Dollars And Nonsense

e discuss the danger of letting your emotions dominate your decisions. We also share how you can learn to start with your head, not with your heart. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e55

We discuss the impact opportunity cost has on your money. Plus, we'll share how you can avoid missing out on the wealth caused by idle or misused dollars. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e54

We discuss the best investment you can make and how infinite banking can help you become a better investor. Tune in to this episode of the podcast and find out now. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e53

We discuss the dangerous pitfalls of trying to use Universal Life Insurance to act as a bank. Plus, we explain why Participating Whole Life Insurance as your IBC banking tool is far superior. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e52

E51: Three Concealed Bank Myths Costing You Money Find out about the three most common bank myths costing you money. Changing the way you think about banking can put thousands of dollars in your pocket. Today, we're talking about how to build your own bank and some of the issues with banking. You see, the way that most of us treat it costs us money and we don't even know it. If you change the way, you think we believe you can make a lot more money because banking is probably rather inefficient for most people. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e51

Get the three biggest rules you should follow to be successful financially. Learn the most significant principles and structure to follow for building real wealth. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e50 Having structure is very important in most areas of life. If you want to be successful with your family, if you're going to be successful at your work, you want to be successful at getting in shape, your best results will come from picking a sound system and sticking with it. Our mission is to help people break the bonds of financial slavery. That's why we are so passionate about sharing. These rules will benefit the vast majority of people in real money terms. They will also impact your emotional and spiritual life in substantial ways. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e50  

In this episode, we discuss what Ron Paul calls, "The biggest financial bubble in the history of mankind," and how you can survive the next financial disaster. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e49 This bubble is built on the fact that the U.S. debt to spending ration is completely out of balance. Basically, we're not doing anything to reduce our debt, but we also just keep spending, and spending, and spending. The U.S. debt to spending ration is more than merely bad budgeting, though. It also impacts the stock market. Most of us would probably agree that the market is overpriced right now. It's inflated, it's a bubble as they would say. Even though most of us have this feeling that, "Okay, it's true that markets go up, they go down. Ride them out and up, then it crashes, then you ride it back up." Most of us are aware that it's been 10 years since the last major crash, the last major correction. That's a long time in the world of stock markets continue wi

We discuss when it makes sense to stop paying premiums towards your whole life policy when you're using it as a banking tool. We'll also share why you'll probably have to change your perspective on the word "premium" if you want to be successful at IBC. The trouble comes in when people viewer their whole life insurance policy as just another insurance. If I make a $500 payment towards car insurance, home insurance, and different things, we all know I have less money the next day. I'm poorer now. But IBC is actually a different type of premium payment. The money doesn't vanish into someone else's pocket. We need to change the way we see these premiums from adding into the payment side of the budget to the asset side of the budget. Then you get to see what happens when you pay the premiums. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e48

We discuss the mental barriers that prevent your financial success. And we'll share the things that you need to do to create a proper financial strategic vision instead of just counting on hope and fantasy to take you where you want to go. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e47 Mental barriers are insidious and elusive. Often, it takes someone else to point them out to you. And these roadblocks could be a great hindrance when it comes to your wealth creation. Join us as we break down the walls and rebuild workable solutions.  

The 401(k) match is probably the most common tool used by Americans today as they try to save for the future. But is it right for you? In this episode, we will discuss the many questions to ask yourself to decide if it is a good fit for you. Your home may need a new home. ~ Get resources and transcripts here: https://livingwealth.com/e46/ People ask us almost every day what they should I do with their 401(k). The answer is not a black or white. It requires asking critical questions that will help you make the right decision for your circumstances. There are several inherent problems with the 401(k). However, the main redeeming factor in them is the employer match. But most of the people we've spoken with on a daily basis are only doing this because everybody else is doing it. And they don't know what else to do. The truth is this: Most people know little to nothing about what's going on with the money inside their 401(k). Questions to Ask about 401(k): Why are you doing the 401(k) and is it something you gen

In this episode, we discuss how you can avoid going bankrupt paying for college. ~ Get resources and transcripts here: https://livingwealth.com/e45/ There are a ton of questions parents ask themselves when thinking about paying for their child's college tuition. What are some things we can avoid when we send our kids to college? How do we pay for this and not go bankrupt in the process? And merely to send them to med school, it can cost up to $2.6 million in some situations. This is putting your kid through college, med school, and specialty. Now that doesn't mean you will have all that debt, but they're going to graduate with a lot of debt.  It is possible in the world we live in today to have this kind of debt when they graduate. And we as parents want nothing more than to have our kids succeed, be successful, and to pursue those dreams they want to do. But at what cost? Every year it's getting more and more and more expensive. ~ Paying for College Without Going Broke Topics Discussed: The ever-growing cos

In this episode, we discuss the importance of defining financial freedom for yourself, so you know the exact steps you need to take to get there. ~ Get the discount code, resources, and transcripts here: https://livingwealth.com/e44/ We're often asked, "How do I actually be financially free and what does that mean?" The simple truth is this: financial freedom can mean different things to different people. And we often try to put ourselves in a box by judging ourselves against what somebody else is doing. But that's their definition of what being financially free is. By using someone else's interpretation, we're not building a roadmap that meets our personal needs. The answer is to not try to fit your dreams into other people's expectations, or just try to model it after somebody else. Because we believe that if you know what you're striving for, it's way easier to backtrack and see what steps you have to take. So the real question we should be asking ourselves is this: What is financial freedom mean to you? T

In this episode, we discuss how businesses can use the Infinite Banking concept to solve their need for capital, potentially lower their taxes, and even lower employee churn. ~ Get the discount code, resources, and transcripts here: https://livingwealth.com/e43/ A quick disclaimer: This is going be tailored towards business owners. And it is going to be more tailored to the concept that we teach here at Living Wealth: Infinite Banking, maybe even more so than we have in the past. If you're not a business owner, there will be a lot of valuable information for you also. And if this is one of the first episodes you've listened to, you may want to go back and review a couple of the past episodes because this one is gonna be more detailed and in-depth; it might go right past you if you don't. Make Infinite Banking Concept Work in Your Business Topics Discussed: The capital benefit of using IBC in your business Replacing traditional capital forms Growing polices in a business over time Using IBC to lower a busines

We discuss why it is so important to make your money do multiple jobs at the same time. In other words: Make your money work for you. If you're thinking that you have far too little to show for all the work you've done over the years, maybe it's time to have your money pick up the load and start doing the work for you. ~ Get the discount code, resources, and transcripts here: https://livingwealth.com/e42/ Making Your Money Do Multiple Jobs Topics Discussed: Leveraging real estate Assets that do more than sit Using Infinite Banking Mixing policies and real estate Going well beyond death benefits Recapturing charitable giving in a beneficial and meaningful way Keeping more tax dollars and putting them to work The counterintuitive way to work with debt that really works What is lifestyle banking Earning money on college tuition ~ Get the discount code, resources, and transcripts here: https://livingwealth.com/e42/  

In this episode, we're joined once again by Rabbi Daniel Lapin. He enlightens us on the biggest retirement myths, the biblical implications, and what leaving a legacy really means. ~ Get the discount code, resources, and transcripts here: https://livingwealth.com/e41/ Retirement Myths and Legacy Topics Discussed: * Does the bible mention retirement * Why there isn't a Hebrew word for retirement * The retirement myth and misfocus * Re-engineering your career to find enthusiasm for what you do * Is Rabbi Lapin against volunteering * Finding balance by living in the past, present, and future * What leaving a legacy really means * Planning for your children's children's future * Leaving your Legacy in trusted hands ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e41/

In this episode, we sit down with Rabbi Daniel Lapin. He enlightens us on the spiritual nature of money and the tragedy of resentment. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e40 Rabbi Daniel Lapin is the author of Thou Shall Prosper and Business Secrets from the Bible, among many other works. He is the President of The American Alliance of Jews and Christians and is an exceptionally gifted communicator. He reaches out to both Jews and Christians with Biblical money principles and ancient Jewish wisdom, mainly in regards to finance and business. And he has become one of America's most compelling and persuasive voices in defense of what he calls "Ethical Capitalism."   Topics Discussed: Does God want you to be rich? What is money The case for the spiritual nature of money The instincts that hold people back The tragedy of resentment Defining spiritual and why it's important Rabbi's most useful pet of all, a chimpanzee The interplay of trust, faith, and money Why

In this episode, we will discuss the three biggest whole life insurance myths so you can clearly see how whole life insurance could work for you. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e39/ We try to reveal some things, common myths, common outside-the-box thinking strategies to help you. And probably the most important one to us is this thing called the infinite banking concept, how become your own banker. And it uses this tool, whole life insurance, in a way that most everyone, including myself, including Holly, would have had no idea that whole life insurance could work this way. One of the things that we've certainly found is there are a lot of myths floating around. And these are certainly prohibiting people, due to things they've heard in the past, from even opening up to this new concept and on how to use this tool. Whole Life Insurance Myths Discussed: Is Whole Life too expensive? Rethinking how to use a policy today and secure tomorrow Payment Mentali

In this episode, we discuss the differences between Austrian economics and Keynesian economics. And will explain how you can use infinite banking to break free from the money manipulation of the Federal Reserve. ~ Get a Free Copy of The Tree of Wealth by reviewing this podcast here: https://livingwealth.com/review/ ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e38/ In episode 36, we covered hyperinflation, cryptocurrencies, infinite banking, and how all of them go hand in hand. And we talked a little bit about economics. Today, we're going to go deeper into Keynesian economics and  Austrian economics. Which ones better? Which one presents the greatest benefit for you and society as a whole? And we'll even examine how infinite banking applies on a grander scale of economics. Economics, Federal Reserve Money Manipulation, and Infinite Banking: Keynesian economics Austrian economics When a dollar isn't necessarily a dollar The Gold Standard Nelson Nash and the creation

In this episode, we will discuss the power of using your imagination with your money. And we will deep dive on outside the box thinking that almost always produces better results than doing what everyone else is doing. ~ Get show notes and resources here: https://livingwealth.com/e37/ This is a topic that rings true for us and our podcast. You see, there are reasons why like outside the box: Typically, things inside the box don't always produce success. And using the average strategies and tactics will end up netting you status quo finances. As the tagline of the show states, if you follow the heard you will be slaughtered. The average person goes along with what the crowd is doing without question. And they don't put much thought into it. They relinquish their control to an idea that it will all work out in the end. It has to; everyone else is doing it, after all. We challenge those beliefs and arm you with the knowledge to question conventional wisdom today. Financial Outside The Box Thinking Topics Cov

In this episode, we discuss the effects of hyperinflation on Infinite Banking policies. We also dive into the rise of cryptocurrencies and how you can remain flexible to navigate the issues that are on the horizon. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e36/ Hyperinflation, in a nutshell, is when a country's currency becomes devalued. And people lose trust in the money, consequently. We've seen hyperinflation in the US to a certain extent back in the 1980's. But we've never experienced anything like what took place in Zimbabwe here in the US. Some other countries, like Zimbabwe and the Weimar Republic, experienced hyperinflation to extreme levels. These are instances where the peoples of those countries were forced to carry around millions of dollars to fill up their cars with gas, sometimes trillions of dollars to do anything. So this is an almost foreign to us. The problem starts when a government decides to print more money. That's the number one cause of i