Are we really in a recession? Should people start worrying about what's happening in society right now?

Colton and Joel McGriff continue with their discussion of the topics of IBC and the generational IB Practice. They argue whether we are in a recession right now and if people should start worrying about the days to come. They also share the biggest things they are seeing in the market right now and what connection it has with insurances, policies, and managing your financial capabilities. Colton and Joel discuss how the banks operate and how you can implement them in your own business and why you should not be afraid to capitalize.

Highlights:

• What is going on in society now: Are we in a recession?
• What is the biggest thing that Joel sees right now in the market
• Why Walmart issued lower profit estimates
• What a recession is
• What happens when the death benefit comes from the first policies on the first generation
• How the banks operate that you can implement in your own business
• How a family can benefit from IBC being implemented for the second generation
• Why you should not be afraid to capitalize Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

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If you are in debt, should you still continue investing and putting your money into life insurance?

Colton and Joel McGriff continue with their discussion of the topics of IBC, infinite banking, and the teachings of R. Nelson Nash. Together, they talk about how the book and the author argue why you should start getting out of debt now. They also share their stand on the limit of your financial capabilities, especially if you have other money obligations. Colton and Joel discuss how insurance can help resolve your issues with your finances, but the biggest step should start with YOU.

Highlights:

• How to start if you're currently in a certain amount of debt
• Why should you start right away
• When the best way is to get out of debt
• Is there a limit to your financial capabilities?
• What the power of coaching is and why do we need it
• What the steps of IBC are
• To learn the basics of financial literacy, what are your two jobs? Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Is it easy, even for beginners, to start practicing the concept of infinite banking?

Continuing with their discussion from the previous episode, Colton and Joel carry on the topics of IBC and infinite banking. They talk about how and why inflation happens and who can fix it. Colton and Joel also share how insurance can help solve the problem of inflation, as well as the reason why big names in the financial and business worlds want to have their own insurance companies.

Highlights:

• What concept of IBC is
• What happens when you stop asking "why"
• How inflation happens and who can fix it
• How to utilize insurance as the solution to the problem
• The reason why big names in the financial world wants to own an insurance company
• Why they are trying to spread awareness of the mechanics that will allow them to do two things at once
• The best thing to impart on anybody who wants to know what infinite banking is Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

As more and more people are getting familiar with the concept of infinite banking, it is important to know the basics.

To give the listeners a glimpse behind the concept, Colton and Joel McGriff introduce what infinite banking really is. They talk about how they began with the practice, as well as how beginners should get started with it, by learning from their experiences. Colton and Joel also share the common practices and the tool of infinite banking that can help you become your own bank.

Highlights:

• What excites Joel in traveling in Birmingham
• The reason behind getting a dog coach
• What infinite banking is
• The way that typical financial planning or typical finance is done
• The common practice before making a major purchase
• The tool of infinite banking to help you become your own banker Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Are you already out of your comfort zone? Or are you letting fear take over all the time?

Colton and Joel McGriff continue to the tenth part of talking about the book: Becoming Your Own Banker. Together, they talk about how the book and the author stand the test of time by teaching applicable stories of the market flow.

How do we become bankers that understand what's going on behind the curtains? To become one, you must spend your time wisely and know your why in the business.

Highlights:

• Stretching imaginations out for business: What is equipment financing?
• The capitalization period
• Breaking away from fear and going out of your comfort zone
• Benefits of 10-hour seminar and plan implementation
• Having varied investments
• Using your banking system
• How the book and Nelson surpass the test of time Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen:

• Subscribe on Apple Podcasts
• Follow on Spotify
• Listen on Stitcher

What factors influence your purchase decisions? Is your spending behavior different when it comes to buying your daily needs versus your insurance, your house, and other properties?

Colton and Joel McGriff continue to the ninth part of talking about the book: Becoming Your Own Banker. Together, they talk about how most people usually decide on making their purchases. They also discuss the differences between leasing, banking, and CD methods. Colton and Joel also mentioned their favorite parts and quotes from the book.

Should you take the risk to get a better return? It's up to you. You have to be the master of your own financial decisions.

Highlights:

• What Colton and Joel think about when they look back at the book and keep rereading it
• The first thing that you see when you're looking at the expenses of the average American household
• Isolation as an investment decision
• The difference between the leasing, the banking, and the CD methods.
• How you can start financing your own Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Do you believe that your reality is the truth? Are you sure you have the proper perspective on the current happenings?

In this episode, Colton and Joel McGriff play a fact or crap game to pick up where they left off in their last episodes about inflation. They will try to tell whether the media releases facts or crap statements regarding inflation. Topics regarding the conflict between Russia and Ukraine and its economic implications are also part of their discussion. Inflation, in our perspective, is negatively affecting lives.

Yet, little did we know that our reaction to the dollar's devaluation depends on the amount of control we have over the banking function in our lives. Tune in to learn more about figuring out ways to look out for opportunities.

Highlights:

• The truths behind media information on inflation
• Global economic implications of Russia-Ukraine war
• What indeed causes inflation nowadays
• How to take control of your life by establishing a personal banking system
• How inflation affects both rich and the poor

Resources and Links: https://www.themcgriffalliance.com [email protected] [email protected] [email protected] Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

What's the situation of inflation like in the past? Did the government show support to its people?

This episode is like a blast from the past as Colton and Joel McGriff talk about Joel's experience with inflation back in the day. He narrates the situation of how it is like living in the past where the money's value is really low, no matter which part of the world you are in. Joel also mentions how the government dealt with inflation. This episode also clarifies the infinite banking system and the importance of understanding the issue: If you understand the problem, you'll know what to do.

Highlights:

• History always repeats itself if you don't learn it. - 0:23
• Is inflation calculated lower so it won't seem as bad as it really is? - 1:39
• Realization about inflation: Joel's experience back in the day. - 2:51
• What is Joel referring to as other nations and why are they a big deal? - 4:57
• The Volcker moment. - 8:47
• During inflation, if all the money is going to interest payments and entitlements, where does the money come from? - 10:31
• There's not a perfect solution. - 14:11
• It's a lot easier to stick to your guns today in terms of being in the infinite banking system. - 14:39
• The infinite banking concept. - 15:37
• If you understand the problem, you'll know what to do. - 17:53 Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen:

• Subscribe on Apple Podcasts
• Follow on Spotify
• Listen on Stitcher

As inflation rises, the value of money diminishes quickly. You would need to pay more for the goods and services you're getting. But how does inflation affect you?

In this solo episode, Colton talks about a very important topic: Inflation. He discusses the meaning and the concept behind the topic and why it happens. He also shares how the Austrian economic thinkers treat inflation, banking, and insurance. This episode addresses the importance of pre-planning and why we should follow the examples set by the Austrians.

Highlights:

• The main topic of today's episode: Inflation. - 0:23
• How do you define inflation? - 2:32
• The definition of quantitative easing. - 3:05
• Why does inflation happen? What is it? How can we solve that? - 6:07
• Actionable items from Nelson about life insurance. - 10:16
• Why should you treat banking and insurance like Austrian economic thinkers? - 12:45
• Pre-planning how to handle macro events. - 16:24
• What to expect in the next podcast? - 16:56 Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

A lot of people have been misinformed about insurance. Before buying one, it is vital to understand its value and purpose.

Colton and Joel McGriff proceed to part eight of Becoming Your Own Banker. They discuss the overview of how insurance works. Many people have been told that an insurance policy is a must-have. To increase the demand, the industry and some financial advisors flood countless bits of misleading information. This episode addresses the wrong notions about insurance, the different types of insurance policies, and the process of building a solid banking system.

Highlights:

• Life Expectancy and The Mortality Table - 0:57
• A solid system - 2:25
• Infinite bank concept way of cash storage vs. buying a savings accounts - 3:58
• The paradigm shift: replacing the wrong connotations about insurance - 5:10
• The disconnection, the banking function, and death benefits as a bonus - 7:18
• The hold-up: the constant stream of misinformation from the industry - 9:52
• Different types of policy you can buy - 11:00
• Modified Endowment Contract (MEC) Line - 12:16
• Benefits of a paid-up additions rider - 13:27
• Two parts of insurance contract - 14:16
• Changing the mindset on insurance premiums - 15:42
• Connect with companies that are mutual for years already - 17:07 Resources and Links:
• https://www.themcgriffalliance.com
• [email protected]
• [email protected]
• [email protected]
• Phone: 205-991-4448

FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here

How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher