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Podcast: Money Ripples Podcast
Episode: Velocity Banking Explained: Why It’s Riskier Than You Think
Description: Let's chat about infinite banking: https://bit.ly/4lDK4Bw Is Velocity Banking the same as Infinite Banking? Not even close. In this episode, I, Chris Miles—cashflow expert and anti-financial advisor—break down the key differences between two often-confused wealth strategies: Velocity Banking (using home equity lines of credit) and Infinite Banking (using whole life insurance policies for tax-advantaged growth and liquidity). While both strategies involve the concept of "banking on yourself" and accelerating financial growth, they are NOT created equal—and knowing the difference could protect you from major financial setbacks. You'll learn: What Infinite Banking really is (and wha...