With traditional methods, you can do one of two things with your money: Spend it, or save it.
If you spend it, that money’s gone and can’t be used for anything else. And since you’ve spent it, it can’t appreciate for you: meaning you miss out on more than just the face value you spent.
That’s why it’s important to think about opportunity cost: the dollars you really miss out on when you have to spend your resources instead of saving or investing them.
In this episode I’ll explain exactly what I mean by this. I’ll also share how IBC can safeguard you from squandering a fortune in opportunity costs.
Listen now!
Show highlights include:
- How IBC lets you “have your cake and eat it too” with your money. (2:57)
- What is “opportunity cost” anyway? Crystal clear definition to eliminate confusion. (3:03)
- Sneaky way car payments keep you broke, even if they’re well within your budget. (3:52)
- How to spend today without compromising your savings for tomorrow. (8:17)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
