Dollars and Nonsense

Dollars and Nonsense

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Dollars and Nonsense episodes

  • E146: How to Protect Yourself from Financial Crisis Like a Successful Bank

    In this episode, we discuss how you can protect yourself from volatility during financial crises in the same way banks do. We'll also share how you can even use the same tools they do to ensure you can withstand financial distress in times of trouble.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e146

    Topics Discussed:

    • How current economic stressors are impacting the financial system
    • What experts predict for the near future
    • The basics of what it takes to weather a real financial storm
    • How debt, leverage, and liquidity affect your money during crunches
    • How liquid capital protects you during a liquidity crisis
    • Are cash, real estate, crypto, metals, stocks, or bonds safe bets during a recession
    • The investment opportunities that present themselves and how to seize them

    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/

    25 min
  • E145: Why Dividends are so Important to Infinite Banking Success

    In this episode, we discuss life insurance policy dividends: why they are so crucial to the concept of infinite banking and the main factors that affect dividend amounts.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e145

    Topics Discussed:

    • How insurance policy dividends are fundamental to what makes infinite banking policies work
    • Why leaving money sitting in a traditional bank checking or savings is a money-losing proposition
    • What do dividends symbolize in the finance world and why does this matter to you
    • Mutual life insurance companies
    • How the interest rate environment affects your policies
    • How precise actuarial science has become and why that's good for policies
    • What rising interest rates do and do not do to IBC policies
    • Simple IBC habits to make the most of 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/

    29 min
  • E144: 3 Easy Ways Infinite Banking Can Skyrocket Results on Every Investment

    In this episode, we discuss the three ways that practicing infinite banking can increase the return of every investment you make.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e144

    Topics Discussed:

    • Why infinite banking helps you be a better investor
    • Important IBC misconceptions that hold people back
    • What it means to make your money do more than one job at a time
    • The magic of compounding assets and investments
    • Where true tax deductions come in
    • How the freedom to be an opportunistic investor really pays off

    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/

    28 min
  • E143: Do These 3 Things to Get the Best Results from Infinite Banking

    Today, we discuss three things you can do to get the best results from 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/e143

    Topics Discussed:

    • Why we say stop paying cash and your bank account to pay for things
    • Understanding the best time to use a policy loan
    • Making your lazy money get off the couch and work multiple jobs 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/

    23 min
  • E142: Beware of Three Major Flaws In Retirement Programs to Absolutely Avoid

    This episode discusses three significant flaws associated with retirement programs and why we believe you can get much better results by avoiding retirement programs altogether.

    ~ Access our Masterclass FREE to podcast listeners here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e142

    Topics Discussed:

    • Where to begin when contemplating a retirement program
    • Defining your financial goals
    • Are most people really happy with the 401K or IRA they're in?
    • Is financial autopilot a sound strategy for your future?
    • The psychological impact that a retirement program brings to people
    • How health considerations impact your planning
    • How conventional programs destroy entrepreneurial spirit in most people
    • When some solutions build a false sense of hope for the future
    • Accounting for the unconsidered volatility of the markets
    • Measuring opportunity costs and weighing your options
    • Understanding tax savings vs tax deferment that will sneak up to steal your 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/

    32 min
  • E141: Beware these Huge Tax Planning Pitfalls and What You Need Do Instead

    In this episode, we discuss the main misconception about tax planning using qualified retirement programs. We also explain why it is one of our biggest pet peeves when meeting with clients or accountants.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e141

    Topics Discussed:

    • The biggest misconception about tax-qualified programs
    • What accounts get wrong or confuse clients about when it comes to tax planning pitfalls
    • How to determine when a tax deduction is actually a tax deferral, and why that matters
    • The opportunity loss of putting your money in "tax jail"
    • The mirage effect of tax deferral products and concepts
    • Critically thinking about how future tax rates will impact your retirement savings
    • How these tax planning pitfalls impact business owners

    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/

    22 min
  • E140: What Really Happens to Infinite Banking if the Dollar Collapses or Hyperinflation

    In this episode, we discuss what happens to Infinite Banking policies if the dollar collapses or hyperinflation hits. We also discuss what you can do to protect yourself in light of the current global turmoil.

    ~ Access our Masterclass FREE to podcast listeners here:

    https://livingwealth.com/secretbanking/

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e140

    Topics Discussed:

    • How IBC has historically faired during economic turmoil
    • The real cost of high inflation periods
    • The difference between investments and banking systems
    • Dollars, gold, and mediums of exchange
    • Why it is best to keep money in motion rather than stagnant
    • Infinite banking vs 401Ks in times of financial peril
    • The importance of asset diversification and where IBC fits into the strategy
    • How mutual life insurance companies are owned by the shareholders
    • The 200-year track record of mutual life insurance and how they are different from the rest of the 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/

    20 min
  • E139: How to Ensure Your Retirement Money Doesn't Run Out

    In this episode, we discuss one of the most common questions that comes up as you plan for retirement, "How much money can I safely withdraw from my accounts without running out of 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/e139

    Ensuring you have enough money to last you is probably one of the most critical questions to answer for people planning for retirement, especially if they've built up their assets in a more conventional way. In retirement, the greatest fear is that you will outlive your money and then be forced to live on the charity of family members or the government. We break down the options and answers today.

    Topics Discussed:

    • How economic fluctuations and inflation can rob you of your future
    • Why the way traditional structured assets are not doing the best job for most people
    • Simplifying the math to see what the future really holds for your money
    • Understanding the doubling effect that takes hold and reduces your wealth when you move to a distribution phase
    • The risk of using volatile assets to fund your future
    • Why and how whole life policies are a non-volatile asset that only goes up with the right structure

    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/

    28 min
  • E138: Why People Who Keep Money in Motion Grow Wealth Faster

    In this episode, we discussed how keeping money in motion is better to build wealth than the conventional wisdom that focuses on storing money up in accounts for decades without ever getting your hands on it.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e138

    Today, we're going to talk about the concept that motion is a crucial way to build wealth. This model of growing your money is a little different from what we've all been taught.

    For those of you who are new to IBC, you can probably tell many things we suggest and do are different from conventional advice. To that point, one of the biggest things is the difference between people who let money lay dormant and people who keep their money in motion. People practicing IBC put their money to work for them, while folks operating under conventional thinking let their money be lazy.

    Topics Discussed:

    • What keeping money moving means
    • Why and how static money storage robs you of wealth
    • How motion means more than policy loans
    • What this means for retirement accounts and cashflow
    • What it means to really put your money to work or even do multiple jobs
    • Lesson's from Robert Kiyosaki's book titled Rich Dad Poor Dad about money
    • Understanding what banks have known for hundreds of years about money in motion
    • What it means to be your own banker

    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/

    24 min
  • E137: Do You Need an Emergency Fund or is there Something Much Better?

    In this episode, we discussed the question, "do I really need an emergency fund?" Not only do we get questions on this topic, but we also find out that there are still some misconceptions having to do with this ingrained bank account mentality in all of us. So we dive into emergency funds and ways that money might actually be put to more productive and protective uses.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e137

    Topics Discussed:

    • What does an emergency fund really cost?
    • How many months worth of expenses should an emergency fund cover?
    • Is a bank really the best place to hold your fund?
    • The most expensive money in a bank
    • How to use Whole Life instead of a bank
    • Illustrating the gains from using IBC for emergencies
    • Why policy payments are really deposits in your own bank

    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/

    21 min

About Dollars and Nonsense

From the publisher's feed

Dollars and Nonsense focuses on helping individuals and families find financial freedom by leveraging the Infinite Banking Concept (IBC). The podcast delivers real-world tips, tricks, and techniques for anyone wanting to take their wealth to the next level.