Do you ever wonder why some appear financially prosperous while others constantly struggle to save? The answer lies in our society’s misconceptions about how money works and the best strategies to save for an uncertain future. Over the last century, the key difference between the ultra-wealthy and those living paycheck to paycheck has been their approach to managing their money. It’s time to discover the tricks of the mega-rich and uncover the secrets that banks don’t want you to know.
In this episode, Vance Lowe and Seth Hicks, Esq, delve into the mindset of the ultra-wealthy, exploring the five financial laws to overcome and the three money principles everyone should live by.
Vance and Seth also talk about:
(04:05) Who benefits from infinite banking?
(05:36) Understand “Golden Rule” of budgeting
(09:05) Beware of the “Arrival Syndrome.”
(16:08) Learn how to pay yourself first
(18:18) What is the 10% rule – why is it so important
(23:19) Why you should avoid paying cash for everything
(26:45) The secret banks don’t want you to know
Twin Sister’s financing of automobiles (CD vs. Private Banking Strategy)
https://drive.google.com/file/d/1IY1JeWjADqv3w4rB0YMJK2q9Fj6PAkfy/view?usp=sharing
To learn more about the concepts behind Private Banking Strategies®, download a copy of our E-book:
https://privatebankingstrategies.com/resources/free-e-book/
Connect with Seth Hicks and Vance Lowe:
Seth’s LinkedIn: https://www.linkedin.com/in/privatebankingstrategies/
Vance’s Linked In: https://www.linkedin.com/in/vancedlowe-rfc-chfc-351479100/
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