Understanding The Infinite Banking Concept

In part two of Creating Your Own Banking System, we continue unpacking this dense chapter and helping you get the most out of all that Nelson is trying to teach us! The post Create Your Own Banking System Pt.2 – BYOB #10 appeared first on Life Success Legacy.

In this #tbt we are reposting our second podcast titled The Four Pillars of Infinite Banking. We are adding the transcript as well, just as an extra way to dive into the content. Let us know what you think by adding a comment to the page! Chris Bay:Welcome to the Life Success & Legacy podcast. […] The post IBC’s Four Pillars appeared first on Life Success Legacy.

In this episode we begin discussing a very packed chapter of Nelson’s Becoming Your Own Banker… How to actually create your own banking system. This first part we touch on the idea that you finance everything you buy. Listen to what Nelson was getting at. The post Create Your Own Banking System – BYOB #9 appeared first on Life Success Legacy.

In this episode Mike and Chris unpack Nelson’s chapter on creating a bank like the ones we already know. What does that even mean? How can we create a bank like the ones on the street corners? Take a listen and find out. It may just surprise you to find out how simple the process […] The post Creating a bank like the ones we already know – BYOB #8 appeared first on Life Success Legacy.

In this podcast Mike and Chris discuss the problem from Nelson’s Becoming Your Own Banker. This can be a pivotal moment in the understanding of Infinite Banking. We all struggle with ‘the problem’, but as Mike and Nelson have said, “Do you want to get better?” Take a deep dive, we think you’ll enjoy it! The post The Problem – BYOB #7 appeared first on Life Success Legacy.

In this episode of the Becoming Your Own Banker book walk, Mike and Chris discuss one of Nelson’s most important concepts, The Grocery Store. Pay close attention, this one is packed with a ton of information! The post The Grocery Store – BYOB #6 appeared first on Life Success Legacy.

In this episode, Mike and Chris dive into one of Nelson’s most simple, yet complicated concepts; imagination. We can all get stuck in our old way of thinking and we must remember that the Infinite Banking Concept is, as Nelson would say, only limited by your imagination! Please enjoy this episode! The post Imagination – BYOB #5 appeared first on Life Success Legacy.

In this episode Mike and Chris tackle Page 12 of Nelson’s Becoming Your Own Banker which is aptly named ‘How the Infinite Banking Concept got started’. Chris immediately points out one of Nelson’s often used phrases, “Hardship often helps us to see things to which we are normally blind.” This introduction to the birth of […] The post How the Infinite Banking Concept Started – BYOB #4 appeared first on Life Success Legacy.

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In this episode, Mike and Chris dive into the first official section of Nelson’s Becoming Your Own Banker titled, very fittingly, Becoming Your Own Banker. Ha! Unpacking this portion of the book is very important in understanding how Nelson chose to frame the conversation about Infinite Banking right from the beginning. Take a listen, we […] The post Becoming Your Own Banker – Part 3 appeared first on Life Success Legacy.

In this second episode of our Becoming Your Own Banker walk-through, Chris and Mike finish up the very first section of the book. We spent extra time on this part, as we feel Nelson put a lot of gems in these first few pages of his book. We want to pay respect to his legacy […] The post Becoming Your Own Banker Intro – Part 2 appeared first on Life Success Legacy.

In this episode Mike and Chris start a new journey. We are going to be taking a deep dive into Nelson Nash’s Becoming Your Own Banker, and we start with page 1! Our goal is to honor the book as well as Nelson himself. By taking the years of experience that Mike and Chris have, […] The post Diving into Becoming Your Own Banker – Intro appeared first on Life Success Legacy.

In this episode Chris has the great opportunity to chat with Michael Hon! They discuss everything from Michael’s entrepreneurial background, his coming of age story, and even a little Infinite Banking! Please take a listen and make sure to check out all the things Mr Hon has been leaving his awesome mark on. Key Life […] The post Interview with Michael Hon appeared first on Life Success Legacy.

In this episode Chris and Mike discuss the Convertible Term policy. What it is and if it’s even good! Take a listen and see if and how a properly structured Convertible Term policy could fit into your life insurance portfolio! The post Convertible Term – What is it? Is it good? appeared first on Life Success Legacy.

In this episode Chris and Mike discuss life insurance premiums… Are they just another bill, or could you consider them a deposit into your own banking system? Listen to what Chris and Mike think and how that can be applied to your lives! If you would like to learn more, please contact us today! The post Premiums – Bill or Deposit? appeared first on Life Success Legacy.

In this episode Chris and Mike answer one of our most commonly asked Boot Camp 2 questions. What if I get denied? How does the underwriting process and possible denial of coverage affect your Infinite Banking plan? Can you ever reapply for coverage? Listen to hear how Chris and Mike answer and see if it’s […] The post What if I get denied? appeared first on Life Success Legacy.

In this episode, Chris dives into the idea of ‘culture’ with Frank and Rachel who know a lot about it. Why? Well, that’s what they do! For a living… Tune in and see why this idea of culture is so important to not only your workplace, but also to those you may interact with in […] The post Interview with the Keck’s Part 2 appeared first on Life Success Legacy.

Are you ready? In this episode, Chris interviews Frank and Rachel Keck and it’s awesome. They are longtime friends with the Bay’s and their excitement for Infinite Banking is real. This high energy interview is full of great info and we hope you enjoy it! The post Interview with the Kecks appeared first on Life Success Legacy.

In this episode, Chris has the opportunity to chat with Pei and Mike from Sugar Land Texas. What’s really cool about this, well beside the fact they are amazing people, they found us through this very podcast series! Take a listen and hear how they use IBC and what they do for their community. The post Interview with Pei and Mike! appeared first on Life Success Legacy.

Chris interviews Scott and Jena Sales from Pella Iowa! They’re a great family with an awesome Infinite Banking story to tell. Take a listen and see what you can learn. The post Interview with Scott and Jena Sales appeared first on Life Success Legacy.