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The Psychology of Debt with Infinite Banking vs. Velocity Banking - Road Noise with Hutch
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In this 6th episode of "Road Noise with Hutch," Hutch discusses the hypocrisy of the "debt-free dream" and the common limiting beliefs surrounding debt, borrowing, and leverage.
Even though the tactics of Velocity Banking are efficient and superior to Dave Ramsey's envelopes or "Debt Snowball", the race to get out of debt can only get you back to even...then what? Hutch goes on to discuss the philosophical history of Infinite Banking (IBC) and Economic Value Add (EVA), both of which open the door to the mindset needed for privatized banking to build wealth.
Hutch also goes deeper into his “4D Banking” system, which mixes ideas from Velocity Banking, the Infinite Banking Concept (IBC), and a proven corporate finance concept called Economic Value Add (EVA). This system focuses on making the most of cash flow, growing money through compounding, and keeping access to liquid (easily available) assets. The goal of 4D Banking is to help people use different types of assets to build wealth without relying on the approval of traditional banks.
Hutch believes that employing 4-D Banking will help every dollar work harder and build an impenetrable fortress beyond just avoiding debt.
Download the ultimate guide to using Whole Life for Infinite Banking:
Learn more about the "4-D Banking Strategy":
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