Bringing truth to the financial world, the McGriffs talk about a review of Nelson Nash's Book: Becoming Your Own Banker. They dive into a specific section of his book "The Problem", so stay tuned and enjoy this episode!
Highlights:
- An alternative way to handle financial matters in life - 2:26
- What they appreciate about Nelson Nash - 2:43
- The section called "The Problem" - 3:00
- Nelson's "typical American's spending habits" - 3:33
- The problem that a lot of people miss - 4:30
- Nash using analogies to describe situations and explains - 6:44
- Recapture the interest - 8:51
- Be successful as a bank - 9:15
- Getting a high rate of return - 11:48
- Segment our lives in financial terms - 12:00
- The biggest thing to take into account when it comes to starting a bank - 12:38
- Financing everything that you purchase? - 14:02
- It is about a banking system - 15:35
- Wanting to have as much certainty as possible - 17:15
- An analogy explaining Nelson's thoughts - 18:17
- A certain amount of certainty - 19:54
- If you are not growing, you are dying - 25:10
Resources and Links:
https://www.themcgriffalliance.com
joel@themcgriffalliance.com
colton@themcgriffalliance.com
Phone: 205-991-4448
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