Dollars and Nonsense

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:

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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/