E123: Learn to Spot the Hidden and Most Expensive Option to Avoid - podcast episode cover

E123: Learn to Spot the Hidden and Most Expensive Option to Avoid

Jul 19, 202126 minSeason 1Ep. 123
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Episode description

In this episode, discuss how the default option in almost every area of life is the most expensive. We also share how you can get yourself out of the herd to avoid the slaughterhouse.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e123

Topics Discussed:

  • Why the default choice options are usually the most expensive
  • Probate example -- when spending $3,000 today saves you $50,000 tomorrow
  • Income tax example
  • 401k example
  • Social security example
  • Savings account and liquid cash example
  • Why people don't like to plan and how to shortcircuit this mindset
  • How to outsmart the system and avoid being fooled by the default

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Topics Discussed:

  • Why the default choice options are usually the most expensive
  • Probate example -- when spending $3,000 today saves you $50,000 tomorrow
  • Income tax example
  • 401k example
  • Social security example
  • Savings account and liquid cash example
  • Why people don't like to plan and how to shortcircuit this mindset
  • How to outsmart the system and avoid being fooled by the default

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

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