On their mission of designing strategies for financial security, Colton and Joel McGriff dive deep into infinite banking and why it matters most at the beginning of an investment career. Today, they talk about the basics of banking and how to use the cash flow management system. Stay tuned and enjoy!
Highlights:
- The maximum potential calculation - 1:30
- The importance of savings - 2:31
- Definition of risk - 3:15
- Understanding the cash flow management system - 4:27
- The importance of capitalization - 4:50
- Investors and deposits - 5:20
- Having a savings account to capitalize - 5:35
- What happens when you have your own bank - 6:43
- The capitalization period - 8:22
- Starting to capitalize and understand the maximum potential calculation - 9:00
- Rate of return and capitalization - 10:09
- Focusing on the wrong things - 10:51
- The infinite banking solutions to capitalize your money - 11:43
- Delay of gratification - 13:20
Resources and Links:
https://www.themcgriffalliance.com
joel@themcgriffalliance.com
colton@themcgriffalliance.com
Phone: 205-991-4448
How to Listen:
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