Master the Concept of Infinite Banking
The Money Blog
Read through our collection of articles on the Infinite Banking Concept (IBC) and other money matters.
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Read more »: What Are The Financial Risks of Having Only One Primary Beneficiary?Why Do I Need A Primary Beneficiary? When you have a life insurance policy, you may be concerned with dividing up the benefit amount and who will take responsibility for your children or other dependents after your death. Additionally, there will be many obligations that need to be dealt with when you pass away. Therefore,…
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Read more »: What is Corporate tax?Corporate tax, or the corporate income tax, is a tax that is levied on profits or incomes generated by businesses or corporations. Corporate taxes can be levied on income produced from the business activities and income produced on property such as investments. The government imposes a direct income tax on companies’ earnings, usually based on…
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Read more »: What is Income Tax in Canada?
Income tax is the percentage of your earnings (business or personal) that you pay to the government. Canada’s income tax system is graduated, meaning that your tax rate will depend on what you earn. Canada Revenue Agency (CRA), which manages the income tax revenue, is responsible for financing various government services. These services include vital…
The Premier Channel: Bankers Vault
Watch out our latest videos and tutorials on the Infinite Banking Concept and other financial topics.
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CLICK HERE 👉 http://watchibc.com/ In this episode, we dive deep into the fundamentals of infinite banking and the common misconceptions surrounding cash value life insurance. The discussion centers around R. Nelson Nash’s book Becoming Your Own Banker, emphasizing the difference between purchasing a policy and implementing a banking process. Through the equipment financing example, Jayson…
The Podcast: Wealth on Main Street
North America’s #1 financial podcast where conversations about money are entertaining and informative. We’re transforming the conversation around money, making it approachable and clear.
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The financial professionals who helped you start your business may not be the right ones to help you grow. Richard Canfield discusses how many business owners start with a trusted accountant or bookkeeper but eventually outgrow their capabilities. While loyalty is valuable, your business’s financial needs change as you scale. If your financial team isn’t…
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