Ray Poteet joins us to share the money mistakes that he’s made over the past 50 years to help you avoid the same pitfalls. These are lessons from both in the investment world, as well as the errors he made while initially practicing Infinite Banking.Read More
Ray Poteet joins us to share strategies and tactics for building and leaving a legacy of wealth. A must listen for any parents, grandparents, and expecting grandparents who are wanting to build and leave wealth.Read More
In this episode, we discuss how to best position yourself to make it through the unexpected catastrophes of life, both big and small. Plus, we’ll share how infinite banking can be a great foundation to have in place when the unexpected hits.Read More
In this episode, we discuss two end of the year tax strategy misconceptions that you should avoid. We’ll also deep dive on how to think big picture when you’re making your tax plan.Read More
In this episode, we discuss the impact opportunity cost has on your money. Plus, we’ll share how you can avoid missing out on the wealth caused by idle or misused dollars.
There’s an underpinning principle of the Infinite Banking concept we teach. It underscores a lot of the financial decisions that you’re going to make. The principle is this: You finance everything that you buy in one way or another.
You see, most people believe they’re financing something only if there is a loan process–purchasing a car, for example. Here’s what those people don’t realize: even if they pay cash for a car, you’re still financing it.
People often think of financing being something only done through a bank instead. However, the reality is we finance our utility bills, we finance groceries, and we finance the gasoline that goes in our car. We finance all the things in our life whether we realize it or not.
Join us as we explain in more depth and how to best implement this understanding.
Avoiding Opportunity Cost Fees Topics Discussed:
- Understanding how everything you purchase is financed
- The only two ways we purchase goods and services
- Where opportunity cost comes into the purchasing equation
- Using 529 programs and college tuition as an example
- How leveraging IBC works to beat opportunity costs
- How dollars lose strength over time how it impacts you
In this episode, we will discuss the best investment you can make and how infinite banking can help you become a better investor. Tune in to this episode of the podcast and find out now.Read More
In this episode, we discuss the dangerous pitfalls of trying to use Universal Life Insurance to act as a bank. Plus, we explain why Participating Whole Life Insurance as your IBC banking tool is far superior.Read More
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