Chris Naugle and ‘I Own My Bank’ have launched the updated Drifting Away From Traditional Car Buying, an eBook which teaches readers how they can use the Infinite Banking Concept when purchasing their next car.
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With their updated eBook, Chris Naugle and ‘I Own My Bank’ outline what Infinite Banking is, as well as its tax-free benefits for those wishing to fund large purchases without taking out a high-interest bank loan.
More information is available at https://www.iownmybank.com/blog/b/car
Alongside the eBook update, ‘I Own My Bank’ also offers a live webinar that further explores the Infinite Banking Concept (IBC) with real-life examples of how it can be used for buying a car or other large ticket item.
Despite the fact that anyone who takes out a bank loan can end up paying much more back than they originally received, it is still the most common method for raising money to make a big purchase. Furthermore, those with financial knowledge, such as the wealthy elite, do not use bank loans, and instead use strategies such as the IBC.
To make these strategies available to more individuals, ‘I Own My Bank’ and Chris Naugle distilled their knowledge of IBC into a comprehensive primer.
As explained in Drifting Away From Traditional Car Buying, the IBC was developed and outlined by economist R. Nelson Nash in his book ‘Becoming Your Own Banker.’ The concept involves the use of whole life insurance policies as a dividend-paying asset that has lower interest rates when compared to bank loans.
The eBook also outlines how to use The Multiplier Method in combination with IBC for a repeatable and consistent means of protecting an individual’s income. This method is based on the three foundational principles of "pay yourself first", "pay yourself back with interest", and "recycle and recapture the money you spend".
To make the information found in Drifting Away From Traditional Car Buying accessible to anyone who needs it, the eBook is available at no expense. Additionally, ‘I Own My Bank’ offers consultations for those wishing to learn more about how to incorporate IBC into their own finances.
When speaking of IBC, a spokesperson for ‘I Own My Bank,’ said, “Imagine being able to buy a car without ever having to worry about the constraints of traditional financing. With one of the oldest processes used for car buying, you can do just that.”
Interested parties can find more information by visiting https://www.iownmybank.com/blog/b/car
Contact Info:
Name: Will C Ellis
Email: Send Email
Organization: I Own My Bank®
Address: 3111 New Jersey 38 Ste 11 #233, Mount Laurel Township, NJ 08054, United States
Website: https://www.iownmybank.com/blog/b/car
Source: PressCable
Release ID: 89125216
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