Remember the old saw “Never judge a book by it’s cover”? This proverb cautions against making judgments based only upon outward appearances. Appearances can be a good indication, but basing a decision solely upon them can lead to serious consequences. In today’s episode, find out how appearances did us in... or was it interstate 40? You decide.
Resources: A Biblical Guide to Personal Finance
Many Americans are living paycheck to paycheck, but times are not getting any easier financially, so it’s time to break this cycle now because it will only get more painful to do it later.
We know people who are living paycheck to paycheck whether they make a low income or hundreds of thousands every year. The size of your income doesn’t always matter, but financial principles always do. Sometimes you can cut expenses, and other times you can think more creatively about additional income too.
Many times, you just have to step away from all of life’s craziness, get in a corner by yourself with pad of paper and THINK about where you are, where you really want to go and how you can make adjustments to get there.
A Biblical Guide to Personal Finance has additional tips and principal about financial stewardship which will help you on your journey to financial stability and success.
You can order a copy of the book Biblical Guide to Personal Finance Here
A lot of people are living alone and whether they realize it or not, living alone has a cost. This isn’t just regarding whether you are married or single, some people are financially all alone. Banding together with a group of like-minded individuals can help you big time financially. Don’t go alone! Listen to this episode of Wealth Talks.
Regardless of what the government or media might claim, for many Americans, life is getting worse.
As government overreach continues to destroy the private market, things are becoming more expensive and even unavailable.
In this episode, find out what happened to insurance in California and discover a way you could save big with an alternative solution to health insurance.
We aren’t against 401Ks or IRAs, we are against the idea that people need to trust an expert to manage their money.
A lot of people go with a 401K or IRA because some expert told them to, or because everyone else is doing it. But it’s your money, you are the most qualified person to manage it, and ultimately you are responsible for any gains or losses.
So don’t just trust an expert or go with the flow, think for yourself, find the truth and the truth will set you free.
Bad economies rear their ugly head fairly regularly, and while they cause damage to almost everyone, the hardest hit are those who haven’t prepared, or don’t know how to prepare for hard times.
When the economy is booming, it’s easy to think you have everything figured out financially, but during a downturn you better have your ducks in a row, or it could take you under.
Listening to the wrong people can mess you up financially. You are in control of your own finances, and while people may offer advice on how to handle them, it’s up to you to determine whether their advice is good or bad.
After all, you’re the one who must live with the results.
Today on Wealth Talks, you’ll discover a way some people can save on taxes. Will this way work for you? Maybe, maybe not.
Get the details and then you decide.
There are two emotions largely responsible for controlling human behavior.
Fear and Greed.
Whether it be the headlines of yester year predicting a coming ice age, the global warming crisis of today, or something else, fear mongers have shrewd ways of making people react.
Greed is another detrimental emotion, and interestingly, with so many people putting themselves first, our society is less happy and more depressed than ever.
On today’s episode, Tom, Michele, and John talk about these two powerful emotions... Fear and Greed.
Life insurance equity is a great tool which can be used to finance expenses and investments throughout life.
Some people try and rush the equity building process, but because they don’t understand how life insurance works, they may wind up buying an inferior policy or impatiently give up on the entire idea. But when you understand the process you’ll know it’s important to “crawl before you walk.”
Understand why life insurance is a good financial tool so you know the process and can have confidence in the results.
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Left, right, fast, slow, yes, no. Uncertainty is uncomfortable, stressful and can even be paralyzing.
Life is filled with uncertainty. It is critically important we understand how to recognize and deal with the stresses of uncertainty to prevent them from becoming paralyzing.
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412(e)(3) plans are fully insured retirement plans. This type of plan is not dependent on market performance, it is based on the guarantees of whole life insurance and annuities. Not only does this take the guesswork and market dangers out of retirement planning, it can also save you a lot on taxes today.
But 412(e)(3) plans will only work well in some situations. Do they make sense for you? Find out on Wealth Talks.
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Stress can wear you out. Not only does stress damage your physical health, it affects your decision making ability leading to poor decisions and sometimes to an incapability to make any decision at all.
We can’t avoid stressful situations. But with better planning, we can reduce them. Find out how on Wealth Talks.
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Are you looking to make a good investment? A great investment? What about the best investment ever? Financial speaking, whole life insurance is not an investment, it is an asset. But many of our clients say purchasing well designed whole life insurance is the best “investment” they’ve ever made.
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Trusting the wrong people can really mess you up, but you do have to trust people. So, who are you going to trust and how far will you trust them?
This is an area where you want to be careful to have confidence! Listen now to the latest episode of Wealth Talks.
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If you are playing the game of life, you better know the rules, because things can happen quickly! What might have been a logical move in the past may be a terrible move now. Life is constantly changing, but if we understand the basic rules, we can play the game and have fun!
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Have you ever bought something you thought was nice only to find out... it’s not the real deal? Almost every good item has knockoffs, and many people get suckered into buying them. It’s a terrible feeling, but it happens. Do you have the discernment necessary to keep from getting suckered financially? Listen now to Wealth Talks.
Resources:
A Biblical Guide to Personal Finance
How Life Insurance Works - Video
Buying a home is the biggest investment many Americans ever make, fortunately homebuying advice is as abundant as zucchini in July. Many advocate extra mortgage payments to pay everything off as quickly as possible. Others staunchly declare you should never make an extra mortgage payment.
What should you do? Listen now on Wealth Talks
Resources:
A Biblical Guide to Personal Finance
Becoming wealthy isn’t something which happens to anyone. It is the result of careful planning, wise choices, and definite
actions.
If you really want to become wealthy and are willing to put in the work, this podcast is for you. Listen here on Wealth
Talks.
Resources:
A Biblical Guide to Personal Finance
Winning Your Financial GAME
Making large financial decisions can be difficult. It’s one thing to analyze the facts once you have them, but sorting through countless opinions looking for facts can be exhausting and overwhelming.
Instead of researching every financial decision, some people like to find a person or expert they mostly agree with, or believe is knowledgeable, and follow their every advice. This may seem easier at first, but often it leads to major financial problems.
Resource Links:
A Biblical Guide to Personal Finance
Over the last few years things happened in our nation like we’d never seen before. Almost overnight industry stopped, businesses shuttered their doors, shopping centers were empty, and highways deserted. What started out as a temporary 2 week pause dragged on and on. And suddenly the possibility of losing one’s job became very real for many people. What would happen to you and your family if you lost your income? Are you prepared financially? Listen now to Wealth Talks.
Resource Links:
A Biblical Guide to Personal Finance
What started out as a strange new game in the 1960s, the result of a lost shuttlecock on a family vacation, has suddenly caught on. Pickleball is rapidly growing across America as many people try the sport and then find they can’t stop playing. If you’ve never played, you might find this hard to believe, but pickleball principles can help you financially too! Listen now on Wealth Talks.
The robbers didn’t kick the door in, bust the safe or leave fingerprints on the entry way table, they didn’t break the windows, damage furniture or rip out the TVs. Inflation is such a clever thief, many people never realize they are systematically being stolen from. If you don’t know this about inflation, you owe it to yourself. Listen to this episode now.
Resource Links:
A Biblical Guide to Personal Finance
Many people base their actions on an ever-changing perception of reality instead of time-tested truth. But the Bible tells us that “whatever a man sows, this he will also reap.”
Only 43% of Americans today say they believe money is important. As Zig Ziglar pointed out, the other 57% “will probably lie about other things too.” Money is important, and the exchange of money is more important than the form/type of money because the exchange of money expresses and can even magnify your underlying values.
But many aspects of the financial system we live in today are based on perception rather than fact, and this creates some problems.
Listen for tips on what you can do to base your own actions and preparations on a deep foundation of truth and reality despite various illusions we perceive.
Resource Links:
A Biblical Guide to Personal Finance
With all the investment, hedging and saving options we have in today’s world, is there any need for whole life insurance? Whole life insurance has been around for a long time and some may argue it is outdated. In today’s episode, find 10 things you could do with your money instead of buying whole life insurance.
Resource Links:
Winning Your Financial GAME
A Biblical Guide to Personal Finance
Bank failures often have a ripple effect, when one big bank goes, a bunch of smaller ones often walk off the cliff too.
Are bank failures good for the economy? They may make for nice executive bonuses at JP Morgan, but what about the rest of Americans? Hear more about bank failures and what they mean for you on Wealth Talks. Listen Now.
Resources
The Perils of Banking and How to Avoid Them - Video
A Biblical Guide to Personal Finance