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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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Mar 26, 2024

In this episode of “Dollars and Nonsense”, Nate Scott challenges Dave Ramsey's advice on money and retirement. Nate shares his own personal journey and struggles with the pursuit of financial security, highlighting the pitfalls of hoarding money and seeking it as the ultimate source of fulfillment.

By delving into biblical principles, Nate offers listeners a fresh perspective on wealth and security, urging them to build lives they don't have to retire from and to prioritize God's will over serving money.  

Key Takeaways:

  • Unbiblical Pursuit of Security: Hoarding money and seeking it as a means of security is unbiblical and unfulfilling.

  • Building a Life You Don't Have to Retire From: Nate advocates for prioritizing lifestyles that don't necessitate retirement, challenging the traditional notion of saving for the future.

  • Avoiding Rationalizations: Nate warns against justifying the love of money with religious reasoning, emphasizing the importance of discernment in financial matters.

  • True Fulfillment in Seeking God's Will: Nate underscores the ultimate source of security and fulfillment in aligning one's life with God's will, rather than serving money.

Episode Resources:

Gain FREE access to our Infinite Banking Course here 

What is Infinite Banking

Who was Nelson Nash?

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