Wealth On Main Street

By Richard Canfield & Jayson LoweBusiness Entrepreneurship Investing

Wealth On Main Street episodes

May 31, 2022 117. Business Owners Avoid Paying Taxes Legally In Canada
Wealth Without Bay Street EPISODE 117: Joining us today is Henry Wong to talk about taxation on your business that may happen after you’re gone. Henry is a professional CPA and trains other CPA’s across Canada specialising 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
2:04 Something to Think About as a Business Owner
5:18 Second Death and Income Tax Act in Canada
7:46 What is the Deemed Disposition
11:33 How Can This Affect the Business
15:52 Capital Flow of a Business
19:03 Levels of Taxes and Extracting Tax
22:36 Value of The Business Owner
24:44 Working Together With the CPA
28:38 Estate Planning and Deemed Disposition
37:33 Wind-up and Carry Back
39:48 Pipeline Restructure
44:17 Working With a Good Team
47:08 Succession Planning
50:01 Utilizing Term Insurance
56:17 Need For Insurance
1:01:21 What’s Best For You and Your Business
1 hr 19 min
May 24, 2022 116. Infinite Banking Concept Quebec Canada
Wealth Without Bay Street EPISODE 116: On today’s episode of Wealth Without Baystreet featured is José or Joseph Salloum. Joseph is a financial security advisor in Quebec, Canada with over 21 years of experience. He hopes to help his clients become financially free by implementing the infinite banking concept in their lives. Joseph is also the president and CEO of the Canadian Wealth Creation Centre in Quebec, Canada, and with his experience, he is able to help clients.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
2:37 Joseph’s Journey With BYOB
12:45 Share This Journey With Your Family
14:58 Serving Your Clients the Best
17:56 Not Getting BYOB on Your First Read
20:42 Making BYOB More Accessible
22:26 A Moment That Made Joseph Proud
27:12 Everything is Up To the Client
32:50 Who Would Joseph Want To Be a Hero To
https://infinitebanking.org/agents/salloum427/
39 min
May 17, 2022 115. Infinite Banking For Key Employee Benefits In Canada
Wealth Without Bay Street EPISODE 115: Today on Wealth Without Baystreet, Richard and Jayson discuss how ensuring a key person or people in your business can be helpful and beneficial in case something happens. Providing a benefit or incentive can be good for both your employee and your business as you never know what will happen.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
2:10 How Do Large Corporations Utilize This
6:10 Good Businesses find Ways To Keep Employees Happy
10:15 How Long Should The Business Wait To Implement This
13:52 What If They’re Uninsurable?
17:50 Keep Key Employees Safe During Travel
28 min
May 10, 2022 114. Canadian Real Estate Coach Embraces Infinite Banking Concept
Wealth Without Bay Street EPISODE 114: Featuring on today’s episode of Wealth Without Baystreet is Elizabeth Kelly, an experienced real estate investor for more than 15 years. Elizabeth has a passion for helping people achieve their financial dreams through the purchase of investment properties. She specializes in the acquisition and management of Rent to Own and multi-unit residential properties. In 2019, she opened ‘Elizabeth Kelly Consulting and Coaching’ to assist both new and experienced investors in planning, structuring and creatively financing their real estate portfolio so they can enjoy early retirement and leave a legacy for their families.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
1:21 Elizabeth’s Real Estate Investment Journey
5:03 Common Mistakes Made By New Investors
8:18 The Start of EK Consulting
12:17 What is Your Objective as an Investor
16:51 You Need Back-up Plans
22:00 How IBC Can Help You Invest in Real Estate
25:58 Protection Against Inflation
33:43 Is It Too Good To Be True
43:34 Can IBC Replace RRSP
53:21 Who Would Elizabeth Want To Be a Hero To
Instagram: @elizabethkellyconsulting
Facebook: https://www.facebook.com/EKConsulting.ca/
E-Mail: [email protected]
Website: ekconsulting.ca
57 min
May 03, 2022 113. Building a Financial Steam Engine With Whole Life
Wealth Without Bay Street EPISODE 113: Today on Wealth Without Baystreet, Richard and Jayson talk about an example from Nelson Nash’s book, ‘Becoming Your Own Banker.’ The example of how the steam engine revolutionized transportation and how you can revolutionize your finances with the help of the Infinite Banking Concept.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
1:36 Watch Out For Future Bootcamps
3:18 Importance of Having a Strong Foundation
5:39 Introducing ‘Becoming Your Own Banker’
12:26 Nelson’s 212° Phenomenon
16:47 Don't Be Afraid to Capitalize
20:30 Paying the Policy Premium
24:01 Be Proactive Not Reactive
32 min
April 27, 2022 112. Real Estate Cash Flow Integrates With Infinite Banking
Wealth Without Bay Street EPISODE 112: Featuring on today’s episode of Wealth Without Baystreet is Harper Jones, an advocate for the Infinite Banking Concept (IBC) and a wealth strategist at CreateTailwind. Create Tailwind coach people how to Become Their Own Banker by taking control of the flow of their money. Harper uses his IBC system to invest in real estate and businesses and helps other people interested in the same approach.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
2:35 Harper’s Journey With IBC and Real Estate
8:09 Helping Educate Others
11:37 Using IBC to Invest in Real Estate
14:39 A Real Life Example
20:19 Reap the Benefits of What You Sow
24:48 You Can Always Capitalize The System More
26:12 Harper’s Guidance For New Comers
29:09 Who Would Martin Want To Be a Hero To
Website: https://createtailwind.com/
Email: [email protected]
LinkedIn: https://www.linkedin.com/in/harperajones
32 min
April 19, 2022 111. How Is My Whole Life Policy Cash Value Protected In Canada? Assuris
Wealth Without Bay Street EPISODE 111: Today on Wealth Without Baystreet, Richard and Jayson discuss how your whole life insurance policy cash value can be protected in Canada with Assuris. As Richard says Assuris is the insurance company for insurance companies. Join us as we take a look into what they do and how it can help you too.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
1:28 Policyholder Protections in Canada
3:33 About Assuris
5:53 The Minimum Requirements
8:47 Non-Profit vs. Private Insurance Companies
9:59 LICAT Ratios
13:59 Regulations For Insurance Companies
19:42 Do They Meet Consumer Demand?
21:49 Business Model of an Insurance Company
26:04 Two Masters of Insurance Companies
ASSURIS Protection:http://assuris.ca/
Assuris Funding: https://assuris.ca/about-us/assuris-funding/
Assuris Past uses:https://assuris.ca/about-us/experts-in-protecting-policyholders/
LICAT – Capital Adequecy: https://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/LICAT19_index.aspx
️ WEALTH WITHOUT BAY STREET LINKS:
Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthonmainstreet.com/masterclass
Podcast Website: https://wealthonmainstreet.com/
Follow us on Facebook: https://wealthonmainstreet.com/fb
Subscribe to our Youtube Channel: https://wealthonmainstreet.com/yt
Book a 15-minute call: https://wealthonmainstreet.com/15mincall
Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here:
https://wealthonmainstreet.com/dayofnelson
Join Our Community! https://wealthonmainstreet.com/community
IBC RECOMMENDED BOOKS
https://wealthonmainstreet.com/books
️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
#WWBS #JaysonLowe #RichardCanfield #theinfinitebankingconcept #wealthwithoutbaystreet
32 min
April 12, 2022 110. Infinite Banking Canada Real Example | A 10 Year Policy Review
Wealth Without Bay Street EPISODE 110: On today’s episode of Wealth Without Baystreet, your hosts, Richard Canfieldand Jayson Lowe discuss Infinite Banking Policies and examples from Nelson Nash’s book, Becoming Your Own Banker. Join us as Jayson also review’s a 10 year policy for us.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
1:22 Don’t Be Afraid to Capitalize
5:01 It’s An Investment For The Family
12:05 Learning With Visual Examples
15:43 Capitalizing Your Policy
22:18 Learn From Someone With Experience
28:41 Banks and Control
31:31 More About Nelson
Nelson Nash Videos Playlist:
https://www.youtube.com/playlist?list=PLabDKeNku_F8aBM-55QoEj4vD9mQC5Hpi
️ WEALTH WITHOUT BAY STREET LINKS:
Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthonmainstreet.com/masterclass
Podcast Website: https://wealthonmainstreet.com/
Follow us on Facebook: https://wealthonmainstreet.com/fb
Subscribe to our Youtube Channel: https://wealthonmainstreet.com/yt
Book a 15-minute call: https://wealthonmainstreet.com/15mincall
Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here:
https://wealthonmainstreet.com/dayofnelson
Join Our Community! https://wealthonmainstreet.com/community
IBC RECOMMENDED BOOKS
https://wealthonmainstreet.com/books
️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
#WWBS #JaysonLowe #RichardCanfield #theinfinitebankingconcept #wealthwithoutbaystreet
34 min
April 05, 2022 109. Always Learning With The Infinite Banking Concept
Wealth Without Bay Street EPISODE #109: Joining us on today’s episode is agricultural expert and part-time farmer, John McArthur, in our Client Series. John learnt about the Infinite Banking Concept and curious to know more about it, got in touch with his coach Vernon McCarty, who has also joined us for this episode. John’s journey about learning to be his own banker has been an amazing one and he shares how it has helped his family and his farm today.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
1:16 John’s Introduction to IBC
5:35 Gaining Control With IBC
10:01 Process of Learning
12:57 Generational Possibilities
18:19 Investing in the Family and Farm
22:33 A Good Coach Takes You a Long Way
31:44 Having Your Own Bank
37:25 Who Would Want To John Be A Hero To
️ WEALTH WITHOUT BAY STREET LINKS:
Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthonmainstreet.com/masterclass
Podcast Website: https://wealthonmainstreet.com/
Follow us on Facebook: https://wealthonmainstreet.com/fb
Subscribe to our Youtube Channel: https://wealthonmainstreet.com/yt
Book a 15-minute call: https://wealthonmainstreet.com/15mincall
Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here:
https://wealthonmainstreet.com/dayofnelson
Join Our Community! https://wealthonmainstreet.com/community
IBC RECOMMENDED BOOKS
https://wealthonmainstreet.com/books
️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
#WWBS #JaysonLowe #RichardCanfield #theinfinitebankingconcept #wealthwithoutbaystreet #JohnMcArthur #VernonMcCarty
40 min
March 29, 2022 108. How to Get Your Whole Life Policy Approved
Wealth Without Bay Street EPISODE #108: Today on the Wealth Without Baystreet Podcast we discuss the whole life policy and how to get it approved. Many times people do not invest in life insurance as they think that they might not get approved because of pre-existing conditions. Join us today in learning how you can get your whole life policy approved and what it means for you.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
3:18 Getting Started With an Application
6:01 Rated Version vs. Standard Version
13:49 Find Out If You’re Approvable
24:10 Why This Article Should Bother You
️ WEALTH WITHOUT BAY STREET LINKS:
Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthonmainstreet.com/masterclass
Podcast Website: https://wealthonmainstreet.com/
Follow us on Facebook: https://wealthonmainstreet.com/fb
Subscribe to our Youtube Channel: https://wealthonmainstreet.com/yt
Book a 15-minute call: https://wealthonmainstreet.com/15mincall
Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here:
https://wealthonmainstreet.com/dayofnelson
Join Our Community! https://wealthonmainstreet.com/community
IBC RECOMMENDED BOOKS
https://wealthonmainstreet.com/books
️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
#WWBS #JaysonLowe #RichardCanfield #theinfinitebankingconcept #wealthwithoutbaystreet
18 min

About Wealth On Main Street

From the publisher's feed

A North American Podcast show focused on helping Canadian & USA families and business owners create dependable wealth using the process of #becomingYourOwnBanker, known as The…