The savings rate in the US has been going up a bit recently but it’s still lower than what it should be. Generally speaking, people aren’t saving enough money to have financial peace of mind. But when someone does save money there are a host of decisions to be made on how to keep that money. In this podcast we talk all things savings, how to save money and where to keep money you have saved. Resources: Life insurance policy sales and review McFieInsurance.com  Contact: Team@mcfieinsurance.com | 702-660-7000 2:51 Where to save your money 6:24 The problem with saving plans 8:45 What to look for in a savings plan 16:25 How to set up your finances 27:00 Why premium financing isn't used much right now 28:31 Earning a 66% return in whole life insurance Follow along: Instagram:  https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid;=OGQ5ZDc2ODk2ZA==    Facebook: https://www.facebook.com/profile.php?id=61554798231074   Watch On: YouTube: https://youtu.be/Mhw62bVjAf8  

How To Save Money | Episode 452

Wealth Talks podcast is an educational podcast that helps you build Wealth in all areas of your life. Increase your Financial IQ, develop personal growth, and create a lasting legacy all while getting exposed to the strategies that successful people are using. You’ll get actionable strategies and intelligence that you can immediately put to use to start creating real and lasting generational wealth. See more on our website: https://www.life-benefits.com/podcasts

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 The Richest Man in Babylon book has the reputation of being responsible for creating more millionaires than any other book in print. If that is the case, the advice in this book may be the best financial advice in the world.  The financial advice given in this book has many aspects. One of the most fundamental of these is the 10-20-70 Rule.  The powerful thing about the 10-20-70 rule is that no matter how much or how little money you make there is always 10%... 20%... and 70%. And it works on any scale.  Listen and discover how to apply this fundamental financial principal to your finances, and then watch how it transforms your life.   Resources:How to get a Whole Life Insurance Policy: Contact McFie Insurance 702-660-7000 | team@mcfieinsurance.com | https://mcfieinsurance.com/     Follow the Wealth Talks Podcast on:  Instagram:    https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid;=OGQ5ZDc2ODk2ZA==   Facebook:   https://www.facebook.com/profile.php?id=61554798231074     Listen to the Wealth Talks Podcast on:  Apple Podcasts:   https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163   Spotify:    https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8   Youtube Music:    https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

The Richest Man In Babylon Book | Episode 467

 In days gone by many private companies could offer pensions that would actually support someone financially in retirement, but those days are gone and so are the pensions.  The financial side of retirement is extremely uncertain, many mainstream retirement plans are mediocre at best and while the desire to retire persists among people, the financial challenges of retirement have increased.   The Financial Side of retirement can be better than the forecast looks, if you do something different than what most Americans are doing.    Watch this episode and start planning for a better retirement now.  Watch on YouTube: https://www.youtube.com/@wealth-talks-podcast  Follow the Wealth Talks Podcast on: Instagram:  https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid;=OGQ5ZDc2ODk2ZA==  Facebook: https://www.facebook.com/profile.php?id=61554798231074    Listen to the Wealth Talks Podcast on: Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163  Spotify:  https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8  Youtube Music:  https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu     

The Financial Side of Retirement | Episode 466

 Inflation is like a thief that never comes.   It is good to protect yourself from inflation in every way you can. The bible says that if the man of the house knew what time the thief was coming he would be on the alert and not let his house be broken into.   We know the thief is here, our duty is to protect our financial house to the best of our ability.   This episode of Wealth Talks Podcast is a timely episode for how to combat inflation in 2024.  Resources:  How to get a Whole Life Insurance Policy: Contact McFie Insurance 702-660-7000 | team@mcfieinsurance.com | https://mcfieinsurance.com/      Follow the Wealth Talks Podcast on: Instagram:  https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid;=OGQ5ZDc2ODk2ZA==  Facebook: https://www.facebook.com/profile.php?id=61554798231074     Listen to the Wealth Talks Podcast on:  Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163    Spotify:  https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8

Inflation 2024 | Episode 465

This is an example of how someone used the Infinite Banking Concept and the cash value of their life insurance to expand their welding and fabrication business. One of the owners of Brothers Fab Shop joins us in the studio to answer all our questions. We ask about: The expansion opportunity How to borrow from a policy Have they paid the loans back yet How has the expansion affected business and more This episode of Wealth Talks Podcast is a great episode for anyone who owns a business. This is how the Infinite Banking Concept can work for a business owner. Resources: How to get an Infinite Banking Policy:  Contact McFie Insurance 702-660-7000 | team@mcfieinsurance.com | www.mcfieinsurance.com Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid;=OGQ5ZDc2ODk2ZA==   Facebook: https://www.facebook.com/profile.php?id=61554798231074  Watch on YouTube: https://youtu.be/Z8XUZ825QP8 

Infinite Banking For Your Business | Episode 464

In this episode we review the numbers of the first Infinite Banking policy we bought. We have owned the policy for 18 years now so you could say it’s an adult policy now. Over the years, We have paid lots of premiums on this policy and we have also used policy loans against the cash value for many things. We go over all of it in this episode, episode 463, of The Wealth Talks Podcast. Resources:  2 Ways to pay the most hated tax in America: https://www.youtube.com/watch?v=dBG9Gk8lGTw   Get a good Infinite Banking policy for yourself:  https://mcfieinsurance.com/   702-660-7000 mailto: team@mcfieinsurance.com   Follow the Wealth Talks Podcast on: Instagram:  https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid;=OGQ5ZDc2ODk2ZA==    Facebook: https://www.facebook.com/profile.php?id=61554798231074   Watch on YouTube: https://youtu.be/iOb_5_It0b4

How To Save Money | Episode 452

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