Dave Ramsey Doesn't Understand Infinite Banking...and Probably Never Will

Money School Podcast

Infinite Banking is one of the most misunderstood finance concepts on earth. Even the biggest so-called financial experts get it wrong, and rob people of incredible wealth-building opportunities.

Case in point: Dave Ramsey. He often promotes term insurance, which is very different to Infinite Banking and this narrative overshadows the true value of whole life insurance.

Many people don’t realize how these systems work and the long-term benefits they offer.

Why do some people seem to effortlessly build wealth while you’re stuck in a cycle of endless premiums with term insurance? What if the narrative you've been told is holding you back from achieving true financial independence?

In this episode, I provide insights to help you break free from the cycle of misinformation surrounding insurance. I clarify the true value of whole life versus term insurance and shed light on the often-misunderstood Infinite Banking Concept—a crucial point that many overlook.

Not everyone fits in the same little square box. -Chris Naugle

Things You’ll Learn In This Episode

-Paid-up additions

Paid-up additions are the key element to designing whole life for maximum cash value. How do paid-up additions actually work?

-BOLI vs. whole life insurance.

How does BOLI's investment-focused structure differ from the personal benefits of whole life insurance for individuals?

-How whole life and Infinite Banking work together

Whole life insurance is the foundation of the Infinite Banking Concept. How does the cash value in a Whole Life policy create opportunities for personal banking through the Infinite Banking Concept?

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.