INSIDE THE VAULT: How to Use Life Insurance to Live Your Best Life with Marvin Mitchell

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  • Опубліковано 21 січ 2025

КОМЕНТАРІ • 1,4 тис.

  • @Geo139
    @Geo139 2 роки тому +316

    I'm a Life Agent and have been teaching this wealth building concept with Life Insurance for 24 years. I'm so glad it's becoming a conversation in our community.

    • @ttbanks121
      @ttbanks121 2 роки тому +6

      What are some good companies?

    • @samarakaythegodis
      @samarakaythegodis 2 роки тому +4

      How can interested parties contact you for your Whole Life Insurance start up?

    • @jonathanramos2366
      @jonathanramos2366 2 роки тому +3

      More information??

    • @gway9122
      @gway9122 2 роки тому +7

      So, would one use whole life or IUL policy and how would one get it structured the correct way?

    • @Emg3688
      @Emg3688 2 роки тому +1

      Still interested guys?

  • @b3linda
    @b3linda 2 роки тому +363

    I’m a Life and Health Insurance Broker. I’m so happy you shared this on EYL. More people in our communities need to be educated.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Thank you! I would love you to join my 5-day so go to this site and register. www.mypathtoprosperity.com

    • @officialtraydaymusic3475
      @officialtraydaymusic3475 2 роки тому +3

      Love it

    • @lagrant3914
      @lagrant3914 2 роки тому +16

      I'm kinda new to this ... and have been listening for a minute... want to proceed fwd with this cash value whole life insurance policy but in listening to everybody on UA-cam and Instagram talk about it but nobody talks about what are some of the top insurance companies to offer it... can someone please tell me which ones offer which ones are best

    • @laby8089
      @laby8089 2 роки тому +6

      Right! I'm lic as well and this was refreshing!

    • @brucecole9462
      @brucecole9462 2 роки тому +3

      I'm currently looking for some life insurance.....what would you recommend?

  • @atee6331
    @atee6331 2 роки тому +224

    THIS CONVERSATION was absolutely a gem! I have a cash-value Whole Life insurance policy; because of THIS CONVERSATION, I now understand the “true” value of that policy. I am divorced in my mid-50’s; until THIS CONVERSATION I didn’t think I could ever be a home-owner again under my name and in my own abilities. THANK YOU! I am now in the process of dreaming again!! I pray continued blessings for you both!🙏🏽

    • @thekriketsmith
      @thekriketsmith 2 роки тому +2

      Powerful. thank you so sharing!

    • @jamesettawainwright351
      @jamesettawainwright351 2 роки тому +6

      Did you have to wait till your cash value built up to use it? Or do insurance companies let you borrow money from the policy before you have cash value?

    • @atee6331
      @atee6331 2 роки тому +4

      @@jamesettawainwright351 originally I was able to just borrow against the policy, but that was ten years ago. I do now have a decent cash value which will help me to leverage any further loans against the policy, but to be used wisely towards wealth creation. Best wishes!

    • @annetteongmail8894
      @annetteongmail8894 2 роки тому +8

      I have a 25 yr old Whole Life Policy that someone just told me to get the information on due to this same theory. I had no idea I could use my policy in this manner. Thanks to the Advisor that gave me the info and this video…everything happens for a reason. 🤑

    • @jamesettawainwright351
      @jamesettawainwright351 2 роки тому +2

      @@atee6331 What happens if you borrow against the policy with no cash value and you don't pay it back?

  • @LuciusBaston
    @LuciusBaston Рік тому +32

    Just started my IUL policy. A trust will be in place as the beneficiary to begin to build generational wealth for my family for generations to come. Thank you for this. Eyes are now wide open!!

  • @rafizxDx
    @rafizxDx 2 роки тому +71

    I'm a life insurance agent. Be careful with these policies, because if they're not structured correctly, they won't do what you want them to do. Know what you want out of the policy before you structure it, so that you can get the best product for your goals.

    • @BOAZZZ9
      @BOAZZZ9 6 місяців тому

      What's the best policy to get?

  • @RyanContreras72
    @RyanContreras72 Рік тому +84

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

    • @blessingpaul5484
      @blessingpaul5484 Рік тому

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @SophiaBint-wj8wn
      @SophiaBint-wj8wn Рік тому +1

      This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @RyanContreras72
      @RyanContreras72 Рік тому

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @alicebenard5713
      @alicebenard5713 Рік тому

      Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @Jessicatorres_768
      @Jessicatorres_768 Рік тому

      I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

  • @ChekMaFresh
    @ChekMaFresh 2 роки тому +58

    As an insurance professional for the last 6 years, I definitely recommend asking lots of questions about the policy before going into it. Once you get the policy you have a "30-day free look period", which means you can review it and see if it's exactly what you want. PLEASE REVIEW EVERY DETAIL OF IT; call and ask every question possible if something doesn't make sense to you. If you learn that the policy is not what you expected, then cancel and get a full refund within that 30-day free look period. Some of advice in this video does not work with every insurance company because they all structure their products a little differently. Otherwise, there are some very good tips in this video!

    • @rafizxDx
      @rafizxDx 2 роки тому +4

      Better yet, is for the agent to find out what the client wants the policy to do, so that all the riders match what the client will needs. It's our job as agents to work in the client's best interest by asking good questions, and structure the policy to make sure it will be a fantastic fit for the client.

    • @MsK3RR1
      @MsK3RR1 2 роки тому +8

      I've had a $100k whole life policy for 10 years but the cash value after that time is like $5000. Whole life insurance is a lot more expensive than term so how much policy would you have to have to leverage the amount of money Marvin is talking about? And the payment per month sounds like it would be crazy. I was 23 no health problems and pay $40 per month for $100k whole life.

    • @JartoonKjartoonAndMore
      @JartoonKjartoonAndMore 2 роки тому +6

      @@MsK3RR1 you are being ripped off

    • @SANKOFAfires911
      @SANKOFAfires911 Рік тому

      I need more insight; I don't want to be trapped and stranded ever again.

    • @SoftandWealthy
      @SoftandWealthy Рік тому +9

      @MsK3RR1 I'm not sure if you got a answer to this, but on paper 100k for $40 is not bad at all for whole life, however because you were only putting $480 annually into the bucket your policy could not compound I a way that would provide a higher cash value.

  • @myuniqueunicorn
    @myuniqueunicorn 2 роки тому +55

    This is literally the most informative podcast I have ever seen in my 48 years of life - thank you so much I learned more in this podcast than I've learned in any of the podcast that I've watched EVER and I am passing this generational LIFE CHANGING information on to my three sons that are 30, 29 and 26 in hopes that they along with the knowledge that I'm giving them can break the generational curse and become the first millionaires in our family - thank GOD for those individuals like you who really want to make change

  • @anthonyvanburen3998
    @anthonyvanburen3998 2 роки тому +46

    “This is not about insurance it’s about mindset”. Something I never considered. Always compared term vs whole life strictly for insurance purposes. My man is dropping straight knowledge. This is more about creating long term wealth.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      🔥🔥🔥🔥

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Thank you for watching my video, Anthony! I'm glad that I was able to share some knowledge with you. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @CarlosGarcia-507
      @CarlosGarcia-507 Рік тому

      @@ThrivingMoneyso the life insurance policy you’re talking about is basically like a savings account you put your own money into but can borrow from at 0 interest but it also grows?

  • @Raymondjohn2
    @Raymondjohn2 Рік тому +249

    The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!

    • @hermanramos7092
      @hermanramos7092 Рік тому +3

      It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.

    • @martingiavarini
      @martingiavarini Рік тому +5

      @@hermanramos7092 I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?

    • @hermanramos7092
      @hermanramos7092 Рік тому +2

      @@martingiavarini Personally, I can connect to that. When I began working with "Catherine Morrison Evans," a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.

    • @Oly_laura
      @Oly_laura Рік тому +1

      @@hermanramos7092 Please how do I connect to her? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.

    • @hermanramos7092
      @hermanramos7092 Рік тому +1

      @@Oly_laura Found her online page by searching her full name, I wrote her an email

  • @willabraham7326
    @willabraham7326 2 роки тому +30

    I am 28 years old and homeless with a few grand in debt, but I have a vision and a mission. I needed this video, even though I don't have the money to currently invest in myself but I KNOW I WILL LIVE A LIFE IN ABUNDANCE AND MY STORY WILL BLESS MANY. I've been following eyl for the better part of 3 years. I have a job and am a SURVIVOR. Look out for BLACK WHOLE YOUNIVERSE!

    • @dennysmith2661
      @dennysmith2661 Рік тому +1

      Brother with that mindset...You will surpass those who speak of what they've done but never extend a hand a free helping hand to others after they've done it. Stay focused and the universe will see to it that your path is cleared for success

    • @svngramz5160
      @svngramz5160 Рік тому +1

      I believe in you king we got this enjoy your day my g peace family we up

    • @dillonwest
      @dillonwest 10 місяців тому

      Blessings on your Journey!

    • @terrygiancaterino4740
      @terrygiancaterino4740 6 місяців тому

      I was homeless once. Then "got my life back" and climed the corporate ladder. Then lost it all and am now living "in the middle." I am happier and healthier than I've ever been! I was also married then and am now single. Funny how sometimes you just have to come full circile.

  • @michelleg.7295
    @michelleg.7295 2 роки тому +236

    Great content. Thanks for the interview. You have to be making at least $50,000 annually, be able to set aside at least $500 a month, among other criteria. So be aware, not everyone is eligible to take advantage of this. I did a 15 min consultation with Marvin's team.

    • @sabachalinda4180
      @sabachalinda4180 2 роки тому +25

      Thank you for this heads up

    • @Loveandlight267
      @Loveandlight267 2 роки тому +46

      Thank you! Because a lot of these interviews be misleading s you can do this and that with no money down. Everything has a price.

    • @realitydoll216
      @realitydoll216 2 роки тому +5

      Thank you.

    • @jayd7531
      @jayd7531 2 роки тому +7

      @@Loveandlight267 yes yes yes yes you're absolutely 💯 correct

    • @annemwangi2086
      @annemwangi2086 2 роки тому +31

      That's not true it's all depends with your priorities I make less than $40 annually and I'm able to pay my $260 for my life insurance, I wish I had meet him sooner, but it's never too late.

  • @shatekahusser
    @shatekahusser 2 роки тому +153

    As a fellow financial advisor, I absolutely concur with all of Marvin Mitchell's advice. I wish I could reach more people to teach this so hats off to you Marvin! Salute

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +5

      Salute Queen

    • @Loveandlight267
      @Loveandlight267 2 роки тому +9

      You can teach me. I’m willing to learn more.

    • @shatekahusser
      @shatekahusser 2 роки тому +4

      @@ThrivingMoney Of course. Signed up over a week ago. ALWAYS A STUDENT! :-) Check the roster and make sure I'm in that VIP! lol

    • @kadeythecreator
      @kadeythecreator 2 роки тому +7

      Borrow your Own Money and Pay it back with INTERST is Not Good ADVICE. Explain How that makes Sense Ma'am ?

    • @jayd87ram
      @jayd87ram 2 роки тому +2

      When is the next challenge

  • @melvinbowser7001
    @melvinbowser7001 2 роки тому +36

    THIS IS THE MOST IMPORTANT INFORMATION I HAVE SEEN ON YOU TUBE EVER!!! HATS OFF TO INSIDE THE VAULT AND MARVIN MITCHELL, BROTHERS GOING PLACES ❤️😇🛸👏

  • @cocotech7780
    @cocotech7780 2 роки тому +160

    It's amazing how Ash finds the most impactful people most have never heard of. As a former insurance agent, this info is the missing piece and conversation that needs to be delivered to everyone. This IS the bigger picture! Wow...Thank you for this! ❤💯

    • @indiaarchie1650
      @indiaarchie1650 2 роки тому

      Hello Ms Steele. Former agent? I am looking for an agent preferably a woman. Can you recommend anyone?

    • @missesjumbo8934
      @missesjumbo8934 2 роки тому

      @@indiaarchie1650 She here! Licensed n VA!

    • @b3linda
      @b3linda 2 роки тому

      Hi I’m a Insurance Broker. Do you still need help?

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      Al Traylor
      0 seconds ago
      Buy Term Insurance and Invest in Mutual Funds to Build Generational Wealth The only thing you said thats TRUE is that Pension are gone I saw your 5 day challenge Marvin...I can crush your strategy in 5 mins Go to min 38 Check out what he says when asked how quick can you borrow from your policy EVERYBODY KNOWS YOU CAN ONLY BORROW A PORTION OF WHAT YOU PAID IN...WHICH MEANS YOU ARE BORROWING YOUR OWN MONEY AND PAYING THE COMPANY BACK WITH INTEREST.... HOW DUMB IS THAT ?

    • @iamalijahmorton
      @iamalijahmorton 2 роки тому

      Agreed!

  • @tonihogan
    @tonihogan 2 роки тому +38

    As a personal financial coach, I work with my clients on mastering their day to day spending and basic saving for their goals. The goal is getting them on the path to creating generational wealth. THIS is the next level when we start working on their Legacy Drawer. He'll be hearing from me.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +4

      🔥🔥🔥‼️‼️

    • @sharicejones9360
      @sharicejones9360 2 роки тому +2

      @@ThrivingMoney how can I get a consultation with your team ?

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Thank you for watching and I hope that you like my content. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @randiaune5219
    @randiaune5219 2 роки тому +445

    Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

    • @jamesmurphy9772
      @jamesmurphy9772 2 роки тому +2

      Assets that can make one successful in life

    • @jamesmurphy9772
      @jamesmurphy9772 2 роки тому +5

      I.bitcoin
      2.Stocks
      3. forex

    • @lindaedi6320
      @lindaedi6320 2 роки тому

      @@jamesmurphy9772 You're right

    • @lindaedi6320
      @lindaedi6320 2 роки тому +2

      But I don't know why people remain poor due to ignorance

    • @jameswest416
      @jameswest416 2 роки тому

      please I have been hearing about this Mr Aitor Lorenzo from my colleagues at work. How do I easily contact him

  • @alicesagastizado7238
    @alicesagastizado7238 11 місяців тому +2

    I learned so much! Thank you for the information, blessings.

  • @marisoljesus9862
    @marisoljesus9862 2 роки тому +7

    Love the statement "abundance is your birth right" God is good🙏🙏

  • @isaacjones7226
    @isaacjones7226 2 роки тому +5

    You asked him ALL of the right questions. And he provided in depth and applicable responses and examples. Great job and video!!!

  • @ysgetalicense
    @ysgetalicense 2 роки тому +7

    Love that the proper way to use Life Insurance is now being taught to our community. Hopefully it helps with some of the stigmas and fallacies we've been taught about life insurance through the years.

  • @jasminejames2701
    @jasminejames2701 2 роки тому +24

    I want to thank you so much for dropping this Gem for your people and the community In General. 2023 is MY YEAR I AM CLAIMING IT! I AM RETIRING MY MOM AND MY SELF! #GenerationalWealth here we come #Subscribed

  • @kessphotography8606
    @kessphotography8606 2 роки тому +18

    Love the conversation! It's much needed in our communities. I'm a licensed professional in the industry as well. One thing that I believe is important to add is that a person has to qualify for a policy. A Whole Life policy can most definitely be a beneficial asset and a great way to start wealth creation for the next generations AND reap the benefits while living, but again, you have to qualify for a policy. Especially when you are dealing with reputable companies that have the financial stability to pay out, they are going to be a little more cautious about who they insure. At the end of the day Life Insurance Companies are still a business.

  • @theodorerossi7998
    @theodorerossi7998 2 роки тому +50

    *Marvin Mitchell is such a blessing to me. Success has no shortcuts, but there are ways to go about it; they are below👇*

    • @theodorerossi7998
      @theodorerossi7998 2 роки тому +2

      Most successful people always seek the ideas and experience of financial professionals that help tackle issues on wealth management and growth but claim to attain their success alone.

    • @theodorerossi7998
      @theodorerossi7998 2 роки тому

      To attain financial growth, you need a high degree of knowledge and experience from a professional to make your goals a reality. Get a professional to walk you to success.

    • @theodorerossi7998
      @theodorerossi7998 2 роки тому

      Oh, sorry for the late response. I engage in various investments through the guides of a highly skilled Investment Professional and have so far achieved over $500k in return. The idea of getting a professional has been great for me, it has shaped my finances over the years; my retirement is looking good 🥂

    • @theodorerossi7998
      @theodorerossi7998 2 роки тому

      To reach out to my Investment Professional *(Diana Alexandra Hunts)* ; do quick internet research where you can write her, research her full name above. Give her a try and walk to success.

    • @paul.l6310
      @paul.l6310 2 роки тому

      Got it; such a piece of information.

  • @Gmoneyluv4u
    @Gmoneyluv4u 2 роки тому +72

    Marvin Mitchell is incredible! Wow first time hearing him. This is the most thorough explanation I've heard of the IUL and whole life policies than anyone I've listen to so far! Great interview ASH

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +3

      Hello! Thank you for watching my interview and I am happy to know that you find it informative. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      Al Traylor
      0 seconds ago
      Buy Term Insurance and Invest in Mutual Funds to Build Generational Wealth You only thing you said thats TRUE is that Pension are gone I saw your 5 day challenge Marvin...I can crush your strategy in 5 mins Go to min 38 Check out what he says when asked how quick can you borrow from your policy EVERYBODY KNOWS YOU CAN ONLY BORROW A PORTION OF WHAT YOU PAID IN...WHICH MEANS YOU ARE BORROWING YOUR OWN MONEY AND PAYING THE COMPANY BACK WITH INTEREST.... HOW DUMB IS THAT ?

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      @@ThrivingMoney
      Al Traylor
      0 seconds ago
      Buy Term Insurance and Invest in Mutual Funds to Build Generational Wealth You only thing you said thats TRUE is that Pension are gone I saw your 5 day challenge Marvin...I can crush your strategy in 5 mins Go to min 38 Check out what he says when asked how quick can you borrow from your policy EVERYBODY KNOWS YOU CAN ONLY BORROW A PORTION OF WHAT YOU PAID IN...WHICH MEANS YOU ARE BORROWING YOUR OWN MONEY AND PAYING THE COMPANY BACK WITH INTEREST.... HOW DUMB IS THAT ?

  • @quepe7211
    @quepe7211 2 роки тому +12

    I'm too overwhelmed right now! My brain is moving way too fast to compute. Soooo many gems! I'm gonna have to watch this again & invest in mentorship. Thank you my brothers for sharing your knowledge and wisdom. 💯🔥💎

  • @viewatlantaproperties
    @viewatlantaproperties 2 роки тому +80

    This conversation has just changed my life!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +6

      🔥🔥🔥 happy to add value to you.

    • @chooseyou2499
      @chooseyou2499 2 роки тому

      I swear!

    • @hiltonheadroofingcompany9327
      @hiltonheadroofingcompany9327 2 роки тому

      How do I sign up for the zoom?

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +2

      Thank you for watching my video, Angelo! I'm glad to know that it was life-changing for you. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      Marvin Mitchel is a DUMBASS Whole Life Insurance is like paying $75 for a Big Mac

  • @DNNWorld-Wide
    @DNNWorld-Wide 2 роки тому +18

    I've heard of becoming a bank with life insurance many time, but conversation made the concept crystal clear for me.

  • @letsrestorebalance
    @letsrestorebalance 7 місяців тому +4

    Thank you Thank You Thank You I was a licensed financial professional for WFG 2020 became a Marketing Director than walked away due to a failed relationship. But after hearing your video today, I can't help but feel the need to resurface to break generational curses. 😀Transformation Purification Activation Completion. Beautiful these dead bones can live again. !!!

    • @nlewis4196
      @nlewis4196 3 місяці тому

      Thx for sharing. I was with WFG and re-emerged as well!

  • @kinfzac95
    @kinfzac95 9 місяців тому +2

    I love that he’s telling the truth on how you have to change the way you save for your retirement. THE OLD WAY DOESNT WORK!

  • @guajardoguillermo
    @guajardoguillermo 2 роки тому +14

    This is EXACTLY WHAT people need to listen and learn!!...I agree 💯 on trying to educate my South Texas Community about this!!...This Video is True Ladies and Gentlemen...I have applied it..now I sign people to do this in Texas!!.... keep up the great work!

    • @kennysavage9712
      @kennysavage9712 6 місяців тому

      When you say south TX i automatically think RGV #956 TX lol ❤

  • @DCODev
    @DCODev 2 роки тому +14

    "It's not what you do, it's who you become!" -- That's heavy! Mr. Michell was droppin' gems! This was really, really informative and educational! All the best to you, your hosts, and your viewers.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Hello! Thank you for watching my video. I am glad that you find it informative and educational. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      Al Traylor
      0 seconds ago
      Buy Term Insurance and Invest in Mutual Funds to Build Generational Wealth You only thing you said thats TRUE is that Pension are gone I saw your 5 day challenge Marvin...I can crush your strategy in 5 mins Go to min 38 Check out what he says when asked how quick can you borrow from your policy EVERYBODY KNOWS YOU CAN ONLY BORROW A PORTION OF WHAT YOU PAID IN...WHICH MEANS YOU ARE BORROWING YOUR OWN MONEY AND PAYING THE COMPANY BACK WITH INTEREST.... HOW DUMB IS THAT ?

  • @mitchellayla6803
    @mitchellayla6803 2 роки тому +20

    *Awesome!!!! your potential seems limitless.* I have always been fascinated by investing, but without any knowledge on what’s best to invest in, I find it difficult to begin. *I ask politely, what’s the best sector to invest in?*

    • @mitchellayla6803
      @mitchellayla6803 2 роки тому +1

      @Emerson Hoffmann I’m very interested and need to start now. If you don't mind how can I get in touch with your financial consultant?

    • @lucasferari4515
      @lucasferari4515 2 роки тому +1

      Glad I stumbled upon this, my wife and I invests with Donald. We knew how to make a living but never had any knowledge of how to grow our money. Thanks to Donald, we are living off our investment and happily retired with a good stream of income.

  • @sharmainewilliams8950
    @sharmainewilliams8950 2 роки тому +32

    Marvin Mitchell you are above and beyond the best, I prayed for clarity in Infinite Banking, and you clearly explained the nuisances, which has removed the fears. Thank you 🙏🏾

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +4

      🔥🔥🔥🔥🔥🔥🔥🔥

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Thank you for watching my video Sharmaine. I am very happy to know that I was able to explain everything to you. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visitwww.insideprosperity.com to sign up.

    • @jamiehenderson9191
      @jamiehenderson9191 2 роки тому

      @@ThrivingMoney smashed it bro! Appreciate the vid! You broke it down Serious! Can you please send me the contact details for the policy??? I’ve been trying to do this for years! I’ve heard this doesn’t work in England, do you know anything off this??

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      Marvin Mitchell aint shit
      Al Traylor
      0 seconds ago
      Buy Term Insurance and Invest in Mutual Funds to Build Generational Wealth You only thing you said thats TRUE is that Pension are gone I saw your 5 day challenge Marvin...I can crush your strategy in 5 mins Go to min 38 Check out what he says when asked how quick can you borrow from your policy EVERYBODY KNOWS YOU CAN ONLY BORROW A PORTION OF WHAT YOU PAID IN...WHICH MEANS YOU ARE BORROWING YOUR OWN MONEY AND PAYING THE COMPANY BACK WITH INTEREST.... HOW DUMB IS THAT ?

  • @caramelktx32
    @caramelktx32 2 роки тому +3

    We've had hundreds of thousands dollars of whole life policies for years. We've used the cash value and I'm thankful for it (an interest free loan from ourselves). One thing I'll add to this video: Depending on your type of policy, you can pay the loan back prior to the anniversary date of the inception of the policy. Or, not pay it back at all and the amount you borrowed (plus interest) will be deducted from the total face value of your account when you die.
    This strategy has been around A LONG TIME, but I'm glad more of us commoners are learning about it 😊👍🏽💵💵💵

  • @mercyjalpert4494
    @mercyjalpert4494 Рік тому +2

    Thank you Marvin for this eye opening info on how to use Life Insurance. So glad I tuned in to Inside the Vault.

  • @juno994
    @juno994 2 роки тому +8

    After seeing many videos on IUL this is by far the most informative video I have seen. Most videos talk about it don't break it down on how it really goes down. All the questions Ash was asking are some of the same questions I have had about IUL. So glad I saw this video.

    • @LL-eb7bn
      @LL-eb7bn 3 місяці тому

      Look up Doug Andrew he's the Goat

  • @rbrown_barber4231
    @rbrown_barber4231 7 місяців тому +1

    This best video hands down that I have seen on this topic real talk! Thank you so much!❤

  • @Rayyyaaaa
    @Rayyyaaaa 2 роки тому +7

    I have this interview on repeat ! So many gems were given in this interview. Thank you for sharing ELY .

    • @djrx2
      @djrx2 Рік тому

      Try listening to other point of views. The guy is a salesman trying to sell you something. Search UA-cam for whole life insurance scams

  • @sunnyboyfarm
    @sunnyboyfarm 2 роки тому +1

    Thank You God for opening my eyes to find these black excellence- Thank you both for helping me become a millionaire and breaking my family curse

  • @darnitalawrence2738
    @darnitalawrence2738 2 роки тому +24

    This is one of the best conversations I've ever watched. I feel like a power house after listening in. Thank you both so much for this. It's a conversations worth listening to. Our people need to here this now more than ever. Thanks again. You all have made me a better person, just knowing what I know now. I'm going to be the 1st millionaire in my family and I'm going to start generational wealth. Thank You...Thank You ....Thank You.

  • @evarsonazevedo5321
    @evarsonazevedo5321 2 роки тому +9

    I deserve the abundance!
    Love this mindset shift Marvin described! We all deserve it brothers and sisters!
    Ash, congratulations on such a great content you're making available through your channel! May God keep blessing your life my friend!

  • @taniaambroise6290
    @taniaambroise6290 2 роки тому +3

    I just happen to fall into this taping "accidentally on purpose"... meaning, I accidentally fell onto this tapping but watched it in its entirety on purpose ❤️
    I'm definitely watching this over again like a broken record just to soak in all the useful gems that where released. I'm so getting ready to get out of my own way and learn to invest in a way that will teach me to create generational wealth. I am beyond excited! It's definitely time to switch gears and and prepare for greatness... thank you Lord!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      So awesome Tania!!

    • @wendellrussell3870
      @wendellrussell3870 2 роки тому

      I thoroughly enjoyed this podcast and I will be watching this video again.

  • @katmonra
    @katmonra 4 місяці тому +1

    SO much value shared in this video. Thank you and God bless! 🙏🏽

  • @datBoondockingdiva
    @datBoondockingdiva 2 роки тому +9

    Love it ✨️This is exactly why I live in an RV 🏕 So much easier to save, invest, and happily live a fulfilling + minimal life !! Thanks 😊

  • @hreckless1
    @hreckless1 2 роки тому +1

    I'm just trying to find a mentor like this. This is actually one of the best videos with information and mindsets I have seen in a while.

  • @applechili2848
    @applechili2848 2 роки тому +17

    Marvin Mitchell is giving the game for free.
    This is a master class breakdown. Master class!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Thank you for the compliment Apple! I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @applechili2848
      @applechili2848 2 роки тому +1

      Is this the real deal?!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      @@applechili2848 yes sir!

  • @twobutone294
    @twobutone294 2 роки тому

    Been doing this for years. It has been challenging to see how many people in our community don't know and aren't open to learn these new things. Keep teaching EYL. Help us Investment Managers and Agents connect with the community.

  • @bikup3
    @bikup3 2 роки тому +9

    What a life changing conversation!!! I am canadian and about to find out more from the canadian perspective! Thank you God for this wealth of knowledge! 🙏🏾

    • @kimberlyjohnson4728
      @kimberlyjohnson4728 2 роки тому +1

      Are you an Insurance agent?

    • @bikup3
      @bikup3 2 роки тому

      @@kimberlyjohnson4728 No I am not.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Hello! Thank you for watching my video and I am happy to know that you find it informative. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @ajmiddleton328
    @ajmiddleton328 2 роки тому +22

    Following EYL lead me to this video!! I love this video so much! I can't speak for anyone else but I'm completely mind blown, hurt and so so grateful at the same time 🥲🤣 Thank yall for this interview!! This episode is definitely so powerful

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +3

      Thank you so much!!!!

    • @MAXOMEZA
      @MAXOMEZA 2 роки тому +1

      @@ThrivingMoney How did you tuck your angel wings away so well brother?

  • @AnomalyBelleza
    @AnomalyBelleza 2 роки тому +7

    I ABSOLUTELY love this video. My life has officially changed today. Thank you. I’ll definitely be in touch with Marvin soon!

  • @raquelobryan2428
    @raquelobryan2428 6 місяців тому

    I have seen a lot of financial videos and read a lot of "Get Wealthy" books, but this video has been the most informative yet! Wow! Thank you.

  • @13nbt
    @13nbt 2 роки тому +7

    this was one of the BEST episodes you have done lately. thank you.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      You're welcome and thank you for watching my video! I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @Kijahomelesstohome
    @Kijahomelesstohome Рік тому

    My God I love all this positive info yall I am 55 and about to drop my term because I want to build wealth wanted to get whole could not afford it at the time. I am waiting on my lawsuit I am doing. I been researching I read think & grow I saw the video on the rothchild. I want to break the generational curse of poverty and become wealthy I am doing the challenge always wanted to get into real estate. Thank you so much

  • @mbaliatagoe4273
    @mbaliatagoe4273 2 роки тому +2

    This is a great conversation. Only thing I would add is that you absolutely can structure flexibility into a whole life policy. If you need to change from a monthly to an annual premium, that adjustment can be made to an existing policy. In fact, it you aren't able to do annual right off the bat, then monthly is the way to go because at least you get started with the system. But as soon as you can go annual, you should, because you get the dividend calculated on the whole annual premium amount for the full year.

  • @EACHONESHALTEACH1
    @EACHONESHALTEACH1 2 роки тому +2

    I'm a Life Insurance advisor and this is what I preach, the company that I represent has a liquidity rider that matches the accumulation with the surrender which in term removes the wait and give you access to your cash value immediately.
    #Information is the Currency of the Universe!

    • @gottech5601
      @gottech5601 5 місяців тому

      I'm highly thinking about doing this can you refer me to any insurance companies

    • @tcheyennerichardson59
      @tcheyennerichardson59 4 місяці тому

      Are you taking clients?

  • @willc4508
    @willc4508 2 роки тому +11

    Good stuff. I just reached my 7 years on my IUL and I'm about to switch it from plan B to Plan A. Then I'm going to lower my 401k so that I can add more to my IUL. I also have one in my son's name, which I will increase as well. This video was very motivational.

    • @Emg3688
      @Emg3688 2 роки тому

      I would suggest transferring your 401k funds ( while gaining a bonus on it from transferring it ) to an FIA account before your 401k funds drops further. Especially with the markets playing ping pong these days.
      Life agent here!

    • @maridesmenager
      @maridesmenager 2 роки тому +1

      How long will it take you to put 100k in this cash value because the loan is against the cash value not against the death benefit

  • @manifest.natasha1987
    @manifest.natasha1987 2 роки тому +2

    Cash is Lit!!!💯 I don't care who he interviews he always knows the questions to ask!!💯TYSM for this interview!!

  • @gradon001
    @gradon001 2 роки тому +3

    This brother Marvin Mitchell is dropping God's wisdom on how to create real wealth to bless your family and other people.

  • @HappyHarriett
    @HappyHarriett Рік тому

    I love this man. It's the reason. I said, "Don't tax the rich". I am going to get there not to show it off. People need help and I can help them. Grow wealth to give hope.

  • @TroyBarrow
    @TroyBarrow 2 роки тому +4

    The thing I want to add is that you SHOULD pay your policy loan (self) back even if you don't have to. If done right you can recapture the interest you would've given to "someone else".

  • @kenyalank
    @kenyalank 2 роки тому

    Ive listened to this THREE times. first as an intro, then for understanding, last to develop a plan of action.

  • @ecurbbruce1706
    @ecurbbruce1706 2 роки тому +3

    Amen and Amen for you sharing this wealth knowledge via the purchase of a whole life insurance policy or index whole life insurance policy. 🙏

  • @derrickdcollins
    @derrickdcollins 2 роки тому +1

    Thanks!

  • @malissawhite4569
    @malissawhite4569 2 роки тому +6

    I don’t know HOW this video popped up on my feed but I’m sooo glad it did and I watched and shared with several peoples too!❤️ I’m going to be looking into the course too!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Wow!! Thank you Malissa!!!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Thank you for watching my video, Malissa! I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @Vonaray
    @Vonaray 2 роки тому +2

    This is the best thing I ever watched on youtube. Thank you!

  • @kashfortheking
    @kashfortheking 2 роки тому +7

    Y’all just not only saved me a bunch of money, but got me wanting to rethink my life insurance game. I read about this in Kris Krohn’s Have It All but this interview put some flesh on the bones. Thank you 🙏🏾

  • @queenelizabethejames
    @queenelizabethejames 2 роки тому +1

    I stumble on this and got blown away. I’m in my 60s and this is mind blowing.
    Thank you so much from UK 🇬🇧💷❤️🙏🏾🙏🏾🙏🏾

  • @recoveryray533
    @recoveryray533 2 роки тому +6

    I'm only 13 minutes in and I am thoroughly enjoying myself. I have working on transforming myself into a central bank so I'm hoping the rest will provide valuable insights on ways I can continue to do that!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Awesome!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      I'm happy that you enjoyed watching my video. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @Yonathanfeleket
    @Yonathanfeleket Рік тому

    I would be remiss not to appreciate the sheer amount of value delivered by this man. The information he shared is financial invaluable and possibly life-changing on many levels. Kudos and more blessings to you both!

  • @TeshornMakingMoves
    @TeshornMakingMoves 2 роки тому +3

    Just yesterday I told my wife I know about infinite banking and need to understand it. This is right on time.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Thank you for watching Teshorn! I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @valleycapitaladvisors
    @valleycapitaladvisors 2 роки тому +2

    Yea. Marvin is the real deal. I learned a lot on selling FIAs from him. Definitely changed my family for many generations to come.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      🔥🔥🔥🔥🔥. Appreciate it bro

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Hello! Thank you for watching. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @kristalhwilliams5987
    @kristalhwilliams5987 2 роки тому +5

    Stellar job!! Very much needed and the information was on point. Many are trying to win the money game however if we don’t know the rules if engagement its just a pipe dream. Thank you both for your courage to share

  • @kellythemadscientist2877
    @kellythemadscientist2877 2 роки тому

    This video just motivated me, last week I took the required 20 hour NYC life insurance classes in preparation to get my licenses this week. I felt like ok these classes thought me a lil something but nothing to get my horse moving. I really took the class to support a friend who did it. Now today your video pop up and I am like wait a minute. You saying I can do what now ??? Amazing $$$$

  • @tarthecoda
    @tarthecoda 2 роки тому +3

    This is what I’ve been looking for! Thank you so much! ❤😊

  • @moyo3980
    @moyo3980 2 роки тому +6

    I'm newly licensed and I will now have to be in service to others. 🙏🏿

  • @jezzichan
    @jezzichan 2 роки тому +2

    This was truly an eye-opening interview! Up to this point, I have been fearful about infinite banking and leveraging whole-life insurance (I have a term policy). Mr. Mitchell did an excellent job of presenting the information in lay terms and inspiring the average person to take action. Thank you both, you're truly a blessing to us😊

  • @jcrystal2584
    @jcrystal2584 2 роки тому +4

    This the game right here I started 2 permanent policy's 8 months ago now it time to change the game up......thanks so much brothers for sharing

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Hello! I'm happy to share my knowledge with you. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @applechili2848
      @applechili2848 2 роки тому

      We’re twins. I have two & I’m trying to position myself for a third.

    • @ricardocineus3799
      @ricardocineus3799 Рік тому

      @@applechili2848 I am a life agent. I can help

  • @KINGDRASTIC
    @KINGDRASTIC 10 місяців тому +1

    I love y’all bro, thank you! This adds fuel ⛽️ to my fire! And this play is going to earn generational wealth for my family for 10 generations and beyond, in Jesus name!

  • @iamalijahmorton
    @iamalijahmorton 2 роки тому +6

    I can’t begin to articulate how thankful I am to come across this information! Thank you for posting this!

  • @jabaribrown1340
    @jabaribrown1340 2 роки тому +1

    Coming from a fellow Insurance Broker this was great.. I will be sharing this with my clients!

  • @justmyopinionda778
    @justmyopinionda778 2 роки тому +19

    Mind blowing content bro. So much different steps and so much convience from using life insurance policies to grow wealth. As taxes is a big wealth depletion tool that is not for us entrepreneurs, but against us, a whole life insurance policy with a cash value that we can borrow against from ourselves is so awesome. Plus, since we don't get charged taxes on debt it is even more powerful. Amazing!😌😁

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Hello! Thank you for watching my content. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

    • @kadeythecreator
      @kadeythecreator 2 роки тому

      Al Traylor
      0 seconds ago
      Buy Term Insurance and Invest in Mutual Funds to Build Generational Wealth You only thing you said thats TRUE is that Pension are gone I saw your 5 day challenge Marvin...I can crush your strategy in 5 mins Go to min 38 Check out what he says when asked how quick can you borrow from your policy EVERYBODY KNOWS YOU CAN ONLY BORROW A PORTION OF WHAT YOU PAID IN...WHICH MEANS YOU ARE BORROWING YOUR OWN MONEY AND PAYING THE COMPANY BACK WITH INTEREST.... HOW DUMB IS THAT ?

  • @thenenej
    @thenenej 2 роки тому +1

    This video just changed my whole life. My family will be setup for success and freedom 🙌🏾 #wegotaction

  • @kennyd8710
    @kennyd8710 2 роки тому +3

    My mind was just blown watching this episode. Powerful information ℹ️

  • @westjag7220
    @westjag7220 6 місяців тому

    Simply amazing. Thank you both so much for sharing this knowledge on this platform👏🏾🙌🏾

  • @Bria_Angel96
    @Bria_Angel96 2 роки тому +8

    Thanks so much for this! Never too late to learn and I'm starting now!! I had already orders Marvin's book on retirement! I'm in St. Louis and me and my Husband is ready for our appointment!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Thank you for watching my video Dwana! I appreciate you taking time to read one of my books. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @Leezydidit
    @Leezydidit 2 роки тому +2

    Conversation just changed my life!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Hello! I'm excited to know that my interview has been life-changing for you. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @holisticsuccesscircle
    @holisticsuccesscircle 2 роки тому +3

    Great info. Will definitely watch this video multiple times.

  • @hypnoticvibes5409
    @hypnoticvibes5409 Рік тому

    I have heard of this once before, but now I have a better concept of it, thanks I really appreciate this.

  • @charleswilliamstravelandcultur
    @charleswilliamstravelandcultur 2 роки тому +12

    Absolute fire interview. So many gems were revealed. I recently retired early this year due to my passive income and I’m planning to go deeper in retirement by getting insurance to borrow against to start my real-estate venture to bring in even more passive income. I’m going to review this episode again with a note pad. Those notes will go on my vision board. Like you both stated in the video, your vision becomes clear if written down.

  • @KiNG-tx9je
    @KiNG-tx9je 2 роки тому +2

    This shiz is GOLD. I allready was in this same mindset. I been homeless I've had money. Real money. Now whenever I get money it goes to work for me cuz I'm never going back. Not to a job and def not to the streets or motels..I'll spend on some shit thats important but otherwise. I'm pinching pennies. I seen too many nickas spend 20 50 100 mil or more and wind up broke as a joke. No Sir. Not Me...If u don't SAVE it right. It'll NEVER be enough. Ever. Notice I didn't say if u spend it right. I said if u save it right. When money hits ur hand or acct how can u save it to put it to work somehow should be ur first thought. NOT wtf can I buy. Dollar herr and there adds up. Try it for a month

  • @5thAve_Ricky
    @5thAve_Ricky 2 роки тому +5

    So thankful for earn your leisure, This has helped me get my affairs in order, Thankful for all the gems, Market Monday has become a weekly tradition.

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Hello! I am glad that I was able to help you with your affairs by watching this video. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @Outsidenow808
    @Outsidenow808 2 роки тому +1

    I'm sure our government is benefiting from this financial gain...by creating life insurance policies on everyone who were/are born in America. Great information, Kings. Bless you 🙏🏽

    • @maridesmenager
      @maridesmenager 2 роки тому +1

      What they will never tell you is that you can only borrow against the cash value not the death benefits and when you die the company will keep the cash value. Buy cheap term life insurance and invest the difference for 20, 25, or 30 years.

    • @LynxStarAuto
      @LynxStarAuto 2 роки тому

      @@maridesmenageres ma'am. It seems that detail was misinterpreted by many on here. The guest imo did state that you can only borrow on the cash value throughout the interview, which has its perks, but I think few are actually doing the math on what that actual numerical value is.

  • @jackmalonga828
    @jackmalonga828 2 роки тому +3

    Amazing content for those with great desire of building generational wealth. God bless you for your outstanding work for the less privileged community. Financial literacy gives birth to true and genuine Financial Freedom.

  • @pattreac3429
    @pattreac3429 2 роки тому +2

    This video is the greatest I've seen. He breaks down how to make wealth. Awesome. I learnt so much. Thank you so much 👏

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +1

      Hello! I'm glad that you have learned a lot from watching my video. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @Itskeylock
    @Itskeylock 2 роки тому +12

    Wow Marvin this is amazing I’m glad I’m partnered with you aswell! Still learning each time!

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому +3

      Happy to have you on the team bro. We going all the way up

    • @ThrivingMoney
      @ThrivingMoney 2 роки тому

      Thank you for being my partner Keyon. I am happy to know that you are learning a lot from watching my videos. I would love to see you in my 5-day challenge to show you some more advanced strategies. Please visit www.insideprosperity.com to sign up.

  • @DrTonia
    @DrTonia 2 роки тому

    Am a life and health insurance broker and I love that you are discussing this information

  • @mzindicad.2592
    @mzindicad.2592 2 роки тому +2

    Huge Bag Drop. Thank you for your help, Gentlemen. Peace and Blessings

  • @AntBGr8
    @AntBGr8 2 роки тому +4

    Thank you for sharing and breaking down this process so easy for me. I signed up for the Path to Prosperity Challenge and look forward to building generational wealth! Mad blessings to you both!

  • @asheaentrease3208
    @asheaentrease3208 2 роки тому +1

    I am going to listen to this on replay