About the Book
Why "Becoming Your Own Banker" is essential reading for anyone serious about IBC.
The Origin
R. Nelson Nash wrote "Becoming Your Own Banker" after decades of practicing what he preached. A forestry consultant by trade, Nash discovered the power of dividend-paying whole life insurance not through financial theory, but through solving a real problem: how to finance logging equipment without giving away control to banks.
What he discovered changed everything. The book distills that discovery into approximately 90 pages of paradigm-shifting content.
What You'll Learn
- • Why the "banking function" in your life is more important than the investments you make
- • How conventional financial wisdom keeps you dependent on banks and institutions
- • The difference between being a borrower and being a banker
- • Why dividend-paying whole life insurance is the ideal vehicle for creating your own banking system
- • Real examples and case studies that illustrate the concept in action
Read It Twice
Nelson Nash himself recommended reading the book at least twice. The first read plants the seed. The second read — after you've had time to think about it — is where the real understanding begins.
Don't rush it. Let the concepts challenge your assumptions. If something seems wrong or confusing, sit with it. The paradigm shift Nash describes requires unlearning before you can learn.
A Word of Caution
Many people read this book and then try to implement IBC on their own, or worse, work with an agent who doesn't truly understand the concept. The result is often a policy that doesn't perform as expected.
IBC is simple in concept but requires precise execution. That's why working with an Authorized IBC Practitioner — someone trained directly through the Nelson Nash Institute — matters.