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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: August, 2023
Aug 29, 2023

In this episode, join Nate as he delves into the four cons of practicing Infinite Banking. Get ready to explore the less-discussed aspects of this strategy and gain a well-rounded understanding of its potential challenges. 

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e198

~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.

Topics discussed in this episode:

  • Understand that there is absolutely no financial strategy that is the best financial strategy
  • Explore why the Infinite Banking Concept starts slowly and may involve higher costs at first
  • Unveil the fact that the Infinite Banking Concept can be initially confusing and the best strategies to overcome confusion
  • Why it is hard to be independent when practicing the Infinite Banking Concept
  • Learn that everything in the financial world requires some level of discipline in order to be successful

Episode Resources:

 

Aug 22, 2023

In this episode, join Nate as he tackles a common question from Infinite Banking Concept clients: "Should I prioritize higher premiums or paying down policy loan balances?" Delve into this crucial topic to uncover your financial journey's optimal strategy and focus.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e197

~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.

Topics discussed in this episode:

  • Discover the difference between policy loan repayments and premiums that you fund
  • Learn the two different stages of life: the growth stage and the distribution/consolidation stage
  • Explore factors that influence the choice between increasing premiums or reducing policy loan debts
  • Uncover strategies for striking the right balance between premiums and policy loan balances to align with your financial objectives
  • Understand how your unique financial situation and goals can guide your decision-making process
  • Learn how your decisions can impact the effectiveness of your whole Infinite Banking Concept strategy

Episode Resources:

 

Aug 15, 2023

In this episode, join Nate as he unveils a strategy that shifts you from playing a finite game with your finances to embracing an infinite game. He also shares how to build a lasting empire that transcends generations and secures your financial legacy.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e196

~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.

Topics discussed in this episode:

  • Discover strategies for creating a financial empire that stands the test of time and benefits future generations
    Understand the critical differences between finite and infinite financial strategies and their long-term implications
    Learn how to adopt an infinite game mindset that can help you leave a legacy of financial security and prosperity
    How to shift your perspective on retirement by turning your career into an infinite game
    Explore the infinite game and how it can guide your financial decisions with a focus on sustained growth

Episode Resources:

 

Aug 8, 2023

In this episode, Nate discusses the five characteristics of whole life insurance that are unique in finance. Combining these five characteristics lets you see why whole life is uniquely positioned to help you build wealth by becoming your own banker.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e195

~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.

Topics discussed in this episode:

  • Discover how these five traits of whole life combine to create a powerful tool that empowers you to become your own banker and build lasting wealth
  • Understand how whole life insurance serves as a robust safety net, providing financial protection for you and your loved ones
  • Learn why the rate of return of the policy is very important in the world of Infinite Banking
  • Find out how whole life insurance empowers you to take control of your financial future and make informed decisions
  • Answer why having death benefit from day one of the policy allows you to build a legacy
  • Explore the tax benefits of whole life insurance, offering potential tax-free growth and withdrawals

Episode Resources:

 

Aug 1, 2023

In this episode, join Nate as he reveals the three things he cherished most during the first 10 years of his journey with the Infinite Banking Concept. Prepare to be inspired by the invaluable lessons and experiences that have transformed his financial life and discover how it can empower you on your financial path.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e194 

~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.

Topics discussed in this episode: 

  • Gain insights from Nate’s experiences and learn from the successes and challenges encountered over the past decade 
  • Discover how Infinite Banking can revolutionize your approach to finances and pave the way to financial freedom
  • What is a capital mindset, and why is it essential to see your life through it when practicing Infinite Banking Concept
  • How can you make all your policies produce a positive cashflow
  • Why the details of insurance bog down the core idea of the Infinite Banking Concept

Episode Resources:

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