Why the Wealthy Control Money Instead of Chasing It | Episode 172
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Why do most people chase money instead of learning how it really works?
Welcome to Private Banking Strategies Podcast with Vance Lowe and Seth Hicks, your secret weapon to protect your assets and never have to start over financially again. Vance and Seth help high net worth individuals, families, business owners, and investors structure an asset-protected, tax-free fortress for their families. Learn how to keep what you earn and use the velocity of money to create your own private banking system. Join us on this journey as we explore the secret strategies of the rich and political elite and help you take total control of your financial security. Now, on to the show.
Hello and welcome to Private Banking Strategies Podcast with Seth Fix and Vance Lowe. Vance, how are ya? I'm doing great. I'm looking forward to our next podcast here. Absolutely. Today we're gonna talk about the first ninety days with private banking strategies. Kind of dive into a beginner's roadmap. And how we build. And gonna be interviewing you as you h help people. begin this journey. And of course we do all this at no cost to folks and prospects. They get to take their test runs with us at absolutely no cost. So can you begin to walk our audience through how to get started?
Normally people come in and are referred to our website. You could probably explain that a little bit better, how people are led to referrals or whatever else. But they kind of follow a pattern there at the website. There's things they can do. You can tell them one of the things we have is a book. that they can find out about us and get a good flavor of what this is all about because money turns out to be something different than what we think it is. We all think we have a knowledge. Nelson Nash, who's the author of the infinite banking, calls it the arrival syndrome. It's not so much what we don't know that hurts us, it's what we think we know that's incorrect. One of the first things we do is we introduce what money really is and how it really works.
So through the process of looking at our website and we encourage anybody to go there because everything on there is no cost, great, perfect, good education. You can follow that up through the Nelson Nash Institute for background checks on us.
What is the 90‑day private‑banking roadmap and how does it get started?
Or whatever. But most people have a little bit of an understanding of this concept. and are looking now to see what it looks like in their life.
On the website you can learn about the philosophy and as you described it, how money really works and re educating folks as to systems and let's call it programs that they've been they've downloaded and they've operated under perhaps for decades, generations, perhaps for multiple generations. And the way that they're thinking about money is entirely wrong. And not only is it entirely wrong, but there are Laws in place which highly benefit banking through life insurance contracts. So there are major philosophical shifts and mechanics. And what I would say is architecture or the programs that are people are running financially that will change their entire psychology of how money works.
One of the reasons I really love this, Seth, is that it's like being in a dark tunnel and you're all ready to come out in the light. And what people appreciate is oh now I see oh Now I understand. And it's kind of about what the herd mentality has done to us. They've kind of dummied down the people. We don't have the education we once had about at our fingertips about money. And once they start getting that, it's just like a our minds are sponges. They just soak this stuff up and there's no gap. There's no stretch of your imagination. It's just ABC. And it's the math two plus two does equal four, you know. So it's very refreshing. It's easy to understand. І all of sudden becomes exciting, encouraging. to learn this stuff.
So I think when they get there we have an offer to meet with me, which is that exploratory phone call. And that's a personal one on one phone call with me where we get to talk and this is where I have a lot of fun with people because I love meeting new people. I love to hear their situation and laugh or cry, whatever the situation is.
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Chapters
8 chapters
1
Why do most people chase money instead of learning how it really works?
0:01–2:23
2
What is the 90‑day private‑banking roadmap and how does it get started?
2:23–4:59
3
How does the concept of “money velocity” change the way wealth is built?
4:59–7:55
4
What are the common misconceptions about financial education versus products?
7:55–10:48
5
How does the exploratory strategy call reveal a client’s financial psychology?
10:48–13:55
6
What does a “test‑drive” of a private‑banking plan look like for a client?
13:55–15:26
7
Why is controlling your money more powerful than simply owning assets?
15:26–15:46
8
How can listeners create their own private bank without relying on traditional advisors?
15:46–16:06
Speakers
2 identifiedMore from Private Banking Strategies
Building the Framework for a 100-Year Family Bank | Episode 177
The First 90 Days: How to Activate Your Family Bank | Episode 176
The Biggest Wealth Mistake Happens Before You Even Invest | Episode 175
Stop Guessing With Money—Follow a Proven Wealth Blueprint | Episode 174
Why Wealth Begins With Better Cash Flow—Not More Income | Episode 173
Why Wealth Protection Comes Before Wealth Growth | Episode 171