E148: The Big Differences - Owning a life insurance policy vs being your own banker
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we discussed the difference between owning a life insurance policy and being your own banker.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting:
Topics Discussed:
- Why merely buying a policy alone is not practicing Infinite Banking
- How nearly everyone is already in banking -- even if they don't know it yet
- Why understanding which business you are really in is so important
- Why Nelson Nash said everyone is in two businesses
- Thinking strategically in addition to tactically about wealth building
- How being your own banker impacts real estate investing
- Using IBC for investment diversification
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/