Podcst
How to Become Your Own Bank | Chris Naugle | EP 29 by Justin Colby

How to Become Your Own Bank | Chris Naugle | EP 29

from The Entrepreneur DNA

by Justin Colby

Published: Mon Jul 15 2024

Show Notes

Today I interview Chris Naugle, a successful entrepreneur and financial expert, who introduces the concept of becoming your own bank. Chris explains how individuals can gain financial independence by utilizing specially designed whole life insurance policies to finance their purchases and investments, rather than relying on traditional banks. Sharing his personal success story, Chris details the benefits of this model, such as maintaining control over your money, earning guaranteed interest, and creating a tax-free income stream. The discussion also covers practical applications, including managing debt and planning for retirement, emphasizing how anyone can implement this strategy to secure their financial future.