Tired of paying high interest rates on loans for new vehicles? I Own My Bank’s e-book guides you through the process of financing and buying a car while using the infinite banking concept.
Wouldn't it be great if you could borrow money from yourself to buy a new car, rather than relying on high-interest loans from banks?
With I Own My Bank and the infinite banking concept, this dream can become a reality!
Check it out at https://www.iownmybank.com/blog/b/car
The company's e-book outlines the four most common ways of buying a new car, with a description of the pros and cons for each method, and also explains how IBC, as developed by R. Nelson Nash, can provide you with a greater degree of financial freedom.
The AA reports that cars depreciate immediately after being driven off the lot, and the average new car depreciates to around 40% of its original value after just three years, even though you may typically still be paying high-interest bank loans to finance the vehicle. “We’ve been taught to blindly dump our dollars into a depreciating asset and chalk it up to societal norms,” explains author Chris Naugle.
"At I Own My Bank, we’re dedicated to helping change the dynamic of where interest payments go and who they go to in the process of the car purchases made over your lifetime", says infinite banker Will Love.
The e-book explains the Money Multiplier Method, a foundational principle of IBC based on three primary ideas: Pay Yourself First, Pay Yourself Back With Interest, and Recycle and Recapture the Money You Spend. Chris explains the logic behind each principle and the way you can apply it in real-world terms.
You'll also find an in-depth analysis of the math behind IBC with calculations of the way you can save money if you become the bank, rather than taking out high-interest loans.
Chris includes detailed case studies to demonstrate how IBC works when put into action, as well as a step-by-step guide for you to apply the principles for yourself using a whole life insurance policy with premiums that create cash value within the first 30 days.
Consumers have positive reviews for I Own My Bank and the IBC method. This has been the most eye-opening money management program I have ever seen,” says Zarlita W. “I feel blessed to have received the opportunity to participate!”
Start transforming your finances today with I Own My Bank!
Learn more at https://www.iownmybank.com/blog/b/car
