Today, Colton talks about a very personal experience: finding a home to start a life with his soon to be wife. Listen in as he shares how looking for a home expanded his mindset on how you should think about the infinite banking concept and how Joel, his dad, guided him into what was the best financial option for him. You'll be surprised by this one!
Highlights:
- How much interests you need to pay for a 30 years mortgage - 2:20
- Buying a home - 2:47
- Paying interests in the first year - 3:00
- You are not throwing away money you are paying for something you are going to use - 3:23
- An economy in chaos - 5:02
- Some tax advantages - 5:55
- The banker is the one that is smiling all time - 7:27
- Understanding the Infinite Banking Concept on a sophisticated level - 8:11
- Being in the banking role - 9:50
- Thinking about how much you pay on interests - 11:00
- The money has to flow somewhere - 11:50
- Thinking on a home purchase - 12:52
- The end of the mortgage - 16:00
- The financial slavery - 17:51
Resources and Links:
https://www.themcgriffalliance.com
joel@themcgriffalliance.com
colton@themcgriffalliance.com
Phone: 205-991-4448
How to Listen:
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