In this episode, we discussed the advanced life insurance strategies that the wealthy have been using for years. Whole life insurance is one of the most commonly used assets for high net worth individuals, from executive-level compensation packages to transferring large estates. We wrap up by discussing how the infinite banking concept is the one strategy that can be utilized by anyone, regardless of their economic position. ~ Access our Masterclass FREE to podcast listeners here: https://living...
Jan 03, 2022•27 min•Season 1Ep. 135
In this episode, we discuss how focusing on the rate of return can be very misleading. We'll also share how using the infinite banking process can help you make more money on every investment opportunity that comes your way. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e134 Topics Discussed: What rate of return is often abused by people offering investments ...
Dec 20, 2021•25 min•Season 1Ep. 134
In this episode, we discuss the economic fact that you finance everything you buy, even when you pay cash. We also demonstrate how you can profit from everything you purchase using the same strategy and tools of some of the wealthiest people in recent history. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e133 Topics Discussed: A fundamental tenant and Infini...
Dec 06, 2021•25 min•Season 1Ep. 133
In this episode, we discuss how dividend-paying whole life insurance policies grow and why they are the only tool in the financial world that allows you to become your own banker. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e132 Topics Discussed: Changes the IRS is making to dividend-paying mutual whole life insurance that may will impact you Why no other f...
Nov 22, 2021•31 min•Season 1Ep. 132
This episode discusses the new changes to the IRS rules on designing life insurance policies and how those changes impact the infinite banking concept. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e131 Topics Discussed: Basics of IRS code as it relates to whole life insurance The goal of IBC Using is life insurance policies with mutual paying companies A bri...
Nov 08, 2021•25 min•Ep. 131
In this episode, we discuss one of the most commonly asked infinite banking questions. When should I use my policy to pay for something, and when should I use cash? ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e130 Topics Discussed: Should I borrow from my whole life insurance policy or use cash? Can I borrow from my whole life insurance policy? What it mean...
Oct 26, 2021•27 min•Season 1Ep. 130
One of the most common questions we receive from our clients is what happens if I can't pay my premium? In this episode, we review and explain the different ways a policy can pay for itself and what options make the most sense depending on your circumstances. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e129 Topics Discussed: How long do you normally want to...
Oct 11, 2021•22 min•Season 1Ep. 129
In this episode, we discuss how you can determine whether or not it makes sense for you to invest in a 401k. This speaks to the more common question people have of, "What should I be doing with my money?" Not everyone is the same or in the same place. So, it can make sense for some people to put money in it, whereas other people should really steer clear from it. Today, we provide simple ways to make the best investment decision for you and your family. ~ Access our Masterclass FREE to podcast l...
Sep 27, 2021•25 min•Season 1Ep. 128
In this episode, we discuss the five human natures that limit our ability to succeed financially. These impact us when it comes to the Infinite Banking Concept especially. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e127 Topics Discussed: How Nelson Nash described the five human natured holdings you back Understanding Parkinson's Law how expenses tend to ri...
Sep 13, 2021•32 min•Season 1Ep. 127
In this episode, we provide answers to the most common objections we hear from people that are investigating the Infinite Banking Concept. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e126 Topics Discussed: The only question that's a dumb question is the one you don't ask Comparing rates of return and common misunderstandings What it means to keep your money...
Aug 30, 2021•28 min•Season 1Ep. 126
In this episode, we interview Ray Poteet, the founder of Living Wealth. He joins us to discuss what the best practitioners of Infinite Banking do, and compare that to the clients who are not maximizing IBC. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e125 Topics Discussed: Why regular communication with a trusted guide is paramount to success Keeping money ...
Aug 16, 2021•34 min•Season 1Ep. 125
In this episode, we discuss how you can avoid the three most common mistakes people make when practicing the Infinite Banking Concept. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e124 Topics Discussed: How to avoid infinite banking concept mistakes The mindsets that must change to achieve financial success How to see opportunities when they present themselv...
Aug 02, 2021•31 min•Season 1Ep. 124
In this episode, discuss how the default option in almost every area of life is the most expensive. We also share how you can get yourself out of the herd to avoid the slaughterhouse. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e123 Topics Discussed: Why the default choice options are usually the most expensive Probate example -- when spending $3,000 today ...
Jul 19, 2021•26 min•Season 1Ep. 123
In this episode, we discuss the power of certainty in your finances. We also share how to identify and limit the external factors seeking to destroy your future. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e122 Topics Discussed: Seeking out the opportunities to invest What financial certainty really looks like How simply knowing the rules yields fast result...
Jul 05, 2021•29 min•Season 1Ep. 122
In this episode, we discuss financial risk. Most of us are aware that certain investments are riskier than others, but what do we mean when we say that? Are there different kinds of risks, and how do you know what types you should take? ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e121 Topics Discussed: Understanding how financial risk assessment is personal...
Jun 21, 2021•31 min•Season 1Ep. 121
In this episode, we discuss how the current political environment is flashing warning signals of inflation. We'll also share how the infinite banking concept can protect you from the harmful effects of inflation, be it transitory hyperinflation or long-term. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e120 Topics Discussed: Current events and monetary polic...
Jun 07, 2021•22 min•Season 1Ep. 120
In this episode, we discuss the age-old personal finance question, "Should I buy more assets, or should I pay off debt?" Navigating and answering this question is especially vital within the Infinite Banking system. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e119 Topics Discussed: The advantages and disadvantages of paying everything off The advantages and...
May 24, 2021•27 min•Season 1Ep. 119
This episode turns the tables on some of the most common misconceptions about infinite banking and whole life insurance promoted by many ignorant financial gurus. Chief among them is the claim in the news that if you received the COVID-19 vaccine, it would void your death benefit because it's an experimental drug. We'll share the truth direct from the industry and what you must need to know. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get re...
May 10, 2021•27 min•Season 1Ep. 118
In this episode, we discuss the unseen power of infinite banking to transform lives and how you can't put all the benefits of IBC on a spreadsheet. DESCRIPTION ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e117 Topics Discussed: What happens first when you finally start to take control of your finances A quick discussion on the benefits shown through analytic...
Apr 26, 2021•23 min•Season 1Ep. 117
In this episode, we discuss the most common advanced questions we receive from our existing clients and others that already have experience with infinite banking. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e116 Topics Discussed: Now that I have a policy, what do I do next? What do most people use their policies for and what can I use it for? When does it m...
Apr 12, 2021•32 min•Season 1Ep. 116
In this episode, we answer the most common questions we receive from individuals who are just starting out on their infinite banking journey. These are the wonderful beginner questions nearly everyone has. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e115 Topics Discussed: What fuels and grows the policies? Understanding compounding interest? How do policy l...
Mar 29, 2021•35 min•Season 1Ep. 115
In this episode, we discuss the ton of misconceptions that banks want you to believe about mortgages and interest rates. We'll share what you ought to be doing instead. Get instant access to our FREE How to Really Make Your Home Mortgage Work For You presentation here now: https://livingwealth.com/mortgage/ ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e114 To...
Mar 15, 2021•28 min•Season 1Ep. 114
In this episode, we discuss what we can all learn about the right ways and the wrong ways to build sustainable wealth in light of the recent GameStop fiasco. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e113 The GameStop stock price has been on a tear, going wild for the past couple of weeks, increasing value by orders of magnitude. It was all based on a Redd...
Mar 01, 2021•24 min•Season 1Ep. 113
In this episode, we will discuss the best ways for you to introduce your family and friends to the infinite banking concept. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e112 Topics Discussed: Why the IBC concept can be hard to grasp at first blush Personal stories from the hosts How to start slow, simple, and staying out of the confusing weeds When being to...
Feb 15, 2021•28 min•Season 1Ep. 112
In this episode, we discuss the reasons why you should not be deferring taxes into the future due to the current tax and political environment. We also share how you can avoid paying too much in tax to the Internal Revenue Service. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e111 Topics Discussed: The implications of a changing political climate and party co...
Feb 01, 2021•34 min•Season 1Ep. 111
We discuss the concept of self-insurance often peddled by many self-proclaimed financial gurus. We'll also share how the economic value of certainty can improve the quality of your life. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e110 Topics Discussed: Dave Ramsey, Susie Orman, and others peddling self-insurance Concept overview Problem one with the concept...
Jan 18, 2021•19 min•Season 1Ep. 110
How to use policy loans is one of the most common questions we receive. This includes why someone would even want to take a policy loan and pay interest. At first blush, it may seem counter-intuitive when trying to build wealth. So, in today's episode, we discuss how policy loans work. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e109 Topics Discussed: What ...
Jan 04, 2021•24 min•Season 1Ep. 109
In this episode, we answer common questions about modified endowment contracts. What are they? How do they apply to infinite banking policies? Does it ever make sense to own a policy that is classified as a modified endowment contract? ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation For free transcripts and resources, please visit https://livingwealth.com/e108/ Then if you've been around the neighborhood of infinite banking, you've probably heard t...
Dec 21, 2020•21 min•Season 1Ep. 108
In this episode, Holly and Nate discuss the three keys to being successful at infinite banking. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e107 Topics Discussed: What it means to not fear capitalization The biggest mistakes people make with capitalization How far can capitalization really go What it means to make your money move and work multiple jobs Using...
Dec 07, 2020•22 min•Season 1Ep. 107
In this episode, we welcome back special guest Ray Poteet. Together, we'll take you beyond the numbers of infinite banking and share some personal testimonies of what infinite banking has allowed us to do that we would not have been able to do or experience without our policies. ~ Access our Masterclass FREE to podcast listeners here: https://livingwealth.com/secretbanking/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e### Topics Discussed: When you mov...
Nov 23, 2020•20 min•Season 1Ep. 106
