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Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.
In episode 92, we will talk about "the banking function," a true revelation by Nelson Nash, and before the release of "Becoming Your Own Banker," unfathomable to the average working man.
Glossing over this core IBC principle can result in missed opportunities to capture the spread as "the bank" between your cost of money and the market interest rate.
So tune in to learn more!
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EPISODE HIGHLIGHTS:
[00:02:00]: Discussion on the problem of traditional banking systems
[00:03:00]: Exploring the need for personal financing solutions
[00:05:00]: How conventional financial advice leads to control issues
[00:06:00]: Addressing the constantly moving goalpost of typical retirement planning
[00:07:00]: "You finance everything you buy"
[00:09:00]: The limitations of cash spending in building wealth
[00:11:00]: Necessity of being strategic with capital
[00:13:00]: How much cash value is needed for personal banking
[00:15:00]: Identifying the financial problem as a foundational step
[00:17:00]: The importance of starting the infinite banking process
[00:19:00]: Shifting focus from investments to becoming your own banker
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Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.
In episode 92, we will talk about "the banking function," a true revelation by Nelson Nash, and before the release of "Becoming Your Own Banker," unfathomable to the average working man.
Glossing over this core IBC principle can result in missed opportunities to capture the spread as "the bank" between your cost of money and the market interest rate.
So tune in to learn more!
---
EPISODE HIGHLIGHTS:
[00:02:00]: Discussion on the problem of traditional banking systems
[00:03:00]: Exploring the need for personal financing solutions
[00:05:00]: How conventional financial advice leads to control issues
[00:06:00]: Addressing the constantly moving goalpost of typical retirement planning
[00:07:00]: "You finance everything you buy"
[00:09:00]: The limitations of cash spending in building wealth
[00:11:00]: Necessity of being strategic with capital
[00:13:00]: How much cash value is needed for personal banking
[00:15:00]: Identifying the financial problem as a foundational step
[00:17:00]: The importance of starting the infinite banking process
[00:19:00]: Shifting focus from investments to becoming your own banker
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