Skip to content
TrackPodcasts
businessSep 17, 201823:55pending

E51: Three Concealed Bank Myths Costing You Money

About this episode

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.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e51

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/

Get every episode summarized

Each time Dollars and Nonsense publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

Hosts & guests

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

E51: Three Concealed Bank Myths Costing You Money

Dollars and Nonsense

0:00
23:55

More episodes

More from Dollars and Nonsense

View all episodes →