In today's BetterWealth episode, Dom and I address how to properly structure a whole life policy. While most financial influencers, such as Dave Ramsey, think life insurance is a horrible place to put your money, I share with you why I agree but why I also know that a properly structured policy is night and day difference. Listen as Dom and I talk about the power of a properly structured whole life insurance policy. Be sure to join us on YouTube as we demonstrate with numbers three different policies structures. Listen as we describe the difference between a poorly structured policy and a properly structured policy. #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast, visit us at www.betterwealth.com/podcast.Episode Links & Resources: https://www.betterwealth.com/vault #BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I interview Mario Torrez, Firefighter/Paramedic from Phoenix, Arizona, and BetterWealth client, who talks about his challenging upbringing and home life, and struggle with substance abuse since the young age of 13. After losing his family and barely hanging onto his career, Mario embarks on his personal journey of sobriety, invests in finding himself, and begins immersing himself with financial knowledge, including The And Asset.  With a renewed sense of purpose and inspiration, Mario creates ways to help others through business ventures and partnerships. Listen as Mario shares his story of turning his life around from rock bottom to thriving.#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Guest Bio: I am Mario Torrez I am 30 years old. I’m a native from Phoenix, AZ. I have 4 children. 8-year-old daughter, 3-year-old son, 2 identical twin girls 17 months old. My current full-time career is a Firefighter/Paramedic with the City of Phoenix. I have had a Life Insurance Policy with Ohio National Life Insurance and applying IBC since September 2020 and been a BetterWealth member since September 2020 as well. I grew up in a broken home and lived with my sister and mom in Washington State. I grew up without my father most of my young life. He came back into my life and I moved back to AZ with him back in 2001 and have stayed out in AZ ever since. I’ve struggled with substance abuse since the age of 13. 2019 came and my family left me and I almost lost my career as a Fireman. At the age of 28 I got sober through Alcoholics Anonymous and various treatment programs. I lived in Sober Living for approximately 1 year. 2020 came around and I started to feel discontent with my role as a firefighter and realized I hadn’t made amends with myself. I went on a spiritual journey to discover my purpose in life again. I was not allowed to be apart of my twin daughters life at the time and was in litigation with the mother of my kids since I did not have 50% custody of my kids. After my journey I decided to open up a sober living home and October 2020 is when I obtained a property and started working on the project. Currently New Method Sober Living is ranked #2 in Phoenix. We are currently converting New Method to a Behavioral Health Residential Treatment Center starting June 1, 2021. Safe and Sound Transitional Living is a Non-Profit established in October 2020 as well. We are opening our first sober living home for men June 1st 2021. I have also started a Real Estate Business called Impact Capital LLC this year 2021 focusing on rental properties, JV deals and consulting. Guest Links: Safe & Sound Transitional Living https://safeandsoundliving.org/ New Method Healing Center https://newmethodsoberliving.com/ #BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I share with you a training I had with a group of agents as we dove into the second section of the AND Asset. Listen as I share my perspective on section two of the AND Asset book: Compounding & Control.#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Episode Links & Resources: Check out the AND Asset Vault: https://www.betterwealth.com/vault #BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I am joined by Dominic Rufran as we talk about the AND Asset and get into the nitty gritty of what happens when lapsing your policy. The policy is a contract between the company and the owner, both people are contracted to uphold specific requirements. Listen as we talk about the details of ways you can have your policy lapse, the tax implications, premium payment deadlines, and other options you have regarding your policy. It is extremely important in the end to really understand the value of life insurance and the long term benefits of your policy. Go check out the AND Asset Vault https://www.betterwealth.com/vault #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Episode Links & Resources: Go check out the AND Asset Vault https://www.betterwealth.com/vault #BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I had the pleasure of welcoming back to the show, Harry Stout published author and former senior executive for several of the nation's largest annuity companies. Be sure to check out my first episode with Harry in the show notes below. In this episode Harry shares with us his wealth of knowledge on the subject of Annuities. Annuities are a misunderstood and underused financial tool.  Consumers don’t understand them but should.  Americans in or near retirement are facing an income crisis and are scrambling to generate predictable cash from their accumulated assets.  There are few, if any, places to look to generate lifetime income streams.  Research has shown that consumers overlook annuities because they don't understand the products.  They don't understand how to use these products to create protected lifetime income. In his new book, The FinancialVerse:  Today's Annuities − A Tool to Create Protected Lifetime Income, Harry N. Stout takes his over twenty-year experience in the global annuity industry and presents an objective text to educate consumers on the ins and outs of how to use annuity products in income planning and to address longevity risk.  The book provides a clear roadmap on key consumer questions and concerns surrounding annuity products including:What Are Annuities and How Do They Work?The Core Benefits of AnnuitiesAnnuity Income Tax Benefits and NegativesAnnuity Product TypesWhy Buy An Annuity?The Major Positives and Negatives to Buying AnnuitiesHow Much Income Should I Plan For?Financial Strength Behind the ProductsWhere To Buy and The Buying ProcessYour Next Steps The book can be ordered at financialverse.com/annuity and through Amazon and major national book distributors.#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Episode Links & Resources: Episode 296: How To Increase Your Personal Financial Literacy with Harry Stout https://youtu.be/B4DzqF-tfSw Guest Bio:  Harry N. Stout is a published author and former senior executive for several of the nation's largest annuity companies.  He is a past director of the National Association for Fixed Annuities (NAFA), the Life Insurance Marketing and Research Association (LIMRA), the Financial Services Council of Australia and the Insurance Marketplace Standards Association. He has over twenty years of practical experience in all aspects of annuity products.  A certified public accountant by training, he has industry experience in the U.S. and abroad.  He is acknowledged as a national annuity thought leader and has written for numerous financial publications and participated in national media of all types.  You can visit www.financialverse.com for more information about Harry and subscribe to his free twice weekly MoneySavers blog at www.financialverse.com/blog.Guest Links: Get a copy of Harry’s book: The FinancialVerse:  Today's Annuities − A Tool to Create Protected Lifetime Income https://www.financialverse.com/annuity #BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I share with you a training I had with a group of agents as we dove into the first section of the AND Asset. Listen as I share my perspective on section one of the AND Asset book: The Wealth Equation.#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.#BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I am sharing with you a clip from an episode I had done with Dominic Rufran and we discuss the question we get all the time “how much can I contribute to my AND Asset?” I specifically wanted to share this clip again as it’s own episode because it is misunderstood on the reasons and process that determines contribution amounts for each individual person. Listen as we discussed the criteria for determining how much you are able to contribute by human life value, cashflow and health. I also compare the underwriting process to a bank loan for a house and breakdown the principle behind why there are contribution limits. #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.#BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

Episode Description: In today's BetterWealth episode, I had the great honor of interviewing a dear friend, MItchell Earl, COO at Praxis and author of Don't Do Stuff You Hate. Praxis is a college alternative 12-month program that matches ambitious, hard-working young adults with full-time, paid apprenticeships at growing businesses. Listen as Mitchell and I talk about why college isn’t the right tool most people need for the outcome they want. Most college students rarely walk away with doing college correctly, by identifying the outcome they want and spending their money and time to obtain those goals. Most students walk away with crippling debt, a job that wasn’t what they got their degree from, and years of time spent in a classroom rather than building work experience. Listen as Mitchell shares why Praxis leads with the goal to give students an alternative route to college where they go into a program specifically designed to meet their desired needs and desired outcomes and coming out with more work experience, skill training and a job that pays more than the money they spent for their education. Mitchell also shares with me what makes students successful in college or the academic setting and why alternative options like Praxis help develop better success today in the workforce. I also ask Mitchell to discuss his money 101 philosophies. Listen as he talks about the mindset of capturing value. If you are interested in giving your child a different alternative to college Mitchell has graciously offered several amazing resources and a scholarship opportunity by checking out Praxis here: https://discoverpraxis.com/betterwealth/ #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.#BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

In today's BetterWealth episode, I pull out two clips that I did while answering a few questions regarding the AND Asset. Listen as I talk about who the AND Asset is for and why you should work with BetterWealth. We are the ONE-STOP-SHOP for everything AND Asset, so check out our resources at https://betterwealth.com/vault.#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.#BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor

The exotic CPA!In today's BetterWealth episode, I welcome the newest member of the BetterWealth Team, Trevor Ward, CPA who has joined our team to help me in our business development side of the company.  Listen as Trevor talks about how he met the team and how he became a pivotal part of helping our company grow and push our message out to more people!Trevor talks about his love for financial planning, his take on opportunity cost and the impact that has had on his life and mindset of money. #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.#BetterWealth📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity📕 The And Asset Book: https://bttr.ly/book💸 BetterWealth Quiz: https://bttr.ly/quiz👪 AndAsset.com: https://bttr.ly/andasset🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor