Infinite Banking FAQ

Why haven’t I heard about IBC before?

Here are few possible reasons you haven’t heard about IBC. First, Nelson Nash didn’t write his book, Becoming Your Own Banker, until 2000. Second, there are not enough IBC practitioners effectively teaching the Infinite Banking Concept. Third, most people will not take the time to educate themselves properly to understand the power of IBC. This includes advisors and potential clients…

What is Infinite Banking?

Can your money do more?

Think about this for a moment – if you could somehow recover all the interest you are currently paying (or will pay) to a lending institution, how would that improve your wealth generating potential?  That includes credit cards, car loans, student loans, business loans, and even mortgages.  The average American pays out $0.34 of every earned dollar as an interest expense.

Business Owners

Great news for Business Owners!

Every business, big or small, is built on the same universal basics: customers, cash flow, return on capital, and growth. Without even one of these, the business becomes stagnant and eventually fails. At its core, the business entity seeks customers with whom to exchange its goods and services for cash. It uses this cash to pay its expenses, replenish its inventory, and eventually grow…

Life Success & Legacy Podcast!

51,333

Total Podcast Listens!

100+

Number of Podcasts… And growing!

Life Success & Legacy Triagle

The Neslon Nash Institue Think Tank

In this episode Mike, Chris and Michael discuss the NNI Think Tank. What is it, who can attend and why do we go back. Take a listen to see how our team stays on the front end of Infinite Banking!
Life Success & Legacy Triagle

LSL Team Books: The role they play

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In this episode Chris Bay and Mike Kwong, with support from Mike C, discuss their two books, 'Family Banking with Purpose' and 'DIBS on Your Money!'. We dive into the books origins, how they fit with Nelsons BYOB and how they can be an integral…
Life Success & Legacy Triagle

External lines of credit. Are they good? Should I have them?

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In this episode, Mike, Chris and Mike Kwong dive into another great boot camp question; external lines of credit. We talk a lot about Nelson's five main principles, which include: Don't do business with Banks. What did Nelson mean, do external…
Life Success & Legacy Triagle

Applying IBC – Taxes, Recurring Expenses & More!

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In this episode Mike, Chris and Michael discuss a real life application of the Infinite Banking Concept. We often get asked what practical ways you can apply IBC, other than debt reduction. We tackle ideas like: Using your system to hold and…
Life Success & Legacy Triagle

DIBS on Your Money – Mike Kwong’s new book!

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In this episode Chris interviews Mike Kwong about the release of his new book, 'DIBS on Your Money'! They discuss everything from the inspiration for the book, how his daughter and wife contributed and the foundation for the book. This is a…
Life Success & Legacy Triagle

October Boot Camp Questions – A Deeper Dive

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In this episode Mike, Chris and Michael discuss a couple of the interesting questions we fielded during the October Boot Camp. First, do you need debt to make IBC work? And, if I have a large pool of assets already, is IBC even necessary. We…
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Hear from one of our clients!

Mike Everett

Mike Everett

CEO

I was introduced to The Infinite Banking Concept in 2005 and since I have studied diligently to help others learn the power of dividend-paying whole life insurance. I help people understand how to utilize IBC in their personal and business life, thus creating more freedom financially than they could dream.

Chris Bay

Chris Bay

COO - Chief Organization Officer

After serving in the public school system for 22 years as a teacher and principal, I continue to utilize my teaching and leadership background to help people understand and apply the Infinite Banking Concept in their lives. One of my strengths is that I am a questioner and a listener.

Mike Crawford

Mike Crawford

Technical Director

In November of 2014 I was introduced to the Infinite Banking Concept by Mike Everett when I was rebuilding the Life Success & Legacy website. Little did I know that just 5 months later I would not only be participating in the Infinite Banking Concept, but I would be working with Mike and Chris to educate and coach businesses and families on the freedom and hope that is inherent with the concept.

Shelley Forbis

Shelley Forbis

Client Coordinator

It is my passion to help others realize truths that can enrich their lives. Turning fear into hope is my vision and wish for anyone who feels as if her current situation is as good as it’s ever going to get. I have worked many years in the field of customer service, managing an amazing team for the past ten plus years. I left that job in February 2017 to pursue a more fulfilling path, which I have been blessed to find at Life Success & Legacy as their client coordinator.

Mike Kwong

Mike Kwong

IBC Coach / Passive Income Specialist

Over the course of my many careers, it was as a public school teacher that I discovered my penchant and passion for teaching. Combining my zeal for IBC with my love of teaching, I was honored to be invited to join the team at LSL as an IBC coach and can’t wait to meet you and get you on your way to financial freedom and prosperity.