Joining host Kyle Fuller again today is Wade Borth as they explore the importance of financial awareness and how it can lead to abundance in all aspects of life. Discover how the Factum Financial's Wealth Scorecard can help you gain clarity on your financial journey, identify areas for improvement, and take intentional steps towards financial success. Learn how the Factum community can accelerate your financial growth by sharing insights and experiences. Tune in and unlock the secrets to financial abundance with Factum Financial.

Highlights 01:41 - The argument that all financial decisions start with the individual and their mentality, leading to the hosts handing the discussion over to the audience. 06:33 - Explanation that the scorecard aids in becoming more intentional about future financial endeavors, and assistance in identifying areas of weakness. 15:19 - The importance of using the wealth scorecards alongside the specific knowledge and guidance of a wealth strategist. 19:42 - Host argues the most vital part of seminars is the community aspect, emphasizing how shared group experiences often result in the best ideas, with value derived from shared experiences. 21:12 - Introduces abundant content, from podcasts to videos, available for consumption by attendees to help them on their journey. 21:47 - Guidance given on steps to take if an individual wants to join the community, directions to contact Factum Financial through their website, and the potential benefits of attending a wealth seminar. 22:32 - Suggestions to ask about the wealth scorecard and how it is used, along with how you can get recommendations for professional contacts.

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Wade Borth
• [email protected]

Join guest host Wade Borth, a seasoned wealth strategist, as he explores the world of wealth strategies and financial empowerment by breaking down the myths and misconceptions surrounding them. Discover how to make your wealth circle grow and expand without necessarily taking on higher risks or making massive investments. Wade shares insights on eliminating wealth transfers and plugging the holes in your financial bucket to keep more of what you earn. Whether a business owner or an individual seeking financial growth, this podcast will empower you with the knowledge to take control of your money and secure your financial future!

Highlights 01:18 Rethinking wealth growth through different ways other than risking more 02:18 The importance of reducing wealth transfers and enhancing financial awareness 04:13 Wealth transfers using examples like mortgages 05:45 The subject of taxes and the need for tax strategists 06:20 Issues of college funding and its impact on wealth transfer 08:50 The importance of protection to prevent wealth transfer 10:53 Addressing major purchases and their role in wealth transfer 12:49 Importance of keeping control over your own dollars 13:42 How to grow your circle of wealth through awareness of transfers

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Wade Borth
• [email protected]

Today, Kyle is joined by special guest and brother Joe Fuller as they discuss the importance of creating a future family letter—a document that instills beliefs, values, and principles around money to ensure wealth and legacy preservation for future generations. They share their journey in crafting this essential document, emphasizing its significance in building a family banking system. Join them to discover how a future family letter can secure a lasting legacy.

Highlights 05:31 Discussion on the concept of family office and its application in the Rockefellers and Rothschilds families. 10:22 Discussion on the concept of shirt sleeves to shirt sleeves and the pitfalls of not passing down financial knowledge. 16:03 Stress on the importance of defining what behaviors a family will and won't tolerate for future generations. 20:02 Consideration of the idea that not all children will want to follow in their parents' business steps, but they still need financial education. 21:44 Commentary on the difference between wealth and riches, emphasizing the importance of understanding how money works. 26:57 Discussion on the common issue of family divides caused by inheritance disputes and the role of education in preventing these situations. 28:05 Examination of the role of contracts, values, and relationships in lending money to family members. 30:31 Acknowledgment of the need for long-range financial planning for the sustained wealth of future generations. 31:26 Recalling the importance of long-range thinking in wealth accumulation, as proposed by Nelson Nash. 32:20 Discussion on the role of long-range thinking and mindset in the legacy-building process. 33:57 Highlighting the importance of preparing future generations for financial and leadership obligations.

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Joe Fuller
• https://www.factumfinancial.com/the-team/

In today's Beat The Banks episode, Kyle is joined by fellow agent David Zapata where they talk about the Factum Wealth Scorecard. They discussed how this tool has been a game-changer for them as agents, their clients, and their colleagues, and how it directly relates to our wealth pyramid framework. Tune in to this exciting conversation as they explore how this scorecard empowers individuals to think, make informed financial decisions, and create a more secure and prosperous future. Don't miss out on the insights and strategies that can transform your relationship with money and put you on the path to financial success

Highlights 01:43 The impact of their financial tools on various aspects of life 02:38 How their approach, focusing on education rather than selling, has resulted in high renewal rates 05:19 The importance of implementation over education 07:12 Building a strong financial foundation 09:19 The pitfalls of being thrust into the investment world without proper financial education 11:26 Questions on their scorecard: The importance of investing in personal growth 17:18 Adopting a growth mindset 20:26 The value of learning financial strategies early in life and growth accumulated over time 25:37 Perception of whole life insurance and its benefits beyond being an investment 31:49 How the scorecard can help implement the right habits for financial growth 37:49 How some clients can complete the scorecard in as little as six months, while others take three to five years 41:04 Personal experiences on how the wealth scorecard and financial literacy lead to peace of mind and confidence in the face of uncertainty 43:25 How having financial certainty and control positively affects other areas of life like spirituality, personal, family, and occupation.

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with David Zapata
• https://www.linkedin.com/in/bydavidazapata/

Today's episode, guest host Wade Borth dives into a comparison between traditional bank loans and a unique financial strategy known as Infinite Banking. He explores the key differences and advantages of borrowing against your whole life insurance policy using the Infinite Banking strategy - everything from who you're borrowing from and approval requirements to repayment terms, privacy, and ownership collateral. If you've ever wondered about a smarter way to manage your finances and financing needs, this episode is a must-listen.

Highlights 01:30 Key characteristics of typical lending versus whole life lending 03:26 The relatively easy requirements for approval when borrowing against a whole life policy 07:36 Benefits of whole life policy loans 08:50 Unrestricted use of whole life policy loans compared to traditional loans that typically require disclosure of the loan purpose 09:56 Potential consequences of non-repayment of loans 13:33 The importance of maintaining control over your business's finances 15:19 The infinite banking concept for anyone who has experienced uncertainty or discomfort when obtaining a traditional loan

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Wade Borth
• https://www.linkedin.com/in/wade-borth-43121542/

Joining Kyle today is Factum's Chief of Insurance Relations and Head of Coaching - Wade Borth. Together, they explore what Infinite Banking truly is, debunking common misconceptions, and highlighting the importance of the right mindset and proper education. Join them as they cut through the noise in the financial world and set the record straight on this powerful financial strategy. Don't miss out on this enlightening conversation that will change the way you think about money.

Highlights 01:05 Wade recognizes the amount of noise and confusion surrounding the concept of infinite banking on social media platforms 03:08 Reflecting on Wade's own misconceptions from the past and his current understanding based on the teachings from Nelson Nash Institute 05:21 Infinite Banking as a mindset 07:30 The need for individuals to maintain control of their financial systems 09:09 Four step process to eliminate the cracks in the system 13:15 Warning against various false claims in IBC 19:14 How you can see the money game permanently 20:39 IBC as a mindset, a process, not a sales tool or a marketing gimmick

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/

Guest host Wade Borth is joined by fellow agent David Zapata as they dive into the concept of life, liberty, and the pursuit of happiness, relating it to the holiday season and the American experience. They also discuss how John Locke's original idea of "life, liberty, and the pursuit of property" aligns with the pursuit of happiness through knowledge, skills, and ownership. Take a listen to this light-hearted and insightful conversation.

Highlights 01:13 The common understanding of 'property' as real estate, and as the product of mind and hand labor 03:16 Why so many people still desire to migrate to the U.S. despite its issues 05:33 The efforts of business owners who have come from challenging circumstances and continue to uplift communities 07:44 David's experience of moving to the United States and celebrating his first Thanksgiving 14:48 The parallel between life insurance and American values in terms of privacy 22:59 Nelson Nash's story who found financial solutions thanks to his life insurance policy during a major crisis 28:32 How contrary to popular belief, whole life insurance policies are written in favor of the policyholder, and it promotes value-building through American principles 30:54 The importance of being responsible in managing your personal property to attain maximum potential

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with David Zapata
• https://www.linkedin.com/in/bydavidazapata/
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/

In today's episode of Beat The Banks, Kyle Fuller is joined by special guest Steve Chader. In this episode, they discuss Steve's journey in real estate and how he discovered the power of infinite banking for creating multi-generational wealth. Join them as we explore the importance of understanding compound interest, leveraging real estate, and teaching financial education to future generations. Discover the secrets to financial success and the value of patience in achieving your financial goals.

Highlights 01:40 Where Steve got his philosophy and concept in real estate investing 04:38 His book "Hold" and his influence within the Keller Williams community through his coaching and programs 10:34 The concept of creating multi-generational wealth using tax-advantaged methods such as real estate and infinite banking 17:07 Insight into Steve's logic of replicating successful strategies of wealthy individuals, specifically owning a whole life policy 20:05 The parallel between the compounding effect in infinite banking and his real estate investment strategy involving tenants paying off mortgages over time 22:09 How Steve's family has caught on to the real estate investment bug and Steve's efforts to introduce insurance policies for every family member 25:55 The importance of choosing the right platform and the advantages of tax-free growth, tax-free conversion, a steady rate of return, liquidity, and stability in infinite banking 33:26 How investing in the stock market can often be misleading 41:14 His personal experience of property investment and how his journey has transformed with changes in his goals 45:40 The importance of having a clear investment strategy and knowing what to say 'yes' or 'no'

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Steve Chader
• https://www.kw.com/kw/agent/chader
• https://www.linkedin.com/in/stevechader

In today's episode of Beat The Banks, Kyle is joined again by fellow agent David Zapata where they delve into the fundamentals of wealth building and explore the world of investing and how unique it is to each individual. While the foundation for wealth building remains the same, the conversation around investing can be wildly different for each individual. Join Kyle and David as they navigate through the diverse visions for financial freedom and explore how investing can be a unique and personalized journey for each of us.

Highlights 02:33 The power and impact of money on realizing personal ideals and dreams, and how it is interconnected with all aspects of life 09:55 The process of setting a target and working backwards to achieve financial freedom 14:31 Importance of investing in oneself based on alignment, interest, focus, and expertise 19:40 Different midterm investments that can generate cash flow and create value for the investing individual or family over the course of one to 30 years 23:31 How some investments can ultimately create more hassle and noise than they're worth 25:13 Designing investing strategies to specifically minimize noise 26:48 How an individual's position or role in an investment opportunity 29:21 The overall advantages of having a clearly defined investment strategy that aligns with an individual's unique lifestyle and long-term financial goals

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with David Zapata
• https://www.linkedin.com/in/bydavidazapata/

Guest host Wade Borth provides a down-to-earth perspective on Infinite Banking and the importance of saving more of your dollars. He explores the role of whole life insurance as a tool for safety, security, and long-term financial benefits. Tune in to navigate and embrace a mindset of financial empowerment and join on the journey to Beat the Banks and achieve financial freedom!

Highlights 01:17 The search for financial abundance and challenging conditioned thinking 03:04 The ideal amount to save and a simple description of infinite banking 07:30 Why whole life insurance is a great savings vehicle 10:05 Criticism of the get-rich-quick schemes and the importance of understanding banking with a long-term perspective 11:03 The right purpose for the proper use of structured life insurance as a saving, not an investment 12:13 The importance of mindset, reaching financial goals and dreams, and having a liquid asset for opportunities

Episode Resources

• https://www.factumfinancial.com/
• https://www.factumfinancial.com/resources/#courses
• Connect with Kyle Fuller
• https://www.linkedin.com/in/kyle-fuller-9516311a9/
• https://factumfinancial.ac-page.com/book-appointment
• Connect with Wade Borth
• https://www.sagewealthstrategy.com/about-us/