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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: July, 2022
Jul 25, 2022

In this episode, we answer the question, "what is the best insurance company to use when practicing 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/e149

Topics Discussed:

  • The variables to consider for an optimal outcome
  • How to judge and why to be wary of biases
  • Understanding what's really important during the decision-making process
  • Why do policy options change so often
  • How to read the A rating group tea leaves
  • What to look for and know about the importance of illustrations
  • How to compare policy illustrations objectively
  • Knowing how not to be misdirected by dividend rates
  • Is it ok to have multiple policies with multiple companies?
  • Judging the PUA flexibility and what that means to you

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/

Jul 11, 2022

In this episode, we discussed the difference between owning a life insurance policy and being your own banker.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e148

Topics Discussed:

  • Why merely buying a policy alone is not practicing Infinite Banking
  • How nearly everyone is already in banking -- even if they don't know it yet
  • Why understanding which business you are really in is so important
  • Why Nelson Nash said everyone is in two businesses
  • Thinking strategically in addition to tactically about wealth building
  • How being your own banker impacts real estate investing
  • Using IBC for investment diversification

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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