So you’ve been looking into the infinite thinking concept and you’re wondering when is the best time to get started? Well, age is an important factor. And today we’re going to do a deep dive on what the best age to start a policy is.
Are you buried in credit card debt or student loans? And you’re looking for the best way to pay them off as soon as possible? If that sounds like you stick around to the end of this blog because today we’re going to go over a few methods of how to get out of debt and put you in a financially secure position along the way.
Some so-called financial experts recommend making extra mortgage payments on your balance. If you’re considering this, you need to stick around to the end of this blog because today we’re going to go over three reasons why this may not be the best decision for you and your financial security.
Wouldn’t it be great if you could get $1 to do the job of multiple dollars? Are you wondering how this could be possible? Well, stick around to the end of this blog, because today we’re going to talk about multiple duty dollars and how to get your money to work harder for you and your family.
For most of us, our income is limited every month. We only have so much money coming in, so it’s important, and this is why we always preach: It’s not how much money you make, it’s how much money you keep that really matters. It’s also very important to make that money as efficient as possible – to make it work as hard as possible for you and not for the other guys.
Are you wondering what the best type of account is to use to fund your retirement? There are so many accounts and so many rules, it could all get a bit confusing. But if you’re wondering how to use a cash value life insurance policy to help supplement your retirement income and why it’s a good move, make sure you stick around to the end of this blog.
Are you finally ready to get on track with your finances but aren’t quite sure where to start? Today we’re going to take a deep dive on how to budget and how to finally get on track to pay off your credit cards, your student loans, and how to finally start saving to accomplish your financial goals.
Have you ever felt like you’re doing everything right? You’re paying off your debt as quickly as possible, you have a short mortgage term, you’re maxing out your retirement plans, you’re paying cash whenever possible, and you’re investing in the stock market as much as you can afford to, but you’re still not seeming to get ahead. You still can’t reach that feeling of financial freedom like you’ve finally made it? If that sounds like you, continue reading because we’re going to diagnose exactly why that may be the case and recommend some simple shifts you can make to reach financial freedom.
In this blog, we’ll talk about how you’re using your money, how banks use it to make more (for
themselves), and how you can replicate their model of money flow to make sure you’re generating
wealth for as long as you live. We’ll talk about the infinite banking concept, how it works, and how
you can apply it in your own, everyday transactions and money strategies.
We have been constantly talking about the importance of you being in control of your money or regaining control of your money. So why is it so difficult to accomplish despite it being a very simple concept? In this blog post, we are going to talk about the unintended consequences that result from following traditional or conventional wisdom when it comes to your finances and how to regain control of your money by just knowing these things.
We have a team that specializes in the college application process. They will help you with everything from filling out the free application for federal student aid – FAFSA, to helping your child write essays for their college application. They will also help you negotiate for a better deal after you have received your initial offer on financial aid. All of these things are to help your student get into their dream school, a school that is a good fit for them. Not just that, it also helps parents not to overpay for their children’s college education.
Regaining control of your money means putting you in a position where you could access your money when you need it. When we talk about plugging those leaky holes in your financial bucket, it’s literally identifying the five major areas where you are giving up control of your money. Those areas are taxes, how you fund your retirement, how you pay for your children’s college, how you pay for your real estate mortgages and how you make major capital purchases. We do a deep dive as to how you’re using your money in these five areas to show you exactly where you’re giving up control of your money.
The cost of college is not the same for everyone. Not everyone who goes to the same school in the same year will pay the same amount for college. The cost of college is individual to each family, and it’s based on a few factors used in the financial aide calculation. That calculation includes parent’s income, parent’s assets, student’s income and student’s assets.
Congratulations! You are now ready to access the cash value in your life insurance policy and might want to organize your finances by separating your family finances from your policy finances. In this blogpost we will talk about everything you need to know about setting up a segregated account for your policy finances.
When it comes to financial planning, we all have one end goal in mind. That’s retirement. For the past thirty seven years as a financial services professional, when people come to us with their yet to be taxed IRA or 401K statements, they are generally shocked when they find out how much they have to pay in taxes.Many don’t realize that after you earn your income and you pay your tax, whether or not you pay tax again on that money, the rest of your life is optional. It’s voluntary. The key is knowing what your choices are up front.
Only in a whole life insurance policy, you can have access to the cash values without draining the tank. Basically you’re able to continuously earn compound interest and access that money to make an investment that will potentially earn you a higher rate of return.
One of the most misunderstood concepts of life insurance policies is the so-called 4% guaranteed rate of interest.
As a result of it a lot of times people get a life insurance policy but don’t see what they are told – the guaranteed 4% rate of return.
The 4% isn’t a guaranteed interest rate of return, but rather a discount rate.
Currently we’re at 20.7 trillion of money in circulation. In 2025, it’s projected to be 33.5 trillion, and in 2029, it’s projected to be $53.9 trillion. Doesn’t that create inflation? What does that mean to us? Well, isn’t inflation really having an effect on the purchasing power of our money? Isn’t that literally a way that the government found to pay their bills by taking money from us, stealing our purchasing power?
When you first start your business, it’s very important, actually, it’s vital that you reinvest the profits into the business to help the business grow. However, as your business continues to grow more and more, your net worth becomes enmeshed in the business. Consequently, your net worth becomes illiquid and inaccessible. And that has a direct impact on your cash flow.
Banks are really good at getting us to do what’s in their best interest and they do it under the premise that it’s in our best interest. And they’re so good at doing it, most of the time, we don’t even know what’s happening.
Make no mistake about it – whether you finance through conventional methods, through a bank or a finance company, or with using our process and borrowing against your cash value – every payment you make will increase somebody’s net worth. Using our process, you will increase your net worth.
For many people, the term 401k is synonymous with retirement preparation, and sometimes represents the full extent of
their preparedness. Such accounts are often included as part of a benefits package provided by employers, and chances
are if you have one, most of your retirement savings are being deposited into this account.
Are you thinking about buying a life insurance policy, but aren’t sure what to do because there are so many options? Well, stick around to the end of this video, because we’re going to go over the five different types of life insurance policies.
We would like to outline what it means for us to be a financial
advisor for our clients, and it’s not dissimilar to the relationship a golfer has with their caddie.
We all want to make the most of the resources available to us; to be as efficient as we can be while also avoiding wealth transfers. Once a decision has been made to part with our dollars, it is permanent. Since we can never have those dollars back again, it makes sense to spend them wisely.
Lifestyle money represents the dollars you are spending to maintain your current standard of living: where you live, what you eat, where you vacation etc. For many people, this is where the conversation ends. While everyone wants to solve their financial problems, reducing their current standard of living is not a popular option.
Where is it written that, in order to make money in the markets, you have to lose 30%, 50%, or even 70% of your money? Do you ever feel like you’re playing a rigged game? A game that’s set up for them to win and for you to lose? Find out how you can develop a strategy that would prevent you from ever losing money ever again!
We all know the death benefit when it comes to life insurance policies, but how would you like to become the beneficiary of your own policy? Well, stick around to the end of this video, because we’re going to show you how to take advantage of the living benefits of life insurance.
Are you thinking about taking a policy loan but aren’t quite sure how it works? We’re going to show you the pros and cons and exactly how policy loans work!
Do you make a great income, but still can’t seem to get ahead financially? Are you doing all the right things, paying cash for purchases, keeping your debt at a minimum and saving as much as you can for your future, but still feel like you’re living paycheck to paycheck? Well, stick around to the end of this video, because we’re going to pull back the curtain on conventional wisdom and show you exactly why you can’t seem to get ahead.
Have you ever had the thought “if only I could earn some more income, then I could finally reach my financial goals.” We’re going to show you why it’s not your income that’s holding you back and how some simple shifts in how you’re using your money can help you reach financial freedom.
We all make, earn and use money but have you ever really thought about how money works in your life? We’ll show you how to put money to work for you rather than having you working for money!
Have you ever felt like you’re doing all the right things financially, but you still can’t seem to get ahead because every time you need access to money, you need to borrow? We’re going to show you exactly how our approach is different from traditional financial planning.
We’ve all heard of inflation, but have you considered the impact inflation is having on your ability to get ahead financially? We’re going to show you exactly how much inflation can hinder your ability to reach financial freedom.
For every dollar that goes through our hands, we could only make two choices with it. We can either save it or spend it. Opportunity cost is the potential future value of your spent money. While others may tell you to chase rate of return, we’ll show you why opportunity cost is how you should be thinking!
Do you think earning compound interest on your money is a good thing or a bad thing? If earning compound interest is a good thing, when would you want to start, as soon as possible? And if you want to start as soon as possible, when would you want to stop? Never. Watch to the end to find out how you can make compound interest work for you!
Are you thinking about paying off debt? Did you know that the average American household now carries over $137,000 in debt? Also in a recent survey, it was found that the average American households spends 34.5% of their after-tax income, just to pay their debt. If you’re working that hard just to pay off your debt, how in the world are you going to be able to save? Watch to the end of this video to find out how you can make your money work for you
Brian Peters interviews Tim Yurek about why he is so passionate about his clients and why his approach to money is different than the other guys. Tim dives in to what mistakes his clients are making and how they can turn their life around!
You have heard of inflation, but have you ever wondered how you can protect you and your family from its eroding effect? We are going to teach you exactly how the infinite banking concept can protect you from inflation. Inflation is the rise in price of goods and services and it reduces the purchasing power of our dollars. The problem is, the longer we hang onto our money, the less it can buy for us. This video will cover the 6 ways you can use Whole Life Insurance to protect yourself from the effects of inflation. These personal finance tips can help you regain control of your money.