In today’s episode, I will discuss how to reclaim the banking function in your own personal and family economy through the Infinite Banking Concept. Nelson Nash, the author of Becoming Your Own Banker, said that every person should be in two businesses, the business that you are currently in and the banking business. Wealthy families think like a bank, act like a bank and become their own bank.
In this episode, I talk about how to implement the Infinite Banking Concept and the benefits, advantages and guarantees of the strategy based on dividend-paying whole life insurance.
771: Mikkel Thorup: How To Secure Your New Life Abroad Through A Plan B
My guest in this episode is Mikkel Thorup. Mikkel is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments including international real estate, timber plantations, agricultural land and other hard-money tangible assets.…
770: Mike Fallat: How To Multiply Your Business With The Million Dollar Book
My guest in this episode is Mike Fallat. Mike is the author of many business-related books. He has a goal of helping 1,000 entrepreneurs publish books and teaching them how to use their books as a gateway to generating 7-figures. His company, Dreamstarters Publishing, offers ghostwriting, cover design, automated funnels, and book fulfillment. They have…
769: Steven Bowles: Advanced Family Office Strategies
My guest in this episode is Steven Bowles. Steven founded Catalyst Advisory to take the experience he gained by working in a family office advisory firm and apply the best practices learned there to other families under an independent umbrella. Catalyst works with the best insurance professionals, wealth management firms, and trusted advisors to solve…
This is one of the best lectures I’ve heard so far on this subject which is somewhat counterintuitive. Thank you so much M.C. for putting this together. There were a couple tidbits I hadn’t understood before like the idea that a policy loan actually comes out from the whole mutual company rather than just your personal policy. I’m so glad to have gotten started with this and I look forward to using it as a financial center of my life in the coming years.
I think I would give people this podcast as a very good starting point.