The archaic system of giving up money today, taking on risk, and hoping to retire is B.S. This podcast seeks to help make you responsible for your money and your future. You are the one who cares more about it than anyone else. I am here to help you and provide the honesty you need. No sugar coating. No false claims. Just straight up truth.
Some troll requested the "truth about my product." So here it is, the real truth behind whole life insurance and why it is the better option for your financial future. Audio Production by Podsworth Media - https://podsworth.com
11/29/24 • 14:14
Today we tackle the common misconceptions about being uninsurable or too old to participate in the infinite banking concept. Learn how you can still leverage cash flow management and the infinite banking strategy regardless of age or insurability. Audio Production by Podsworth Media - https://podsworth.com
11/22/24 • 13:33
Dive into Nelson Nash’s 'Becoming Your Own Banker' as we discuss the infinite banking concept, clarify misconceptions, and review key ideas from the introduction. Audio Production by Podsworth Media - https://podsworth.com
11/15/24 • 09:48
We are continuing to explore the misconceptions about Infinite Banking and Whole Life policies. Learn about the flexibility of premiums, tax benefits, and the importance of knowledgeable advisors. Discover how to navigate misinformation and find reputable agents to make informed financial decisions. Audio Production by Podsworth Media - https://podsworth.com
11/8/24 • 18:55
Today, we are exploring 5 misconceptions surrounding the Infinite Banking Concept. Learn why it's essential to use your imagination, reason, logic, and due diligence to manage money more effectively. Audio Production by Podsworth Media - https://podsworth.com
10/31/24 • 14:45
Today we are having a passionate conversation about the pitfalls of Universal Life and why Whole Life is the ONLY choice if you want a policy structured for infinite banking. Audio Production by Podsworth Media - https://podsworth.com
10/24/24 • 11:36
Today we are talking about the real reasons behind the obscurity of IBC, understanding the significance of controlling your finances, and navigating through the abundance of financial misinformation. Audio Production by Podsworth Media - https://podsworth.com
10/17/24 • 15:24
Imagination is crucial for understanding and utilizing the Infinite Banking Concept effectively. Learn why it's essential to break free from traditional financial thinking and how you can apply this concept to various areas of life. Audio Production by Podsworth Media - https://podsworth.com
10/10/24 • 11:26
The best tool for IBC is a dividend paying whole life policy with a mutual company. Today I'm talking about what that all means, how it works, and why it's important for taking control of the banking function in your life. Audio Production by Podsworth Media - https://podsworth.com
10/4/24 • 13:37
We are discussing who ultimately bears the burden of business costs and taxes, using examples such as the North Dakota property tax measure and potential tariffs on John Deere. Let's talk about how businesses typically pass these costs to consumers and the broader implications of such economic policies. Audio Production by Podsworth Media - https://podsworth.com
9/26/24 • 16:07
After reading Becoming Your Own Banker, people want to self-insure for their autos. As I understand what Nelson was saying, I don't necessarily agree, considering today's prices of new vehicles and the cost to repair. This fits in the right situation, but you need to make sure it's actually the right situation. Audio Production by Podsworth Media - https://podsworth.com
9/19/24 • 09:49
Many think they understand IBC and then ask questions that indicate they have missed then entire concept. Let's talk about what this means. Audio Production by Podsworth Media - https://podsworth.com
9/12/24 • 11:02
What if I gave you a dollar in exchange for .50 cents, income tax free? Would you go grow quarters? This is exactly what the life insurance company does when you buy death benefit, and yet so many folks do not understand. Leave generational wealth for your family, use it to help with lost income from care, etc. The ideas are infinite. Audio Production by Podsworth Media - https://podsworth.com
9/5/24 • 12:18
We love the idea of having control of our money and not answering to the bank, but we then end up not knowing what to do. When you become the banker, you have to make your own payback terms; you have to put on your banker hat. When you sign your policy documents, you have, at that moment, become a business owner of a bank! Get ready: you have all the control. Audio Production by Podsworth Media - https://podsworth.com
8/30/24 • 09:37
Stop spreading yourself so thin just because you can do it all. Your business will run smoother and you'll make more money when you focus. Audio Production by Podsworth Media - https://podsworth.com
8/22/24 • 14:39
IBC provides the solutions for needing liquidity, control, and guarantees. That is not provided in a traditional banking setting. Audio Production by Podsworth Media - https://podsworth.com
8/15/24 • 12:29
It boils down to liquidity, control, and guarantees. While the market fell hard this week, it proves IBC is the answer for those three things. The concept is far more important to understand the problem so you can understand the solution. Audio Production by Podsworth Media - https://podsworth.com
8/8/24 • 21:54
What do you pay first if you can't afford both? Well, that depends on many things! Hang in there with me on this podcast; it can get a bit confusing. Audio Production by Podsworth Media - https://podsworth.com
8/1/24 • 11:42
Don't always get your feelings hurt when the bank says no. Sit back, look at why they are doing that, and use it to your advantage. They may just be saving your butt. Audio Production by Podsworth Media - https://podsworth.com
7/26/24 • 12:26
Always be prepared to have cashflow or low debt in the good times. Things always change, and you don't want to be in a situation where you are caught owing money and have no cashflow coming in. Audio Production by Podsworth Media - https://podsworth.com
7/18/24 • 12:18
Be careful when asking others for their opinions when you are an expert on a matter. Knowledge is one thing if it's gained from due diligence; it's another when it's repeated without good sources. Audio Production by Podsworth Media - https://podsworth.com
7/11/24 • 13:40
Justin is using IBC and his life insurance policy like crazy! Listen in and learn how to use your policy and move forward with cash-flow-generating ideas. Audio Production by Podsworth Media - https://podsworth.com
7/5/24 • 26:14
In this episode, we are discussing the misconceptions around term insurance and its value as a short-term death benefit solution. I explain different types of term insurance, highlighting their benefits and when they might be suitable. While term insurance is not a long-term solution like whole life insurance, it is important to maintain some form of coverage to protect your financial future. Tune in to learn how to understand and utilize the benefits of term insurance effectively. Audio Production by Podsworth Media - https://podsworth.com
6/27/24 • 13:20
Here we are again... Dave and I agree, but he seems to be talking out of both sides of his mouth. Finally, he has addressed putting money into things you know, but why then is he talking about putting money into IRA's and 401k's when you don't know those things? Audio Production by Podsworth Media - https://podsworth.com
6/20/24 • 15:07
Have you put money into your business and paid it back? If you are putting a capital investment into a business, you better pay that back to yourself and figure in your time per hour. Without doing this, you are not looking at real numbers for profit and expenses on the business side. Audio Production by Podsworth Media - https://podsworth.com
6/13/24 • 12:22
Wealthion had a great podcast interview that I sum up here as best I can. The moral is, the gov't created a "solution" that is now creating a problem for which they can create another "solution". The opt-out 401k option is not actually helping but could hurt the market, depending on employment rates. Take a listen; there is a lot here. Audio Production by Podsworth Media - https://podsworth.com
6/6/24 • 17:15
Every one of us is a salesperson to some extent, yet so many folks are up in arms over people selling them something. Listen in and challenge your thought process. Audio Production by Podsworth Media - https://podsworth.com
5/30/24 • 16:32
It's about that time of year where parents have college coming up to pay for. Student loans are a joke, and parents are being stuck with the bill. Society has said, pay cash for your kids and never have them pay you back. There are better ways, and you as the parent need to stop using your retirement to pay for the kids' college. Audio Production by Podsworth Media - https://podsworth.com
5/23/24 • 10:49
I stay away from the news for a reason, but I figured I'd take a listen this week, and now I'm mad. We are supposed to lose jobs in order to stop spending and get back to where the gov't thinks we should be. The thought process around this is absurd! Audio Production by Podsworth Media - https://podsworth.com
5/16/24 • 16:28
Why is it that so many of us forget so quickly that we lost money in a market fall? As soon as that rate of return increases, we relax and believe all is good in the world again. Why are we not paying attention and remembering what happened to our money just a year ago!? Audio Production by Podsworth Media - https://podsworth.com
5/9/24 • 12:30
