Dollars And Nonsense

In this episode, we will discuss how banks, the most profitable business in the word, have a monopoly on your money. And we'll share how you can break free from their scheme. We can talk about this thing for hours. But in this episode, we're going to nail down how banks work in under a one-half hour. In the course of explaining how banks work, we'll also discuss the inherent problems they create.  And we'll shed light on infinite banking: becoming your own banker. ~ Banking Topics Discussed: ~ * How banks make money off of you * Why banks keep only a small amount of physical cash on hand * Why banks love credit cards so much * How to use Infinite Banking in place of a traditional bank * Paying yourself interest instead of a bank * Why we say "banks have a monopoly on your money" * Where the FDIC comes in * Are banks running a legal Ponzi Scheme ~ Episode Takeaways: ~ * Banks make money off of you by simply allowing you to deposit your hard-earned money into their bank. * Every deposit that someone makes at a

In this episode, we will discuss how you can discern whether or not something is really too good to be true so that you don't get swindled by the next fly by night salesman. She's Holly and she helps people find financial freedom. We're in the type of financial business where we're privy to hear people say, "Wow! This sounds so good it might be too good to be true." And I know you've heard it many times talking with clients. But why do people say that? What do people really mean when we say the phrase, "It's too good to be true?" What's going through somebody's head when they say that? We give you the tools to determine what is and isn't "too good to be true" in this episode. ~ College Tuition Topics Discussed: * The most common financial strategies that people get burned by * Get-rich-quick-schemes to stay away from * Is the Infinite Banking Concept to good to be true * Why banks are the biggest buyers of Whole Life Insurance policies * The financial strategy even Walt Disney used to start Disneyland * The f

In this episode, we'll discuss the implications of taxes on retirement. We'll address the biggest question that most people don't ask, but should be aware of, when putting money away for retirement. We've got a pretty exciting episode for you; it will focus on taxes on retirement.  You see, there are various ways that people can be taxed while building wealth and when they retire. So we share some questions to ask yourself to determine which route is right for you. There are different ways taxation can impact your retirement plans. What we'll do in this episode is bring to light some things that must be considered and how different strategies can impact taxes on your retirement in the future. ~ Retirement Taxes Discussed: ~ * Retirement wealth vehicles and options * IRAs * 401Ks * 403B's * Whole Life Insurance * Stock Market Investments * Pension Plans * Real Estate * How your lifestyle may have to be reduced in retirement because of unexpected taxes * The myth of being placed in a lower tax bracket upon reti

Is fear impacting your wealth? In this episode of Dollars and Nonsense, Holly and Nate dig up the root of your financial worries and set out a plan to eliminate it. If you desire to provide a family legacy for future generations but aren’t eager to reduce your lifestyle, listen in and learn how to build your wealth differently. Escape the doubt and fear by taking charge of your money and thinking outside the box. ~ Episode Takeaways: * We’ve been programmed to let a lot of fear and worry control our lives and give control of our money over to banks and the government. * If you would learn to kick the bankers out of your life . . . you would be able to make so much money on your money. * If we would actually pay ourselves first, we would save first. [Be] a saver first and then the spender. * Changing a loan from somebody else’s bank back to you [turns] a liability into an asset, which is how the wealthy build their wealth. * The focus that the world has put us into is work hard and buy some assets and hope tha

Health care expenses are rising for most American families, and the costs don’t seem to be settling anytime soon. In this episode of Dollars and Nonsense, Nate and Holly explain the lesser known alternative options in health care that can save your family’s wealth and give you ease of mind, all while growing your money along the way. When you get all the facts and think outside the box, there’s no need to be scared of healthcare. Also in this episode: * See how universal healthcare affects your family * Learn why you should rethink premiums * Discover health care sharing ministries ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e10/

What does a football coach and the University of Michigan have to do with building your wealth? In this episode, Nate and Holly unpack a recent contract negotiation that teaches us the multiple benefits of life insurance. Listen in as the hosts discuss how a life insurance policy has been used to help some of the most influential businesspersons and how it can help you in the same way. Also, Nate and Holly reveal * Why the wealthy buy so much life insurance * How the middle class can use a policy like the rich * How life insurance can be more than just a death benefit, and * How to step up your charitable giving without falling behind. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e9/

In this episode, Nate and Holly share the three key steps to breaking free from burdensome debt and never returning to it. Learn how to get serious about the bills crippling your wealth goals and how to change your financial outlook moving forward. Don’t let your debt control you any longer. Plus, Nate and Holly offer more tips on how you can: Be the architect of your financial plans Identify the debt that’s dragging you down Recapture your debt Charge yourself interest and profit from it ~ Episode Takeaways: Get serious about getting out of debt. Make it a desire instead of trying to live off a whim. Actually get a plan. Banks are the biggest buyers of whole life insurance in the world. Would they buy a product that didn’t produce money for them? Some don’t live with a plan. If there’s no plan to have money, there never seems to be any money. Be the architect of your life. The easiest way to do that is to get rid of all those hands in your pocket from the banks. Start saving money in a policy. Use the pol

In this episode, Nate and Holly offer the keys to escaping financial bondage. As many Americans become slaves to debt, our hosts reveal how you can separate yourself from the herd’s mentality by paying yourself first and having your money work for you. Listen in as Nate and Holly also touch on: * The benefits of living on less than you make * How financial freedom can lead to financial success * Budgeting around your savings * Why you should direct deposit to yourself For more resources, visit livingwealth.com/e7

In this episode of Dollars and Nonsense, Nate and Holly discuss how your investor could be deceiving you when it comes to your average rate of return. This manipulative trick can disrupt your financial goals without you even knowing it. Tune in to hear how you can be proactive in your banking and separate yourself from the crowd to gain real wealth. Plus, learn the “Wal-Mart approach” to becoming wealthy that has created one of the most prosperous businesses in the world. Find out: How you can still lose money with a positive average rate of return Why investors are lying about your rate of return How not to fall for your investor’s advice How to recapture money that’s leaving Why you should choose a whole life insurance policy instead. For more resources, visit livingwealth.com/e6

Fifteen-year mortgage or thirty? In this episode of Dollars and Nonsense, Holly and Nate discuss which route you should choose to have more control over your money. Listen in as they also dispel the top mortgage myths leading individuals away from financial freedom.   It’s time to start thinking like a bank and making money off your mortgage.   Bonus: Learn how to use your house to your advantage with the IRS.   For more resources, visit livingwealth.com/e5

Banks are rich. And you’re helping them get even richer! In this episode of Dollars and Nonsense, Nate and Holly dive into the workings of infinite banking and how the banks are using it to exploit your finances. Learn how to take back control of your money and become your own banker with tips from our hosts. Also in this episode, uncover how to: * breakaway from a bank account, * master the power of a policy, and * take the place of the bank. For more resources, visit livingwealth.com/e4

Are you in control of your money? In this episode, Nate and Holly address the topic of financial leverage power and how you should have more of it in order to build your family’s wealth. By making your assets work for you, keeping your money in motion, and thinking outside of the box, you and your family can reap major financial benefits. Listen in as Nate and Holly show you the power of leverage, as well as: • How to make money in multiple places at the same time • Why you should look at life insurance as an asset • The advantages of moving your money • How get out of the “envelope” mindset www.livingwealth.com/e3

Do you stress about retirement? In episode 2 of Dollars and Nonsense, Nate and Holly reveal why your nest egg will keep stressing you out if you follow the three common retirement myths that can jeopardize your freedom after work. Find out why retirement income is a better option for you and how you can use it to reach your family’s financial goals. Don’t let your golden years be in the red. If you seek a worry-free future during your retirement, listen in as Nate and Holly discuss:  the downside of retirement programs how the economic environment affects you the reality of the market how passive income benefits your family America’s savings rate and its influence on your money building a wealth and legacy for your future   www.livingwealth.com/e2

In this episode of Dollars and Nonsense, Nate and Holly reveal the top three money myths keeping you from financial success. Stop taking the traditional route and the usual advice that can put you and your family in fiscal bondage. Also, discover the truth about retirement programs and parking your money as Nate and Holly expose how these commonly believed money-increasers actually affect your wallet. BONUS: Learn the secret to taking back control of your money and building a wealthy future for you and your loved ones. Get your free resources from this episode here: www.livingwealth.com/e1

Introducing the Dollars and Nonsense Podcast.   N: We want to introduce you to Living Wealth’s new podcast, Dollars and Nonsense, where we’ll be talking about outside-the-box strategies for wealth building. Always remember, if you follow the herd, you will be slaughtered. H: As we start today, I want to tell you a little bit about myself. Again, my name’s Holly, and I came to understand the infinite banking concept through my father, Ray. And really what it has brought to our family is financial freedom and the ability to continue to think outside of the box and to never lose control of our money. I was working 18 hours a day sometimes in a job that I did passionately love, but it always took me away from my family. And what I kept doing was trying to work harder, trying to provide more for my family, and at the end of the day, I found out I didn’t have any more than the person next to me who was doing the same thing. The key here, and what we really want to talk to you guys about, is how to get off that hams