Today's interview is with Nick Kosko. Nick is a wealth strategist at CreateTailwind and in this episode, we discuss financial Independence, Taking control of you money and questioning the financial norms.
Infinite banking has been called a scam by Dave Ramsey, but it actually might make sense for some of the listeners out there - at least to learn more about it and how it could be used in your financial planning. Enjoy!
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Show Notes
0:00:00 Welcome and context
0:01:50 What is your background?
0:06:00 Books that helped you change your perception
0:08:05 What does taking control of your finances mean to you?
0:11:20 Why do you think people always try to follow the herd?
0:14:01 Where are the major disconnects in the secure path?
0:24:34 How do you think through when going against the grain?
0:31:10 How did infinite banking started?
0:38:30 Where is the disconnect with saving your money in life insurance?
0:45:30 What are the biggest risks of infinite banking?
0:49:10 How does the insurance policy works?
0:53:41 How tax is being applied to this?
0:57:36 Is Infinite banking a scam?
1:00:40 Where should people start looking for good opportunities?
1:07:17 Where can people find out more about you?
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