Wealth Talks podcast is an educational podcast that helps you build Wealth in all areas of your life. Increase your Financial IQ, develop personal growth, and create a lasting legacy all while getting exposed to the strategies that successful people are using. You’ll get actionable strategies and intelligence that you can immediately put to use to start creating real and lasting generational wealth. See more on our website: https://www.life-benefits.com/podcasts
Josh listens to Wealth Talks on his way to work and he asked us to do a rebuttal to an episode of Dave Ramsey’s show where he is talking about the infinite banking concept. We happen to know a lot about the infinite banking concept, so if anyone can add perspective to Dave Ramsey’s video about the Infinite Banking Concept it would be us.
The video Josh sent to us is called Heated Debate Between Infinite Banker and Dave Ramsey if you need more context to anything we talk about in this podcast the link to that video is here: https://www.youtube.com/watch?v=A-NKv_wp8DM
If anyone knows Jim from Nashville who was on this episode of the Dave Ramsey show, please email [email protected] and let us know. It sounds like Jim has put a lot of thought into what he is doing for his son and we would like to hear more about it.
Review WealthTalks on Apple Podcast here: https://podcasts.apple.com/us/podcast/wealth-talks/id978187163
As a listener of the Wealth Talks Podcast you too can request episodes that answer your questions or talk about something you want to know more about, just send an email to [email protected]
There has been a lot of money transferred from the accounts of working Americans into the coffers of the U.S. Government from the income tax alone. But worse than that it has created division among Americans and that is the worst repercussion of the 16th amendment.
In this episode we talk about:
• Tax avoidance vs. tax evasion• Tax avoidance procedures• Tax planning measures• Tax fighting duties
Listen as we will talk about ways to avoid income taxes, pay income taxes and fight back against the progression of the income tax.
What do you think of the 16th amendment?
The Richest Man in Babylon book has the reputation of being responsible for creating more millionaires than any other book in print. If that is the case, the advice in this book may be the best financial advice in the world.
The financial advice given in this book has many aspects. One of the most fundamental of these is the 10-20-70 Rule.
The powerful thing about the 10-20-70 rule is that no matter how much or how little money you make there is always 10%... 20%... and 70%. And it works on any scale.
Listen and discover how to apply this fundamental financial principal to your finances, and then watch how it transforms your life.
Resources:How to get a Whole Life Insurance Policy: Contact McFie Insurance 702-660-7000 | [email protected] | https://mcfieinsurance.com/
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Listen to the Wealth Talks Podcast on:
Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163
Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8
Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu
In days gone by many private companies could offer pensions that would actually support someone financially in retirement, but those days are gone and so are the pensions.
The financial side of retirement is extremely uncertain, many mainstream retirement plans are mediocre at best and while the desire to retire persists among people, the financial challenges of retirement have increased.
The Financial Side of retirement can be better than the forecast looks, if you do something different than what most Americans are doing.
Watch this episode and start planning for a better retirement now.
Watch on YouTube: https://www.youtube.com/@wealth-talks-podcast
Follow the Wealth Talks Podcast on:
Facebook: https://www.facebook.com/profile.php?id=61554798231074
Listen to the Wealth Talks Podcast on:
Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163
Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8
Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu
Inflation is like a thief that never comes.
It is good to protect yourself from inflation in every way you can. The bible says that if the man of the house knew what time the thief was coming he would be on the alert and not let his house be broken into.
We know the thief is here, our duty is to protect our financial house to the best of our ability.
This episode of Wealth Talks Podcast is a timely episode for how to combat inflation in 2024.
Resources:
How to get a Whole Life Insurance Policy: Contact McFie Insurance 702-660-7000 | [email protected] | https://mcfieinsurance.com/
Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==
Facebook: https://www.facebook.com/profile.php?id=61554798231074
Listen to the Wealth Talks Podcast on:
Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8
This is an example of how someone used the Infinite Banking Concept and the cash value of their life insurance to expand their welding and fabrication business. One of the owners of Brothers Fab Shop joins us in the studio to answer all our questions.
We ask about: The expansion opportunity How to borrow from a policy Have they paid the loans back yet How has the expansion affected business and more
This episode of Wealth Talks Podcast is a great episode for anyone who owns a business. This is how the Infinite Banking Concept can work for a business owner.
Resources: How to get an Infinite Banking Policy: Contact McFie Insurance 702-660-7000 | [email protected] | www.mcfieinsurance.com
Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074
Watch on YouTube: https://youtu.be/Z8XUZ825QP8
In this episode we review the numbers of the first Infinite Banking policy we bought. We have owned the policy for 18 years now so you could say it’s an adult policy now. Over the years, We have paid lots of premiums on this policy and we have also used policy loans against the cash value for many things. We go over all of it in this episode, episode 463, of The Wealth Talks Podcast.
Resources: 2 Ways to pay the most hated tax in America: https://www.youtube.com/watch?v=dBG9Gk8lGTw
Get a good Infinite Banking policy for yourself: https://mcfieinsurance.com/ 702-660-7000 mailto: [email protected]
Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074
Watch on YouTube: https://youtu.be/iOb_5_It0b4
In 2005 our family went on vacation. We drove from Oregon where we lived at that time down to San Diego California to spend some time on the beach. But on this particular vacation Dad may have been more excited about a book he was reading than the vacation we were taking.
We had not been thrilled with all of the results we were getting from the financial advice we had followed most of our life, and here were some of the missing pieces in this book.
The Infinite Banking Concept is a way of thinking that can revolutionize your financial future.
In this podcast we talk about how we found The Infinite Banking Concept.
Resources: Contact McFie Insurance to buy life insurance or for a life insurance review: 702-660-7000 mailto: [email protected]
Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074
Watch on YouTube: https://youtu.be/D79Rx01vFNQ
Our son Jesse, Is getting married this month, Jesse will be the first of our 8 children to get married. We are very happy for him and his soon to be wife, Alyssa.
We thought it would be interesting and useful to have Jesse join us in the studio for this episode of Wealth Talks to talk about premarital financial considerations, house hunting and wedding plans among other things.
Resources: To buy life insurance or get a life insurance review, contact McFie Insurance. mailto: [email protected] or 702-660-7000.
Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074
Watch on YouTube: https://youtu.be/8Yj3ICOJbu4
#wedding #finances #housebuying
Interest rates are rising right now and being in debt is becoming more expensive all the time. In this episode, episode 460 of the wealth talks podcast, we are going to talk about how to be debt free.
Becoming debt free can be a daunting task, many people will never know what it feels like to be debt free.
People take on debt voluntarily or involuntarily. Voluntary debt in our country often involves student loans and credit cards. Involuntary debt often involves emergencies. To truly be “debt free” you can’t have any debt, none, nada, zip, zero. This is how to be debt free.
Resources: https://mcfieinsurance.com/10-20-70-budget-system
Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074
Watch Wealth Talks Podcast on YouTube: https://www.youtube.com/@wealth-talks-podcast
It is good to have life insurance, but having bad life insurance can be worse than having no life insurance at all.
Michele reads a message from someone who writes in about how they bought the wrong kind of life insurance even though they were trying to get good life insurance.
We talk about how to get good life insurance and how to check the life insurance you already have to find out if it is good life insurance.
Life insurance is something you want to get right the first time because it gets more expensive with time.
Resources: Go here to get the free policy checklist we talk about in this episode: https://mcfieinsurance.com/podcasts/how-to-get-life-insurance/
Follow on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074
Watch Wealth Talks Podcast on YouTube: https://youtu.be/rSNhjrw0P0s
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