E148: The Big Differences - Owning a life insurance policy vs being your own banker

In this episode, we discussed the difference between owning a life insurance policy and being your own banker.

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https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e148

Topics Discussed:

• Why merely buying a policy alone is not practicing Infinite Banking
• How nearly everyone is already in banking -- even if they don't know it yet
• Why understanding which business you are really in is so important
• Why Nelson Nash said everyone is in two businesses
• Thinking strategically in addition to tactically about wealth building
• How being your own banker impacts real estate investing
• Using IBC for investment diversification

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/