The IBC Guys

Episode 23: IBC and Trusts: Mike’s Story
 
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Mike and Dave talk about the relationship IBC policies have with Trusts.  The guys discuss legacy wealth, tax sheltering, and how Mike plans to bless his family for generations.
In this episode, Mike decides he wants to (maybe) become a musician, Dave reveals his status as an attorney, and the guys ask for your help.  If you have been thinking about how to ensure your family’s financial status long after you’ve passed, this episode is for you!
 
Key takeaway: The trust is personal, needed, and trusts benefit greatly when dovetailed with IBC.
 
Resources Mentioned:
📩 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 22: How Much Money Should Go Into My First Policy?
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Mike and Dave talk through an often asked question: “How Much Money Should Go Into My First Policy?”  The guys talk through different considerations, some key questions your family should ask itself, and help you to decide what the best amount should be for your first policy.
In this episode, Mike isn’t featured on 48 hours, Dave is glad to have his buddy back, and the guys give the most frustrating answer ever.  If you’ve ever wondered how much money to put into your first policy, this episode is for you!
Key takeaway: The amount of premium that goes into one’s first policy id dependent upon the person.
Resources Mentioned:
📩 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 21: How Many Policies Should I Have?
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Dave discusses the number of IBC policies that is just right for each individual.  Mike brings life into the world, Dave tries to explain things using cardinal directions, and Dave says things in a weird way - again!
Key takeaway: The number of IBC one should have is dependent on the person.
Resources Mentioned:
📩 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 20: IBC Guys Update
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Dave gives a quick status update for the podcast, talks through specific examples of how people are using IBC, and asks you to call!  It’s short and sweet this week.
Key takeaway: People are using IBC in all sorts of ways and so can you!
Resources Mentioned:
📩 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 19: IBC Stories - Melissa
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, the guys welcome Melissa!  Melissa owns a marketing business that helps people define their mission and then communicate that mission in a way that is impactful and actionable.  Melissa was instrumental in helping the guys launch the IBC Guys podcast.  In doing so, she heard the guys’ story and learned about IBC, eventually leading her to secure her own policy.  Melissa is relatively new to IBC so, if you have been wanting to hear about IBC from the perspective of fresh eyes, this is the episode for you!
 
Mike, Dave, and Melissa talk through:
Melissa’s initial reaction to IBC
Melissa’s journey in learning about the in’s and out’s of IBC
Melissa’s “a-ha!” moment and how she is leveraging IBC in her own life
In this episode, Dave cancels the podcast, Mike asks the world’s longest question, and Melissa has micro-conversations outside of a dugout.  If you have been waiting to hear someone’s thoughts who is newer to the process, this is the episode for you!
Key takeaway: Melissa believes IBC allows one to take control of one’s finances, reversing the money flowing away from one’s family and, in turn, watching that same money come back to one’s family over time.
 
Resources Mentioned:
Melissa’s Website: https://melissaleahughes.com/
📩 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 18: Mike’s IBC Story
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Mike tells his IBC story!  It’s been too long coming, but this is the episode for which everyone has been waiting!
Mike and Dave talk through:
Mike’s introduction to IBC and his initial reaction
Mike’s perspective in the banking system and where IBC fits in (or doesn’t fit in)
How Mike realizes has passion of helping people through helping them with the Infinite Banking Concept
Mike gets mad, Dave reveals that the IBC Guys has (maybe) millions of listeners, and they unashamedly ask for listeners to email Mike.  If you have been wanting to get to know Mike a bit better, this is the episode for you!
Key takeaway: Mike has a sincere desire to help others in navigating the IBC concepts and process.
Resources Mentioned:
📩 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 17: What is IBC? V. 2 Part 2 - "HOW?!"
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Mike and Dave work to explain one key question often asked when talking through the ‘Purchasing a Truck’ example: “HOW does the money run through your IBC policy come back to your family?”
Mike and Dave talk through:
The Truck Example using one truck
The Rate of Return on running your money through your policy
How IBC monetizes the capital you’re using to pay for the truck comes back to your family
We try to convince Mike to drink coffee, Dave messes everything up, and the guys work to show how IBC grows your money while you use it as you would have anyway.  If you have wondered “HOW?!,” this podcast is a can’t miss!
Key takeaway: The mechanics of the IBC policy provide a return on money one is going to spend anyway. 
Resources Mentioned:
📩 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 16: What is IBC? V. 2
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Mike and Dave once again tackle the question “What is the Infinite Banking Concept?”  Using similar examples said a different way, the guys work to answer the question that is asked of them the most. 
Mike and Dave talk through:
The options of purchasing a vehicle and where IBC fits in
The ultimate benefit of having money you’ve already spent return to your account
The notion that IBC is so simple, yet is so hard to wrap one’s mind around
Mike is chopping down trees, Dave makes up words, and the guys take some time to start at the beginning.  If you want to listen to the same thing stated a different way, don’t miss this episode!
Key takeaway: IBC is a cash flow system that monetizes money you're already spending. 
 
Resources Mentioned:
📩 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 15: IBC Stories - Jonathan and Carissa
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Mike is away to spend time with family, but Dave is joined by Jonathan and Carissa to hear their IBC story.  
Jonathan and Carissa talk through:
How they came to hear and learn about IBC
How their family is leveraging IBC to have their money make money make money.
Their recommendations for those who are continuing to learn about IBC.
Dave, Jonathan, and Carissa have a few laughs, talk IBC books, and reminisce a bit.  If you’re interested in hearing people just like you talk about IBC, don’t miss this episode!
Key takeaway: IBC is for everyone and every situation.  
 
Resources Mentioned:
📩 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 14: IBC Definitions
Welcome back to The IBC Guys Podcast!  
In this episode of The IBC Guys, Dave and Mike take a step back to unpack some of the key terms that often confuse folks new to Infinite Banking. If you've ever felt like IBC conversations sound like a foreign language, you're not alone—and this episode is here to help.
They break down:
Paid-Up Additions Rider (PUA): What it is, how it supercharges your policy, and why it’s central to building a banking system.
Modified Endowment Contract (MEC): What happens when you overfund a policy, and why staying below the MEC line matters.
Base Premium: The foundation of your whole life policy and how it differs from the cash-boosting additions.
They also throw in a few laughs, a surprise puppy story, and invite listeners to share their thoughts and questions. Whether you're just starting to explore Infinite Banking or need a refresher, this episode lays the groundwork. 
 
Key takeaway: Infinite Banking is the best way to build legacy wealth, but the vocabulary is often new to people.  Mike and Dave break down some key words in an effort to bring common understanding to some common but unique IBC terms. 
 
Resources Mentioned:
📩 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