When it comes to money, we’re often taught to play it safe. Hold on to what we have, avoid taking too many risks, and trust that our money will grow where we’re advised to put it.

What if that advice isn’t really in your best interest?

Here’s the issue: simply holding on to your money without a plan for strategic growth can leave you vulnerable—especially during times of tragedy. Imagine believing you’re financially secure, only to discover you’re not prepared for life’s unexpected challenges.

While we can’t stop life’s hardships, wouldn’t it be empowering to know your finances are secure, no matter what happens? Being your own bank offers that control, turning even difficult situations into moments of opportunity and resilience.

How can we ensure our family’s future is protected? Can positivity emerge from tragedy? And how does becoming your own bank help create this financial safety net?

In this episode, James Miles, owner of a Residential Assisted Living and Memory Care home in Carmel, Indiana, joins me to discuss how becoming your own bank can offer support in tough times. He shares his personal experiences with tragedy and how financial preparedness helped him navigate it.

Things You’ll Learn In This Episode

-Going back to the fundamentals

Many people skip over the basic but important fundamentals of investments. How can fundamentals help us understand what we’re doing and the risk of doing it all?

-The age-old money mindset

Outdated mindsets can negatively influence important money decisions and kill new opportunities. How can you break free from traditional money beliefs to make more informed and flexible financial decisions?

-The bare minimum won’t cut it

Settling for minimal insurance coverage can leave you vulnerable when you truly need it, so it's essential to invest in adequate protection. How can investing in better insurance coverage save you from future financial risks?

Guest Bio

James Miles, based in Carmel, IN, is the Owner and Operator of Willow Haven Senior Homes. With experience from Indiana University School of Medicine and Charles Schwab, James now dedicates his career to providing compassionate residential assisted living and memory care. His "feels like family" approach ensures that seniors needing care have a comforting home, while their families can rest assured knowing their loved ones are well cared for.

Growing up in a family that cared for his mentally handicapped uncle, James understands firsthand the challenges of caregiving. This personal experience drives his mission to offer respite for families, freeing them from guilt and stress, and giving them peace of mind.

Find James on LinkedIn @James Miles

Donate to the Willow Haven Senior Homes State Supreme Court Defense GoFundMe here https://www.gofundme.com/f/willow-haven-senior-homes-zoning-legal-defense

Email shawna@chrisnaugle.com with proof of your $ amount donated and Chris will match your donation.

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Infinite Banking is one of the most misunderstood finance concepts on earth. Even the biggest so-called financial experts get it wrong, and rob people of incredible wealth-building opportunities.

Case in point: Dave Ramsey. He often promotes term insurance, which is very different to Infinite Banking and this narrative overshadows the true value of whole life insurance.

Many people don’t realize how these systems work and the long-term benefits they offer.

Why do some people seem to effortlessly build wealth while you’re stuck in a cycle of endless premiums with term insurance? What if the narrative you've been told is holding you back from achieving true financial independence?

In this episode, I provide insights to help you break free from the cycle of misinformation surrounding insurance. I clarify the true value of whole life versus term insurance and shed light on the often-misunderstood Infinite Banking Concept—a crucial point that many overlook.

Not everyone fits in the same little square box. -Chris Naugle

Things You’ll Learn In This Episode

-Paid-up additions

Paid-up additions are the key element to designing whole life for maximum cash value. How do paid-up additions actually work?

-BOLI vs. whole life insurance.

How does BOLI's investment-focused structure differ from the personal benefits of whole life insurance for individuals?

-How whole life and Infinite Banking work together

Whole life insurance is the foundation of the Infinite Banking Concept. How does the cash value in a Whole Life policy create opportunities for personal banking through the Infinite Banking Concept?

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Even though the Infinite Banking Concept has been tried, tested, and proven to be successful, there are still naysayers out there. These doubts can hold people back from unlocking their financial potential. But why are some still skeptical, despite overwhelming evidence?

The root of the issue lies in a lack of understanding and going back to the fundamentals. Infinite Banking isn't just a theory—it's a mathematically proven system that works when applied correctly. The real problem isn't the concept itself; it’s the misconceptions people have about it.

Are we going to continue to let skepticism stop you from exploring a proven financial strategy? How do we embrace the mathematics of the Infinite Banking Concept?

In this episode, I go back to the fundamentals of the Infinite Banking Concept and use mathematics to prove that it actually works.

We put so much emphasis on the things that mean absolutely nothing and so little emphasis on the things that can change our lives. -Chris Naugle

Things You’ll Learn In This Episode

-The possibilities of our ideas

Ideas need to always have substance. What is possible when we come up with ideas that we put into action? Do some of the best ideas really come to us when we’re not even thinking about it?

-The fastest way to get rich

What is the fastest way to get rich? Is it an investment? Or is it through our own debts and expenses? How can our debits play a role in the journey to getting rich?

-Why cost isn’t really the issue

Many of us hesitate to pursue things due to the perceived expense, but often it's not the price itself—it's whether we see enough value to justify the investment. Is cost truly the issue, or just a reflection of the value we expect?

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!

If you've been getting pushback on deals, or they’ve even been falling through, you're not alone. We’re seeing it firsthand: banks are tightening their lending practices, and it’s becoming harder to secure the financing needed to keep business moving.

The ripple effect of banks not lending could be massive. For businesses that rely on funding to grow, close deals, or stay afloat, this is a major concern. Without access to capital, your ability to invest, expand, or even maintain your current operations could be severely impacted.

Are you prepared to face a tighter lending market? How would it affect the ability to grow or secure new opportunities? What will business look like if access to traditional lending dries up even further?

In this episode, I talk about the 5 reasons why banks are freezing up and not lending, what happened previously to get to this point and how to prepare for what’s to come.

Things You’ll Learn In This Episode

-The Great Recession

The Great Recession exposed major flaws in the global financial system, nearly causing its collapse. How did the events leading up to the Great Recession put the entire financial system at risk?

-An uncertain future

We can’t predict exactly how the economy will change. How does economic uncertainty influence a bank's willingness to lend?

-A risk-averse approach

Banks have shifted from taking bold risks to adopting a more risk-averse approach. How has this shift impacted the financial industry?

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!