![Podcast_040 Podcast_040](https://cashflowninja.com/wp-content/uploads/2016/08/Podcast_040.jpg)
[podcast src=”https://html5-player.libsyn.com/embed/episode/id/4613388/height/90/theme/custom/autoplay/no/autonext/no/thumbnail/yes/preload/no/no_addthis/no/direction/forward/render-playlist/no/custom-color/88AA3C/” height=”90″ width=”100%” placement=”top” theme=”custom”]
In this episode, we are discussing the concepts and meaning of the terms “price”, “cost” and “value”. There is a very big difference between the price of any product and or service, the real cost of the product and service and the value that this product and or service is providing to us in our lives.
We look at why it is important to evaluate every decision to buy a product and or service, or an asset by looking at the price, the real cost and the value that it will add to our lives. I use the examples of home ownership, investing in the same single family property and renting the same investment property. I also look at a practical example I come across in my wealth management and education firm looking at term insurance versus permanent life insurance.
Recommended Book:
Subscribe To Our Weekly Newsletter:
The Wealth Dojo: https://subscribe.wealthdojo.
Download all the Niches Trilogy Books:
The 21 Best Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book
Audio: https://podcasters.spotify.com/pod/show/21-best-cashflow-niches
The 21 Most Unique Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches
Audio: https://podcasters.spotify.com/pod/show/21-most-unique-niches
The 21 Best Cash Growth Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches
Audio: https://podcasters.spotify.com/pod/show/21-cash-growth-niches
Listen To Cashflow Ninja Podcasts:
Cashflow Ninja
https://podcasters.spotify.com/pod/show/cashflowninja
Cashflow Investing Secrets
https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets
Cashflow Ninja Banking
https://podcasters.spotify.com/pod/show/cashflow-ninja-banking
Resources:
Share This
Related
![Chris Rawley Shares How To Invest In Livestock Chris Rawley Shares How To Invest In Livestock](https://cashflowninja.com/wp-content/uploads/2024/07/Chris-Rawley-Shares-How-To-Invest-In-Livestock.jpg)
840: Chris Rawley: How To Invest In Livestock
My guest in this episode is Chris Rawley. Chris is a retired Navy Reserve Captain, founded Harvest Returns in 2016 to democratize agricultural investments. During his 30-year military career, Rawley served in leadership roles across naval, expeditionary, and joint special operations units, deploying to regions such as Afghanistan, Iraq, Africa, the Middle East, and the…
![Louis O'Connor The Exciting Trends For Rare Earth Metals Right Now Louis O'Connor The Exciting Trends For Rare Earth Metals Right Now](https://cashflowninja.com/wp-content/uploads/2024/07/Louis-OConnor-The-Exciting-Trends-For-Rare-Earth-Metals-Right-Now.jpg)
839: Louis O’Connor: The Exciting Trends For Rare Earth Metals Right Now
My guest in this episode is Louis O’ Connor. Louis is the Founder, and Principal of Strategic Metals Invest. We are the only industry supplier in the world to offer private investors the option to purchase and profit from owning Strategic Metals. The investment play is exactly the same paradigm as investing in Precious Metals,…
![Michael Cobb Shares How to Buy Your Home Overseas And Get It Right The First Time Michael Cobb Shares How to Buy Your Home Overseas And Get It Right The First Time](https://cashflowninja.com/wp-content/uploads/2024/07/Michael-Cobb-Shares-How-to-Buy-Your-Home-Overseas-And-Get-It-Right-The-First-Time.jpg)
838: Michael Cobb: How To Buy Your Home Overseas And Get It Right The First Time
Our guest today is Mike Cobb, co-founder & CEO of ECI Development and President of Gran Pacifica. Named among the “100 Outstanding CEOs in Central America” by Mercados & Tendencias, Mike left a successful career in the computer industry to pursue opportunities in the emerging real estate markets of Central America. In 1996, he co-founded…