The Infinite Wealth Podcast

Join us as we begin a new series in which we review Robert Kiyosaki's, CashFlow Quadrant. In today's episode Anthony and Cameron define the four quadrants and focus on the differences between them. They ask thought invoking questions that will help you identify which quadrant you are in today and where you want to be in the future. Enjoy this episode..... Resources: Cashflow Quadrant by Robert Kiyosaki Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at https://infinitewealthcourse.com/home

Today we answer the often debated question: "Which type of insurance company is better for Infinite Banking: Direct or Non-Direct Recognition?" Often times we hear of advisors ONLY using one or the other because of certain advantages they perceive. Anthony and Cameron discuss the difference's between Direct and Non-Direct, their findings when they actually did the math and finally they list several features to consider in addition to whether a company is Direct or Non-Direct. Resources: How to tell the whole truth about Direct Recognition Direct Recognition vs Non-Direct Recognition, which is better?

In today's episode we interview strategic coach David Chavez, owner of Assured Strategy. Throughout his 11 year career he has helped over 200 companies Scale Up and today he shares some of his insights on goal setting and how if done properly business owners can stop the triage and start treating the major issues that are holding them back. Join us as we discuss this idea as well as The Value of Setting Three (And only THREE) Goals and How Stretch Goals can be Harmful. This is Part One of a Two Episode Series....Enjoy!! Resources: Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at https://infinitewealthcourse.com/home Smart Sheet PDF Enjoyment Matrix PDF The 7 Habits of Highly Effective People by Stephen R. Covey The 4 Disciplines of Execution by jim Huling, Chris McChesney and Sean Covey Stephen Covey Put First Things First Big Rocks video https://youtu.be/zV3gMTOEWt8 David Chavez' Email: [email protected] Assured Strategy Website

In today's episode we interview Brandon J. Miller, Director of Life Equity Lending with M&M Bank. M&M Bank is one of multiple banks we work with that will allow policy owners to use their cash value as collateral in order to establish a line of credit. Brandon describes the advantages and disadvantages of doing this instead of taking a loan against your cash value directly from the insurance company. Additional topics discussed include: (1) What is the difference between a loan and line of credit? (2) Will this affect my credit score in any way? (3) What are the terms M&M Bank is currently offering (4) Can I borrow against a PDF Account (Premium Deposit Fund) Enjoy this episode!! Resources: M&M Bank Website M&M Bank One Sheet Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our online course at https://infinitewealthcourse.com/home

In this episode Anthony and Cameron discuss page 71 of Nelson Nash's book, Becoming Your Own Banker. This chapter is titled "An Even Distribution of Age Classes" and focuses on the importance of thinking long term. When discussing leaving a legacy often times the focus is only on leaving dollars for the next generation while often financial "sense/cents" is overlooked. Anthony and Cameron discuss planting the seeds of a financial legacy by sharing practical ways they are teaching their children about dollars and "sense." Resources: Becoming Your Own Banker by Nelson Nash Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at https://infinitewealthcourse.com/home

In today's episode, Anthony and Cameron walk our listeners through a case study that features a couple in their early 60's that received a $250,000 windfall and were wondering what to do with it. Cameron and Anthony break down this case study into four parts: (1) Back Story (2) Policy Design (3) Case-Specific Considerations (4) How they plan on using the cash value moving forward Enjoy this week's episode!!! Resources: Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at https://infinitewealthcourse.com/home Link to Blog Post w Case Notes/Excel/PDF's

Today we interview fellow Infinite Banking Practitioner and best-selling author, Mary Jo Irmen. Mary Jo has authored Farming Without the Bank and her most recent book Wealth Without the Bank or Wall Street has helped establish her as the premier Farm Finance Consultant in the country. We discuss how and why she became an expert in her niche market; how her clients have been using this strategy to finance equipment and ultimately replace lines of credits with the banks and additionally we discuss what the biggest obstacles her clients have had in understanding IBC and how she has helped overcome it...Enjoy this week's episode. Resources: Be sure to check our on-line course at https://infinitewealthcourse.com/home Farming Without the Bank Podcast Mary Jo Irmen's Books

Show Notes: Infinite Banking Concept FAQ - Part II "The important thing is to never stop questioning." - Albert Einstein. Questions are crucial especially when we are learning something for the first time. We have gathered the top 15 FAQ's and will be answering them in a two part series to help our listeners better understand the Infinite Banking Concept. Questions discussed in this episode include Won't I get killed by the agent's high commissions? When can I take my first policy loan? What happens if I can't make my premiums? I'm too old Is this FDIC insured? Can I buy a policy on my parents? Should I buy a policy on my kid instead of me? Resources: Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at www.InfiniteWealthCourse.com Life Insurance on Kids https://youtu.be/2q0pUk8E2wE

In today's episode we learn how Zeona McIntyre's side hustle allowed her to become financially free in just a few short years. Zeona tells us how she got started as an AirBnB host and how she grew that into becoming a premier AirBnB Consultant. We discuss a range of topics including how she finds her properties, how she has creatively financed many of those properties as well as how passive this business model actually is. Join us as we learn about the AirBnB market from an industry expert....Enjoy! Resources: Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at https://infinitewealthcourse.com/home https://www.zeonamcintyre.com/about https://www.vrbo.com/ https://www.airdna.co/airbnb-calculator https://www.couchsurfing.com/

"A prudent question is one-half of wisdom." - Francis Bacon. Questions are crucial especially when we are learning something for the first time. We have gathered the top 15 FAQ's and will be answering them in a two-part series to help our listeners better understand the Infinite Banking Concept. Questions discussed in this episode include: But I can get a higher rate of return... Why isn't everybody doing this? Why do I have to pay interest to borrow my own money? Can I roll my 401(k) into this? Does the insurance company steal my cash value when I die? How much of my CV can I borrow? And how quickly? Can/should I have more than one? Won't I get killed by the agent's high commissions? Resources: Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Be sure to check our on-line course at https://infinitewealthcourse.com "I can get a higher rate of return" YouTube Video Does the insurance company steal my cash value YouTube Video

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Is money like candles or cake??.....In today's episode we interview noted rabbinic scholar, TV Host and best-selling author, Rabbi Daniel Lapin. In answering the question, "What is money?" Rabbi Lapin provides his unique insight of ancient Jewish wisdom and compares the spiritual attributes of money to both candles AND cake. In addition we discuss the following topics from his widely recognized books, Thou Shall Prosper and Business Secrets from the Bible: -What more important? What you know or what you believe? -No word for "fair" in the Hebrew language -What is money? -Money is proof you've done good for others Resources: https://rabbidaniellapin.com/podcast/ http://youneedarabbi.com/

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast "But I can get a higher rate of return somewhere else!" This response highlights a fundamental misunderstanding of the Infinite Banking Concept. In today's episode we explain why the rate of return in the policy is secondary to learning how to "use" the policy. In other words, the lesson Nelson is conveying to us in this brief chapter is this: Where you store wealth is not where it is created. Take your time with this episode and listen to it more than once if needed.....ENJOY!! Resources: Becoming Your Own Banker by Nelson Nash

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Why wouldn't I just pay cash? We get this question often....often enough that I cant believe it took us thing long to record this video. We have created this podcast and a YouTube video to explain why you should be taking a loan against your cash value to purchase your Real Estate investments. Real estate is not liquid and Whole Life insurance doesn't create income the way real estate does but TOGETHER they are the perfect combination of liquidity and cash flow. In this episode we are going to discuss the six ways in which whole life and real estate complement one another: (1) Cash Flow (2) Appreciation (3) Tax Advantages (4) Equity (5) Leverage (6) Hedge Against Inflation AND in addition, we go through a case study to prove why you should NEVER pay cash for real estate. Once you have finished this episode be sure to watch our "And 1" YouTube video where we dive deep into the numbers...ENJOY!! Check out our online course at: https://infinitewealthcourse.com Resources: "And 1 Video" https://youtu.be/YSd_S3VLoEM

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode Cameron and Anthony dive deep into page 68 of Nelson Nash's, Becoming Your Own Banker. In discussing this section titled, "The Cost of Acquisition" they address the following two topics: (1) The Slow Start: Easily the number one objection to IBC and (2) What's the TRUTH: "Is Cash Trash" or "Is Cash King?" Enjoy this episode. Resources: "And 1 Video" - TBD Cash vs. IBC Video Becoming Your Own Banker by Nelson Nash

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode Anthony and Cameron discuss the differences between saving, investing and speculating. These three words are often used interchangeably but they have profoundly different meanings and for us to be successful in our financial lives we must understand the differences. Join them as they go through each the meanings and provide easy to understand examples. By the end of this podcast you should be asking yourself two questions (1) What are you currently doing with your money and (2) What is it that you want to be doing with your money? Enjoy today's episode and be sure to check our on-line course at https://infinitewealthcourse.com for more information. Resources: Richest Man in Babylon Video: "Infinite Banking is a terrible investment"

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast We tell clients every day...."YOU are your GREATEST asset!" In today's episode Cameron, Anthony and their guest, Ryan Pineda discuss why personal development should always be your first investment. Ryan is a former professional baseball player turned serial entrepreneur. He shares with us how his emphasis on personal development has led him to go from flipping 5 houses to over 300 in just a few years. In addition to flipping houses, he has written a best-selling book, created a very successful coaching program, and started an accounting firm specific to Real Estate Investors. Enjoy today's episode and be sure to check our online course at https://infinitewealthcourse.com for more information. Resources: Flip Your Future by Ryan Pineda (Book) https://futureflipper.com/ https://ryanpineda.com/ How to use your cash and leverage it properly

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode, Anthony and Cameron discuss Nelson Nash's Becoming Your Own Banker and review the section he titled "The Retirement Trap." In this section, Nelson shares his views on Social Security and other government-sponsored plans such as 401(k)'s and IRA's. In addition, they discuss the definition of retirement and how helping clients have a clear understanding of what it means to live/invest with intention can help lead to a very long and product life. Are you following along in the book? If not, you should be. You can join us by getting your copy of Becoming Your Own Banker from the link below. Check our on-line course at www.InfiniteWealthCourse.com Resources: Thou Shall Prosper by Rabbi Daniel Lapin Business Secrets of the Bible by Rabbi Daniel Lapin Becoming Your Own Banker by Nelson Nash

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast One of the biggest misconceptions in Real Estate is that you have to have money to get started. In today's interview, Chris Prefontaine shares with use three creative financing strategies you can use to acquire Real Estate with little to no money out of pocket. He defines what it means to purchase real estate on "terms" and explains why price is not always the most important piece when it comes to buying/selling. Enjoy this interview titled: "The New Rules of Real Estate." Additional topics include: What is a Lease Option? What is Owner Financing? What is "Subject to"? Do these strategies work in today's current real estate environment? What are the pro's/con's of running a family business? Be sure to check our online course at https://infinitewealthcourse.com Resources: Free Educational Webinar Strategy Call w Chris Prefontaine Smart Real Estate Coach YouTube Channel Free EBook

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Have you ever wondered what a tax lien is? If so, you're not alone....Anthony has too :) Today we interview the tax lien guru, Cynthia Spirlin, J.D. As a child Cynthia witnessed first hand what kind of impact owning real estate could have on her family's finances and in addition to sharing her story, she explains tax liens and discusses investment opportunities investors can use to create passive income. We discuss how much you need to get started and what's your exit strategy once you own one. Cynthia has created many resources for investors to learn more about tax lien's and those can be found in the show notes. Enjoy this episode!! Additional topics include: What is the redemption period? How to perform due diligence on a tax lien? Are there good or bad tax liens? How competitive is this market? Check our on-line course at https://infinitewealthcourse.com/home Resources: Facebook: https://www.facebook.com/taxlienmastermind/ LinkedIn: https://www.linkedin.com/in/taxlienswithcynthia/ Youtube: https://www.youtube.com/channel/UCwDIwpcOfyoLgTPpyoqF75Q Business Mobile Phone: (702) 335-2099 Business Email Address: [email protected]

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Have you ever felt like you're watching someone's highlight reel and wondered if Real Estate Investors ever make mistakes?? Today we interview Spencer Cornelia and he shares with us his story of stepping out from his W-2 job and stepping into Real Estate. He shares some of the setbacks he encountered in his first two deals and how that experience ultimately led him to create his YouTube channel where know he has a growing social media following of over 30,000 subscribers. You will enjoy this message of resiliency from an entrepreneur that is willing to share how some of his mistakes have led him to achieve success in other ventures. Enjoy!! Be sure to check our on-line course at www.InfiniteWealthCourse.com Resources: Spencer Cornelia's YouTube Channel Spencer Cornelia: Bigger Pocket's Interview How I bought a Seller Financed 4 Plex in Las Vegas Antifragile by Nassim Nicholas Talib

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast As Nelson states in his book, "If you know what's happening you'll know what to do" and if you've been following along by this point you have a fundamental understanding of how the "banking function" of your life has a direct impact on your personal finances. In today's episode Anthony and Cameron discuss Nelson's advice for capitalizing and implementing your system. It all starts with some honest introspection and a commitment to change. Once you have the desire there are five steps to take: (1) Change your priorities (2) Develop a regimen (3) Be in community with like minded individuals (4) Continue to learn (5) Action...DO IT NOW. Enjoy this episode!! Quotes: There has got to be some honest introspection at this point and a commitment to "get out of financial prison" must be a burning passion. If you know what's happening, you will know what to do. Resources: Check our on-line course at www.InfiniteWealthCourse.com Becoming Your Own Banker by Nelson Nash

Schedule your 15-minute call with Anthony or Cameron here:http://bit.ly/iwc15podcast Have you ever wondered if IBC actually works? If so, you're not alone. In today's episode we interview Dr. Dick Dykman, DDS and he shares with us how he has used the Infinite Banking Concept in his dental practice as well as his personal life over the last 14 years. In addition to providing his own personal testimony we address the following topics: Why isn't everyone doing this? Am I too old for IBC? Does this actually work? What were your initial concerns? What advice would you have for a young professional? What would you have done differently when you started your first policy? To learn more about the Infinite Banking Concept check out our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast BACK BY POPULAR DEMAND.......In today's episode, we interview Aaron Chapman with Security National Mortgage. Aaron does over 700 loans a year for Real Estate Investors and today we discuss why cash flow is really just the "Cherry On Top" of real estate investing. Today we dive deep into the tax advantages of Real Estate; How Real Estate acts as a Hedge Against Inflation; and Aaron provides a foundation understanding of interest rates which in turn helps to answer your question....."Should I refinance?" Additional topics discussed include: Why are interest rates not 0%? Why lenders sell the servicing rights to loans? Should I refinance my personal residence and/or investment properties? Real Estate as a Hedge Against Inflation How policy loans work His thoughts on investing for appreciation Check out our online course at www.InfiniteWealthCourse.com Quotes: Leverage High, Leverage Long, Pay off Slow – Aaron Chapman RESOURCES: AND 1 Video: The Master Key System by Charles Haanel Aaron's Website Aaron's Youtube Channel Shadowstats.com Arron's books https://bit.ly/aaronchapman QJO Initiative: 4 Books Series Point Your Head and Heart....Your Ass Will Follow: Book 1 Gratitude: A Practical Application: Book 2 Quit Jerkin Off: Book 3 Stihl Running: Book 4

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Have you ever laid in bed at night and wondered if you have enough money to retire? In today's episode we interview Dr. Wade Pfau, who has devoted his career to answering this question. Dr. Pfau is the Founder of the Retirement Researcher Blog which provides independent, data-driven and research-based information about retirement income planning. Today we discuss one of the biggest misconception's clients (and advisor's) make when calculating cash flow in retirement. The "4% Rule" is often misunderstood and Dr. Pfau provides his insight into whether or not it is applicable in today's low interest rate environment. Additional topics discussed include the following: What is the 4% Rule? Is it still applicable in today's low interest rate environment? Whole Life vs. Universal Life Should I replace my Bond Portfolio with High Cash Value Life Insurance? What are the three types of Buffer Assets? Personal Pension/Volatility Buffer The case for annuities in a low interest rate environment What is a Reverse Mortgage? Reverse Mortgage vs. A HELOC To learn more about how to increase your income in retirement check out our on-line course at www.InfiniteWealthCourse.com Resources: Website: https://retirementresearcher.com/ How much can I Spend In Retirement? A guide to Investment-Based Income Strategies Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement Safety-First Retirement Planning: An Integrated approach for a Worry-Free Retirement White Paper: Optimizing Retirement Income by Combining Actuarial Science and Investments Sequence of Returns Video- https://youtu.be/dbRDzZK4EK0

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we interview Steven Libman, Managing Partner of Integrity Holdings Group. He details how he built a very successful wholesaling/fix flip business and what led him to the realization that he needed to move to Commercial Real Estate; specifically Self Storage Units and Apartment Buildings. In additional we discuss how to create generational wealth through Commercial Real Estate and how he uses IBC to enhance his real estate investments. Additional topics include: Passive Income: "So easy a 6 yr old can do it" Millionaire Kids How to invest with purpose What is a syndication? What are the pro's/con's of syndications? To learn more about how to increase your real estate investment returns check out our on-line course at www.InfiniteWealthCourse.com Resources: Integrity Holdings Group Free From Wall Street: 5 Things Your Financial Advisor Doesn't Want You To Know Free From Wall Street Podcast Why We Are Getting Into CRE Tax Free Wealth by Tom Wheelwright, CPA

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we review pages 51 – 63 of Nelson Nash's "Becoming Your Own Banker." We dive deep into the equipment financing section where Nelson proves the more we use the policy the better it gets. This idea is counter intuitive to most and so Nelson dedicates these pages to show readers what happens when we start to take control of the banking function of our business and the results will surprise you. Concepts: 20% of results are from the product we are using/80% of results are from the way we use it There is only one pool of money Think of premiums as "Capital for your business" Most people are building equity in the wrong place The more you use it the better it gets Quotes: "Business' come and go – but banking is eternal" "Everyone should be in two business' - the one in which you make your living and the other should be the banking business that finances whatever you do for a living" Check our on-line course at www.InfiniteWealthCourse.com Resources: Becoming Your Own Banker by Nelson Nash Equipment Financing Video Link https://bit.ly/IWCequipmentfinancing

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Are you tired of the roller coaster that is the stock market? Have you ever felt Wall Street doesn't have your best interest at heart? If so, you're not alone. In today's episode we interview best-selling author and advisor Barry James Dyke. Barry has written three books (with one more coming soon) that peel back the curtain on how Wall Street has systemically transferred the risk of investment losses' to the American consumer while keeping a majority of the profits for themselves. We discuss the hypocrisy found when major banks/financial institutions (and politicians) tell you to speculate with your hard earned dollars while they put their money in non-market correlated assets. In addition, he uses Caesars Entertainment's 2015 Bankruptcy filing as an example to highlight the incestuous relationship between Private Equity Firms, Pension Plan Managers and major Banking institutions. Additional topics discussed: Insider's take on the leveraged buyout of Caesars Entertainment The connection between Private Equity and Pensions The Greater Fool Theory Tier 1 Capital: What is it and why banks own so much of it The importance of Creditor Protection: The Ken Lay Story What to know about Annuities The Glass-Steagall Act: It's repeal in 1999 and the effect it had on the American Economy Quotes: "Never met a man who's made a million dollars from mutual funds" "No cop on the beat" "Fiscal Fitness" Check our on-line course at www.InfiniteWealthCourse.com Resources: Barry's Website "The Economic Warrior" Youtube Channel The Pirates of Manhattan The Pirates of Manhattan II: Highway to Serfdom Guaranteed Income: A risk free guide to Retirement Financial Planning has Failed E-Book Creature from Jekyl Island Buyout of America by Josh Kosman

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Are you feeling stuck at your job and tired of trading time for money? If so, you need to listen to this episode where we interview Stuart "Stu" Grazier, co-founder of Storehouse 3:10 Ventures where he tells us about his success' (and some failures) he's made in real estate investing. He discusses his experience with private lending and why he's transitioned to not only purchasing turnkey rental properties himself but how and WHY he and his business partner, David Gutierrez have begun offering turnkey rental properties to other investors. Additional topics discussed in this episode include: What is a Turnkey Rental Property? What markets are they currently working? What is the average price range and rent for these properties? Expected Rate of Return How extensive are their rehabs? How long is their waiting list What makes them different from other Turnkey Providers? Check our on-line course at www.InfiniteWealthCourse.com Resources: Filling The Storehouse Podcast storehouse310turnkey.com David's LinkedIn Stuart's LinkedIn Storehouse Facebook Storehouse Instagram Storehouse YouTube Channel

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode we interview Keith Yackey, carpenter turned Real Estate Entrepreneur. Keith is the founder of Private Money Pro, the creator of the Private Money Process and has flipped over 700 properties, owned over 300 rentals and raised close to $50M of private money. Keith peels back the curtain on raising Private Money and shares the top 3 place you can go to raise private money and what you need to say to investors once you find them. In addition, he shares his insights on the importance of "Relationship Capital" while providing practical steps you can take to build your professional network. Additional topics discussed include: Practical Steps to Building a Network The Importance of having a Mentor/Coach Top Two Misconceptions that hold most Entrepreneurs Back Why You should have an "Everything is Figureout-able Attitude" The first investment you should make Keith's Top 3 places you can go to raise private money Knowing what to say to investors once you find them How to instantly establish credibility with investors The importance of "Relationship Capital" Check our on-line course at www.InfiniteWealthCourse.com Resources: Keithyackey.com PrivateMoneyPro.com Keith Yackey YouTube Channel KeithandJesse.com

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this week's podcast we discuss the recently passed CARES ACT; the single largest stimulus package ever passed by Congress. There are some phenomenal provisions in here and we want to make sure you understand what is available to you and your business. We are joined by the managing partners of the Las Vegas based accounting firm Campbell Jones Cohen CPA's. This live webinar was recorded on Friday, April 10th: * Which Loans, Grants and/or Tax provisions will benefit you the most * Should I apply...If so, how do I apply? *What benefits can a real estate investor or landlord qualify for? * Why you should consider a Penalty Free Withdrawal from your 401(k) * Q&A (Live Question and Answer) Check our on-line course at www.InfiniteWealthCourse.com Resources: Campbell Jones Cohen CPA's Bongiovi Law Firm's List of Banks Taking Non Client Applications Financial Planning Has Failed e-book

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode Kim Butler shares with us what led her to walk away from "typical" financial planning; including giving up her CFP designation and ultimately create the Prosperity Economics Movement. For the last 20 plus years, Kim has shunned common financial products such as stocks, bonds, savings accounts and CD's in favor of alternative investments, private lending, and creative life insurance strategies outside of the typical financial planning "box." In today's interview we discuss the following topics: A CFP's perspective on "Financial Plans" What led her to give up her CFP designation What she learned from her wealthy clients about how to CREATE wealth Where the best place to store your emergency/opportunity fund is How her advice has changed over the years Words are important: TRADITIONAL vs. "typical" Financial Planning What is the Prosperity Economics Movement? Check our on-line course at www.InfiniteWealthCourse.com Resources: Financial Planning has Failed ebook Perpetual Wealth by Kim Butler The Mystery of Capital by Hernando De Soto The Future is Faster Than You Think by Peter Diamandis ProsperityEconomicsMovement.org

Schedule your Discovery call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode we interview colleagues Russ Morgan and Joey Mure, co-founders of Wealth Without Wall Street. Over the last several years they have built a very successful advisory practice and they can attribute a lot of that success to "The Community" they've built which brings like-minded people together to share conversations of how to create wealth. Today, they tell us WHY they created "The Community," who it's for and what resources are available to clients once they join. Other topics discussed today include: Are you tired of trading time for money? What does Financial Freedom mean to you? The Four Step Process to achieve Financial Freedom What financial lessons are we teaching our kids? Why did they create "The Community"? Success stories that have come from being a part of "The Community" Check our on-line course at www.InfiniteWealthCourse.com Resources: www.wealthwithoutwallstreet.com/infinitewealth

During this episode Anthony and Cameron host a Virtual Open Office Hour to address client concerns regarding the Coronavirus situation. They address the five most common questions they been asked in the last week while also discussing a few tips that you can do now to be in the best position financially when things settle down. Today's conversation addresses the following topics: -What can I do to adjust my premiums? -How safe is the banking system? -How safe is my cash value? -How much money should I have in my savings and/or checking vs. cash value? -Should I apply for and utilize a line of credit: whether it be a HELOC or a business LOC? -What to do during this downtime? Resources: The Land Geek The Land Geek Launch Kit Bigger Pockets The Community IWC Course The Lara-Murphy Podcast IWC Podcast: Liz Nowling: Mid South HomeBuyers: Turnkey Mark Podolsky, The Land Geek Alexander Felice, BRRRR Strategy Corona Virus White Paper FDIC Bail in

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this week's episode we interview Todd Langford, CEO and developer of Truth Concepts Financial Calculators and Co-Founder of the Summit for Prosperity Economics Advisors. We discuss the "Top 5 Myths of Financial Planning." Topics discussed include: -Myth #1: Buy Term and Invest the Difference -Myth #2: Qualified Plans are the best way to save for retirement -Myth #3: The path to wealth is found in a well-diversified portfolio of stocks and bonds -Myth #4: Whole Life Insurance is a terrible investment -Myth #5: Paying Cash is the best way to make large purchases -Myth #6: Direct vs. Non-Direct Recognition. Which is best? Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In our previous episode we interviewed American Economist, Robert Murphy; during this interview he predicted the American economy will experience a recession in July of 2020. Today we discuss 10 steps you can take to protect yourself from an upcoming recession. Some topics discussed include: -Maintain a positive attitude -Analyze your current job -Are you financially prepared to take care of loved one's -Review your monthly expenses -Pay down high interest debt -Review major spending plans -Boost your credit score -Get a line of credit -Start a side hustle -Build your opportunity fund Check our on-line course at www.InfiniteWealthCourse.com Resources: Sign up for the Investors tool kit http://bit.ly/LGinvestorstoolkit What is Land Flipping all about? Find out here: http://bit.ly/LGTookKit

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's podcast we interview American Economist, Robert "Bob" Murphy. A short list of his many accomplishments include having a PhD in Economics from New York University, he's a Senior Fellow with the Mises Institute, he's on the Board of the Nelson Nash Institute, he is the author of hundreds of articles and several books on Economics and in addition he hosts two podcasts: "The Bob Murphy Show" and "The Lara-Murphy Show." During this episode we discuss the following topics: A brief overview of the differences between Austrian and Keynesian Economics How Austrian Business Cycle Theory explains the boom/bust cycle of the American Economy What is Quantitative Easing and why is it bad? What is the Inverted Yield Curve and why does it happen? Bob tells us WHEN and WHY to expect the next RECESSION TO HIT the US Economy Check our on-line course at www.InfiniteWealthCourse.com Resources: Chart illustrating correlation between QE and S&P 500 Bob's October 2007 article talking about impending recession: Podcasts: The Bob Murphy Show: The Lara-Murphy Show Books: Choice by Robert Murphy Economics in One Lesson by Henry Hazlitt

In this episode, we share a couple highlights from the IBC Think Tank - David Sterns, Nelon Nash's son-in-law, shared what generational wealth transfer means -How was it being the first year without Nelson - IBC is all about "How you think." by R. Nelson Nash - Economic Outlook by economist, Robert Murphy Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Resources: -Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC -Inverted Yield Curve https://en.wikipedia.org/wiki/Yield_curve - Video on Paying Cash vs IBC

This episode we interview real estate expert, Zach Walkerlieb of The Walkerlieb Group w Coldwell Banker. Zach pulls out his "crystal ball" for 2020 and we discuss: - We start with the important question first: "Is Tom Brady buying a house in Las Vegas?" - What Zach learned from underwriting for properties for investors - Zach's few on what will happen with appreciation for real estate - What makes the US an attractive investment for foreigners? - How to find out information about zip codes you are looking to invest in? - What questions to ask your "real estate" team - Overview how a tax-free 1031 Exchange works - How to get comfortable investing outside of your local market - Where interest rates are going? - Advantages of higher interest rates - Has the new tax rules impacted people from buying a house? - What makes real estate such an attractive investment - Are there hundreds of empty homes owned by banks and investors, waiting to be sold? The books Zach recommended: Fake by Robert Kiyosaki What is the Future and Why Its Up to Us Lifespan: Why We Age and Why We Do Not Have To by David A. Sinclair Sapiens and Homo Deus by Yuval Noah Harari You can reach Zach at 702-743-9988 www.WalkerLiebGroup.com Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast

Schedule your 15 minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast On pages 48 of Becoming Your Own Banker Nelson Nash states "premiums and income should match." Nelson often taught in parables and often used the phrase "it's all about how your think." This is an example of Nelson giving us an idea without much direction on how to execute it. In this episode we outline our three rules for how/when to expand your banking system and we also provide a practical example of what it looks like. Resources: "Expanding Your Banking System" 15 year vs 30 Mortgage: Which is best?

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our on-line course at www.InfiniteWealthCourse.com In this episode, we welcome Darrel Evans, Co-Founder of Yokel Local and Host of the MindShift Podcast. We discuss ways people can shift their mindset from an employee to that of an entrepreneur. What is an Entrepreneur's Mindset....its a way of thinking that enables one to overcome challenges, be decisive and accept responsibility for one's outcomes. Topics include: Fear: How it affects the decisions we make Accountability: Everything is dependent upon you Resiliency: Must learn to deal with mistakes and failures Humility: Willingness to learn from others. Can't be arrogant and learn at the same time Constructive Criticism: Business is a series of unending course corrections Quotes: "Prosper where you are planted" – D. Evans "Life (and business) is a series of challenges. When you complete one challenge you get rewarded with another." - C. Christiansen Resources: https://www.themindshiftpodcast.com/ https://www.yokellocal.com/ The E-Myth by Micahel Gerber Cashflow Quadrant by Robert Kiyosaki Think and Grow Rich By Napoleon Hill The Power of the Subconscious Mind by Joseph Murphy Psycho-Cybernetics by Maxwell Maltz

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall On today's episode we interview Mark Podolsky aka "The Land Geek." Mark has completed in excess of 5,400 land transactions over the last 20 years. He shares with us how he got started, how he's been able to scale his business while working just a few hours a week and he tells us WHY he teaches other investors how to do the same. In addition, you will learn how he was able to create enough passive income to leave his investment banking career in just 18 months. Topics discussed include: Solo-Economic Dependency: What is this and why is Mark is on a mission to rid the world of it Mark explains the 5 step process of Flipping Land How the last financial crisis affected his business and what he would do differently Mark tells us that to be successful in this type of business you need to have skills: (1) You must enjoy getting a good deal and (2) Embrace the suck How much capital is needed to get started Land Flipping? He tells us how he's been able to automate 90% of this business and only work a few hours a week Next Steps: Investors Launch Kit https://bit.ly/LGLaunchKit Land GeekBoot Camp (Las Vegas Aug 7th – 9th) Flight School Flight School LIVE Quotes: This business model is simple but not easy – Mark P. Resources: https://www.thelandgeek.com/ https://www.thelandgeek.com/bootcamp/ Dirt Rich by Mark Podolsky www.InfiniteWealthCourse.com Profit First by Mike Michalowicz **We use affiliate links. If you decide to buy something we may receive compensation from those companies

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we discuss one of the most commonly asked questions: "What should my premium(s) be?" Clients often struggle with this question when they first initiate a policy; We provide a general rule of thumb we've used when helping clients determine what their premiums should be. Also, we discuss other considerations for policy design such as how much a client is saving, cash sitting in checking/savings accounts, expected windfalls, etc.....Each of us provide a case study for listeners to better understand what goes into policy design. Why client should view premiums as a "deposit" rather than an expense Why it's important for clients to understand the flexibility they have when paying premiums How much are you currently saving Are you expecting any windfalls Is there any cash sitting in savings accounts earning 0% General Rule of Thumb when determining Premium's: 10x's your age per month Case Study: 40 yr old Business Owner concerned with how much cash she had sitting in various checking accounts Case Study: 60 yr old Couple concerned about turning their 401(k) into cash flow Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15 minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we are highlighting pages 41 – 47 of Nelson Nash's book Becoming Your Own Banker. We outline the five methods of having use of a vehicle (Lease/Finance/Cash/CD/IBC) and review the two methods that are actually profitable (CD/IBC). Check our on-line course at www.InfiniteWealthCourse.com Resources: Video walkthrough of the CD vs IBC http://bit.ly/3anUHDO Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC Nelson Nash documentary http://bit.ly/NelsonDoc

Schedule your 15 minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall In this episode we interview Todd Mardis, President of Capital Preservation Services. Capital Preservation Services places a high degree of focus on income tax planning for clients paying in excess of $75k in Federal Income Taxes. Todd is joined by one of his tax attorneys, Walt Dallas as we discuss the topics listed below and many more: What about CPS makes them different than any other accounting firm Do clients need to change their current CPA if they choose to work w you Why most CPA's do not provide tax advice or tax planning? Why are most CPA's conservative? What is the difference between a tax attorney and a CPA? How does a client prove their deductions and what type of inhouse help do you provide? What to do if you get audited? Check our on-line course at www.InfiniteWealthCourse.com Resources: https://cpsllcms.com/

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast

Schedule your 15 minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall Check our on-line course at www.InfiniteWealthCourse.com In this episode we discuss (a few) reasons why we do NOT recommend IUL's for use with the Infinite Banking Concept. We do our best to give an overview of some of the pitfalls without getting too far into the numbers and for those of you that have more questions and want additional resources you can go to our website (www.InfiniteWealthConsultants.com/IUL. Here you can watch video's highlighting the math behind IUL's, the differences in IUL illustrations vs WL illustrations, the costs in an IUL Policy as well articles from The Wall Street Journal, Bloomberg and a Warning from the State of New York regarding IUL Policies (and much more). In this episode we discuss the following topics: What are the differences between Universal, Variable and Indexed Universal Life? Mixes stock market with insurance How the risk is shifted from the insurance company to the policy owner Can IUL policies go Bankrupt? Cash Value vs Surrender Value...What's the difference and why is it important? Will an IUL help you achieve your goals? Additional Resources can be found at www.InfiniteWealthConsultants.com/IUL Video: The Math Behind IUL's Video: The Differences in IUL and WL Illustrations Video: The Costs inside of an IUL Policy Link: Warning from State of New York on UL Policies Link: Bloomberg Article by Michael Burry (Christian Bale's Character in the Big Short) Link: Wall Street Journal Article addressing the pitfalls of IUL's And MUCH more!!

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall Check our on-line course at www.InfiniteWealthCourse.com In this episode we interview Blake Johnson, Managing Member of Trusted Estate Planning Attorneys. He shares his insights on Nevada Law in regards to Business and Estate Planning as well as his reasons for practicing the Infinite Banking Concept. Here are the list of topics covered in this episode: Is estate planning only for wealth people? Ways to avoid probate court Difference between a living will and a trust Two main reasons in determining whether you should have a trust or not? Guardianship over minor children Life Insurance and Trusts – Should my LI policy be owned by my trust? Which is best to have as my beneficiary: A trust or an individual? Estate planning through the ages How does the level of creditor as well as asset protection of cash value life insurance in the state of Nevada compare with other states? Nevada Asset Protection Trust: "untouchable for spousal support and child support Rental Real Estate: Should it be owned in a trust or an LLC? What is a Series, LLC and should real estate investors use one? Downside of using a Series LLC? If I finance a house in my personal name can I move it into an LLC? How his internship at NW Mutual introduced him to the financial industry and how this played into his decision to practice the Infinite Banking Strategy. Resources: Blake's website: https://trustedepa.com/ Blake's Podcast Link: https://trustedepa.com/podcast/ Blake's Book: https://www.amazon.com/You-Cant-Take-Planning-Questions/dp/1544707096 Your cash value is protected in Nevada SB348: https://www.leg.state.nv.us/Session/76th2011/Bills/SB/SB348.pdf List of asset protection by state for Cash Value Life Insurance: https://www.actec.org/assets/1/6/Survey_of_Asset_Protection_Techniques.pdf Tax Free Wealth by Tom Wheelwright, CPA: https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058 The Obstacle is the Way: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our online course at www.InfiniteWealthCourse.com In this episode we dive deep into Hard Money Lending: What it is?/How it works, etc...We interview Stephen Sinko with 5th Bridge Funding and discuss the following topics: What is Hard Money Lending? How it is different from other funding options The reasons why somebody would need Hard Money? Opportunities in Hard Money Lending for Investors as well as borrowers What are points? What is typically charged upfront? Hard Money Misconception #1: HM Lenders are Predatory Hard Money Misconception #2: Only Broke People use Hard Money How HM Lenders are protected Due Diligence that should be done when researching HM Lenders Resources: Stephen Sinko Cell: 702-281-2304 Email: [email protected] https://www.5thbridgefunding.com/

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com In this episode, we interview Dennis Martin, President of Individual Life and Financial Services and Steve Cox, Vice President of Product Development of Individual Life and Financial Services at One America. We discuss many of the reasons why One America is one of the companies we recommend to clients. In this episode we discuss the following topics: What are dividends? And how are they calculated? Should we be comparing declared Dividend Rates amongst competitors? How does the insurance company view the PUA Rider? How the new CSO tables will affect policies moving forward? What kind of impact does our current low-interest-rate environment have on mutual companies? If this trend continues what some options insurance companies may exercise? What is the difference between Direct Recognition vs. Non-Direct Recognition? Which one is One America/AUL? Policy Loans Why One America charges loans interest upfront? What is the benefit of this? Benchmarks One America is proud of – Why we use One America and will continue to do so Whole Life vs Universal Life – AUL's Perspective Quotes: "Remember it's a savings account, not a checking account." - DM