The wealthy create instead of conforming, focusing on directing their money into assets that generate passive income rather than spending it on expenses like the poor or putting it into retirement accounts like the middle class. They prioritize controlling their money and ensuring it is always in motion to harness the velocity of money. Importantly, the wealthy make their money work for them, rather than working for money, and understand how to create opportunities and businesses to enhance their wealth.
Robert Leonard and Chris Naugle talks through the concept of “infinite banking” in-depth.
Chris is an accomplished entrepreneur, real estate investor, and author. He is the CEO and Founder of FlipOut Academy and The Money School, while having also participated in an HGTV show “Risky Builders” with his wife Lorissa.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
07:01 - What is infinite banking?
07:01 - Why it may, or may not, be "too good to be true."
14:47 - How to use infinite banking to get out of debt.
14:47 - Who uses infinite banking successfully right now?
22:39 - How to use infinite banking to build wealth.
And much, much more!
BOOKS AND RESOURCES
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