Joe is very smart.  This may be the one episode that you don’t want to miss!    Key takeaway: “The solution to financial problems is not a product.  The solution is a mindset."     -Joe Pantozzi   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 44: [Part 2] Kyle Busch Revisited…with Mike!   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Mike and Dave finish their conversation based on the Kyle Busch situation being played out within the media.  The guys reaffirm their position on why they use Whole Life policies over IULs, talk through situations they’ve encountered in the life insurance space, and double-down on their desire to put the client first in any policy they build.   Also in this episode, the guys wear the same clothes, everyone wants to talk with the Costco gas station attendant, and Mike calls things ‘sexy.’  Join us for the conclusion of an important discussion that’s relevant in today’s society! Key takeaway: Mike and Dave will always put the client ahead of any commission that is to be made.   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 43: [Part 1] Revisiting Kyle Busch - with Mike!    Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Mike and Dave revisit the Kyle Busch situation.  New information has come out reading the creation of the policy, the agent who facilitated the policy, and the actions of the Busch family.  There’s lots to talk about in this situation and Mike and Dave work to hit the highlights in this two parts series.      Mike and Dave talk through their reactions to the new information as well as the benefits and risks of leveraging IBC through an Index Universal Life (IUL) policy as the Busch family did.  The guys also make educated guesses on how and why things went wrong, providing tangible examples on what to look for when thinning through IUL’s as an option for an IBC policy.  Lastly, the guys discuss why both they and the larger Nelson Nash Institute community choose Whole Life policies instead of IUL’s to facilitate the Infinite Banking Concept.      Also in this episode, Mike is an LL Cool J fan, the guys talk Jordan shoes, and Dave is excited to have Mike back on the podcast!   Key takeaway: For an IBC policy to perform as intended, two things need to happen: (1) the agent needs to build the policy in a way that is knowledgeable and benefits the client, and (2) the client needs to follow through with the promised funding of the policy.   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 42: Instead, Make Sure to IBC Like Walt Disney   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave talks about a famous person that did it correctly - Walt Disney!  Mr. Disney needed some cash to begin his journey of starting Disney World, and the bank wouldn’t give the cash to him!  So, like most that would do pretty much anything to realize a dream, Mr. Disney leveraged an asset he had control over - his life insurance policy! Dave talks through an example of someone famous who leveraged their permanent policy to achieve something great!  Dave goes on to talk through how this same line of thinking can help you leverage a Whole Life policy to ensure that the money your family is sending stays with your family forever!  A flashback to the 1950’s, Mickey Mouse, and talking talking family legacy - this episode has it all! Also in this episode, Mike buys some Jordans (!), Dave is tired of talking into a vacuum, and we discuss the “happy place on earth!” Key takeaway: Use Walt Disney’s example as inspiration — but design your policy with care and make sure the policy is specific to your needs.     Resources Mentioned: -Disney Story Source #1: https://www.peoplesvictory.org/howlifeinsurancebuiltdisney -Disney Story Source #2: https://www.youtube.com/watch?v=thVkz8e6ta0 -Disney Story Source #3: https://www.commercebank.com/personal/ideas-and-tips/2021/the-story-of-the-loan-that-helped-build-disneyland   📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 41: Don’t IBC Like Kyle Busch Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave talks about a big story in the Life Insurance World!  Kyle Busch, the famous NASCAR driver, is suing his insurance company and his former agent because the policies that were created for his family were not meeting the promises that were described from the onset. Taking this tale of caution and diving deeper, Dave ran across Bobby Samuelson, a gentleman that stakes his claims on providing unbiased opinions on life insurance products.  Naturally, Dave had to find out what Bobby had to say about the Infinite Banking Concept. Bobby breaks down the good, the bad, and the pitfalls of IBC while Dave provides the synopsis so you don’t have to read everything for yourself.  Sit back, relax, and be ready to hear a non-IBC guy’s perspective on IBC.  Let’s go! Key takeaway: “If you have stable, sufficient income, are patient, want more control over how you access and use capital, and are comfortable with a long-term life insurance policy — then IBC is a good fit.”    -Bobby Samuelson   Resources Mentioned: -Kyle Busch Story: https://lifeproductreview.com/2025/11/03/443-busch-v-pacific-life/ -Bobby Samuelson’s Website:  https://lifeproductreview.com/  📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 40: The Other Side of IBC Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave takes a look at the other side of IBC: the Life Insurance Component.  Much is made of the banking capabilities in IBC, but the life insurance side is often overlooked.  The fact that an IBC policy is tied to a life insurance policy provides stability, tax free implications, and legacy building power for generations.  Dave provides five thoughts on why building IBC policies around life insurance is so important.   Also in this episode, Dave calls people negative terms, forgets one of the most important parts, and works to convey that there are bigger things in life than money. Key takeaway: “Even though we talk a lot about the cash value and control aspects of Infinite Banking, at its core, we’re still dealing with a life insurance contract — and that brings built-in protection.”   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 39: Critiques, Claims, and Cash-Value - IBC Conversations Online Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave dives deep into the internet world of finance.  After someone asks a question about IBC in a financial forum, Dave reads through the responses.  There is some good, a lot or misunderstanding, and some downright incorrect.  If you understand IBC in some of the ways stated in this episode, Dave’s goal is to shed light on the misinformation used to formulate the responses.   Also in this episode, Dave can’t talk, he calls out a big-wig for not knowing IBC, and gets mad at punctuation!   Key takeaway: Please, please, please - learn what IBC is and does.  THEN make your decision on whether or not IBC is for you and your loved ones.    Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 38: Would ChatGPT Do IBC? Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave asks ChatGPT - If you were me, would you do IBC?  As an unbiased third party, ChatGPT walks Dave through the pros and cons of INC from its perspective.  ChatGPT also provides a checklist of things it would ensure are in place prior to jumping into building a policy, building on foundational principles and into financial literacy understanding.  Join Dave as he picks the brain of artificial intelligence, with the goal of helping you better determine if IBC is correct for you and your loved ones!  Also in this episode, Dave goes too slowly, feels weird in conversing with AI, and can’t enunciate coherently to end a podcast.  Key takeaway: “If I were a person living in the real world (with a job, income, family goals, and taxes to pay), I’d definitely look into IBC—but I wouldn’t jump in blindly.”   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 37: IBC Stories: Yvonne Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave is excited to interview Yvonne Burke, an IBC expert and a long-time practitioner in her own right.  As an expert, Yvonne talks through people’s most asked questions when starting IBC, provides simple, succinct advice in getting started, and she shares where she made her biggest mistake in getting started.  Yvonne also addressed ‘the noise around IBC,’ what to look for in an agent when getting started, and misconceptions that lead to poor choices and, even worse, not getting started.  Sit back and relax with Dave and Yvonne provides experience and insight into IBC. Also in this episode, Dave doesn’t know hot swim, Yvonne becomes a franchisee, and Yvonne watches IBC change lives forever. Key takeaway: "Procrastination is the killer of dreams.”   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 36: Can One Dollar do Two Jobs at Once? Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave poses the question. “Can One Dollar do Two Jobs at once?”  The answer: YES!  Dave discusses how this simple question gets at the heart of IBC.  The one dollar (1) stays within the policy growing one dividends, interest, and an internal rate of return while at the same time (2) is able to be leveraged to go pay for the things one already has slated in their budget.  It’s not too crazy to be true - it’s IBC! Also in this episode, Dave surprises himself with a good example, he uses other people’s money, and he’s excited for next week’s episode! Key takeaway: Re-think your thinking.  Understanding that one dollar is doing two jobs at once is a great way to understand IBC!   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 35: IBC Stories - Joe Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave is joined by Joe Pantozzi, the founder and CEO of Alpha Omega Wealth.  Joe has been in the business 50+ years and had the privilege of personally knowing Nelson Nash, the founder of the Infinite Banking Concept.  Joe takes Dave and the listeners through the ideas of ‘re-thinking one’s thinking’ and capitalizing one’s policy - two of the foundational principles in getting started with IBC.  Joe is an expert in the IBC world, so sit back, listen, and learn with Dave as Joe engages everyone in an IBC master-class. Also in this episode, Joe is a Cy Young winner, Dave is a neophyte, and Joe lives in a world that doesn’t have Starbucks.  Listen in for another great IBC Guys episode! Key takeaway: Re-thinking one’s thinking is of utmost importance.  Capitalizing one’s policy takes discipline and the ability to go against the grain.   Alpha Omega Wealth - https://www.alphaomegawealth.com/   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 34: The Trauma Around Money   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave discusses a new book titled The Trauma Around Money: Mapping Compassionate Pathways to Healing Financial Wounds and Disempowering Shame.  Dave is no expert on the topic, but he does talk with a lot of people struggling with different mindsets (trauma) when it comes to money.  Join Dave as he discusses Chapman’s book, discusses his own story in money trauma, and shows how IBC can help combat some of the lies that others tell you and that you tell yourself. Key takeaway: True financial literacy and healing often require going beyond “how to budget, save, invest.”  Instead, one often needs to address first  the emotional, relational, generational stories that exist behind money.   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom  

Episode 33: Base vs. Paid Up Additions Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave discusses the two components that build IBC policies - the Base premium and the Paid Up Additions (PUA) premium.  He goes through and discusses how each policy should be built for the client and not just as a one-size-fits-all suggestion from the agent.  The Base and PUA should combine to provide the client exactly what they are looking for in the policy.  Dave also discusses the roles of the Base and the PUA, respectively, and how each has its own role within the policy.  If you’ve been looking for an episode that arms the listener in talking about IBC, this one’s for you!    Also in this episode, Dave divulges commission secrets, misses Mike’s profound knowledge, and doubles down on the desire of the IBC Guys.  Don’t miss it! Key takeaway: The Base premium and the PUA premium should combine to be exactly what the client wants.  If it doesn't, the policy is not for them!   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 32: The Downsides of IBC Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Dave discusses the downsides of IBC.  The Guys want to get IBC out to everyone, so the Guys thought it time to discuss the downsides of IBC.  Dave discusses the downsides to individual policies as well as the broad overarching downsides of all Whole Life policies.  Dave doesn’t do this alone, though.  He brings in Nelson Nash, Carlos Lara, and Dr. Bob Murphy to help him discuss the aspects of IBC that maybe aren’t so great. Also in this episode, Dave cannot say big words, there’s technical difficulties, and Dave provides unprompted book reviews. If you’ve been wondering what the downsides of IBC are, this is the episode for you! Key takeaway: IBC is not an investment.  The goal of IBC is to monetize money one is already spending.  In other words, to have one's money make money make money. Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/ 🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom  

Episode 31 - IBC Loan: Is There Interest?    Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Mike is away and Dave works to tackle a question people often ask - “Is there interest when I take a Cash Value loan?”  Discussing the ceiling of Cash Value, the collateral of the Death Benefit, and how the ledger continues to make one uninterrupted compounding growth, Dave discusses how the interest rate comes out to about a 0% interest loan.  All the above, as well as fixed and variable loans, coalesce into an episode that answers the question, “Is there interest?” Also in this episode, Dave has no excuse for rabbit trailing, he discusses how IBC loans are leveraged within his own company, and he teases the coming episode with Mike.  If you’ve been interested in how loan interest works within IBC, this episode is for you! Key takeaway: Any money you’ve put into the policy continues to make uninterrupted exponential growth, even if/while you’ve borrowed against the Cash Value and are paying an interest rate to the insurance company.   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/ 🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom  

Episode 30: EVA (Economic Value Added) Part 2 Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Mike and Dave further discuss EVA - or Economic Value Added.  In Part 1, the guys worked to (1) define EVA and (2) provide insight into how IBC considers EVA while allowing one to still use someone else’s money.  EVA is a complicated issue but, at its heart, there is one question:  Has the earning potential been considered for the money you are saving or spending? Also in this episode, Mike is looking for listener help in how to become a guy that collects shoes, Dave dresses in his Mike Stevens uniform, and the guys think they have a lot of time left when they don’t.  EVA is a great advocate for IBC - ensuring one’s money is working for them before using someone else’s money to take care of needs. Key takeaway: Consider the money making potential of your capital before you save or spend.  Then remember, IBC allows one to do both! Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/ 🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom  

Episode 29: EVA (Economic Value Added) Part 1   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Mike and Dave discuss EVA - or Economic Value Added.  Nelson Nash, the Godfather of OBC, states “One finances everything.”  What he means is that there is a cost to every choice made with one’s money - even saving it in a shoebox.  The Guys work to define EVA, discuss the impact EVA has on making financial choices, and then how EVA relates and shows up in IBC.  This higher level IBC topic is great for those who are just beginning their IBC journey as well as those who have had their policies for years!  Also in the 1st episode of 2 in talking about EVA, Mike is working on his professional wrestling catch phrase, Dave tries to sound smart in quoting Nelson Nash, and the guys compare their own personal banking policies!  EVA is a great mirror to look into when making decisions for one’s financial future.   Key takeaway: If one can, considering EVA is always best when making choices with money.   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 28: Shame in Finances?   Welcome back to The IBC Guys Podcast!   In this episode of The IBC Guys, Mike is away, so Dave and Tim get to hang out and discuss an interesting topic around finances - shame.  The title of the episode has a two-fold meaning: (1) Does one have shame in finances and (2) Should one have shame in finances?  The guys share their thoughts around shame related to their own finances and, specifically IBC, including personal examples of how they have felt shame around finances in their lives.  If you’re looking for encouragement this week, this episode is for you!   Also in this episode, Mike knows everyone, Dave’s Mom thinks he’s crazy, and Tim purchases all of Amazon.  Join the guys as they talk through thoughts and feelings most people have when it comes to IBC and their finances!   Key takeaway: The IBC process is new and can be scary - but the worst mistake one can make is not starting!   Resources Mentioned: 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom