• 025 - Financing Options (BYOB Pt 3)

  • Sep 6 2024
  • Length: 54 mins
  • Podcast

025 - Financing Options (BYOB Pt 3)

  • Summary

  • In this conversation, Raymond and Kyle discuss the different methods of financing a vehicle and compare them to the Infinite Banking Concept (IBC) outlined in the book 'Becoming Your Own Banker'. They cover leasing, financing through a bank, paying cash, using a certificate of deposit (CD), and implementing IBC. They emphasize the importance of capitalization and the value of motion in growing wealth. They also highlight the potential savings and benefits of using IBC compared to other methods. The conversation provides insights into the financial strategies and mindset needed to build wealth. In this conversation, Raymond and Kyle discuss the concept of infinite banking and how it compares to other financial methods. They highlight the benefits of infinite banking, such as higher returns on investment and greater control over finances. They also emphasize the importance of thinking like a banker and creating assets through loans. The conversation concludes with a reminder to subscribe, share, and spread the knowledge of infinite banking.

    ---Resources---

    Becoming Your Own Banker (InfiniteBanking.org)

    ---Credits---

    Kyle Reese: https://createtailwind.com/

    Raymond Ward: https://www.calendly.com/meet-with-ray-ward

    Intro & Outro Music: Just like the Sun, by Bonkers Beat Club acquired through epidemic sound

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