How To Start Building Your Own Banking System with Nicole Tate
Wade and fellow IBC Practitioner, Nicole Tate continue their discussions (chapter by chapter) on Becoming Your Own Banker by R. Nelson Nash. In this episode, we learn the option, the best approach, and why you need to be cautious if you are wanting to put every dollar through an IBC whole-life policy. Time might not be on your side!
Highlights
- What the importance of today\u2019s topic is
- What the fun part is of rereading the book, Becoming Your Own Banker
- Why mortgage is the first debt that you should attack and clear first
- How do you identify the most important things that you should attack and solve first
- Why you should start controlling your wealth-building assets
- What the different ways of financing vehicles are
- What the zero line illustration is
- Which is better: Paying in cash or leasing?
- Who do you want to be: The owner of the bank or the customer of the bank?
- What the differences are between paying interest to the finance company and paying the insurance company
- Why people are attracted to infinite banking
- How premium is not a problem, but a solution
Episode Resources - Becoming Your Own Banker
- Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com
- Connect with Nicole Tate
- ntate715@gmail.com\xa0