
← Wealth Warehouse17 aug · 38 min
Car Repair vs. Buying New: The Financial Truth Using Family Banking #229
This episode will end any debate on what a person should do in a situation where they need to choose between replacing an engine or buying a new or used car and how the people who practice The Infinite Banking Concept have an advantage. Let us know in the comments if you got the car repair or upgraded your ride. #InfiniteBanking #CarFinancing #wealthwarehouse
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https://thewealthwarehousepodcast.com/
and if you're interested in checking out CoSpark as mentioned in the episode,
https://cospark.us/
Chapters
02:01 Discussion on the transition from summer to fall and yard work
04:52 The WhatsApp thread on vehicle buying and infinite banking
07:13 The common options most people consider when buying a car
09:05 The risks and considerations of repairing versus replacing a car engine
10:58 The pitfalls of buy term and invest the difference strategy