The IBC Guys

Episode 74: Does LeBron James use IBC?!
Welcome to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  Recent documents show that LeBron James borrowed $300 million from life insurance companies back in 2018.  Is LeBron leveraging IBC?  Why didn’t LeBron borrow from the bank?  Does LeBron know something that most people do not?
In this episode, Dave explores the idea of leveraging money outside of a bank.  Should one do that?  Are life insurance companies actually a viable option?  How would one do that?  
Most importantly, how does all this fit into IBC?
This episode is for those that like to think outside of the box.  Get ready to be challenged to think differently!
Also in this episode, Dave gets risky, he wants to take on the giant podcasts, and Dave asks for LeBron James’ money manager to reach out.
Key takeaway: Life insurance can play a role in your financial system that you’ve likely never thought about.
Resources Mentioned:
[HERE] is article on LeBron James borrowing $300 million from insurance companies
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 73: IBC and The Psychology of Money (Financial Games)
Welcome to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we resume the discussion of Housel’s book “The Psychology of Money.”  Our next chapter is titled “You and Me,” and its premise is understanding (1) the financial game you’re playing - rules, timeline, goal, etc. - and (2) understanding that other people are playing other financial games.  Dave works to walk through Housel’s thinking, while providing personal and external examples.  Are you able to articulate the financial game you’re playing?
Then, taking Housel’s idea into the IBC arena, Dave wonders if people often try to take IBC and make it play a different game.  If IBC doesn’t fit the game people want IBC to fit into, does that just simply mean that IBC was built to play a different game?  Dave provides goals for IBC with the goal of helping you better think through the notion of whether or not IBC is best for your family.  
This is a good episode - don’t miss it!
Also in this episode, Dave talks both Ellen DeGeneres and movies with very poor language, and he shares his plans for getting Mike to come do a podcast.
Key takeaway: Don't copy someone's financial strategy until you understand what game they're playing—and whether it's the same game you want to play.
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 72: IBC Stories: Josh
Welcome to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we are joined by a special guest - Josh.  Josh is just starting his IBC journey and has graciously volunteered his perspective and journey for the rest of us to enjoy.  As a successful business man, great husband and father, and someone new to IBC, Josh has a new and exciting perspective for the podcast.  Not many people are courageous enough to come on a podcast and share what they are learning.
Josh shares his story, his journey of understanding, and the questions he still has about IBC.  If you’re new to the Infinite Banking Concept, join us in hearing Josh’s perspective.  It’s not to be missed!
Also in this episode, Dave affirms he’s been collecting shoes for a LONG time, Dave puts Josh on the spot too many times, and Josh refrains from telling everyone about all the dumb stuff Dave did as a kid!  If you miss this episode, you’ll regret it.  Join us!
Key takeaway: “IBC is the start of old money.” - Josh
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
 
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 71: IBC and The Psychology of Money: Nothing’s Free
 
Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  Chapter 15 - “Nothing’s Free” - Housel practically writes the ideology behind the Infinite Banking Concept.  Sure, there’s a cost to anything you do with your money - but what are you getting in return?  It’s Dave’s argument that IBC offers more than any other financial mechanisms out there.  The question is though - are you willing to pay what it costs?  Join in a Housel helps us think through the costs of choosing what to do with our money!
Also in this episode, Dave offers to help you find a way to make money, has LOTS of story examples this week, and tells the bank that he actively tries to get people away from their institution.  Join in this week and see what all the hype is about!
Key takeaway: “The trick isn't finding investments with no price.  The trick is finding the prices you're willing to pay.”  -Housel
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
 
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 70: IBC and The Psychology of Money: You’ll Change
 
Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  Dave examines Chapter 14 ‘You’ll Change.’  In the previous chapter, Housel states that one of the reasons we need to save money is that life is unpredictable.  Well, Housel doubles down on this specific idea, asking the reader to reflect and understand that, yes, you will change.  Dave talks through a quick recap and then draws out the strong connections IBC has with this chapter.  You won’t want to miss this one!
Also in this episode, Dave gets controversial with his book titles, shares some personal stories, and calls Mike old.  Join in for a great episode as we compare Housel’s thinking to Nelson Nash’s thinking!
Key takeaway: “Long term planning is harder than it seems because people’s goals and desires change over time.”  -Housel
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
 
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  We jump into Chapter 13 ‘Room for Error.’  Housel takes us through the certainty of the uncertain, and then the reasons to expect it.  The idea of building in room for error is a foundational piece of growing wealth.  IBC builds in room for error automatically - and Dave is excited to talk about how!  Join us for a great episode!
Also in this episode, Dave thinks things are getting redundant, he’s headed to see Mike, and he’s taking a summer break by doing an episode every other week.  
Key takeaway: “The most important part of every plan is planning on your plan not going according to plan.”  -Housel
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 68: IBC and The Psychology of Money: Surprise!
 
Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  Dave dives into an interesting chapter titled “Surprise!”  Housel discusses using the past as a predictor, the biggest unknowns shaping the majority of the future, and what one should do in preparing a financial system to withstand those surprises
And, with this being an IBC podcast, Dave dissects Nelson Nash’s stance with that of Housel’s - and the similarities may be more surprising than most people realize.  Join us for a great episode!
 
Key takeaway: 
Because surprises are unavoidable, the value of control is often underestimated until the moment it is needed.
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
 
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 67: IBC and The Psychology of Money: Saving Money
 
Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  Yvonne is back to help dissect Chapter 10 - Saving Money and, in turn, apply it to IBC.  Yvonne provides some insights into Housel’s work with Dave reflecting, and then she dives into the 6 components of how to save successfully.  Join Dave as he sits back, asks some questions, and learns from an expert on what it means to save using IBC as the catalyst.  It doesn’t get better!
Also in this episode, Dave is excited before he even begins, Yvonne is the guest that won’t go away, and Dave makes sure no one is high-and-mighty on the podcast!  Saving is a main indicator of wealth - let’s learn about it together!
Key takeaway: Saving money is the first priority - now use IBC to save money better!
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
 
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 66: IBC and The Psychology of Money: Reasonable > Rational
 
Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, we continue the series on the psychology of money using Housel’s book as a guide.  We discuss Chapter 11, Reasonable > Rational.  Housel discusses the need to remember the human side of how money is used when making decisions.  There is often a best, rational choice when it comes to money, but that choice may not be the most reasonable.  Housel encourages the reasonable choice because it is more realistic and is tenable over the course of a longer amount of time.  Excited to discuss and excited for you to join us!
Also in this episode, Dave toots his own horn, Mike likes chocolate but not the kind you think, and Dave puts his IBC Cash Value to a practical use! 
Key takeaway: “Do not aim to be coldly rational when making financial decisions.  Aim to just be pretty reasonable.” - Housel
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom

Episode 65: IBC From Someone Else: What Do Others Say About Policy Design?
 
Welcome back to The IBC Guys Podcast!  
Welcome back to the IBC Guys!  In this episode, Dave takes a look at IBC through the eyes of another producer - someone else who works with IBC.  In taking a look through their free guide, what do they have to say about policy design?  What do they encourage?  Caution?  Does what is said line up with what Mike and Dave talk about?  More importantly, does it line up with what Nelson Nash talks about?  All this is done with the goal of helping you decide what you think.  Join in and let’s talk IBC policy design!  
Also in this episode, Dave says “stuffs”, Mike is traveling the world, and Dave is ready to go golfing. This is as practical and implementable as an episode can get, so don’t miss it!
Key takeaway: Both (a) ideology and (b) policy design matter in IBC, but not all whole life policies are created equal—and policy design matters more than most people realize.
 
Resources Mentioned:
[Link HERE] Morgan Housel’s The Psychology of Money
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
📞 Call: 507-205-2284
📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min
 
📱 Follow us on social media: 
Dave’s Facebook: https://www.facebook.com/dave.parmerlee
Dave’s Instagram: https://www.instagram.com/dave_ibcguys/
Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/
 
Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545
Mike’s Instagram: https://www.instagram.com/mike_ibcguys/
Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/
 
🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC!
 
#InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom