Here is my newest stack of books to read to help me further understand the benefits and ultimately the necessity of IBC.

Hi all — I wanted to share a tool I've been working on for a while to help me manage my IBC strategy. I built it for myself first. I'm hoping for feedback so I can make it useful for others too — the goal is to make IBC more transparent. Take a look at https://ibctool.app It keeps your policies in one place: cash value, loans, and what you can still borrow. Envelope-style budgeting of your cash value so you can earmark money for a car, a property, reserves, etc. without actually pulling it out of the policy. It also helps you run the PUA ↔ loan cycle for recurring expenses (Nash's new car example): borrow against a category, repay from redirected PUA, refill when the loan is gone, borrow again. And it keeps an eye on the usual policy nuances and footguns — interest about to capitalize, PUA room you're behind on, a rider close to lapsing, that kind of thing. Its currently free to use and I'm looking for feedback, so hop on and let me know what you think. Feel free to post any questions you may have here.

I got to thinking last night of how to explain IBC to someone who gets nervous at hearing about life insurance. A good analogy would be buying a small amount of gold say $10k and knowing that it would be worth $20k in 10 years. Unless under dire circumstances, one wouldn't want to sell the gold now knowing what it will be worth in the future. However, you would still want access to the money that the gold represents, so you go to the bank and get a loan against the gold you have. If you pay back the loan, you get all of the gold back, and it is worth more because it gets more valuable as time goes on. If you don't pay it back, you don't get to keep the gold and can't borrow against it anymore. Then with an IBC method, you buy more gold every year that you know how it is going to grow, so each year, you have access to that much more capital. While not everyone is comfortable talking about life insurance contracts, replacing life insurance with gold is an easy way to talk about it that anyone can understand. This doesn't even include the dividends to buy more gold, or the death benefit where you get more gold either, but could be an easy way to start the conversation.

Can be just to say hi, tell a story about how you discovered IBC, what you're exited about right now etc. Please feel free to mention also what you do so we can support eachothers businesses, but let's not be "spammy" about it ok?

Hey Wealth Warehouse Skool Community Members! This morning David and Paul will be LIVE hosting a discussion on the cost of NOT doing IBC. We'd love to have you join. Pop your questions in the chat to participate in the discussion during the live, or even request to jump up on 'stage' to speak too! Register to join here. https://riverside.com/webinar/registration/eyJldmVudElkIjoiNmE4NzQ4Y2M3ZmUzN2I0OTQ1NTA3YWJkIiwic2x1ZyI6IndlYWx0aC13YXJlaG91c2UtcG9kY2FzdCJ9 **This session will be recorded and produced on their channel.