“But I can get a higher rate of return somewhere else!” This response highlights a fundamental misunderstanding of the Infinite Banking Concept.
In today’s episode, we explain why the rate of return in the policy is secondary to learning how to “use” the policy. In other words, the lesson Nelson is conveying to us in this brief chapter is this: Where you store wealth is not where it is created. Take your time with this episode and listen to it more than once if needed…..ENJOY!!
Resources:
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