In this episode, Anthony and Cameron expand on Nelson Nash’s Becoming Your Own Banker book. Listen in as we outline our three rules for how and when to expand your banking system; also, we provide a practical example of what it looks like.
Podcast:On pages 48 of Becoming Your Own Banker Nelson Nash states “premiums and income should match.” Nelson often taught in parables and often used the phrase “it’s all about how your think.” This is an example of Nelson giving us an idea without much direction on how to execute it.
Resources:
“Expanding Your Banking System”
15 year vs 30 Mortgage: Which is best?
Turnkey Duplex Rentals: Passive Income or Passive Problems? With Texas Turnkey
Turning Unused Space Into Passive Income: Joseph Woodbury on How Neighbor.com Creates Extra Cash Flow
The Truth About Policy Loans: What Every Infinite Banking User Needs to Know