In today's episode, Tom focuses on a topic centered around how Family Banking can be used all through life. He equates it to quarters/periods in a game and covers the first half of life. Tom breaks it down even further into quarter one (0-25 yrs) and quarter two (26-40 yrs). Stay tuned for Part 2 coming soon!

Highlights

• Why read the book, the Wealthy Garden
• How discomfort can help push you to your boundaries of achieving what you want
• What the purpose of family banking is
• When is the best time to get insurance
• When you should start teaching your kids about money and finances
• How you can use your money in life insurance as collateral Episode Resources
• Becoming Your Own Banker
• Richest Man In Babylon
• Rich Dad Poor Dad
• The Wealthy Gardener
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Today, Tom shares the concept of having adequate resources to impact the most important things in life. Unfortunately, there are a number of ways people are losing wealth that they don't know about or are unnecessary if they were open to new options. He walks through each of the core ones and provides a brief overview of them with some examples. Tom will be going more into them along the path of this podcast.

Highlights

• How watching his son play sports reminded Tom how important it is to develop the idea of teamwork and collaboration
• What resources you can use to become the best and impact as much as you can on this earth
• What the three buckets of wealth are
• How corporations are playing a big role in our world
• How you can reduce your expenses and keep more of the money moving and growing
• What inflation is
• What type of investment can benefit from inflation
• How using the family banking environment can help you leverage someone else's money and allow your mind to continue to grow
• What the six hidden wealth rotors are that impact your ability today to save and invest more

Episode Resources

• The Top Five Regrets of the Dying
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

In this episode, Tom is joined by Cash Flow Specialist, Bruce Wehner from e3wealth. Tom and Bruce discuss the importance of constantly growing and learning, thinking long-term for success (not instant gratification), taking responsibility/ownership for your actions, and entrepreneurship.

Highlights

• Guest Spotlight: Who Bruce Wehner is
• What the four processes are to communicate effectively
• Bruce's background and how he got started
• For Bruce, what is infinite banking and how can people benefit from it?
• Delayed gratification
• What you should be looking for in a financial institution
• Why is it a must to get life insurance?
• What motivated Bruce to find out how money works
• How slowing down can help you move forward
• How athletes and entertainers make the most money on average
• How to reach out to Bruce Episode Resources
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Bruce Wehner
• https://e3wealth.com/
• https://www.linkedin.com/in/bruce-wehner-5619b5a
• [email protected]

John Fortes, the founder of Supreme Equity Fund, joins the podcast as they talk about different ways to be successful in real estate investments. They talk about the different types of loan opportunities and how John was able to leverage his Whole Life Insurance policy, the Infinite Banking Concept, to expand his business. Tom and John believe investing in real estate is the more reliable way to start earning passive income. Listen now to learn more about the benefits of passive income and how to get started today.

Highlights

• Who is John Fortes
• How John got into real estate
• What Supreme Equity is
• The key things to know before getting started in investing in real estate
• How he used his 401k to invest in real estate
• What investing in something that John offers looks like
• How they apply tax breaks to their business
• What's the best way to reach out to John Episode Resources
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with John Fortes
• https://johnfortes.com/
• https://supremeequity.fund/
• [email protected]

What do you want other people to say to you when you're gone? What kind of life story would you like others to write about you?

For today's episode, Tom shares his insights and takeaways from the PEM summit he attended recently. He talks about the effective ways how you can spend more time with yourself and others. Tom also discusses the different steps on how you can create a legacy and impact other people's lives.

Highlights

• What the main themes of the conference are
• Effective ways on how you can spend time with yourself and with others
• How you can enhance the things you do at work, in your business, and in your family life
• What Tom's takeaways are from the conference
• What leverage is
• What you could do to give more time, more compassion and more time to others
• What are the two ways people die in life Episode Resources
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

I interviewed Bryan McCloskey from Revisionist Wealth and we chatted about some of the key challenges Americans are facing with retirement. We spoke about how the game changes in retirement and how taxes can have a big impact.

Highlights

• Who today's guest is
• How did Bryan get to specialize in the space of retirement
• What contributed to the statistics of 50% of people ages 55 to 65 having no savings for retirement
• The transition of focusing on accumulating wealth and creating income for retirement
• How you can build wealth that can help you in retirement without paying a large tax
• How you can use your income freely and pass it on to the next generation
• How Bryan helps his clients with their personal finances before their retirement
• Why investments are not the solution to everything in retirement
• What are the basic things to think about as you're building your wealth in preparation for retirement
• How to make retirement a bit less complicated
• How to reach Bryan Episode Resources
• The Wealthy Gardener
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Bryan McCloskey
• https://www.facebook.com/groups/973135963398734
• https://revisionistwealth.com/
• https://www.linkedin.com/in/bryanmccloskey

Building wealth is always a very interesting topic: It sparks debate between the get rich schemes to trading your time for money building your own businesses or engaging in trading and stocks.

But what really is the secret to building your wealth?

For today's episode, Tom explains the two paths we are on in our financial lives. He talks about how wealth works and what are the common challenges most people face once they start to reach for the maximum potential of their wealth. Tom also shares his secret about how he helps other people progress and build the wealth that they want for themselves and their families.

Highlights

• Tom's experiences growing up
• What the concept of offense versus defense means
• How The Parallel Paths concept works
• How wealth works
• Expectations vs Reality: What challenges you can face as you reach for the maximum potential of your wealth
• What the two different options are to make wealth work for you
• How Tom helps people experience and learn more about their financial life
• The foundational piece to progress and build the wealth you want for your family Episode Resources
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Interview with Gary Pinkerton from Paradigm Life. We discussed the concept of freedom as it relates to work/business and our personal finances.

Highlights

• Who Gary Pinkerton is
• His big goals in life
• How you can get freedom in this world
• What financial blackmail is and why people are suffering from it
• How Gary migrated from the Naval Academy to what he's doing today
• Why you should have control over your decisions
• While developing his own financial philosophy and mindset around things, what were the key points that he had and how did he find out how to do this better?
• The concepts in Patrick Donahue's book provide a fresher perspective about money and how to build it
• Defining it: The meaning of the point of maximum control and investment
• What he learned from working and dealing with entrepreneurs and business owners
• What he is invested in today
• What his focus is now
• The good things that can happen even during the recession
• How to reach out to Gary Episode Resources
• Becoming Your Own Banker
• Heads I Win, Tails You Lose
• https://paradigmlife.net/resources/97/hierarchy-of-wealth
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://perennialpride.com/resources/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Gary Pinkerton
• https://garypinkerton.com/
• https://garypinkerton.com/about/
• Gary's Gulch Podcast

Whether you have a business or you're working for one, no matter how big or small it is, cash is the lifeblood that pumps through the veins of that business. Profit is important, but having a positive cash flow is what keeps the business going and increases the company's value too.

And this applies to investing in yourself.

For today's episode, Tom shares his ideas on investing and creating cash flow after building your foundation of a family bank. He also talks about how you can start deploying your assets and the things that you can have more control over. Tom narrates the three big areas that you should consider and focus on not only to boost your productivity but also to give your business the legs to continue growing.

Highlights

• What Tom's father's impact professionally and personally
• What today's topics are about
• When we start building up our foundation of savings and protections for ourselves and our wealth, then how do we deploy those assets?
• What are the things that you can have more control over?
• What are the three big areas you should consider to boost your productivity and give your business the legs to continue to grow
• The benefits of direct ownership in real estate Episode Resources
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

I discuss the option of a family banking strategy (Infinite Banking) to establish a foundation for one's financial life.

Highlights

• How do we find the time to do all the things we want and to impact the things we want
• What the solution is when you're finding it difficult to find time
• How can you buy back more of your time through your resources
• What are the two biggest culprits why the money you're making is flying out the door
• How we can better utilize our resources to maximize our wealth?

Episode Resources

• Becoming Your Own Banker
• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA