Wade Borth - Sage Wealth Strategy Wade Borth

In today's episode, Wade continues his discussion on key takeaways from the Nelson Nash Institute's annual Think Tank. He shares a compelling client story about understanding the importance of choosing the right product for Infinite Banking, the differences between Whole Life and Universal Life policies, and why Whole Life is the cornerstone for those practicing Infinite Banking. Join Wade as he dives into these crucial insights to help you take control of your financial future.
Episode Highlights
01:02 - Story of client inquiry into IBC.
01:43 - Product vs. human problem in financial decisions.
02:11 - Whole life vs. universal life insurance explained.
05:15 - Risks of universal life insurance.
08:40 - Personal experience with insurance mismanagement.
10:30 - Consequences of interest rate assumptions failing.
12:11 - The importance of long-term financial strategies.
15:38 - Potential risks in policy lapses.
17:04 - Need for practical guarantees in financial products.
 
Episode Resources
Connect with Wade Borth https://www.sagewealthstrategy.com/ wade@sagewealthstrategy.com 

Fresh off of the return from IBC Think Tank, Wade shares his thoughts and takeaways of the event. This unique gathering is a must-attend for IBC practitioners and anyone interested in exploring the concept of Infinite Banking. He shares key takeaways and insights from the event, starting with a profound realization: "Premium is a contribution to capital." Join Wade as he unpacks this and more, aiming to provide valuable content for those who want to understand becoming their own banker.
Episode Highlights
01:57- Rethinking your thinking.
04:11 - Two businesses: a back-and-forth exchange of time and money.
04:36 - Importance of recognizing you're in the banking business.
05:55 - Contribution to capital explained.
07:00 - Understanding the problem and seeing premium as the solution.
08:11 - Capital: necessary for both business and personal life.
09:39 - Premium as a contribution to capital.
11:13 - Saving and reliance on banks.
12:57 - Control through capital contribution.
14:06 - Avoiding frustration and potholes.
16:59 - Long-term commitment and building a personal financing system.
 
Episode Resources
Connect with Wade Borth https://www.sagewealthstrategy.com/ wade@sagewealthstrategy.com 

Joining Wade today is friend Curtis May where they discuss the power of whole life insurance and infinite banking strategies. Discover how whole life policies offer guaranteed benefits and find out how to leverage these strategies for personal and business success. Tune in for valuable insights on building wealth, managing risk, and maximizing financial potential!
Episode Highlights
03:36 - Their shared passion for infinite banking and the insights they gain from attending the industry symposium Circular Wealth.
23:38 - Curtis talks about two schools of financial thought: the accumulation theory and the velocity method, advocating for the latter as it emphasizes the velocity of money and the economic value of certainty.
29:12 - Curtis outlines his investment philosophy and his preference for investing in what is known and can be controlled, with a focus on cash flow rather than chasing returns.
33:15 - Wade and Curtis discuss leveraging whole life insurance policies for business purposes, highlighting how it can serve as a volatility buffer and offer advantages like collateral opportunities and uninterrupted compound interest.
45:46 - The conversation turns to business owners and the financial advice that should be tailored to their unique position, separate from advice given to W-2 employees.
52:13 - Wade and Curtis highlight the necessity of discipline, time, and money to achieve financial success with the infinite banking concept, and discuss the importance of becoming the person who can utilize these tools effectively.
 
Episode Resources
Connect with Wade Borth https://www.sagewealthstrategy.com/ wade@sagewealthstrategy.com Connect with Curtis May https://www.linkedin.com/in/curtismay/  

Today, Jubril Wilson, realtor and investor, joins Wade to explore the Infinite Banking Concept (IBC) for financial freedom. Discover practical tips on real estate, leveraging whole life insurance, and embracing abundance mindset. Learn the importance of networking and taking control of your financial destiny. Tune in and start your journey to financial empowerment now!
Episode Highlights
01:30 How Jubril helps Realtors in the current market situations
03:23 How his mindset changed from frivolous spending to investing in infinite banking
05:02 The concept of "Pathing" (or sequencing) and how it has led Jubril to learn new financial strategies
06:45 The importance of financial efficiency and mention of their podcast series that breaks down each chapter of Nelson’s book on the Infinite Banking Concept
09:51 How Jubril’s thought process has changed since implementing the infinite banking concept in his life
13:51 Real-life examples of how Jubril has leveraged the infinite banking concept to manage finances more efficiently
19:22 The concept of a 'think tank' with practitioners from various fields coming together to discuss worldwide happenings and industry changes
21:21 The debate on life being a "participation sport" not a "spectator sport" and that it is essential to get involved and start participating proactively
22:36 The comment from a Citibank's head on who controls the dollars and the advice on how the difference between chaos and opportunity is who has access to money
23:03 How a consumer can avoid being reactive and take advantage of chaos if they saved enough money and had better control over their finances
 
Episode Resources
Connect with Wade Borth https://www.sagewealthstrategy.com/ wade@sagewealthstrategy.com Connect with Jubril Wilson jubril10xhomes@gmail.com 

Join Wade and returning guest Nicole Tate as they delve into the empowering world of family banking and legacy building. Through their insightful discussion, they uncover the transformative potential of creating a closed financial system that puts you in control. Discover how to leverage policies, generate wealth, and secure a legacy that transcends generations. Don't miss out on this enlightening conversation that could reshape your financial future.
Episode Highlights
03:56 The process of using insurance policies for family banking
10:19 Separating uncertainty on the investment side from certainty on the capitalization side
16:14 The two choices people have: Creating their own financial system versus depending on others
18:26 The importance of instilling saving habits in the next generation as part of wealth and legacy building
19:41 Building a non-traditional home as an example of gradual progress toward a vision
20:11 Seeing your money grow and putting it to work in the system
 
Episode Resources
Connect with Wade Borth https://www.sagewealthstrategy.com/ wade@sagewealthstrategy.com Connect with Nicole Tate ntate@oneindianafinancial.com  

Join Wade as he dives into the journey of understanding the Infinite Banking Concept (IBC) through vivid reflections on sunrises, sunsets, and moonlit lakes. Discover how moving from passive understanding to active engagement unlocks a newfound sense of freedom and control over finances. Explore firsthand accounts and insightful anecdotes that illuminate the emotional depth behind financial literacy and personal growth.
Episode Highlights
01:40 How experiencing something, rather than just seeing it, connects you with your inner emotions and soul, which cannot be achieved via merely seeing something
02:13 The irreplaceable nature of personal experiences
02:38 The concept of Infinitive Banking Concept (IBC) and the importance of experiencing it before understanding its real impact
04:02 How to engage with IBC and experience the unique aspect of freedom it provides
05:29 The importance of family banking
 
Episode Resources
Connect with Wade Borth https://www.sagewealthstrategy.com/ wade@sagewealthstrategy.com