Episode 45: The 5 Rules of Infinite Banking according to Nelson Nash
Manage episode 350182815 series 3308339
With almost a year in the books and so many concepts covered, it’s easy to lose sight of the basics.
In this week’s episode, the guys are going back to basics and reviewing Nash’s 5 Principles as outlined in his groundbreaking book “Becoming Your Own Banker”. Dave and Paul break down each principle, what they mean and how they are relevant in terms of managing your policy today, tomorrow and years in the future.
Be sure to tune in to today’s episode - it’s a great refresher for newbies and grizzled vets alike!
Episode Outline:
(0:00) - Introduction
(0:290 - Beginning of the episode
(3:15) - Listener question
(7:42) - An overview of Nash’s 5 Principles
(9:56) - First Principle: Re-think your thinking
(11:45) - Second Principle: Think long-range
(18:50) - Third Principle: Don’t be afraid to capitalize
(22:16) - Fourth Principles: Don’t steal the peas
(25:04) - Fifth Principle: Don’t do business with banks
(26:20) - Discussion about inflation, monetary policy
(30:25) - Episode wrap-up
Is IBC for you? Use this link to schedule and intro call with us:
https://calendly.com/dave-743/wealth-warehouse-intro-call
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email:
davidandpaul@theibcguys.com
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