E123: Learn to Spot the Hidden and Most Expensive Option to Avoid

E123: Learn to Spot the Hidden and Most Expensive Option to Avoid

In this episode, we discuss how the default option in almost every area of life is the most expensive. We also share how you can get yourself out of the herd to avoid the slaughterhouse.

Topics Discussed:

• Why the default choice options are usually the most expensive
• Probate example — when spending $3,000 today saves you $50,000 tomorrow
• Income tax example
• 401k example
• Social security example
• Savings account and liquid cash example
• Why people don’t like to plan and how to shortcircuit this mindset
• How to outsmart the system and avoid being fooled by the default

Episode Resources

• Gain access to our Secret Banking Masterclass now FREE to listeners of the podcast here now
• What is Infinite Banking
• CREDIT: Episode art background photo by Kevin Wolf