[00:00:00] Intro: Welcome to Private Banking Strategies Podcast with Vance Low 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 and asset protected tax-free fortress for their families.
[00:00:21] Intro: 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 onto the show.
[00:00:47] Host: Hello and welcome to Portfolio Pulse, the go-to podcast for medical professionals and entrepreneurs hoping to learn more about achieving financial wellness, accumulating wealth, and building the life they deserve. In [00:01:00] every episode, we either interview a purpose-driven leader or a medical professional that’s not only building a business, but giving back to the community as well.
[00:01:08] Host: And we present relevant subjects in finance today, so we’re not here just to talk about money. We also talk about meaning and maximum impact. Today’s guest is Vance Low. He has 40 years in the financial industry, and Vance has extensive knowledge in the financial arena extending far beyond his numerous accreditations, honors and accolades.
[00:01:30] Host: And for over two decades, Vance owned and operated a successful money management firm, and as an expert in the financial markets, stocks, bonds, 4 0 1 Ks and other retirement vehicles. Vance developed a keen awareness of market risks and of the market dangers that put clients hard earned money and retirement funds at risk.
[00:01:48] Host: When he discovered the infinite banking concept through his friend Nelson Nash, he, he realized that there was a far superior way to grow wealth and obtained compounding interest without any market risk. Vance [00:02:00] discovered the age old secret that the ultra wealthy and politicians, as well as banks have known for over hundreds of years.
[00:02:07] Host: Be the bank yourself. So Vance, welcome to the show, sir.
[00:02:10] Vance Lowe: I’m so thankful to be on here with you. You do such a great job with your people. I’m just honored to be here today.
[00:02:18] Host: Much appreciated. Can you tell the listeners where you’re at?
[00:02:21] Vance Lowe: I’m located just north of Fort Worth, Texas. I’m moved out of the Metroplex.
[00:02:26] Vance Lowe: I’m supposed to be retired. Don’t tell anybody, but I just enjoy what I do. I do so much that that’s why I’m here.
[00:02:34] Host: Yeah, I mean, you seem more of like an educator at this point in your career than than anything else, and I think that’s important.
[00:02:39] Vance Lowe: Yeah, an educator slash coach, just trying to help people do it themselves.
[00:02:44] Host: Perfect. Well, tell us more about private banking strategies. You know, the company that you have and what you’ve learned over the years and how that can be applied to any of our listeners.
[00:02:54] Vance Lowe: Well, thank you for reading a part of my bio there. Sure. You know, how would we [00:03:00] feel if you’ve been in business all that time, working hard for clients and then discover that you might be doing things wrong?
[00:03:09] Host: That would, that would hurt, that would, that would hurt my pride a little bit. I think
[00:03:12] Vance Lowe: that’s like steering a big ship. It takes a long time, but once it gets in the right direction, we can go down that road. And that’s what happened to me about 18 years ago. And I discovered this infinite banking concept from a client.
[00:03:26] Vance Lowe: I don’t have a lot of claim to fame. My clients have taught me everything I know over the years. Yeah. So I actually contacted his office and. Initially, the person that picked up the phone was r Nelson Nash, and I said, why are you answering your own phone? He said, everyone else is busy. So I thought I’d just help out.
[00:03:49] Vance Lowe: And the rest is history. I, I literally was tutored and taught by him and I don’t claim to know the depth of his knowledge and understanding, [00:04:00] but I. I think we came away with what he wanted to try to accomplish in life with this private banking strategy. And that’s, that’s to be the bank. Mm-hmm. We’ve given that away.
[00:04:11] Vance Lowe: Anciently in the United States, the family unit was the strongest component that made our country strong and successful because they were independent. They could do things, you know, go out in the wilderness and survive and they could build communities and that art was lost. I like to tickle people’s attention by saying We lost the war of 1900 and that’s when the Federal Reserve was born, right?
[00:04:39] Vance Lowe: Yeah, yeah. There’s a book out there called, I think it’s called The Creature of Jekyll Island. Everybody needs to read that book to find out who is in control right now. And so I’m kind of at odds or at war with the federal administration, the federal Reserves, so. [00:05:00] If we can help people get the banking equation back in their life, what is that?
[00:05:04] Vance Lowe: A lot of people wonder, why should I do this? Well, the banks always get the money back, don’t they?
[00:05:10] Host: They do.
[00:05:11] Vance Lowe: And we only get to use our dollar one time and it’s gone forever. And the cycle goes, okay, we have to go back to earn to work, earn another dollar to replace the dollars we spend. Well, there’s all kind of flaws in that.
[00:05:26] Vance Lowe: Number one, it takes, we have to earn a lot more than a dollar ’cause we have to pay the whole system all over again to net a dollar for us to use. That goes against the principle of never ever spending principle. Well, everybody around us, our whole lives have always been principle, and that’s because of the herd mentality.
[00:05:49] Vance Lowe: Just because everybody’s doing it does not make it right.
[00:05:52] Host: It’s true WA water cooler talk is a big thing. You know, like learning from your brother-in-law or a steak dinner at, you know, or Thanksgiving right [00:06:00] around the table. It’s like you hear all these things and you wanna try to put ’em to the test, but it’s not always in your best interest because everybody has their own unique financial situation.
[00:06:08] Vance Lowe: Right. You know, Warren Buffett, I’m kind of a fan of him, his, because he also has reached out to the public and tried to teach the the public one of the outcomes of. The Federal Reserve taking over the country is they eradicated this strategy and they took out all learning about money. So everyone has a concept of what money is according to the banks, and that is so the banks can get the money back.
[00:06:37] Vance Lowe: Not to help us, but to literally be a, you know, slaves to the banking system. So by putting the banking equation back in, it’s like setting up your own. Economy. Your family is an economy unit, and that’s what is exciting to me. That’s what we teach that money. [00:07:00] You get the choice of who the money comes back to.
[00:07:03] Host: Okay? So if we
[00:07:04] Vance Lowe: can get the money back, then we start living a lot of that money principles and we become successful.
[00:07:10] Host: So we know that it works. It’s been working for over 200 years, like you mentioned, and the, the ultra ultra rich use it corporations use it, big banks use it, right? So it’s, we know it’s gotta work.
[00:07:20] Host: If the big banks are set up not to fail, how can our own small economy that we generate ourselves not fail? What are some of the strategies or some of the things you can talk about that would make it possible for these listeners if they wanted to implement this? How could they do it?
[00:07:35] Vance Lowe: Well, there’s a lot of things they can do.
[00:07:36] Vance Lowe: There’s a lot of things online that we can look at. The Nelson Nash Institute is a great place to go. It’s a national institute. At the beginning I was on that board a little bit, and that board was dedicated to going around to insurance carriers. The life insurance carriers are really [00:08:00] responsible for the banking.
[00:08:02] Vance Lowe: In America, when America was first started, many companies came into existence. To meet the needs of people around them. They commingled, they co-opt, so to speak. They formed a life insurance company. It took care of death benefits, it took care of the banking equation. It took care of agency, you know, things like documents, gold, silver, you know, precious metals.
[00:08:30] Vance Lowe: They didn’t have banks back then, so that’s, you know, so we’ve tried to go back and teach, uh. The insurance people, their heritage because they’ve lost it. They mm-hmm. Do not even remember how, you know, why they came into existence. Many of ’em. So many of ’em do. And fortunately, those contracts that formed the perfect private [00:09:00] banks still exist.
[00:09:01] Vance Lowe: And this is what we wanna announce to people. They exist. All we have to do is show you how to organize it, put it together, and then you get to choose who ends up with the money. At the end of the day,
[00:09:13] Host: hopefully it’s you.
[00:09:15] Vance Lowe: Hopefully it’s us and then they discover, well wow, I don’t have to spend principle anymore.
[00:09:20] Vance Lowe: ’cause we show people, if we can get back 100% of your monthly expenses mm-hmm Every month, then you’re not spending principle. You can obey that law. Alright. So that’s exciting. Oh, also, in your economy, if you’re running your own private economy, you do not trigger any legal taxable events. That’s huge. Now to get it into your economy.
[00:09:46] Vance Lowe: Yeah. You have to pay your taxes. And if you’ve got new money coming from outside sources coming in, yeah. Those taxes have to be paid. ’cause we’re not trying to skirt the laws at all. Sure. But inside your economy, you, you know, we show people, well, [00:10:00] this is the fun part, this is the, the payoff for us. You said in our bio and this, we a hundred percent believe that growth without risk, without any market risk or economy risk, the only risk is the person looking back at you in the mirror.
[00:10:15] Vance Lowe: Now we have to, we try to tell people we have to divide you. That person in the mirror’s got to be someone else. It has to be in this instance, your client. So if you have trouble with that, replace ’em with my picture or someone else’s picture. They’re in your house, eating your food, playing with your toys, kids driving your cars.
[00:10:35] Vance Lowe: Wouldn’t you want them paying for their fair share? And that’s what’s missing. Okay. So they get that set up, they go forward and all of a sudden when they put the banking back in, in, they can use a dollar over and over again. ’cause it keeps coming back. So the lights start coming on and, and it’s, it’s such an [00:11:00] impact for me.
[00:11:00] Vance Lowe: I call it the goosebump factor. Mm-hmm. Yeah. We have so much fun doing this. Oh, you really mean that. So. Yeah. It, it, it really is that, that way. So what else?
[00:11:14] Host: Yeah, I, I, I’d like to bring up two famous people everybody should know about that have used this system, that created way more wealth than they could ever imagine.
[00:11:25] Host: The first one’s Walt Disney. Absolutely. There’s a book called Money, wealth, life Insurance that I read when I first got into the business. You know, I’m obviously, I’m securities licensed, I’m life licensed. I do a lot of different research on different topics, and Walt Disney was. Trying to create his first theme park centered around his movies called Walt Disneyland out in California.
[00:11:46] Host: And he went to so many different banks and nobody would lend him the money to go out and create this theme park that he knew would create generations of joy and, you know, different experiences for families. And so when he finally got to his wits end and said, you know [00:12:00] what, no one’s gonna lend me the money I’m gonna borrow from the policies that I’ve been putting money into for decades.
[00:12:07] Host: I’m gonna create this theme park myself. So he created his own little mini economy and then he used those funds to create theme park that we all know and enjoy today. And then he was able to create Walt Disney World in Florida, right? So he is got two now, a world the corporation does. The second person is somebody called James Cash.
[00:12:25] Host: Penny, JC Penny, right? So on when this company was on the verge of bankruptcy, he was unfortunately unable to get loans from any banks because his balance sheet looked horrendous. So he used his policies to create enough cash flow to prevent his company from going into bankruptcy, and it became one of the largest department stores globally that we all know and enjoy today, especially around Christmas time like it is now, going out and finding those last minute gifts.
[00:12:52] Host: So those are two people who have used this successfully and really know how to work it and have created generations of wealth from that.
[00:12:59] Vance Lowe: Remember [00:13:00] also Crock McDonald’s. Exactly the same thing. Ray
[00:13:03] Host: Crock. Exactly. Yep. Yeah.
[00:13:05] Vance Lowe: If it wasn’t for, you know, his self banking, McDonald’s wouldn’t exist.
[00:13:10] Host: That’s true.
[00:13:11] Host: Or he wouldn’t have been able to do all those franchises, you know?
[00:13:13] Outro: Mm-hmm. So that’s a, that’s a great point. Did that story feel like it was about you? Do you feel like you are generating a lot of revenue better, not moving forward as fast as you would like? Do you feel you should be making more? Progress toward your financial goals.
[00:13:31] Outro: Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please call private banking strategies at (817) 200-4777 or visit us at www private banking strategies com.
[00:13:53] Host: So. Let me just ask you this. You’ve been in the financial industry probably your entire career.
[00:13:58] Host: You’re still working in it right now. What is [00:14:00] your relationship with Money?
[00:14:02] Vance Lowe: Well, money, you know, you can’t buy happiness with money, but if you mismanage it, you can sure become miserable. This is true in your life, right? Wealth is knowledge, and we have to use money in our lives to be able to enjoy. Our wealth, our families and, and society, so to speak.
[00:14:26] Vance Lowe: So the proper use of money doesn’t have to be re-earn and start over every single month, like people think. So we try to introduce ’em that, to, that we have a way to test drive it. There’s a, there’s a little program. We, we probably spent 10 of the 18 years, me and a couple of other people developing a way to.
[00:14:53] Vance Lowe: Illustrate this banking strategy because it is abstract. It’s really life. Insurance in itself is [00:15:00] abstract because it’s not a product. Well, the banking strategy is not a product, it is a lifestyle. It’s a way of life. Mm-hmm. And then you have vehicles to store money to be able to use it properly and get growth to beat and or stay at inflation, beat the market, whatever else.
[00:15:20] Vance Lowe: But it’s, it’s important that people understand that they can. Do it themselves. We’re taught kind of like, oh, we’ve gotta have professionals for this, that, and the other, and everything else. It’s quite simple, but it does take a little bit of time to learn. So we illustrate that. If people wanna put their numbers in, they get to take it for a test drive.
[00:15:45] Vance Lowe: We have a, a, a very famous podcast, we’re gonna call it. One of our very first client successes was a chiropractor. Okay. And he was mis, he was misdiagnosed with Lyme’s disease. Geez. [00:16:00] And he couldn’t practice for two years. He had two sons at Michigan University. He and his wife came into my office when, when I shut the door and sit down, they just burst into tears.
[00:16:13] Vance Lowe: Geez. Wow. How do you deal with that? You know? So you’re thinking, okay, you know, part of our job as, as coaching and teaching is a little bit of counseling, and his wife just blurted out, I think we’re gonna have to file bankruptcy, you know, and I, but I, I just don’t wanna pull my, my boys outta college. Is there anything we can do?
[00:16:34] Vance Lowe: Well, they. Outlined their debt and it was massive. They had racked up a half a million dollars of debt and they were completely out of, you know, credit, but he could go back to work and we told him the system and everything and he said, Vance, I can afford. To put into the banking systems because you have to, you have to capitalize your bank.
[00:16:59] Vance Lowe: [00:17:00] Everybody knows that you can’t put a dollar in and expect to take $2 outta your bank, right? You just can’t do that. Okay? You have to capitalize first, but then it’s the repeat the, anyway, we explained things to ’em and he said, I can afford two office patient visits per day. To go into that and in, you know, so if you add all that up, it’s $20,000 a year.
[00:17:25] Vance Lowe: Okay. He had $480,000 of debt and the average interest on that debt was just over 16%. Compounded rate of return
[00:17:34] Host: that would kill. Now you can
[00:17:35] Vance Lowe: do the math. How long is it gonna take him to get outta debt? Even using that $20,000?
[00:17:41] Host: Probably three lifetimes.
[00:17:43] Vance Lowe: Yeah. Folks, I asked him, how long is it gonna take you out?
[00:17:48] Vance Lowe: They cried again this time he was crying and the the chart now shows he got outta debt in 62 months, [00:18:00]
[00:18:00] Host: little over five years. That’s incredible.
[00:18:02] Vance Lowe: Right. See, it’s isn’t about new money coming into the system? It it is, but it’s taking that 20 and instead of. I’m, and, and I, I’m kind of deceiving a little bit here that when I say you get outta debt to the outside world, you are completely debt free.
[00:18:23] Vance Lowe: Right? Right. Inside your economy, all you did was buy the debt. Mm-hmm. But now that you own it, you can answer this. Is that a liability or is it now an asset?
[00:18:34] Host: It, it’s an asset over a liability.
[00:18:36] Vance Lowe: See if you own debt. See, debt is part of our life. We finance every single thing we buy in life. We’re either giving up the interest we could have made, or we’re borrowing paying interest to someone else.
[00:18:48] Vance Lowe: Correct. Okay. I love it when someone says, oh, I don’t have a car payment. First question I ask, then you’ve torn up your driver’s licenses and you don’t drive anymore. Right. [00:19:00] And then they, they go on guard.
[00:19:03] Host: I don’t know what you mean. You need to tell me.
[00:19:06] Vance Lowe: Yeah, listen. Because if you’re telling yourself you don’t have a car payment, you now took that money and committed to something else, didn’t you?
[00:19:14] Vance Lowe: Mm-hmm. Well, yeah. Now the banks have, you see, the whole purpose is, and I ask, I love to ask this, how much money have you spent on cars? And they, whoa. What do you mean? You know? No, from the time you started driving till now you’ve been buying cars. I’m not talking about the maintenance or the gas or anything.
[00:19:33] Vance Lowe: How much have you spent to buy your cars? You know? And if, you know, my average client right now is in their mid late fifties, you know, anywhere from 150, $200,000 on the average. And I said, I’ve a serious question. Do you want that money back? And they go, well, sure. And I go, darn. Because if you don’t want that money, C, can I have it?
[00:19:56] Vance Lowe: And that’s always, this is the banking [00:20:00] power press. You’ve gotta take your principle, you put it there. Is it worthless? Are you just gonna give it up? Are you gonna say, Hey folks, I’m kidding, I need that money back guy in the mirror. You’re gonna rent my vehicle.
[00:20:12] Host: The banks aren’t gonna give it back, so,
[00:20:14] Vance Lowe: right.
[00:20:14] Vance Lowe: So you’ve got to keep that money coming back into replace, and it’s a cycling of money. This is why you and I have talked about Nelson Nash’s book, you know, and I just throw that out to everybody. They can go buy that book on Amazon and suggest they do as well as several of his other books. But one of those books talk about five laws.
[00:20:33] Vance Lowe: It’s called Parkinson’s Law, read that, and then there’s a grocery store story. Yeah. And that story is in there. For you and I to convert that. This is our economy. We are that grocery store owner. We cannot go in and take our food out free like we’ve always been doing. So I hope this is helping. I don’t know if I’m being too abstract here or not.
[00:20:57] Host: Well, the story, the story talks about, you know, if you’re given the [00:21:00] chance, would you walk out the back door with your groceries or would you walk out the front door and pay for ’em? Right? So it hurts the, it hurts the consumer when you walk out the back door. They’re thinking that, you know, this is gonna hurt the store owner because I’m not paying for my groceries, but it actually hurts the consumer.
[00:21:15] Host: Can you kind of talk a little bit more about that?
[00:21:17] Vance Lowe: Well, yeah. You know, and the moral of that story is, is that if he gets his extended family, they have to shop at his store. Now I’m getting into the Rockefeller analysis here. This is how, what made those guys so famous is that they had to keep. Whenever possible.
[00:21:36] Vance Lowe: The money in the family.
[00:21:37] Host: Mm-hmm.
[00:21:38] Vance Lowe: Oh, you gotta go shop at the mall. Do we own that mall? Now think of the ancillary income that comes in, right? You gotta go buy a car. We darn well be better. Own that dealership. So that Yeah, it’s exactly that, that process. So this little analysis [00:22:00] we do and we offer that to anybody.
[00:22:01] Vance Lowe: We, we kind of have a, that little process, but because you have to be able to. Without committing, kind of find something out to see if it fits your lifestyle and everything else. The bottom line with this little strategy is it doesn’t even take 20 minutes a month to work, and it has a huge impact, 63 months for a person to completely reverse pay off all of their debt.
[00:22:31] Vance Lowe: So when you buy debt and you don’t pay it off, you keep those payments coming in, don’t you? So he had, I think it was like 23 different debts or, you know, and I’m, I’m guessing here, I think I have it in my podcast, but I did that a while ago. Then that money starts coming into the bank. Once you buy, have bought that debt, you, you know, for, for the credit cards and the bank loans and the IRS loans [00:23:00] ’cause they haven’t been able to pay their taxes.
[00:23:02] Vance Lowe: All of those types of things. When you buy the debt, the payment still comes in until the money comes back into the bank. The bank, yeah. The bank. President, he can’t walk into his bank, say, Hey, I need an extra 5,000 bucks this re today, reach in the tiller and pull it out, can’t he?
[00:23:19] Host: No.
[00:23:20] Vance Lowe: He would go to jail.
[00:23:22] Vance Lowe: Mm-hmm. Okay. Here’s a great, great news. I have now 31 bank president as clients. Wow. Not one of ’em have said they understand how their bank makes money
[00:23:39] Host: and they’re the president of the bank.
[00:23:41] Vance Lowe: They’re of the branch
[00:23:43] Host: of the branch
[00:23:43] Vance Lowe: guy. They are not the owners folks. They are given a job to do. They do the job well.
[00:23:50] Vance Lowe: They’ve kind of risen up through the ranks. Vice presidents, presidents have their job and they come in because number one, they don’t like what’s going on. [00:24:00] They’ve done the math. And if we could impart anything today, it might be. Don’t refinance your homes? Never. We have a contract that is in illegal in most oth, most other countries because it’s so unfair.
[00:24:17] Vance Lowe: They collect the interest upfront. But when you refinance, they don’t have to repay you any of the unearned principle.
[00:24:25] Host: Correct.
[00:24:26] Vance Lowe: And it’s huge. People think they, they’ll refinance for a quarter of a percent, won’t they? I am guilty of that. I used to preach this, folks, you know, this is why I was so angry. If people really wanna get my experience, I also kind of wrote it in a, in a free book on our website.
[00:24:44] Vance Lowe: But to understand that you have to start over. Oh, I’m going from 4% down to 3.5. You’re never gonna pay 3.5 until payment 360. [00:25:00] That’s because they can do that on the last payment. They get to call it a 3.5% loan. They start at over 95% interest.
[00:25:10] Host: Yeah. Most of your payments in the first five years are all interest.
[00:25:13] Vance Lowe: Yeah. And so prepayment in the first five years, anywhere in the United States, 65 to $85,000 of interest. Mm-hmm. If they refinance every five years, which is the average. Mm-hmm. That’s hard to make up folks. You can’t get ahead doing that. No. I used to finance my home when the equity started creeping up onto the upstairs bathroom, I called it when then the equity started creeping under the door.
[00:25:39] Vance Lowe: Oh, I can refinance again. The dumbest thing on earth, you know? But that’s what we were taught. So do yourselves a favor, even if it’s double that you’re never gonna make it up.
[00:25:52] Host: Right. Well, you know, I want, I wanna lead our listeners to the resources that you mentioned. The first one is a book by r Nelson Nash called Becoming Your Own [00:26:00] Banker.
[00:26:00] Host: Mm-hmm. It’s like $20 on Amazon. It’s like 60 pages. It’s an easy read. And then the one that you created with, with Seth Hicks. You know, there’s a book called How to Grow Rich with a Secret that Banks Don’t Want You to Know. It’s on Private banking strategies.com. It’s also an audio book, which is very easy to listen to.
[00:26:17] Host: So. You know, if you want a little bit more information on the abstract that we’ve talked about today, you can go in and you can check out those resources. I’ll have links to them in the liner notes for the episode. Thank you for coming on to Dave Vance. I wanna ask you one last question, right? And I think I know the obvious answer here, but what is your purpose and lasting legacy that you wanna leave to listeners and in your community?
[00:26:36] Vance Lowe: I wanna share with everybody that they can win no matter what their financial circumstance is. They can do their own strategy and be better off every day. You just consciously have to learn and know what to do. Mm-hmm. And make those decisions to succeed. Don’t do what everybody else is doing. Okay. So my last thought is the herd [00:27:00] mentality would much rather fail with company.
[00:27:05] Vance Lowe: Then succeed alone.
[00:27:06] Host: That’s true. That’s a good point. That’s a great point. You know, you know, people bring, they bring others down with them as they continue to fall, so, you know, I know it’s the way that we’ve been taught, you know, the whole American capitalism system is built on the banks. If we can create more circular structure in our own personal economies, I think we’d all be better off.
[00:27:26] Host: Um, and having different asset classes on your balance sheet is gonna create more diversification and rebalance over the time that you’re mm-hmm. Growing your, your wealth. And so. Thank you Vance, for being on the show. This will probably be a very good eye-opening experience for the listeners and they can find you@privatebankingstrategies.com.
[00:27:44] Host: You’re on LinkedIn. They can learn a little bit more about r Nelson Nash and his, you know, his learnings on, on Amazon by purchasing the book. Pretty simple.
[00:27:52] Vance Lowe: I really appreciate the opportunity to be here.
[00:27:54] Host: Yes sir. Well, thank
[00:27:55] Outro: you very much. Bye-bye. Did that story feel like it was about you? [00:28:00] Do you feel like you are generating a lot of revenue?
[00:28:03] Outro: But are not moving forward as fast as you would like. Do you feel you should be making more progress toward your financial goals? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please call private banking strategies at (817) 200-4777. Or visit us at www.privatebankingstrategies.com.
