
Weiss Advice
Weiss Advice
How Infinite Banking Changes Everything with Jim Oliver
How would your financial life change if you stopped being a consumer and became the owner of your banking system? In this episode of Weiss Advice, Yonah speaks with Jim Oliver, founder of CreateTailwind and advocate of the Infinite Banking Concept. Jim shares his journey from poverty to financial independence, emphasizing the significance of controlling the banking function in your life. Through real-life examples and analogies, he explains how velocity, ownership, and mindset can radically alter your financial future. Jim also introduces the principles behind Infinite Banking and the importance of breaking away from conventional thinking about money, taxes, and legacy building.
[00:01 – 06:17] Own or Be Owned
- The importance of motion in money and why stagnation leads to loss
- The significance of financial ownership vs. consumer mentality
- The lesson Jim learned at age 13 while working in a casket factory
[06:16 – 12:38] Turning Headwinds into Tailwinds
- The idea behind "CreateTailwind" and how financial systems work against you
- How to recapture the 34.5 cents lost in interest from every dollar earned
- The concept of velocity and using your own financial system for growth
[12:39 – 18:53] Infinite Banking, Explained
- How Infinite Banking works through whole life insurance policies
- The concept of leveraging your cash value while it continues to grow
- Building assets and legacy simultaneously
[18:54 – 24:41] Breaking from the Herd
- Why more people don’t use Infinite Banking or tax-saving strategies
- The role of coaching, education, and mindset in financial success
- How ownership shifts perspective from fear to confidence
[24:42 – 30:44] Legacy, Freedom, and Ownership
- The five shifts Jim outlines in his new book Owner Shift
- Personal lessons about health, aging, and continued growth
- What success and freedom really mean
Connect with Justin:
YouTube: https://www.youtube.com/createtailwind182
LinkedIn: https://www.linkedin.com/company/createtailwind/
Facebook: https://www.facebook.com/createtailwind
Instagram: https://www.instagram.com/create_tailwind/
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Tweetable Quotes:
“If water doesn't flow, it becomes stagnant—and if money doesn't move, it dies.” - Jim Oliver
“You either pay someone else interest, or you give up the