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hows it going everyone my name is Darius and Im Carmen and were the founders of wealth nation this is the seventh video that weve done on covering the becoming your own banker by mr. Aaron Nelson Nash and today what were going to cover is creating a bank just like the one you already know so what this section talks about is the fact that a traditional bank cost about twenty million dollars to start and even when you have that money you have to get on a waiting list to get that charter so mr. Nash is just giving you example of okay in theory were gonna create a bank but were not gonna actually go out and create a bank on the corner like Bank of America Wells Fargo yeah you dont need 20 million dollars for this instance yet yes so the whole idea about becoming your own banker and we get this question a lot is how do I create my own bank and and we are more so not talking about actually creating a brick-and-mortar bank were talking about replacing the banking functions in your l