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Episode 7: Banks Use Your Money—Why Aren't You?
M.C. Laubscher here, and welcome to Infinite Banking Daily, where you get your daily dose of the best alternative wealth building strategies.
Today we pull back the curtain on how banking really works. When you deposit money, the bank pays you a fraction of a percent. Then they turn around and lend that same money at 5%, 6%, 7% or more. They're using YOUR capital to generate returns for themselves. The question is: why aren't you doing the same thing?
Key Takeaways:
Today's Mental Shift: Every dollar you deposit in a bank is a dollar working for them, not you. What if you could capture both sides of that equation?
Resources Mentioned:
Keywords: become your own banker, banking system, fractional reserve, infinite banking concept, Nelson Nash, bank profits, financial control, wealth building, cash flow banking, private family bank]]>
By M.C. LaubscherEpisode 7: Banks Use Your Money—Why Aren't You?
M.C. Laubscher here, and welcome to Infinite Banking Daily, where you get your daily dose of the best alternative wealth building strategies.
Today we pull back the curtain on how banking really works. When you deposit money, the bank pays you a fraction of a percent. Then they turn around and lend that same money at 5%, 6%, 7% or more. They're using YOUR capital to generate returns for themselves. The question is: why aren't you doing the same thing?
Key Takeaways:
Today's Mental Shift: Every dollar you deposit in a bank is a dollar working for them, not you. What if you could capture both sides of that equation?
Resources Mentioned:
Keywords: become your own banker, banking system, fractional reserve, infinite banking concept, Nelson Nash, bank profits, financial control, wealth building, cash flow banking, private family bank]]>