We discuss why it's essential to stop going through the motions with your money. Step number one: determine what you're genuinely passionate about in your financial life and then make decisions that drive you towards your goal. If you define what success is, you can attain it. Find out how in this episode. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e75 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Many of us are...
Aug 26, 2019•19 min•Season 1Ep. 75
In this episode, we correct the three most common infinite banking myths so that you can build your banking system with clarity and confidence. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e74 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom We get the same questions over and over again. We also find the same issues when people try to get started with infinite banking. There is a common theme to the things that come ...
Aug 12, 2019•29 min•Season 1Ep. 74
In this episode, we will discuss one of the most frequently asked questions about money. How can I make sure that I don't run out of money before I die? We're going to give insight into why this happens and what you can do to make sure it doesn't happen to you. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e73 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom We've seen this become a bigger and bigger concern over the ...
Jul 29, 2019•24 min•Season 1Ep. 73
In this episode, we discuss the millennial financial crisis at hand, how it's getting worse, and what people can do to protect themselves. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e72 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: Why millennials are in such poor financial shape The biggest debt trap and when conventional investments don't yield the desired results The shift in focus from livi...
Jul 15, 2019•23 min•Season 1Ep. 72
e discuss the most important element for success with infinite banking, and how it can free you from financial slavery forever. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e71 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Topics Discussed: What is Parkinson's Law and what does it have to do with money How things expand to fill the available constraints The sneaky thing having more money encourages you to do (that...
Jul 01, 2019•23 min•Season 1Ep. 71
In this episode, we discuss what it means to be an honest banker and how you can protect yourself from being your own worst enemy as you're trying to become financially independent. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e70 Topics Discussed: The great responsiblity that comes with the power of becoming your own banker. What it means to be "an honest ba...
Jun 17, 2019•21 min•Season 1Ep. 70
We discuss the three biggest banking myths people believe. These myths can dictate your behavior and hold back your ability to build wealth. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e69 You often hear us talk about banking. We're not big fans of conventional banking. What we are enthusiastic about is you becoming your own banker and what we call personal ...
Jun 03, 2019•21 min•Season 1Ep. 69
We continue our discussion on mortgage myths and how to turn your house into an asset. You'll be able to beat the bank and pay yourself first. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e68 ~ Receive your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Mortgage Myths and Turn Your Home into an Asset: Using a bank and making money off their money How home equity is actually idle money (make it work for you) The unusual use for a ...
May 20, 2019•26 min•Season 1Ep. 68
We discuss how to avoid the biggest mortgage pitfalls most people fall into so you can use your mortgage to your advantage. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e67 This topic is big--too big for just one episode, in fact. So, we're going to make this a two-part series. Why is mortgage pitfalls such a big topic? Typically, homes are our most significa...
May 06, 2019•25 min•Season 1Ep. 67
We discuss the basics of how to build and fund a banking policy from the start. Plus, we'll share real-world examples of how other people have funded their policies to help you understand what it could look like for you. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e66 How to Fund a Banking Policy Topics Covered: Starting with the simple questions to ask your...
Apr 15, 2019•24 min•Season 1Ep. 66
Special guest Ray Poteet joins us to discuss how you can use infinite banking to take the stress away from paying your income taxes each year. Plus, he'll share how you can actually make a profit doing so. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e65 ~ Recieve your free copy of The Tree of Wealth here: https://livingwealth.com/freedom Taxes are such a significant and stressful burden for most people. The good news is there is a way to not only reduc...
Apr 01, 2019•31 min•Season 1Ep. 65
In this episode, we will discuss the importance of working with a mutual life insurance company, and how to start thinking like an owner instead of a depositor. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e64 A mutual life company is one of the fundamental pieces of private family financing. You see, whenever you buy a policy from a mutual life insurance com...
Mar 18, 2019•16 min•Season 1Ep. 64
We discuss the unrealistic retirement expectations people have, and how you can find fulfillment in your work instead of merely working for a paycheck. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e63 Today we're talking about a topic that either you like talking about or you avoid talking about, depending on your personality. That topic is retirement. It can...
Mar 11, 2019•21 min•Season 1Ep. 63
We discuss the value of making loans funded through an infinite banking policy. We also share how policy loans affect your policy and the real way you should think about that internally in the policy. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e62 We're often asked by our clients and podcast listeners how loans affect infinite banking policies. People frequ...
Feb 18, 2019•18 min•Season 1Ep. 62
We discuss stagnant money versus money in motion, and how infinite banking can help you make money in a whole new way. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e61 Keeping money moving is a fundamental strategy banks employ to accomplish their goals. In other words, banking is about making money move constancy. Our personal goal is to not just let money s...
Feb 04, 2019•25 min
We discuss how infinite banking is more like starting a business than just saving money and how you can operate your finances like a business. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e60 People new to the concept often begin with a savings mindset. Sometimes even long-time practitioners have not made the connections yet. However, the real magic is making...
Jan 21, 2019•27 min•Season 1Ep. 60
Ray Poteet joins us to share the money mistakes that he's made over the past almost 50 years to help you avoid the same pitfalls. These are lessons from both in the investment world, as well as the errors he made while initially practicing Infinite Banking. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e59 A lot of people like to talk about the success that th...
Jan 07, 2019•33 min•Season 1Ep. 59
Ray Poteet joins us to share strategies and tactics for building and leaving a legacy of wealth. A must listen for any parents, grandparents, and expecting grandparents. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e58 If you're a new listener, Ray Poteet is the founder of Living Wealth and author of The Tree of Wealth . Join us as he draws on and shares his ...
Dec 24, 2018•26 min•Season 1Ep. 58
We share how to best position yourself to make it through the unexpected catastrophes of life, both big and small. Plus, we'll share how infinite banking can be a great foundation to have in place when the unexpected hits. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e57 No one likes to think about all the things which can go wrong. With all the turmoil in th...
Dec 10, 2018•27 min•Season 1Ep. 57
We discuss two end of year tax strategy misconceptions that you should avoid. We'll also deep dive on how to think big picture when you're making your tax plan. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e56 Sometimes, our well-meaning accountants make strategy suggestions. However, these suggestions may not feel quite right. This unease is especially true ...
Nov 26, 2018•20 min
e discuss the danger of letting your emotions dominate your decisions. We also share how you can learn to start with your head, not with your heart. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e55 Today we're talking about a matter that has serious consequences for your financial health. It also ties into anything decisions in life. As a society, we tend to ...
Nov 12, 2018•23 min•Season 1Ep. 55
We discuss the impact opportunity cost has on your money. Plus, we'll share how you can avoid missing out on the wealth caused by idle or misused dollars. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e54 There's an underpinning principle of the Infinite Banking we teach. It underscores a lot of the financial decisions that you're going to make. The principle ...
Oct 29, 2018•21 min•Season 1Ep. 54
We discuss the best investment you can make and how infinite banking can help you become a better investor. Tune in to this episode of the podcast and find out now. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e53 People often ask where we invest money. Or we're asked, "Where can I get a high rate of return? What is the best investment someone could typically...
Oct 15, 2018•17 min•Season 1Ep. 53
We discuss the dangerous pitfalls of trying to use Universal Life Insurance to act as a bank. Plus, we explain why Participating Whole Life Insurance as your IBC banking tool is far superior. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e52 Topics Discussed: The brief history of ULI as it related to Infinite Banking. How and why ULI backfired What ULI really ...
Oct 01, 2018•21 min•Season 1Ep. 52
In this episode, find out about the three most common bank myths costing you money. Changing the way you think about banking can put thousands of dollars in your pocket. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e51 Today, we share how to build your own bank and some of the issues with traditional banking. You see, the way that most of us treat our money a...
Sep 17, 2018•24 min•Season 1Ep. 51
Get the three biggest rules you should follow to be successful financially. Learn the most significant principles and structure to follow for building real wealth. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e50 Having structure is very important in most areas of life. If you want to be successful with your family, your work, getting in shape, your best results will come from picking a sound system and sticking with it. Structure and following principl...
Sep 03, 2018•20 min•Season 1Ep. 50
In this episode, we discuss what Ron Paul calls, "The biggest financial bubble in the history of mankind," and how you can survive the next financial disaster. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e49 This bubble is built on the fact that the U.S. debt to spending ration is completely out of balance. Basically, we're not doing anything to reduce our debt, but we also just keep spending, and spending, and spending. The U.S. debt to spending ratio...
Aug 20, 2018•19 min•Season 1Ep. 49
We discuss when it makes sense to stop paying premiums towards your whole life policy when you're using it as a banking tool. We'll also share why you'll probably have to change your perspective on the word "premium" if you want to be successful at IBC. The trouble comes in when people viewer their whole life insurance policy as just another insurance. If I make a $500 payment towards car insurance, home insurance, and different things, we all know I have less money the next day. I'm poorer now....
Aug 06, 2018•23 min
We discuss the mental barriers that prevent your financial success. And we'll share the things that you need to do to create a proper financial strategic vision instead of just counting on hope and fantasy to take you where you want to go. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e47 Mental barriers are insidious and elusive. Often, it takes someone else ...
Jul 23, 2018•21 min•Season 1Ep. 47
The 401(k) match is probably the most common tool used by Americans today as they try to save for the future. But is it right for you? In this episode, we will discuss the many questions to ask yourself to decide if it is a good fit for you. Your home may need a new home. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/beatinflation ~ Get resources and transcripts here: https://livingwealth.com/e46/ People ask us almost every day what they should I do with their...
Jul 09, 2018•26 min•Season 1Ep. 46
