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

In this episode of Living Wealthy, Nick breaks down the why and how behind Bank On Yourself-designed whole life insurance policies—and why they’re completely different from the life insurance products most people are sold. He dives deep into the specific design structure that makes these policies powerful financial tools, including early cash value growth, non-direct recognition loans, paid-up additions, and guaranteed performance.

Nick also explains why he only uses select insurance companies, those with long-standing financial strength and consistent dividend-paying histories, and why policies from big-name insurers or flashy products like indexed or variable universal life (IUL/VUL) don’t make the cut. From hidden fees to market volatility and unreliable projections, these other policies often promise more than they deliver.

If you’ve ever wondered what makes a true Bank On Yourself policy different—or why most agents aren’t offering them—this episode gives you a behind-the-scenes look at what’s under the hood, and why working with the right design and company makes all the difference.

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 reacts to the YouTube video “Whole Life Insurance is a Scam – What the Salesman Won’t Tell You” by Rich on Money. Nick dives point by point into Rich’s arguments against whole life insurance, clarifying common misconceptions and offering his perspective as someone who uses and teaches the Bank on Yourself strategy.

Nick explains why calling whole life insurance a “bad investment” is misleading, it’s not an investment at all, but a long-term savings vehicle with unique benefits. He addresses concerns about premiums, commissions, fees, and slow early growth, while emphasizing how properly designed policies create flexibility, stability, and control.

Throughout the episode, Nick contrasts the “buy term and invest the difference” mindset with a broader financial philosophy: wealth isn’t just about chasing the biggest net worth decades from now, it’s about living a life of freedom, balance, and control today while still planning for the future.

Listeners will walk away with a clearer understanding of how whole life insurance really works, how it complements investing and business ownership as an “and asset,” and why financial strategies should fit the individual, not a one-size-fits-all formula.

You can watch the YouTube video from Rich on Money here: https://www.youtube.com/watch?v=g6nG_XRbXuY

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 reflects on the importance of life insurance during Life Insurance Awareness Month. While recent tragic events serve as a sobering reminder of how fragile life can be, Nick emphasizes the peace and protection that life insurance provides for families left behind.

He shares his heart on living boldly, standing firm in faith, serving others, and being a good steward of the resources and responsibilities God entrusts to us. Life insurance, he explains, is not just about numbers or policies, but about love, stewardship, and protecting those who matter most.

Nick also opens up about his own journey of faith and why he feels called to speak boldly on both financial and spiritual matters. He challenges listeners to have real conversations about their life insurance, to ensure their loved ones are cared for, and to live with intention and courage in every area of life.

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 gets back to the basics—helping listeners lay a strong financial foundation, especially if they’re just getting started or need to regroup after a few missteps. He walks through the essential first steps: understanding where your money is going, building a simple and effective budget, and taking control of your debt. Nick emphasizes that financial freedom doesn’t require perfection—it requires clarity, consistency, and ownership.

He also shares his personal journey of using Bank On Yourself whole life insurance policies to pay off student loans, illustrating how these tools can create flexibility and financial control while still building long-term wealth. Whether you’re new to budgeting, buried in debt, or simply feeling stuck, this episode offers practical encouragement to take action and start creating a life where you feel confident, in control, and on the path to real freedom.

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 Poppe challenges the traditional financial planning model and explores why it often falls short for modern investors, entrepreneurs, and anyone who doesn’t fit the “retire at 65” mold. He breaks down the common assumptions baked into conventional advice—like maxing out retirement accounts, relying on a 60/40 portfolio, or chasing market returns—and why those may not serve people who value flexibility, control, or early financial independence.

Nick shares his personal experiences and observations from the financial industry, highlighting the limitations of locking money into long-term vehicles and the risks of being overexposed to public markets. He also digs into the myths around high investment returns, market outperformance, and how real people behave in volatile markets.

Through this lens, he advocates for a more custom, values-driven approach to financial planning—one that prioritizes access to capital, financial flexibility, and the ability to pivot when life changes. He introduces the Bank on Yourself strategy as one such solution and discusses how it can be a game changer for creating opportunity and security—without relying solely on Wall Street.

To watch the video referenced in the podcast, please go to: https://youtu.be/KLChXdquO-E?feature=shared

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