What is the Infinite Banking Process? - Part One
Wade addresses the Infinite Banking Concept. Although Infinite Banking, also called privatized banking or \u201cbanking on yourself\u201d has gained attention recently, it isn\u2019t a new concept. Don't miss it as Wade explains this simple and self-rewarding concept.
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Highlights
- Traditional banking - 1:48
- Time, money and discipline - 2:39
- Financing everything you do in life - 4:09
- What\u2019s the Infinite Banking Concept - 6:06
- How we think about money - 7:58
- We are in two different businesses - 9:16
- Whoever controls financing wins the game - 10:06
- You have to capitalize - 14:43
- The cost of capital and cost of money - 21:28
- Control the banking function in your life - 25:32
- Using Nelson Nash\u2019s book - 28:00
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Episode Resources