2024 Think Tank Takeaways

18/07/2024 13 min Episodio 131
2024 Think Tank Takeaways

Listen "2024 Think Tank Takeaways"

Episode Synopsis

Fresh off of the return from IBC Think Tank, Wade shares his thoughts and takeaways of the event. This unique gathering is a must-attend for IBC practitioners and anyone interested in exploring the concept of Infinite Banking. He shares key takeaways and insights from the event, starting with a profound realization: "Premium is a contribution to capital." Join Wade as he unpacks this and more, aiming to provide valuable content for those who want to understand becoming their own banker. Episode Highlights 01:57- Rethinking your thinking. 04:11 - Two businesses: a back-and-forth exchange of time and money. 04:36 - Importance of recognizing you're in the banking business. 05:55 - Contribution to capital explained. 07:00 - Understanding the problem and seeing premium as the solution. 08:11 - Capital: necessary for both business and personal life. 09:39 - Premium as a contribution to capital. 11:13 - Saving and reliance on banks. 12:57 - Control through capital contribution. 14:06 - Avoiding frustration and potholes. 16:59 - Long-term commitment and building a personal financing system.   Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/ [email protected] 

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