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!

 

Oct 14, 2021 | Podcast

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

George Grombacher

Lifeblood Host

Mark Willis

Mark Willis

Guest

More Episodes

Get Healthy Stay Healthy with Dr. Judson Brandeis

Get Healthy Stay Healthy with Dr. Judson Brandeis

Get Healthy Stay Healthy with Dr. Judson Brandeis Is waking up with an erection a good or bad thing? Dr. Judson Brandeis answers that question and much more!About the EpisodeLifeBlood: We talked about how to get healthy and stay healthy, male reproductive and overall...

The Creator Economy with Zeev Farbman

The Creator Economy with Zeev Farbman

Creator Economy with Zeev Farbman How many people are using social media for fun versus a commercial enterprise? Zeev Farbman talks about creating the tools for helping people express themselves online!About the EpisodeLifeBlood: We talked about the creator economy,...

Financial Certainty with Ty Morgan

Financial Certainty with Ty Morgan

Financial Certainty with Ty Morgan Adversity can lead to a desire for financial certainty and personal growth. Ty Morgan shares his personal experience and how he found financial certainty that he now shares with others!About the EpisodeLifeBlood: We talked about...

Vaccine Mandate with Jen Berman

Vaccine Mandate with Jen Berman

Vaccine Mandate with Jen Berman How should companies be preparing for the vaccine mandate and what are the key areas to focus on? Jen Berman shares her expertise into what employers can proactively do to position themselves and their people for success!About the...

First Dollar Coverage with Shane Foss

First Dollar Coverage with Shane Foss

First Dollar Coverage with Shane Foss With more and more Americans opting out of major medical, what can be done to get them coverage? Shane Foss talks about the value and opportunity of first dollar coverage, how it works and who benefits!About the EpisodeLifeBlood:...

Gold Mining with Doug Hurst

Gold Mining with Doug Hurst

Gold Mining with Doug Hurst As the need for precious metals and gold mining increases, where are geologists looking for opportunities? Doug Hurst shares his process for identifying prospective mine sites!About the EpisodeLifeBlood: We talked about gold mining, how the...

Recruiting Best Practices with Yvan Demosthenes

Recruiting Best Practices with Yvan Demosthenes

Recruiting Best Practices with Yvan Demosthenes Using the right technology but still not getting the recruiting success you're looking for? Yvan Demosthenes shares his expertise and recruiting best practices for how an integrated approach can improve your...

Tax Planning with Catherine Tindall

Tax Planning with Catherine Tindall

Tax Planning with Catherine Tindall Sick of working for the government the first six months of the year? Catherine Tindall shares her tax planning process for proactively reducing your liability and keeping more of your money!About the EpisodeLifeBlood: We talked...

How to Find Profit Margin with Marley Majcher

How to Find Profit Margin with Marley Majcher

How to Find Profit Margin with Marley Majcher You're working hard, making moves, but are you making any money? Marley Majcher talks about why the answer for too many entrepreneurs is no and what to do about it!About the EpisodeLifeBlood: We talked about how to find...

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!