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The Wealth Without Wall Street Podcast

By Russ Morgan & Joey Muré



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BYOB Book Review Part 14 | Cost of Acquisition and Can I Get a Higher Rate of Return?

• 29 min

Have you ever considered the actual cost of your purchases? When you spend $100, $500, or any amount, are you really only spending that amount? No. You must also consider time, speed, and control, especially when buying a high-value item and borrowing money to fund it. To fully understand the importance of knowing the real cost of acquisition and getting a higher rate of return for your money, tune in to today's conversation.  In response to the requests to bring back the BYOB series, Russ and Joey continue their book review of Becoming Your Own Banker by Nelson Nash.  This episode is Part 14 of an 18-Part Series.  Top 3 Things You’ll Learn: The true cost of buying somethingHow to reduce your cost of acquisition by becoming your own bankerHow to get the most efficient storehouse for your money 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 Promo Code: PODCAST That Which is Seen, and That Which is Not Seen by Frédéric Bastiat: Economics in One Lesson by Henry Hazlitt: Free Financial Strategy Call: Becoming Your Own Banker by R. Nelson Nash: The Infinite Banking Concept Explained by a CFP: IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy: Join the Community: Turn Active Income Into Passive Income:  Take the Financial Freedom Analyzer: Discover Your Path to Financial Freedom:  a href="" rel="noopener noreferrer"...

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