Not Your Average Financial Podcast™

Not Your Average Financial Podcast™

nyafinancialpodcast.com
Think different about your money, your economy and your future. Be curious. Be stable. Be sane.


148: Find The Power of Zero with David McKnight
Jul 3 • 37 min
In this episode, we ask: Do you have a crystal ball? Who is David McKnight? Have you read David’s book, The Power of Zero? Have you seen The Power of Zero: The Tax Train is Coming? Will tax rates be dramatically higher than they are today? What’s the…
147: To Win The Lottery, You Have to Buy a Ticket with Ros Kaspi
Jun 26 • 31 min
In this episode, we ask: Who is Ros Kaspi? What’s her story and background? What were people telling Ros? What caused Ros to change tracks? Where did Ros find her opportunity? What caused Ros to go out as an entrepreneur? What about yoga? What about a…
146: Three Ways the CARES Act Will Impact Your Retirement
Jun 19 • 29 min
In this episode, we ask: Has your family or your business been impacted by the current events? What is happening with the unemployment numbers? What are many Americans concerned about? What are the statistics? What is the CARES Act? What is new with CARES…
145: Get Dirt Rich! Raw Land Investing with the Land Geek, Mark Podolsky
Jun 12 • 33 min
In this episode, we ask: What is raw land investing? Who is the Land Geek, Mark Podolsky? What is solo economic dependency? What does Mark Podolsky teach to his students? How does Mark Podolsky pull passive income from raw land? What can you learn about…
144: Are Life Insurance Policy Riders Worth It?
Jun 5 • 32 min
In this episode, we ask: Is whole life insurance super boring? How might you super charge your coverage with riders? Have you heard Episode 142? Have you heard Episode 143? What is a rider? How might you learn what riders are appropriate for you? Would…
143: The Genius of Flexibility… with Marty Smith
May 29 • 39 min
In this episode, we ask: Can you imagine? Can you see the raw material? Who is Marty Smith? Who is Security Mutual Life? What is unique about the combo rider? What about the 7 pay test? What about the modified endowment contract (MEC) limit? What is an…
142: Paid-Up Additions on a Mission
May 22 • 26 min
In this episode, we ask: When I say the word rider, what comes to your mind? What about riders on legal documents? What is the legal definition? How does life insurance deal in the world of contracts? What are augmented, modified whole life insurance…
141: Budget Your Savings and a Bank on Yourself Portfolio
May 15 • 35 min
In this episode, we ask: Are you ready for an episode from the clubhouse? Where does money come from? What is a budget? Why is it important to save money? What sort of things can money do? Does age matter, when it comes to budgeting? Are you a policy…
140: Krisstina Wise, How to Live Financially Immune
May 8 • 38 min
In this episode, we ask: Who is Krisstina Wise? What is Krisstina’s philosophy? What is the alternative mindset? What about an unconventional approach to real wealth? What do you prefer? What about financial products? What are the top 10 steps for being…
139: What Does A Realistic Budget Look Like?
May 1 • 23 min
In this episode, we ask: What about deferred interest? What about playing the game? What happens when you combine knowledge and action? Is money difficult to learn? What happens when the market tanks? What is our biggest money mistake? How are budgets…
138: Everyone Has a Plan Until… with Marc Lichtenfeld
Apr 24 • 33 min
In this episode, we ask: What about the top of the pyramid? Who is Marc Lichtenfeld? What is the Oxford Income Letter? What about boxing? What’s the athlete’s perspective? How much preparation do you need? What is a perpetual dividend raiser? What is a…
137: Here’s How to Antivirus Your Money
Apr 17 • 32 min
In this episode, we ask: Did that escalate quickly? Is there a precedent for where we are today? What happened in March 2020? When was the last time this sort of swing happened? Have you ever seen these sorts of swings? What records have we witnessed?…
136: Dividends or Market Dips?
Apr 10 • 23 min
In this episode, we ask: What’s the name of the game? Are we seeing “garden variety” volatility? Does buy and hold work? Have you heard Episode 51? Have heard Episode 52 and Episode 53 with Les Himel? Where does our money live? Which financial ride would…
135: [Mythbusters] The Upside Down Fictional Security of Bonds
Apr 3 • 32 min
In this episode, we ask: Are bonds safer than stocks? Are you rethinking your philosophy towards finances? Do you watch financial advice on TV? What is a blend of stocks and bonds? Why do people believe in the blend of a 60/40 split? What is asset…
134: How To Protect Your Retirement from Lawsuits with Sarry Ibrahim
Mar 27 • 37 min
In this episode, we ask: Do you know we’re so thankful for your questions? What happens if you get into a lawsuit with a life insurance policy? Who is Sarry Ibrahim? What did Sarry learn from working with retirees? How did asset protection become a focus…
133: Client Spotlight: Engineers and Bank On Yourself® Superstars, Derek and Amy Baker
Mar 19 • 37 min
In this episode, we ask: Who are Derek and Amy Baker? How did Derek earn his first dollar on the horse farm? How did Amy earn her first dollar while camping? When did they start thinking beyond the employee mindset? How did thinking about paying for…
132: The Reason Why We’re Broke and How To Fix It
Mar 13 • 28 min
In this episode, we ask: Would you like a better sense of control and purpose? Why does anyone do the thing that is not in their best interest? Is there a lack of information? What controls our unconscious? How many of our decisions come out of our…
131: Get WealthFit with Dustin Mathews
Mar 6 • 29 min
In this episode, we ask: Have you watched something that is binge-worthy lately? Who is Dustin Mathews? How did Dustin’s out of body experience affect him? What about Dustin’s mission? What about education around money and entrepreneurship? What is…
130: Storing Cash in Storage Units with Kris Benson
Feb 28 • 35 min
In this episode, we ask: Are storage units going to be around awhile? Who is Kris Benson? What about the trading time for money model? How did Kris get into real estate? How did Kris niche down? Where are the markets for self storage? How many self…
129: What if the Real Scam is Wall Street?
Feb 21 • 25 min
In this episode, we ask: Have you heard the saying, “When you point a finger at someone, you have three more fingers pointing back at you?” What does Wall Street say? Does Wall Street fit the definition of a scam? What did Holly Johnson say in The Simple…
128: Seven Reasons Bank On Yourself® is Legitimately the Real Deal!
Feb 14 • 38 min
In this episode, we ask: What are the core reasons why Bank On Yourself® is the real deal? Who is The White Coat Investor, Dr. Jim Dahl? What did he write about Bank On Yourself®? What did Ted Benna, the father of the 401(k), say? Where is Ted Benna…
127: Is Bank on Yourself® a Scam? A Nerd’s Eye View on Policy Loans and Michael Kitces
Feb 7 • 30 min
In this episode, we ask: Is Bank on Yourself® a Scam? Who is Michael Kitces, and why do we respect him so much? What did Michael Kitces write about Bank on Yourself®? Would you like to read Pamela Yellen’s responses to his analysis of Bank on Yourself®?…
126: Is Bank on Yourself® a Scam? The Mathemagic of Money Blogger Allan Roth
Jan 31 • 31 min
In this episode, we ask: Have you been listening to us for awhile? Do you know how much we appreciate you? What is the definition of the word scam? Were you first skeptical when you heard of Bank on Yourself®? Is Bank on Yourself® a scam? Are critics…
125: How to Acquire Ten Properties a Month with No Money Down with Chris Prefontaine
Jan 24 • 27 min
In this episode, we ask: Who is Chris Prefontaine? Who works with Chris? How does Chris work with his son Nick? How might one buy real estate on terms? What is a lease purchase? How does a lease purchase affect the homeowner? What is owner financing?…
124: Not In My Backyard! Mobile Home Investing with Brant Greathouse
Jan 17 • 37 min
In this episode, we ask: Who is Brant Greathouse? What is TrueStar Capital? Are you interested in not so average real estate? Why is affordable housing so important? How much of the population can spend only $500/month or less on housing? What is…
123: News Roundup: The SECURE Act Passes, A Billionaire’s Biggest Policy and a WSJ Warning
Jan 10 • 30 min
In this episode, we ask: What is the SECURE Act? How does this act affect retirement accounts? What about the fiduciary safe harbor? What’s important about 72 years old? What is a stretch IRA? Did you hear the episode on required minimum distributions?…
122: Your Last Money Guru
Jan 3 • 30 min
In this episode, we ask: Are you ready for this new decade? Who are the money gurus? Do these money gurus have some special secret to managing money? Do you believe that you are unlucky in money? Who will provide us the key? Why do we yearn to have what’s…
121: A Strategy for RMDs
Dec 27, 2019 • 28 min
In this episode, we ask: What is a Required Minimum Distribution (RMDs)? What happened when you put your income into the deferred tax account? How will the tax be paid? When will the tax be paid? What is built into the Internal Revenue Code? When do…
120: Are You Investing and Banking at Retail Prices?
Dec 20, 2019 • 28 min
In this episode, we ask: Are you ready? What is the most wonderful shopping season? Would you like to retire right now? What is it we’re talking about when we talk about money? Can you meet your life goals without money? Should we put money in the stock…
119: Building Wealth That Leads to the Blissful Life with Moneeka Sawyer
Dec 13, 2019 • 36 min
In this episode, we ask: Do you remember what happened in 2008? What did JAMA say about “Wealth Shock”? Who is Moneeka Sawyer? How does Moneeka manage a multimillion dollar business? How does Moneeka choose bliss? What did Moneeka experience as a very…
118: How to Triple Your Net Worth Building Real Wealth with Dan Proskauer and Alan Eckstrand
Dec 6, 2019 • 41 min
In this episode, we ask: Who is Dan Proskauer? How did Dan triple his net worth? How long has it taken Dan to triple his net worth? How many years has Dan been keeping up with his net worth in Quicken? What was the first thing that Dan did with his…
117: The Billionaire’s Secret – Is Giving The Key to Wealth?
Nov 29, 2019 • 25 min
In this episode, we ask: Is it better to give than to receive? What drives us to help others? Are we hard wired to be selfish? Why do we take care of the most vulnerable? How might we cooperate? Are we only out for survival? Why does it feel so good to…
116: Your Journey of Financial Independence
Nov 22, 2019 • 26 min
In this episode, we ask: Are you so thankful for Holly? Have you seen Pamela Yellen’s new book, Rescue Your Retirement? If you leave us a review on iTunes and send a screenshot of your review to hello@nyafinancialpodcast.com, we’ll send you a copy of the…
115: When Should I Take My Social Security? with Brian Minier
Nov 15, 2019 • 38 min
**CORRECTION – in the episode we state that 85% of your benefit is taxed. To clarify, 85% of your Social Security can be exposed to taxation at whatever your tax rate is. For example if your Social Security monthly benefit is $1000/mo, $850/mo of that…
114: The 8 Rules for Bank on Yourself® with Jim Conrad
Nov 8, 2019 • 41 min
In this episode, we ask: Who is Jim Conrad? Would you like a FREE copy of Pamela Yellen’s new book, Rescue Your Retirement? Send us a screenshot of your new iTunes review to hello@nyafinancialpodcast.com, and we’ll send you a copy of the book! What can…
113: Nightmare Scenarios with Amanda Neely
Nov 1, 2019 • 40 min
In this episode, we ask: Do you ever spin out into the “WHAT IF…” conversations? What happens to Bank on Yourself type policies when the world ends? Is it the end of the world as we know it? Would you like Pamela Yellen’s latest book, Rescue Your…
112: Six Spooky Goblins In Your Money
Oct 25, 2019 • 29 min
In this episode, we ask: Would you like a copy of Pamela Yellen’s latest book? Schedule a Meeting with us! What special announcement does Holly have to share? Would you like more treats and less tricks? What is the first goblin? What does $135K in…
111: Should I Do a Bank On Yourself® type Whole Life Insurance Policy or a Roth IRA?
Oct 18, 2019 • 43 min
In this episode, we ask: What has Amanda learned as a sample of one? Who are Brandon and Amanda Neely? What is Mark’s relationship with Brandon and Amanda? If we did something different, what would the results be? Would you like to follow along with the…
110: [Mythbusters] Wait! Did I Just Pay For This Twice?
Oct 11, 2019 • 32 min
In this episode, we ask: Would you like to leave us a review? Do you experience panic moments? Have you ever felt panic around a policy loan? Have you heard Episode 34? How exactly does a policy work? Would you like to discuss this with us? What happens…
109: How to Become Your Business’ Line of Credit (and Beat your Competition) with Scott Plamondon
Oct 4, 2019 • 39 min
In this episode, we ask: Has your crystal ball come in the mail yet? Do you have a line of credit? Do you have a business collateralized loan? Who is Scott Plamondon? Have you heard the Grandma’s Wealth Wisdom podcast with Brandon and Amanda Neely? When…
108: [Toolbox] How the Sunk Cost Fallacy Messes with You
Sep 27, 2019 • 33 min
In this episode, we ask: What is the sunk cost fallacy? What is loss aversion? What is the status quo? Are you knee-deep in something? What did Christopher Olivola say? Do you ever sit through a movie you don’t like? Do you ever finish a low quality book?…
107: Adventures in Financial Planning with Tim Austin, Part 2
Sep 20, 2019 • 35 min
In this episode, we ask: What are the four categories? Have you taken an inventory of your life? What are the potential places to improve? Are you taking advantage of all opportunities in tax savings? What can you do to control your cash flow on a monthly…
106: Adventures in Financial Planning with Tim Austin, Part 1
Sep 13, 2019 • 37 min
In this episode, we ask: Who is Tim Austin? When did Tim start learning about money? When did Tim become a financial advisor? What did Tim learn from his dad? What did Tim learn from his grandmother? What did Tim have to tell his grandmother? What is the…
105: Your Family Is Your Greatest Asset, Part 2
Sep 6, 2019 • 29 min
In this episode, we ask: Would you like to join us LIVE on Saturday, September 7, 2019 at 1PM-2PM Central Time? Register Now! Do most Americans have savings? Have you heard Episode 84? What is the government going to do with the national debt? What mostly…
104: The Family is Your Greatest Asset, Part 1
Aug 30, 2019 • 29 min
In this episode, we ask: Would you like to join us LIVE on Saturday, September 7, 2019 at 1PM-2PM Central Time? Register Now! Is it best to Buy Term and Invest the Rest? Would you like to fill out our feedback survey? What is the greatest asset in your…
103: The Family Prosperity Index with Scott Moody and Wendy Warhcolik
Aug 23, 2019 • 38 min
Would you like to join us on our live show on September 7, 2019 at 1PM Central Time? (See details below) Would you like to take our 90-second survey? Who is Wendy Warhcolik? Who is Scott Moody? How did Scott and Wendy meet? What inspired the Family…
102: Keeping Up with the Rockefellers: The Family Office Concept
Aug 16, 2019 • 33 min
In this episode, we ask: Would you like to join us for a live show on Saturday, September 7, 2019 1PM Central Time? See connection details below! Would you like to take our 90-second survey? Have you engaged estate planning? What does an estate plan do?…
101: 4 Tips for Teaching Your Kids About Money
Aug 9, 2019 • 31 min
In this episode, we ask: How might we teach our kids about money? How many adults received financial education from their parents? What was Holly’s experience in childhood? What was Mark’s early experience with money? Why are parents overly secretive…
100: A Not Your Average SPECIAL SHOW!
Aug 2, 2019 • 34 min
In this episode, we ask: How might we say thank you? Do you know how highly we recommend our producer, Larry Fleming? What were the origins of Lake Growth Financial Services? How did the podcast come about? What makes this podcast so much better than an…
99: Why You Should Define Your Fears Instead of Your Goals
Jul 26, 2019 • 32 min
In this episode, we ask: Have you heard of fear setting (instead of goal setting)? Is emotional reactivity a helpful financial strategy? Are you white knuckling the financial rollercoaster? What did Seneca the Younger say? What if there was a benefit to…
98: Ryan Fleming – The College Funding Crisis is a Retirement Issue
Jul 19, 2019 • 35 min
In this episode, we ask: How does college funding relate to retirement? What’s Ryan’s story? How much do we have in student debt? What are the increases on tuition and fees? Can paychecks keep up with the costs? What happens if things don’t turn out as…
97: Retirement Roundup! 50% of Americans Are Making This Mistake…
Jul 12, 2019 • 33 min
In this episode, we ask: What does this podcast mean to you? Let us know by leaving us a message and we may include it on our 100th episode! Have you visited speakpipe.com/nyafp? Leave us your answer, in your own words, in an audio message? Please record…
96: Becoming Your Own Banker, A Tribute to Nelson Nash, Part 2
Jul 5, 2019 • 34 min
In this episode, we ask: Are you willing to leave us an audio message, for our upcoming Episode 100? What’s occurred to you since listening to our podcast? What has this podcast meant to you so far? Would you be willing to leave us an audio message? Have…
95: Think Long Range! A Tribute to Nelson Nash, Part 1
Jun 28, 2019 • 35 min
In this episode, we ask: Can you believe it? What’s changed for you since listening to our podcast? What has this podcast meant to you so far? Would you be willing to leave us an audio message? Who was Nelson Nash? Have you read Nelson’s book, Becoming…
94: Krisstina Wise, Millionaire Money Coach
Jun 21, 2019 • 40 min
In this episode, we ask: What is Krisstina Wise’s story? What did Krisstina learn from Real Estate? Is there a ceiling to income? What happens when people make a lot of income but are consistently broke? What is more fun that making money? What did…
93: [Great Problems] Can I Put A Lump Sum into A Policy? Part 2
Jun 14, 2019 • 40 min
In this episode, we ask: Do you have giant piles of cash? What are the six circumstances? Did you listen to Part 1, Episode 92? What is the answer to last episodes cliffhanger, the third unique way? What is a single premium policy that allows you to add…
92: [Great Problems] Can I Put A Lump Sum into a Policy? Part 1
Jun 7, 2019 • 30 min
In this episode, we ask: What are the six major reasons why people put lump sumps into Bank on Yourself type policies? What about paying off debt? What is the debt snow bank method? What about finding a new place for your safe money to live? What about an…
91: [Great Problems] Giant Piles of Cash – Single Premium Solution
May 31, 2019 • 31 min
In this episode, we ask: Can you say ca-ching? What are the risks of a giant pile of cash? What are the four key challenges facing all savers today? What about the low interest rate environment? Have you been successful in saving for retirement? What is a…
90: [Great Problems] Turning a Windfall or Lump Sum into Income for Life
May 24, 2019 • 35 min
In this episode, we ask: Which would you prefer? Do you like golf? What financial products can you blend or couple together for amazing outcomes? Where is your “hole in one”? What is a Single Premium Immediate Annuity? What is a strategy for leveraging…
89: Get Bigger Pockets with Paul Moore
May 17, 2019 • 35 min
In this episode, we ask: Who is Paul Moore? What happened with Paul in December 2007? How did Paul GIVE his way out of debt? When did Paul get into real estate? How can you activate a 2.5x multiplier effect on a property? What is the power of commercial…
88: Money Answers with Jordan Goodman
May 10, 2019 • 30 min
In this episode, we ask: Who is Jordan Goodman? Where is financial education? How do people behave around the stock market? What happens with debt? What incentives are there to save? Is debt fueling the economy? What has changed with the new tax law? What…
87: How to Get Wealthy While Paying Your Taxes, Part 2
May 3, 2019 • 24 min
In this episode, we ask: What is the greatest wealth building opportunity while paying taxes? Do you get a tax refund each year? Have you listened to Part 1, Episode 86? Is your cash accessible? Do you have the flexibility with a repayment schedule? What…
86: How to Get Wealthy While Paying Your Taxes, Part 1
Apr 26, 2019 • 24 min
In this episode, we ask: How about peace, sanity and satisfaction? How do you pay your taxes? After you’ve cut down your obligation, what then? When did withholding start? What are all of the ways you can pay for something? What is opportunity cost? See…
85: The Tax Sale of A Lifetime
Apr 19, 2019 • 38 min
In this episode, we ask: What do you think about where taxes are headed in the future? What does the society of actuaries say? What does “tax deferred” mean? Does it matter if you take taxes out now or later? How much of your retirement account will be…
84: The Past, Present and Future of Paying Your Taxes
Apr 12, 2019 • 24 min
In this episode, we ask: What does THEIRS stand for? When did the income tax begin in the U.S.? Why was the income tax established? How can you save taxes legally? What can you do? What options do you have? Are taxes currently high or low? What were the…
83: How to Maximize Your Retirement Income
Apr 5, 2019 • 32 min
In this episode, we ask: How much peace and financial stability can you have? How do oceans and rivers work together? How do we benefit from systems? Are annuities good for liquid access? How can we solve immediate cash needs? Where could you possibly…
82: How to Give Yourself a Pay Raise in Your Retirement
Mar 29, 2019 • 30 min
In this episode, we ask: What is the goal or function of your money? What is important for your money for you? What do you want your money to do for your children and your legacy? What is a Fixed Indexed Annuity with an Income Rider? Have you heard…
81: Why They’re Wrong About Annuities and 8 Ways Annuities Pay
Mar 22, 2019 • 37 min
In this episode, we ask: What did the MarketWatch article say about annuities? How are annuities related to the market? How are annuities related to the insurance industry? What is a Fixed Indexed Annuity (FIA)? What are the additional benefits? What’s…
80: Even If You Run Out of Money… Never Run Out of Income.
Mar 15, 2019 • 28 min
In this episode, we ask: Is it a good idea to purchase an annuity? What did Barron’s say about annuities? What changes do newer annuities offer? Can a younger person purchase an annuity? What did Jack Bogle say? Are you ready for jargon? What is an…
79: The Hidden Problems of Living Too Long
Mar 8, 2019 • 26 min
In this episode, we ask: What is a necessary risk? What is an unnecessary risk? Do you need a side hustle? How do we manage risk? Where do we need to go from here? What is FINRA? What are the 21 categories of risk from FINRA? What are the two types of…
78: What’s So Secure About Social Security with Bill Rainaldi, CFP®
Mar 1, 2019 • 37 min
In this episode, we ask: Who is Bill Rainaldi? What is Social Security? When was it started? How much of your income is withheld from your pay for Social Security? How does Medicare factor in? What is the average Social Security income? Can you rely on…
77: 10 Ways to Develop Streams of Passive Income That Won’t Run Dry
Feb 22, 2019 • 31 min
In this episode, we ask: What are people saying? What is the purpose of having multiple streams of income? How can you get income with Real Estate? What are REIT dividends? What are the advantages and disadvantages with REIT dividends? What about rental…
76: 16 Streams of Passive Income with Ryan Reger
Feb 15, 2019 • 33 min
In this episode, we ask: Have you ever considered having 16 streams of income? Who is Ryan Reger? What are his income streams? What tool does Ryan use for productivity? Is passive income common? Where should someone start? What can someone do who doesn’t…
75: Dave Ramsey’s Debt Snowball Method or The Debt SnowBank Method™?
Feb 8, 2019 • 33 min
In this episode, we ask: What are people saying? Would you like a free book? What about debt? What is Dave Ramsey’s debt snowball method? How much can you squeeze your lifestyle down to? What is the debt avalanche method? What is the best course of…
74: Dave Ramsey v. Pamela Yellen, A Bank on Yourself Battle Royale
Feb 1, 2019 • 31 min
In this episode, we ask: What are Dave Ramsey’s major complaints about Whole Life Insurance? What does Dave Ramsey’s website say about term insurance? What is term insurance worth? How do you get the value in term insurance? What is the rate of return you…
73: OK, Dave Ramsey, You’re Right. “Whole Life Stinks…”
Jan 25, 2019 • 25 min
In this episode, we ask: What are people saying? Would you like to leave us a review on iTunes? Do you have ideas for future episodes? Does whole life insurance insurance stink? Is “buy term and invest the difference” a better idea? Why are high…
72: The Seven Baby Steps and the Dave Ramsey Gospel
Jan 18, 2019 • 37 min
In this episode, we ask: Have you heard about the Seven Baby Steps? How does Dave Ramsey forego logic? Who sponsors Dave Ramsey? Are annuities worth Dave Ramsey’s disgust face? Why does Dave Ramsey’s advice stay written in stone? Are you an avid follower?…
71: The Debtor, The Saver or The Wealth Creator – Which Staircase Are You Climbing?
Jan 11, 2019 • 34 min
In this episode, we ask: How do you buy stuff? Would you like to meet us in person? What staircase are you climbing? How do you fund large capital purchases? What are some benefits? What does conventional purchasing look like? What is the debtor’s or…
70: Thinking Bigger – How the Economy Affects Us All
Jan 4, 2019 • 33 min
In this episode, we ask: Would you like to learn how to pay tax in the very best way possible? Can someone turn lead into gold? How do we know if we’re wasting our time? How do we test our assumptions? Does the chemistry in your portfolio allow for…
69: New Goals and How to Succeed
Dec 28, 2018 • 30 min
In this episode, we ask: What are people saying? Would you like a free book? Are you interested in increasing your income? Why do new year’s goals / plans fail? Is your goal realistic? Are you burning out? Is your goal too time consuming? Is your goal too…
68: How to Share Financial Knowledge with Your Tribe
Dec 21, 2018 • 33 min
In this episode, we ask: Would you like to give us a review on iTunes? We’d love to hear from you! Would you like a book? What do you talk about for hours on end? Do you see money differently? Who is the hero in your story? What should you take on your…
67: A No Stress Holiday Season
Dec 14, 2018 • 18 min
In this episode, we ask: Can you hear the jingle of the bells? Why are we so stressed at the holidays? What drives people to take policy loans? What does Amanda Neely say about strategically navigating the holiday season? Do you have an emergency fund? Do…
66: The Secret Life of Whole Life Insurance
Dec 7, 2018 • 30 min
In this episode, we ask: What is the history of Whole Life Insurance? Who are some notable personalities who have harnessed life insurance? How far back does life insurance go? What was a burial club? How does this affect widows and children? Who is John…
65: [Mythbusters] Diversification, You Keep Using That Word, I Do Not Think It Means What You Think It Means
Nov 30, 2018 • 26 min
In this episode, we ask: Do you find value in this podcast? Would you like to leave us a review on iTunes? Where are your eggs? Where is your basket? What is sophisticated diversification? Should you diversify? What does FINRA say about risk? Where did…
64: [Mythbusters] Buy Term and Invest the Rest
Nov 23, 2018 • 30 min
In this episode, we ask: What happens when people hear the words “life insurance”? How long does a death benefit last? What does Whole Life Insurance provide that Term Insurance does not? What is cash value? What about high commissions paid to an agent?…
63: Black Friday Ninjas
Nov 16, 2018 • 28 min
In this episode, we ask: Who do you know who would find value in this podcast? What is Madison Avenue known for? What are the stats for Black Friday? How much do people actually spend on Black Friday? Is the Black Friday revenue increasing? Are you…
62: #FIRE Extinguishers with Brandon and Amanda Neely
Nov 9, 2018 • 29 min
In this episode, we ask: Who are Brandon and Amanda Neely? Grandma’s Wealth Wisdom Podcast What is the F.I.R.E. strategy? What does F.I.R.E. stand for? How does one know they’re F.I.R.E.d? How do you calculate your freedom number? What are the pros of…
61: Help! My Universal Life Has Fallen, and It Can’t Get Up!
Nov 2, 2018 • 31 min
In this episode, we ask: Where do we start? Do you have one of these policies? What should you think through? Who to call? What are the questions to ask? 1. What are my current fees? 2. What are the maximum fees you can charge me? 3. Are there caps? Are…
60: The Top 10 Reasons NOT to Own Universal Life
Oct 26, 2018 • 39 min
In this episode, we ask: Should you keep or buy a Universal Life (UL) insurance policy? What are Universal Life (UL) insurance policies? What are the variations of Universal Life (UL)? Are Universal Life (UL) illustrated values over optimistic and…
59: You think your Whole Life is great? Mine’s Universal!
Oct 19, 2018 • 23 min
In this episode, we ask: Are you ready for a new way of thinking about your life and your money? What if there was a relatively new life insurance product that lets you share in a portion of the gains in the market and protects you from the market when it…
58: How to Be An Amazon Legend and Bank on Yourself
Oct 12, 2018 • 34 min
In this episode, we ask: What are people saying? How can being your own source of financing make you more competitive? Who is Danny Stock? What is Danny’s story? What challenges did Danny overcome? What happened when Danny met Mark? Who is going to…
57: Business Owners! You Are Already In the Banking Business
Oct 5, 2018 • 21 min
In this episode, we ask: What are people saying? What are the realities of the modern day business owner? How do entrepreneurs affect our economy? Who drives the innovations and the revolutions that we take for granted? What does Mark love about business…
56: The Truth Behind the Federal Reserve with Teresa Kuhn
Sep 28, 2018 • 31 min
In this episode we ask: Who is Teresa Kuhn? Where did her journey begin? What did Teresa find on her search for the truth? What book did Teresa find that changed her mindset? What did Teresa’s Dad say after reading four of her book suggestions? What did…
55: Banks vs. Mutual Insurance Companies
Sep 21, 2018 • 27 min
In this episode, we ask: What are banks? How do banks work? What happens when you put your money with a bank? Is a checking account safe? What about interest bearing savings account? If you put ten thousand dollars into the interest bearing savings…
54: Rules of Thumb for Taking Out a Bank On Yourself Policy Loan
Sep 14, 2018 • 28 min
In this episode, we ask: When are the appropriate scenarios for taking a policy loan? Are you thinking like a banker? Do you want your income to equal your premium? What are the rules of thumb? When should you use a policy loan? Would it take you more…
53: A New Perspective with Les Himel (Part 2)
Sep 7, 2018 • 28 min
In this episode, we ask: If compounding stumbles, do we gain or do we lose? What troubles has Les Himel experienced with Wall Street? What is macrodiversification? What is microdiversification? What about mutual funds? What about bonds? What about stocks?…
52: A New Perspective with Les Himel (Part 1)
Aug 31, 2018 • 33 min
In this episode, we ask: What has Les Himel learned in his 28 years on Wall Street? What are the myths of standard conventional wisdom? What are the rules of thumb we should always be able to rely on? Can you get 10% or more per year in the market? How…
51: [Toolbox] Does Buy and Hold work?
Aug 24, 2018 • 23 min
In this episode, we ask: Should you buy and hold index funds? Should you buy and hold ETFs? What is buy and hold? What did Einstein say is the 8th wonder of the world? Have you been influenced by this idea of buy and hold? Have you ever been told to “stay…
50: [Toolbox] Gaining from Financial Chaos and Disorder
Aug 17, 2018 • 29 min
In this episode, we ask: What is the opposite word for fragile? Have you read the book Antifragile by Nassim Taleb? What is fragile? What is robust? What is antifragile? What happens when harm is involved? Is there more upside or downside? Do we learn…
49: [Toolbox] How Banks Win (Hint: It’s not about the Rate of Return)
Aug 10, 2018 • 26 min
In this episode, we ask: Who is winning? Why are the banks winning? How much are we saving, according to the Economic Policy Institute? What’s the real, the median rate of savings for American families? Is $5,000 dollars enough for total family savings?…
48: The Secret 10/10/10 Formula – How Much Do I Need To Save?
Aug 2, 2018 • 31 min
In this episode, we ask: Is it possible that you’ve been told something that isn’t true? What is the 10/10/10 rule? What about 10 percent to short term needs? What about 10 percent to anticipated mid-term needs? What about 10 percent to long term…
47: Invest in Yourself
Jul 26, 2018 • 23 min
In this episode, we ask: How are YOU your greatest asset? Can you commit to investing in yourself? How do you help yourself build a larger income? How do you advance yourself? How can you be more disciplined? Do you pay attention? Are you depreciating…
46: Habit Shift
Jul 19, 2018 • 25 min
In this episode, we ask: Why do we do what we do? Who writes financial “infotainment” articles? Why aren’t finances commonly taught in school? Who are the guides along your path who are looking out for you? How do you take action with the information you…
45: Emotions and Money
Jul 13, 2018 • 30 min
In this episode, we ask: What do emotions have to do with money? Did you know that people spend more when they’re sad? Have you heard of tulip mania? How does shame or fear play into buying decisions? How does greed affect us? What about buy-and-hold…
44: Building a Portfolio of Bank on Yourself for the Whole Family
Jul 6, 2018 • 26 min
In this episode, we ask: How does the banker’s mindset change everything? What does a banker think about all day long? What is a “system” of policies? Why do bankers save cash? Do you remember Scrooge McDuck? When does the banker’s mindset go into full…
43: Life Insurance and Couples – A Commitment for Life
Jun 28, 2018 • 34 min
In this episode, we ask: How much should we put on each person? Should it be 50/50? 60/40? 0/100? Is the cost of insurance more expensive for two policies (instead of one)? Would it be cheaper to put it on the healthier partner? Would it be most efficient…
42: A Bank on Yourself Real Estate Investor Interview
Jun 22, 2018 • 35 min
In this episode, we ask: What drew Keith Usiak into real estate investing? When did Keith purchase his first house? second house? third house? What tips does Keith have for anyone looking into real estate investing? What is a real estate association? What…
41: Combining Bank on Yourself® with the Asset Class of Real Estate
Jun 15, 2018 • 28 min
In this episode, we ask: How does Real Estate work with Bank on Yourself®? How is this like combining nitro and glycerine? What does it take to combine real estate and Bank on Yourself®? What is OPM (other people’s money)? How does OPM affect your…
40: House Equity – The Money in the Walls
Jun 8, 2018 • 33 min
In this episode, we ask: What’s the definition of an asset? Is your home an asset or a liability? What’s the definition of a liability? Is your home an asset or a liability? Is your investment property an asset or a liability? Since we have to live…
39: Is Your Home an Asset or a Liability?
Jun 1, 2018 • 23 min
In this episode, we ask: How do you view your home? What were you taught about home equity? How does home equity play a part in retirement planning? Should you make an extra mortgage payment? Should you pay off your home on a 15 year mortgage? How much…
38: Another Word From Our Clients
May 25, 2018 • 26 min
In this episode, we ask: What are our clients excited about? Who is Christine? What did Christine see her family and friends go through? What was Christine’s first reaction when she heard about Bank On Yourself? How does Christine use her Bank On Yourself…
37: A Word from Our Clients
May 18, 2018 • 26 min
In this episode, we ask: What are our clients getting excited about? How have our clients been utilizing their Bank On Yourself solutions? How have our clients invested in Real Estate? How have our clients increased their income? How have our clients…
36: How Much Does That Truly Cost?
May 11, 2018 • 25 min
In this episode, we ask: How expensive are the different financial products? What are the most expensive financial products? Are you surprised to hear the commissions financial advisors receive? Why are most fees so hard to find? Is it a crime to be paid?…
35: Structuring Insurance: It’s All About How You Think
May 4, 2018 • 27 min
In this episode, we ask: What are the biases with insurance? What misunderstandings exist? What’s the truth? Why does anyone have a bias against anything? Where do we hear information? Is this information in line with reality? What about my family…
34: Shock and Awe: The Firsts
Apr 27, 2018 • 26 min
In this episode, we ask: Do you have a question on every single page of a new policy? How many pages are in your contract? What is the guaranteed values table on a life insurance contract? Wait, so you’re saying there are zero dollars in cash value the…
33: Bank On Yourself Loans & Getting Out of Debt
Apr 20, 2018 • 19 min
In this episode, we ask: Shouldn’t we pay down our debt first before doing anything else with our money? How did Pamela Yellen’s husband “make a profit” on his heart surgery? How can you reduce or eliminate your debt and increase your savings at the same…
32: How do Bank on Yourself Policy Loans Work?
Apr 13, 2018 • 32 min
In this episode, we ask: What is a life insurance policy loan? If I’m trying to be debt free, why go back into debt with an insurance company? Are life insurance loans just like a credit card or a mortgage? Isn’t a life insurance loan just like a personal…
31: How Do Bank Loans Work?
Apr 6, 2018 • 30 min
In this episode, we ask: What is debt? What are some of the common judgement calls about debt? What are some religious thoughts around debt? What did Solomon say about power? What is the year of Jubilee? Does debt lead to intergenerational slavery? Are…
30: Will You Pay Tax on the Seed or the Harvest?
Mar 30, 2018 • 20 min
In this episode, we ask: What is the “Rich People’s Roth?” Are there required minimum distributions (RMDs) on ROTH IRAs? What other elements make up a ROTH IRA? What accounts have contribution limits? What accounts can you contribute to tax free and take…
29: Tax Advantages with Bank on Yourself
Mar 23, 2018 • 23 min
In this episode, we ask: Is there someone at the IRS who you’re particularly fond of? Do you have more than one beneficiary on your IRA or 401(k)? What did we mention over and over in our last episodes? Are taxes likely to go UP or DOWN in 2025? What…
28: Hug Your CPA and your IRS Agent
Mar 16, 2018 • 25 min
In this episode, we ask: What is going on with the new tax law (the Tax Cuts and Jobs Act)? What’s new with personal taxes? What does the tax code encourage? Where are the tax breaks? How is the effective tax rate different from the marginal tax rate? How…
27: A College Degree from Bank on Yourself
Mar 9, 2018 • 20 min
In this episode, we ask: What does the Wall Street Journal say about qualifying for student aid? What is a 529 plan? How does it affect aid on the Federal level? When colleges set up their own aid? How do financial aid officers look at 529 funds? How do…
26: Paying for College? What are my options?
Mar 2, 2018 • 19 min
In this episode, we ask: If college aid is so complicated, why are we expected to do this on our own? Can an accountant help with college planning? How do I find a college funding specialist? How is paying for college like flying on an airplane? What’s…
25: Where Will I Get the Money for College?
Feb 23, 2018 • 24 min
In this episode, we ask: What are the four main sources of college aid? What does the Federal Government offer? What does a work study program offer? What about Stafford and Perkins loans? Who borrows money on these loans? Which loans require cosigning?…
24: How to Pay for College with as Little Out of Pocket as Possible
Feb 16, 2018 • 27 min
In this episode, we ask: If you have a sophomore in high school, how much will college cost for a 4 year public university? How does this affect your unique situation? What are the biggest concerns of college planning? What are the deadlines? What…
23: 3 Strategies for Becoming A Retirement Planning Expert
Feb 9, 2018 • 28 min
In this episode, we ask: How is “retirement” or receiving passive income like climbing a mountain? How many people make it up Everest? What is it like coming down a mountain? How do we take this finite amount of money and make it last for this unknown…
22: [Income in Retirement] What’s Your Magic Number?
Feb 2, 2018 • 20 min
In this episode, we ask: Is income important to you now? Do you see your future self as a stranger? How much do you need coming in? What is the first thing you need to do? What are your expenses? What income do you currently have? Do you qualify to…
21: [Income in Retirement] Streams of Income and Retirement Planning Gotchas
Jan 26, 2018 • 28 min
In this episode, we ask: What are the possible streams of income in retirement? What can you build up now, so you can rely on them later? Would you like passive income? What is passive income? What about passive income from Social Security? What about…
20: [Income in Retirement] So Easy! Even PhDs Can’t Figure It Out
Jan 19, 2018 • 28 min
In this episode, we ask: Does your birthday fall between 1946 and 1964? How much of the American population is in the Baby Boomer generation? Which Americans qualify for retirement? Are you ready for retirement? Will you have enough cash (for basic living…
19: [Toolbox] The Four Rules of Budgeting
Jan 12, 2018 • 27 min
In this episode, we ask: Do you need a budget? How much is in the bank? What reaction do you have to budgeting? How do you keep your budget fluid? How do you use a budget? How can you be successful with a budget? What is a state of flow? Are you single…
18: The Episode of Hope
Jan 5, 2018 • 26 min
In this episode, we ask: At your age? At that income? With that health problem? What if I don’t make enough money to start planning? How much should I save? How do you overcome the paycheck-to-paycheck cycle? When will you make the most income? Is whole…
17: A Tale of Two Brothers (Part 2)
Dec 29, 2017 • 26 min
In this episode, we ask: Fast forward 29 years – how’d it turn out for George and Sam? What are the long term effects of the decisions they’ve made earlier? How did Opportunity Cost, Liquidity and Interest work out for George and Sam? Who is DALBAR? What…
16: A Tale of Two Brothers (Part 1)
Dec 22, 2017 • 21 min
In this episode, we ask: Are you ready to join us fireside for a story? What opportunities bring interest, opportunity cost and liquidity together? As you listen to the parable of the two brothers, what do you notice? How are these twin brothers, George…
15: [Toolbox] Unlocking Cash
Dec 15, 2017 • 27 min
In this episode, we ask: What is liquidity? How do loans affect your liquidity? How does liquidity affect cash needs in an emergency? How does your rate of return affect all of your investments? How does detail orientation affect financial planning…
14: [Toolbox] It’s Time To Take an Interest in Interest
Dec 8, 2017 • 27 min
In this episode, we ask: What is interest anyway? What is the difference between compound interest and simple interest? How does compounding frequency affect an account? When is compound growth a problem? What did Albert Einstein say about compound…
13: [Toolbox] The Cost of Opportunity
Dec 1, 2017 • 24 min
In this episode, we ask: What is opportunity cost? How does it affect you? How does opportunity cost work? Small cost! What could a $5 cup of coffee today truly cost later? When does opportunity cost affect you the most? When you are younger or older?…
12: Our Stories with Money
Nov 24, 2017 • 31 min
In this episode, we ask: What did we get wrong? What did we get right? What is Holly’s story with money? What promise did Holly make to herself? What book influences Holly profoundly? What are Holly and her husband doing with their finances now? What…
11: The 401(k) – How’s That Working Out For You?
Nov 17, 2017 • 25 min
In this episode, we ask: Was the 401(k) meant to be the primary vehicle for retirement? Is there more risk early on in a 401(k) or toward the end or retirement phase of the 401(k)? How have the 401(k)s improved our retirement outlook? What guarantee does…
10: Your 401(k) – Who’s Benefiting the Most?
Nov 10, 2017 • 26 min
In this episode, we ask: Who are the parties involved in your 401(k)? What does each party receive? Are you serving pie at your party? How many dollars are in rotation in the 401(k) industry? On average, how many fees are in a 401(k)? What fee did Holly…
9: [Breaking News] Is It Time To Retire Your 401(k)?
Nov 3, 2017 • 27 min
In this episode, we ask: Why the buzz on the 401(k)? Who is Nobel Prize winner, Harvard University Professor Emeritus, Robert Merton and what is he saying about retirement plans? What happened to good, old-fashioned pensions? What is a 401(k) plan,…
8: The Bank On Yourself® Revolution and Pamela Yellen (Part 2)
Oct 27, 2017 • 31 min
In this episode, we interview Pamela Yellen, the author of the Bank On Yourself® Revolution. Here are some the questions we talk about: How financially literate are Americans? How many people have taken Pamela’s famous financial literacy quiz? What did…
7: The Bank On Yourself® Revolution and Pamela Yellen (Part 1)
Oct 20, 2017 • 28 min
In this episode, we interview Pamela Yellen, the author of the Bank On Yourself® Revolution. What is the Bank On Yourself® method? What does it allow? What are most people “banking” on? How can you become your own source of financing? What did Pamela…
6: Bank On Yourself® Engineering
Oct 13, 2017 • 28 min
In this episode, we ask: How nerdy can we be? What financial asset has increased in value every year for the last 160 years? Why, in the early 20th century, did 50% of Americans have their savings in life insurance products? Does your financial planner…
5: A Perfect Financial Instrument? Where Do I Start?
Oct 6, 2017 • 28 min
In this episode, we ask: How do we combat financial challenges? What needs to be in place? What characteristics must be present for a solid foundation? How do I protect my money? Where do I put money, when I need it for an upcoming purchase? How do we…
4: What is the Perfect Financial Solution?
Sep 29, 2017 • 23 min
In this episode, we ask: Does a perfect financial solution exist? What do you want your money to do for you? Where do you want your money to live? What did Mark learn in his research of financial products? What are our preconceived notions about money? If…
3: Will You Run Dry Before You Die?
Sep 22, 2017 • 23 min
In this episode, we ask: Will you or your partner live to age 93? What’s the rate of Health Care costs increasing in the U.S.? Are people working as long as they’re living? Where is it written that we have to money into vehicles that we can’t control?…
2: What Happened to Saving?
Sep 22, 2017 • 23 min
In this episode, we ask: What happened to saving? How many of American households are prepared for a $400 emergency expense? How many Americans are saving for retirement? What about credit card debt? What is the primary reason couples divorce? What’s the…
1: Has Wall Street and Retirement Planning Failed?
Sep 22, 2017 • 21 min
Welcome! In this episode, we ask: Has Wall Street and Retirement Planning Failed? Who is Mark Willis? Holly Bach? Katrina Willis? How much did Wall Street really make over the last three decades? How much did the average investor in equity mutual funds…