Today we pay tribute to Curtis’ mentor who recently passed away, Mr. Nelson Nash, the author of “Becoming Your Own Banker”. Join us to listen to Curtis explain the importance of Nelson's book and how it has helped people look into the banking system and how it operates.
Curtis’s motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com
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Show Notes
- The whole idea behind Nelson's book - 2:00
- Money is not wealth - 3:04
- How Nelson's book changed Curtis' career - 3:26
- Wisdom from a mentor - 4:30
- Learning and opening your mind to another way of thinking - 5:21
- Lessons learned from Nelson Nash - 7:34
- Live like you are going to die today - 8:06
- Nelson's principles - 9:00
- You have to save money - 9:57
- Financing everything you buy - 12:07
- Understanding more about Nelson's principles - 14:00
- Do not do business with banks - 15:13
- How your money can be stolen - 15:33
- Knowing how the banking system works - 18:00
- Deconstruct your personal economy - 18:30
- The first part of Nelson's book: People's problems - 18:48
- You have to control your cash flow management - 20:24
- The golden rule: use it or lose it - 22:40
- Pay yourself back - 23:30
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