BYOB: Use It Or Lose It with Nicole Tate
Today, Wade and Nicole discuss that in order for the Infinite Banking Concept to be effective, it must become a way of life - you must use it or lose it. This concept has to do with overcoming human nature and recognizing you have to face the consequences of your actions. Learn the importance of stepping outside of your comfort zone when it comes to IBC.
Highlights
- The importance of taking control of your finances
- The Infinite Banking Concept: Overcoming human nature
- Establish your personal monetary system
- Why should you pay yourself interest if you\u2019re borrowing money?
- The cost of capital for banks and insurance companies
- Different opportunities to earn interest from your own money
- Three stages of having a new idea
- Reasons why financial plans fail
- The Arrival Syndrome and the Rival Syndrome in business
- Benefits of the Infinite Banking
Episode Resources - Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com\xa0