After having three McGriff weddings over the span of a few months, the Joel and Colton share what's happening in their own lives on a financial level and how they are applying infinite banking and the systems that they talk about so often on the show. Today in particular, they dive into a story of how Colton and his wife approached a new real estate investment.
Highlights:
- A recap of the McGriff Family weddings - 1:12
- The most frequent feedback: I get the concept but how do I apply it? - 9:50
- Trying to find a new real estate investment and how does this tie into using the infinite banking system - 10:00
- Just because you have money on IBC doesn't mean you are going to make a stupid decision - 12:12
- Defining recurring expenses is with the acronym "VIMTUM" - 13:10
- How Joel let his son learn for himself - 16:30
- Banks will lend you money as long as you can prove that you don't need it - 17:25
- Sometimes you go through all the paperwork with banks only to be told: Cash Is King! - 20:05
- To the eyes of a loaner, Joel would still be uneligible today - 22:05
- The two biggest lessons: access to cash is gold + don't depend on outside institutions to achieve your financial goals - 24:30
- What you can do with the help of the McGriff - 26:18
Resources and Links:
https://www.themcgriffalliance.com
joel@themcgriffalliance.com
colton@themcgriffalliance.com
Phone: 205-991-4448
Schedule a Free Consultation by clicking here
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