Wealth On Main Street

Wealth Without Bay Street EPISODE 126: Featuring on today’s episode is Mike Everett, one of the most passionate people you’ll ever meet about The Infinite Banking Concept, commonly known as IBC. As an Authorized Practitioner, the ONLY thing Mike does is help people learn, understand and utilize the unbelievable power of The Infinite Banking Concept through dividend-paying whole life insurance. As a result, he’s had the honor of becoming one of the premier IBC Coaches & Teachers in the country. One of Mike’s main goals is for you to utilize his knowledge and personal experience to enhance and grow your wealth systematically.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:15 Mike’s Enthusiasm For IBC

5:12 Don’t Read BYOB After 9pm

10:00 The Book That Has Everything You Need

15:48 17 Years of Paying Premium

19:24 You Are Likely To Screw Up Your Plan!

26:12 Nelson’s Advice To Mike

33:27 Journey Of Learning Never Stops

39:52 Simple But Not That Simple

47:26 Who Would Mike Want To Be a Hero To

Get Connected:

Life Success & Legacy: https://lifesuccesslegacy.com/

Contact: [email protected]

Wealth Without Bay Street EPISODE 125: Featuring on today’s episode is Tim Yurek, the founder and CEO of Tier 1 Capital, a leading national financial consulting firm. Over his 35+ year career, he has worked with thousands of families across the country helping them achieve their financial goals – like sending their children to college, purchasing a new home or property, planning for business succession and successfully navigating their way through all stages of their financial journey. As the CEO of the company, Tim plays a foundational role in supporting the business. Everything from designing financial plans to identify funding sources to implementing these plans to secure funding. All of this work is powered by the unique application of Tier 1 Capital’s Growth Process. Tim’s promise to clients is to help them truly experience financial freedom by using strategies that minimize risk, increase accessibility, and put them in control of their money.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:25 Tim’s Time and Journey With Nelson

8:15 Looking Back – From 1997 to 2022

11:09 Going Back to the Basics

13:47 Don’t Knock It Till You Try It!

16:52 How Has IBC Evolved Over Time For Tim

21:30 Learning To Manage Finances

26:23 Tim’s Advice to You

30:49 Communicating the Process

33:47 Never Too Late to Start – Nelson’s Start

40:25 Investing For Future Generations

49:31 Who Would Tim Want To Be a Hero To

Get Connected:

LinkedIn: https://www.linkedin.com/in/timothy-yurek

Contact: https://financialprofessionals.massmutual.com/timothy-yurek

Tier 1 Capital: https://tier1capital.com/about-us/

Wealth Without Bay Street EPISODE 124: Featured on today’s episode is Henry Wong, a professional CPA who also trains other CPA’s across Canada specializing in taxation and passing through the nationals exams. Today Henry uses the opportunity to help explain Canadian life insurance landmines that U.S. citizens can avoid.

Henry chanced upon the book “Becoming Your Own Banker” and began to piece together all his knowledge of life insurance and financial accounting and soon began to pursue the journey of becoming his own banker. He now trains others as an accountant in how to build their own personal capital pool and manage their taxation through IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:47 Insurance is Tied to Your Citizenship and Residency

8:05 Canada vs. U.S. Exempt Rules

10:18 Getting Canadian Insurance as a U.S. Citizen

12:29 Estate Tax

17:05 American vs. Canadian Tax System

21:08 U.S. Exempt Test

28:51 Identifying the Problem and Finding the Solution

30:14 Having a Canadian Citizen Beneficiary

31:16 Imposing Excise Tax

34:42 Tips For U.S. Citizens

40:10 Irrevocable Beneficiary

46:09 Cutting Ties With Canada

Wealth Without Bay Street EPISODE 123: Joined on today’s episode is Justin Craft, President of Nowlin & Associates, a leading wealth management firm with over 40 years history in the Birmingham area. Recognizing the change in the economic environment in 2008, Justin facilitated the business model change at Nowlin and Associates from a traditional wealth management firm to one that offers educational based introductions to current financial topics. He is a regular on radio talk shows, has hosted over 300 educational workshops and manages the company's training program. Recently he was elected to serve as chair for the nationally recognized Field Advisory Cabinet for Ameritas Financial Corp. He is passionate about financial education and his home city Birmingham and the city's potential.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:54 Justin’s Journey With IBC

7:01 Justin’s Relationship With Nelson

15:10 Looking Back At The Year and Growing

17:19 Get Back to the Basics

22:25 Be in the Banking Business

26:28 Be a Team Player

31:13 How to Help People Who Struggle With the Idea of IBC

35:33 Who Would Justin Want To Be a Hero To

Get Connected:

LinkedIn: https://www.linkedin.com/in/justin-craft-b11a0019/

Website: https://www.nowlinwm.com/node/1094

E-mail: [email protected]

Wealth Without Bay Street EPISODE 122: On today’s episode of Wealth Without Baystreet, Richard and Jayson walk you through 7 easy steps that you can follow to become your own banker.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:54 Set Yourself in a Strong Foundation

6:21 Brief Runthrough the Seven Steps

8:51 Reading Through Nelson’s Book Well

12:08 Different Learning Methods Makes it Engaging

15:02 You Can Decide When to Call it Quits

16:29 You Will Need the Book

19:37 Bonus Steps After

Listen to Real Life Canada market crash stories 2022 and learn how you can Protect Your wealth. Get the FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/

Wealth Without Bay Street EPISODE 121: In Wealth Without Bay Street EPISODE 121, Richard Canfield and Dan Allen share personal Canadian market crash stories they have each experienced from various market cycles. Dan reflects on his memory of the increasing interest rates in Canada during the early 1980s and a missed opportunity on oil company stock options.

Richard tells 3 warning tales of Canadian Real Estate market crashes that impacted him financially. How one property dropped in value almost ten times and negative cash flow and staging a coup for a condo board. The third tale is a warning for investors lending money on secured mortgages. Richard just barely squeaked out of a private second mortgage deal where all of his capital was at the risk of loss. Contrast all of that to the peaceful stress free nature of contractually growing cash values with The Infinite Banking Concept in Canada.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:18 Flux of Change in the Market

5:44 Two Rules to Remember

7:54 Stock Market Crash in ‘08-’09

10:57 Investing Vs. Speculating

17:31 Learn From Successful Business Models

19:20 Dan Tells How He Lost Out on Company Stock Options

22:31 Richard Loses Money on a Rental Property

28:49 Richard Loses Money on a Land Development Deal

31:13 Richard Almost Loses Everything on a 2nd Mortgage Deal

38:09 Learning From Previous Mistakes

40:00 Do Your Homework Before Investing

Wealth Without Bay Street EPISODE 120: Featured on today’s episode is Henry Wong, explaining how you, as a business owner, can avoid corporate tax landmines in Canada. Henry is a professional CPA and trains other CPA’s across Canada specializing in taxation and passing through the nationals exams. He chanced upon the book “Becoming Your Own Banker” and began to piece together all his knowledge of life insurance and financial accounting and soon began to pursue the journey of becoming his own banker. Henry now trains others as an accountant in how to build their own personal capital pool and manage their taxation through IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:14 The Flow of Capital

5:29 The Theory of Integration

10:21 Landmine #1 – Shareholders Get Benefits From Their Company

15:47 Landmine #2 – Shareholder Borrowing

21:42 Golini Case Study

29:49 What Can Happen If You Go With Shareholder Borrowing

33:51 Know Your Fine Print

38:25 Get Connected With The Right Advisors

Golini Case File

https://www.canlii.org/en/ca/tcc/doc/2016/2016tcc174/2016tcc174.html

Tax Court Ruling a Cautionary Tale for Small Business Owners

https://www.advisor.ca/columnists_/florence-marino/shareholder-borrowing-is-a-shareholder-benefit-but-how-much-is-it-worth/

Wealth Without Bay Street EPISODE 119: This episode of Wealth Without Baystreet features Bruce Wehner and Rachel Marshall. Bruce Wehner is the lead advisor of The Money Advantage, where he designs and communicates the individualized solutions that help their clients increase cash flow and financial control. He is a Nelson Nash Institute Authorized Infinite Banking Practitioner who has been practicing Infinite Banking since his parents started his first policy when he was a young child.

Rachel Marshall is the Co-Founder, Chief Financial Educator, and Content Strategist of The Money Advantage. She’s currently writing a book about her near-death experience and how it became the springboard for her family’s multi-generational legacy of more than money.

Bruce and Rachel are the co-hosts of The Money Advantage podcast, the popular business and personal finance show.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:38 The Money Advantage – How It All Started

7:00 Grasping A Firm Understanding

11:59 Finding The Right Audience

15:05 Bruce’s Journey With IBC

22:02 Rachel’s Journey With IBC

25:31 Reading And Other Learning Mediums

30:08 How The Message Gains Traction

33:50 Always Get Back To The Fundamentals

43:50 Dealing With Negative Comments

52:05 Rachel’s Near-Death Experience

Website: https://themoneyadvantage.com/

LinkedIn: https://www.linkedin.com/company/themoneyadvantage

Facebook: https://www.facebook.com/TheMoneyAdvantage

Twitter: https://twitter.com/Money_Advantage

Instagram: https://www.instagram.com/themoneyadvantage/

YouTube: https://www.youtube.com/c/TheMoneyAdvantage

Rachel Marshall:https://www.linkedin.com/in/rachelmmarshall/

Bruce Wehner: https://www.linkedin.com/in/bruce-wehner-5619b5a

Wealth Without Bay Street EPISODE 118: Featuring on this episode of Wealth Without Baystreet are David Zumpano and Guy Remond. David Zumpano started out as an estate planner, founding The Estate Planner Law Center in 1995. Over the years David has also founded the Medicaid Practice Systems, LLC in 2010 and has authored Protect Your IRA, Avoid the 5 Common Mistakes, a contributory book offering for Estate planning attorneys in 2015. David now continues his journey helping estate planning and elder law attorneys build purpose driven practices with personal and professional balance. Guy Remond has over 20 years in the tech, software & consulting/advisory industries, as a founder, director, investor and advisor. Following his passion Guy branched out into the technical world, in 2001 and was a founding member and CEO of Cake Solutions Ltd. Guy has invested in a number of companies and is actively working with these companies in a non-executive director or chairman role, helping them to fulfill the leadership's drive to a successful outcome.

David and Guy have been partners in building Guidr, a digital, easy to use client interface platform released to lawyers, changing the industry by digitizing how lawyers communicate with clients to meet the demands of the modern technological advancements consumers have come to expect.  In October 2021, Dave and his technology partner, Guy Remond, co-authored; The Digitization of Law; How to transform technology disruptions into abounding opportunities, which provides the basis and support for the future of the law practice incorporating digital technology.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:36 How Guidr Was Born

14:12 Guidr And Its Features

18:28  How Does Guidr Work

19:24 Maintaining a Relationship With Your Attorney

20:54 To Have the Law Digitized, Democratized, Demonitized

26:04 Creating a Convenient Solution

28:17 Confidentiality and Ethics

32:04 Guidr Is The Future

38:13 Adapting As Technology Advances

42:42 Understanding The Consumers

48:54 Creating Value As An Entrepreneur

51:18 Who Would David Want To Be a Hero To

52:14 Who Would Guy Want To Be a Hero To

Guy: https://www.linkedin.com/in/guyremond/

Dave: https://www.linkedin.com/in/david-zumpano-a0208119a/

Follow Guidr on:

Facebook: https://www.facebook.com/guidr.legal

Instagram: https://www.instagram.com/accounts/login/?next=/guidr.legal/

LinkedIn: https://www.linkedin.com/company/guidr-legal/

Twitter: https://twitter.com/GuidrLegal

YouTube: https://www.youtube.com/channel/UChhBZLky0pllzqCEXU6c-AQ