Dollars and Nonsense

Dollars and Nonsense

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Dollars and Nonsense episodes

  • E175 Bonus: Silicon Valley Bank vs. the Safety of Mutual Life Insurance Companies Now

    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 unions.
    • Understanding how Mutual life insurance companies are different and more resilient to economic upheavals
    • Learn to evaluate the bank's risk management strategies and policies
    • Lessons on the liquidity of investments and financial positions and how to consider them as a power in financial planning
    • Explanation of how becoming your own banker using dividend-paying whole life insurance policies with mutual life insurance companies is unlikely to face the same risks as traditional banks

    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
  • E175: Advanced Infinite Banking: Unlock the Power of Strategic Loan Balances

    In this episode, Nate discusses one of the more advanced topics in IBC, strategic loan balances. He'll also dive into what is a strategic loan balance, who can benefit from having a strategic loan balance, and why they're not for everybody.

    ~ 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

    Topics discussed in this episode:

    • Defining strategic loan balances and their importance in financial management.
    • How strategic loan balance is connected to your infinite banking system
    • Analyzing the factors that impact strategic loan balances, including interest rates, market conditions, and loan term
    • Evaluating the opportunity cost of maintaining a strategic loan balance versus paying off loans early
    • Identifying potential risks associated with strategic loan balances, such as default and credit risk

    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/

    37 min
  • E174: How to Overcome the Risks and Danger of Every Underfunded Liability

    In this episode, Nate and Holly discuss how stressful and dangerous it can be to live life with underfunded future liabilities.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e174

    Topics discussed in this episode:

    • The five areas of life where people often find themselves underfunded financially
    • Why it is important to properly fund these future liabilities
    • Mutual funds and stock accounts are actually not good at producing retirement income
    • How big the causes are due to unfunded liabilities
    • How to create a situation in which you are very financially secure and be over-capitalized in the future
    • What can the Infinite Banking system do to overcome the dangers of underfunded liabilities

    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
  • E173: How to Enable Infinite Banking and Make a Significant Impact in Your Life

    In this episode, Nate discusses the optimal way to set up your infinite banking system so that you can get the most profit out of becoming your own banker.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e173

    Topics discussed in this episode:

    • What should you be doing to get the most out of IBC
    • The most powerful breakthroughs of IBC
    • Why IBC is meant to optimize your entire financial life
    • Determine what should be flowing through IBC policies
    • Understanding facts about the premium levels that you start

    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
  • E172: Have Financial Freedom with IBC: The 6 Principles You Need to Know (Part II)

    In this episode, Nate continues the discussion of the six financial principles that serve as the bedrock of the Infinite Banking Concept.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e172

    Topics discussed in this episode:

    • Finance everything you buy
    • Banking is inescapable no matter how you do it
    • Capital attracts opportunities like a magnet
    • How people succeed best when they implement the full process
    • Why Mutual Insurance is the best for IBC banking system owners
    • Contrasting IBC with conventional retirement planning structure
    • Mutual Insurance Companies provide the best way to "plug in" to the banking system as owners.
    • Safe capital creates an Antifragile financial position
    • Why the power of IBC cannot fully be shown on a page of numbers

    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/
    18 min
  • E171: Have Financial Freedom with IBC: The 6 Principles You Need to Know (Part I)

    In this episode, Nate discusses the six financial principles that serve as the bedrock of the Infinite Banking Concept.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e171

    Topics discussed in this episode:

    • You Finance Everything You Buy
    • Banking is Inescapable
    • People succeed best when they implement a process
    • Capital Attracts Opportunities
    • Mutual Insurance Companies provide the best way to "plug in" to the banking system as owners.
    • Safe Capital creates an Antifragile financial position

    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/

    36 min
  • E170: What led us to Living Wealth and Success with the Infinite Banking Concept?

    In this episode, Nate and Holly sit down to discuss the journey that led them here to Living Wealth and to the Infinite Banking Concept as a whole.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e170

    Topics discussed in this episode:

    • The Journey of what led them to learn about Infinite Banking
    • This podcast has become a huge blessing in Living Wealth
    • How to be practically and financially free
    • The right financial perspectives to live by

    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
  • E169: Ways to Improve and be Successful in Your Financial Journey using IBC

    In this episode, Nate sits down with friends and clients Garret and Miles Gastile, where they discuss their journey getting started with Infinite Banking. They also discuss the many ways they've successfully implemented the process in this short period of time.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e169

    Topics discussed in this episode:

    • How can Infinite Banking Concept change your perspective
    • What are some things Miles and Garrett had to overcome to really believe in IBC
    • Why paying premiums can be really exciting in one of two ways
    • What were their biggest questions and hesitations while learning about IBC
    • Understanding the fundamental layers of 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/
    34 min
  • E168: Why Universal Life Falls Short and Whole Life is the Solution for IBC Success

    In this episode, I discussed the real reasons why universal life insurance policies cannot be used to practice infinite banking and why participating in whole life insurance must be used to become your banker.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e168

    Topics discussed in this episode:

    • The detailed flaws of the policies
    • What is Nelson Nash's idea of becoming your own banker
    • Why banking is inescapable and a fundamental fact of life
    • The impact that last year had on IUL owners and how it came as a shock to a lot of them
    • Why you can't practice IBC with Insurance Universal Life

    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
  • E167: Know the Best Perspective for Premiums that will Determine your Success in IBC

    In this episode, Nate discusses the proper perspective for premiums while practicing the infinite banking concept. This is the most important understanding that will determine your success.

    ~ Access our FREE Infinite Banking Beginner course here:

    https://livingwealth.com/beatinflation

    ~ Get resources and transcripts from this episode by visiting:

    https://livingwealth.com/e167

    Topics discussed in this episode:

    • Why your relationship with premiums is the most important deciding factor for whether or not IBC will be a success for you
    • Starting IBC with great intention
    • What is the incorrect understanding of premiums
    • Why most fears of capitalizing policies through premiums are based on incorrect ideas
    • Loans and loan repayments fit in the same window in IBC
    • Why should you think that premiums are not payments

    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/

    34 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.