89. Debt Freedom by Becoming Your Own Banker – Client Series – Recas Forbes

CLIENT SERIES. In today’s episode of Wealth Without Baystreet, we have Recas Forbes featuring on the client series. Recas has lived with his wife and two kids in Calgary for the past two years. For many decades, they lived in debt, burning through their savings to pay it off. Since he started practicing IBC three years ago, Recas and his wife have been able to pay off most of the bills that were due and are able to create special memories by travelling together as a family, something that was only a dream before. What Recas most loves about IBC is that it is such an easy, stress-free way of life that has been able to liberate them and allow them to approach retirement and support their children without having to worry about it.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

6:37 Recas’ experience through the process of becoming your own banker

10:29 Freedom to create memories as a family

16:08 IBC is too good to be true – but it is all true

18:15 Implementing IBC for his wife and kids

21:14 The ease of bill payments through policy loans

25:49 The rate of return on a peaceful stress-free life

32:37 The joy of firing your bankers

38:15 Who Recas would like to be a hero to

Want to know the seven simple steps for becoming your own banker? Visit – https://wealthwithoutbaystreet.com/7steps/