60. Mortgage Free Using The Infinite Banking Concept – David Klein – Client Series

CLIENT SERIES EPISODE:

David Klein, 36 year old, has been a police officer for the past 13 years. He and his wife, Devon, have two boys and live in Alberta, Canada. David’s father worked for the CRA so RRSPs and cash in the bank were some of the key financial lessons that were taught in the Klein household growing up. David was introduced to IBC nine years ago. Thinking that IBC was a scam and sounded too good to be true, he spent nine months researching it and looking for loopholes that could exist. Not being able to find any, David finally started off with one policy that he used to pay off his car. David now has over four policies, paid off for two cars and the mortgage on their primary home. He also owns four other rental properties, all with his current income because of IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:10 How David became his own banker

5:25 The impact that IBC has had on David’s life

12:15 Getting started with IBC

19:04 David’s recommendation to people considering whether to start IBC

22:28 Nelson Nash’s five golden rules

25:29 The multigenerational impact of IBC