Wealth Talks podcast is an educational podcast that helps you build Wealth in all areas of your life. Increase your Financial IQ, develop personal growth, and create a lasting legacy all while getting exposed to the strategies that successful people are using. You’ll get actionable strategies and intelligence that you can immediately put to use to start creating real and lasting generational wealth. See more on our website: https://www.life-benefits.com/podcasts
Blowing The Wealth You Have Accumulated
Many Americans have worked hard to further their children’s education. Sadly, many realize too late, that much of the so-called “education” was really indoctrination which may have ruined their children’s values. Many children graduate from College and University with far different values, morals, and viewpoints than those held by their parents.
Parents who are building a legacy may well think twice about allowing it to fall into the hands of their altered children because more money could amplify their destruction. Fortunately, there are ways to control how your children receive your legacy after you pass on.
During this show, Tom and John will talk about some ways to protect your legacy… and your children!
529 Plans and the New Year
529 plans are touted as a way to save for your children’s education. But saving money in a 529 plan is a lot like sending your money to jail. Once your money is in a 529 plan you can’t use it for anything other than education. If you need to use that money for other purposes, you’ll pay a hefty penalty!
But there is a way to get money out of a 529 plan without paying a penalty. On this episode of Wealth Talks, Tom and John will explain how to do this.
Also on this episode: How to set your Financial New Year Resolutions in 2021
How to Build Sustainable Wealth
Richest Man in Babylon
Don't Payoff Your Mortgage Early
…until you hear this.
There is no question - paying off a mortgage early saves interest. But what will you be losing by paying off your mortgage early? It’s called Lost Opportunity. If you can simply earn 1.4% on the extra mortgage payments required to payoff a mortgage at 3.75% APR over 15 years rather than 30 years, then you can come out ahead of the interest you would save by making those extra payments. Just 1.4%. This return is completely possible with a basic guaranteed financial tool.
Considering all the facts in your situation, it might make sense to payoff a mortgage early, but please don’t make this decision before your hear the reasoning behind managing your money more effectively by NOT making extra payments. This could change the way you think about extra mortgage payments for the rest of your life.
What You Need to Know About Velocity Banking
How to Build Sustainable Wealth - Get the Book
Another One Bites the Dust
Queen was almost prophetic with their song… many Americans are biting the dust financially because they depended on financial planners who didn’t know the future. Of course the responsibility to take care of these people doesn’t fall on the financial planner, but rather on the client’s own children.
This leads to the sandwich generation, people who are taking care of both their parents and their children. This should not be happening in America… but it is. What can we do to keep our children from having to take care of us?
Today on WealthTalks, Tom and John talk about what we need to do to take care of our future. Listen Now
Resources: Order Tom's book - How to Build Sustainable Wealth
Velocity Banking is known by many different names among which are, the HELOC Strategy, the Australian Mortgage and the Mortgage Accelerator System. Basically it’s a system which claims to help you pay off your mortgage faster.
Names aside, what are the fundamentals of Velocity Banking? Does it work? Is it safe? Should you try it?… good questions.
On this episode of WealthTalks, Tom and John delve deep into the core philosophy of Velocity Banking to bring you the inside scoop.
Read more about Velocity Banking
Is a Picture Worth a Thousand Words?
Many people will say a picture is worth a thousand words… but that’s likely because they have never read a well written book, or listened to a great speaker.
Krish Dhanam, a professional speaker who has spoken in 75 different countries across 6 different continents, has recently written two new books: Missives Mottos & Maxims, and Twilight.
Today, Krish Dhanam joins Tom and John on WealthTalks to share about these books and the reasons he wrote them.
Get the new books here:
Missives, Mottos & Maxims at SkyLifeSuccess.com
Twilight at MalaMinistries.org
Both books are also available on Amazon - Paperback and Kindle versions.
Customer ReviewsSee All
Great advice that actually covers real questions
Wealth talks is great as they cover numerous topics from concepts to the actual steps of using your policies! Most other IBC podcasts just cover theory and leave out the mechanics of the concepts but the McFie family covers it all.
What in the World!?!
This is the craziest review I have ever heard....what do you make annually? That’s the most important question. Participating whole
Life? It seems like something is missing.
I’ve listened to every episode to date and have thoroughly enjoyed learning so much about participating whole life insurance policies.