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Why You Should Use Infinite Banking to Buy a Car (or any Asset) | Pg 41-45 of Becoming Your Own Banker

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Manage episode 426807182 series 3385872
Content provided by Anthony J. Faso CPA and Infinite Wealth Consultants. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony J. Faso CPA and Infinite Wealth Consultants or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This week, Anthony and Cameron break down the five ways to buy a car including two savings methods—CD and IBC—examining their progress over seven years and the eventual long-term benefits by year 51.

Anthony & Cameron explore how each strategy affects financial outcomes, particularly when it comes to car financing. They continue their review of Nelson Nash's book, Becoming Your Own Banker, specifically focusing on pages 41 and 45, offering insights into starting your own banking system and analyzing the role of discipline and capitalization. Moreover, they emphasize the importance of control and ownership in your personal finance journey, backed by real data and theoretical underpinnings.

Resources:

A video on using Cash vs IBC https://youtu.be/c0RJJTYjP4c

Schedule your 15-minute call with Anthony or Cameron here:

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

  continue reading

309 episodes

Artwork
iconShare
 
Manage episode 426807182 series 3385872
Content provided by Anthony J. Faso CPA and Infinite Wealth Consultants. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony J. Faso CPA and Infinite Wealth Consultants or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This week, Anthony and Cameron break down the five ways to buy a car including two savings methods—CD and IBC—examining their progress over seven years and the eventual long-term benefits by year 51.

Anthony & Cameron explore how each strategy affects financial outcomes, particularly when it comes to car financing. They continue their review of Nelson Nash's book, Becoming Your Own Banker, specifically focusing on pages 41 and 45, offering insights into starting your own banking system and analyzing the role of discipline and capitalization. Moreover, they emphasize the importance of control and ownership in your personal finance journey, backed by real data and theoretical underpinnings.

Resources:

A video on using Cash vs IBC https://youtu.be/c0RJJTYjP4c

Schedule your 15-minute call with Anthony or Cameron here:

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

  continue reading

309 episodes

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