Episode 47: Teach You to Be Rich - Banks

Welcome back to The IBC Guys Podcast!  

In this episode of The IBC Guys, Dave starts a new mini-series titled “Make You Rich.”  Ramit Sethi’s book I Will Teach You to Be Rich caught Dave’s eye and was a great read over the past week.  The book is a great one, but has one major flaw - it doesn’t address the Infinite Banking Concept.  The goal of this mini-series is to work through Mr. Sethi’s book a chapter at a time through the lens of the Infinite Banking Concept.

This week’s episode focuses on Banks - the good, the bad, and the (mostly) ugly.  How does Mr. Sethi see banks?  How would he manage his accounts?  How does what a bank provides compare to what IBC provides?  

Also in this week’s episode, Dave doesn’t create episodes to hear his own voice, he finds a new book for his kids to read, and he hopes to be a sounding board.

Key takeaway: Ramit Sethi teaches the reader how to be a smarter customer inside the banking system.  Infinite Banking allows one to stop being the customer and start being the system.

Resources Mentioned:

[Link HERE] Ramit Sethi’s “I Will Teach You to be Rich” 

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