In this special reaction episode, Nick Poppe responds to a (pretty old but very popular) Dave Ramsey clip that calls the Infinite Banking Concept/Bank on Yourself a scam. Nick breaks down key misconceptions about Bank On Yourself and Infinite Banking, explaining their similarities and clarifying how these strategies truly work. He dives into misunderstood topics like insurance company dividends, cash value, commissions, and policy design, offering a detailed defense of the concept.

Nick shares his personal journey from being a Dave Ramsey follower to discovering the power of alternative financial tools and why personalized advice matters. He acknowledges where Ramsey is right and where he misses the mark, emphasizing the importance of working with trustworthy advisors and making choices that fit your unique goals.

See the full Dave Ramsey show clip from this episode at https://www.youtube.com/watch?v=5MVUN0yGF80

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Learn more about the Bank on Yourself strategy with the Bank on Yourself Special Report: https://www.bankonyourself.com/findoutmorenow?wp_src=NP43

Learn more about the power of guaranteed income for retirement and get your Lifetime Guaranteed Income Guide: https://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=NP43A&srcp