Wealth Talks

If you need something messed up, call a politician, they're pretty good at it. Almost every economic problem we have today can be correlated to some stupid something a politician decided to do.

On today's episode you'll hear about a lot of stupid things politicians have done with what disastrous results. And you'll also find out what we can do regain control of our own economics.

Resources: Wealth Seminar: https://www.life-benefits.com/wealth-seminar/

Supply and demand have been regulating goods and prices for a long time and, when left alone, they do a very good job. But some people abuse supply and demand quite badly. When this happens, it mixes up the economy for everyone.

How does supply and demand work? How is it abused? Listen in on Wealth Talks as Tom and John discuss supply and demand, how the elites try to manipulate it and what you can do to introduce a more balanced perspective on a personal level.

Watching our economy is like watching a car hurtling down the interstate at 104 mph with 5% tread left on three tires, a bent rear axle and a spare rated for 45 on the front right... something is going to happen... but what?

Today, Tom and John discuss what they foresee happening and what we should do to prepare.

Resources: How to Build Sustainable Wealth

Our country is in trouble. Gas prices are at unprecedented highs, criminals go unpunished and gross corruption seems to be the only requirement for holding public office.

America is almost to the 250-year mark at which, historically, many nations have fallen. Will America survive? Should we just blow everything up and start over? Or can we still save America?

Rick Green, former Texas representative, national speaker and founder of Patriot Academy, has the answers to these questions. Don't miss this episode. Listen Now!

Resources: Patriot Academy: https://www.patriotacademy.com/, Become a Constitution Coach: https://coach.patriotacademy.com/constitutioncoach/

Biblical Citizenship: https://coach.patriotacademy.com/biblicalcitizenship/

The American system of government based upon "the Laws of Nature and Nature's God", has facilitated the largest burst of creativity, wealth production and accumulation in all human history.

Within this system there is always conflict between extremes which tends to find a working balance in different ways at different times. When a viable balance is achieved during the struggle for equilibrium, human energy is harnessed in amazing ways resulting in remarkable production of wealth. When an extreme human-created ideology prevails on either end of a spectrum, wealth tends to be suppressed and even destroyed.

Of course, not all struggles are political in nature. Some take place within the financial world, within specific industries or even within a religion. Some issues carry widespread implications while others are more local in nature.

It helps to recognize that extremists tend toward chaos and tyranny, but a balanced perspective creates an environment of greater freedom which is exactly the recipe needed for growing and protecting wealth at a personal/family level.

Some issues are obviously macro-level, which no one person can change overnight; but many small decisions can be made at an individual level to help your own life more become balanced and effective as well as assisting the pendulum to swing the appropriate way at the macro level.

Resources: History of Money and Banking documentary: https://www.life-benefits.com/store-detail/#history-mb

The percentage of people who own life insurance has been dropping big time. Fewer and fewer people understand the importance of being insured. This is too bad, because, while life insurance does help maintain the quality of life for people you love when you pass, life insurance can also increase the quality of your life while you are living.

On today's episode, Tom and John discuss why they think life insurance ownership is dropping, and how life insurance can help you save money.

Resources: How to Build Sustainable Wealth: https://www.life-benefits.com/store/

We live in a world that too often blurs important distinctions between fact and feeling so far it becomes easy to question the existence of the fact. But behind this facade, you can recognize the unflattering lawyer's adage - if the facts are on your side argue the facts, if the law is on your side argue the law, if neither is on your side then change the subject and question the motives or attack the character of the opposition. We may ignore certain facts for a time but we cannot ignore the results of following a bad ideology based on wishful thinking. Following an ideology that welcomes and works with facts is key to building sustainable wealth. Resource Link: Order the book Winning Your Financial GAME: https://www.life-benefits.com/store-detail#WinningYFG

There are many legal ways to save on taxes, but there are also a lot of dangerous tax schemes. You can smell some tax schemes from a mile away, but others are more subtle – these are the ones that can get good people into trouble.

Let's face it, everyone wants to save on taxes, but nobody wants to get in trouble with the IRS.

Today on Wealth Talks, Tom and John are joined by Jack Cohen CPA who served as an award-winning IRS auditor for 33 years before entering the private sector as a CPA.

Listen in as they discuss some of the latest tax schemes, how to stay out of trouble, and a relatively new strategy to save on taxes!

Resource Link: SALT Cap Workarounds Update: https://news.bloombergtax.com/tax-insights-and-commentary/salt-cap-workaround-pass-through-entity-tax-update-part-i

Ignorance and Stupidity, Greed and Fear will be some of your leading enemies when trying to achieve success of any kind – especially financial success.

Understanding the characteristics of these ailments can help you to identify and overcome them before they have time to impose the entirety of their destructive behavior and results in your life.

It's been said that "man's biggest enemy is ignorance". It doesn't seem this will be changing anytime soon, but the blueprint to overcoming ignorance and gaining success is relatively easy.

Resources: Find Books and other Educational Resources on the Life Benefits Store: https://www.life-benefits.com/store/