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Dollars and Nonsense

Dollars and Nonsense focuses on helping individuals and families find financial freedom by leveraging the Infinite Banking Concept. The podcast delivers real-world tips, tricks, and techniques for anyone wanting to take their wealth to the next level. We do all this through the hosts sharing their vast knowledge and sitting down with experts. Plus, the show is for the average person—you don’t have to be a financial expert or an economics professor to get a metric ton out of every episode. We extract priceless resources and action steps for you and deliver them in a 30-minute bi-monthly show. Learn more about the show by visiting https://livingwealth.com/podcast/ Infinite banking is a financial strategy, sometimes called IBC, or the infinite banking concept, that allows you to control your savings and debt needs, helping you become your own banker, in essence. It was formalized by finance expert R. Nelson Nash in the early 1980s. But its roots go back much further.
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Now displaying: April, 2020
Apr 27, 2020

Do you believe that retirement programs are excellent tax shelters? We will discuss the three most significant issues with how retirement programs are taxed and how you can save yourself from overpaying Uncle Sam.

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e91

~ Receive your free copy of The Tree of Wealth here:

https://livingwealth.com/freedom

Here we are in April--tax season for most. It's a dreaded time for all of us. At this time, we start getting tax advice from our accountants, from internet sources, or from just being a member of the sheep just going in one direction.

Today we're going to discuss why people are funding retirement programs with the belief there are certain tax benefits to doing so. But a lot of times, that's just a mirage that's hiding the facts. That fact is this: we might be setting ourselves up to actually pay more in tax than we otherwise should have paid!

Topics Discussed:

  • What accounts are saying
  • Misinterpreting tax deferment for tax savings
  • The sneaky way 401Ks and IRAs hide taxes from you
  • What really happens when you go into retirement with taxes
  • Are taxes going up or down in the future?
  • The costs of retirement and maintaining your lifestyle
  • The impact of taxation on your heirs

Episode Resources:

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

* 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/

Apr 13, 2020

In this episode, we bring back the founder of Living Wealth, Ray Poteet, to share how the process of infinite banking has allowed him to recoup money that he lost from an investment that went south and how he is using that money today.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e90

Topics Discussed:

  • Why Ray is back in the market for the first time in nearly two decades
  • The shape of things to come for the markets and society
  • What's happening to 401Ks and Roth IRAs
  • Using IB for investments
  • Building layers of insulation and systems that pay no matter what

Episode Resources:

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

* 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/

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