How to Bank on Yourself with Mark Willis
Episode description
Today on the show we have Mark Willis, Certified Financial Planner, a two-time #1 bestselling author, and owner of Lake Growth Financial Services. Mark will teach us the strategy you can use to pay off your debts and become your own source of financing.
We discuss the concept called Bank on Yourself, which allows you to break free from Wall Street, avoid banks and their interest rates, and amass generational wealth. Mark used this strategy to attain financial freedom and today he will share how he does it for his clients.
The Bank on Yourself life insurance policy can also be used to invest in real estate, so make sure to tune in today and find out more about it!
Key takeaways
- Mark’s background and the main driver behind his work (00:00)
- How to get rid of debt in a sustainable and successful way (05:19)
- A smarter way to become debt-free and jumpstart your future (08:09)
- What happens if you take out a loan and have to stop repayments (14:16)
- The earlier you start being smart about money, the better (17:44)
- Using this strategy to invest in real estate and amass generational wealth (19:51)
- You need to be in control of your finances if you want financial freedom (25:57)
Additional resources
Visit Grow More Wealth to get in touch with Mark and learn more about this strategy. Subscribe to their podcast Not Your Average Financial Podcast!
Take charge of your financial future and visit Free From Wall Street to learn about five things that your financial advisor didn’t tell you!
Visit Integrity Holdings Group to schedule a call with me and learn more about our real estate investments and the non-profits we help!
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