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Stop Taking Financial Advice from Broke People—Break the Cycle of Bad Money Myths
Why does most financial advice come from people who are still broke? In this episode, Jonah and JDew, the Banking Bros, pull back the curtain on the outdated, recycled financial "wisdom" we’ve all heard:
💬 “Avoid all debt.”
💬 “Buy term and invest the difference.”
💬 “Get a good job and retire at 65.”
💬 “Save all your money in a bank.”
Sound familiar? Most of these ideas come from well-meaning family, schools, and media—but not from people who actually built wealth. In this episode we explore:
• Why "tradition" doesn’t equal "truth"
• Where mainstream money advice really comes from
• How the wealthy think differently about debt, assets, and control
• Practical steps to unlearn broke advice and build lasting wealth If your mentors don’t have the financial results you want... maybe it’s time to stop listening.
🔗 RESOURCES MENTIONED:
- Our free Infinite Banking course ➤ https://thebankingbros.com/getting-started-yt - Nelson Nash Institute (Infinite Banking)
- “Rich Dad Poor Dad” lessons
- Forbes: Financial Education Gap
Schedule your FREE call with us at:
https://thebankingbros.com/getting-started-yt
If you're interested in the source material (we didn't come up with this!) we'd highly recommend that you get a hold of R. Nelson Nash's book: Becoming your Own Banker (5th Edition) https://amzn.to/2ZMw0h6
You can learn more about us at:
https://www.thebankingbros.com
Follow and like us on FB, IG, and TIKTOK:
https://www.facebook.com/cashcompound
https://www.instagram.com/thebankingbros
https://www.tiktok.com/@thebankingbros
View all episodes
By The Banking Bros
5
33 ratings
Why does most financial advice come from people who are still broke? In this episode, Jonah and JDew, the Banking Bros, pull back the curtain on the outdated, recycled financial "wisdom" we’ve all heard:
💬 “Avoid all debt.”
💬 “Buy term and invest the difference.”
💬 “Get a good job and retire at 65.”
💬 “Save all your money in a bank.”
Sound familiar? Most of these ideas come from well-meaning family, schools, and media—but not from people who actually built wealth. In this episode we explore:
• Why "tradition" doesn’t equal "truth"
• Where mainstream money advice really comes from
• How the wealthy think differently about debt, assets, and control
• Practical steps to unlearn broke advice and build lasting wealth If your mentors don’t have the financial results you want... maybe it’s time to stop listening.
🔗 RESOURCES MENTIONED:
- Our free Infinite Banking course ➤ https://thebankingbros.com/getting-started-yt - Nelson Nash Institute (Infinite Banking)
- “Rich Dad Poor Dad” lessons
- Forbes: Financial Education Gap
Schedule your FREE call with us at:
https://thebankingbros.com/getting-started-yt
If you're interested in the source material (we didn't come up with this!) we'd highly recommend that you get a hold of R. Nelson Nash's book: Becoming your Own Banker (5th Edition) https://amzn.to/2ZMw0h6
You can learn more about us at:
https://www.thebankingbros.com
Follow and like us on FB, IG, and TIKTOK:
https://www.facebook.com/cashcompound
https://www.instagram.com/thebankingbros
https://www.tiktok.com/@thebankingbros
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