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Welcome to the Wealth Without Bay Street podcast, a Canadian guide to building dependable wealth. Join Richard Canfield and Jayson Lowe as they unlock the secrets to creating financial peace of mind in an uncertain world. Discover the strategies and mindsets to a financial future you can bank on. Discussing The Infinite Banking Concept and strategy of BecomingYour Own Banker in Canada as only Canucks can!
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Tuesday Feb 04, 2020
Tuesday Feb 04, 2020
There is a roadmap to put your capital back in your control.
In this episode David Stearns, President of Infinite Banking Concepts LLC, Founding director of The Nelson Nash Institute and R. Nelson Nash’s son in law joins us. We discuss the last 20 years working closely with Nelson Nash and what life has been like since Nelson’s passing in March 2019.
David shares tales of the growing pains of his family policy system including his first policy and how with Nelson’s help the family system has already crossed 4 generations. Learn some of the reasons and strategies behind how they have added policies over time. An organic process that stretches and grows with your own growth and capacity that works with the needs of your family.
IBC has become more than a financial planning tool for David and his family, it’s become a lifestyle, a fundamental part of their life. It’s not been an easy road, but they’ve taken Nelson’s advice to heart and made sure they adopted banking as the 2nd necessary business to grow and understand as they continue to build more generational wealth.
Discover how important it is to plan for Windfalls and the power of ownership with this Dividend Paying participating whole life policies. David talks about 3 policies on Ex business partners that R. Nelson Nash has passed down as an asset even after his death that will continue to add an impact on the family for years to come.
💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
Comments (1)
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Really enjoyed this, love listening to David and hearing his insights and experiences about Nelson.
Wednesday Feb 26, 2020
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