If you’re like most people, you’ve probably noticed how little traditional banking actually benefits you in the long run. Appearances aside, banks don’t operate with your best interests at heart. They make choices to maximize their own growth—often at your expense.
While banks encourage you to save and play it safe, they take your money and invest it to generate massive returns for themselves. Why would they tell you to do the opposite of what they do?
Have you ever asked yourself why banks push us into strategies that benefit them but not us? What if there were a way to reclaim control and finally make money work in your favor?
This is where the Infinite Banking Concept comes in. Instead of being caught in the cycle of dependence on banks that don’t serve you, Infinite Banking enables you to become your own bank, using a strategy that allows you to grow your wealth while keeping full control.
In this clip, investor and host of The Mr. Burr Show Podcast joins me to talk about how Infinite Banking can completely shift your financial future and what it means to be your own bank and build wealth on your own terms.
Things You’ll Learn In This Episode
-Work on yourself to become more valuable
Investing in personal growth expands our knowledge and increases our value. Why is personal development the ultimate business advantage?
-Misconceptions about inflation
Inflation isn't just about rising prices; it's also influenced by the decreasing purchasing power of money. What else are people mistaken about when it comes to inflation and what it truly means?
-What banks don’t want you to know
Banks benefit from Bank-Owned Life Insurance (BOLI) by gaining tax-advantaged income and offsetting employee benefits costs, though it’s a lesser-known strategy. Why is this so?
Guest Bio
Devin Burr began his career in mortgage refinancing in 2005 and later worked at Quicken Loans before leaving his corporate job in October 2019 to pursue real estate investing full-time. By March 2020, he had completed seven deals, all through strategic networking. When the pandemic hit, Devin discovered the concept of Infinite Banking on a podcast and was inspired by its potential to fund real estate deals. Intrigued, he dove deeper into Infinite Banking, and by December 2020, he began sharing his insights on TikTok, quickly building a following.
Devin’s journey took a dramatic turn from 2016, when he faced bankruptcy with only $300 to his name. By mastering Infinite Banking and combining it with real estate investment, he reached millionaire status by the end of 2020 and became a multimillionaire by 2021. Today, he dedicates himself to teaching others the transformative power of “becoming your own bank,” empowering people to reclaim control over their finances and build wealth
Visit https://go.mrbrrrr.com/
Follow Devin on Instagram @mr_brrrr
Subscribe to Devin’s YouTube Channel @Mr_brrrr
Follow Devin on TikTok @mr_brrrr
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.
