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
Understanding House Insurance
It probably won’t surprise you that Ben Franklin was the Founder of the first home owners insurance company in the United States. His company, Philadelphia Contributionship for the Insurance of Houses from Loss by Fire was formed in 1752. For a long time,...
Understanding Umbrella Liability Insurance
Don’t I already have insurance that covers this? Probably. Your homeowners insurance and auto insurance commonly provide coverage for personal liability. But is it enough? That’s the key question I hope to help you answer. Understanding...
Understanding Identity Theft Protection
“That’ll never happen to me.” We buy insurance despite low odds of something bad happening. You and I are probably not going to die before we’re supposed to. But if we did, the consequences would be catastrophic. That’s why we buy life...
Financial Wellness in the Workplace: Key Ideas to Focus On
What is financial wellness? Should it be part of your benefits program? If you offer it, how do you make sure it will work? Simply put, financial wellness is getting clear on how you want your financial life to be, then making and executing plans for bringing...
Understanding Long-Term Care Insurance
It’s hard to think of ourselves as an elderly person, but God willing, it’s going to happen. It’s also hard to think of our future, elderly selves, requiring help doing simple things like moving around the house, preparing food and eating it, getting dressed,...
Understanding Health Insurance
Nobody plans to get sick or hurt, but life frequently ruins those plans. Healthcare costs are very high with a night in the hospital going for around $12,000. Health insurance covers the costs of medical care as well as provides a lot of other valuable benefits like...
The Simple Path to Wealth: Behavioral Finance
Over my life, there have been a lot of things I intellectually understood, but didn’t do. When I was younger,I knew staying out late and drinking too much was bad for me. But I did it. During that time, I also knew that I should have a budget, keep a close...
Freedom Isn’t Free: The Price of Freedom
When I was in elementary school in 1989, the Berlin Wall came down. It was a big deal. My school held a writing contest on freedom (spoiler alert; I won) and the prize was an actual chunk of the Berlin Wall. While I don’t remember everything, I do...
Smart Money Moves: 7 Steps to Financial Security
If you’re ready to take control of your financial life, check out our DIY Financial Plan course. We’ve got three free courses as well: Our Goals Course, Values Course, and our Get Out of Debt course. Connect with one of our Certified Partners to get any...
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!