Dollars and Nonsense

In this episode, we discuss the two most significant flaws in planning for retirement. We'll also reveal why we believe the conventional concept of retirement is actually detrimental to your goal of becoming financially successful. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e105 Topics Discussed: What is the "Retirement Trap" described by Nelson Nash Planning around a future with increased government taxation, spending, and deficits Why Social Security is a ticking time bomb Why the wealthy do not invest in 401k's How to change how you think about retirement in a meaningful way Rabbi Lapin's wise words on retirement Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss the two most significant flaws in planning for retirement. We'll also reveal why we believe the conventional concept of retirement is actually detrimental to your goal of becoming financially successful. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e105

We share the best thing you can do with your money. All of us want to be good stewards of our money and want our money to be working hard for us. But in the financial world, there is no one-size-fits-all strategy. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e104 All of us want to be good stewards of our money and want our money to be working hard for us. But in the financial world, there is no one-size-fits-all strategy. Everyone wants to figure this out; it's a huge question and concern for most of us. Today, we dive in to share our experience and insight. Topics Discussed: 401ks, the good, the bad, and the ugly IRAs and how they can benefit you or fail you The stock market Dispelling and breaking down the one-size-fits-all financial strategy (one-size-fits-no-one well) How to determine what you really want your money to do for you How policies can fit into your strategy and when they make sense The level of control various strategies afford you Comparing and contrasting the level liquid (i.e., easily accessible) of different options Making more work more than one job for you When infinite banking adds up for you Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Founder Ray Poteet joins us to share his wisdom on building generational wealth using Infinite Banking. Sign up for the free course Holly and Nate made for you here: https://livingwealth.com/secretbanking ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e### Topics Discussed: An overview of Ray's family banking structure Why the death benefit is a much less interesting aspect of whole life policies Keeping money within the family (instead of going to the banks) The more creative and flexible options private family finance provides What it means to recirculate money within a family When the death benefit does come into play and what it means Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

This episode explains the difference between direct recognition and non-direct recognition policy loans and how they impact your policy as you practice infinite banking. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e102 There are many misconceptions out there in the debate over direct versus non-direct recognition. We're here to share the truth to help you make a better decision regarding your infinite banking policy. A quick forewarning to all listeners: this isn't a good starter episode if you are relatively new to this podcast or infinite banking. We'd suggest starting with one of the more general episodes. We're going to tackle a particular subject that is deep in the weeds. Topics Discussed: What is direct recognition and non-direct recognition policy loans Mutual life insurance The big myths and why they're dead wrong What Nelson Nate really thought about the two options Is one better than the other Which one is right when Which one is right when in a strategy of stacked policies What actually matters when determining whether or not a policy is right for you Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Today, we discuss the most common questions we receive from people thinking of starting an infinite banking policy. These answers apply whether considering your first policy or adding a new policy to their system. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e101 We work with and give personal attention to many clients. That's not to brag; it's for context. This amount means we field and answer tons of questions from people new to IBC and experienced users. Over time, we've discovered there is a core collection of inquiries folks have. Today, we share those answers with you in this episode. Tune in! Topics Discussed: Who does this work for? What do I need to do to get started? When is the best time to start using Infinite Banking? Should I start now, or should I start later? What is the opportunity cost to waiting? What is the right financial level to begin with? How much do I need to invest to proceed and receive help? How does existing debt fit into the picture and timing? When should I start my next policy? Can IBC be used for home purchases? Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We will discuss how easy it is to get your ears tickled by rates of return. We'll also share how to focus on the fundamentals behind an investment, and also why the rate of return mentality should not follow you into the world of infinite banking. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e100 We have spoken about today's topic before: rate of return. We've attacked it a couple of different ways, but we wanted to revisit it because it often comes up. We discuss it regularly in our discussions with clients, and it's just prevalent across the financial sphere in general. Tune in for an illuminating 100th episode! Topics Discussed: Your 401k and your real rate of return Investing mindsets to reveal truth The rate of return in whole life insurance policies The true rate of return from CDs Differences between typical investment and infinite banking The basics of compounding interest How Warren Buffet avoids getting his ears tickled Leveraging infinite banking to pay for things big and small, now and in the future Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We break down the three financial barriers that try to keep you from becoming wealthy. And we'll also discuss how you can put hundreds of thousands of dollars back in your pocket, simply by making a few changes to your financial plan. In other words, there's some simple changes and you can immediately start becoming more successful with your money. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e99 Topics Discussed: Identifying and overcoming the insidious "status quo syndrome" How conventional retirement programs (IRAs and 401Ks) keep you in financial status quo The best tools for passive income How passion for your financial wellbeing drives forward movement Keeping control of your money instead of turning your future over to someone else Using systems to build wealth today and generational wealth What it means to think like a banker How banks view money and keep it moving Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we will discuss the criteria you should use when deciding which company is best for practicing Infinite Banking. We'll also discuss why life insurance policy illustrations can be deceptive. And what will be the biggest determining factor in your success as an infinite banker. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e98 There are many questions people have when they first start with IBC. The big one is a direct look at numbers. However, the numbers alone do not show the full picture. It may sound counter interruptive, but we'll break it down for you in this episode. Topics Discussed: The most common questions folks new to infinite banking ask The counter interruptive perspective for starting out Things to look for beyond the pure numbers when evaluating Reviewing an insurance company's longevity Determining the insurance company's preference for and understanding of infinite banking The unexpected (yet consistent) problems that can arise from working with a company unfamiliar with IBC What to look for, and watch out for, when picking the right agent Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

An industry insider and big wig joins Holly and Nate. He shares insights into how Whole Life has performed financially during the COVID-19 pandemic. Get instant access to our FREE Secret Banking Masterclass here now: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e97 We've received many questions from our clients since the pandemic began. They're asking how the insurance companies are doing during this crisis. To fully answer this request, Holly and Nate sit down with Dan Foley. He's the Senior Vice President Marketing for Security Mutual Life with nearly 40-years of experience in the industry. Questions answered in Topics Discussed: How are policies performing? How insurance companies are doing in the pandemic and huge market fluctuations The impacts of COVID-19 on daily life and the industry as a whole What small businesses owners with policies are doing and how they help Why Dan is so proud of the industry The level of care they take in ensuring the investments The long view of the industry and financial markets Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we share valuable tips with special guests on breaking free from wall street. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e96 Topics Discussed: Who are Russ and Joey How they came to know and love Infinite Banking Who Nelson Nash was and what he taught Why both Podcasts exist and who they serve What IBC really is in a nutshell How it has evolved over the years Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss exactly how to build a proper infinite banking policy, and we answer the most common questions that we get about policy design. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e95 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom If you're new to infinite banking or researching this concept, there's so much that you can soak up. Nelson used to say, "There's a lot of noise in the financial world." There are always people trying to buy your attention. Those people say they know something that other people don't. This state applies to infinite banking. There are many people out there who say they finally figured out how to do it the best. There are people out there who say it never works for anybody; don't touch it. Today, we're taking the discussion back to the basics: the foundation of what makes a proper Nelson Nash, infinite banking policy. These are the aspects that need to be the core. We're going to share what you need to do to produce the best result. Simpler usually is better, and simpler puts you in more control. Get ready to learn how to maximize the infinite banking concept and do what's best. Topics Discussed: Understanding the death benefit is great, but not the real point What is BOLI (Bank Owned Life Insurance) and why do the banks own so much Where to start Paid-Up Addition Rider Whether to put a term rider on the policy Tax considerations and setting yourself up to give away money to the government The 7-Pay Test The nuts and bolts of dollars and sense Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we will discuss why it's time to rethink how you use money, and how you can mimic the rich and how they use money and use it in your own personal financial situation. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e94 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: The conventional wisdom shared by "gurus" and parents When paying interest can make you more money (sounds crazy, we know) What it means to keep money moving and why idle capital is bad Hidden opportunity costs of using cash What it means to be asset rich and cash poor When it's a good idea to use other people's money and when it's not The magic of compound interest Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e93 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom We often mentioned that it's very safe. In fact, this is a guaranteed way to grow and that's part of the benefit of owning it. But it is true in times of crisis, which we've seen this year with the Coronavirus and the economic issues that have resulted from it, we do get asked more and more from people the reason why. Join us as we discuss the things that make owning and utilizing whole life so great. Topics Discussed: How Whole Life and IBC have performed during COVID and other historic events Major strengths of Whole Life Using it for investing in a layered system How US Mutual Life Insurers faired compared to their publicly held peers during previous economic downturns What it means to be a shareholder in a policy Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e92 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom It's incredible how things have changed over the generations. People try to conduct studies on different generations, whether it's Gen X, baby boomers, Gen Z, or millennials, to determine their spending patterns. They also seek to understand how they've been affected by society. Weill, in this coronavirus era, we're starting to see why it is that the world wants us to be broke. Perhaps those in the inner circle of the machine want us to be broke because they're just trying to get us to spend all of our money. The government is handing out "stimulus" checks right now. What do they want you to do with it? SPEND IT ALL! Join us as we discuss the deeper inner workings of why wealth creation seems too elusive and how you can break the chains. Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Do you believe that retirement programs are excellent tax shelters? We will discuss the three most significant issues with how retirement programs are taxed and how you can save yourself from overpaying Uncle Sam. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e91 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Here we are in April--tax season for most. It's a dreaded time for all of us. At this time, we start getting tax advice from our accountants, from internet sources, or from just being a member of the sheep just going in one direction. Today we're going to discuss why people are funding retirement programs with the belief there are certain tax benefits to doing so. But a lot of times, that's just a mirage that's hiding the facts. That fact is this: we might be setting ourselves up to actually pay more in tax than we otherwise should have paid! Topics Discussed: What accounts are saying Misinterpreting tax deferment for tax savings The sneaky way 401Ks and IRAs hide taxes from you What really happens when you go into retirement with taxes Are taxes going up or down in the future? The costs of retirement and maintaining your lifestyle The impact of taxation on your heirs Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we bring back the founder of Living Wealth, Ray Poteet, to share how the process of infinite banking has allowed him to recoup money that he lost from an investment that went south and how he is using that money today. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e90 Topics Discussed: Why Ray is back in the market for the first time in nearly two decades The shape of things to come for the markets and society What's happening to 401Ks and Roth IRAs Using IB for investments Building layers of insulation and systems that pay no matter what Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss why it's so important to focus your investing in the areas that you truly enjoy and believe in. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e89 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Most people just do what everyone else is doing or they get caught up looking at the rate of returns. However, as we've seen with the recent market sell-off, all the returns for the past few years disappeared in a matter of weeks. It's time to take back control of your money. Topics Discussed: The unsound choices people make when panic sets in How kneejerk reactions get people in trouble How long it takes to recover from market downturns Acknowledging the lack of a crystal ball and investing accordingly When the FDCI can and can't manage crisis How to avoid the next bubble burst or other market crash Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Today we discuss the coronavirus impact on the economy and the stock market. We also share how you can shield yourself from economic collapses just like this and make a killing during market collapses. Don't get wiped out by black swan events. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e88 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Whether or not the market has bottomed out or if more is to come Fighting blind fear with rational thought What market peaks and valleys really do to your wealth long term How long it takes to recover from a 15% market loss Why Holly is flying without fear of contracting the illness Historical market events that IBC helped practitioners avoid ruin Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we are continuing our question-answering series. We'll discuss some of the most common questions we receive from our clients. And today, the focus is going to be on how and when to use your policy. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e87 ~ Register for events here: https://livingwealth.com/events Topics Discussed: When do I start a new policy? How soon can I take a loan out against the policy? What should I be doing with this policy? What should I use it if I have one? How long does it take to use it? What do other people use it for? Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss one of the most common questions asked by those that have started their infinite banking journey. We'll also share how you can get the best results out of your policies once you've gotten started. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e86 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Those who do go the route of Infinite Banking have a few common questions. In fact, we may get into in the next few podcast episodes; stay tuned. But one of the most common ones that people ask is... well, when is it a good time to start another policy? We'll answer that in more in this episode. Topics Discussed: Should you have more than one policy and engage in "stacking" When to start your next policy and start "stacking" them Key life events that make for good times to start stacking policies Where to begin with stacking policies Determining when it is practical and impractical tp start you next policy How to think through when you can afford another policy Overcoming the fear of the unknown unknowns Understanding merely saving vs aggressively growing Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss why financial gurus like Dave Ramsey are wrong when they tell the world to buy term and invest the difference, and then how infinite banking can fit into anyone's financial picture. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e85 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Why Dave Ramsey is wrong. We also discuss Suzy Orman. Why financial gurus like Ramsey and Orman dismiss whole life insurance. Why most of them are flat out wrong about their advice The right way and wrong way to view and use policies How infinite banking is such a vital asset to you Leveraging policies to make investments to make your money work two jobs for you How they conveniently hype the market rate of return and downplay policy rates of return Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we will share exactly how you can finance college with an Infinite Banking Policy. We'll also discuss the different options whether you're in school now, you've recently graduated, you are trying to pay off your student loans, or if you're saving money for your kids to go to school in the future. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e84 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Should you pay off student debt as fast as possible Why throwing everything you have at student loans may not be the best choice Using a policy to pay off student loans Using a policy to pay for college Using a policy to save for college Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we will discuss how to put more money back in your pocket by turning your liabilities into assets. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e83 Topics Discussed: Robert Kiyosaki Why people often ask the wrong question Building your wealth and not someone else's The fundamentals of wealth and money How assets differ from liabilities and the importance of knowing Using whole life as a tool for protecting, growing, and keeping your money in motion Debt The false wisdom of saving merely 10% Why so much of your money is "walking out the door" Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss the most prominent reasons why banks purchase so much whole life insurance. You'll learn the secrets from them by following in their footsteps. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e82 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Banks are in the money business, obviously. So, if they're in the money business and they're buying a product of which you're being told not to buy, you should start asking why we're told don't buy whole life insurance. Topics Discussed: How and why those people try to put you in a box Why they tell you to do things they never would What banks use whole life insurance for Did you know the two biggest banks own $20 billion in cash value in whole life insurance? BOLI Exactly how banks use BOLI The right way and the wrong way to use the infinite banking strategy Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss three of the most common misconceptions people believe about their retirement that could blindside them and wreak havoc on their retirement. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e81 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Aligning goals and desires with reality How going along with the masses is a surefire way to get slaughtered How to judge if your retirement plan is safe or putting you at jeopardy What do do when the fund your in is not what you thought it was When blue chips don't mean much in the long term Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss how the rate of return numbers can be manipulated to deceive you into believing an investment is better than it is. We'll also share how to protect yourself from predatory investments. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e80 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom When looking at investments, it can be tricky because many people can manipulate these numbers to look much better than they are. These are myths some advisors use to deceive people. However, these aren't exclusive to advisors. They're used in many investment areas. Topics Discussed: Common investment myths perpetuated by some advisors How to ask the simple yet revealing questions Understanding the average rate of return vs rate of return What to watch for in lending clubs and various real estate syndications Knowing why no one will care more about your money than you will Financial marketing myths Watching out for portfolio sleight of hand Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss how we assess whole life insurance policies to determine if they're good or bad for you. We also share what you can do with your policy if it's losing money. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e79 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom This comes up a lot. When you start learning about this infinite banking concept, the first thought is, "Why didn't I know about this beforehand?" Then when people come to us from somewhere else, we inevitably hear, "You're telling me I could have been using this policy for all of these things over the last 20 years?" It comes down to ensuring you are in the right policy first and now how to it them for optimal profits. Topics Discussed: Assessing which is the right policy for you Determining when a policy isn't right for you What to do when an existing policy is losing money and not a good policy fit Policy premiums and how to understand them Matching policy premiums with your goals Policy in-force illustrations revealed Creating and understanding cash-flow How to know when to keep and when to get rid of a policy Which policies are and are not right for use with Infinite Banking Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We share a strategy that will boost the profit you can make in almost any investment. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e78 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom A lot of new listeners may believe we are against investing money. However, that is not the case in the least. In fact, we're pro-investment; with a twist: stack the strategies to maximize your profits and returns. It sounds difficult, but it isn't. Find out more in this episode. Topics Discussed: Making outside investments using policies The nuts and bolts of how this works How stacking strategies pays off What happens when your lazy money gets more than one job and becomes hyper-productive Doing an end run around unnecessary taxes Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We share how to change the way that you think about money so you can be successful in Infinite Banking. We'll also discuss why infinite banking is so unique in the financial world. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e77 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom When you enter into the infinite banking world, it's like we have to redefine words. Then we also have to shift to a different philosophy about how money to be successful in Infinite Banking. We dive into the why and how today. Topics Discussed: Reshaping the words you use to talk about money A fresh perspective on understanding how money works how to use a whole life insurance policy to build wealth in a different way The one big mindset shift to unleash your financial potential How and why Infinite Banking stands alone and is wholly differ in the personal finance world Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss why it is crucial to own infinite banking policies for yourself and your family even if they are not earning an income. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e76 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Going beyond cash values and infinite banking strategies The importance of a death benefit for those you leave behind What most people don't consider, the impact of losing a young child and the aftermath Insulating yourself financally from an emotionally devistating time How soon to ensure children How much to start with Planning for the future and leveraging for college tution Health care expenses Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss why it's essential to stop going through the motions with your money. Step number one: determine what you're genuinely passionate about in your financial life and then make decisions that drive you towards your goal. If you define what success is, you can attain it. Find out how in this episode. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e75 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Many of us are making decisions, not necessarily based on what we're passionate about or what we define as success. Instead, we're making decisions about what the world tells us to plan for or to believe in even when it's not what we want. We've never met somebody passionate about their retirement income. Usually, those people are looking forward to what they're going to do in retirement. Perhaps, those people never stopped and asked the big "Why's." It all starts with one thing with money everyone should do. Topics Discussed: Starting with why Defining financial success Rethinking retirement The 10 Commandments of Wealth All the questions you must ask Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we correct the three most common infinite banking myths so that you can build your banking system with clarity and confidence. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e74 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom We get the same questions over and over again. We also find the same issues when people try to get started with infinite banking. There is a common theme to the things that come up all the time. There is a lot of misleading and confusing information out there. Today, we're going to set the record straight on the three most important and regular offenders. Topics Discussed: The loan process with policies Where the interest really goes and how you benefit What causes policies to grow and what does not How loans do and do not impact your policy growth Focusing on lots of loans and fast repayment vs focusing on premium payments How long you need to wait before taking a loan Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we will discuss one of the most frequently asked questions about money. How can I make sure that I don't run out of money before I die? We're going to give insight into why this happens and what you can do to make sure it doesn't happen to you. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e73 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom We've seen this become a bigger and bigger concern over the years. There are people that saved, were frugal, and that were wise with their money. Now they are 70 or 80 and realizing, "I don't have enough money to live, what am I going to do?" We're going to give insight into why this happens and what you can do to make sure it doesn't happen to you. Topics Discussed: How and why this is becoming more of an issue for a greater number of people Busting retirement myths Is a million dollars still a big deal and "enough" Mindsets and perspects that alleviate desire for retirment and lead to a life of service Not putting faith in Uncle "nanny" Sam to take care of you Strategies and tactics that really work Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss the millennial financial crisis at hand, how it's getting worse, and what people can do to protect themselves. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e72 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Why millennials are in such poor financial shape The biggest debt trap and when conventional investments don't yield the desired results The shift in focus from living to work to working to live Understanding the basics of budgets and what they really do for you When not having something to believe in trips people up Using private family financing to circumvent the system and live the lifestyle they want without jeopardy Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

e discuss the most important element for success with infinite banking, and how it can free you from financial slavery forever. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e71 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: What is Parkinson's Law and what does it have to do with money How things expand to fill the available constraints The sneaky thing having more money encourages you to do (that's not good) When money is finally freed up Mindsets to redefine constraints Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we discuss what it means to be an honest banker and how you can protect yourself from being your own worst enemy as you're trying to become financially independent. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e70 Topics Discussed: The great responsiblity that comes with the power of becoming your own banker. What it means to be "an honest banker" Putting yourself on a reasonable budget and what that means Learning to pay yourself first Using your money to create financial volocity Paying yourself back and loving self imposed high interest rates Recapturing money spent and how it works Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss the three biggest banking myths people believe. These myths can dictate your behavior and hold back your ability to build wealth. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e69 You often hear us talk about banking. We're not big fans of conventional banking. What we are enthusiastic about is you becoming your own banker and what we call personal family financing. You see, we feel that banks can be a little deceptive in how they operate. Plus, what we believe about them can impact how we think and what we do with our money. This is where problems begin. So today, we're going to nail down three banking myths holding people back from building lasting wealth. Topics Discussed: When banks do and do not make money from you. Why banks offer free checking accounts. Is your money as safe in a bank as you think it is? Is the money you deposit still yours? Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We continue our discussion on mortgage myths and how to turn your house into an asset. You'll be able to beat the bank and pay yourself first. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e68 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Mortgage Myths and Turn Your Home into an Asset: Using a bank and making money off their money How home equity is actually idle money (make it work for you) The unusual use for a HELOC no one told you about Increasing your personal liquidity Increasing the velocity of your money When not paying your home off can be a good thing Separating the equity from the home so you can control it Episode Takeaways: Equity in your home isn't the best thing because it's idle money. It's not working for you. It's not putting money in your pocket. Go from stagnat to motion. Banks don't like to lend money to people who need it. They like to lend money to people who don't need it.Put yourself in a position to not need it. The velocity of your money is how fast it can make money move. The higher your money's velocity, the more it will grow. Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss how to avoid the biggest mortgage pitfalls most people fall into so you can use your mortgage to your advantage. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e67 This topic is big--too big for just one episode, in fact. So, we're going to make this a two-part series. Why is mortgage pitfalls such a big topic? Typically, homes are our most significant decision and purchase. This means how we're going to pay for it is also essential. How you view your mortgage can also be significant. For instance, one of the mortgage pitfalls of buying a home is many people think that their house is an asset and that can be dangerous thinking. As Robert Kiyosaki, author of Rich Dad Poor Dad, says an asset is something that's supposed to put money in your pocket. Is your home putting money in your pocket, though? We expand on this and more in this episode. Avoid Mortgage Pitfalls and Make it Work For You: 15-year vs 30-year mortgages Is a home really an investment Using the equity in a home for more than a savings account Understanding assets vs. liabilities Why banks prefer and entice borrows to take the 15-year Paying back the bank slowly versus quickly and the advantages Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss the basics of how to build and fund a banking policy from the start. Plus, we'll share real-world examples of how other people have funded their policies to help you understand what it could look like for you. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e66 How to Fund a Banking Policy Topics Covered: Starting with the simple questions to ask yourself Transitioning the money you're already setting aside Answering the common question of, "Do I need a lot of money to start?" Using Tax Refunds Using a home equity line of credit (HELOC) when you're home has a high level of equity 401(K) based loans Using lump sums and spreading things out Limitations and Modified Endowment Contracts in a nutshell The phases of building an IBC system Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Special guest Ray Poteet joins us to discuss how you can use infinite banking to take the stress away from paying your income taxes each year. Plus, he'll share how you can actually make a profit doing so. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e65 ~ Recieve your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Taxes are such a significant and stressful burden for most people. The good news is there is a way to not only reduce the stress of paying income taxes, but there's also even a way to profit from them. For the last two years, Ray has shared with clients a system to recapture money spent on income taxes. Today, he'll share it with listeners. Make Money from Paying Income Taxes: The story of when the method first occurred to Ray The simple system for paying income, property taxes, and charitable giving through policies The two rules: paying yourself first and paying yourself interest Why using separate policies is important to the process How the math works Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

In this episode, we will discuss the importance of working with a mutual life insurance company, and how to start thinking like an owner instead of a depositor. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e64 A mutual life company is one of the fundamental pieces of private family financing. You see, whenever you buy a policy from a mutual life insurance company, you become an owner of the company; You're not a customer of the company anymore you're the owner. We discuss this and explain all the moving parts. Listen now to learn more. Topics Discussed: The basics of what a mutual life insurance company is and how to think about it How a mutual life company, fits into infinite banking and why it's the best fit Being a depositor versus being an owner Banks versus insurance companies and how they're the same and different One of the most common questions we're asked what why it is such a good one to ask What a mutual life company, is and isn't; what they do and what they don't do When changing perspectives yields big dividends Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss the unrealistic retirement expectations people have, and how you can find fulfillment in your work instead of merely working for a paycheck. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e63 Today we're talking about a topic that either you like talking about or you avoid talking about, depending on your personality. That topic is retirement. It can be exciting, it can be scary, it can be nerve-racking, but it just depends on how well you've prepared and your relationship with money and work, to begin with. We'll uncover some of the things we found that make retirement expectations dangerous. Topics Discussed: Thinking differently about retirement Determining the right age to plan for Counting the days vs. loving what you do Rabbi Lappin and Nelson Nash on retirement Finding meaning and value in service and passion The two options for dealing with a job you hate The false dreams financial services sell us and why Who arbitrary ages set limitations Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss the value of making loans funded through an infinite banking policy. We also share how policy loans affect your policy and the real way you should think about that internally in the policy. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e62 We're often asked by our clients and podcast listeners how loans affect infinite banking policies. People frequently also ask what impact the loans will have on the death benefit beneficiaries. Today, we answer those questions and more. Topics Discussed: Policy loans and the impact on wealth transference to beneficiaries Whether or not a loan is a prepayment on a death benefit An overview of how loans affect the math and put you ahead How the death benefit alone is not the full picture The value of making a loan and the value that the policy can add A 13-million dollar case study Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss stagnant money versus money in motion, and how infinite banking can help you make money in a whole new way. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e61 Keeping money moving is a fundamental strategy banks employ to accomplish their goals. In other words, banking is about making money move constancy. Our personal goal is to not just let money sit someplace. We want to be able to use our money productively like banks do. This is as much what you're doing with it as it is how you're using money. Today, we'll share how you can think like a bank. Topics Discussed: What does it mean for money to sit and why is it bad What does money in motion mean How the wealthy keep money in motion Why the more you keep your money moving, the more money you can make off it The fundamental rule banks follow and why you should too How to make your money do more than one job at a time Thinking of policies as vehicles and not a storehouse for your money Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We discuss how infinite banking is more like starting a business than just saving money and how you can operate your finances like a business. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e60 People new to the concept often begin with a savings mindset. Sometimes even long-time practitioners have not made the connections yet. However, the real magic is making the money move. It is a mental shift or a thinking process change. To do that, you first must see what you're doing as though it was a business and not a savings account. It requires a new way of looking at things and in this episode, we'll share how. Topics Discussed: Changing the way you think to see Infinite Banking through fresh eyes The two businesses you're actually in Clearing up common confusions about Infinite Banking and mindsets Being in the money business Understanding the long view of profitability Making money move and work rather than just sitting around passively Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Ray Poteet joins us to share the money mistakes that he's made over the past almost 50 years to help you avoid the same pitfalls. These are lessons from both in the investment world, as well as the errors he made while initially practicing Infinite Banking. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e59 A lot of people like to talk about the success that they've had. But, often, the best lessons come from other people's mistakes. Ray is very efficient with money and rarely loses anymore because of what he's learned from financial mistakes made in the past. In this episode, he shares with you so you can get a leg up and don't have to learn the hard way what works, what doesn't, and what's holding you back. Topics Discussed: Where Ray got his start in life insurance His early money mistakes Lessons from the financial crashes of the '70s, '80s, early 2000s, and 2008 The moment Ray felt completely betrayed by his industry and why Uncovering the cash fallacy When and how IBC came into Ray's life When Ray realized he'd missed out on an easy $183,000 Focusing on the short view and missing the big long view The small mental shifts in perception that make a huge difference in your wealth Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Ray Poteet joins us to share strategies and tactics for building and leaving a legacy of wealth. A must listen for any parents, grandparents, and expecting grandparents. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e58 If you're a new listener, Ray Poteet is the founder of Living Wealth and author of The Tree of Wealth. Join us as he draws on and shares his vast experience in teaching future generations about money and helping them achieve financial significance. Topics Discussed: Lessons learned on teaching the next generation about money Teaching by example The ease with which you can get sidetracked and how to find your way back How IBC works for grandparents wanting to build and leave wealth Using policies to protect an estate between generations How keeping and recirculating money in the family helps you never to lose control Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

We share how to best position yourself to make it through the unexpected catastrophes of life, both big and small. Plus, we'll share how infinite banking can be a great foundation to have in place when the unexpected hits. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e57 No one likes to think about all the things which can go wrong. With all the turmoil in the world right now it's understandable; it's just too much. But whether an event is small and personal, or significant and widespread, you can do simple things to protect and insulate yourself from financial crises. Join us as we explore how to become prepared for unexpected financial crises in your life. Topics Discussed: Catastrophes happening now and a looming crisis Preparing financially for the high-probability personal disasters A case study of when IBC saved Holly from a personal disaster A case study of repairing a home in record time after a major flood The emotional and spiritual impact of financial emergencies When life insurance is not an expense but an asset The one thing no one ever says after a loved one passes on Preparing to thrive through another economic crash Episode Resources: * Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ * What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ * Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/