However, since it's borrowed money, the money you put in continues to grow uninterrupted compound interest. So you can take out money on a policy loan, which is borrowing money from the insurance company's general fund. The policy has a guaranteed growth rate inside the contract.

Whether it's 100 dollars or 100,000 dollars, the policy will work the same way.

You can set up the policy with any amount. You probably haven't heard about this because the agent has to take a 60 to 90 percent cut in their commission to design this policy, and no agent wants to do that. The policy is designed so that you have high, immediate cash value to use from that policy and immediate means within 30 days. It's a specifically designed and engineered whole-life policy that pays yearly dividends. It's not the standard whole-life policy that most agents try to sell you. So the idea around the concept is that you purchase a whole life insurance policy in a mutual company that pays dividends. ( 7:00) What Is The Infinite Banking Concept After seeing how well it worked for him, Brent has now shifted his focus to teaching others how they can implement the same concept in their lives and change their financial situation for the better. When he first heard someone speaking about the infinite banking concept, like most people, he was skeptical, but finally, in 2008, he started implementing the idea in his life and was able to pay off his debt in 39 months. He had precisely 984,711 dollars of debt to his name. Listen to Josh and Brent discuss the money multiplier method:īrent used to be a licensed chiropractor and chiropractic coach however, that didn't necessarily translate into patients lining up outside his clinic. He explains the infinite banking system and how you can start putting your money in different areas and make it work for you. This week on the podcast, Brent talks about his money multiplier method. Brent passionately believes that whether you make $10/hour or $10,000/hour, you should know about and learn how to use this powerful information to control your money. Over the last ten years, he has been lecturing thousands of people around the country on the dynamics of the TMM Method and helping individuals break the bonds of financial slavery and take control of their financial life. After taking advice from his previous mentor, Brent started his journey to becoming a licensed producer. His primary goal was to help more people understand how to manage and grow their wealth. Once he had realized how powerful the TMM method was, he became passionate about sharing it with others. However, after developing and implementing The Money Multiplier (TMM) Method, he could pay off over 984,000 dollars in 3rd party debt over the span of 39 months. Brent was a chiropractor and chiropractic coach for over 14 years. In this episode of the Making Bank podcast, we welcome guest Brent Kesler, owner of The Money Multiplier.

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