The Wealth Without Wall Street Podcast
By Russ Morgan & Joey Muré
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BYOB Book Review Part 12 | How Do I Get Started With The Infinite Banking Concept?• 44 min
People who have heard about the Infinite Banking Concept but looked the other way continue to be in financial prison. They have not fully understood the multitude of benefits this financial system offers, so they continue to trade their time for money. Others think IBC is a ripoff or a scam because life insurance agents do not know precisely how it works. They are not IBC coaches. If you've been wondering how to start setting up your banking system, Russ and Joey will discuss that in detail today. So stick around and get ready to become your own banker. In response to the requests to bring back the BYOB series, Russ and Joey continue their book review, and today they talk about expanding your system to accommodate all income. This episode is Part 12 of an 18-Part Series. Top 3 Things You’ll Learn: The first thing you need to start IBC is to have the desire to do it.Infinite Banking is a long game. It's not a get-rich-quick scheme.The criteria for finding the right IBC Coach About R. Nelson Nash: R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Join the Inner Circle Live: August 25-27, 2023 https://go.wealthwithoutwallstreet.com/innercirclelive-2 Promo Code: PODCAST Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecall Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook Nelson Nash Institute: https://infinitebanking.org/ The Infinite Banking Concept Explained by a CFP: https://www.youtube.com/watch?v=sVuexMv6Kf4 IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy: https://www.youtube.com/watch?v=h4rugVZkajc The Land Geek (Mark Podolsky): https://www.thelandgeek.com/ Play the best online investing game — CASHFLOW® Classic: https://www.richdad.com/products/cashflow-classic Join the Community: https://www.wealthwithoutwallstreet.com/community Turn Active Income Into Passive Income: https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer: a href="https://wealthwithoutwallstreet.com/quiz" rel="noopener noreferrer"...
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