Episode 118: Infinite Banking: Increasing Your Income vs Cutting Expenses - Where Should I Focus?
Wealth Warehouse · The IBC Guys via Podcast Principles
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Show Notes
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
It’s often been said by Dave and Paul that IBC is about mindset. That’s true when it comes to the process of infinite banking – but it’s also true when it comes to your perspective on making and spending money.
In this week’s episode, the guys talk about where your focus and effort should be directed when it comes to growing your income vs. cutting your expenses.
Is the path to financial freedom paved with rice and beans – or opportunity and productivity? The fellas break it all down and let you know what you should be thinking about the most.
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
2:35 - “95% of your time and effort should be spent on…”
5:31 - Focusing on income vs. cutting expenses
9:12 - Where you focus is where you’re going to get results
12:38 - Increasing your productivity and looking for opportunities
15:23 - You don’t need to get all your money from just one place
18:25 - Make yourself more valuable, being an “expert”
21:56 - Passion is the key
23:21 - Closing thoughts
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email: