<description>&lt;p&gt;Are you curious about how banks make lots of money? In this episode, the financial coaches dive into one of the lesser-known financial strategies that banks use to build wealth: Bank-Owned Life Insurance (BOLI).&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;While BOLI is typically utilized by financial institutions to create long-term, tax-deferred growth, the coaches break down how anyone can apply the same principles to their own financial strategies. They explain how BOLI provides financial freedom through tax advantages, compounding growth, and safe wealth accumulation.&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;If you’re looking to build wealth in a way that outlives traditional methods, this episode is a must-listen.&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Top three things you will learn:&lt;/p&gt;&lt;p&gt;-How banks leverage life insurance to build wealth and mitigate financial risks&lt;/p&gt;&lt;p&gt;-Why bank-owned life insurance (BOLI) is a valuable strategy for personal finances&lt;/p&gt;&lt;p&gt;-Practical steps to integrate the same strategies used by banks into your own financial planning&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;The hosts may have a financial interest in the programs or services mentioned in this episode.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;💸 &lt;strong&gt;Build a Passive Income Machine in 3 Steps:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Here’s how to flip the script and start building wealth &lt;em&gt;the way the wealthy do&lt;/em&gt; 👇&lt;/p&gt;&lt;p&gt;👀 &lt;strong&gt;Step 1&lt;/strong&gt; – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://wealthwithoutwallstreet.com/free-ibc-webinar" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/free-ibc-webinar&lt;/a&gt;&lt;/p&gt;&lt;p&gt;📞 &lt;strong&gt;Step 2&lt;/strong&gt; – Book a Free Call with Our Team (We Do This All Day, Every Day)&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://www.wealthwithoutwallstreet.com/accelerate" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/accelerate&lt;/a&gt;&lt;/p&gt;&lt;p&gt;📈 &lt;strong&gt;Step 3&lt;/strong&gt; – Start Building Passive Income&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Join the Passive Income Lab&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://go.wealthwithoutwallstreet.com/pi-lab" rel="noopener noreferrer" target="_blank"&gt;ChoosePassiveIncome.com&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;More Ways to Learn &amp;amp; Grow Wealth (For Free)&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;💾 Download the &lt;em&gt;Passive Income Operating System&lt;/em&gt;&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://www.wealthwithoutwallstreet.com/piosebook" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/piosebook&lt;/a&gt;&lt;/p&gt;&lt;p&gt;👥 Join 10,000+ Investors Inside Our Free Community&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://www.wealthwithoutwallstreet.com/community" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/community&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Paying $250K+ in Taxes? Stop the Bleed.&lt;/p&gt;&lt;p&gt;😡 Apply for Our Next Tax Strategy Intensive&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://www.wealthwithoutwallstreet.com/tax" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/tax&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Grab Our Book:&lt;/strong&gt; &lt;em&gt;Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income&lt;/em&gt;&lt;/p&gt;&lt;p&gt;📘 &lt;a href="https://www.wealthwithoutwallstreet.com/newbook" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/newbook&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Stay Connected:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;📸 Instagram: &lt;a href="https://www.instagram.com/wealthwithoutwallst" rel="noopener noreferrer" target="_blank"&gt;@wealthwithoutwallst&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;—&lt;/p&gt;</description>

The Wealth Without Wall Street Podcast

By Russ Morgan & Joey Muré

Round Table | The Greatest "Scam" Banks Ever Fell For: $200 Billion in Life Insurance

DEC 2, 202526 MIN
The Wealth Without Wall Street Podcast

Round Table | The Greatest "Scam" Banks Ever Fell For: $200 Billion in Life Insurance

DEC 2, 202526 MIN

Description

Are you curious about how banks make lots of money? In this episode, the financial coaches dive into one of the lesser-known financial strategies that banks use to build wealth: Bank-Owned Life Insurance (BOLI). 


While BOLI is typically utilized by financial institutions to create long-term, tax-deferred growth, the coaches break down how anyone can apply the same principles to their own financial strategies. They explain how BOLI provides financial freedom through tax advantages, compounding growth, and safe wealth accumulation. 


If you’re looking to build wealth in a way that outlives traditional methods, this episode is a must-listen. 


Top three things you will learn:

-How banks leverage life insurance to build wealth and mitigate financial risks

-Why bank-owned life insurance (BOLI) is a valuable strategy for personal finances

-Practical steps to integrate the same strategies used by banks into your own financial planning


Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.


This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.


The hosts may have a financial interest in the programs or services mentioned in this episode.


💸 Build a Passive Income Machine in 3 Steps:

Here’s how to flip the script and start building wealth the way the wealthy do 👇

👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

👉 wealthwithoutwallstreet.com/free-ibc-webinar

📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

👉 wealthwithoutwallstreet.com/accelerate

📈 Step 3 – Start Building Passive Income


Join the Passive Income Lab

👉 ChoosePassiveIncome.com


More Ways to Learn & Grow Wealth (For Free)

💾 Download the Passive Income Operating System

👉 wealthwithoutwallstreet.com/piosebook

👥 Join 10,000+ Investors Inside Our Free Community

👉 wealthwithoutwallstreet.com/community

Paying $250K+ in Taxes? Stop the Bleed.

😡 Apply for Our Next Tax Strategy Intensive

👉 wealthwithoutwallstreet.com/tax


Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

📘 wealthwithoutwallstreet.com/newbook


Stay Connected:

📸 Instagram: @wealthwithoutwallst



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