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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: Page 1
Sep 28, 2020

This episode explains the difference between direct recognition and non-direct recognition policy loans and how they impact your policy as you practice 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/e102

There are many misconceptions out there in the debate over direct versus non-direct recognition. We're here to share the truth to help you make a better decision regarding your infinite banking policy.

A quick forewarning to all listeners: this isn't a good starter episode if you are relatively new to this podcast or infinite banking. We'd suggest starting with one of the more general episodes. We're going to tackle a particular subject that is deep in the weeds.

Topics Discussed:

  • What is direct recognition and non-direct recognition policy loans
  • Mutual life insurance
  • The big myths and why they're dead wrong
  • What Nelson Nate really thought about the two options
  • Is one better than the other
  • Which one is right when
  • Which one is right when in a strategy of stacked policies
  • What actually matters when determining whether or not a policy is right for 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/

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