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    Business

    The Wealth Without Wall Street Podcast

    Your go-to podcast for uncovering the dirty secrets behind Wall Street and how to take back control of your wealth. The Wall Street mindset separates both families & business owners from their money while the elite and unknown get to use it for their advantage. The secret to achieving this is having your money work for you, not someone else, when wealth building. You can get there through earning passive income. When you have more passive income than you do expenses, you have achieved financial freedom. On this podcast, we work tirelessly toward your financial freedom. We cover topics like the Infinite Banking Concept, multifamily real estate, private lending and a multitude of other cutting edge ideas. We host industry specific reputable guests and share personal stories to educate you on how to finally achieve financial freedom. For more education on how, check out wealthwithoutwallstreet.com

    Advertise

    Copyright: © Everlight Financial 2017

    • Apple Podcasts
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    Latest Episodes:
    Our Passive Income Report - December 2020 Jan 28, 2021
    Show notes

    #174: How’s your 2020? We saw a lot of challenges in the year that was, but there were also great opportunities for those who are willing to act. Yearends are usually a time for reflection and looking back on the things we learned. Today, our hosts will share their Passive Income Report as they have been doing in the previous months. This practice has been part of Russ’s vision board. It’s always good to look at what’s been working and what’s not, and coming up with strategies to do better in 2021.


    Aside from their different business ventures, Russ and Joey are also firm believers that the best use of money is investing in yourself. Check out what they’ve been listening to and reading about in the resources section.


    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.


    The hosts may have a financial interest in the programs or services mentioned in this episode.


    December 2020 Passive Income Summary:

    Gross Income: $47,000

    Total Expenses: $35,000

    Net Profit: About $12,600


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Roundtable | Top Three Reasons to do IBC/Whole Life Insurance Jan 26, 2021
    Show notes

    Have you been thinking about wealth-building opportunities? You probably heard about a hundred different ways to achieve financial freedom. How do you know which is the right way to go? In this episode, the IBC coaches give out their top reason for considering infinite banking (IBC) and whole life insurance as a tool to get more creative with how you can make your money work for you.


    In case you’re not familiar with the IBC just yet, Nelson Nash’s Becoming Your Own Banker (BYOB) explains how your whole life insurance policies’ cash surrender value can be used as collateral for a loan. IBC is for individuals who are willing and able to make a long-term financial commitment. Find out the top reasons why you should consider diving into IBC/Whole Life Insurance as you embark on your financial journey.



    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

    The hosts may have a financial interest in the programs or services mentioned in this episode.


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    How to Bet on Yourself with Alex Pardo Jan 21, 2021
    Show notes

    #173: When was the last time you invested in yourself? How far are you willing to go to get clarity and reach a successful and fulfilling life? Today’s episode features Alex Pardo, host of The Flip Empire Podcast and co-founder of ASCEND, a high-level mastermind and coaching community. Whether you are stuck in your job and unsure of the next steps or have a business that you want to grow, Alex’s story will resonate with you. Learn how taking chances and betting on yourself can help you realize your life purpose and carve your path to success.


    Top 3 Things You'll Learn:

    1. Shaping your vision and discovering the courage to follow through
    2. Scale to get better, not to get bigger
    3. How to gain clarity, have the hunger to grow, and impact people

    About Alex:

    Alex Pardo is the host of The Flip Empire Podcast, where he shares strategies, interviews, and insights for smart real estate investors to help them grow and scale in the real estate investing business. He is also the co-founder of ASCEND, a high-level mastermind and coaching community for Entrepreneurs that want to experience a better life and business.


    While involved in multiple businesses, masterminds, coaching, and delivering podcasts, Alex is a family man first. He is married to Natalie, and they have two beautiful girls, Arianna & Alessia. Through his commitment, Alex can fulfill his purpose of helping others achieve freedom while passionately living his vision with his family, experiencing life to the fullest, and positively impacting people's lives.


    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.


    The hosts may have a financial interest in the programs or services mentioned in this episode.

    Connect with Alex:

    • FlipEmpire:https://flipempire.com
    • The Flip Empire Podcast: https://podcasts.apple.com/us/podcast/the-flip-empire-show/id1120765959
    • ASCEND: https://www.ascendyoursuccess.com

    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Round Table | Dave Ramsey Says Infinite Banking is a Scam Part 2 Jan 19, 2021
    Show notes

    What does Dave Ramsey think about IBC? And why does it matter? Information dramatically influences one’s choices. If you’re looking for ways to create financial freedom and learn more about the Infinite Banking Concept (IBC), you’re in for a fiery episode. In Dave Ramsey’s 9-minute video Why Infinite Banking is a SCAM!, he calls the IBC a Ponzi scheme and “whole life done horribly.” This is Part 2, where the IBC coaches break down Dave’s video contents and debunk the misrepresentations and half-truths in it. Russ and Joey will also go over Dave’s 7 Baby Steps and discuss how it may or may not be the right way to go.


    As you’re trying to learn about the Infinite Banking Concept (IBC) to determine right versus wrong, get answers to your questions from the people who have been practicing IBC for many years. You need objective truth, and that’s what you will get from this episode. Stay tuned and learn the proper path to take control of your finances to create your desired future.



    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

    The hosts may have a financial interest in the programs or services mentioned in this episode.


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    The Fearless Investor Kyle Stanley Jan 14, 2021
    Show notes

    #172: Are you at that point where you can’t decide the path you have to take? Listen to this episode and find out how you can have clarity, take control, chart a path, and achieve freedom. Today’s guest, The Fearless Investor, Kyle Stanley will share tips on how to invest, kickstart your business, or become a better business owner. Learn about arbitrage, short-term rentals via AirBnB, and Kyle’s BRRRR framework. (Buy->Rehab->Rent->Refinance->Repeat)


    If you have a strong desire to invest in a short-term rental business via AirBnB, and make it work, check out the resources and go from there.


    Top 3 Things You'll Learn:

    1. Understanding the market and what the deal looks like
    2. Strategies to scaling your short-term rental business
    3. What does Freedom of Choice look like and how you can achieve it

    Resources:

    Download AirBnB Calculator: https://www.fearlesskyle.com

    How to Become an AirBnB Host: https://www.fearlesskyle.com/airbnbhost

    AirDNA (Short-Term Rental Analytics): https://www.airdna.co/

    About Kyle:

    Kyle Stanley is the host of The Fearless Investor Podcast, where he brings in innovative investors so his audience can learn from them. Kyle was also involved in multi-level marketing before becoming an entrepreneur. Now he helps people learn investing strategies like AirBnB, real estate, and much more! Kyle knows his stuff for sure, having invested in real estate and an AirBnB host since 2018. He loves baseball, volunteering at a local dog shelter, and traveling.


    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.


    The hosts may have a financial interest in the programs or services mentioned in this episode.

    Connect with Kyle:

    The Fearless Investor: https://www.fearlesskyle.com/


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Round Table | Dave Ramsey Says Infinite Banking is a Scam Part 1 Jan 12, 2021
    Show notes

    If you want to get financial advice, where would you go? Who do you ask? Would you listen to someone who says one thing but does another? This episode is prompted by radio and television celebrity Dave Ramsey’s 9-minute video Why Infinite Banking is a SCAM!. Dave’s comments were in response to a caller who has taken up his 7 Baby Steps and now asking about IBC. Listen up as we break down the difference between what Dave says and what IBC teaches about building passive income. Instead of running from things we don’t understand, let’s get the facts from people who know what IBC is all about -- and it’s not Dave Ramsey.



    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

    The hosts may have a financial interest in the programs or services mentioned in this episode.


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Onward Nation and Predictive ROI with Stephen Woessner Jan 07, 2021
    Show notes

    #172: So you’ve just come up with a fantastic business idea, now what? How do you drive demand and create scarcity so people want to buy your product? Marketing your product is the best thing you can do as an entrepreneur. Today we have Stephen Woessner, CEO of Predictive ROI and host of the top-rated Onward Nation Podcast, who will lay out the process in identifying your ideal client avatar and finding your niche so you can grow your business. “Stop wandering aimlessly,” and pick up valuable strategies from Stephen’s journey from a struggling entrepreneur to becoming a successful CEO in an industry that helps other entrepreneurs achieve their goals.


    Top 3 Things You'll Learn:

    1. Business valuations and lessons from running an undercapitalized business in a very challenging market
    2. What is Predictive ROI, and how can it help you as a business owner
    3. Knowing your Ideal Client Avatar and learning the strategies to provide specific results to clients

    About Stephen:

    Stephen Woessneris the host of Onward Nation Podcast and the founder and CEO of Predictive ROI, a digital marketing agency, which helps agencies, coaches, and consultants build their thought leadership and then monetize it. He is the author of three books, including the #1 bestseller, Profitable Podcasting.

    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.


    The hosts may have a financial interest in the programs or services mentioned in this episode.


    The Best Way to Connect with Stephen:

    LinkedIn: https://www.linkedin.com/in/stephenwoessner

    Get an invite to Attend their weekly show “How to Fill Your Sales Pipeline Open Mic Q&A.”


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    How to Build an Impressive Real Estate Portfolio with Tobi Kimura Jan 05, 2021
    Show notes

    #171: How do you ensure a great future for you and your family? Most people go the traditional route -- putting money in the bank and investing in ROTH or IRA. While this is good, at what point will it get you to where you want to be? Today’s guest, Tobi Kimura, is an avid listener to the Wealth Without Wall Street podcast and a Community member.


    She walks us through her incredible journey living an ordinary family life, having a full-time job while raising a family, and building an impressive portfolio of 77 rental properties. She shares how the Infinite Banking Concept has been instrumental in achieving this path. Tobi talks about why passion is essential in creating financial freedom, peace of mind, and building a legacy. She hopes to inspire others to take the same steps.


    Tobi leaves a beautiful message for everyone:

    “You’re going to stumble upon some hard times, some unknowns, you have to make some pretty important decisions, but once you get through those hurdles, you can pick up, dust yourself up, and move on to the next one…”


    Top 3 Things You'll Learn:

    1. Taking the first step by educating yourself and stepping out of the box
    2. Setting your goals and gearing up to explore infinite possibilities
    3. Finding the motivation to strive and continue growing

    About Tobi:

    Tobi lives in Hawaii with her husband, Nathan, and their two children. She works in a medical distribution company while her husband works in his family’s construction business. With the primary goal of achieving financial freedom and securing their children’s future, Tobi has taken the lessons learned from the Infinite Banking Concept and created multiple income streams by investing in real estate. They now have 77 rental properties on the mainland.


    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

    

    The hosts may have a financial interest in the programs or services mentioned in this episode.


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income

    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Our Passive Income Report - November 2020 Dec 31, 2020
    Show notes

    #169: “Vision is something that you think about, but the reality of it is when you can see it because you put it down somewhere in front of you.” ~ Russ Morgan


    As we’re nearing 2021, it’s a great time to sit down with your family, envision what you want to accomplish for the coming year, and put everyone’s ideas on a vision board. The Passive Income Report is part of Russ’s vision board. This practice was inspired by Entrepreneurs on Fire by John Lee Dumas and The Smart Passive Income by Pat Flynn, who put their passive income on their websites to motivate others to set goals and create accountability. Today, Russ and Joey will go through the November Passive Income Report and share “the good, the bad, and the ugly” with what they’re doing.


    One good practice you can start with is creating a vision board to achieve what you want and gain financial freedom in 2021.


    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

    

    The hosts may have a financial interest in the programs or services mentioned in this episode.


    November 2020 Passive Income Summary:

    Gross Income: $53,862

    Total Expenses: $32,803

    Net Profit: Over $20,969


    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income

    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Round Table | How To Use Your Policy for Gifting Dec 29, 2020
    Show notes

    It’s the season of giving, and we love giving gifts. If you can pass down anything to your children, what would it be? Have you ever considered using life insurance as a gifting mechanism? In today’s round table, we’ll talk about how to use your insurance policy for gifting. A couple of ideas would be funding a life insurance policy for a child or grandchild or electing a portion of your death benefit to go to a charity. Using the Infinite Banking Concept or IBC, we buy cash value, and we purchase infinite uses of that cash value.


    In Nelson Nash’s second book, Building Your Warehouse of Wealth, there’s a chapter that talks about “anticipating a windfall.” Essentially what we can do within the framework of IBC would be:

    PAY premium->CREATE cash value->BORROW against that cash value->GIVE in anticipation of a windfall.


    IBC is a great way of practicing the abundance mindset and a powerful tool if you want to impact people more. When you look at it in its entirety, using your policy for gifting in the context of IBC is a fantastic gift. You will always get more than what you put in, and it will last a lifetime.



    Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

    

    This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

    

    The hosts may have a financial interest in the programs or services mentioned in this episode.

    💸 Build a Passive Income Machine in 3 Steps:

    Here’s how to flip the script and start building wealth the way the wealthy do 👇

    👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

    👉 wealthwithoutwallstreet.com/free-ibc-webinar

    📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

    👉 wealthwithoutwallstreet.com/accelerate

    📈 Step 3 – Start Building Passive Income


    Join the Passive Income Lab

    👉 ChoosePassiveIncome.com


    More Ways to Learn & Grow Wealth (For Free)

    💾 Download the Passive Income Operating System

    👉 wealthwithoutwallstreet.com/piosebook

    👥 Join 10,000+ Investors Inside Our Free Community

    👉 wealthwithoutwallstreet.com/community

    Paying $250K+ in Taxes? Stop the Bleed.

    😡 Apply for Our Next Tax Strategy Intensive

    👉 wealthwithoutwallstreet.com/tax


    Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

    📘 wealthwithoutwallstreet.com/newbook


    Stay Connected:

    📸 Instagram: @wealthwithoutwallst


    —


    Previous 1 56 57 58 59 60 Next

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    6

    Bad With Money With Gabe Dunn Business
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