{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Capitalizing Your Life Podcast","title":"Preaching Prosperity: How One Minister Mastered the Infinite Banking Concept","html":"","width":"100%","height":180,"duration":2150,"description":"Episode 26 with Nate Dean“But even when we are paying cash, we are giving up the interest that that money could have earned if it would have been in a better environment. So even when we're saving up to pay cash, we're losing out on the opportunity costs on those dollars. The other side of that is we're always making payments to someone. We're making payments to the bank when we're borrowing, but when we are saving up, either sporadically or systematically, we are making payments to ourselves for a future purchase. So, if you can take hold of those ideas and wrap your mind around this idea of, ‘I can be the borrower and the lender simultaneously,’ like that is a powerful process when I get to control both sides of those things.”Join Glenn as he interviews Nate Dean, the co-founder of Unlimited Life Concepts (ULC). ULC is a company that teaches individuals and businesses how to create private banking systems using the Infinite Banking Concept (IBC). After several years serving in youth and music ministry, and then as a pastor, Nate discovered the IBC and felt called to educate others on how they could also find financial freedom by becoming their own bankers. Glenn and Nate discuss:His journey from music and ministry to a financial education businessHow pastors explore life topicsHis introduction to the Infinite Banking Concept (IBC) and whole life insuranceUnderstanding the IBC and its many benefitsThinking long-term and rate of returnThe value of whole life insurance versus term life insuranceComparing IBC to other types of investmentsUsing whole life insurance to finance vehicles and other opportunitiesHis podcast, Cashflow Legendz, and financial coaching businessEpisode Links:X (formerly Twitter):  @ChroniclesNateLinkedIn:  @nate-dean-6b5600248Facebook: @unlimitedlifeconceptsYouTube: Cashflow Legendz Podcast Unlimited Life Concepts Cashflow Legendz Becoming Your Own Banker by R. Nelson Nash ------------------------ THE MILLIONAIRE JOURNEY Invest with...","thumbnail_url":"https://img.transistorcdn.com/poMURXA4VnyYzengdntjVD1C6yPBkwnyTw02C7dqJPY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YzZj/MDk5MDVlOWM0ZGFi/MTJiNzBkODcwMGUx/MTA4My5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}