How many copies of the book "Becoming Your Own Banker" does the speaker claim were sold?

Jayson LoweAscendant Financial

Are there any disadvantages of using credit cards to fund a business?

1 Dec 2025 · 1 min

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1:29

A short YouTube Q&A in which Jayson Lowe answers whether there are disadvantages to using credit cards to fund a business. Lowe warns that using credit cards can create a slippery slope when expenses rise to match income and when business owners lack discipline; he notes high (double-digit) interest rates and recommends the infinite banking concept as a superior alternative, citing the book Becoming Your Own Banker — which he says has sold "550 plus thousand copies."

Questions this video answers

"550 plus thousand copies" (as stated by Jayson Lowe).

Chapters

Now, what about credit cards? Would you say that there are cons to utilizing credit cards to fund the business?
Oh, that's a really good question. Would I say that there are cons to utilizing credit cards to finance a business? Yes. 1. First and foremost is the human condition. So when you find yourself in a position where your expenses are rising to equal income, even in the situation where you're a business owner and you begin to tap into credit because you need it, because there's not enough free cash flow to finance the things that your business needs, that can be a pretty slippery slope if you don't have the necessary discipline to manage that financial activity effectively. And not to mention most credit cards are charging double digit interest rates. There's a far better way than credit cards. And that better way is the infinite banking concept, hands down. And the best way to develop an understanding of what the infinite banking concept is first and foremost is to get your hands on a copy of this book titled becoming your own banker. It sold 550 plus thousand copies for a reason. The concept works. And so credit cards are a tool. You can accumulate points, you can, you know, take advantage of a 30 plus day float where you don't have to utilize your own capital to take care of whatever that investment or purchase is. But boy, that can become a pretty slippery slope if you don't have the discipline to manage it effectively.