Have you ever asked yourself what could be more important than life insurance? If not, then it’s time to have your mindset shifted! Your need for financing is more important than life insurance. Without leverage, you won’t be able to take advantage and skyrocket your wealth creation journey. But without life insurance, your family won’t […] Read more
Everyone’s feeling the insidious effects of both inflation and stock market loss. But most financial advisors tell you to stay in the market and promise it will bounce back. Is that the truth? Well, it’s more complicated than that because we’re set up for failure in the stock market. That’s why so many of us […] Read more
What are the most profitable businesses? Many companies may come to mind when you think of the “most profitable businesses” because many businesses make tons of profits. From big tech corporations to the good giants and big pharma—many companies pocket billions of dollars every year. But no industry tops big banks. Banks make many people […] Read more
in
Accumulation,
Business,
Cash Flow,
Debt,
Empowerment,
Financing,
FIRE,
Income,
Legacy,
Lies,
Podcast,
Profit First,
Reflection,
Sales,
Taxes,
Tools,
Trust,
Values,
Why
Pivotal lessons are far from easy. You can find tons of short-term financial advice online. These “experts” know exactly which stocks will go up and which cryptocurrency is about to skyrocket. It’s exciting to think about multiplying your money in the next two weeks. Nonetheless, it’s also dangerous. The best lessons in finance, business and […] Read more
in
Accumulation,
Cash Flow,
Debt,
Empowerment,
Financing,
FIRE,
Income,
Legacy,
Podcast,
Reflection,
Tools,
Values
How do you know you’re making financial progress? Most people think they can measure it by understanding the stock market, having enough to donate to charity, paying off debt or buying a sports car. But none of them say much about your financial life. In fact, they can be signs of a declining financial life. […] Read more
Conventional finance doesn’t work for everyone. Savings accounts pay almost no interest. The stock market can be a roller coaster. Then, of course, your bank might not have your best interest at heart. That’s why people discovered alternatives like Velocity Banking and Infinite Banking. But do they work? Would they work for you? And, if […] Read more
Most people take decades to pay off their mortgage. The monthly payments are a constant expense. And if you can’t pay them? The bank takes your house and puts you on the street. Velocity Banking promises an escape: Use a line of credit as your primary bank account and pay off your mortgage as quickly […] Read more
Many people are taught that they should never take on debt. You get money in the short term, but you have to pay back more than you borrowed because you’re paying interest. It might sound like interest is just another unnecessary expense. And you shouldn’t pay interest for years just to watch football on a […] Read more
2020 was a crazy year. We saw a lot of uncertainty, a stock market roller coaster, and many financial disasters. We all hope 2021 will be better – both for our social lives and our finances. Many people have set lofty goals like paying off their mortgage early, finally investing to grow their wealth, or […] Read more
in
Accumulation,
Business,
Cash Flow,
Debt,
Empowerment,
Financing,
Legacy,
Podcast,
Reflection,
Trust,
Values,
Why
Like any personal finance vehicle, whole life insurance is hotly debated: Some people love it, others can’t stand it. Comment on YouTube But neither die-hard fans nor red-faced haters will help you make a sensible decision. And when you don’t make decisions, the paycheck-to-paycheck cycle continues. In this episode, you’ll find out when whole life […] Read more
