Due to several listener requests, we further breakdown the conditions and logistics of juvenile policies. Whether you are a parent or a grandparent, this gift may be the most significant one most children will ever receive. It may not look like it to them now, though their gratitude and appreciation for it will grow as it grows. "If you owned a banking system, wouldn't you want to run all of your business through your bank? If this is so, then life insurance premiums paid each year should ultimately equal annual income. This can't be done immediately. It will take the average person about twenty years to reach this level. If this message is taught to succeeding generations, then a perpetual banking system can be acheived." -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

The traditional financial model espouses saving/investing for many years, and then depleting that nest egg for the last few decades of ones life. It's hardly a system of generational growing wealth, and often fails to last long enough for the first generation. Join Doug & John as they discuss how even one policy can be used across multiple generations and provide true utility over many many decades.  "Please notice that I did not say ‘retirement income’—- I’m dropping that word from my vocabulary. Passive income is money that comes in every year and you don’t have to do anything to receive it. In fact, you can’t do anything about —- it just appears" -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Compound interest can work for anybody at any age, but the longer the time horizon, the better. There is no better time to get an insurance policy than when someone enters this world. Premium payments required to acheive a large death benefit are low, passive income is assured, insurability is locked in, most underwriting requirements are avoided, and most importantly it allows a substantial tax free build up of cash that can be used for decades to come. Join Doug & John as they discuss just how powerful child policies really are. "As each generation becomes grandparents, they buy life insurance on their grandchildren. If the message is passed on to each child-bearing generation- as they become grandparents then you can create the same effect as the "even distribution of age classes" in the growing trees, but it is far more profitable and certain as to the results." -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Applications, justification, income verification, qualification, etc.... These are some of the many steps we have accepted we must take when getting a loan from someone else. It's a laborious process that's not within our control. What if there was a better way to access capital? Come join Doug and John to find out how!  “What is an unstructured loan? It is basically an open ended loan arrangement. It is open ended because of the time and frequency of repayment is not defined. There is no set time of repayment. This means that you can pay it back whenever you want, and if you have enough collateral capacity to absorb the loan, you may never have to repay the loan or the interest. (Very) few people can obtain (an unstructured loan unless you have) access to loans from friends without terms, or available from your life insurance company if you own a permanent life, insurance contract.“ - Brian Bloom - Confessions of a CPA, The Truth About Life Insurance.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

To repeat an old adage- the best time to buy life insurance was 20 years ago. The second best time is now. The time value of money coupled with the power of compounding means that age is always the most powerful predictor of policy performance over the long term. However, there are other factors at play at a Macro level that play a role. Insurance companies rely on safe assets to generate yield on their capital, and therefore, are greatly affected by interest rates. The last few decades have seen historically low interest rates, and declining dividend rates by insurance companies. We are now at a turning point in this environment, and are starting to see companies either hold, or slightly increase their annual dividend crediting rates. While we certainly can't predict the future, we postulate that now is likely to be a very good time to own whole life insurance. “At the end of the year, the Life Insurance company makes an accounting of the experience of that year of the death claims paid, the earnings on premiums collected, and the expenses of running the company. A dividend is declared which is actually a return to the policy owner of surplus premium that as collected. Hence, it is not an earning and, therefore, is not taxable. When that dividend is then used to buy additional paid-up insurance at cost, then the result is a continuous compounding of an ever-increasing base.”  -R. Nelson Nash, Becoming Your Own Banker- Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

If you've listened to any of our previous episodes, you'll know that one of the major aspects that makes IBC so powerful is leverage. Leverage is traditionally viewed as a scary thing that irresponsible risk taking investors use. We would argue that the contractual leverage provided by a dividend paying whole life insurance policy is one of the safest financial tools one can have at their disposal. An life insurance policy is unique in that every year your leveragable capacity grows exponentially faster than the year before as you pay premiums and as policy dividends are paid out and reinvested as paid up additions. This is different from a HELOC or traditional line of credit.  Join Doug and John as they talk about the importance of growing you collateral capacity.  “Many of the people that I work with have a large amount of cash value, permanent life insurance on themselves, and on key family members, and they don’t know how to use it. There will be many times during your career or in your personal life that you will need a cash cushion, and the cash value of life insurance will serve that purpose! A qualified advisor will show you how to structure the policy and once you have the money in the policy, it will become the lifeblood of your financial portfolio, while eliminating the need for many of the other buckets you were told you needed in the past. This one bucket will do the work of several, and it will give you liquidity, use, and control of your money.”  -Bryan Bloom, Confessions of a CPA….Why what I was taught to be true has turned out not to be.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Do you like paying taxes? Neither do we.   Come listen as Doug and John discuss this chapter in the book "Becoming your own banker" and learn how they only pay taxes once. Learn how you can protect your hard earned money from unkown future tax burdens, changes, additions, etc...  "Economic problems are best solved by people freely contracting with one another and with government limited to the function of enforcing those contracts. And the best way to do so is through the magnificent idea of dividend paying whole life insurance! It has been around for over 200 years. It has stood the test of time. It is not compulsory. It is not a government sponsored idea. It preceded the income tax idea by a long time. It is private property!" -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

"Get a 4 year degree and you're set for life!" This the advice that has permeated America for the better part of the last 60 years. We find that many people are getting degrees for the sake of getting a degree, or for getting the "college experience" rather than actually going to learn a meaningful skillset. In this episode we examine the chapter "A different look at the monetary value of a college degree" from the book "Becoming your own Banker". We think our listeners will be interested in this unique perspective on the true opportunity cost of a college degree for those that don't have a specific calling.   "So, in evaluating just the financial benefits of the college degree at a cost of $80,000 vs putting that same $80,000 into a high premium whole lifeinsurance, I dont believe the degree is as valuable. As a matter of fact, the probability of the college educated person ever learning the benefits of "banking though the use of whole life insurance is not very good. He will be exposed to some professor teaching him that "whole life insurance is a very poorr place to put money." It will take a lot of effort to get this notion out of his head, because "unlearning" is more difficult than learning. I think that Professor Rotfield might explain it, "He has been trained instead of having learned to think. please remember that I am not against higher education. To the contrary, I believe it should be a life-long activity. But observation leads me to conclude that we have a lof of people in America with degrees- but not many of them are educated?" -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Save via sponsored retirement plans until you're 65 and then take out 4% a year! That is the standard advice we see everywhere these days. In theory, if the base of capital were static (i.e. not volatile), that work. However, the "savings" instruments used in these plans are actually investment vehicles such as stocks and bonds, and as such, they are not static, and can be quite volatile. As it turns out, the amount that can be taken out each year is drastically affected by the movement of those underlying investments, and the order in which those returns is sequenced, can drastically alter the outcome of a financial plan.   "When government creates a problem (read onerous taxation) and then turns around and creates an exception to the problem they created (read tax sheltered retirement plans, etc.) aren't you just a little bit suspicious that you are being manipulated?" -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

The premium deposit fund rider is not commonly discussed, but is an excellent (free) rider with most insurance companies. Discover how you can store money for excess premiums with the insurance company & earn a return!  "Banking is a process, not a product!" -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

At this point our listeneres should be well aware of the advantages of using whole life insurance as the medium to practice the Infinite Banking Concept. These benefits can be supercharged for the business owner. All businesses require financing to be succesful. Would you rather rely on the bank, or control that banking aspect yourself? Join Doug and John to discover the innumerable benefits of implementing IBC for business owners!  "Everyone should be in two businesses- the one in which you make your living and the other should be the banking business that finances whatever you do for a living. Of the two businesses, banking is the most important. Businesses come and go, but banking is eternal." -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Infinite Banking aside, Doug & John are going to take a look at the merits of whole life insurance to see if it would be suitable as a bond replacement for financial and retirement portfolios. We speak with people who are less inclined towards practicing IBC, but still have a great deal of interest in whole life insurance. Does this mean creating a policy for them makes any less sense? Absolutely not!  "If you knew, at passive income time, that you would be getting back everything that you paid into a system- tax free- would you object to putting more money in it?" -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

We get this question/objection a lot. This comes from a fundamental misunderstanding of Whole Life insurance as a product. Many of our listeners may understand this already, but for those who don't, we'd like to explain to you the relationship between cash value and death benefit.   "Suspend the list of the many benefits of whole life insurance over and above those of real estate for a moment. Now, as you make premium payments and mortgage payments, respectively, you are building ever-increasing “cash value” and ‘home equity’, respectively. Upon death or the attained policy completion age (i.e. 121 years old), the insurance company pays the beneficiary (ies) the full “face value” or full market value of the life insurance policy. Similarly, if the homeowner sells the RE property, they receive the current market value- in other words, what the market will bear. The home equity portion that was available is built into the home’s sale price. Similarly, upon the payout of the insurance benefit, the insurance cash value (like the home equity) is built into the full face value. They are part and parcel to the whole in both examples.” John Fox Ward   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

What if we told you that most people don't know why they do what they do? For some people this may be obvious, but the majority are woefully unaware of what drives their thoughts and actions. Join Doug and John for a dive into the mechanics behind the ways our brains are programmed to operate from a very early age and why this is critical to overcome when creating a lifetime financial strategy. "Somehow or another, it never dawns on most financial gurus, that you (can)control the financial environment in which you operate. Whatever the cause, learning to control it is (the most profitable) thing you can do over a lifetime". -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

We often have clients that run this strategy by their accountants or financial planners- we typically get some odd feedback that demonstrates a complete and fundamental lack of understanding of whole life insurance as a product.  This generally doesn't come from a place of malice, but simply from lack of understanding. We're often successful at educating those professionals and seeing a switch in their attitude toward the product as a valuable addition to their client's financial plan.  "The Infinite Banking Concept is a major paradigm shift for most folks. it will require a several thorough readings for a full understanding of its message. The concept is not complicated, it is just different from the way the majority thinks and behaves. In fact, it is the ultimate in simplicity". -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

If we were to say that someone "financed" a purchase, almost everybody would picture filling out paperwork at the car dealership, an application online somewhere, or going down to the bank. Would you be surprised to learn that those people disciplined to save up cash for a purchase are also financing that purchase? Come join us to find out why! This is the "very first principle" in the book Becoming your Own Banker, and is critical to understand for anyone wanting to incorporate IBC into their financial strategy. "IThe very first principle that must be understood is that you finance everything you buy–you either pay interest to someone else or you give up the interest you could have earned otherwise.". -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

We've mentioned it many times on the show so far- mutual insurance companies are likely the safest, least leveraged, most financially well managed companies on the planet. By necessity. They are in the business of managing financial risk across of the span of decades, or even more than a century. Although we've mentioned this many times, we wanted to delve into this further for our listeners and provide some examples of just how ready these companies are to weather any storms to come, known or unknown.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

On the surface, an IUL seems like it could be a good fit for the Infinite Banking process. It's often classified as a "permanent" life insurance product, it has accessible cash value which can be collateralized via policy loans, and it might even grow more quickly than a tradtional whole life product!  Come join us as we lay out the basics of how IUL's work, and then present an informed opinion as to whether they're the ideal choice of financial vehicle for someone looking to begin practicing the Infinite Banking Concept. "I never sold one of those policies - and I would never buy one. I do not recommend its use for the Infinite Banking Concept.". -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Paying cash for big ticket items is the epitome of the American dream, right? While satisying, and indicative of great financial discipline, it leaves the payor with a depleted pool of capital and largely places them in no better a position than someone who finances items from a financial institution. Come join us as we discuss the pros and cons of paying cash vs. borrowing, and delve into the merits of using a banking system capitalized within a whole life insurance policy to finance our lives.  "This is the essence of what the Infinite Banking Concept is all about- recovering the interest that one normally pays to some banking institution and then lending it to others so that the policy owner makes what a banking institution does". -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com

Thank you to our listener Lucas for asking us to spend some time looking at how we both have used our policies, and how our mindset has changed since implementing the IBC. Join Doug & John for a dive into how their policies are improving both their lives, and those of their clients on a daily basis.  "There is no such thing as "having too much money in the bank." Wealth must reside somewhere. What better place to have it reside than here. -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.   Connect with Doug MacKenze: Website: Control Capital Solutions Email: dmackenzie@controlcapitalsolutions.com   Connect with john Fox Ward: Website: Nash Cashflow - The Nash CashFlow Group Email: John@nashcashflow.com