You’ve read Nelson Nash’s Becoming Your Own Banker or listened to previous episodes of this podcast where I’ve shared some of the most important ideas and information from his timeless book.
And now you’re thinking becoming your own banker might be something you should do. So now what?
How do you do it? Why would you want to? What’s involved to get it going?
Don’t worry! In today’s podcast I’ll help you with all of those questions. I’ll also share how the whole life insurance companies make their money so you can have confidence your new banking system won’t be built on shaky ground.
Listen now!
Show highlights include:
- Why failing to understand opportunity cost is keeping you broke. (1:34)
- A little-known magazine article, from 1993, that reveals the key big business used to turbocharge their profits. And it can unlock wealth for you too. (2:18)
- The first places you should look if you can’t find the money to start a whole life policy. (3:58)
- Actuaries, rate makers, and lawyers are all involved in putting together an insurance policy. Here’s what they do and why they’re actually necessary. (6:15)
- Does smoking “wacky weed” result in wacky rates? Why occasional marijuana use doesn’t always affect your insurance premium. (6:22)
- How whole life companies make enough money to consistently honor their contracts. (8:50)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
