Wealth Talks

Bank failures often have a ripple effect, when one big bank goes, a bunch of smaller ones often walk off the cliff too. Are bank failures good for the economy? They may make for nice executive bonuses at JP Morgan, but what about the rest of Americans? Hear more about bank failures and what they mean for you on Wealth Talks. Listen Now.

Resources

The Perils of Banking and How to Avoid Them - Video

A Biblical Guide to Personal Finance

If you die in some unnatural, extreme way many people will hear about it. Falling over the Grand Canyon railing and slithering to your fate will probably get you an honorable mention in a news story. Getting killed in the crossfire of two rival gangs may earn you a national news spot for several days.

But what about those who don't die glamorous deaths? What will the people we love remember us for?

Resource Links:

Subscribe for Vlog updates on the McFie family visit to Wall Builders museum May 26-28th 2023

Money issues are the most cited source for divorce. Yet, even with such dire consequences, 49% of Americans admit they have lied to their partner about money. Having the correct attitude towards money is critical when building a relationship. What role should money have in a relationship? Find out on Wealth Talks.

Prescription for Wealth

A Biblical Guide to Personal Finance

In our rapidly changing era, saving and preparing for tomorrow has never been more important. But saving in today's world can be difficult, especially where cost of living is high such as in New York or San Francisco, or when a market swing could wipe out a lot of your savings. Today on WealthTalks – hear the tips and principles you need to save in a way that can build sustainable wealth for your future.

Resources 10-20-70 Worksheet, Life Benefits Store, WealthTalks.com

When the Infinite Banking Concept (IBC) was first discovered, many insurance companies were fine with their agents selling policies designed for IBC. Some even went out of their way to recruit such agents. But this favor seems to be souring.

Recently Mass Mutual, one of the largest insurance companies, stated they may terminate agents who practice IBC.

What happened?

New Book - Biblical Guide to Personal Finance

"You can beat him, you can cheat him, you can treat him bad and leave him..." Queen explained in their hit song Another One Bites the Dust. A lot of dust gets thrown around in the insurance ring, sometimes by ignorant agents, but often by greedy agents looking only to earn a commission. While the dust makes things difficult, you don't have to bite it. PLEASE! Don't bite the dust! Listen now on Wealth Talks.

New Book - Biblical Guide to Personal Finance

Why do you go to work? Why do you help other people? Why do you save money for the future? Do you work only to finance a lifestyle, or establish a comfortable retirement? Do you help people only because you are "giving back"? What is the force which drives you? What is your why?

New Book - Biblical Guide to Personal Finance

What is fungibility? Is it mildew? Is it mushrooms? Is it the blue green spores growing on the 3-week-old half sandwich at the back of the fridge? Or perhaps the whiteish green carpet spreading over the curiously deformed orange at the supermarket? Actually, fungibility has a lot to do with money and finance. Find out all about fungibility on Wealth Talks.

Video: Velocity of Money example

New Book - Biblical Guide to Personal Finance

We just watched two big banks fail - Silicon Valley Bank (SVB) and Signature. Bank failures happen quite frequently, but the failure of SVB and Signature heralded the largest bank failures since 2007-08.

With the failure of these banks, one may wonder how safe life insurance companies are. What happens when an insurance company goes broke like AIG did in 2008? Find out on Wealth Talks.

We've been gaslighted a lot by our government over the last few years. Remember how often we were told "Follow the Science" or "Don't question the Science"?

Of course, questioning the science should only improve the science, but this can also be dangerous as Galileo discovered with his famous experiment, for which he was persecuted.

This can happen in other areas of life too, even when it comes to financial promotions. Getting gaslighted or even ghosted are part of life and this won't be changing anytime soon. When you tune your discernment to pick up reality from noise, then you can make decisions to improve your life and your financial results.