In this powerful episode, Wade Borth welcomes back David Zapata to introduce the Tough Money Mastery series—starting with the foundational idea of building your own family banking system. They unpack the principles behind Factum Tough Money, explore the importance of saving with intention, and show how you can reclaim control of your financial future. Whether you're leading a family, building a business, or simply want to get smarter with your money, this episode lays the groundwork for financial clarity, intergenerational wealth, and creating a system that supports long-term abundance.

 

Episode Highlights

01:08 - Impact of family financial principles.

02:59 - The flow of money.

05:45 - Importance of financial education.

07:00 - Becoming the author of your financial plan.

09:13 - Individual vision for financial outcomes.

09:53 - Leadership in family finances.

10:28 - Four main discussion topics for the episode.

11:30 - Building a family banking system.

12:44 - Keeping a million dollars in control for vehicle financing.

13:50 - Sourcing debt as a family.

14:44 - Charitable donations for family legacy.

16:10 - Empowerment through education.

17:07 - Proper sequence in financial decisions.

18:28 - Role of whole life insurance in financial planning.

19:35 - Importance of interdependence in family finances.

22:36 - Family banking business in practice.

26:34 - Rules for family financial operations.

28:36 - Vehicle financing strategies for families.

31:52 - Opportunity cost in financial decisions.

34:50 - Flexibility and control in financing within a family.

37:16 - Legacy giving through life insurance benefits.

45:11 - Preparing children for financial independence.

47:07 - Flexibility of loan provisions in family banking.

 

Episode Resources

• Connect with Wade Borth

• https://www.sagewealthstrategy.com/ 

• [email protected]

• Connect with David Zapata

• [email protected]