Dollars And Nonsense

In this episode, join Nate as he reveals the three things he cherished most during the first 10 years of his journey with the Infinite Banking Concept. Prepare to be inspired by the invaluable lessons and experiences that have transformed his financial life and discover how it can empower you on your financial path. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e194  ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode:  Gain insights from Nate’s experiences and learn from the successes and challenges encountered over the past decade  Discover how Infinite Banking can revolutionize your approach to finances and pave the way to financial freedom What is a capital mindset, and why is it essential to see your life through it when practicing Infinite Banking Concept How can you m

The default option is always the most expensive in every area of life.  In this episode, Nate discusses how to forge a compelling future by paving your path instead of taking the default options that society presents us with ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e193 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode: Discover why the default option is almost always the most expensive, the slowest, and the worst choice Why you should ditch the default culture to achieve better results than everyone else by starting to use the Infinite Banking strategy Gain insights into forging a compelling future by consciously opting out of default options and charting and controlling your course Explore how deviating from society's default options can lead to greater fulfillment,

In this episode, Nate discusses if you can pay all expenses through infinite banking policies. He’ll also dive into Nelson Nash's profound statement from his book regarding the alignment of premiums and income. Get ready for insights that expand your understanding of the Infinite Banking Concept. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e192 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode: Why Nelson Nash said that premiums and income should match Discover why using a “CVLOC” from a regular bank can help you run your income and expenses through policies Why running expenses through policies should be the last thing you do in your IBC journey (and for most people, something they will never fully achieve). Discover how Infinite Banking can provide you with greater con

Join Nate and Holly in this episode as they share invaluable lessons learned from managing Ray Poteet's estate. They deep dive and share how to avoid the pitfalls they encountered, ensuring a smoother journey toward building and transferring your estate. In addition, they discuss two paths available for estate building, yielding vastly different outcomes. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e191 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on  Apple Podcasts Topics discussed in this episode: Learn key considerations to ensure an effortless transfer of your estate Why you should avoid probate at all costs How to start moving your assets into a trust Understand the two basic paths for your estate transfer What is the family office estate concept Why should you lean towards the family office estate concept if yo

In this episode, Nate discusses the efficient design of IBC policy premiums and answers common questions on this complex subject. He also discusses the mysteries surrounding premiums and equips you with the knowledge to make informed decisions. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e190 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode: What insurance  “premium” really means in IBC, and what it's doing inside a policy  How to set up premiums and how you should see and think about it Learn about common misconceptions and resulting pitfalls that arise with premiums Understand the relationship between the MEC limit and the base premium Answer the common question of if you really have to pay premiums forever Know what to do about your premiums when you're in a tough fi

In this episode, join Nate as he welcomes back the renowned guest, Rabbi Daniel Lapin, to discuss how ancient Jewish wisdom can revolutionize your wealth-building journey. They also discuss the destructive nature of retirement goals and explore alternative focal points for building lasting wealth. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e189 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode: Learn the destructive nature of retirement goals and their impact on wealth accumulation How the Bible should be impacting the way you think about your money, wealth, business, and life Why you should see money as God's intended tool Discover the difference between how you feel about money and how you think about money What should we substitute in a society that views retirement

In this episode, join Nate as he dives into a real-life example that demonstrates the incredible potential of the Infinite Banking Concept in maximizing your investment returns. He’ll also share how to strategically leverage your policies so you can amplify the profitability of your investments. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e188 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode: Understand that Infinite Banking Concept is not about a policy but creating a banking enterprise that funds your life How to create a family banking business that funds your investments, your family's mortgages, and your family's car loans Discover practical strategies for utilizing your policies to boost the profits generated by your investments Learn a detailed example of integra

In this episode, join Nate and Holly as they unveil the three transformative rules of wealth creation. By implementing these rules, you can revolutionize not only your own life but also the lives of future generations, and it will surely reshape your financial trajectory. They will guide you toward unlocking the path to economic liberation. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e187 ~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts. Topics discussed in this episode: Learn how implementing these three rules can profoundly impact your life and future generations How leveraging the Infinite Banking System can contribute to building wealth and achieving financial freedom Why it is essential to take ownership of your financial future, and why you’ll finally start having fun with your own money in the pro

In this episode, join Nate and special guest Chris Bjorling, a successful serial entrepreneur and long-term client. They explore Chris's fascinating journey into the world of Infinite Banking and his impressive achievements since starting his policy seven years ago. They also discussed how he began his lending company, which our audience can invest in. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/escapethebank ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e186 ~ Review on Apple Podcasts Topics discussed in this episode: Our client Chris’s fascinating journey into the world of infinite banking and his impressive achievements since starting his policy Learn how Chris's entrepreneurial spirit paved the way for his own lending company Find out how you, our audience, can participate and invest in Chris's thriving lending venture Know how to classify your money correctly so the transactions in your life can make sense, especially when

In this episode, Nate discusses how numbers lie, especially in the financial world. He also discusses why you shouldn't invest money solely in projections and why in the Infinite Banking community, policy illustrations should serve a minor role in your decision-making process. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e185 Topics discussed in this episode: Discover how numbers can deceive, particularly in the complex world of finance Why basing your investments solely on projections can lead to risky decisions Why the Infinite Banking community emphasizes a different approach Uncover why policy illustrations should play a minor role in your decision-making process Gain insights into making more informed financial choices How you can decide based on a deeper and conceptual reality that is likely to achieve what is being projected and not let your ears get tickled by so

In this episode, Nate reveals strategies to turn your Infinite Banking system policies into a profitable business venture. He also discusses the four essential steps that will empower you to control your finances and unlock the full potential of IBC. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e184 Topics discussed in this episode: Why you should create your own profitable banking system Understand a revolutionary approach to maximizing the impact of Infinite Banking on your finances Learn powerful strategies that can transform your financial life and unlock the true potential of Infinite Banking How to maximize the gains and benefits of Infinite Banking for a more prosperous future How to practice Infinite Banking appropriately and make every transaction work for you Episode Resources: Gain access to our Beginner's Course now FREE to listeners of the podcast here now

In this episode, Nate discusses a revolutionary approach to maximizing the impact of Infinite Banking on your finances. He also discusses the simple yet powerful strategies that can transform your financial life and unlock the true potential of Infinite Banking. ~ Access our FREE Infinite Banking Beginner course here: livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e183 Topics discussed in this episode: Why you should create your own profitable banking system Understand a revolutionary approach to maximizing the impact of Infinite Banking on your finances Learn powerful strategies that can transform your financial life and unlock the true potential of Infinite Banking How to maximize the gains and benefits of Infinite Banking for a more prosperous future How to practice Infinite Banking appropriately and make every transaction work for you Episode Resources: Gain access to our Beginner's Course now FREE to listeners of the podcast here

In this episode, Nate delves into the true essence of Infinite Banking. Whether you have been practicing IBC for years or just starting to explore the concept, this episode will bring incredible clarity to what “becoming your own banker” can accomplish for you. ~ Access our FREE Infinite Banking Beginner course here: livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e182 Topics discussed in this episode: Discover the real meaning and potential of Infinite Banking for your financial future Learn how the IBC system explores a better alternative to building up, storing, and deploying capital What are the benefits of using whole life insurance policies as a financial tool Know how Infinite Banking can provide you with long-term financial security and peace of mind Understand why banks do not use their money How banks use BOLI (Bank-owned Life insurance) primarily Why do mutual life insurance companies exist Uncover the misconceptions surroundi

In this episode, Nate and Holly pay tribute to the late Ray Poteet, sharing the valuable lessons they learned from him. They also discuss how Ray's contributions have advanced the concept of infinite banking, paving the way for future generations to benefit from his work.  ~ Access our FREE Infinite Banking Beginner course here: livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e181 Topics discussed in this episode: Discover the inspiring story of Ray Poteet and how he became a trailblazer in the world of Infinite Banking Learn about the valuable lessons we can get from Ray that can benefit your financial journey Know how Ray's vision and contributions have pushed the boundaries of Infinite Banking, making it more accessible and useful for everyone Understand the importance of a long-term perspective when it comes to financial planning and how infinite banking can help you achieve your goals over time See more potential of IBC to create ge

In this episode, Nate explores the topic of managing extra cash when practicing infinite banking. By taking a holistic approach to managing your finances, you can optimize the effectiveness of your Infinite Banking strategy and achieve greater financial security and freedom. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e180 Topics discussed in this episode: Explore various options for utilizing extra funds, such as having strategic loan balances Gain expert insights on how to take a holistic approach to financial management for greater success Why does every decision that you make when practicing IBC needs to be logical Learn how to prioritize and allocate your extra cash to achieve maximum benefit and growth How to navigate potential pitfalls and risks associated with managing extra cash, and how to avoid common mistakes Practical tips on how to incorporate the Infinite

In this episode, Nate explains the significance of initiating the use of your infinite banking policies. While simply having a policy in place is a good start, more is needed to reap the full benefits of infinite banking. ~ Access our FREE Infinite Banking Beginner course here: livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e179 Topics discussed in this episode: Discover Nate's game-changing perspective on infinite banking policies Learn why passivity is the ultimate enemy of success in IBC Uncover the connection between confidence and successful IBC practice Gain insight into the importance of taking action to steer your financial ship Uncover why using policies is crucial for becoming a successful IBC’er Why human behavior trumps math in a debt management Ramsey vs. Shapiro: human faults vs. math, which wins? How to shift your financial mindset for long-term control Realize the importance of moving beyond math to achieve financial suc

In this episode, Nate explores how to identify for whom the infinite banking concept will provide the most value. It’s what he calls finding the ideal client. In addition, the episode reveals how a tailored approach and a robust consultant-client relationship can lead to long-term success with IBC. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e178 Topics discussed in this episode: How to determine if you are someone who can benefit the most from the Infinite Banking Concept Learn how to align your goals to maximize value from an IBC consultant Find out how we focus on providing value to the right people that can help them be the best banker they can be Uncover the difference between a consultant relationship and an order-taker relationship in the banking world How to get the most benefits from engaging with a consultant who values ongoing communication and collaboration

In this episode, Nate explains the impact of infinite banking on your income statement and balance sheet and why misclassifying policy transactions can harm your financial mindset. ~ Access our FREE Infinite Banking Beginner course here: livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e177 Topics discussed in this episode: Learn how infinite banking can help you take control of your finances and achieve financial freedom Understanding how financial statements work Find out how to avoid common mistakes that can negatively affect your income statement and balance sheet Why do policy transactions not affect the income statement or budget Uncover tips for successfully implementing infinite banking in your personal finances Why whole life insurance premiums have a unique effect on the balance sheet How different policy transactions affect your income statement, your personal income statement, and your balance sheet Gain insight into how polic

In this episode, Nate discusses how you can earn life-changing rates of return on your investments with very little overall risk by choosing your investments using the barbell strategy. ~ Access our FREE Infinite Banking Beginner course here: livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e176 Topics discussed in this episode: Why consider implementing the Barbell strategy to optimize your portfolio How to achieve high returns with minimal risk by using the barbell investing strategy Why this strategy requires discipline and a long-term perspective but can lead to life-changing rates of return on investments Find out what steps to take before making any investment decisions to ensure financial success Understand how regular rebalancing is necessary to maintain the desired allocation and maximize returns Episode Resources: Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/bankon

In this episode, Nate discusses how Silicon Valley Bank collapsed, and he also answers the question, "Could something similar happen to mutual life insurance companies?" In addition, he'll detail essential lessons for all of us to learn in light of the recent bank meltdowns. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e175-bonus Topics discussed in this episode: Explanation of what caused Silicon Valley Bank and Signature Bank to fail, including the unique set of financial risks they faced How banks operate and how they invest deposits from customers Why banks and companies that stretch for yields are vulnerable to meltdowns, and the same can happen to individual investors How monitoring and regulation of banks and mutual life insurance companies contrast Comparison of mutual life insurance companies to other types of financial institutions, such as banks and credit unio