E130: How to Decide What's Best: Pay with Cash OR Use IBC Policy
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we discuss one of the most commonly asked infinite banking questions. When should I use my policy to pay for something, and when should I use cash?
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Topics Discussed:
- Should I borrow from my whole life insurance policy or use cash?
- Can I borrow from my whole life insurance policy?
- What it means to become your own banking and why it matters
- Understanding the two basic ways you pay for something
- The fundamental problem Infinite Banking attempts to solve
- The real costs of paying cash
- Is cash really king?
- How money in motion makes more money
- Why compound interest is like magic
- Example expenses you never thought you could use policy to pay for, but can
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/