
In this episode, we're so grateful to talk about a process created by R. Nelson Nash, called the Infinite Banking Concept. We break down all five steps that the Nelson Nash Institute describe to create tailwinds in our financial lives. We finance everything in life, regardless of if we get a loan or pay cash. If we pay cash, we lose the future interest that our money would have made if it were left in our investments, and did not interrupt the compounding effect. The Infinite Banking Concept is gaining major traction in the financial world, although some of the old school "Financial Gurus" still think it's a scam. If you keep an open mind, and dig into the research behind it, you might just find a way to multiply your wealth!If you like what you hear, do us a favor and subscribe to the channel. We'd love to hear from you. Leave us a comment down below. Want to connect? Visit us at https://wealthwithoutstress.com/contact/Books to Read:Becoming Your Own Banker - R. Nelson Nash https://a.co/d/7Dmql3uThe Richest Man in Babylon - George S. Clason https://a.co/d/3r9ZaN000:00 - Introduction02:00 - What's the Infinite Banking Concept?05:55 - Using Policy Loans on Our Own Terms11:20 - Why Use a Whole Life Policy?15:55 - Headwinds and Tailwinds18:50 - Accessing Cash22:50 - The Process of Infinite BankingDisclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.