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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: December, 2020
E108: What You Need to Know About Modified Endowment Contracts 0
Dec 21, 2020

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 the term MEC or modified endowment contract. You might be wondering, what this means. In this episode, we deep dive and share all you need to know.

Topics Discussed:

  • What modified endowment contracts are exactly
  • What MEC has to do with Taxes
  • How they fit into your overall policy construction and strategies
  • Does the policy really grow tax-free
  • When a MEC must be created to do its job for you
  • When it makes sense to implement a Modified Endowment Contracts
  • When it makes sense to NOT implement a Modified Endowment Contracts

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/

 

E107: Three Keys That Will Make You Successful With Infinite Banking 0
Dec 7, 2020

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 the two pockets metaphor correctly
  • How to seek opportunities for investment and keep money moving

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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