Carson Herlean

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61 appearances 1 recordings 1 series first heard Jan 2025 last heard Jan 2025

Carson Herlean’s voice in public audio — every appearance, attributed to the second.

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Wake Up to Wealth · The Power of Infinite Banking - A Deep Dive with Carson Herlean · 3 Jan 2025 podcast

It's how you move your money It's how your money flows If you were to look at a product on a sheet, that's not going to show you taking loans out buying rentals Repaying yourself going and financing cars for your family paying them back These different benefits of really doing this aren't shown on a piece of paper. It's shown in the action and the movement of your money and so

I think that's the hard part for people to understand is the product. If you look at a policy on a sheet, you're going to think this doesn't work. And you're right. If you just buy a product, it's not going to work. Nothing's going to happen for you. And it's not just money sitting there stagnant. Money has to move to make money.

You know, that's a, that's a good question.

Make it as blunt as possible. You know, I think the hard part about this is understanding money moving for most people and what that means and why becoming your own bank is the phrase we use. And if you actually look up banking online, it will say banking is the business of protecting your money. Interesting. Right. And then if you look up like the verb of banking, how's that a verb?

It says banking means you are depositing, lending and protecting your money. So when you look at it that way, it's like, OK, well. Where am I doing my banking right now? Somewhere else, Wells Fargo or Chase, where they're choosing the rates, they're protecting my money, they're doing whatever they want with it. How's that my control? How's that helping me? It's not.

And so for us to understand infinite banking, we first need to understand what banking is. And so now that you understand like... You're building your own system to really do this. You're becoming your own private bank that you're in control of everything going on. Because remember, infinite banking is not a policy. It's just the process of your money moving.

But it's literally taking over those banking activities you're doing with somebody else and then doing it in your own private system. And it just so happens to be that life insurance is the best asset to do this with. You could do the same idea with other different types of assets, but life insurance just happens to be the best and most efficient.

And I think people as well think it's a complex idea, but it can be super stupid simple. So if you just understood banking, and then when it comes to a policy, you understand how that operates, it doesn't matter. I just want to flow money through it and go make it work for me. And whole life insurance helps you do that.

Yeah, no, and I know you're building out your system further. You know, the whole idea is, I like how you call it family banking because yes, it's infinite banking. That's the term that's used to describe this, but it is family banking. You're building something for your family long-term because when that death benefit does get paid out, What are they going to do with it?

Hopefully you've taught them the right things to do. And now they build their policies further. And now the next generation is going to get a death benefit of five X that you're building the future generations wealth just by you setting up a simple policy and paying off some debt or buying a rental with it. It's really changing the future more than you realize.

So I'll give you a story I had recently. So someone came to me and he's 27 years old. He said, hey, Carson, in two and a half years, I'm going to be 30 years old and I have nothing to show for it. He had some emotion in his voice. I felt it over the phone. I didn't know who he was. He was calling in to learn about infinite banking. This is the first thing he said.

And he said, the next 10 years for me are going to be just different. This is going to be my age of change. And that's stuck with me ever since. That's what waking up to wealth is. Realizing what you're doing will not work, is not working. And that's what happened for me as well when I was in college. I had both people in my ears. I was going down the traditional path.

And then in this hand, I was holding that. And then in this hand, I was holding entrepreneurship and real estate. And I chose to leave school and pursue an education in investing and learning how to make money work for me because that's what I found was...

fun to me made more sense to me and i felt the pain of watching my friends go through the traditional path and they weren't having fun they weren't succeeding they weren't enjoying it and so just like my friend who is 27 right now i felt the same way there's a way there's

There's an awakening you have when you realize what you're doing now will not work and you're looking for answers and you will keep digging deep to find the answers you want. And maybe infinite banking is not that for you, but you will definitely find that by being a part of this show in this community.

And so anyone listening, I would urge you to find out when your age of change is, if that's now, if it's already happened or if it's coming, make that happen, wake up to wealth and find ways to control your life.

Yeah. And first off, guys, you're not supposed to understand everything I said today if this is your first time hearing this. So don't feel dumb or bad to reach out. Like Brandon said, it took him three times to learn it before he even kind of understood it. So we only went in detail for 20, 30 minutes, guys. So I would recommend doing more research.

This is just enough to get to the tip of the iceberg. Let's go do some more real due diligence and figure out what this means for you. So if you do want to do that, I have plenty of resources.

And being a part of Wake Up to Wealth, being here today, anyone listening, if you let me know that's where you're from, I'll meet with you for free and go through your entire situation and see how you can implement this yourself or if you should. And if you want to do that, I'll be super personal with you guys. You can just shoot me a text. My number is 702-461-4198.

Just shoot me a text with your name and that you came from this podcast and I'll talk with you. I'll do whatever you guys need. I'm here to help.

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