61: Capital, Banking, and The IBC Grocery Store Analogy

Strategic Whole Life by Infinite Banking Authorized Practitioners

In his book, Becoming Your Own Banker, Nelson Nash did something very special to help readers gain a deeper understanding of the importance of capital formation.

Rather than discuss money directly, he talked about it through the example of a grocery store owner stocking cans of peas.

Nelson used food inventory because, just like money, it can be both sold and consumed.

In this episode, we discuss the Grocery Store Analogy as a foundation to understanding The Infinite Banking Concept®.

"Don't steal the peas!"

Link to episode: https://www.thefifthedition.com/ibc-grocery-store-analogy

Episode Highlights:

0:00 - Introduction

0:12 - Episode beginning

1:16 - The grocery store analogy

3:03 - How does this relate to IBC?

8:18 - Being a part of what you consume

11:56 - Capital has to come from somewhere

13:55 - Being an honest dealer

18:26 - Episode wrap-up

About Your Hosts:

Hosts John Perrings and John Montoya are dedicated to spreading the word about The Infinite Banking Concept so you can discover for yourself how you and your loved ones can benefit with 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 the startup world of Silicon Valley where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.

Connect with us:

https://www.thefifthedition.com