E119: How to Make the Choice: Buy More Assets or Pay Off Debt?

In this episode, we discuss the age-old personal finance question, "Should I buy more assets, or should I pay off debt?" Navigating and answering this question is especially vital within the Infinite Banking system.

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https://livingwealth.com/e119

Topics Discussed:

• The advantages and disadvantages of paying everything off
• The advantages and disadvantages of paying focusing on acquiring assets over debt
• Considering financial strategies relative to your stage in life
• The strategy IBC employs and why
• What it means to become your own banker
• Utilizing strong dollars today and paying for things with weaker dollars tomorrow
• Making money do more than one job at a time
• When paying off debt actually becomes counter-productive to your financial growth

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/