In the 1990s, Americans on average were spending 34.5 cents per every dollar on interest. That means when you make 1,000 dollars, you only get to keep 655.

 If this is what was happening 30 years ago, imagine how bad it is today!

 This podcast is about How to Keep More of the Money You Make by recovering interest cost in your life.

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

There are two ways to gain experience in life. You can get experience personally or you can get it secondhand by watching and learning from other people’s experiences.

If you can successfully learn from other people’s experiences you can get ahead much faster in life.

It has been said that a joint venture is where one party brings experience, one party brings money and at the end of the venture the parties have switched...the party who brought experience ends up with the money and the party who brought the money ends up with experience.

In this podcast we are going to be sharing other people’s experiences with money and interest. These real life stories have some very good learning opportunities that can help you grow your wealth better.

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

First off, is an overview of how banking works. The way a bank manages their deposits, loans, assets and liabilities is the key to how they make money.

By understanding and following some of the same principles a bank uses, you can self finance items in your life and earn the interest you would have otherwise paid to someone else. This is often referred to as Becoming Your Own Banker, or The Infinite Banking Concept.

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

People are in a big middle-class squeeze right now. Paychecks seem stuck while expenses go up and up.

Housing, healthcare, debt—the middle class is juggling it all - with no safety net, in many cases. Sometimes affordability feels like a myth but we’re helping people fight back to attain financial stability and success.

Today we’re talking about very real financial struggles which most people in middle-class America are facing along with solutions to help you make progress regardless of where you’re starting.

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

Did you know that no insurance company truly 'does' Infinite Banking—but many offer the keys to unlock its potential?

We'll break down how top life insurance companies offer policies that can unlock the power of infinite banking, even when they're not promoted that way.

Learn about:

What characteristics separate a good infinite banking policy from a standard life insurance policy.

How dividend performance (PWLI) impacts a policy's long-term value and the mechanics of policy loans.

Why some companies might discourage or limit these loans and the potential implications for policyholders.

Mutual vs Stock company dynamics with Infinite Banking.

Direct vs Non-Direct Recognition - interest rates / cash value growth.

Riders available. Some companies offer PUA and term rider combination for high cash value

Much has been written, published and said about Infinite Banking.

Sometimes it feels confusing to decipher what’s really accurate. If you ever feel confused, you'll enjoy this podcast. We're going to shed some light on popular misunderstandings surrounding Becoming Your Own Banker and The Infinite Banking Concept.

Points of common confusion:

• Treating Infinite Banking as an Investment - Just looking at the ROR versus the Return of Money

• Viewing Infinite Banking as a product rather than a process

• Thinking of a life insurance policy as a bank.

• Trying to borrow money and repay it, just to make the policy grow better

Did you know you can earn a positive average rate of return and still loose money? ...You can! 

Can IBC be used well in this economic climate? It can, and we are... Ben shares an investment he is doing with The Infinite Banking Concept right now.

We read through more reddit questions this week, and you'll get to hear about: 

• The Nelson Nash Golden Rule 
• 4 major reasons to own Whole Life Insurance
• A question about a Penn Mutual Policy
• plus more

This is an episode you don't want to miss.

Today were going to go to Reddit and read what people are saying about Infinite Banking. Then we'll respond to them right here on the Wealth Talks Podcast.

You don't want to miss this!

Watch this episode on video here: https://www.youtube.com/@wealth-talks-podcast 

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

***Watch to the End! Some people have a bad experience with the Infinite Banking Concept. We'll share what happened.***

People ask how much money do you need for Infinite Banking or they assume they need to have more than they do, in order to benefit from Infinite Banking.

On the flip side, people who have more money sometimes think Infinite Banking is only for people who have less money. What is the truth?

Do you have to have lots of money to use infinite banking or do you only need to have a little? Or, is there a golden number somewhere in between that really makes the Infinite Banking Concept work?

Listen and find out the answer to these questions and more!

Watch this episode on video here: https://www.youtube.com/@wealth-talks-podcast 

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu

In this episode of the Wealth Talks Podcast we get to talk about one of the foremost reasons we use the Infinite Banking Concept and that has to do with our family. 

We explain how we've structured our finances even beyond using the Infinite Banking Concept and how that works for us. 

The Infinite Banking concept is a wonderful thing for families because it can help families build wealth faster and establish a family economy.

If you have a family you will love this.

Watch this episode on video here: https://www.youtube.com/@wealth-talks-podcast 

Listen to the Wealth Talks Podcast on: 

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8 

Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu