The IBC Guys

|Ep66| IBC and The Psychology of Money - Reasonable > Rational

Episode 66: IBC and The Psychology of Money: Reasonable > Rational   Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  We discuss Chapter 11, Reasonable > Rational.  Housel discusses the need to remember the human side of how money is used when making decisions.  There is often a best, rational choice when it comes to money, but that choice may not be the most reasonable.  Housel encourages the reasonable choice because it is more realistic and is tenable over the course of a longer amount of time.  Excited to discuss and excited for you to join us! Also in this episode, Dave toots his own horn, Mike likes chocolate but not the kind you think, and Dave puts his IBC Cash Value to a practical use!  Key takeaway: “Do not aim to be coldly rational when making financial decisions.  Aim to just be pretty reasonable.” - Housel   Resources Mentioned: [Link HERE [https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681]] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min [https://calendly.com/dave-familybankingsolutions/30min] 📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee [https://www.facebook.com/dave.parmerlee] Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ [https://www.instagram.com/dave_ibcguys/] Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/ [https://www.linkedin.com/in/david-parmerlee-121bb3293/]   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 [https://www.facebook.com/profile.php?id=100090029017545] Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ [https://www.instagram.com/mike_ibcguys/] Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/ [https://www.linkedin.com/in/mike-stevens-962186336/] 🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

|Ep.65| IBC From Someone Else - What Do Others Say About Policy Design?

Episode 65: IBC From Someone Else: What Do Others Say About Policy Design?   Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Dave takes a look at IBC through the eyes of another producer - someone else who works with IBC.  In taking a look through their free guide, what do they have to say about policy design?  What do they encourage?  Caution?  Does what is said line up with what Mike and Dave talk about?  More importantly, does it line up with what Nelson Nash talks about?  All this is done with the goal of helping you decide what you think.  Join in and let’s talk IBC policy design!   Also in this episode, Dave says “stuffs”, Mike is traveling the world, and Dave is ready to go golfing. This is as practical and implementable as an episode can get, so don’t miss it! Key takeaway: Both (a) ideology and (b) policy design matter in IBC, but not all whole life policies are created equal—and policy design matters more than most people realize.   Resources Mentioned: [Link HERE [https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681]] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30minhttps://calendly.com/dave-familybankingsolutions/30min [https://calendly.com/dave-familybankingsolutions/30min]   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee [https://www.facebook.com/dave.parmerlee] Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ [https://www.instagram.com/dave_ibcguys/] Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/ [https://www.linkedin.com/in/david-parmerlee-121bb3293/]   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 [https://www.facebook.com/profile.php?id=100090029017545] Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ [https://www.instagram.com/mike_ibcguys/] Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/https://www.linkedin.com/in/mike-stevens-962186336/ [https://www.linkedin.com/in/mike-stevens-962186336/]   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!   #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

|Ep.63| IBC and the Psychology of Money - Man in the Car Paradox

Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, we continue the Psychology of Money series.  Housel wins the award for shortest chapter in a book - 1 page - but it’s thought provoking none the less.  When you admire a car, house, etc., are you admiring the person that owns that possession or are you visualizing what that wealth would look like in your possession?  Housel walks the reader through the paradox of ‘loud’ wealth and how it doesn’t really work as most people assume.  Dave then takes IBC and discusses how IBC fits within that paradox.  Man, what a great discussion! Also in this episode, Dave kills stuff, he makes up a new catch phrase, and he ends on a great on liner.  Join him for a thought provoking episode!   Key takeaway: Trying to look rich is one of the fastest ways to stay poor.   Resources Mentioned: [Link HERE [https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681]] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30minhttps://calendly.com/dave-familybankingsolutions/30min [https://calendly.com/dave-familybankingsolutions/30min]   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee [https://www.facebook.com/dave.parmerlee] Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ [https://www.instagram.com/dave_ibcguys/] Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/ [https://www.linkedin.com/in/david-parmerlee-121bb3293/]   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 [https://www.facebook.com/profile.php?id=100090029017545] Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ [https://www.instagram.com/mike_ibcguys/] Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/https://www.linkedin.com/in/mike-stevens-962186336/ [https://www.linkedin.com/in/mike-stevens-962186336/]   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

|Ep.62| IBC and Psychology of Money - Freedom

Episode 62: IBC and The Psychology of Money - Freedom   Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, we jump back into the Psychology of Money series.  Housel provides a great chapter on the idea of ‘Freedom’ and, then, how money helps one realize that freedom.  Dave takes it a step further and provides two ideas on how IBC provides the financial freedom Housel talks about - (1) freedom from banks, and (2) compounding financial freedom over time.  Have you ever wondered what it was like to work when you wanted, where you wanted, and with whom you wanted?  Let’s discuss it now! Also in this episode, Mike is taking Dave on a scary trip, Dave’s Dad brings home a Porsche, and RV’ing with your dog never sounded so good!  Join Dave in taking a look at ‘freedom’ through the lens of IBC! Key takeaway: “The highest form of wealth is control over your time.”   -Housel   Resources Mentioned: [Link HERE [https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681]] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30minhttps://calendly.com/dave-familybankingsolutions/30min [https://calendly.com/dave-familybankingsolutions/30min]   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee [https://www.facebook.com/dave.parmerlee] Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ [https://www.instagram.com/dave_ibcguys/] Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/ [https://www.linkedin.com/in/david-parmerlee-121bb3293/]   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 [https://www.facebook.com/profile.php?id=100090029017545] Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ [https://www.instagram.com/mike_ibcguys/] Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/https://www.linkedin.com/in/mike-stevens-962186336/ [https://www.linkedin.com/in/mike-stevens-962186336/]   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!

|Ep61| What Makes A Good Agent? - with Yvonne Burke

Episode 61: What Makes a Good Agent? - with Yvonne Burke   Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Yvonne Burke joins Dave once again to discuss “What Makes a Good Agent?”  ChatGPT certainly has an opinion, but Yvonne would argue that it’s missing a key aspect in determining a quality agent.  As the discussion unfolds, the foundational heart issues around being a good agent are discussed, along with the challenge of asking hard-hitting questions of your current or potential agent.  We also encourage listeners to be confident in asking questions and describing their needs - this will provide great insight into your agent as a person and as a professional!  This is a good one - don’t miss it! Also in this episode, Dave cannot say “ChatGPT”, we become doctors, and Yvonne is pretty much one of the Guys at this point.  Jump into this episode if you’re struggling to make that leap in reaching out about IBC! Key takeaway:  CHALLENGE your agent.  Ask them questions that are foundational to what you as the client want and need.   Resources Mentioned: [Link HERE [https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681]] Morgan Housel’s The Psychology of Money 📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30minhttps://calendly.com/dave-familybankingsolutions/30min [https://calendly.com/dave-familybankingsolutions/30min]   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee [https://www.facebook.com/dave.parmerlee] Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ [https://www.instagram.com/dave_ibcguys/] Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/ [https://www.linkedin.com/in/david-parmerlee-121bb3293/]   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 [https://www.facebook.com/profile.php?id=100090029017545] Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ [https://www.instagram.com/mike_ibcguys/] Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/https://www.linkedin.com/in/mike-stevens-962186336/ [https://www.linkedin.com/in/mike-stevens-962186336/]   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom