Infinite Banking Concept with Mark Willis
What beneficial financial behaviors can be learned from the ultra wealthy? Mark Willis breaks down a three part strategy that you can take and implement in your life!
Listen to us On
About the Episode
LifeBlood: We talked about the infinite banking concept. We discussed how while there are very few things we have complete control over, we can certainly exert greater influence on our situation, specifically our financial situations by paying closer attention to the environments in which our money resides.
Are you currently setting yourself up for a big tax liability when you reach retirement age? If so, do you think taxes will be higher or lower than they are today? We talked about how to evaluate your accounts, answer those questions and position yourself for success no matter what happens with tax rates in the future.
We discussed beneficial financial activities of the 25 wealthiest people in America, what strategies they employ to shelter their wealth and avoid paying unnecessary taxes, a three part strategy that’s been used for generations that you can take advantage of as well, and also ensure that wealth you create can continue on for generations.
We talked about how there are many different kinds of life insurance policies, but only one specific kind that will give you the benefits in order to complete this strategywith Mark Willis, CFP and Advisor with Lake Growth Financial Services, host of the Not Your Average Financial Podcast, helping people get more focused on their financial lives, gain greater control of their situation, growing their nest eggs with certain and getting overall peace of mind.
Listen to learn how to talk with your children and grandchildren to prepare the people for the money, so you’re not just preparing money for the people!
You can learn more about Mark at NotYourAverageFinancialPodcast.com, and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Mark Willis
Guest
More Episodes
How Do I Stop Receiving Credit Cards Offers in the Mail?
How Do I Stop Receiving Credit Cards Offers in the Mail? Ever wonder, "How do I stop receiving credit card offers in the mail?" George answers that question and sprinkles in some additional thoughts on managing and eliminating credit card debt! About the EpisodeEver...
Extended Care Planning with Kelly Augspurger
Extended Care Planning with Kelly Augspurger Extended care planning isn't the most fun thing to think about. Kelly Augspurger talks about how to have the conversation with loved ones! About the EpisodeWe focused on the ins and outs of extended care planning, reframing...
How Do You Feel About Money with Wendy Wright
How Do You Feel About Money with Wendy Wright How do you feel about money? How would you like to feel? Wendy Wright shares her perspective on answering these questions! About the EpisodeWe focused on asking and answering “how do you feel about money,” what financial...
How Much is Enough with Peter Lazaroff
How Much is Enough with Peter Lazaroff Have you ever stopped to ask yourself, "how much is enough?" Peter Lazaroff shares his perspective on why and how to ask! About the EpisodeWe focused on determining how much is enough, how our preferences and identities change...
Know Your Client with Frank Rekas
Know Your Client with Frank Rekas When you know your client, life and business get easier. Frank Rekas talks about how to market and sell yourself effectively! About the EpisodeWe focused on how and why to know your client, effective marketing and sales, the...
Impact Investing with Chris Meyer
Impact Investing with Chris Meyer Impact investing and shareholder advocacy are powerful tools. Chris Meyer talks about how it's done and how you can participate! About the EpisodeWe focused on impact investing through shareholder advocacy, the special rights and...
Efficient and Optimal Investing with Mark Hebner
Efficient and Optimal Investing with Mark Hebner Efficient and optimal investing is easier, and less expensive than many people think. Mark Hebner wrote the book on it and shares his perspective! About the EpisodeWe focused on efficient and optimal investing, the...
How Much is Enough with Spencer Sherman
How Much is Enough with Spencer Sherman When it comes to money, how much is enough? Spencer Sherman talks about how to feel good about where you are, while working to improve!About the EpisodeWe focused on how to figure out how much is enough when it comes to money...
Better Financial Decisions with Brian Haney
Better Financial Decisions with Brian Haney Making better financial decisions will position you for better outcomes. Brian Haney talks about developing processes for doing what matters most! About the EpisodeWe focused on how to make better financial decisions, the...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!