This is a story that my Dad told to me when I was younger, about his Mom (my Grandma) and her next door neighbor who was a thief. My Grandma caught and confronted her neighbor stealing from her, right in front of her nose. The way she put an end to the robbery, was genius. It will bring you a chuckle... and also some wisdom. Here is the story in detail. Enjoy! P.S. My daughters Anna and Gracine took this story and wrote and illustrated an entertaining children's book based on this story.... as y...
Dec 03, 2024•27 min
It has been said that the healthiest of all human emotions is Gratitude. This is Thanksgiving week, on Thursday we take the whole day off to give thanks for wonderful things in our lives. The more you express your gratitude, the more you have to be grateful for. Kind of like work. The more work you do, the more work you will have to do. What you focus on expands There is so much to be thankful for and we probably don’t spend as much time as we should feeling it. Here are some things we're thankf...
Nov 26, 2024•22 min
In sports, when the whistle blows the play stops. It’s what happens after the whistle blows that determines the course of the game. Blowing the whistle is the first and most monumental step in getting different results in life. What you do, after the sound of the whistle has faded, is the biggest contributing factor to the results you will eventually get. We hope you can see why we think you should have a whistle protocol in your life. We want you to succeed in the greatest way possible. If you ...
Nov 19, 2024•19 min
Today We take a look at the election results, and what we can expect and prepare for financially with a second Donald Trump administration. 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" https://podcasts.apple.com/gb/podcast... Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalks... Facebook: https://www.facebook.com/profile.php?.. . Watch o...
Nov 12, 2024•21 min
Voting is a Duty. To use the words of early president John Quincy Adams, "duty is ours, results are God's". Not voting in a U.S. election would be to shirk our duty and let our fellow Americans down. There is no patriotic way to sit on the sidelines and not vote in an election. If you are a citizen of the united states, you have a duty to discharge. Listen to this before the polls close. Voting is a duty. Please review us on Apple Podcasts: Go to the podcast app and write a review or go to this ...
Nov 04, 2024•25 min•Ep. 495
The topic for today’s podcast is investment banking. We think that if you act like an investment banker in your own life you will be more profitable and get ahead faster financially. The way you think and what you think about is the foundation for what you do. If you can think like an investment banker, and act in accordance, you can have opportunities to grow your wealth like banks and businesses. In specific situations it is beneficial to think like a banker. I tell people “You need to put on ...
Oct 29, 2024•24 min
Some people are pretty well stressed out. Of all the things people stress about, of which there are many, somewhere near the top of the list is money! Financial stress is a big deal and that’s what we are talking about today! Financial stress can be horrible or beneficial, and the effects can reach into all the areas of your life. It's all in how you respond to it. This is what we are here to talk about today. Hopefully This episode is helpful for you as you deal with whatever stress you have in...
Oct 22, 2024•18 min•Ep. 492
If you have a small business or entity that requires filing with your state, there’s a new rule you need to comply with by registering with FinCen. The filing is mandatory and the consequences are massive for not complying. It is estimated that 50% or more of small business owners do not know about this rule. Make sure you listen to this episode so you know what to do. Expert Attorney Lee Phillips will explain who, and when you need to register, and also how. We’ve worked with Attorney Lee Phill...
Oct 15, 2024•26 min
Some people have owned whole life insurance for several years and they want to get more involved with infinite banking. They want to make sure that they are using the infinite banking concept and their policy to their best advantage. That’s good. Today we are going to talk about how to do that. Some things we will talk about in this episode will be: Should you borrow from your cash value for everything? When should you take a policy loan? Do you have to pay back a policy loan? Should you pay bac...
Oct 08, 2024•26 min•Ep. 490
Investment Grade Life insurance is not an actual product. It is rather, terminology that was created to sell more life insurance. Listening to this episode will help you to better understand what people mean when they use the phrase "Investment Grade Life Insurance". There are lots of different types of life insurance policies out there. Some are good, some are bad. Life insurance is sold by honest and dishonest people. If you want a policy that helps you keep more of the money you make, grow yo...
Oct 01, 2024•23 min•Ep. 489
Being in the financial space like we are, we get asked about what will happen if the dollar collapses, we get asked what we think about cryptocurrency. Do we think the dollar is doomed? Do we think Crypto is a good investment? Do we think Crypto will replace the dollar? We’re going to talk about all of this right here right now, buckle up. One of the most well known cryptocurrencies is Bitcoin. I don’t own Bitcoin, but we have clients who do, some of them did very well when bitcoin went up so si...
Sep 24, 2024•29 min
A lot of people have Trust issues... we're not talking about psychological trust issues, we're talking about issues they have with a legal Trust. One of the Trust issues people have is simply not having any Trust at all. That’s an issue because Trusts keep estates out of probate! There are many legal tools available that can provide specific benefits in specific situations. Many of the legal tools that are used by the wealthiest people have been established to grant the wealthiest people excepti...
Sep 17, 2024•19 min•Ep. 487
Are you bored with your budget? Are you tired of feeling frustrated and limited? Budgeting doesn’t have to be boring. If you structure your budget the right way, you can feel free and creative instead of trapped. To be effective, a budget has to be practical and also flexible. Listen to this episode and discover some new creative ways to work your budget. Budgeting can be fun and extremely rewarding, if you do it the right way. Listen to the Wealth Talks Podcast on: Apple Podcasts: https://podca...
Sep 10, 2024•21 min•Ep. 486
Many people think slavery in America was a thing of the past, we fought a civil war to end it and we’re glad it’s gone, but there are many people today who are enslaved. We are talking about financial slavery and how to escape the bonds of financial slavery today right now on Wealth Talks. 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 M...
Sep 03, 2024•21 min•Ep. 485
Someone asked us to respond to the opening and closing ceremony at the 2024 Olympics, Brett asked us to talk about what someone should do with the money if they win the lottery, and Carlo asks if we had the choice between taking retirement benefits at $7800/mo. with lifetime free medical vs a lump sum of $1.5million dollars which one we would choose. 3 completely different questions, but all interesting in their own way. We are going to talk about all three of these things today right here on We...
Aug 27, 2024•25 min
Not long ago in podcast 469 we Rebutted a Dave Ramsey video that a podcast listener sent us. That podcast episode has been watched by hundreds of people and the feedback has been really something. A lot of people loved it and some people didn’t, you can see their feedback in the comments on episode 469. But through it all, another listener sent us another Dave Ramsey video and we are going to respond to that video today. If you haven't seen this particular video you can watch it here: The Dave R...
Aug 20, 2024•24 min•Ep. 483
Credit unions will mail out life insurance offers sometimes. Are they a good deal? Should you buy life insurance through a credit union offer? That’s what we are talking about today. Credit union life insurance is better than nothing, but there are better deals. Listen and learn about the different types of life insurance available for you today. Follow the Wealth Talks Podcast On: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2OD...
Aug 13, 2024•27 min•Ep. 482
If you own a business you can absolutely use the infinite banking concept to fund business expenses and that’s what we are going to talk about right now in this episode of the Wealth Talks podcast. A lot of business owners want to use infinite banking to finance business expenses because of the intrinsic benefits. We’re going to talk about the benefits and also the process of using the infinite banking concept for business.There are a few things you want to get right to get all of the benefits a...
Aug 06, 2024•22 min•Ep. 481
In this podcast we are talking about the problems with the infinite banking concept. The infinite banking concept is an idea not a product. The infinite banking concept is a way of thinking about money and finance in a way that allows you to keep more of the money you make, grow your wealth and have financial peace of mind. Some people think the infinite banking concept is a life insurance policy. Or that a life insurance policy is an infinite bank. It is not. The only reason life insurance is a...
Jul 30, 2024•21 min•Ep. 480
If you wonder how much life insurance you need? Or how much life insurance you need for infinite banking? This is your podcast. The most honest answer to the question of, “How much life insurance do I need?” is, “Nobody knows”. And the shortest answer to the question of “how much life insurance should I have” is probably, "MORE!" ... let us explain A lot of people settle for the life insurance they’re offered through work or from a friend, some people don’t have any life insurance at all, but pe...
Jul 23, 2024•29 min•Ep. 479
This podcast will be helpful to those who want to keep more of the money they make, grow their wealth and have financial peace of mind. On a side note... We have Jasper here in the studio with us this morning. He’s 9 weeks old German Shepherd Puppy. Jasper is our up and coming guard dog. We have a guard dog up at our house already, her name is Lulu, she’s a german shepherd also and does a great job, She patrols around our house, but Jasper’s duties will be to guard the barn area. German Shepherd...
Jul 16, 2024•22 min•Ep. 478
As we teach people about whole life insurance, how to manage money and the infinite banking concept, time and time again people tell us “I wish I would have known about this sooner”, or, “they should teach this in high school”. When you find something that works so well, it’s hard not to look back and wish you had that knowledge or that product earlier in life. In this episode, Episode 477 of the Wealth Talks Podcast we are going to talk about the things we wish we knew about finances before age...
Jul 09, 2024•24 min•Ep. 477
Today we answer 9 questions we received about life insurance, cash value, money, interest rates, and dividends. These questions and their answers will be helpful to anyone who uses, or plans to use life insurance cash values and the Infinite Banking concept. The questions are: 1. Do I get to choose the interest rate I pay on a policy loan? 2. If the dividend rate is 5% and my policy loan interest rate is 4% am I making 1% on the difference? 3. When I pay back my policy loan with interest am I pa...
Jul 02, 2024•24 min•Ep. 476
In this podcast you will get specific numbers, and details from two different Whole Life Insurance policies, what the premiums are, how long they can be funded and how much money the owner can borrow. This is a glimpse into infinite banking policy design that many people will never get. Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=6155...
Jun 25, 2024•28 min•Ep. 475
The way you think is the lens through which you observe every situation in life. The way you observe influences how you respond and how you respond makes an enormous impact in your life for better or for worse. Respond… and that’s such an important word, because many people go through life reacting to what life presents to them and that’s not an ideal situation to be in. The difference between responding and reacting can be as significant as life and death, If you touch a hot stove, your reactio...
Jun 17, 2024•27 min•Ep. 474
Have you ever wondered what the world will look like when today’s young adults become the middle-aged people of the future? The future is full of possibilities for everyone. There will be people who seize the opportunity to make a possibility a reality and there will be people who let the possibilities remain possibilities because they don’t want to make a commitment or put in the work. If anyone, young or old, rich or poor, man or woman, chooses to do what it takes, success can still be theirs....
Jun 11, 2024•28 min•Ep. 473
If the money you save isn’t earning anything, it is losing value. That’s horrible news, but it’s the truth. We were on a business call with Alex just the other day and he asked, what is happening to the middle class? Middle class is defined largely by household income adjusted for household members. Anything from about 50k/150k of income per person is considered middle class right now. The most obvious thing that hurts the middle class is Inflation. Inflation is stealing the value from your mone...
Jun 04, 2024•23 min•Ep. 472
Today we have Anna, in the studio with us, to discuss how she has built her baking business from scratch, no pun intended, and to discuss some of the challenges and problems she has faced along the way. We also are of course going to sample one of her famous treats. Anna's business, Bread and Butter baking, makes sourdough bread, cookies, cakes, pies and cinnamon rolls. You can also watch the video of this episode on Youtube: https://youtu.be/Yx7DqS6WZHg
May 28, 2024•21 min•Ep. 471
Cash Value Life Insurance is one of the lesser understood financial assets that you can own, but it is also one of the most powerful. In today’s episode of The Wealth Talks Podcast we talk about the cash value of life insurance policies, what it is, where it comes from and how it can be used. This episode is all things cash value. After this episode you will understand life insurance cash value better than you ever have before. Paying Property Taxes using the infinite banking concept: https://ww...
May 21, 2024•25 min•Ep. 470
Josh listens to Wealth Talks on his way to work and he asked us to do a rebuttal to an episode of Dave Ramsey’s show where he is talking about the infinite banking concept. We happen to know a lot about the infinite banking concept, so if anyone can add perspective to Dave Ramsey’s video about the Infinite Banking Concept it would be us. The video Josh sent to us is called Heated Debate Between Infinite Banker and Dave Ramsey if you need more context to anything we talk about in this podcast the...
May 14, 2024•19 min•Ep. 469
