Are you tired of the constant drumbeat telling you that paying off your mortgage as fast as possible is the key to financial freedom? Let’s challenge that notion today.
In today’s fast-paced world, access to cash can often be the difference between seizing an opportunity or facing a financial setback. For many homeowners, a Home Equity Line of Credit (HELOC) presents a tempting solution to tap into their home’s equity quickly.
Are you eager to dive into investing but feel discouraged by hefty account minimums set by financial advisors? This predicament is not uncommon. Many individuals, like a couple I recently spoke with, encounter barriers due to these minimums, often set at astronomical figures like $1,000,000.
Are you a firm believer in the mantra that “cash is king”? It’s a common adage, deeply ingrained in many of us, advocating for the virtues of paying cash and avoiding debt at all costs. We’re told to clear our mortgages, credit cards, and student loans as swiftly as possible, freeing ourselves from the clutches of external financial burdens. But what if this belief, seemingly prudent on the surface, is actually holding us back?
Are you looking to secure your financial future but unsure where to begin? One avenue worth exploring is utilizing a specially designed whole life insurance policy tailored for cash accumulation. This strategy empowers you to plan for both known and unforeseen financial needs with flexibility.
Episode Summary In this episode of the Control Your Cash Podcast, host Tim interviews John St. Pierre, author of ‘The 100 Million Journey’ and a coach to entrepreneurs. John shares his unique entrepreneurial journey, starting from his college days running a painting franchise, to building…
When it comes to the Infinite Banking Concept, it’s easy to get caught up in the details and questions like “Should I start now?” or “Am I ready?” The truth is, the best time to start was yesterday, but the second-best time is today. Let’s dive into how you can start your journey without overwhelming yourself.
Do you have a lump sum of money and you’re wondering how to get the most out of it? Well, one option could be a CD. But another option could be an annuity. Have you ever wondered what the differences are, what the pros and cons are of each of these products?
So you may be wondering, Yeah, why does it make sense to put money in a whole life policy? That’s a lousy investment. It’s going to take me so long to break even and then earn a rate of return on that money.
A question that you may have, if you’re thinking about implementing the infinite banking concept, is why on earth would I be paying interest to access my own money?