BankNotes Archive – September 2021

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BankNotes Articles from September 2021

Nelson Nash’s Becoming Your Own Banker: PART III Lesson 5 How to Start Building Your Own Banking System

September 11, 2021

Content: Page 45, Becoming Your Own Banker Fifth Edition Now, let’s see how we are tracking with the concept. While looking at Table 1 on page 45, note that both twins could finance a $10,550 trade-in package at the end of the third year. Question:  If they need to trade … Read more

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Cash Value vs. Death Benefit in Life Insurance

September 11, 2021

Robert P. Murphy In his classic work Becoming Your Own Banker, Nelson Nash claims that the standard approach to life insurance has things backwards. Consumers have been taught to get their desired death benefit for as little outlay as possible. Yet Nash argues that people’s need for finance while alive … Read more

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