In this episode, co-hosts Holly and Nate discuss how her perspective on money and life has changed since her cancer diagnosis. They encourage listeners to live a life they love today, rather than waiting for a future that is not guaranteed. Holly emphasizes the importance of waking up every day and choosing to do what you love, understanding your purpose, and being in God’s will. They discuss the significance of relationships, the dangers of seeking control, and the freedom that comes from surrendering to God’s plan. They also highlight the benefits of implementing Infinite Banking and having a financial plan that aligns with biblical principles.
Key Takeaways:
- Live a life you love today, rather than waiting for a future that is not guaranteed.
- Wake up every day and choose to do what you love.
- Finding your purpose and being in God’s will brings fulfillment.
- Prioritize nurturing and investing in meaningful relationships.
- Instead of striving for control, focus on managing stress and avoiding burnout.
- Integrating Infinite Banking into your financial strategy offers both freedom and security.
- Crafting a financial plan rooted in biblical principles can lead to lasting benefits and peace of mind.
Episode Resources:
Gain FREE access to our Infinite Banking Course here
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LIVING WEALTH PODCAST
DOLLARS AND NONSENSE: EPISODE 234 TRANSCRIPTION
Nate Scott [00:00]:
In this episode, Holly and I sit down to discuss how her perspective on money and life in general has changed since her cancer diagnosis. And our goal is to encourage you to live a life that you love today as opposed to waiting for a future that is not guaranteed. She’s Holly, and she helps people find financial freedom.
Holly Reed [00:21]:
He’s Nate. He makes sense out of money. This is Dollars and Nonsense. If you follow the herd, you will be slaughtered.
Nate Scott [00:30]:
All right, everybody, welcome back to the show. And Holly, welcome back. It’s been a while, and it’s fun to have you, have you back on the show and, you know, here to talk about just some things that have been going on in life and on more of a personal basis. But, you know, our goal in this episode is really– and we’ll just, we’ll just have a chat, and I’ll ask you some questions on how things have been changing since you were diagnosed with cancer.
And there’s anybody who’s going through dramatic transitions or crises or traumatic events in general. What’s most important to them becomes more glaringly obvious than ever before. And with the passing away of Ray, last year, alongside getting diagnosed with cancer and going through treatment and everything, it’s a total life change. And you’re not the only one in the world who goes through it.
Nate Scott [01:30]:
We all go through it at some point. We’re all impacted, whether it’s ourselves, whether it’s people we love. And I’m just saying that what I would like to do is use your story, your testimony, as an encouragement to everyone else that says, hey, don’t put off forever creating the life that you want to be living, because for none of us is the future guaranteed for our family, for ourselves. And so that’s really what we want to dive into today, is just have this, you know, an open discussion on how things have changed. So go ahead, Holly. Give the listeners, like, some background to the past year or two. Just give us some background.
Holly Reed [02:12]:
So just a little background, in December 2022, I was diagnosed with stage two cancer. And I had different options of either pursuing a traditional way with a 30% chance of recovery or remission, or I chose an alternative path. And partly that’s because of my outlook on life. And the reason being is because I was told for 18 months I’d basically be in my house, isolated or maybe in the sun a bit outside or this or that. But I couldn’t travel. I couldn’t be around large groups. I couldn’t really do any of the things that I did.
Holly Reed [03:13]:
For me, it was killing the good cells as well as the bad cells with a 30% chance. So I chose an alternative route. Then in November of 2023, my prognosis went to stage four. And the honest truth in that isn’t because of anything I did or they did or it didn’t work. The reality is they don’t know what stage I was at because nobody did. So I still feel, though, and I say this a lot to people, I think I look healthy.
Holly Reed [03:57]:
Even with my diagnosis, nothing has changed in the sense of what I’m able to do physically, mentally, emotionally. The biggest change or the biggest outlook was for me, it’s not that money is important. It’s about waking up every day and choosing what you like to do, that this is what you’re doing, that you value, that you understand, that this is your purpose or your calling.
If you’re not in God’s will, in my opinion, then you’re not in the safest place you’re supposed to be. And I feel like I am in God’s will and I’m doing what God’s called me to do with my own life and had to ask, do I love what I’m doing? Do I want to change what I’m doing? And what does that look like? And it meant being very authentically vulnerable and honest with the people on my team and my family and those closest to me, but also that even employees, because I can’t operate the same way that I was operating.
Holly Reed [05:07]:
And I did have to make some lifestyle changes and things like that. So I get asked every appointment, are you depressed? And are you in pain? Which those have always been no, there’s never been that. And so I think in that hindsight, yes, I have this diagnosis, but it doesn’t define who I am, because the reality is I realize I should be living my life that way every day. We’re not promised tomorrow, we never are.
Holly Reed [05:52]:
And so if we’re living our life, I’m going to do that tomorrow. I’ll take care of that tomorrow. I’ll start planning for that tomorrow, in my opinion, or I’ll ask God what his will is tomorrow. I’ll be obedient tomorrow. It’s just an excuse to continue to live your life the way you want to live it, versus surrendering and being in the will of God.
Nate Scott [06:17]:
And potentially in my life that’s kind of showed up, avoiding uncomfortable conversations that are necessary. There’s always plenty of time later on for uncomfortable conversations, but, like, you know, and making uncomfortable changes. And that’s one of the things that, you know, I fall prey to as well. What I’ve found is that in life, if there’s risk in everything we do, there’s uncomfortability in almost everything, every opportunity that comes our way. And at the end of the day, we have this one life to live.
Nate Scott [06:54]:
You can live to age 100, you can live to age 40, you can live. I mean, no, only God knows, like, how long this life is going to be. And I feel like we can waste so much time without ever envisioning what we want our life to look like, just falling. Like, you know, you get married, you go to school, you get a job, you get married, you have kids, and life just passes by. And sometimes it takes a medical diagnosis. You talk to everyone who’s gone through something like this where suddenly your real priorities become your only priorities.
All this other stuff that was keeping you from living the life and creating the life that you actually want to be living, all of that stuff feels way less, way less, way less important. And the question is, why do we wait for an emergency or a crisis to take place, to start taking actual control of what we want to be doing with our days and with our life? And that’s, of course, one of the, you know, the issues we have with the idea of retirement.
Nate Scott [07:58]:
And we’ve talked about it on the show many times. Like, people are trying to suffer through the current time for a retirement that’s not even guaranteed. Like a life that might not even make it. And what so instead of retirement being the mission of your whole financial and working life, have it be just a natural end point to a life that you wanted to live the entire time anyway, to a life that you didn’t even ever need to retire from. And of course, that’s one of our missions.
But I’m just saying that from your perspective, that’s becoming more and more clear. Let me ask you this. What has become more and more clear, if, you know, in your life since you were diagnosed that you don’t really think would have been more clear until we went through all this and even with Ray passing and things like that. But like all of the last couple of years/events.
Holly Reed [08:56]:
I think that what became very clear is what I value in life, taking accountability for where do I want to spend my time and how do I spend this time? And in that clarity, also choosing to surrender every day to the will of God. I don’t think without this diagnosis I would have stopped and started to think and plan intentionally for the future. I’ve said it, for me, it wasn’t about, do I have enough life insurance? That was okay.
But have I done everything I wanted to do that God’s asked of me? Really? Have I poured into the people that I feel like God’s asked me to pour into? Have I mentored? Have I spoken the truth? And for me, I think the reality is that, Nate, you said we put off the hard conversation, really, because we don’t want to deal with it or we take today for granted. We really don’t have a sense of urgency. Like, the economy will turn around. This is just a passing phase. I’m just gonna do this, and then tomorrow it’ll be different.
Holly Reed [10:31]:
Instead of understanding, we say this like, and I say this like, we say in infinite banking, you have to change the direction of the money away from you, back towards you, right? With any emergency or any crisis in your life, you basically have to change the direction of your life into moving forward with an intentional purpose and a direct purpose. And so I’m just gonna say, you have to start taking accountability.
What do you value in life? And for me, if I’m not doing things that I value in my life, then why am I doing that? Why, you know, could I just sit and watch tv all day, or can I go out and change people’s lives and follow a mission that I believe God called us to, which is breaking bonds of financial freedom? I could not do anything. And I still think as a family, we would be okay.
Holly Reed [11:38]:
And the reality is, that’s not what I want my legacy to be. You start also, what do you want your legacy to be? And what do you want people to say about you?
Nate Scott [11:48]:
Yeah. And how do you, whenever you said, okay, what do I want my legacy to be? Was there any, like, specific, like, practical things? You said, I want to change. I want to change this because I don’t. I want to have this legacy, like, I’m going to make this change. Was there anything that you can think of that was like, a practical “this one I’m going to change that I wasn’t doing before that I need to be doing”.
Holly Reed [12:10]:
So one of the biggest changes or transitions for me was am I just going to sell life insurance? Am I just going to sell IBC and take that on, or what is my passion in that? And discovering, like, I enjoy the client development side, I enjoy the meeting with the– now they’re clients, what stages of commitment are they at? How do we get them there and what do they need to be? And if I want to be that person that is intentional in the relationship. We often say, you need to call us, you need to bother us, but instead it’s been an intentional change. And, no, okay, I’ll meet with you quarterly.
Nate Scott [13:05]:
So, like, instead of, like, kind of put it back to you, it’s like you’re saying, instead of me taking on a bunch of new clients and trying to seek out, you know, a whole bunch of, you know, just to sell more policies, get more people involved, it was like, I want to go deep with the people I have. Like, I want to build a deeper, more meaningful relationship. And I feel that there’s no, there’s no doubt, you know, like, hey, what was the point of bringing on a whole bunch of new people? What was the point of trying to get a whole bunch of new clients?
Was it to make money? Well, why? In other words, like, all of these existential questions start to come up, what’s the point? I have enough. We’re going to be fine, or whatever it is. We can change our life. But what I want to do is, what I’ve noticed is that instead of things being about what can I do to make more money? It becomes, what can I do to make more impact? And like, money becomes like, well, yeah, we need money to live, but I mean, at the end of the day, it’s not, I’ve noticed this in my own life, just by the way, especially since Ray passed, and different things like, yeah, money, it’s like a vanity metric. Like, yeah, it was, it’s fun to make money, but only to a certain point.
Nate Scott [14:28]:
And then it becomes more of a vanity thing where at the end of the day, I agree totally. And that’s why we’re kind of, we’re setting things in motion and living wealth to kind of make some, to be able to scale up. But in a way that’s not just all about, it’s about creating more impact at the end of the day, being able to do things that create more impact where, you know, I could, my income could go way down. And I remember back when I wasn’t making as much money a few years ago as my income has gone up lately, and I was happier then than I am now, you know what I mean?
Like, it’s just I haven’t had, like, a medical crisis per se to help me realize this. But it’s more of been, you know, maybe with the passing of Ray and things on the side, just, you know, you get more and more responsibility, more money, more problems, and at some point you end up sitting here like, yeah, it’s not about the money. Like, yeah, we need money to live, but apart from that, money doesn’t fulfill. And, you know, that’s kind of what I heard from you, essentially saying, like, yeah, I want to, I want to have built fulfilling relationships with clients more than I want to, like, try to go bring on a whole bunch of new clients and sell a whole bunch and, you know, knock the doors down. So anyway, sorry for interrupting.
Holly Reed [15:47]:
No, we can, but that’s really good because what’s coming about is I want to impact families and individuals and people Living Wealth as a whole. There’s pieces of, there’s new families and stuff like that. But what we have right now, or what has been built right now, I want to establish those relationships and, and I’d say relationships, not, you’re just a client, one and done, really a relationship. And how do we process and really develop that?
I’ll be that person that says, hey, here’s where we want to go, where this is like, I’m changing that attitude of where do you want to go? Not where I want them to go, where do they want to be on that commitment and how do we get them there? And I think that, I’m just going to say with the money aspect, I think you neglect relationships when your focus is solely on money. And if anything, the biggest impact is change. What has changed is that I used to have one goal: I want to earn this in one year, and that’s completely changed to I want to impact this many families or individuals in one year. And we neglect relationships when, in my viewpoint, when we’re focused on, yeah, I think you’re right.
Nate Scott [17:20]:
I think you nailed it as far as relationships. Anytime you go through some sort of crisis, you realize relationships are almost all that matters. Like, at the end of the day, like, that’s what matters. Everything else is like a distraction to building meaningful, fulfilling relationships with people that you care about, whether, of course, with your family and friends.
Nate Scott [18:16]:
But even in work, even in wherever it is you work, whatever it is you do, having meaningful relationships, that’s what keeps people even in jobs. I mean, all of these, like everyone says, people don’t leave jobs, they leave bosses. And that’s right. Essentially, they’re saying, hey, I don’t like this relationship, so I’m leaving to go find a relationship with somebody else, because I don’t, you know, deep down, whether we, we just give lip service to it, like, or we distract ourselves away from it, at the end of the day, relationships are all that actually matters. It’s funny, we all know this, we just don’t live it. Like everyone says on their deathbed, they look back at their life and they–
Nate Scott [19:06]:
The one thing no one, almost nobody cares about is, man, I really wish I had worked more hours and saved more money and been richer. I’m sure some people probably do. I’m just saying for, like, that, that would be that the outside of the bell curve, like everyone else in the main bell curve, is like, I wish I had spent more time on the relationships that I had in my life. Like, I wish I poured into more people, spent more time with the people I care about. And sometimes we need this shock to help us realize it. Sometimes it’s a health crisis, sometimes it’s like a go ahead.
Holly Reed [19:40]:
I think I needed the shock just to intentionally make changes, being intentional in every decision that you make and why you’re making it. Because if you– I don’t think Living Wealth or even myself would have progressed to a point of, I loved what I did, but I didn’t like everything that I did and being able to say and having the freedom, no, I don’t want to take that on. No, I don’t want to be in this role and being that intentional.
To say that, like, no, I don’t want to do that. And if it hadn’t happened, I would have kept going full steam ahead. I can take that on, I can do that, and it wouldn’t have been about me and something I was very happy, passionate about. I would have done it because I could do it, and I think I could do an okay job or a good job, right?
Holly Reed [20:39]:
But there’s actually somebody better out there that will do even a better job than me having to take a step back and say, no, I shouldn’t be in that role. I shouldn’t be doing that. I should be doing this.
Nate Scott [00:20:54]:
Exactly right. And I remember, it’s as we mature in life and in career, we start to realize that we are seeking, all of us can seek control and power and money and all of these things that are technically vanity. I was talking, I had coffee yesterday with a guy that serves in ministry, and I don’t know if he listens to the show or not.
You know, he made a mention that there was a time in his life when he was leading campus ministry through the organization crew for a while, and he was leading all the Bible studies and, you know, leading all, like, everything in this Kansas city area, what we’re in. Like, he was leading it, and at some point he realized, like, it was robbing him of life to be in that position.
Nate Scott [21:55]:
Like, it was bringing stress, it was bringing anxiety, and he didn’t even. It wasn’t even bringing fulfillment. So he made a change in career and in the new space that he’s in, it’s no longer him wanting to be in a leadership role, taking more on. He’s actually consciously saying no, when I made a change, I signed up to do this job, and I want to do it really, really well in this role.
Nate Scott [22:29]:
And when people are like, well, can you help us with this? Can you take over this? Can you do this? Even if it’s like a promotion, even if it’s like, maybe you would earn more money or maybe you have more control. He’s like, no, that’s not what I want for my life at this point in time. And I took that to heart. I’m like, yeah, I’m living that same thing. You know, even here. Like, I’ve taken on roles and responsibilities that I don’t even want. They were vanity roles. There were vanity metrics.
Nate Scott [22:55]:
It was like, I want to have a team that accomplishes things, as opposed to me just trying to do everything. And that’s kind of what I hear you say, too, is like running a business that, you know, that you and I are, and others, of course, but, like, you and me are running this business, and we’re like, yeah, I can do that. Yeah, I can do that. Yeah, I can do that. It needs to be done. Yeah, let’s do that. Let’s do that. Let’s do that.
Nate Scott [23:14]:
And suddenly you find yourself in a whole bunch of different roles that most of them don’t bring any fulfillment. They just have to be done. So the question is, like, why did you accept it? Why did you do it in the first place? I don’t know. I wanted to be in charge. I wanted to have control. I didn’t. I didn’t trust anybody else.
Nate Scott [23:33]:
I mean, it was gonna cost money to hire somebody. I mean, we could go down the list, and all of those things, at the end of the day, don’t mean anything at the end of the day. It takes sometimes a crisis to shock you and to be like, oh, yeah, all of that. That was pointless. I shouldn’t have ever accepted that role. We should have brought somebody else in to do that role.
Holly Reed [23:54]:
Yeah, 100%. I think the biggest thing is the control. And if I could say one thing to encourage people, whether you’re going through a challenging season or you’ve come out of one or a crisis, is we can’t control life. And if anything, the more hands and stuff we try to control, the more out of control it becomes.
Nate Scott [24:30]:
You nailed it. I’m actually preaching this next Sunday at our church, and that’s actually, like, the message I’m going to preach is this idea that we think that if we are in control, and especially if we’re in control, we can control outcomes. But in reality, like, a walk with the Lord, is how much control of an outcome can I give to the Lord and instead do what I’m called to do?
So, like, our focus, instead of trying to be in control, the more things you are in control of, the more stress you give yourself, the more out of control things become. And, yeah, we all learn it at some point, but the more you are kind of freely open with controlling things in your life, like, I’ll take it. Like, controlling kids. Like, we love to be in control of outcomes, so all of us dream of an outcome, and we could do it financially, too, which I’ll talk about.
Nate Scott [25:25]:
But, like, let’s say with kids, we have, like, an outcome for our children that we’ve already envisioned in our head that we think is going to be a successful outcome. And whether that outcome, if a child achieves that outcome, we feel like we did a good job as a parent, and we’re proud of that child. If that child does not make it to that outcome, then we feel like we did a bad job as a parent and that child’s not doing well.
And essentially what we’re saying, so what we’ll do, because we have this outcome in mind for our children, we will try to control things in their lives to steward them into the outcome that we have set up. But what this actually brings heartbreak. Like, instead of your focus being on, I want to be a good parent. Like, I want to be a loving, safe place for my kids. I want to do a good job as a parent.
Nate Scott [26:19]:
Instead, it becomes outcome oriented. Like, it becomes like I have to achieve this outcome as opposed to just being a good parent. So. So then whenever you start to control the outcome, you start to become a bad parent. And like, well, that wasn’t ever your intention. And this is one thing I’ve been learning, of course, too, in my own life, is that the more in control you want to be of, especially of outcomes, the less vibrant your life will be, the more stressed and anxiety you’ll feel. And the same thing applies to money.
Nate Scott [26:49]:
Like, the more you feel so tight, like, you want to be in control of everything that happens with money, the more stress and anxiety. Now, I should say that if you’re out of control with money, yeah, you may feel a whole bunch of stress and anxiety as well. So, I mean, there’s that and the same thing with parenting. Like, if you’re out of control as a parent.
Yeah, I mean, there’s bad on either extreme, is what I’m saying. Being, like, super tight, super in control, or being out of control, both of those are not good. But, like, there’s a healthy road where you do what you’re supposed to do each day, with your money, with your parenting, with your job, and the outcome, you start to leave in God’s hands by faith. And that’s the walk that we’re called to do well.
Holly Reed [27:35]:
And Nelson even says in his book, like, that, you, in life, you should do two things, right, even work wise. One, IBC, right? Like being your own baker. And in a way, we like that system. And in a way, because we say you control your money, right? It’s not somebody else controlling it, it’s you having the ability, basically, to do that. And the other thing is what you love to do in life. And so I’m going to say, if you’re not doing what you love to do, then you need to find out what that is because you won’t be happy. And it is a control thing.
Holly Reed [28:17]:
On the same hand, if you have no boundaries and you’re not living within your means. Nate, really, that’s what we’re saying. With the out of control spending or this or that, then you have to choose to make a change and be disciplined in that change.
Nate Scott [28:33]:
Yeah, you’re right. This is being too tight, too much in control and out of control are going to lead down bad paths. But that’s why it’s a fine line. Like in business, the more we feel safe, the more control we have. And that’s the same thing goes in parenting, in life. Or at least that’s what we think.
Nate Scott [28:56]:
It’s not even the way we think, it’s the way we feel. We feel safer if we control things. But as you already brought up, the truth is, the less you try to control things, oftentimes the safer things wind up being. Partly because you’ll bring in, like, new leaders and things now. And things can go wrong, there’s no question. But things can go wrong if you’re in control, too. Like, as we’re trying to say, like, you go wrong no matter what.
Nate Scott [29:22]:
Whether you’re the only one who’s in control or whether you’re not. And I think you brought up a good point, too. Just like life is just– If there’s one mission I have that is bigger than infinite banking, it’s that we have this one life. Don’t live it doing things that you don’t want to be doing for the rest of your life just to earn a paycheck. You will one day get to the end of the road, whether it’s a crisis that happens or whether it’s just getting old. And you will look back and no one ever regrets, like, the amount, like spending–
Nate Scott [30:02]:
I wish I had spent more time working all this. They actually often will regret the things that they didn’t do. That’s what you hear over and over again. I didn’t make the career change. I went the safe route. I didn’t take any risk. I didn’t.
Nate Scott [30:18]:
I did all my life with just with the idea of being safe, as opposed to stepping out in faith to do what I feel like God’s actually calling me to do and be. I just chose the safe route. I’m preaching to the choir here with me, you know what I mean? Like, God’s been working on that in my life. Like, Nate, it’s time for you to wake up, you know, and start working on things. Not to control the outcomes. We don’t get to control the outcomes. We’re supposed to give–
Nate Scott [30:46]:
It’s like we are the ones who break the ground. We sow the seed, but we don’t bring the rain, we don’t bring the harvest. There’s things that we’re supposed to do, but there’s things that God is supposed to do, and we let God be God, and we just do the work. My dad makes a joke. He’s a pastor, and he makes a, it’s not even exactly a joke, it’s just a statement that he tells people, hey, I’m not in management. I’m in labor, in the christian walk.
Nate Scott [31:17]:
Like, I just do what I’m told. I don’t decide the outcome. I don’t make the rules. Managers are in charge of outcomes of the team. Like, they’re driving towards a set outcome, but the person doing the job is just responsible for the labor. The job, do the job well.
Nate Scott [31:38]:
Whether the outcome is what the managers want or not is totally different. So that’s the idea in life that I’m trying to implement is, hey, I’m not in management, I’m in labor. I don’t decide, I don’t control the outcomes. I don’t even necessarily decide what the outcome is supposed to be. I just know what I’m supposed to do on a daily basis. And if God’s, like, calling you to make a big change in your life, do it. You’re in labor. You’re not in outcome management. You’re in labor. You’re in the listen and obey world.
Holly Reed [32:10]:
And I think you’ll find freedom in that where often when we try and control stuff, there’s more stress. Like you said, burnout. I’m going to get burned out. You’re not really enjoying it, but you’re doing that thinking you’re creating more freedom. Instead of when you’re walking and you’re the laborer, somebody else is responsible for the out God, really, all you’re doing is being obedient to what he’s actually to do that day, that hour, that time, and the trust that you have, the security that you have, the freedom. And I’m saying that genuinely, like, the amount of freedom I felt was such a devastating diagnosis. Honestly, it has really changed my family’s life, my perspective on business. There’s so much more freedom now than prior to this happening.
Holly Reed [33:17]:
And I think part of that is because, like Nate said, I don’t have to plant the seed, water the seed, harvest it, nurture it, all that. I have one component that I’ve been asked to do, and that’s what I’m responsible for. Whether the outcome is up to other individuals, is up to God, is up to people being obedient. And really, the reality is, like, I’m going to tell you, if you get nothing more out of this, then figure out what you love to do and what you value. And if those don’t align, a change needs to happen.
Nate Scott [00:34:00]:
Yea犀利士
h, 100%. Yep, absolutely. And yeah, I mean, at the end of the day, the idea is this, don’t wait for a midlife crisis, existential crisis, health crisis, family crisis, to suddenly wake up and decide that you want, that the life you’re living is not what you want to be doing anymore. And I mean, that’s the one, the one message that I’ve gotten from it that I can almost live vicariously through you or through even Ray passing or all these other things I’m seeing. Man, life is so short to get your priorities mixed up.
Nate Scott [34:46]:
Oftentimes we get our priorities mixed up when we want to be in control of things that we shouldn’t be in control of. We get our priorities mixed up whenever we want to achieve things that don’t matter, but that we are seeking, as I said, maybe like a vanity thing, like making a ton of money. Some people, that might actually be a reasonable priority based on how their brain is wired. But I feel like for me, it’s not how my brain was wired, but it’s what I was seeking after because I thought I should be. But it wasn’t real, it wasn’t authentic. And you get burnout whenever you’re not being authentic to how your brain is wired. Some people are just built to be super high achievers, and like, if they’re not achieving, they won’t feel fulfilled. Like, great, good for you.
Nate Scott [35:32]:
It’s just not, it’s not for everybody. That’s one of my issues with, you know, some of these self development books and leadership books and all these other things where it’s like, well, just give, at least give a little bit of credence to the fact that not everyone is the same. So you have to, you have to engineer your own, your own goals, your own agenda.
With that being said, you know, as we’re about to close down, I guess, just to kind of do a quick plug, like, what about you being involved with infinite banking over the last 15 years, or more like almost 20 years, has been, has your, has your perspective on what you do and the infant banking concept as a whole. Has that changed at all since you were diagnosed, you know, with cancer a year and a half ago?
Holly Reed [36:22]:
I’m gonna say yes, but one of the biggest things that I, and I still say this, and I would say this to clients, is you have to start somewhere, right? And I’m so thankful that we did start years ago with, what do you want to plant the tree, you know, 20 years ago, not today. But it doesn’t mean you stop planting the trees either, on the same hand.
But I would say that I’ve had the freedom, because of IBC, to be able to do alternative treatments, to be able to not worry about financially what’s gonna happen with my family or my kids, to know that there has been a path that has already been set up. If anything, it’s more of an urgency of continuing the education with my own children and things like that.
But I would say that it also gave me the freedom to know I wasn’t worried if my money was in a stock, if my money was somewhere else, is it going to be there? That’s never been the word at all for me. I think the other benefit is that I realized I have policies I’d still come by life insurance with, even though I am uninsurable and will probably never be insurable in my life.
Holly Reed [37:55]:
Which was very different from my dad because of paid up edition writers, because of flexible protection, where I don’t have to go through medical underwriting. And so if I want to in the future that’s still there, I’m going to say, also I’d realize the benefit of having just the freedom to say, hey, can I take the loan out from my policy and not have anybody question me about when or how or if I’m going to repay it or whatever it may be or what’s it for? Very, very significantly.
I mean, I have no problem saying that when I started making changes, my income changed, but my quality of life and what I feel our clientele’s future looks like is even better. Even though my dad had said this, I’m making less money, yet I’d have more freedom, and I’d have more financial freedom in that sense, because of strategically knowing and understanding not only IBC, but where do I want that commitment to be when I graduate from this earth? Where do I want my family to be at on the IBC commitment level and as a family, asking, where do you, where do we want to be so that I can look at things differently instead of hoarding it all to myself.
So I hope that makes sense. But the reality is, without IBC I wouldn’t, I couldn’t have done alternative treatments. And I don’t think without IBC and the implementation of it and the discipline of living within your means, paying yourself first and stuff like that, I think it would have created a financial crisis as well within my family that we haven’t.
Holly Reed [39:55]:
Nothing’s changed in that sense. I think it was the letting go of knowing there was a plan in place, that all we had to do was follow it. And so for that, I am extremely grateful that I have that. Not that I just have life insurance, then I actually have a financial plan that is not dictated on what a financial advisor said, but it really is dictated if you really–
I’ve had to go back and look at biblical principles, not only like tidying, but paying yourself first and all these things. So workers worthy of the wages become a very big impact in my life. Because I think oftentimes we think we’re not worthy of something but you are. If you’re in the will of God and you’re doing what you love irregardless and you’re working consistently and growing, you’re worthy of that wage. And understanding that God wants to pour out less, oftentimes he can’t because we’re not willing to.
Nate Scott [41:12]:
That’s 100% true. Thanks for that, Holly. It’s awesome. Let’s go ahead and wrap it up. It’s been such a pleasure to have you back, Holly. And we are praying and we will continue to pray that God would bring forth complete and total healing. But no matter what, we can turn things into good by what we learn in every experience. And that’s definitely what you’ve been doing. And you’re a light to other people that are going through similar things, which I know means a lot to you.
Nate Scott [41:34]:
But with that being said, let’s go ahead and shut it down. Thank you guys so much for being here. This has been Dollars and Nonsense. If you follow the herd, you will be slaughtered. And always remember that if you’d like to learn more about infinite banking, we have a free course on our website. Go to livingwealth.com/escapethebank and you can sign up for free and take what I think is probably the best course on infinite banking that you can take from start to finish on understanding the ins and outs of what this whole thing is. We hope to see you guys there.
Holly Reed [42:09]:
For free transcripts and resources, please visit livingwealth.com/e234
