The Very First Principle
Episode description
If we were to say that someone "financed" a purchase, almost everybody would picture filling out paperwork at the car dealership, an application online somewhere, or going down to the bank. Would you be surprised to learn that those people disciplined to save up cash for a purchase are also financing that purchase?
Come join us to find out why! This is the "very first principle" in the book Becoming your Own Banker, and is critical to understand for anyone wanting to incorporate IBC into their financial strategy.
"IThe very first principle that must be understood is that you finance everything you buy–you either pay interest to someone else or you give up the interest you could have earned otherwise.". -R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.
Connect with Doug MacKenze:
Website: Control Capital Solutions
Email: dmackenzie@controlcapitalsolutions.com
Connect with john Fox Ward:
Website: Nash Cashflow - The Nash CashFlow Group
Email: John@nashcashflow.com