In this episode of Loral’s Real Money Talks, I share insights on how I’ve maintained millionaire status for 25 years across multiple industries. I break down strategies for building wealth beyond a traditional job, including setting up a financial infrastructure that minimizes taxes and maximizes returns.
Using a real listener question from Matt, I dive into the value of diversifying income, leveraging corporate structures, and pulling equity from assets like your home. Whether you're single or managing a family, I offer practical advice on building a financial foundation, integrating a wealth team, and setting up systems that help avoid costly tax mistakes.
Tune in to learn how to shift from fixed income to financial freedom.
Loral's Takeaways:
- Intro (00:00)
- Matt's Question and Initial Advice (01:23)
- Building Financial Infrastructure and Diversifying Income (02:07)
- Real Estate and Business Investment Strategies (02:38)
- Service-Based Businesses and Marketing Strategies (08:22)
- The Importance of a Team and Financial Education (12:01)
- Credit Building and Corporate Credit (13:51)
- Diversification and Accreditation (17:17)
- Final Advice and Encouragement (19:29)
Links Mentioned In The Episode:
- Master Affiliate Links - https://askloral.com/affiliate_resources/
- Skillset Analyzer - https://shopintegratedwealthsystems.com/products/754937?_pos=1&_sid=7357e05ec&_ss=r
- TMI - https://askloral.com/event
- RMS - https://askrms.com/
- MM eBook - https://askloral.com/mm
- Call in - 775-588-9200
Meet Loral Langemeier:
Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.
Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.
The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.
She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.
Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.
She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment.
Links and Resources:
Ask Loral App: https://apple.co/3eIgGcX
Loral on Facebook: https://www.facebook.com/askloral/
Loral on YouTube: https://www.youtube.com/user/lorallive/videos
Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/
Money Rules: https://integratedwealthsystems.com/money-rules/
Millionaire Maker Store: https://millionairemakerstore.com/
Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/
Integrated Wealth Systems: https://integratedwealthsystems.com/
Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates
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