Episode description
Episode description
Brent Kessler is a financial expert who credits much of his success to the book "Becoming Your Own Banker" by R. Nelson Nash. He highly recommends this book for anyone looking to build, keep, and create wealth, as it contains valuable insights from wealthy individuals and successful entrepreneurs, such as the Rockefellers, the Morgans, and Ray Kroc. Brent's own financial journey has been transformed by the principles outlined in this book, and he is passionate about sharing these lessons with others through his website and speaking engagements. Whether it's through his own experiences or the wisdom found in "Becoming Your Own Banker," Brent aims to empower others to take control of their financial futures.
Connect with Brent Kessler: https://themoneymultiplier.com/
Topics & BulletsThe Money Multiplier Method and Whole Life Insurance
- Origin and impact of the Money Multiplier Method from the "infinite banking concept" by R. Nelson Nash
- Utilization of whole life insurance policies for wealth accumulation and leveraging cash value for investments
- Brent Kessler's personal experience of using the concept to pay off debt
- Designing life insurance policies for high cash value and immediate access to cash value
Using Wealthy Tools to Build and Create Wealth
- Advocacy for using a whole life insurance policy as a financial tool without changing cash flow, working harder, or taking additional risks
- Difference in how ordinary individuals and the super wealthy use financial tools
- Offering free webinars, podcasts, and live events to explain the concept
Personal Development and Mentality
- Importance of due diligence and seeking information from involved or impacted individuals for financial decisions
- Book recommendations and the importance of reading about Austrian economics
- Seeking mentorship and teaching children to pursue a path of greater success
- Desire to achieve wealth-building success and recognizing the importance of money in life
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