There are many false teachings about life insurance. Some attempt to portray life insurance as a terrible product, while others attempt to make it magical. Sadly, many false teachings seem logical, which makes them even more dangerous. Today on Wealth Talks, Tom and John discuss some of the false teachings about life insurance (you’ve probably heard of them).
Resource: Wealth Seminar Recording , Dividends Explained with Dan Foley
Should you buy Term Insurance? Whole life? Universal life? Which is the cheapest? What type is the best? Should you buy insurance as soon as possible? Or wait until you’re older? Should you own different types of life insurance at different points in your life? Find out on Wealth Talks!
Resource: Wealth Seminar Recording
As a nation we are in bad shape. Inflation is climbing, environmental “concerns” threaten our staggering economy and global elites seem to be planning the overthrow of the middle class. Is there anything we can do to fight back? Or is this the end of the line? On today’s episode, learn what you can do to fight back!
Resources: Wealth Seminar Recording
Each year several banks go broke, but, comparatively, few life insurance companies become insolvent. Today on Wealth Talks, Tom and John look at the way life insurance companies are structured to provide such stability. But wait! What about AIG? In this episode you will discover what went wrong at AIG and what ultimately happened to the policy holders.
Resources: Wealth Seminar Recording
Federal pension plans have been in disarray for some time, but now, state pension plans are running into trouble as well... 8 trillion dollars of trouble. Only two states are left in America with adequately funded pension plans, and the economic decline may be affecting these soon. What do Tom and John think about this? Find out on Wealth Talks.
Resources: Wealth Seminar Recording
Inflation punishes people for saving by stealing the value out of their money. With inflation this bad, many people are saving less, have stopped saving or are even spending their savings. Some of this is doubtless due to rising prices, but it is hard to save when your being punished for it. Is it still a good idea to save? Find out what Tom and John think on Wealth Talks.
Resources: Wealth Seminar Recording: https://www.life-benefits.com/store/
Many people buy fire insurance but never have a fire. Many people buy car insurance and never get in an accident. Many people have medical insurance they don’t use. But today, on Wealth Talks, John and Michele discuss one type of insurance everyone will use at some time. Listen on Wealth Talks.
Fear and greed are called the two big motivators in this world, but they won’t help you build a strong and sustainable financial future. Today on Wealth Talks, Tom and John discuss the mindset you need to have to build a successful financial future. Listen Now!
Socialism is supposed to be where everyone shares with other people. The needy are taken care of by those who have an abundance, everything is fair, equal, just, and the sun sets in a golden glow over the ocean every night. Sounds nice!
Socialism has been tried many times, and it hasn’t worked. But could it? Listen now on Wealth Talks.
Resources: Livestream and in-person registration; https://www.life-benefits.com/wealth-seminar/?inf_contact_key=6d62f9b9e07dd9e55b77ab13cf56715d680f8914173f9191b1c0223e68310bb1
Sticks and stones may break my bones, but words can never hurt me. Today on Wealth Talks, Tom and John discuss this age-old children’s rhyme, and how it is still very relevant even in the “grown-up” world.
Also, there is something happening in Las Vegas you should probably know about. Listen now!
Resources: Register here: https://www.life-benefits.com/wealth-seminar/ *Livestream* option can be selected in the checkout process.
Turns out, winning is easy... if you keep changing the goal posts! Our government is reeling the goal posts in with an electric winch in overdrive! Gas prices have risen 117% in 18 months, but the “official” percentage is only 46%. Our economy isn’t in recession... but only because they changed the definition of “recession”.
Today Tom and John are back in the studio to unpack everything. You don’t want to miss this episode.
Resources: Click here: https://www.life-benefits.com/wealth-seminar/?utm_source=wealthtalks&utm_medium=podcast&utm_campaign=381 to register for the Wealth Seminar (if you are unable to purchase tickets, the seminar is already full).
Getting rich is something a lot of people want to do. But there are startling consequences along the way which many people overlook. Have you considered the consequences of getting rich?
Tom and John are back on Wealth Talks discussing some of the startling dangers on the way to riches.
Resources: Click here to register for the Wealth Seminar (if you are unable to purchase tickets, the seminar is already full).
https://www.life-benefits.com/wealth-seminar/?utm_source=wealthtalks&utm_medium=podcast&utm_campaign=381
Getting rich quick is simple. All you do is bet big and never lose at poker. Simple, straightforward, and statistically impossible. Simple doesn’t mean easy. There are numerous such half-baked plans and schemes for getting rich quick, some people even believe life insurance is the method with which one can get rich quick.
We love life insurance, but it’s not a get rich quick formula. Today on Wealth Talks, Tom and John discuss what life insurance can do for you.
Resources: Fri-Sat Wealth Seminar in Las Vegas
Ice cream containers are getting smaller, and the price is rising. Is this inflation? It's now called shrinkflation!
No matter what cutesy name inflation may masquerade under, it’s still inflation and can hurt you financially.
Today Tom and John discuss inflation, how we can appoint better politicians, and something happening in September (you are invited).
If you need something messed up, call a politician, they’re pretty good at it. Almost every economic problem we have today can be correlated to some stupid something a politician decided to do.
On today’s episode you’ll hear about a lot of stupid things politicians have done with what disastrous results. And you’ll also find out what we can do regain control of our own economics.
Resources: Wealth Seminar: https://www.life-benefits.com/wealth-seminar/
Supply and demand have been regulating goods and prices for a long time and, when left alone, they do a very good job. But some people abuse supply and demand quite badly. When this happens, it mixes up the economy for everyone.
How does supply and demand work? How is it abused? Listen in on Wealth Talks as Tom and John discuss supply and demand, how the elites try to manipulate it and what you can do to introduce a more balanced perspective on a personal level.
Watching our economy is like watching a car hurtling down the interstate at 104 mph with 5% tread left on three tires, a bent rear axle and a spare rated for 45 on the front right... something is going to happen... but what?
Today, Tom and John discuss what they foresee happening and what we should do to prepare.
Resources: How to Build Sustainable Wealth
Our country is in trouble. Gas prices are at unprecedented highs, criminals go unpunished and gross corruption seems to be the only requirement for holding public office.
America is almost to the 250-year mark at which, historically, many nations have fallen. Will America survive? Should we just blow everything up and start over? Or can we still save America?
Rick Green, former Texas representative, national speaker and founder of Patriot Academy, has the answers to these questions. Don’t miss this episode. Listen Now!
Resources: Patriot Academy: https://www.patriotacademy.com/, Become a Constitution Coach: https://coach.patriotacademy.com/constitutioncoach/
Biblical Citizenship: https://coach.patriotacademy.com/biblicalcitizenship/
The American system of government based upon “the Laws of Nature and Nature’s God”, has facilitated the largest burst of creativity, wealth production and accumulation in all human history.
Within this system there is always conflict between extremes which tends to find a working balance in different ways at different times. When a viable balance is achieved during the struggle for equilibrium, human energy is harnessed in amazing ways resulting in remarkable production of wealth. When an extreme human-created ideology prevails on either end of a spectrum, wealth tends to be suppressed and even destroyed.
Of course, not all struggles are political in nature. Some take place within the financial world, within specific industries or even within a religion. Some issues carry widespread implications while others are more local in nature.
It helps to recognize that extremists tend toward chaos and tyranny, but a balanced perspective creates an environment of greater freedom which is exactly the recipe needed for growing and protecting wealth at a personal/family level.
Some issues are obviously macro-level, which no one person can change overnight; but many small decisions can be made at an individual level to help your own life more become balanced and effective as well as assisting the pendulum to swing the appropriate way at the macro level.
Resources: History of Money and Banking documentary: https://www.life-benefits.com/store-detail/#history-mb
The percentage of people who own life insurance has been dropping big time. Fewer and fewer people understand the importance of being insured. This is too bad, because, while life insurance does help maintain the quality of life for people you love when you pass, life insurance can also increase the quality of your life while you are living.
On today’s episode, Tom and John discuss why they think life insurance ownership is dropping, and how life insurance can help you save money.
Resources: How to Build Sustainable Wealth: https://www.life-benefits.com/store/
There are many legal ways to save on taxes, but there are also a lot of dangerous tax schemes. You can smell some tax schemes from a mile away, but others are more subtle – these are the ones that can get good people into trouble.
Let’s face it, everyone wants to save on taxes, but nobody wants to get in trouble with the IRS.
Today on Wealth Talks, Tom and John are joined by Jack Cohen CPA who served as an award-winning IRS auditor for 33 years before entering the private sector as a CPA.
Listen in as they discuss some of the latest tax schemes, how to stay out of trouble, and a relatively new strategy to save on taxes!
Resource Link: SALT Cap Workarounds Update: https://news.bloombergtax.com/tax-insights-and-commentary/salt-cap-workaround-pass-through-entity-tax-update-part-i
Ignorance and Stupidity, Greed and Fear will be some of your leading enemies when trying to achieve success of any kind – especially financial success.
Understanding the characteristics of these ailments can help you to identify and overcome them before they have time to impose the entirety of their destructive behavior and results in your life.
It’s been said that “man’s biggest enemy is ignorance”. It doesn’t seem this will be changing anytime soon, but the blueprint to overcoming ignorance and gaining success is relatively easy.
Resources: Find Books and other Educational Resources on the Life Benefits Store: https://www.life-benefits.com/store/
It’s a nice big word... but what is it, and is it relative to life? Cognitive Dissonance is the name for a common, if detrimental, human behavior phenomena.
Listen as Tom and John explain cognitive dissonance, and how you can respond to it in your life.
Resources: Winning Your Financial GAME, How to Build Sustainable Wealth