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
Our Favorite Patience Quotes
We’ve all heard the saying, “Patience is a virtue.” We commonly hear that upon learning it’s going to take longer than expected to get something we want. Patience is the ability to wait calmly for something. Virtue is a desirable trait or quality. ...
The Sickness of Apathy. The Remedy of Personal Responsibility
Not happy with the way things are going? What have you been tolerating? You see, apathy sneaks in when we start tolerating mediocrity. It starts really small. And it grows. And it grows. And it grows. And before you know it, you’re not happy...
Personal Financial Planning: Understanding the Process
Personal Financial Planning: Understanding the Process A technical definition of financial planning is the process of determining your financial goals, looking at your current situation, and devising strategies for achieving those goals. It’s best viewed as a process...
How to Build Wealth: Maximize Your Income
“Give me six hours to chop down a tree and I will spend the first four sharpening the ax.” - Abraham Lincoln You’ve got roughly 50 years to earn money. Does that sound like a short or a long time? I suppose the answer depends where you are on the...
How to Stop Living Paycheck-to-Paycheck
We’ve become obsessed with hacks, shorter work weeks, convenience and comfort. And while those are all good and desirable things, we’ve forgotten about the price tag. All things have a price tag. If we save money, we can eventually stop working. If we exercise,...
Boost Your Financial Wellness With These Apps
Personal finance apps can help you get your money organized, whether you’re trying to save to purchase a house or just want to be more mindful about your spending. Not only that, they can help you feel more confident about your decisions and even separate your...
How to Build Wealth: Pay Yourself First
Parkinson’s law teaches us that work will expand or contract to fill the space available for its completion. We’ve all experienced this, perhaps even this morning. Odds are, you have a morning routine. When you wake up on time, you progress through it and start...
The Simple Path to Wealth: Follow these 8 Steps
The path to wealth can be simple, but it won’t be easy. Whenever I’m working on something important, I try to start with the end in mind. In this instance, the starting point is for you to determine what “wealth” is. Merriam-Webster defines it as an “Abundance...
How to Be Wealthier than Bill Gates and Warren Buffett
Could you be wealthier than Bill Gates and Warren Buffett? I think the answer is yes. Gates has a net worth of approximately $135 Billion, and Buffett’s is approximately $126 Billion. The definition of wealthy is “having a great deal of money, resources, or...
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!