Ep. 42 - Creating a Bank Like the One You Know
Farming Without the Bank Podcast
English - May 15, 2020 10:00 - 26 minutes - 22.6 MB - ★★★★★ - 219 ratingsInvesting Business Management cash retirement saving advice bank farming finance flow investment money Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep. 41 - Policies on Minors
Next Episode: Ep. 43 - Client Interview: Nate Bliler
Today I go over this chapter from Becoming Your Own Banker and break down what Nelson was trying to say. Opening a new bank is not easy; it takes capital and time, just as a life insurance policy does. When you own the bank, you can also destroy that bank by not being honest with your money. In this episode, I explain why and what can happen as a result.