On a recent Dave Ramsey show there was a caller who is a trim carpenter making decent money, but wanting to save more. He was divorced 8 years ago, and now has 23k in savings. He owes about 25k left on his mortgage, and has a 20k dollar loan on his motor bike. Dave gave some shocking advice to this guy! We have a much different approach to how we help our clients than what Dave said to his caller, so we decided to add our commentary on this episode. What are your thoughts on how Dave advised his...
Jul 01, 2025•19 min
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: https://mcfieinsurance.com/ Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_butto...
Jun 24, 2025•23 min
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 exampl...
Jun 17, 2025•27 min
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 “help people save more” 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...
Jun 10, 2025•25 min
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....
Jun 03, 2025•24 min
📄 INFINITE BANKING MADE SIMPLE | Get the free binder here: https://mcfieinsurance.com/infinite-banking-made-simple-binder/ Gaining a new perspective is essential for growth and transformation. It’s 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. ...
May 27, 2025•24 min•Ep. 523
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 don’t 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 ...
May 20, 2025•25 min•Ep. 522
📄 INFINITE BANKING MADE SIMPLE | Get the free binder here: https://mcfieinsurance.com/ 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: https://mcfieinsurance.com/ Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalks...
May 13, 2025•26 min•Ep. 521
📄 INFINITE BANKING MADE SIMPLE | Get the free binder here: https://mcfieinsurance.com/ 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: https://www.youtube.com/@wealth-talks-podcast Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https...
May 06, 2025•29 min•Ep. 520
📄 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 “Never have to work again.” Is it not having any debt and no debt payments? Money isn’t everything, but it rates reasonably close to oxygen on the “gotta have it scale” Everybody knows what money is, but what is financial freedom? Do people have financial freedom on...
Apr 29, 2025•27 min
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: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 Spotify: https://open.spotify.com/show/7MOugefeGkT...
Apr 22, 2025•27 min
There are two ways to gain experience in life. You can get experience personally or you can get it secondhand by watching and learning from other people’s experiences. If you can successfully learn from other people’s experiences you can get ahead much faster in life. It has been said that a joint venture is where one party brings experience, one party brings money and at the end of the venture the parties have switched...the party who brought experience ends up with the money and the party who ...
Apr 21, 2025•25 min•Ep. 517
First off, is an overview of how banking works. The way a bank manages their deposits, loans, assets and liabilities is the key to how they make money. By understanding and following some of the same principles a bank uses, you can self finance items in your life and earn the interest you would have otherwise paid to someone else. This is often referred to as Becoming Your Own Banker, or The Infinite Banking Concept. Listen to the Wealth Talks Podcast on: Apple Podcasts: https://podcasts.apple.c...
Apr 08, 2025•26 min
People are in a big middle-class squeeze right now. Paychecks seem stuck while expenses go up and up. Housing, healthcare, debt—the middle class is juggling it all - with no safety net, in many cases. Sometimes affordability feels like a myth but we’re helping people fight back to attain financial stability and success. Today we’re talking about very real financial struggles which most people in middle-class America are facing along with solutions to help you make progress regardless of where yo...
Apr 01, 2025•26 min
Did you know that no insurance company truly 'does' Infinite Banking—but many offer the keys to unlock its potential? We'll break down how top life insurance companies offer policies that can unlock the power of infinite banking, even when they're not promoted that way. Learn about: What characteristics separate a good infinite banking policy from a standard life insurance policy. How dividend performance (PWLI) impacts a policy's long-term value and the mechanics of policy loans. Why some compa...
Mar 25, 2025•30 min
Much has been written, published and said about Infinite Banking. Sometimes it feels confusing to decipher what’s really accurate. If you ever feel confused, you'll enjoy this podcast. We're going to shed some light on popular misunderstandings surrounding Becoming Your Own Banker and The Infinite Banking Concept. Points of common confusion: Treating Infinite Banking as an Investment - Just looking at the ROR versus the Return of Money Viewing Infinite Banking as a product rather than a process ...
Mar 18, 2025•31 min
Did you know you can earn a positive average rate of return and still loose money? ...You can! Can IBC be used well in this economic climate? It can, and we are... Ben shares an investment he is doing with The Infinite Banking Concept right now. We read through more reddit questions this week, and you'll get to hear about: The Nelson Nash Golden Rule 4 major reasons to own Whole Life Insurance A question about a Penn Mutual Policy plus more This is an episode you don't want to miss....
Mar 11, 2025•47 min
Today were going to go to Reddit and read what people are saying about Infinite Banking. Then we'll respond to them right here on the Wealth Talks Podcast. You don't want to miss this! Watch this episode on video here: https://www.youtube.com/@wealth-talks-podcast 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.youtub...
Mar 04, 2025•28 min
***Watch to the End! Some people have a bad experience with the Infinite Banking Concept. We'll share what happened.*** People ask how much money do you need for Infinite Banking or they assume they need to have more than they do, in order to benefit from Infinite Banking. On the flip side, people who have more money sometimes think Infinite Banking is only for people who have less money. What is the truth? Do you have to have lots of money to use infinite banking or do you only need to have a l...
Feb 25, 2025•26 min
In this episode of the Wealth Talks Podcast we get to talk about one of the foremost reasons we use the Infinite Banking Concept and that has to do with our family. We explain how we've structured our finances even beyond using the Infinite Banking Concept and how that works for us. The Infinite Banking concept is a wonderful thing for families because it can help families build wealth faster and establish a family economy. If you have a family you will love this. Watch this episode on video her...
Feb 18, 2025•30 min•Ep. 509
Business owners have the opportunity to use the Infinite Banking concept and Whole Life Insurance in some very creative ways to benefit their business. We're going to talk about how one company is using whole life insurance to create a very nice financial arrangement for the owners. Listen and Enjoy! Dry Cleaning equipment: https://www.sankosha-inc.com/dry-cleaning-equipment.php
Feb 11, 2025•30 min
In this episode we are going to talk about how to buy things with the Infinite Banking Concept. We talk about how to use Infinite Banking with a credit card to maximize your returns and create cash flow. We'll share details on things we've financed using IBC, and you'll get ideas on things you can self finance in your life. If you own your own business or want to own your own business you will want to hear what we talk about in this episode. Business owners love Infinite Banking. We'll share som...
Feb 04, 2025•30 min
In this episode we are talking about Infinite Banking policies.What kind of life insurance policy you want for the Infinite Banking Concept and how to tell the difference between good and bad Policies. We get quite a few policies that come in to our office for review. Sadly a lot of these policies are pretty bad, but that’s also kind of good news in a strange way because the sooner you know you have a bad policy the sooner you can handle that problem, and get the policy you wanted to begin with....
Jan 28, 2025•46 min
Some people love the infinite banking concept and use it a lot, some people look at it for years without trying it at all, some people never try it and some people start and then stop. There has got to be more than one opinion on whether the Infinite Banking Concept works or not, but today you are going to get our opinions. Please review us on Apple Podcasts: Go to the podcast app and write a review or go to this link, click listen on Apple Podcasts then scroll down and click "write a review" ht...
Jan 21, 2025•36 min
In this episode we are talking about what people need to know to get the MOST benefit from the Infinite Banking Concept. The most important thing people need to know, to benefit from the Infinite Banking Concept, is how to get started. There are a lot of benefits to be had from the Infinite Banking Concept but you won’t get ANY of them, unless you get started. What people need to know to get the MOST benefit from the Infinite Banking Concept is how to expand their system of Infinite Banking poli...
Jan 14, 2025•26 min
We NEVER hear people say “I wish I would have waited a little bit longer before I got started with the Infinite Banking concept”. We DO here people say, “I wish I would have known about this sooner.” This begs the question, “How do you “get started” with the infinite banking concept?” We are going to answer that question today and we are going to answer it in detail because getting started with the Infinite Banking Concept will look a little bit different for everyone. If getting started with th...
Jan 07, 2025•29 min
We have been using the Infinite Banking Concept personally for 19 years at this point. Although the way we have used it changes over the years as the economic environment changes, The Infinite Banking concept still works just as good as ever. The Infinite Banking Concept is an idea, It’s how you think about money. New Years are incredibly popular times people resolve to improve their lives and their futures, but tragically they tend to be the beginning of yet another failure to people who don’t ...
Dec 31, 2024•26 min•Ep. 502
Recently Tucker Carlson interviewed Dave Ramsey. Dave Ramsey is a well known name in personal finance. I listened to the interview, I was impressed. Dave has a large personality and although we disagree with him strongly on certain points especially, life insurance and money management, he can be a good wake up call for people who are living in the bondage of debt, spending more money than they make and not getting ahead financially in life. We have helped many people who first started with Dave...
Dec 24, 2024•27 min
There is a report showing that over 5800 IRS and contractor employees owe nearly 50 million dollars of overdue taxes. It also appears by the looks of things that many of the employees are wilfully evading taxes… It seems like they know the system well enough to know how much they can get away with and they’re doing it. The IRS acknowledges this is happening, they seem to have metrics on it because out of the 70 employees who they claim are “willfully evading” taxes, they have fired 20. What do y...
Dec 17, 2024•26 min
It has been said that the next generation will be able to rise as high as they can rise by standing on the shoulders of the generation before them. My Dad gave my siblings and me the opportunity to rise higher with the foundation he gave us, and in turn, we hope to do the same for our children. It is a beautiful thing to see how the actions of a person can aid their posterity. It is a tragic thing to see how the actions of a person can setback their legacy and stunt their posterity. If you haven...
Dec 10, 2024•24 min
