In this episode of Living Wealthy, host Nick Poppe explores how to make your money work harder by giving every dollar multiple uses. Instead of the traditional “one-and-done” approach—where savings are locked into a single purpose like retirement accounts, 529 plans, or emergency funds—Nick shows how the Bank On Yourself strategy allows dollars to be used, reused, and recycled while continuing to grow.

Nick breaks down how Bank on Yourself policies provide uninterrupted compounding and flexible access to capital. He shares real-world applications such as funding college, helping kids with weddings or home down payments, paying off debt, reducing other insurance costs through self-insuring, and even handling taxes more efficiently.

The key takeaway: your money should serve you, not the other way around. With the right system, your dollars can support today’s needs and tomorrow’s goals—without sacrificing growth or control.

Book a free 15-minute Intro call at https://www.fwstrategies.com/

Learn more about the Bank on Yourself strategy with the Bank on Yourself Special Report: https://www.bankonyourself.com/findoutmorenow?wp_src=NP43

Learn more about the power of guaranteed income for retirement and get your Lifetime Guaranteed Income Guide: https://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=NP43A&srcp

In this episode of Living Wealthy, host Nick Poppe shines a spotlight on one of the most underrated—and often overlooked—financial tools: convertible term life insurance.

Nick explains what makes it different from standard term life: the option to convert into permanent coverage later without redoing medical exams or underwriting. That flexibility can be a game-changer if your health or financial situation changes.

He breaks down:

• Why convertible term is an affordable way to maximize your human life value early on.

• How it creates future options for permanent coverage, cash value, and legacy planning.

• Common misconceptions, like thinking conversion costs the same as term or that permanent insurance is only for the wealthy.

• Practical uses, from protecting your family to business succession planning.

• A personal story of how Nick and his wife Brooke benefited from having convertible term in place during a health crisis.

Ultimately, Nick emphasizes that while convertible term might cost a few dollars more than plain term, the flexibility, peace of mind, and ability to lock in your insurability make it one of the most valuable yet underappreciated products in personal finance.

Book a free 15-minute Intro call at https://www.fwstrategies.com/

Learn more about the Bank on Yourself strategy with the Bank on Yourself Special Report: https://www.bankonyourself.com/findoutmorenow?wp_src=NP43

Learn more about the power of guaranteed income for retirement and get your Lifetime Guaranteed Income Guide: https://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=NP43A&srcp

In this episode of Living Wealthy, Nick breaks down the three levels of using a Bank On Yourself policy and how each level serves a different purpose depending on your stage of life, goals, and mindset around money.

This episode is a clear look at how Bank On Yourself isn’t one-size-fits-all, it’s a flexible, customizable system that can evolve with your financial life. Whether you’re just getting started or already thinking outside the financial mainstream, there’s a level that fits.

Book a free 15-minute Intro call at https://www.fwstrategies.com/

Learn more about the Bank on Yourself strategy with the Bank on Yourself Special Report: https://www.bankonyourself.com/findoutmorenow?wp_src=NP43

Learn more about the power of guaranteed income for retirement and get your Lifetime Guaranteed Income Guide: https://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=NP43A&srcp