Family Banking Strategy with Whole Life: An 11-Year Case Study, with John Moriarty

This week, we welcome John Moriarty back to the Money Advantage Podcast. In Part 1, we talked about building a family bank on a conceptual level. Now, we pull in real facts and figures to show you how private family banking looks in action. https://www.youtube.com/watch?v=ghvEU4tXzw8 If you have considered implementing family banking and didn't know where to start or what it looked like, this is your chance to pull back the curtain. And this is not speculation. John is showing us how he personally implements the Infinite Banking Concept to be the banker and build his family bank.  Now is your opportunity to see behind the scenes! You’ll see a high level of funding, cash value, how he is using policy loans, the internal growth of each whole life policy, the death benefit, and how he's getting a front-row seat to opportunities. Why? It's all because of this family banking system and tool for storing cash reserves. Table of contents* In This Episode, you'll learn:* Where Private Family Banking Fits into Your Cash Flow System* The "Mystery” of the Family Bank * The Basics of a Family Banking System* Enjoying Your Money* Private Family Banking with Whole Life Insurance* Why Would You Want to Borrow Your Own Money?* The Long Game* Start Your Family Bank* Get the Moriarty 11-Year Case Study* Book A Strategy Call In This Episode, you'll learn: * What it takes to become your own banker and start a family bank* How to build a family bank with whole life insurance policies over time* What you can and cannot do with a whole life insurance policy* Why you should not fear interest charges* How to structure your repayment strategy Where Private Family Banking Fits into Your Cash Flow System Family Banking is just one step in the greater Cash Flow System. It fits into Stage 2, a part of keeping and protecting your money.  We said before that Privatized Banking is like the peanut butter to your cash flow sandwich.  It’s wedged between Stage 1 – keeping more of the money you already make – and Stage 3 – increasing your cash flow from investments. And it helps you do everything else better. Infinite Banking increases your financial efficiency, enables you to keep more of what you already make, amplifies your cash-flowing asset strategy, and accelerates your time and money freedom. The Infinite Banking Concept is the how of keeping and protecting your m...