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 Contact@GeorgeGrombacher.com.
George Grombacher
Lifeblood Host
Mark Willis
Guest
More Episodes
Weight Loss Diet with Rocky Haire and Valerie Maclin
Weight Loss Diet with Rocky Haire and Valerie Maclin Wherever you're currently at, is it possible to lose weight and start living a healthy and sustainable lifestyle? Rocky Haire and Valerie Maclin think so and have developed a program around breaking the addiction...
Behavior Change with Nagui Bihelek
Behavior Change with Nagui Bihelek How much more success would you and those you work with enjoy if you had a clear understanding of how others wanted to be communicated with? Nagui Bihelek has spent his life working to figure out how to make that happen in order to...
Buying Your Next House: A Step-by-Step Process
You’re thinking about buying a home, that’s very exciting! Home ownership has always been an integral part of the American Dream, and home values account for a large portion of many Americans overall net worth. With that in mind, it makes sense you want to...
Book Club featuring Adam Coffey
Book Club featuring Adam Coffey Our monthly Book Club features Adam Coffey and his book The Exit Strategy Playbook. About the EpisodeOn this edition of the Book Club, Adam Coffey talks about his book The Exit Strategy Playbook: The Definitive Guide to Selling Your...
The Power of Habit with Moe Abbas
The Power of Habit with Moe Abbas Have you thought about and do you have habits that serve you on a daily basis? Moe Abbas shares his perspective on thinking about and developing habits, why they're an essential component to his life and success and how to...
Personal Core Values: How to Create Your Code
Superman, Wonder Woman, Mother Teresa and Gandhi lived their personal values and followed a code. Superman holds strong to not killing, keeping his secret identity a secret, and using his powers responsibly. Wonder Woman lives to serve as a living example of the...
Goal Setting: How to Effectively Think About and Set Goals
We, as humans, have many amazing superpowers. One of my clear favorites is our ability to create the future we desire. It’s truly amazing if you think about it. When you take the time to reflect on what you want your future to look like, when you create a plan of...
Angel Investors with Jonathan Hung
Angel Investors with Jonathan Hung What criteria do angel investors use to decide whether or not to invest in a company? Jonathan Hung shares his expertise and experience into the four key areas he's focused on and what a company can do to position themselves for...
Future of Cryptocurrency with Shahar Abrams
Future of Cryptocurrency with Shahar Abrams At this point, you've probably heard of Bitcoin, Dogecoin and Ethereum, but what about the ever-expanding world and uses of crypto currency and crypto assets? Shahar Abrams shares his experience and perspective on new and...
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!