How To Fund A Car Purchase Without Bank Loans With The Infinite Banking Concept

Mar 23, 2024

Thinking of buying a new car? Wishing you didn’t have to get a bank loan that’ll end up costing twice the amount? Then you need to get Chris Naugle and I Own My Bank’s eBook on the Infinite Banking Concept.

Other than robbing a bank, there aren’t many ways of quickly raising money to fund a car purchase that doesn’t involve a loan of some kind. But, instead of getting tied into lengthy high-interest bank loan repayments, what if there was a better way?

That’s exactly what Chris Naugle and I Own My Bank offer you with Drifting Away From Traditional Car Buying, an eBook that teaches you how to use the Infinite Banking Concept (IBC) for purchasing your next car.

Visit https://www.iownmybank.com/blog/b/car for more information.

Alongside the eBook, I Own My Bank also offers a live webinar that further explores the IBC with real-life examples of how you can use it 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 this concise but comprehensive volume. 

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 you can use The Multiplier Method in combination with IBC for a repeatable and consistent means of protecting your 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 to you for free. Additionally, I Own My Bank offers you consultations should you wish to learn more about how to incorporate IBC into your 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.”

Learn how to avoid high-interest bank loans and start making your money work for you with I Own My Bank’s knowledge-packed primer on the IBC!

For more information, you can visit https://www.iownmybank.com/blog/b/car where you can get your copy of the eBook today.


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