E60: How IBC Helps Make Your Money Work Like a Business
In this episode, we discuss how IBC is more like starting a business than just saving money and how you can operate your finances like a business.
People new to the concept often begin with a savings mindset. Sometimes even long-time practitioners have not made the connections yet. However, the real magic is making the money move. It is a mental shift or a thinking process change.
To do that, you first must see what you’re doing as though it was a business and not a savings account. It requires a new way of looking at things and in this episode, we’ll share how.
IBC Make Your Money Work Like a Bank Topics Discussed:
- Changing the way you think to see Infinite Banking through fresh eyes
- The two businesses you’re actually in
- Clearing up common confusions about Infinite Banking and mindsets
- Being in the money business
- Understanding the long view of profitability
- Making money move and work rather than just sitting around passively
The bank isn’t a place just to store money. It’s actually a source of where they can actually create other funds. Infinite Banking is nearly identical.
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