In this final episode of the collaboration between Wade and Tarisa, they talk about the objections and misconceptions that come with the Infinite Banking Concept. They talk more about the difference between traditional banks and using your whole life policy to be your own banker. If you have reservations about IBC, this episode is for you. Tune in to get more clarity around becoming your own banker and the financial freedom you've dreamt of!

Episode Highlights 02:56 The safety of traditional banks vs life insurance companies 06:21 Thinking long range and avoiding short-sighted, risk-prone decisions that banks and companies make 09:50 Using the two vehicle sample in dealing with your policy 11:58 Difference between mutual insurance companies 15:03 Differentiating stock companies and mutual companies 17:38 The buy and sell concept 20:04 Contractual guarantee insurance policies can provide against borrowing capital 26:01 The power of having ready cash or liquid assets which not only solves problems but also maintains control over personal finance

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Tarisa Shelton
• https://www.factumfinancial.com/the-team/
• https://www.youtube.com/watch?v=Q99YuFDhzpU   

Continuing this series with Wade and Tarisa, today, they talk about the journey that is IBC. It's about changing the rest of your life and how you go about that change. Not everyone's journey is going to look the same. We are driven by different goals and values but ultimately want the same financial freedom and control in our lives. Tune it to part three to hear more about the steps to start your journey and some of the questions you should be asking yourself along the way.

Episode Highlights 00:50 The journey and evolution of thought in personal financing 02:50 Sharing the message with others and assisting them in understanding the process 5:23 When is the best time to get started 09:16 Multiple policies as a lifelong journey 10:09 The importance of sustainable growth 10:58 Metaphor of planting seeds and harvesting 14:15 Poor families and conditioned thinking 18:13 The implications of the aforementioned scenario are further evaluated, thus emphasizing the importance of profit-taking 19:50 Tarisa speaks about a mental exercise she usually walks people through, showcasing the potential of all the money a person has earned and spent throughout their life 21:24 The practical application of IBC and how to model success by understanding banking principles on a personal level 23:18 The concept of owning the loan portfolio for increased profitability and its importance in creating a passive income stream 23:46 The potential profitability of owning the access to cash and welcoming the role of a financier for family or business

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Tarisa Shelton
• https://www.factumfinancial.com/the-team/
• https://www.youtube.com/watch?v=Q99YuFDhzpU   

For part two of this series, Wade and Tarisa discuss the client; who is the person coming to her and wanting to learn more? She often finds people are wanting more out of the financial part of their life which in turn leads them to wanting more out of life. Are they achieving their dreams and goals? How can IBC help them get further ahead and take more control? Take a listen today to see if you should be having a conversation about IBC!

Episode Highlights 02:05 Tarisa's love for discussing financial matters with people who are always learning and value personal and financial growth 09:04 The characteristics of people Tarisa enjoys connecting with 12:15 The importance of living your life for the benefit of others 16:18 The concept of infinite banking 22:57 The idea of thinking like a bank and taking over the banking function in one's life 25:10 How the banking industry benefits from people willingly depositing their money 26:53 Why you should read Nelson's book and start joining in on these types of financial discussions

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Tarisa Shelton
• https://www.factumfinancial.com/the-team/
• https://www.youtube.com/watch?v=Q99YuFDhzpU   

Fellow IBC Practitioner Tarisa Shelton joins Wade today (and over the next few episodes) to share her journey into IBC. She shares about her past and watching her parents take the traditional finance route and how that affected their lives. Moving forward for herself, she wanted to learn how to better her financial success. This is when she learned about IBC. Tune in to listen to how easy it is to get started towards a better banking function in your life and the impact it will have on you, your family members, and other generations.

Episode Highlights 02:27 Tarisa opens up about how her father's sickness and the financial implication affected her views on financial systems 04:31 Her hard work in college and her time teaching English in Korea 09:12 How she started implementing her newfound financial plan 12:18 Difference between passion and purpose 15:51 How financial planning should include contingencies for when things don't go as planned 18:15 Why we usually think like consumers instead of business owners or bankers when it comes to our finances 20:23 The importance of being curious and asking questions early about finances 23:46 Peace of mind in regards to finances is priceless

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Tarisa Shelton
• https://www.factumfinancial.com/the-team/
• https://www.youtube.com/watch?v=Q99YuFDhzpU   

Sage Wealth Strategy was built on the desire to help clients take control of their financial future through education and empowerment. Rather than trying to sell just another financial product, we teach them new processes for managing their money. Listen in to hear about the five-step process to help you truly understand your current financial situation then schedule a call with us to create a strategy to reach your goals!

Episode Highlights 00:17 The importance of understanding the process of personal finance 01:05 The four steps to solving financial problems 02:14 Accepting the same results as everyone else is not always the best approach 03:20 Asking yourself who is truly in control of your financial decisions 04:23 Recognize the unseen costs associated with financial strategies 07:39 Understanding your Why 08:19 The importance of creating a long-term impact through generational planning and knowledge-sharing

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]  

With recent changes to tax laws, many Americans found themselves with much smaller tax refunds than they anticipated. Most chalk it up to the belief, “that’s just the way government and taxes work,” others are more upset. Believing the government is out to rob you of your hard-earned money is a limiting mindset. In reality, the government wants you to reduce your taxes. Reducing your taxes may sound complicated but it doesn’t have to be. The key is to understand how you can take advantage of the legal options available to you. Schedule a call with us to help develop a strategy that aligns with your goals and values

Episode Highlights 00:17 The government wants you to reduce your taxes as a way to influence behavior 01:24 The majority of the tax code is designed to save you money through deductions and other means 02:16 How the tax code is used to incentivize behavior, such as investing in housing, to benefit society. 03:40 Charitable donations and using them as deductions, government encouragement 04:50 Using properly structured whole life insurance as a tax-advantaged strategy.

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]  

Do you have an estate tax problem? Most people say no. And they are right, you may not have one today, but you could in the future. If you haven’t heard about the Sunset Provision? This could impact the amount of taxes your loved ones have to pay after your death. Tune in to hear more about how to protect your assets from this wealth destroyer.

Episode Highlights 00:48 The sunset provision in the 2018 Tax Cut and Jobs Act 02:16 How estate tax exemptions will change in 2026 and potential consequences 04:34 Possibility of exemption limit being cut in half in 2026 and planning for the future 06:15 Gifting strategies and using trusts or family limited partnerships 07:15 Importance of having conversations and planning ahead for tax changes

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]  

When most people think of planning for the future, their first thought relates to saving for retirement. While retirement planning is an important piece of the puzzle, many don’t think beyond their early retirement years. Though often overlooked, preparing for long-term care is a necessary part of aging. Don’t Go Broke in the Nursing Home provides readers with an outside the box approach to preparing for long-term care. Schedule a call with us to make sure you're adequately prepared and protecting your assets.

Episode Highlights 00:50 The financial struggles of Wade’s family  01:34 The importance of having conversations about money 02:24 After college, Wade decides to pursue a career in the insurance industry where he feels he can make a significant impact 03:20 How Wade met R. Nelson Nash and learned about infinite banking which changed his mindset about finances 06:13 Principles for prosperity starting with the importance of thinking and mindset 07:22 Seeing the big picture and envisioning where you want to go 08:20 Money and net worth: Don't hoard or hold onto it, put it to work 09:00 Take control of your finances and understand the importance of moving and growing your mindset 10:15 To multiply and leverage people to help achieve more together

Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/   [email protected]  

Today, Wade is celebrating his 100th episode with Mike Brevik from Cyberdogz Marketing. During their conversation Wade shares what he's learned in this process, how having a podcast has impacted his business, and the added value it's brought to not only his clients but also his listeners. Here's to the next 100 episodes!

Episode Highlights 00:50 How the podcast began and its journey so far, focusing on empowering listeners to take control of their money and personal financing system 02:24 The podcast's role as a calibration process for Wade Borth's brand and guiding principles 04:42 Stories of clients and non-clients who have been impacted by the podcast and how it has helped reinforce or expand their understanding of concepts 07:45 How guest interviews have influenced and evolved Wade Borth's approach to discussing his message and ideas 10:55 Favorite podcast episodes with guests like Mary Jo Irmen, Monty Flack, and the series on Becoming Your Own Banker. 15:14  - Plans for future podcast episodes, focusing on empowering people to reach their maximum potential and align their values with their actions.Highlights and timestamps: 18:22 The importance of having an open mind and searching for better ways to handle personal finances. 19:15 Wade Borth's journey to learn about the Infinite Banking Concept and connecting with Nelson Nash. 22:21 The power of sharing personal stories and experiences to resonate with listeners and attract like-minded people. 23:55 Emphasizing the importance of knowing one's "why" and aligning values within long-term relationships. 27:21 Lessons learned from producing 99 podcast episodes, including active listening and refining the message. 31:02 The importance of being genuine and connecting with listeners in podcasting. 35:14 Recognizing that personal growth and understanding is not a linear process. 34:26 Celebrating the milestone of 100 episodes and expressing gratitude to the listeners. 36:32 Acknowledging the commitment required to maintain a podcast alongside business and personal responsibilities.

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]
• Connect with Mike Brevik
• https://www.cyberdogzmarketing.com/
• https://www.linkedin.com/in/michaelbrevik 

They say actions speak louder than words and that’s true for money management too. Rather than listening to what banks and wealthy people say they’re doing, we should be observing how they really spend and store their money. Listen in to hear how putting your money in motion will build and grow your wealth.

Episode Highlights 01:08 Money is like water and there is one pool of money in the world, similar to how there's one pool of water 01:56 The power of flowing money, compared to the power of flowing water 02:13 Stagnant money loses value to inflation, taxes, and fees 03:03 Banks put money to work and make it flow to generate revenue 03:29 Putting ourselves in the position of being the banker and making money flow 04:19 Storing money for a long time without purpose can lead to stagnation and loss 04:46 Generating wealth by having a flow of money, similar to water generating power through flow

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]