103: The Extraordinary Potential of Saving Money with IBC
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Be sure to check the link below for additional resources in this episode! This week, we discuss the almost unreal financial potential of saving money. Yes, saving money. In today's world of unicorn startups, crypto, and all-time-high bull markets, saving money can sometimes seem like a wasted effort. We're here to show you that good, old-fashioned money saving might soon be viewed as the next "hack" to gaining financial freedom. Contrary to popular opinion, it's incredibly powerful and not as hard as you think. Also - check out this video to see how saving at 4% beats investing at 10% 🤯 Your Maximum Financial Potential ---- EPISODE HIGHLIGHTS: (00:38) We all have a savings problem - and it's not what you think (01:17) Silicon Valley has a BIG savings problem - and it is what you think (04:44) High time preference - "Keeping up with the Joneses" (14:10) Parkinson's Law and burn rate (17:24) The Infinite Banking Concept - a strategic solution to saving (26:29) Creating a wealth coordination account to turn savings upside down ---- LINKS: Get in touch: SCHEDULE A CONSULTATION Online Course: IBC MASTERY ---- About Your Hosts: Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics! John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide. John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide. ---- Connect with us Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today! ---- ONLINE COURSE: Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®. Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance: IBC MASTERY
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