Wade is joined again by a colleague and fellow IBC Practitioner, Nicole Tate to continue their discussion (chapter by chapter) of Becoming Your Own Banker by R. Nelson Nash. This episode focuses on The Willie Sutton Rule, which states that one's first choice should be to choose the most obvious route. Named after bank robber William Sutton, the rule applies to investors in that they should most often seek out low-hanging fruit first, before trying more obscure strategies. Interested? Listen in to learn more!

Highlights

• Who the biggest thief is
• How to know what the value of a business is
• Where should people put their money: In a savings account or a retirement savings account?
• What is stopping you from taking action
• Why Nelson believes that the use of a dividend-paying whole life insurance policy is a solution
• How you can win by default Episode Resources
• Becoming Your Own Banker by R. Nelson Nash
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Wade is joined again by a colleague and fellow IBC Practitioner, Nicole Tate, to continue their discussion (chapter by chapter) of Becoming Your Own Banker by R. Nelson Nash. In this episode, they tackle the human problem and Parkinson's Law. What is Parkinson's Law? Parkinson's Law is the old adage that work expands to fill the time allotted for its completion. Interested? Listen in to learn more!

Highlights

• The topics for today's episode
• How you can grow in your knowledge
• The four steps of solving a problem
• How control leads to freedom
• When you should start capitalizing on your banking system
• What stops many people from building wealth and creating something bigger and better
• What's the better approach to bringing luxury into your life
• Who Willie Sutton is and what Willie Sutton's law is all about Episode Resources
• Becoming Your Own Banker by R. Nelson Nash
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Wade is joined again by colleague and fellow IBC Practitioner, Nicole Tate. Listen in as they continue to discuss (chapter by chapter) Becoming Your Own Banker by R. Nelson Nash and in this episode, creating your own banking system through dividend paying life insurance.

Highlights

• How banks make money
• The reasons why you should create your own system through the dividend paying whole life insurance
• How you can start thinking like a business, not as a consumer
• Where big financial institutions are storing their liquid accessible cash
• What an insurance policy is and how can you benefit from it
• Who should be in control of your business
• How Albert the banker was able to become the largest landholder by taking control
• How infinite banking attracted Nicole
• The idea of infinite banking Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Wade and fellow IBC Practitioner, Nicole Tate continue their discussions (chapter by chapter) on Becoming Your Own Banker by R. Nelson Nash. In this episode, they unpack the details behind creating a bank like the ones you already know about.

Highlights

• What the topics for today's episode are
• Is banking a bad process?
• What makes Nicole's perspective about the topics interesting
• The reasons why people use bank and put their money there
• What you have to do in order to start with the process
• Whose money are you getting when you borrow money from a bank?
• Why people are doing hard money lending
• What the problems with banking are
• Wade and Nicole's takeaways from the lesson about banking Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Continuing from where they left off the last episode, Wade and fellow IBC Practitioner, Nicole Tate, carry on their discussions on Becoming Your Own Banker by R. Nelson Nash. In this episode, they continue to talk about "the problem" as well as using your imagination and thinking outside the box to know about more possibilities out there.

Highlights

• Using your imagination and thinking outside the box to know what possibilities are out there
• What the biggest problem is for investors
• What the process should be when paying back with money
• The process of changing your paradigm
• How learning to control your environment can be the most profitable thing you can do over a lifetime. Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Wade and fellow IBC Practitioner, Nicole Tate continue their discussions (chapter by chapter) on Becoming Your Own Banker by R. Nelson Nash. In this episode, they talk about "the problem", the things that hold us back, and the obstacles that keep us from doing the right things with our finances.

Highlights

• What excited Wade about the episode today
• Practitioners seeing the problems immediately before regular people can see them
• The first step when finding the solution for the problem
• Is cash the solution to all problems?
• What the process of banking is
• Where the real solution starts
• Banks as the gatekeeper of your money Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Wade is joined by colleague, fellow IBC Practitioner, President of Practical Wealth Solutions, and Host of The Practical Wealth Show Podcast, Curtis May. Curtis is part of the Prosperity Economics Movement (PEM) and is dedicated to breaking down each client's unique financial situation, so they can rebuild it to fit their ideal lifestyle. Don't miss this one!

Highlights

• Who Curtis May is
• How he got started
• What generational intergenerational wealth transfer is
• The three rules of investing
• Curtis' saving strategy surrounding insurances
• What the power of association is
• The most valuable operations to have in your arsenal
• Why getting certified is important Episode Resources
• Rich Dad Poor Dad
• The Richest Man In Babylon
• The Intelligent Investor
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Curtis May
• http://practicalwealthadvisors.com/
• https://practicalwealth.libsyn.com

Wade is joined again by colleague and fellow IBC Practitioner, Nicole Tate to talk about The Grocery Store less with BYOB. Someone must perform the function of the grocer!

Highlights

• The marketing strategy of banks in the past: Using toasters
• The story of how a restaurant was able to control the supply chain
• Why you should use cash in financing everything that you do
• The problem when it comes to understanding how money works
• How you can empower yourself to take control Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Nicole Tate
• [email protected]

The Infinite Banking Concept is an exercise in imagination, reason, logic, prophecy, AND IMAGINATION. Wade is joined again by a colleague and fellow IBC Practitioner, Nicole Tate to discuss (chapter by chapter) Becoming Your Own Banker by R. Nelson Nash.

Highlights

• The process of rethinking our thinking
• Is money a solution to solve a lot of problems?
• What everybody focuses on
• Understanding the process of banking
• Why do banks and financing institutions find a value in the dollar that has no interest-earning capabilities?
• Ways to get an interest in dollars Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]

Every journey has a beginning, so in this episode Wade is joined again by colleague and fellow IBC Practitioner, Nicole Tate to talk about how IBC got started.

Highlights

• How the infinite banking concept got started
• Having a root system
• Where Nelson's clarity came from
• What the context of today's economic situation is
• Paying interest for your own money
• If you owe someone money, there are strings attached
• The best long-term strategy for dividends payment according to Nelson
• The best place to put your money Episode Resources
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Nicole Tate
• [email protected]