Premium Only Content

Wealth Habits ∞ Collateralization and Infinite Banking
00;00;00;00 - 00;00;02;10
Hey, Guys. Barry Page with Legacy Money.
00;00;02;10 - 00;00;04;25
Today, we're going to continue with our series
00;00;04;25 - 00;00;07;21
of habits and creating generational wealth.
00;00;07;21 - 00;00;12;27
We must understand the importance of having our dollars work effectively and efficiently.
00;00;12;27 - 00;00;20;07
We must seek opportunities and investments that compound our interest over those that do not.
00;00;20;07 - 00;00;29;12
When considering a major capital purchase, we must seek to utilize our current assets as collateral to secure a loan.
00;00;29;12 - 00;00;35;06
Then we must be able to repay that loan out of our current lifestyle. Cash flow.
00;00;35;06 - 00;00;41;10
Yes. Even using this method incurs financing costs when making a major capital purchase.
00;00;41;10 - 00;00;52;03
However, this collateralization process. Infinite banking allows you to buy what you need or want without having to spend down your assets.
00;00;52;03 - 00;00;59;08
and your savings dollars can't continue to earn interest or profit in an account that you own and control
Research shows that the vast amount of Americans will transfer away the majority of their wealth to TAXES, INTEREST and FEES… unnecessarily!
Are you searching for a better way? If you are seeking financial security and freedom, subscribe to our channel and request a meeting.
________________________________________________________________________
📅 Schedule a review - https://legacyinsuranceagency.com/contact/apply
🎓 FINANCIAL EDUCATION - Read the book: https://legacyinsuranceagency.com/product/becoming-your-own-banker-unlock-the-infinite-banking-concept
Infinite Banking is a predictable way to create financial independence and freedom using your own personal capital. By practicing the Infinite Banking Concept™ you can grow your family’s wealth safely and predictably without traditional banks or government retirement plans.
"The whole idea is to recapture the interest that one is paying to banks and finance companies for the major items that we need during a lifetime, such as automobiles, major appliances, education, homes, investment opportunities, business equipment, etc." ~Nelson Nash, bestselling author of Becoming Your Own Banker
-
LIVE
MattMorseTV
51 minutes ago🔴Gaming Sunday🔴
183 watching -
LIVE
Nerdrotic
2 hours agoTransient Lunar Phenomenon: Deeper into the Mysteries of the Moon | Forbidden Frontier #112
452 watching -
2:58:44
Barry Cunningham
1 day agoBREAKING NEWS: PRESIDENT TRUMP ABSOLUTELY TROLLS THE MEDIA! BIG WEEK AHEAD!
48.7K58 -
1:37:28
Sarah Westall
2 hours agoReal Intel: Power Struggles Fueled by Blackmail, Surveillance & Coercion w/ Dr. Dave Janda
7.95K5 -
9:49
MattMorseTV
4 hours ago $8.86 earnedNewsom's CAREER just WENT UP IN FLAMES.
12.8K46 -
LIVE
Spartan
2 hours agoHalo for a bit, Octopath after maybe
124 watching -
LIVE
sophiesnazz
3 hours ago $1.46 earned6kd in these lobbies !socials !specs
114 watching -
LIVE
Vedic compatability astrology
1 hour agoAbijit Shuckla: The Epic 8, 17, 25 Adventure!
67 watching -
1:17:18
Jeff Ahern
4 hours ago $12.62 earnedThe Sunday Show with Jeff Ahern
33.2K5 -
LIVE
The Rabble Wrangler
4 hours agoSunday Shootouts in Battlefield 6 - Phantom Edition Giveaway!
49 watching