Podcasts

Start Building Your Own Banking System – BYOB #24

In this episode, Mike and Chris dive into Nelsons chapter titled 'How to Start Building Your Own Banking System.' Part of Nelson's brilliance is how he can bring high level economics down to the you and me level. This chapter is no different.…

Create the Entity – Part 4 BYOB #23

In the wrap up of the Create the Entity section, Mike and Chris discuss Universal and Variable Life in relationship to Infinite Banking. They talk about how Nelson felt about those products and the reasons why he had those opinions. Enjoy! …

Creating the Entity – Part 3 BYOB #22

Becoming Your Own Banker, Podcast

In the third part of Creating the Entity, Mike and Chris expand upon Nelson's idea of having multiple policies to accomplish the long term goals of Infinite Banking. They also reiterate how Whole Life Insurance is misclassified. Pay close attention…

Interview with Mike Everett

#tbt, Podcast

Chris interviews Mike Everett in the first of our team interviews. We cover the gamut and think you'll enjoy this #tbt post! Mike Everett Interview. Transcript Chris Bay: Welcome to the Life Success Legacy Podcast. My name…

Creating the Entity Part 2 – BYOB #21

Becoming Your Own Banker, Podcast

Mike and Chris pick up right where they left off and continue to the ins and outs of creating the entity. Nelson spends time explaining the classification of Whole Life, which he contends should have been called a 'banking system with a death…

Creating the Entity – Part 1 BYOB #20

Becoming Your Own Banker, Podcast

This next section will be a multi-part podcast on the idea of Creating the Entity. Mike and Chris take a dive into the world of Life Insurance Actuaries... yeah, we know you're riveted. However, this is critical to understand, if we are to understand…

Is IBC A Scam?

#tbt, Podcast

In this #tbt podcast we review the question that we get all the time; is Infinite Banking a scam. The original podcast was released in February of 2018, and honestly, the question probably gets asked more now than back then. We all get so caught…

Happy Birthday Nelson

Podcast

This week would have been Nelson Nash's 90th birthday and in this episode Mike and Chris pay homage to the man that impacted their lives so much. In fact, we know he left his mark on thousands of people. We hope you enjoy this short tribute…

Whole Life Insurance is bad, right?

#tbt, Podcast

In this #tbt podcast, Mike and Chris dive into something we hear all the time, that whole life insurance is a bad place to store your money. In fact, I bet you've either said it yourself, or heard someone make the claim. However, this is the…

Use It or Lose It – BYOB#19

Becoming Your Own Banker, Podcast

Nelson wrapped up the Human Problems section with a one page chapter on the topic of Use It or Lose It. Mike and Chris venture down into the main principle, EVA, or Economic Value Added. Which is the "recognition of the fact that your own capital…

Is Infinite Banking Sustainable

#tbt, Podcast

This weeks #tbt podcast was originally released January 4th, 2018. The sustainability of Infinite Banking has very little to do with the concept itself, but is a question about the insurance industry itself. I believe this question is rooted…

The Arrival Syndrome – BYOB #18

Becoming Your Own Banker, Podcast

Nelson states, "This phenomenon probable limited the achievements of mankind more than anything else. When this 'thing' infects us, we stop growing, stop learning. We turn off or tune out the ability to receive inspiration -- because we 'already…

Is IBC Too Good To Be True?

#tbt, Podcast

In this #tbt post, Mike and Chris talk through a question we get all the time. Is Infinite Banking too good to be true? Honestly it's a question most of us have asked too! Take a listen to this podcast, and we feel you will be pleasantly surprised…

Why haven’t I heard about Infinite Banking?

#tbt, Podcast

In this #tbt episode Mike and Chris break down the reasons so many of us have never heard of Infinite Banking. Mike separates it into three main points: 1. Nelson didn't write Becoming Your Own Banker until 2000. 2. There aren't enough IBC practitioners.…

The Golden Rule – BYOB #17

Becoming Your Own Banker, Podcast

"Those who have the gold make the rules" - Nelson Nash. This episode of our book walk through Becoming Your Own Banker continues to reveal more truths about money. Mike and Chris unwrap The Golden Rule principle, and wow is there a lot…

IBC Policy Design Part 2

#tbt, Podcast

In this #tbt we wrap up the Policy Design discussion by going into the details of what Nelson discovered. So many of us buy life insurance for just the death benefit and never think of the possibilities that lie within that contract. Mike continues…