Wealth On Main Street

Wealth Without Bay Street 184: Should I Use RRSP Matching? From the time Canadians land their first job, they're commonly directed to invest in the Registered Retirement Savings Plan (RRSP) as a savings strategy.  Interestingly, while it may seem that we're being nudged to place our money into this program by the people around us, the marketers, and the economic environment we live in – there's more to the story.  Depending on your income bracket, using the RRSP in connection with your employer's matching program might not be greatly advantageous. That's because you may actually end up incurring higher taxes, […]

Wealth Without Bay Street 183: Learn, Earn, and Build a Legacy with IBC We absolutely admire working with individuals who approach life with respect, have strong family values, an active mindset, eagerness to learn, and openness to coaching.  One of our awesome clients, Thomas Eade, is a constant source of inspiration. He always finds a way to invest in furthering his own learning given the nature of his work where he is always on travel and generally not home all the time with his family – undeniably a commendable initiative.  Sadly, not everyone is ready to make this kind of […]

Wealth Without Bay Street 182: Invest In Your Most Valuable Asset Looking for unique ways to guard and grow your wealth, just like the top 1%?  Dave Wolcott suggests that Infinite Banking is one alternative wealth strategy you should definitely pay attention to.  This serial entrepreneur and ex-marine captain has come on board to discuss the major money concepts in his book “The Holistic Wealth Strategy, a Framework for Building Legacy Wealth and Unlimited Freedom to Live an Extraordinary Life.”  Check out this amazing new episode! Give it a listen, it's truly powerful! WATCH: INVEST IN YOUR MOST VALUABLE ASSET […]

Wealth Without Bay Street 181: Is Your HELOC A Ticking Time Bomb? Is your home equity line of credit (HELOC) potentially a ticking financial bomb? We sure hope not! Today, we're chatting with Henry Wong about some of the uncertainties in the HELOC market that's been noticeable in the Canadian landscape. We find ourselves navigating […]

Wealth Without Bay Street 180: Clarifying The Marketing Language Of Infinite Banking Everyone should be aware, especially our clients, what the Infinite Banking Concept is. Many practitioners sensationalize the message. The idea isn't about ‘beating' the bank, it's about becoming the banker.  What you're doing is stepping into one of the four roles outlined […]

Wealth Without Bay Street 179: Estate Freeze with Richard Canfield & Henry Wong One thing that many people often forget is that we don't know when our best before date is. It's actually really important to be prepared for the unexpected by taking care of tax, estate and insurance planning, and ensuring the set up […]

Wealth Without Bay Street 178: Cash Follows The Leader – Finding The Money To Start IBC  You might be wondering, “How on earth can I find the money to start my infinite banking journey?” Here's the deal: you make money, you spend it, you make more money, and you spend it again. With this cycle […]

Raising Private Money: Insights from Jay Conner, Richard Canfield & Jayson Lowe In episode 177 of the Wealth Without Bay Street podcast, hosts Richard Canfield and Jayson Lowe dive deep into the world of private money, a crucial aspect of real estate investing. Joining them is guest Jay Conner, an expert in private money lending and raising capital. This episode offers valuable insights into private financing, attracting private investors, and the art of securing private equity for business ventures. Understanding Private Money Lending Private money, as explained by Jay Conner, is fundamentally different from traditional lending sources like banks and […]

Wealth Without Bay Street 176: Cash Follows The Leader – The Foundation Of The Policy The more you explore the Infinite Banking Concept, the more opportunities for growth you will discover. It's one thing to gain control of your money – maintaining it is another.  Chapter 2 of Cash Follows the Leader is where we […]

Wealth Without Bay Street 175: Cash Follows The Leader – Power of Control If you're new to exploring the Infinite Banking Concept, it's essential to understand the ins and outs of the process. We cover this in full in the book, Cash Follows the Leader. In Chapter 1, we reviewed how this system works using […]