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The buy term and invest the difference philosophy is something that has been perpetuated over the past 40 years by people like Art Williams, Dave Ramsey, and Suze Orman. Companies like Primerica tout the strategy as being superior to whole life insurance. In this video Chris Kirkpatrick breaks down the buy term and invest the difference philosophy and exposes its greatest flaws. SET UP A COMPLIMENTARY CALL: Clarity Call ► https://calendly.com/_life180/clarity... Agent Interview To Join Team ► https://calendly.com/_life180/agent-i... Debt Elimination Consult ► https://calendly.com/_life180/debt 🔎 Resources 👇 Free Book ► https://CashflowHackingBook.com Connect with Chris ► https://linktr.ee/life180 Get Your LIFE180 & Cashflow Hacking Swag HERE: https://life180.creator-spring.com/ 💥Set up a call to discuss your finances or life insurance business💥 Https://www.LIFE180.com 🔔 SUBSCRIBE TO LIFE180 ON YOUTUBE 👇 / @life180 🔔 JOIN THIS CHANNEL TO GET ACCESS TO PERKS 👇 / @life180 Amazing tools to build your business: https://life180.com/ActiveCampaign https://life180.com/ClickFunnels https://life180.com/Dubb https://life180.com/Canva https://linktr.ee/life180 📖 Chapter Timestamps Here ⏰ 0:00 Intro to my problems with Buy Term and Invest the Difference 1:35 How Buy Term and Invest The Difference Works 3:45 The Biggest Problem With The Buy Term And Invest The Difference Mindset 5:15 How Big Of An Emergency Fund Do You Need? 6:45 Save Money Before You Invest Money 9:10 Whole Life Insurance Is Better Emergency Fund 11:30 Additional Benefits Of Using Whole Life Insurance As An Emergency Fund 13:30 False Understandings About Whole Life Insurance 16:45 Why Does The Whole Life Company Keep Your Cash Value When You Die? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY: How To Properly Structure A Whole Life Policy • How to Properly Structure a Whole Life Pol... Indexed Universal Life vs Whole Life - Which is Better • Indexed Universal Life (IUL) vs Whole Life... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 💥FOLLOW CHRIS ON SOCIAL MEDIA 👇 SOCIAL LINKS ► https://y.at/💵💵🏆💵💵 LinkedIn ► / ckirkpatrick13 Facebook ► / life180llc Instagram ► / realchriskirkpatrick TikTok ► / realchriskirkpatrick ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤔 ABOUT LIFE180 😃 Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people. So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses. Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help. https://www.LIFE180.com ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts and questions. Add it to a playlist if you want to watch it later. *All content in this video is for educational purposes only and is not to be interpreted as personal financial advice. #LIFE180 #CashFlowHacking #CashFlowHacker #ChrisKirkpatrick #InfiniteBanking