Becoming Your Own Banker with Nick Kosko
Have you ever thought there was more to the financial world than simply traditional stock market investing? Nick Kosko shares his story of searching for more, finding strategies that made sense and putting them into action!
Listen to us On
About the Episode
LifeBlood: We talked about becoming your own banker, wanting solutions outside of traditional stock market investing, being a good steward of your money, and finding financial freedom.
We discussed Nick’s career path flying 747s all over the world, getting laid off and exploring new options and alternatives, learning about passive income and tax strategies, and voraciously consuming as much new learning as he possibly could.
We talked about discovering Infinite Banking and becoming fascinated by it, learning and putting into practice, and learning how to effectively leverage money to purchase real estate and make other investments.
We discussed the important distinction of “who” versus “how,” how to fail forward, the importance of digging deeper and going beyond surface knowledge, and why you should always ask yourself “compared to what?”
We talked about the value of mentorship, figuring out what you want to do and finding someone who’s already doing it with Nick Kosko, Economic Strategist, former commercial airline pilot, who’s focused on creating financial freedom through investing in opportunities outside of the traditional places.
Listen to learn why it’s important and worthwhile to dig deeper into any subject matter or area of life that you’re curious about or confused by!
For the Difference Making Tip, scan ahead to 17:27!
You can learn more about Nick at CreateTailwind.com, Facebook, YouTube and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].

George Grombacher
Lifeblood Host

Nick Kosko
Guest
More Episodes
Why Investors Choose Annuities for Secure Retirement Income
Planning for retirement is one of the most critical financial decisions a person will make. With concerns about market volatility, longevity, and sustainable income, many investors turn to annuities as a solution for secure retirement income. But what makes annuities...
Using Annuities to Create Tax-Efficient Income in Retirement
One of the biggest challenges in retirement planning is managing taxes effectively. Many retirees focus on accumulating wealth but overlook the impact of taxes on their income. Without a well-structured strategy, taxes can eat into your retirement savings and reduce...
How to Overcome the Fear of Running Out of Money in Retirement with an Annuity
One of the most common fears among retirees is running out of money. After working for decades, the last thing anyone wants is financial insecurity during their golden years. The fear of outliving your savings can be paralyzing, leading to stress and uncertainty....
The Power of Minimalist Money Habits: Simplifying Your Finances for Greater Freedom
In today's fast-paced world, it’s easy to get overwhelmed by the complexity of managing finances. We’re bombarded with credit card offers, investment options, and various spending temptations, all promising to help us live better lives. Yet, in the midst of it all,...
The Right Questions to Ask Yourself When Considering an Annuity for Retirement Income Planning
Annuities can be a powerful tool for creating reliable retirement income, but they’re not a one-size-fits-all solution. Before purchasing an annuity, it’s essential to evaluate whether it aligns with your financial needs, goals, and risk tolerance. Asking the right...
How to Guarantee You’ll Never Run Out of Money in Retirement
One of the biggest fears retirees face is outliving their savings. With rising life expectancy, unpredictable markets, and increasing healthcare costs, ensuring that your money lasts a lifetime is a top priority. Fortunately, there are strategies you can implement to...
How Taxes Can Reduce Your Income in Retirement
When planning for retirement, it's easy (and prudent) to focus solely on saving enough money or making wise investment choices. However, one crucial factor that is often overlooked in retirement income planning is taxes. While many retirees expect to pay less in taxes...
The Benefits of Stock Dividends for Retirement Income Planning
As we approach retirement, one of our primary goals is to ensure a reliable income stream to sustain our lifestyle. While there are several options available for generating retirement income, many retirees are increasingly turning to stock dividends as a key component...
The Value of Fixed Annuities in Retirement Income Planning
As retirement approaches, people find themselves grappling with the challenge of ensuring a reliable income stream during their golden years. One popular solution to this problem is the fixed annuity, a financial product that offers a guaranteed income for life or a...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!