E51: Three Concealed Bank Myths Costing You Money

In this episode, find out about the three most common bank myths costing you money. Changing the way you think about banking can put thousands of dollars in your pocket.

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Today, we share how to build your own bank and some of the issues with traditional banking. You see, the way that most of us treat our money actually costs us money and we don't even know it.

If you change the way you think, we believe you can make a lot more money because banking is probably rather inefficient for most people.

Topics Discussed:

• When a "free" account isn't actually free.
• Rethinking opportunity cost in your everyday life.
• Do banks have their own money or are they merely using yours?
• The reality of how the bank gets you coming and going.
• Taxes and more sneaky taxes.
• Staying liquid outside of a bank.

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/