Everything You Need To Know About Infinite Banking
Has the infinite banking concept piqued your interest but you can’t quite grasp how it works?
You’re not alone, it even has Mark & Scott feeling a little perplexed…but today’s guests are going to educate us on how it all works.
Returning to the podcast to give us the 101 on the infinite banking system are Russ Morgan and Joey Mure, the Wealth Without Wall Street guys!
Listen in as Russ & Joey give us an overview on how this concept originated and then do a deep dive into the fundamentals and how to utilize it for the maximum benefits. Find out everything you need to know about:
Why infinite banking is good for creating wealthHow it compares to a traditional saving accountHow safe is your moneyHow much money is needed to get startedHow soon you can access your moneyWithdrawals versus loansAmortization...and this is just the tip of the iceberg!
Russ & Joey brought a plethora of information, advice, and examples to the show today in order to arm you with the best knowledge possible to help you determine if becoming your own banker is the right strategy for you.
Are Mark & Scott sold on this strategy? Listen in to find out!
TIP OF THE WEEK
Mark: Learn more about Infinite Banking, go to WealthWithoutWallStreet.com.
Scott: Check out the iPhone app, Smart Voice Recorder-Offline for offline transcription.
Russ: To learn more read the book, Becoming Your Own Banker by R. Nelson Nash. Also, check out InfiniteBanking.org—a website for people who do this all over the country.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?
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