We aren’t against 401Ks or IRAs, we are against the idea that people need to trust an expert to manage their money. A lot of people go with a 401K or IRA because some expert told them to, or because everyone else is doing it. But it’s your money, you are the most qualified person to manage it, and ultimately you are responsible for any gains or losses. So don’t just trust an expert or go with the flow, think for yourself, find the truth and the truth will set you free....
Oct 18, 2023•25 min
Bad economies rear their ugly head fairly regularly, and while they cause damage to almost everyone, the hardest hit are those who haven’t prepared, or don’t know how to prepare for hard times. When the economy is booming, it’s easy to think you have everything figured out financially, but during a downturn you better have your ducks in a row, or it could take you under.
Oct 11, 2023•18 min
Listening to the wrong people can mess you up financially. You are in control of your own finances, and while people may offer advice on how to handle them, it’s up to you to determine whether their advice is good or bad. After all, you’re the one who must live with the results. Today on Wealth Talks, you’ll discover a way some people can save on taxes. Will this way work for you? Maybe, maybe not. Get the details and then you decide.
Oct 05, 2023•26 min
There are two emotions largely responsible for controlling human behavior. Fear and Greed. Whether it be the headlines of yester year predicting a coming ice age, the global warming crisis of today, or something else, fear mongers have shrewd ways of making people react. Greed is another detrimental emotion, and interestingly, with so many people putting themselves first, our society is less happy and more depressed than ever. On today’s episode, Tom, Michele, and John talk about these two power...
Sep 29, 2023•26 min
Life insurance equity is a great tool which can be used to finance expenses and investments throughout life. Some people try and rush the equity building process, but because they don’t understand how life insurance works, they may wind up buying an inferior policy or impatiently give up on the entire idea. But when you understand the process you’ll know it’s important to “crawl before you walk.” Understand why life insurance is a good financial tool so you know the process and can have confiden...
Sep 20, 2023•28 min
Left, right, fast, slow, yes, no. Uncertainty is uncomfortable, stressful and can even be paralyzing. Life is filled with uncertainty. It is critically important we understand how to recognize and deal with the stresses of uncertainty to prevent them from becoming paralyzing. Resources: Winning Your Financial Game
Sep 12, 2023•25 min
412(e)(3) plans are fully insured retirement plans. This type of plan is not dependent on market performance, it is based on the guarantees of whole life insurance and annuities. Not only does this take the guesswork and market dangers out of retirement planning, it can also save you a lot on taxes today. But 412(e)(3) plans will only work well in some situations. Do they make sense for you? Find out on Wealth Talks. Resources: A Biblical Guide to Personal Finance...
Sep 06, 2023•28 min
Stress can wear you out. Not only does stress damage your physical health, it affects your decision making ability leading to poor decisions and sometimes to an incapability to make any decision at all. We can’t avoid stressful situations. But with better planning, we can reduce them. Find out how on Wealth Talks. Resource: How Life Insurance Works - Video...
Aug 29, 2023•23 min
Are you looking to make a good investment? A great investment? What about the best investment ever? Financial speaking, whole life insurance is not an investment, it is an asset. But many of our clients say purchasing well designed whole life insurance is the best “investment” they’ve ever made. Resources: A Biblical Guide to Personal Finance...
Aug 23, 2023•18 min
Trusting the wrong people can really mess you up, but you do have to trust people. So, who are you going to trust and how far will you trust them? This is an area where you want to be careful to have confidence! Listen now to the latest episode of Wealth Talks. Resources: A Biblical Guide to Personal Finance
Aug 18, 2023•20 min
If you are playing the game of life, you better know the rules, because things can happen quickly! What might have been a logical move in the past may be a terrible move now. Life is constantly changing, but if we understand the basic rules, we can play the game and have fun! Resources: A Biblical Guide to Personal Finance
Aug 10, 2023•28 min
Have you ever bought something you thought was nice only to find out... it’s not the real deal? Almost every good item has knockoffs, and many people get suckered into buying them. It’s a terrible feeling, but it happens. Do you have the discernment necessary to keep from getting suckered financially? Listen now to Wealth Talks. Resources: A Biblical Guide to Personal Finance How Life Insurance Works - Video...
Aug 02, 2023•23 min
Buying a home is the biggest investment many Americans ever make, fortunately homebuying advice is as abundant as zucchini in July. Many advocate extra mortgage payments to pay everything off as quickly as possible. Others staunchly declare you should never make an extra mortgage payment. What should you do? Listen now on Wealth Talks Resources: A Biblical Guide to Personal Finance...
Jul 25, 2023•19 min
Becoming wealthy isn’t something which happens to anyone. It is the result of careful planning, wise choices, and definite actions. If you really want to become wealthy and are willing to put in the work, this podcast is for you. Listen here on Wealth Talks. Resources: A Biblical Guide to Personal Finance Winning Your Financial GAME...
Jul 18, 2023•35 min
Making large financial decisions can be difficult. It’s one thing to analyze the facts once you have them, but sorting through countless opinions looking for facts can be exhausting and overwhelming. Instead of researching every financial decision, some people like to find a person or expert they mostly agree with, or believe is knowledgeable, and follow their every advice. This may seem easier at first, but often it leads to major financial problems. Resource Links: A Biblical Guide to Personal...
Jul 11, 2023•31 min
Over the last few years things happened in our nation like we’d never seen before. Almost overnight industry stopped, businesses shuttered their doors, shopping centers were empty, and highways deserted. What started out as a temporary 2 week pause dragged on and on. And suddenly the possibility of losing one’s job became very real for many people. What would happen to you and your family if you lost your income? Are you prepared financially? Listen now to Wealth Talks. Resource Links: A Biblica...
Jul 03, 2023•28 min
What started out as a strange new game in the 1960s, the result of a lost shuttlecock on a family vacation, has suddenly caught on. Pickleball is rapidly growing across America as many people try the sport and then find they can’t stop playing. If you’ve never played, you might find this hard to believe, but pickleball principles can help you financially too! Listen now on Wealth Talks.
Jun 28, 2023•23 min
The robbers didn’t kick the door in, bust the safe or leave fingerprints on the entry way table, they didn’t break the windows, damage furniture or rip out the TVs. Inflation is such a clever thief, many people never realize they are systematically being stolen from. If you don’t know this about inflation, you owe it to yourself. Listen to this episode now. Resource Links: A Biblical Guide to Personal Finance...
Jun 21, 2023•30 min
Many people base their actions on an ever-changing perception of reality instead of time-tested truth. But the Bible tells us that “whatever a man sows, this he will also reap.” Only 43% of Americans today say they believe money is important. As Zig Ziglar pointed out, the other 57% “will probably lie about other things too.” Money is important, and the exchange of money is more important than the form/type of money because the exchange of money expresses and can even magnify your underlying val...
Jun 13, 2023•30 min
With all the investment, hedging and saving options we have in today’s world, is there any need for whole life insurance? Whole life insurance has been around for a long time and some may argue it is outdated. In today’s episode, find 10 things you could do with your money instead of buying whole life insurance. Resource Links: Winning Your Financial GAME A Biblical Guide to Personal Finance...
Jun 08, 2023•38 min
Bank failures often have a ripple effect, when one big bank goes, a bunch of smaller ones often walk off the cliff too. Are bank failures good for the economy? They may make for nice executive bonuses at JP Morgan, but what about the rest of Americans? Hear more about bank failures and what they mean for you on Wealth Talks. Listen Now. Resources The Perils of Banking and How to Avoid Them - Video A Biblical Guide to Personal Finance...
May 23, 2023•32 min
If you die in some unnatural, extreme way many people will hear about it. Falling over the Grand Canyon railing and slithering to your fate will probably get you an honorable mention in a news story. Getting killed in the crossfire of two rival gangs may earn you a national news spot for several days. But what about those who don’t die glamorous deaths? What will the people we love remember us for? Resource Links: Subscribe for Vlog updates on the McFie family visit to Wall Builders museum May 2...
May 19, 2023•29 min
Money issues are the most cited source for divorce. Yet, even with such dire consequences, 49% of Americans admit they have lied to their partner about money. Having the correct attitude towards money is critical when building a relationship. What role should money have in a relationship? Find out on Wealth Talks. Prescription for Wealth A Biblical Guide to Personal Finance...
May 09, 2023•25 min
In our rapidly changing era, saving and preparing for tomorrow has never been more important. But saving in today’s world can be difficult, especially where cost of living is high such as in New York or San Francisco, or when a market swing could wipe out a lot of your savings. Today on WealthTalks – hear the tips and principles you need to save in a way that can build sustainable wealth for your future. Resources 10-20-70 Worksheet , Life Benefits Store , WealthTalks.com...
May 03, 2023•33 min
When the Infinite Banking Concept (IBC) was first discovered, many insurance companies were fine with their agents selling policies designed for IBC. Some even went out of their way to recruit such agents. But this favor seems to be souring. Recently Mass Mutual, one of the largest insurance companies, stated they may terminate agents who practice IBC. What happened? New Book - Biblical Guide to Personal Finance...
Apr 27, 2023•27 min
“You can beat him, you can cheat him, you can treat him bad and leave him...” Queen explained in their hit song Another One Bites the Dust. A lot of dust gets thrown around in the insurance ring, sometimes by ignorant agents, but often by greedy agents looking only to earn a commission. While the dust makes things difficult, you don’t have to bite it. PLEASE! Don’t bite the dust! Listen now on Wealth Talks. New Book - Biblical Guide to Personal Finance...
Apr 21, 2023•32 min
Why do you go to work? Why do you help other people? Why do you save money for the future? Do you work only to finance a lifestyle, or establish a comfortable retirement? Do you help people only because you are “giving back”? What is the force which drives you? What is your why? New Book - Biblical Guide to Personal Finance
Apr 10, 2023•25 min
What is fungibility? Is it mildew? Is it mushrooms? Is it the blue green spores growing on the 3-week-old half sandwich at the back of the fridge? Or perhaps the whiteish green carpet spreading over the curiously deformed orange at the supermarket? Actually, fungibility has a lot to do with money and finance. Find out all about fungibility on Wealth Talks. Video: Velocity of Money example New Book - Biblical Guide to Personal Finance...
Apr 03, 2023•30 min
We just watched two big banks fail - Silicon Valley Bank (SVB) and Signature. Bank failures happen quite frequently, but the failure of SVB and Signature heralded the largest bank failures since 2007-08. With the failure of these banks, one may wonder how safe life insurance companies are. What happens when an insurance company goes broke like AIG did in 2008? Find out on Wealth Talks.
Mar 29, 2023•26 min
We’ve been gaslighted a lot by our government over the last few years. Remember how often we were told “Follow the Science” or “Don’t question the Science”? Of course, questioning the science should only improve the science, but this can also be dangerous as Galileo discovered with his famous experiment, for which he was persecuted. This can happen in other areas of life too, even when it comes to financial promotions. Getting gaslighted or even ghosted are part of life and this won’t be changin...
Mar 21, 2023•33 min
