Q&A
What This Covers
A live Q&A session where Richard responds to client questions about repaying policy loans, interest tracking, and how he personally manages his cash flow and Infinite Banking strategy.
Why Clients Use It
- Clarifies flexibility in loan repayment strategy
- Encourages autonomy in managing policy loans
- Demonstrates how to integrate personal cash flow with Infinite Banking
- Shows a real-world example of applying principles without getting lost in the details
Key Insights by Timestamp
(starts at 00:00 mins)
Richard invites questions. Roman highlights that Infinite Banking gives you control over how to manage loan repayment, including the ability to consolidate or stretch it.
(00:37 mins)
Question on excess loan repayment: Richard explains you can put extra money toward the loan, or store it for a new policy. He chooses simplicity. Paying off loans faster reduces overall interest.
(01:52 mins)
He shares his approach: always aiming to grow more policies. Mentions funding a new $27,000 policy on his business partner to protect their shared ventures (books, podcast).
(03:17 mins)
Richard avoids “tracking interest spread.” His method: overpay loans consistently, knowing it frees capital for future policies, without overcomplicating it.
(04:26 mins)
Example: $1,500 x 5 months = $7,500 could fund a new policy. He adds more loans over time, stacks repayments, and still fulfills Nelson Nash’s principles, just in a streamlined way.
(06:03 mins)
He emphasizes practicality over precision, focusing on building the system, not micromanaging it. Mentions lifestyle adaptations (e.g., treadmill workdays) to stay efficient.
(07:06 mins)
Summary: showed how to redirect payments from external creditors to his system, gave loan amortization examples, and illustrated that you are the banker, so you make the rules.