Not Your Average Financial Podcast™

Not Your Average Financial Podcast™


Episode 366: From Mowing Lawns to Mastering Money with Dave Bonnemort

September 06, 2024

In this episode, we ask:



  • Does X mark the spot?
  • Who is Dave Bonnemort?
  • How did Dave get his start?
  • How many policies does Dave and his family own?
  • What is the E.S.I. framework?
  • What about earning?
  • What about saving?
  • What about interest?
  • What about banking?
  • Who is good at at least two of the three?
  • What about investing in yourself and your health?
  • What about education?
  • How might we bring value to others?
  • What have you done to help keep up with inflation?
  • What is the difference between saving and investing?
  • Is a 401(k) saving or investing?
  • What about the book Becoming Your Own Banker by Nelson Nash?
  • What about keeping your debts low?
  • What did Charlie Munger say?
  • What about Willie Sutton’s law?
  • What about the changing rules?
  • Have you looked at the history of taxes?
  • Where are the big payouts?
  • What about risk?
  • What about the likelihood of loss vs. the likelihood of winning?
  • What about volatility?
  • What about saving and building capital?
  • What about being broke as a joke?
  • How did Dave 10x some of his money?
  • Who knows better (what to do with your money)?
  • What about banking, rate and volume?
  • What are the two businesses?
  • How about patience and hard work?
  • What about the mindset?
  • What are the ugly, painful, grinding years?
  • What about the capitalization phase?
  • How is this like starting a tree farm?
  • What about the loan phase?
  • How much money do you bring in every month?
  • What dollar amount do you bring in as loans?
  • What if you were paying yourself back (for loans) and recapturing that interest instead?
  • Would you like to hear Part 2 with Dave next week?
  • What are the takeaways?
  • What about the need to have accessible, liquid capital?


Dave Bonnemort is a current client and active practitioner of the Becoming Your Own Banker concept, as well as a husband to an amazing wife and father to three incredible kids.


He makes his living as a small business owner, is a student of Austrian economics, and a personal finance junkie.