Not Your Average Financial Podcast™

Not Your Average Financial Podcast™


Episode 302: [Client Spotlight] The Upton Sinclair Paradox with Nick Poppe

June 16, 2023

In this episode, we ask:


  • Who needs to hear this?
  • What would you do?
  • Who is Nick Poppe?
  • What about the 4% rule?
  • What about guarantees?
  • What’s Nick’s first memory with money?
  • What happened in April 2020?
  • How did Nick learn about the concept?
  • What’s wrong with traditional financial planning?
  • Who has a firm foundation?
  • What about income in retirement?
  • What about knowing how much you have in retirement?
  • What about the power of guarantees?
  • What about commissions?
  • What about efficiency?
  • What about the messages?
  • Is Bank on Yourself® a scam?
  • What about taking unnecessary risk and stress?
  • What about the fees?
  • Would you like to hear Episode 36?
  • What about Nick and Brooke’s policies?
  • When is the best time to get started?
  • How many policies do they own?
  • How have they used the cash values?
  • What does Nick track on his spreadsheet?
  • What about the progress?
  • How fast did Nick and Brooke become “net worth positive”?
  • How is non-direct recognition, dividend paying whole life insurance an “and asset”?
  • What about compound growth?
  • What about having more options?
  • Would Sallie Mae help in an emergency?
  • What about student loan debt?
  • What about going in one direction?
  • What about peace of mind?
  • Which should we do first: pay off debt or save?
  • What is so easy?
  • What happens if something comes up?
  • What advice does Nick have?
  • What about looking with an unbiased mind?
  • Who has been taught this in school?
  • Who reads about this in the Wall Street Journal?
  • Who benefits from stocks, bonds and mutual funds?
  • Who wants the best for you?
  • Where is the financial incentive involved?
  • Is your money someone else’s annuity?
  • What is the advice you’re getting?
  • How do we live within our means?
  • What books does Nick recommend?
  • Would you like to read Do the Impossible by Jason Drees?
  • Would you like to read The Power of One More by Ed Mylett?
  • What about mindset?
  • Would you like to connect with Nick on the FREE Not Your Average Financial Community?
  • What are the takeaways?
  • What can your first job teach you?
  • What about salary?
  • What about 401(k) as a foundation?
  • How is your financial professional being paid? Is it front loaded? Is it fees for AUM?
  • How much more will you spend on fees?
  • Have you seen the Wolf of Wall Street?
  • What about tracking progress?
  • What about setting a goal?
  • What about focusing on the gain?

Both originally from South Dakota, Nick Poppe and his wife, Brooke, have been in Northwest Arkansas for the past 2 years with their 2 dogs. Brooke is an Occupational Therapist and Nick works fully remotely in the financial industry. After several years in banking and financial planning and knowing the ‘average’ financial strategies weren’t working, Nick discovered the Bank on Yourself® strategy and has implemented this Not Your Average financial strategy for the past 3 years and has experienced the peace of mind, ease, and guarantees that this strategy provides.