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"The Problem"
Manage episode 429049092 series 3582090
Scott Gannon에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Scott Gannon 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
In this week's episode, Scott explores "the problem" with traditional finance in North America, a concept introduced by R. Nelson Nash, the founder of the Infinite Banking Concept and author of "Becoming Your Own Banker:" you finance everything you buy, whether by using your own money and losing potential interest, or by paying interest when borrowing someone else's money.
Scott explains how this traditional approach results in lost opportunity cost, using the example of buying a car. Whether you save and pay cash or finance and repay a loan, you end up at zero, missing out on potential growth for your money.
But there’s a solution. Learn about the simple, yet effective strategy for avoiding "the problem." This approach allows you to avoid lost opportunity costs and keeps your money growing, even when you use it.
Break free from the cycle of losing interest and start financing your future in a more efficient way with Magnify Wealth.
27 에피소드
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