Warren Buffet and Savings
Wealth Talks
Warren Buffet has some advice on saving. We listen to what he has to say and discuss it. Savings is the foundation of building wealth. If you can keep your savings earning a return while you also use it to buy things, you can grow wealth even faster. Listen and discover how to grow wealth. Go here to get the Infinite Banking Made Simple Binder for free: Follow the Wealth Talks Podcast on: Instagram: Facebook: Watch the Wealth Talks Podcast on: YouTube:
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Lump Sum Infinite Banking Policy
Wealth Talks
A common question we get asked is, can I start Infinite Banking with a Lump Sum? The short answer is: Yes We find that what most people are really asking with this question is, Does it make sense to start Infinite Banking with a lump sum? A detailed answer will take into consideration the specific amount of the lump sum, personal details, as well as rules and regulations that will apply to you, and will tell you not only if it is possible, but if it is profitable. In this episode we share examples and scenarios that we've designed and observed, where people have funded Infinite Banking...
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Qualified Plans vs Infinite Banking
Wealth Talks
When people think about saving money to get ahead financially, they often think about a qualified plan. Unfortunately, qualified plans have not been all what they were cracked up to be, and today people are saving less than, before they were introduced to āhelp people save moreā Savings have become an after thought for many people today. In reality, savings should be treated with as much urgency and importance as your house payment, car payment and other expenses. It is easier to save money when its is not locked away behind early access penalties. Its easier to save when your savings are...
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Retirement Funding with Infinite Banking
Wealth Talks
People are not saving enough for retirement. People who are saving, are not saving in the best places. This is creating a lack of funds in retirement, and often a need to go back to work later in life. Neither of these are good options. We help people plan for and fund their retirement in a non conventional way. This allows our clients to have the freedom to progress financially even in retirement, rather than having to retire to a less and diminishing amount of income.
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The Infinite Banking Mindset
Wealth Talks
š INFINITE BANKING MADE SIMPLE | Get the free binder here: Gaining a new perspective is essential for growth and transformation. Itās easy to stay locked into familiar ways of thinking, but changing your thinking and mindset will unlock new potential. Listen as Michele and John bring to life small easy steps you can make to transform your finances and life to the next level. It all starts with where you are and with what you have. Listen Now
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Money, Marriage and Kevin OāLeary
Wealth Talks
Today we're going to talk about how to discuss money in your marriage, and when. We'll also have a discussion on managing your own home economy. Money and Marriage are two things that should go together well. If they donāt go together well, they usually no longer go together at all. Divorce happens. Divorce is never pretty, and deconstruction of a family is bad for everyone. We have had to make financial decisions in our marriage over the years that we never would have anticipated. We have also witnessed other couples make financial decisions over the years (good and bad). You'll get to hear...
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Infinite Banking Seminar Report | Episode 521
Wealth Talks
š INFINITE BANKING MADE SIMPLE | Get the free binder here: Here are some highlights from our recent live seminar Infinite Banking Made Simple. One of the seminar attendees wrote: "Anyone can benefit from this [the Infinite Banking Concept] if they can wrap their mind around it." She is right! Go here to get the Infinite Banking Made Simple Binder for free: Follow the Wealth Talks Podcast on: Instagram: Facebook: Watch the Wealth Talks Podcast on: YouTube:
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People's Biggest Financial Mistakes
Wealth Talks
š INFINITE BANKING MADE SIMPLE | Get the free binder here: Today we are discussing the biggest financial mistakes that we see people make. It is our hope that by discussing these financial mistakes you can avoid making them yourself. Watch on YouTube: Follow the Wealth Talks Podcast on: Instagram: Facebook:
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How to Have Financial Freedom
Wealth Talks
š INFINITE BANKING MADE SIMPLE | GET THE BINDER HERE: https://mcfieinsurance.com/ What is Financial Freedom? Is it the ability to buy anything you want at any time without looking at the price tag? Is it having enough money that you āNever have to work again.ā Is it not having any debt and no debt payments? Money isnāt everything, but it rates reasonably close to oxygen on the āgotta have it scaleā Everybody knows what money is, but what is financial freedom? Do people have financial freedom once they finally have a million dollars in a bank account?...
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Recover Interest With Infinite Banking
Wealth Talks
In the 1990s, Americans on average were spending 34.5 cents per every dollar on interest. That means when you make 1,000 dollars, you only get to keep 655. If this is what was happening 30 years ago, imagine how bad it is today! This podcast is about How to Keep More of the Money You Make by recovering interest cost in your life. Listen to the Wealth Talks Podcast on: Apple Podcasts: Spotify: Youtube Music:
info_outline19 out of 20 Americans with a 401(k) are paying fees of some sort whether they know it or not. š° Even if the account, or advisor, does not charge a management fee, there are usually fees hidden in various ways.
If you know these fees are present you can figure out how to deal with them, overcome, or avoid them strategically. Just donāt be a sucker and think you have no fees until itās too late to recover the money you lose.
If youāre going to invest, be aware of expense ratios, transaction fees, and front-end or back-end fees. There can even be custodial or accounting fees. Not all of these fees are easy to track down especially when they are pre-packaged within various investments or funds so you simply see a net return.
Even when you just have money in a bank there are possible fees so it pays to be vigilant and strategic about how you save money and where you save your money.