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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
Oct 3, 2023

Building wealth starts with having a solid foundation. In today's episode, we dive into the three biggest mistakes people make when reviewing policy illustrations for Infinite Banking.

By avoiding faulty thinking, you can ensure illustrations serve their true purpose: An educational tool to understand how policies work.

Learn the right mindset so you don’t get distracted by hypothetical numbers. Discover what illustrations can and can’t tell you about a policy’s future performance. Get the clarity you need to fully grasp this wealth-building strategy before seeing projections.

Tune in to gain the knowledge critical for turning life insurance into your own banking system.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

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

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e203

IBC Illustration Mistakes Topics Discussed:

  • Sidestep mistakes: Learn the 3 biggest mistakes that sabotage your infinite banking success

  • Get perspective: Avoid the faulty thinking that derails your policy illustrations

  • Reveal truth: Discover what illustrations can and can't reveal about future performance

  • Decode scales: Get clarity on how dividend scales actually work

  • See snapshots: Find out why policy projections are just a snapshot, not a crystal ball

  • Control factors: Understand how interest rates impact your policy beyond anyone's control

  • Gain the right mindset: Learn the proper perspective so you don’t get distracted by hypothetical numbers

  • Judge wisely: See why you can’t judge success on whether projections came true

  • Reveal purpose: Grasp the real purpose of illustrations in infinite banking

  • Match your goals: Determine if building your own banking system aligns with your goals

  • Gain knowledge: Find out the critical knowledge you need before ever viewing a policy

  • Achieve clarity: Gain the clarity required to turn life insurance into your own banking

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