Dollars and Nonsense

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/