Summary: With a slowing economy, uncertainty on Wall Street, and an increasingly powerful government, many of us are uncertain of our financial future. This podcast, brought to you by Becomingyourownbank.com, brings insight and sheds light on how to create wealth in a difficult economy. We go in depth on many ideas including Infinite Banking, Arbitrage, and Immediate Legacy.
Hey. Thanks for stopping by this post. I am starting this out odd because, well, I’m a bit tired. The reason. This is the third time I am writing this post. I started out trying to show how to use life insurance with debts, but it got way too complicated. And every situation is so […]
I was in a bit of an online argument (don’t worry I’m ok) the other day with a guy on some random website comments. These are unproductive, for the most part, and Dan Thompson would be telling me it’s a waste of time. Probably true. To continue, we were about done with it all when […]
Many people are unaware they have options when it comes to creating a high cash value life insurance policy. And, to be honest, I wasn’t able to offer these options for a long time, and most people in this business still do not have this ability. So, being able to give you options has been […]
After a long and arduous battle with a lengthy blog post idea on this topic, I realized that a podcast was going to be much easier. And now, for your less boring audio educational enjoyment… Life Insurance Premiums (Base, Paid Up Additions, Term, and Reduced Paid Up)
Have you been wondering if it’s worth it to make your purchases through a life insurance policy loan? Is it really worth it in the long run to take loans instead of pay cash… here’s our response to a question that we often get…
Let me tell you about Jim. Jim is 55, and Jim is pretty mad. I just got done reading an email from him and, he was in a fury, a bit humorous, but the angry overtones were definitely there. He’s mad at himself and the world that he didn’t understand the concept of compound interest […]
Nick's long lost cousin collected over $3,000 in pennies! Listen in as we talk about how far we would go to pick up loose change. Let's just say some will go farther than others...
If there was a strategy out there that actually made sure you never retire, would you care to know what it is? Maybe you wouldn’t care so much, unless of course you were one of the thousands that follow it, and didn’t know it. That being said, there is a such a strategy, and it [...]
This is one of our best podcasts to date! We're joined by Kim Blanton, a veteran financial writer and reporter, who runs the Squared Away Blog. Her blog is so awesome, when I ran across it I did everything I could to get her on our show and she graciously agreed. a
Max Herr, a Universal Life Insurance expert, joins us for part 2 of our Universal Life series. Max knows more about the ins and outs of these complicated polices than anyone else and took some time to answer our questions.
Special guest Mark Colbert joins us on part 1 of our 2 part series about Universal Life Insurance. After listening to this episode you'll understand why we're not strong proponents of Universal Life Insurance, and you'll learn what some very dishonest agents are doing out there to scam unsuspecting consumers.
Is our country financially stupid? Hardly. But you might be surprised at some of the findings in a recent financial literacy report. The report was run by Visa and gauges the financial strengths, but more importantly, the weaknesses of many different countries around the world. And the winner is…. I’ll get right to the final [...]
Often people are encouraged to go straight to tax deferral type retirement savings and government sponsored plans. However, in this podcast we dig a little bit deeper into this concept of tax deferral to determine if it is always the best go to for your retirement planning.
Government sponsored plans like 401ks and IRAs have played a major role in retirement planning for years. In this podcast, we share clips of real CPAs, and dig into the value of tax deferral, to understand the purpose of tax deferral, and determine if you should pay taxes now, or defer taxes, and pay them later.
It’s a common question, “How Do Policy Loans Really Work?” This video explains the ins and outs of policy loans.