• What's the Opportunity Cost of NOT Financing Through Your Banking System

  • Aug 22 2024
  • Duración: 10 m
  • Podcast

What's the Opportunity Cost of NOT Financing Through Your Banking System

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  • Resumen

  • With traditional methods, you can do one of two things with your money: Spend it, or save it.

    If you spend it, that money’s gone and can’t be used for anything else. And since you’ve spent it, it can’t appreciate for you: meaning you miss out on more than just the face value you spent.

    That’s why it’s important to think about opportunity cost: the dollars you really miss out on when you have to spend your resources instead of saving or investing them.

    In this episode I’ll explain exactly what I mean by this. I’ll also share how IBC can safeguard you from squandering a fortune in opportunity costs.

    Listen now!

    Show highlights include:

    • How IBC lets you “have your cake and eat it too” with your money. (2:57)
    • What is “opportunity cost” anyway? Crystal clear definition to eliminate confusion. (3:03)
    • Sneaky way car payments keep you broke, even if they’re well within your budget. (3:52)
    • How to spend today without compromising your savings for tomorrow. (8:17)

    Reach out to me:
    valerie@alphaomegawealth.com
    https://www.linkedin.com/in/valerie-laroque-lacp-b569509
    Infinite Banking Mastery (infinitebankingnorthwest.com)
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