"Banking on Yourself" --- Why is it gaining traction? What can it truly offer to your financial planning?

Join me as Mark Willis, a Certified Financial Planner and leading authority on this concept, reveals how you can use whole life insurance policies not just for assurance, but as a dynamic tool for building wealth.

How can this strategy help you save for retirement or your next car, or even your children's education? Discover the unique benefits and applications of banking on yourself with Mark Willis, and explore how you can take control of your financial future today.

Anna's Takeaways:

• Intro (00:00)
• Saving And Recapturing Interest (02:01)
• Personal Finance And Retirement Planning (06:49)
• Using Whole Life Insurance As A Banking System (12:17)
• Life Insurance Benefits And Tax Advantages (15:42)
• Using Life Insurance Policies As Investment Buckets (21:54)
• No Credit Check Or Repayment Plan (27:29)
• Personal Banking System (30:35)
• Investment Vehicle (35:35)

Meet Mark Willis:

Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy and your future. 

Mark is a CERTIFIED FINANCIAL PLANNER™, a three-time #1 Best Selling Author and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in real estate, paying for college without going broke, and creating an income in retirement you will not outlive.  Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and create tax-free income in retirement

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Money Boss Parents! Welcome to Anna's Money Boss Parent podcast, your go-to resource for mastering money management while raising a family.

Join me as we explore practical tips, expert insights, and inspiring stories to help you achieve financial success and create a brighter future for your loved ones.

Don't forget to subscribe, rate, and review the show to support our mission of empowering parents like you to take charge of their finances and build a prosperous life for their families. Let's thrive together on this incredible journey!

FREE GUIDE- Kid Money Boss: School isn’t teaching my son about Money. It’s up to us Parents. Here are 9 tools I am using to team my son, everything I never learned as a kid.

Guest Websites:

Lake Growth Financial Services: https://lakegrowth.com/

Not Your Average Financial Podcast: https://nyafinancialpodcast.com/

YouTube: https://www.youtube.com/channel/UCw-DvhKT2EaPFdncLy39LIQ

LinkedIn: https://www.linkedin.com/in/marklakegrowth/

Twitter:https://twitter.com/LakeGrowth

Facebook: https://www.facebook.com/lakegrowth

Instagram: https://www.instagram.com/notyouraveragefinancial/