Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

Today we chart some waters that we haven’t voyaged much here on this channel and that is in the areas of business structure, managing taxes depending on what type of structure your business is, and whether or not you should consider borrowing to fund equipment for your business!

Time Stamps:
1:17 – What are the different types of partnerships?
6:09 – A business partner is getting hit much harder in taxes; why might that be?
8:00 – Garrett’s Tax Framework
12:30 – Does it make sense to borrow to purchase equipment for my business?

***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do? - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

One of the most frequent questions that I get asked is “Should I pay off my loans or invest?" In today’s Money Matters segment of the Wealth Labs Podcast Dale Clarke and I answer this question and show you how not to miss out on the opportunity to let your money grow while paying off loans!

***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

In today’s Ask The Money Nerds segment of the Wealth Labs Podcast, we are taking a look at the business owner side of Cash Flow Banking, benefits and compensation. As an employer, what kind of plans could you be implementing to truly help the financial wellness of your employees and create a productive environment!

Time Stamps:
1:03 – Is it an option to obtain Cash Flow Insurance for your employees through your business?
3:16 – What are the benefits to the employee?
4:45 – Can Cash Flow Banking be an alternative to offering your employee’s a 401k?
7:00 – Alternative ways to support your employees, rather than offering a 401k.
9:00 – What’s your currency?

***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

We're having a lot of fun talking about 401k’s on this week's episode of Ask The Money Nerds. Garrett, Amanda and Ryan's banter will keep you entertained, as they dive deep into weeds of your questions about 401k distributions and cash outs and the financial lingo that is often confusing.

Time Stamps:
1:40 - How distributions from a 401k affect student loan payments
3:30 - I have a 401k and am thinking about rolling it over, any thoughts on what I should do with it?
9:40 - When someone is ready to cash out of a 401k, what does that process look like?
12:50 - Things a 71 Year Old who is looking to start withdrawing from her 401k should consider.
16:20 - Different provisions for cashing out of a 401k
23:40 - What is a Money Market account?

***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Get Your Copy of What Would The Rockefeller’s Do? by visiting - http://FreeWWRD.com

In today’s Money Matters segment of the wealth labs podcast, Dale Clark and Garrett are back to talk about the fundamentals of Cash Flow Banking. Learn how to fund these policies, and how to utilize them throughout your life to cut out the banks and get a better rate of return on your cash!
***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

On today’s Ask The Money Nerd episode of the Wealth Labs podcast, we are going over Garrett’s "Never Fail Me" strategy, the Rockefeller Method. Tune in as we answer some of your questions around this concept and some insights on how to implement this strategy!

Time Stamps:
1:00 - How to get your family on board with creating a Family Bank
3:00 - What does “buying your net worth” mean?
4:50 - Get your copy of, What Would the Rockefeller Do? at http://Freewwrd.com
7:15 - Are there any contracts needed in order to make sure the system works?
11:11 - When is a family ready to initiate a Family Bank?
11:38 - When does it make sense to do Corporate Owned Life Insurance?
13:10 - What kind of Insurance companies should you look for
15:15 - Have you ever worked with someone that has tried to incorporate siblings into their family bank?

***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

On today’s Ask The Money Nerd segment, we go deep into some of the most frequent questions we have been getting on 401k plans such as: Do I maximize my employers match? Should I be funding a 401k? How do I get out of my plan and what are my options? All this and some great examples in today's episode, enjoy!

Time Stamps:
1:30 – Should I be funding my 401k above and beyond the Employer match or should I be doing something else with this money?
10:27 – How do you figure out what kind of fees are in your 401k?
12:00 – What should you do in the transition period if you are considering not funding your 401k?
16:30 – If I want to liquidate my 401k, how can I do that?
21:30 – Opportunities for Tax Offsets when liquidating a 401k/IRA
26:30 – Why it is generally NOT recommended to own real estate within an IRA or 401K
***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

This week, Tim Cardon and Garrett are going to look at the opposite side of the cashflow index coin and go deep into the Investment Index. This is how the banks evaluate their investments, so why aren't we evaluating them the same way? Enjoy this week's episode of the Money Matters Segment of the Wealth Labs Podcast!

0:30 - How we are told to think about investments
2:00 - What is arbitrage
3:35 - Comparing the Cashflow Index to the Investment Index
5:58 - How to determine your investment index
9:10 - How the banks protect their investments
***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Want to get your financial questions answers? Submit your questions at https://askthemoneynerds.com to get your questions answered on an upcoming episode!

Today's Ask the Money Nerds segment is all about your questions on investments, that is why we have brought in our resident investment adviser Ryan O'Shea. Listen in as we discuss about trailing stop losses, what to do with IRA & 401ks, and where to put your extra money.

Time stamps:
1:30 - and I set up a trailing stop loss with low cost index funds through Vanguard for my IRA or HSA
4:00 - Should I give my $150k IRA that is getting 1% interest to a financial adviser?
7:30 - should I take the money that is left over to invest into my business or pay off my house in full?

***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!
Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

On this week's Money Matters Segment of the Wealth Labs Podcast, Tim Cardon and Garrett go over how to utilize the Cash Flow Index strategy to pay off your loans. You will not want to miss today's episode if you're interested in learning about the optimal way to pay off your loans. This will help you each economic independence sooner!

Time Stamps:
1:59 - What is the Cash Flow Index?
3:20 - The shotgun approach to paying your loans off
4:30 - Example of using the Cashflow Index to pay off 5 loans
6:30 - The 90 Day debt delay strategy
8:28 - The importance of building savings & liquidity
10:00 - Debt to income ratio discussion
***
If you enjoy the podcast, consider leaving a short review on Apple Podcasts/iTunes for us. It takes less than 60 seconds, and it really makes a difference. I also love reading the reviews!

Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/

Connect with Garrett:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/