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Continuing this series with Wade and Tarisa, today, they talk about the journey that is IBC. It's about changing the rest of your life and how you go about that change. Not everyone's journey is going to look the same. We are driven by different goals and values but ultimately want the same financial freedom and control in our lives. Tune it to part three to hear more about the steps to start your journey and some of the questions you should be asking yourself along the way.
Episode Highlights 00:50 The journey and evolution of thought in personal financing 02:50 Sharing the message with others and assisting them in understanding the process 5:23 When is the best time to get started 09:16 Multiple policies as a lifelong journey 10:09 The importance of sustainable growth 10:58 Metaphor of planting seeds and harvesting 14:15 Poor families and conditioned thinking 18:13 The implications of the aforementioned scenario are further evaluated, thus emphasizing the importance of profit-taking 19:50 Tarisa speaks about a mental exercise she usually walks people through, showcasing the potential of all the money a person has earned and spent throughout their life 21:24 The practical application of IBC and how to model success by understanding banking principles on a personal level 23:18 The concept of owning the loan portfolio for increased profitability and its importance in creating a passive income stream 23:46 The potential profitability of owning the access to cash and welcoming the role of a financier for family or business
Episode Resources
5
77 ratings
Continuing this series with Wade and Tarisa, today, they talk about the journey that is IBC. It's about changing the rest of your life and how you go about that change. Not everyone's journey is going to look the same. We are driven by different goals and values but ultimately want the same financial freedom and control in our lives. Tune it to part three to hear more about the steps to start your journey and some of the questions you should be asking yourself along the way.
Episode Highlights 00:50 The journey and evolution of thought in personal financing 02:50 Sharing the message with others and assisting them in understanding the process 5:23 When is the best time to get started 09:16 Multiple policies as a lifelong journey 10:09 The importance of sustainable growth 10:58 Metaphor of planting seeds and harvesting 14:15 Poor families and conditioned thinking 18:13 The implications of the aforementioned scenario are further evaluated, thus emphasizing the importance of profit-taking 19:50 Tarisa speaks about a mental exercise she usually walks people through, showcasing the potential of all the money a person has earned and spent throughout their life 21:24 The practical application of IBC and how to model success by understanding banking principles on a personal level 23:18 The concept of owning the loan portfolio for increased profitability and its importance in creating a passive income stream 23:46 The potential profitability of owning the access to cash and welcoming the role of a financier for family or business
Episode Resources
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