Wealth Talks

Some people firmly believe in financing every expense in life with a policy loan. Others believe in financing only the larger expenses, and many don't know what to believe. This is a controversial subject with an endless number of opinions.

While it is easy to be confused by the barrage of information available, following certain steps and keeping certain ideas in mind can simplify the decision process amazingly.

Today on WealthTalks, Tom and John discuss things you will want to be aware of when financing with a policy loan and some tips to deciding when a policy loan makes sense.

Listen Now

In American society, more and more people seem to be less interested in making any sort of commitment, preferring a quick and easy relationship. Those only seeking a relationship are typically absorbed with themselves, looking only for what they can get out of the relationship.

Commitments are very different. Those looking to make a commitment are interested in how they can help other people, and create a better life for those around them.

Today on Wealth Talks, Tom and John are joined by Michele McFie.

On todays show, they discuss the differences between people engaged in a commitment and those in a relationship… and how differently they make financial decisions.

Listen Now!

Ice cream containers are shrinking - again. It used to be common for ice cream to be sold in a half gallon cartons. Some years ago, cartons shrunk to 1.75 quarts and just recently many ice cream cartons shrank again to only 1.5 quarts.

Prices, however, did not shrink accordingly. Most prices stayed the same. This latest change is the equivalent of a 16.667% price increase.

Some people may blame the creamery, the carton manufacturer or even the grocery store for the increase in price. But the real blame lies elsewhere.

Today on WealthTalks, Tom and John talk about why ice cream containers are shrinking, and what we can do to keep our savings from shrinking as well.

Listen Now!

Gino Bartali was an Italian cyclist. Winning the Giro d'Italia in 1936 and 1937 and the prestigious Tour de France in 1938, Gino went on to win two more titles after the War, the Giro d'Italia in 1946 and the Tour de France in 1948.

But it wasn't for any of these races that Gino became a hero, it was for his work in the Underground.

Under the guise of training, Gino carried papers all across Italy. These papers, meant to save the lives of Jews, would have meant death for Gino if they had been discovered. Gino was a true hero.

We have delivered seventeen death benefits to the families of true heroes. It doesn't matter their profession, affluence, or education, those who have a plan to provide for those they leave behind are true heroes.

Resource: How to Build Sustainable Wealth: https://www.life-benefits.com/store-detail/#HTBSW

Buying a Whole Life Insurance policy is a lot like starting a business that is guaranteed to succeed. In a world where 90% of startup businesses fail, talking about guaranteed success seems strange - even perhaps a little fishy.

But when it comes to life insurance, you can indeed find sustainable guaranteed growth. Guaranteed growth may take more time than some investments, but the slow & steady approach is the same used by many large grocery stores, such as Walmart, Ralphs, Krogers, Piggly Wiggly etc.

In today's episode, Tom and John discuss how these guarantees can work for you.

Listen Now

Paul "Bear" Bryant famously said "Offense sells tickets. Defense wins championships." Many investment advisors today are hyper-focused on the offensive side of wealth building (investing).

Wealth building is just as much defense as it is offense. In today's episode, Tom and John discuss how to get your Wealth Building defense running smoothly.

Resources:

Order Winning Your Financial GAME

Many people pursue money to their own misery. If they only had more money, they reason, they would be happy and contented. With this mindset, they will never be happy. They will either be poor and miserable, or they will be richly miserable.

Wealth, on the other hand, isn't dependent on money. Money can be a part of wealth, but wealth is not a part of money!

Today on Wealth Talks Tom and John talk about money, the love of money, and wealth. Listen Now

Resources:

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

Securities. The very name fills one with the sense of safety, conjuring up images of bank vaults, locked safes and armed guards.

Ironically, many so-called securities are not secure. In fact, most securities are risky.

…which brings up a question…are whole life insurance products considered securities? Do they share any similarities with securities?

On todays episode of WealthTalks, Tom and John talk about securities and why whole life insurance is different.

Listen Now

Morbid as it sounds, to get the greatest rate of return from a life insurance policy, you could pay the first premium and then die.

While we certainly don't suggest this course of action, this method will undoubtably give you the greatest rate of return.

Put this way, the whole concept of "rate of return" seems a little silly. However, it's easy to get caught up in the "what's your rate of return" game.

Today on Wealth Talks, Tom and John talk about the benefits of Whole life Insurance, and why the "rate of return" is not top priority.

In the world around us, many people have confused wealth with money. Sadly, many pursue money, but never take the time to build wealth.

How do we build wealth, and how do we protect the wealth we build so as to leave an inheritance to our children's children?

In today's episode Tom and John explore building wealth through the window of faith, and how to protect the wealth we will leave behind.

Listen now

Resources: Building Sustainable Wealth