Not Your Average Financial Podcast™

Not Your Average Financial Podcast™


Episode 333: [The Periodic Table of Abundance] No.4 Secrets of Leverage Using Insurance and Banking

January 19, 2024

In this episode, we ask:


  • Can information alone change your financial future?
  • Would you like to check out our FREE Not Your Average Financial Community?
  • Have you listened to the previous episodes in this series?
    • Would you like to hear Episode 330: No.1 Scaling Up and Overcoming Adversity?
    • Would you like to hear Episode 331: No.2 Money Team, Family Finance and Estate Planning?
    • Would you like to hear Episode 332: No.3 Liquidity and Cash Flow?

  • What is the essential nature of insurance?
  • What is the cost of insurance?
  • What creates peace of mind?
  • What is the purpose of all of this?
  • What outcomes would you like?
  • What about guarantees?
  • What are the different types of insurance policies?
  • What about health insurance?
  • Who has medical bills?
  • Why have health insurance?
  • What about the alternative?
  • What are the typical costs?
  • What about being uninsured?
  • What is the leading cause of bankruptcy in the U.S.?
  • What is the health insurance marketplace?
  • What about healthcare sharing ministries?
  • Would you like to hear Episode 170?
  • Would you like to hear Episode 224?
  • What about property and casualty insurance?
  • What is the average claim?
  • What could protect you from financial ruin?
  • What about auto insurance?
  • What about umbrella insurance?
  • What is coverage?
  • What is a deductible?
  • What about self insurance?
  • What about life insurance?
  • What happens upon death?
  • How will your family afford the costs when you’re gone?
  • What about cheap term insurance?
  • What about group life plans through employers?
  • What about getting insurance that meets your needs?
  • What does banking have to do with life insurance?
  • Who was Nelson Nash?
  • What will you buy in your life?
  • What about your need for today’s financing?
  • How will you pay for that?
  • What is Bank on Yourself®?
  • What about living benefits?
  • What if you didn’t have to rely on banks?
  • What about retirement?
  • What about the function of banking?
  • What is fractional reserve banking?
  • How about an example?
  • What is the money multiplier effect?
  • Is this magical?
  • What are the downsides?
  • What happened in 2020?
  • What are the reserve requirements now?
  • What happened to the reserve?
  • What about insolvency and fragility?
  • What about the FDIC?
  • What percentage of deposits are backed up by FDIC?
  • Would you like to hear Episode 299 to learn more about the FDIC?
  • What about spending and debt?
  • What causes financial stress?
  • What is the average American debt?
  • Is paying cash the answer?
  • What do we do here?
  • What about the Bank on Yourself® strategy?
  • What about leverage?
  • What about private lending?
  • Would you like to hear Episode 331?
  • So what?
  • Are your life insurance policies properly designed and up to date?
  • What about an inventory of your own debt?
  • Would you like to explore the Bank on Yourself® strategy deeper?