The Wealth Without Wall Street Podcast
By Russ Morgan & Joey Muré
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Why Should I Pay Interest to Borrow My Own Money?
• 33 minWhy would anyone willingly pay interest to access money they already have? In this episode, Russ and Joey continue their Becoming Your Own Banker book review by explaining Nelson Nash’s grocery store example to address one of the most common questions about Infinite Banking. They break down the surprising answer behind the question and reveal why this mindset shift can completely change how you think about money, ownership, and building wealth. Top three things you will learn: -Why paying interest can actually benefit your financial system -How the grocery store example changes the way you think about money -Why discipline is the key to becoming your own banker Buy the Book (Becoming Your Own Banker): 📘https://www.wealthwithoutwallstreet.com/infinite-banking Infinite Banking Example: The True Cost of Paying Cash vs. Whole Life Insurance: 👉 https://www.youtube.com/watch?v=h4rugVZkajc Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions. This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode. The hosts may have a financial interest in the programs or services mentioned in this episode. 💸 Build a Passive Income Machine in 3 Steps Stop trading hours for dollars and start building wealth the way the wealthy actually do 👇 🧬 Step 1 – Find out what kind of investor you actually are There are no good or bad investments, only good or bad investors. Take the Investor DNA assessment and get your investor type, your personal buy box, and the top 2 passive income streams that fit how you’re wired, plus the first move to make this week. 👉 lp.wealthwithoutwallstreet.com/investor-dna 👀 Step 2 – Learn the system in 12 minutes (free) In 12 minutes flat, see the Infinite Banking Concept that took Russ and Joey past $50,000/month in passive income: how to recycle the dollars you’re already spending and make them work twice, so the same money funds your life and buys your assets. 👉 https://apply.wealthwithoutwallstreet.com/ 📈 Step 3 – Build Your Passive Income Machine We didn’t inherit this. Russ and Joey built the system themselves and now collect over $50,000/month in passive income. Inside the Passive Income Lab we hand you that exact system and work with you 1-on-1 for 12 weeks to install it: your Freedom Number, your Family Bank, and a real deal pipeline in the next 90 days. 👉 ChoosePassiveIncome.com More free ways to grow your wealth 📊 Take the Financial Freedom Analyzer Two minutes to see your Freedom Number, your current gap, and what has to change to close it. 👉 quiz.wealthwithoutwallstreet.com 👥 Join Our Free Community Swap deals and lessons with 10,000+ investors doing this right now 👉 wealthwithoutwallstreet.com/community 😡 Paying $250K+ in taxes? Stop the bleed. Apply for the next Tax Strategy Intensive and keep more of what you earn. 👉 wealthwithoutwallstreet.com/tax 📘 The book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income 👉 wealthwithoutwallstreet.com/newbook 📸 Daily plays on Instagram @wealthwithoutwallst ▶️ Watch on YouTube https://www.youtube.com/@WealthWithoutWallStreet?sub_confirmation=1 📧 Subscribe on Substack https://wealthwithoutwallstreet.substack.com/
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