In this episode, Nate Scott walks us through the types of investments that make sense to fund using Infinite Banking policies and those that may not be a good fit. He explains why investments that produce cash flow, like real estate, private lending, and business expansion, work well with IBC. On the other hand, long-term passive investments, such as retirement programs and stock market investments, may not be a perfect match for IBC. Nate also mentions the option of using policies to repay any debts and highlights the importance of understanding your financial goals before deciding how involv ..read more

In this episode, Nate breaks down the three main reasons why people who practice Infinite Banking end up with multiple policies. He explains what a MEC limit is, and what benefits you can get from insuring other people, like spouses, children, or even business partners.  Nate dives into how policies can be strategically used for different purposes, like covering taxes or supporting charitable causes. He ends the episode by emphasizing that the number of policies doesn't matter as much as the total amount of premium being contributed. Key Takeaways: 3 main reasons why people own multiple ..read more

In this episode, Nate debunks the idea that infinite banking is some magical arbitrage situation. He explains that infinite banking is about managing capital efficiently and using whole life insurance policies as a capital warehouse.  He breaks down the misconceptions surrounding arbitrage in infinite banking and emphasizes that borrowing from policies is not dependent on the policy's growth rate. Nate also highlights the potential for tax deductions when using policy loans for investments or business purposes.  He highly recommends taking the time to research and have a thorough und ..read more

Join Nate in this episode as he discusses the concept of family banking and reveals the three crucial steps to becoming a master family banker. Family banking involves keeping money within the family and mimicking the strategies used by wealthy families to create generational wealth. The first step is to store capital, which can be done through dividend-paying whole life insurance policies. The second step is to establish a loan underwriting process, ensuring that loans within the family are handled professionally. The third step is to seek out win-win scenarios, creating mutually beneficial d ..read more

In this episode of “Dollars and Nonsense”, Nate Scott challenges Dave Ramsey's advice on money and retirement. Nate shares his own personal journey and struggles with the pursuit of financial security, highlighting the pitfalls of hoarding money and seeking it as the ultimate source of fulfillment. By delving into biblical principles, Nate offers listeners a fresh perspective on wealth and security, urging them to build lives they don't have to retire from and to prioritize God's will over serving money.   Key Takeaways: Unbiblical Pursuit of Security: Hoarding money and seeking it ..read more

In this episode, Nate Scott unveils the blueprint for establishing and nurturing generational wealth. He stresses the importance of adopting a mindset focused on long-term wealth over retirement. Nate explains the need to acquire evergreen assets that can endure for generations, such as farmland, real estate, and businesses.  He also explores the significance of trusts in estate planning and advocates for the family office model. Nate suggests leveraging life insurance to create liquidity and facilitate the growth of generational wealth. He then ties these strategies back to biblical prin ..read more

Join Nate Scott in this episode as he tackles the burning question: Is infinite banking the right fit for you? He delves into the nuances of infinite banking, stressing that it's not a one-size-fits-all solution. And encourages listeners to explore their financial paths, whether it's the traditional retirement route or the more hands-on, entrepreneurial approach.  Nate also highlights the flexibility of infinite banking, reassuring people that they don't have to go all-in to reap its benefits. By the end, you'll have a clearer understanding of where you stand on the financial spectrum and ..read more

Tune in to this Dollars and Nonsense episode to discover how Nate Scott leverages infinite banking and the “empire over retire” philosophy to build wealth, achieve financial freedom, and create a life of purpose and fulfillment. Nate also does an in-depth explanation of the idea of barbell investing and how he leverages his policies to invest in asymmetrical opportunities. He shares personal examples of barbell deals he has created, such as investing in a friend's business and partnering in the land flipping industry.  Key Takeaways: How to Get Real Results with Infinite Banking: Nate e ..read more

Join us in this week’s episode, as Nate Scott explores the concept of "infinite banking", what it is and why it works. Beyond being a financial strategy, infinite banking encourages individuals to rethink their approach to money, transforming it from a passive asset into an active tool that can be strategically leveraged to build wealth, ensure financial security, and leave a lasting legacy.  The premise of infinite banking is based on the belief that mutual life insurance companies and banks have a similar business model, but mutual life insurance companies exist to benefit policyholders ..read more

In this enlightening episode, Nate Scott unveils the Augusta Rule, a powerful tax strategy that can save homeowners and business owners significant money. Discover how this legitimate tax loophole allows homeowners to rent out their properties for up to 14 days a year without paying taxes on the rental income.  Nate shares insights into how business owners can leverage the Augusta Rule to their advantage by renting their personal residences to their corporations and deducting the rental payments as legitimate business expenses. Key Takeaways: Understanding the Augusta Rule: Nate introdu ..read more