These are the references and resources discussed in Stop Being Poor
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BOOKS
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by R. Nelson Nash
The fundamental book for learning privatized banking from its creator, Nelson Nash. If you want to learn more after reading Stop Being Poor, this is the book for you.
Stop Being Poor: and Learn How to Free Yourself from the Banks
by Marc Solomon
The book that brought you here. A step-by-step introduction to the Privatized Banking, most questions that get asked, and how to get started.
iBooks/Nook/ePub users: If you need the .epub format, please use the contact form to order.
How Privatized Banking Really Works – Integrating Austrian Economics with the Infinite Banking Concept
by L. Carlos Lara and Robert P. Murphy PhD
A comprehensive introduction to the history of money and monetary development in the United States. Ties directly to the implementation of privatized banking as part of the economic revitalization of the USA.
Building Your Own Privatized Banking System: Educating Americans on the Purpose of Specially Designed Life Insurance Contracts (SDLIC)
by John E. Moriarty
An excellent nuts and bolts breakdown of how insurance is used in privatized banking and how to compare it to financial solutions.
A Path to Financial Peace of Mind
by Dwayne Burnell
Several clear examples of banking solutions, including the story of his daughter.
Busting the Interest Rate Lies
by Kim D.H. Butler
Contains the great 15 or 30 year mortgage comparison as well as other real-world examples of how to use financial knowledge.
DEMAND BANKING ALTERNATIVES
This platform provides a way to store your “ready access cash” in the form of gold and have it readily available via a prepaid Mastercard debit in USD or EUR.
For those of you who are interested in cryptocurrencies, Coinbase is a notable player for purchasing Bitcoin. Linking the SHIFT prepaid Visa card to your Coinbase account, you can use Bitcoin as a demand account.
GUIDES TO HELP YOU SET UP YOUR OWN PRIVATIZED BANK
MyFreedomBank is the home of the author of Stop Being Poor and is a Nelson Nash Institute certified practitioner of privatized banking. Contact us here.
For those who would like to locate other potential Guides currently certified as practitioners from the Nelson Nash Institute, the Practitioner Finder is for you.
ARTICLES AND RECOMMENDED READING
Why a 15-year mortgage is more money efficient than a 30-year one
Check out Kim Butler’s analysis in this short YouTube video. Chapter 3 of her book “Busting the Interest Rate Lies” discusses all the details. You can order it from the book link above as well.
Response to “Buy Term and Invest the Rest”
Here is a link to the Lara-Murphy report September 2012 issue by Dr. Robert P. Murphy. The article is on page 6. Please subscribe to it at lara-murphy.com if you want a global economic analysis from a Privatized Banking viewpoint.
STOP BEING POOR BOOK UPDATES
25 April 2017: The softcover (paper) version is available for order on amazon.com.
28 April 2017: A minor update to the Kindle version is available. Go to your Kindle library page and download the update.
23 December 2022.: After more and more changes to the laws, in this case the SECURE 2.0 Act of 2022, the age of Required Minimum Distributions (RMD) from Qualified Plans have changed (and will keep changing). Beginning in 2023, the age to start taking RMDs goes from 72 to 73 Beginning in 2033, it goes up to 75. The good news, if any is that the SECURE 2.0 Act reduces the “failure to withdraw” penalty to 25% in all cases. There is also also some relief if you make up the difference in time. You’ll need to consult your tax professional to make sure.