Home/Urban Survival Podcast Episodes/E193: Unconventional Dos and Don’ts of Money Survival

E193: Unconventional Dos and Don’ts of Money Survival

In this episode, we sit down with Holly and Nate of the Dollars and Nonsense Podcast. They’re going to share with us some insights about things to avoid and things to do with money.

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Episode Topics Discussed:

  • The myth of retirement programs
  • The penalties and pitfalls of retirement programs
  • Staying away from programs the government is involved in
  • The federal reserve’s monopoly money game
  • Servitude mindsets
  • Being creative with money
  • Staying away from what “the masses” do with money and following the examples of the rich
  • The myth of numbers and money being equal
  • Understanding compounding interest
  • The runaway inflation lessons from Zimbabwe and Argentina
  • The myth and trap of saving 10%
  • What is infinite banking

Episode Resources:

By | 2016-10-30T23:06:33+00:00 October 31st, 2016|Urban Survival Podcast Episodes|2 Comments

About the Author:

In his free time, Aaron enjoys hogging the remote, surfing, scotch, mental masturbation and debate over philosophical topics, and shooting stuff--usually not all at the same time.

2 Comments

  1. Jeff November 2, 2016 at 8:55 pm - Reply

    This is just a commercial for whole life insurance. What a joke. Life insurance “becomes your new bank account”! It pays 4-5%! If it sounds too good to be true, it probably is. What a bunch of hucksters. And they have no idea what they talk about when it comes to banks. BOLI is just about the least liquid asset a bank could hold — it is locked up until the person that the policy is written on dies. It is NOT a part of a Bank’s Tier 1 Capital.

    I usually like this podcast but this is the first episode that really pissed me off. Aren’t these guests checked out???

    • Aaron Frankel November 3, 2016 at 5:28 pm - Reply

      Howdy Jeff. Perhaps I’m reading the way The Motley Fool describes BOLI the wrong way, but here’s an article anyone can read for themselves:

      Bank Owned Life Insurance: A Little-Known Way Banks Make Money

      I’m reading name calling a scoffing in your comment, but not a lot to counter their claims. Happy to see a full and polite discourse here on what the guest talked about.

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