Ascendant Financial explains how to capture money as it flows through your life so the same dollars work multiple financial roles. The strategy uses whole-life insurance policies, a concept Nelson Nash calls infinite banking. Garrett Gunderson and Nash's book Becoming Your Own Banker are recommended for deeper learning.
Hey, if you're here to learn about cash flow banking, I really appreciate you stopping by to check this out. So here at Ascendant Financial, we really love people asking the question, learning about cash flow banking. It's becoming a very popular term, very popular strategy that people are looking to seek more information about, which is fantastic anytime that we can go and endeavor to learn more about how to do things in a efficient way in our cash flow throughout our life. And we fully support that. There's a really great book that was written by an author named Garrett Gunderson, a fabulous guy and great book called what Would the Rockefellers Do? And in that book he talks a little bit about this strategy. And of course it dovetails perfectly well with the strategy that we promote and teach people primarily, which is the infinite banking concept. Fundamentally, it's about how you can harness the potential of your money as it's flowing through your life, your cash flow, where money's going out and it's out out into a lot of different other places and resources. How can we harness some of that money as it's flowing through and capture some of it so that we can have it do more than one job throughout your lifespan? And that's really the fund fundamental core of why a lot of people look at this as an insurance strategy. Now, often insurance is utilized in the promotion of these types of concepts and ideas. The reality is you can probably do it without the insurance, generally speaking, but the insurance or the vehicle that we use to accomplish these types of things, such as the infinite banking concept, becoming your own banker, cash flow banking, etc. That is simply a vehicle. Nelson Nash would say it's the means by which we accomplish the objective. The objective is the strategy. That's the, the implementation of the thought process and the strategy that you're utilizing. And the insurance component is really just the vehicle that becomes the engine by which you accomplish the objective. So it's really important to distinguish those things. And ultimately, fundamentally understanding cash flow banking, infinite banking concept is very important because you can start to understand how you can have money that's flowing through your lifespan, really solve for the opportunity cost aspect of your life. And rather than having it just kind of disappear when you're buying capital items, whether family vacation, business equipment, any number of things that we might be sending our money out to, how to have that dollar potentially work for you more than once throughout your lifespan. That's really one of the core things that we're looking to achieve when implementing a strategy like that. So I hope that gives you a little bit of an idea what Cash Flow bank is all about. I would really recommend you pick up a copy of Becoming youg Own Banker how to Unlock the Infinite Banking Concept by Arnelson Nash. Fundamentally, it's the core of what the cash flow banking strategy is all about. If you want to learn a little bit more about it, we have a great a webinar available on demand class you can access. Just go ahead and register at any time and you'll learn a whole bunch about how people are using that concept in their life. Really appreciate you stopping by to learn a little bit more about it and continue on the educational journey so that you can keep exploring great ideas, great concepts like this, and make sure you just take action. Implement something in your life so that you can start seeing the results that you're looking for.
