In Part 2 of this two-part episode, James continues his conversation with Bobby Lackey, a senior vice president at a local state-chartered bank. They continue their discussion, focusing on the concept of collateralizing a life insurance policy in light of Nelson's third rule: "Don't do business with banks outside of savings and checking," meaning one should not be dependent upon third-party lenders. As always, we hope you enjoy and thank you for listening!

Watch Part 1 Here: ➫ youtu.be/kaTcomaHKhk

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