E253: Joey Mure
Dollars and Nonsense
In this episode, I interview my good friend Joey Mure from Wealth Without Wall Street, a very well-known and well-loved infinite banking company and podcast show. Enjoy! --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking Resources 📒 =========================== Want to become your own banker...
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E252: Shane Tiffany
Dollars and Nonsense
In this episode, I interview big brother Shane Tiffany, a great friend and AVID fellow IBC-er. We discuss our IBC journey together! TUNE IN AND ENJOY! --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking Resources 📒 =========================== Want to become your own banker and build a solid...
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E251: Base vs. PUA
Dollars and Nonsense
In this episode, I talk about one of the most common questions that we get at Living Wealth, especially recently: the difference between base premium and PUA premium. --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking Resources 📒 =========================== Want to become your own banker...
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E250: Larry Jessup
Dollars and Nonsense
In this episode, I interview my grandfather Larry Jessup about his life over the last 85 years. Grandpa is a hard-working successful entrepreneur, an actor, business owner, and a faithful disciple of the Lord Jesus. I credit my walk with the Lord largely to the influence of my grandfather, and my relationship with him is a deep, central part of who I am. I hope you enjoy this episode with him! --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and...
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E249: Ray Poteet, December 2018
Dollars and Nonsense
In this episode Michael Duryea provides a brief update on the podcast, and we re-air a podcast episode with the one and only Ray Poteet talking about infinite banking! This episode with Ray as special guest was originally aired in December of 2018. --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking...
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E248: Re-airing Ray Poteet!
Dollars and Nonsense
In this episode Michael Duryea provides a brief update on the podcast, and we re-air a podcast episode with the one and only Ray Poteet talking about infinite banking! This episode with Ray as special guest was originally aired in February of 2018. --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking...
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E247: The Nate Scott Finale!
Dollars and Nonsense
In this podcast, Nate and Michael discuss Nate's final 3 takeaways he wants to leave the audience with as he steps down from podcast. --- Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking Resources 📒 =========================== Want to become your own banker and build a solid financial...
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E246: Two Biggest Hangups for IBCers
Dollars and Nonsense
Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking Resources 📒 =========================== Want to become your own banker and build a solid financial strategy? Check out our FREE Infinite Banking Foundations course: =========================== Subscribe and Listen to...
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E245: Infinite Banking as a Platform
Dollars and Nonsense
Stuck in traditional banking systems and feel like there's no better way? Most people never question the banking structure they use every day. Discover how to create your own banking system and leverage the six principles of infinite banking to revolutionize your financial strategy and secure your future. 📒Free Infinite Banking Resources 📒 =========================== Want to become your own banker and build a solid financial strategy? Check out our FREE Infinite Banking Foundations course: =========================== Subscribe and Listen to...
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📣BIG NEWS: Living Wealth Welcomes New President
Dollars and Nonsense
After much prayer and consideration, Nate Scott is stepping down as president to follow his calling in ministry. Michael Duryea will take over as President of Living Wealth, continuing our mission. While transitions can be challenging, we are confident that God's hand is in this. Living Wealth remains committed to serving our clients and community, driven by the same values and dedication as always. As we navigate this change, we ask for your support and understanding. We believe the future is bright and filled with potential, and we're excited to see where this new chapter...
info_outlineJoin Nate in this episode as he discusses the concept of family banking and reveals the three crucial steps to becoming a master family banker. Family banking involves keeping money within the family and mimicking the strategies used by wealthy families to create generational wealth.
The first step is to store capital, which can be done through dividend-paying whole life insurance policies. The second step is to establish a loan underwriting process, ensuring that loans within the family are handled professionally. The third step is to seek out win-win scenarios, creating mutually beneficial deals for both the family banker and the borrower. Family banking offers the opportunity to build wealth and keep money within the family for future generations.
Key Takeaways:
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Family banking involves keeping money within the family and mimicking the strategies used by wealthy families to create generational wealth.
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The first step to becoming a master family banker is to store capital, which can be done through dividend-paying whole life insurance policies.
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The second step is to establish a loan underwriting process, ensuring that loans within the family are handled professionally.
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The third step is to seek out win-win scenarios, creating mutually beneficial deals for both the family banker and the borrower.
Episode Resources:
Gain FREE access to our Infinite Banking Course here