Round Table | The Infinite Banking Concept Simplified
How would you feel if you were running your own bank? If you have no idea about it but want to know how to implement it, this episode is exactly what you need. Today's conversation is about the core of the Infinite Banking Concept (IBC) and how to become your own banker, as discussed in R. Nelson Nash's book. A number of wealthy people use this concept to grow multi-generational wealth and create financial freedom for themselves and their children. So get ready to find out more about the Infinite Banking Concept.
Tune in and hear Russ, Joey, and the Financial Freedom Coaches share their thoughts, experiences, and insights about the following:
What problems does Infinite Banking solve?
How can I implement Infinite Banking?
What are some of the big wins of people doing Infinite Banking?
And more!
Becoming Your Own Banker by R. Nelson Nash:
https://www.wealthwithoutwallstreet.com/infinite-banking
Watch How My Daughter Will Buy Her First Car via Infinite Banking and Short-Term Rentals:
https://www.youtube.com/watch?v=S9LABs0y8zo
Turn Active Income Into Passive Income:
https://www.wealthwithoutwallstreet.com/PIOS
Find Out How Close You Are to Financial Freedom:
https://go.wealthwithoutwallstreet.com/quiz
If you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/community
Take advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecall
Discover Your Path to Financial Freedom:
https://www.wealthwithoutwallstreet.com/path
Join the Passive Income MasterMind:
https://www.wealthwithoutwallstreet.com/club200
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Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.
Join here: https://wwws.link/inner-circle-sign-up
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00:00 - What is the number one reason people are not financially free?
08:49 - How will you simplify the Infinite Banking Concept in 35-40 minutes?
11:44 - What problem does IBC solve?
30:59 - How do you implement Infinite Banking and think long-range?
34:37 - What are the ways to capitalize?
45:34 - What rate should I charge my daughter for lending her money instead of her paying the bank a 7.95% interest rate?
48:20 - Are there wins for people doing IBC other than life insurance agents making large commissions?
56:31 - What are your final words?
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🎧 #ListenNOW to the full episode of the podcast here 👉
www.wealthwithoutwallstreet.com/podcast/round-table-the-infinite-banking-concept-simplified
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