The Money Advantage Podcast

Nelson Nash: Author of Becoming Your Own Banker and Founder of IBC


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https://www.youtube.com/watch?v=X1_CmCHh1RM
Nelson Nash is an exceptional thinker who discovered a secret to prosperity that was too good to keep to himself. The Infinite Banking Concept® was born when he noticed what was already possible inside cash value life insurance; the ability to earn interest, gain access to capital and take control of your financial life.  Since then, he’s poured his life into providing education about life insurance, making it plain so that others could prosper.  Through his life and work, Nelson has woven a rich legacy that continues to empower.After reading his book, Becoming Your Own Banker, my husband and I quickly implemented these ideas in our own lives.  We secured a dividend-paying whole life insurance policy that we’ve since used to invest in ourselves and our company.  Our financial education journey led to meeting Bruce’s team, where we also met Nelson in person.  We took him out to lunch, and I told him that someday, we would have a podcast, and wanted to interview him before he finished his speaking career.  Looks like we made it!
We are so honored and grateful for the opportunity to share Nelson Nash’s story and wisdom with you.
Table of contentsWhere Nelson Nash and The Infinite Banking Concept Fit in The Bigger PictureWho Is R Nelson Nash?R Nelson Nash Conversation Highlights (Partial Transcript)Life Insurance Cash Value Provides AccessibilityHistory, Austrian Economics, and BankingNelson Nash on Life Insurance Policies and The Infinite Banking ConceptOther Topics DiscussedNelson Nash and Becoming Your Own BankerBe Your Own Banker
Where Nelson Nash and The Infinite Banking Concept Fit in The Bigger Picture
Inside The Money Advantage Cash Flow System, you first increase cash flow by keeping more of the money you make.  Next, protect your money.  And finally, you increase and make more.
Using the Infinite Banking Concept (also known as Privatized Banking) is part of protecting your money in stage 2.
But it’s also a golden key that improves every other area of your financial life.  Here’s how:
It helps you be more efficient with money you already make, keeping and controlling more of it.The insurance component protects your human life value by providing a death benefit to your loved ones, even if you didn’t get the chance to create wealth during your lifetime.The accessibility supports your abundance mindset with an emergency/opportunity fund that provides safety and no-loss provisions.It supplies the capital to invest in cash-flowing assets like real estate and business.Your cash value serves as a storage tank while money is waiting to be used.You earn uninterrupted compound interest on your money, so you don’t chisel away your wealth potential by resetting the compounding.The opportunity to have your money working in 2 places at the same time.Tax-advantaged growth and a tax-free death benefit to take care of your family and maintain your legacy.
Who Is R Nelson Nash?
R Nelson Nash is the founder of The Infinite Banking Concept and the author of Becoming Your Own Banker, Building Your Warehouse of Wealth, and co-author of The Case for IBC (along with Carlos Lara and Robert P Murphy).
A native of Georgia, Nash received a B.S. Degree in Forestry from the University of Georgia, 1952. From 1954-1963, Nash worked as a Consulting Forester in eastern North Carolina.
During more than 35 years’ experience as a Life Insurance Agent, Nash worked with The Equitable Life Assurance Society of the U.S. and with The Guardian. Recognized for his high achievements, Nash was inducted as a Hall of Fame Member by Equitable, a Chartered Life Underwriter, and Life Member of the Million Dollar Round Table.
A pilot for 71 years, Nash flew with the Army National Guard and earned Master Aviator Wings during his 30 years of military service.
He has been married to Mary W. Nash for more than 65 years. The couple lives in Birmingham,
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