• Income Under Management- Net Worth Doesn’t Pay the Bills

  • Jan 10 2025
  • Length: 39 mins
  • Podcast

Income Under Management- Net Worth Doesn’t Pay the Bills

  • Summary

  • Is money in the bank wealth? What is the value of money you can’t touch? Discover why cash flow might be more important than your net worth and how acquiring existing businesses could accelerate your path to financial freedom.


    In this episode, we explore the dynamic relationship between cash flow and net worth, introducing wealth-building approaches through strategic business acquisition and improved savings strategies. We challenge traditional financial models, showing why they often fall short of creating lasting wealth and examine more effective methods for managing income through tools such as Currence.


    We demonstrate the power of these principles through a real case study of a vending business acquisition, exploring how small business ownership and equity stakes can create growing income streams. When combined with the Infinite Banking Concept, these strategies offer a powerful alternative to conventional retirement planning, proving that conscious cash management and strategic business investments can transform modest savings into substantial, sustainable wealth.


    The Power of Cash Management The Currents app transforms savings psychology by making saving the default action, leading to an average 600% increase in savings rates. By requiring conscious spending decisions, this system helps capture raises and bonuses that would typically be lost to lifestyle inflation.


    Business Acquisition Strategies Opportunities abound in purchasing established businesses from retiring owners. Using SBA loans with just 10% down, investors can acquire cash-flowing businesses with proven track records, providing immediate profits while offering room for operational improvements.


    Creating Multiple Income Streams Through the Infinite Banking Concept (IBC), investors can build a portfolio of equity positions in operating businesses. Taking ownership stakes in multiple operations creates growing passive income streams, demonstrating the power of maintaining long-term equity over quick sales.


    ▶️ Chapters:

    00:00 Introduction & Military Stories

    08:00 Currents App & Savings Psychology

    14:00 The Power of Systematic Saving

    21:00 Business Acquisition Strategies

    27:00 Equity Stakes & Passive Income

    34:00 Future Opportunities


    Got Questions? Reach out to us at info@remnantfinance.com or book a call here!

    Visit https://remnantfinance.com for more information


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