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 policy cash value, real estate, stocks, mutual funds, and retirement programs are assets that should be on the asset side of the balance sheet

Episode Resources:

• Gain access to our Beginner's Course now FREE to listeners of the podcast here now https:/livingwealth.com/bankonyourself
• 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/