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Episode 36: Can One Dollar do Two Jobs at Once?
Welcome back to The IBC Guys Podcast!
In this episode of The IBC Guys, Dave poses the question. “Can One Dollar do Two Jobs at once?” The answer: YES! Dave discusses how this simple question gets at the heart of IBC. The one dollar (1) stays within the policy growing one dividends, interest, and an internal rate of return while at the same time (2) is able to be leveraged to go pay for the things one already has slated in their budget. It’s not too crazy to be true - it’s IBC!
Also in this episode, Dave surprises himself with a good example, he uses other people’s money, and he’s excited for next week’s episode!
Key takeaway: Re-think your thinking. Understanding that one dollar is doing two jobs at once is a great way to understand IBC!
Resources Mentioned:
📩 Email: Dave@familybankingsolutions.com | Mike@familybankingsolutions.com
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