For a couple episodes I’ve been talking about creating your piggy back on steroids but we haven’t dived deep into one of my favorite things which is the Bankosaurus®. Today we get to talk about using whole life insurance to fund your life situations and become your own bank.

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help other people create a “Piggy Bank On Steroids,” and earn better yields with less risk by investing Off Wall Street.

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Show Notes

  • Introducing the Bankosaurus® – 0:42
  • Why Ken’s clients are worry free in the current stock market crash – 1:12
  • The foundation is saving money – 2:43
  • Why I like dividend paying whole life insurance – 4:00
  • Earned income is your most powerful investment – 6:22
  • Helping people understand term insurance – 7:27
  • Understanding dividend whole life insurance – 9:12
  • The financial industry isn’t doing what they are actually teaching – 13:07
  • It’s liquid so anytime I want to access the funds I just pickup the phone – 15:10
  • Ken’s example of using Bankosaurus® in typical life situations – 16:22
  • Why we finance everything in our life – 18:52
  • How your Bankosaurus® gets bigger and bigger over time – 23:30
  • The 2 things I don’t like about life insurance – 24:25
  • Why you miss out on opportunities without having savings or a Bankosaurus® – 28:11

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