Episode

430

BYOB Book Review Part 8 | The Entity in Becoming Your Own Banker by Nelson Nash

What's this episode all about?

If you're going to be a banker, you must have a bank. But what sort of bank should you set up? In this episode, Russ and Joey discuss the different insurance policies, how they are structured, and which one you must choose if you want to implement IBC. It is not enough that you put your money into whatever type of policy your agent tells you. Take action and educate yourself so you can avoid losing your money to things you don't understand.

Top 3 Things
You’ll Learn

  1. The different types of insurance policies
  2. Which is more expensive - term life policy or whole life policy?
  3. The importance of making sure your policy is set up the correct way if you're going to use it for IBC

About

R. Nelson Nash

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook

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