BetterWealth with Caleb Guilliams

In today's BetterWealth episode, I talk about why I agree with Dave Ramsey on Life Insurance being a bad investment…. For some!  Going back to the archives I have pulled out a clip I did during a Q&A session on the Podcast LIVE last year and I wanted to bring this topic backup again. Dave Ramsey is speaking to an audience of people in debt, who need to cut up credit cards, stop spending more than they make and that is a good thing, in which I have a lot of respect. However, for those who want to get wealthy and develop principles for building wealth, Dave Ramsey is wrong. Again, I agree with Dave that life insurance can be a bad investment for some, and it can be a bad investment when it is not set up or used properly, but his principles are big roadblocks for building wealth. #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 have a very special guest joining me for the second time on the show for an incredible announcement. Jayson Lowe my friend and business partner in Canada is joining me to announce the launching of our co-written book “The AND Asset For Canadians” is out and ready to order! This episode highlights the journey of the book, but also has a deep message from Jayson about his story and the “Why” behind how he serves clients in Canada. Listen as Jayson talks about the incredibly touching story as a young boy watching his parents struggle and stress about money. Jayson describes how his experience connects to the households today filled with stress, arguments, and division over money and why his passion and focus is to  help “service others and find a better way!” As we talk about the concepts in the book, Jayson shares his favorite key points: control and compounding.  While the book is filled with incredible financial mindset and strategy Jayson and I talk about the importance of understanding intentional living and life abundant. Be sure to check out the new book “AND Asset For Canadians”!Get your own copy of “The AND Asset for Canadians” - www.andasset.ca #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Guest Bio: Jayson Lowe is the founder of Ascendant Financial Inc., a highly regarded coach, speaker and advisor to individuals and business owners nationwide. Jayson leads a Team of Professionals, highly sought after for their expertise and commitment to the process of Becoming Your Own Banker, developed by the late R. Nelson Nash. This is evident in all areas of Ascendant Financial and its successful process, which works to help People achieve financial prosperity in both their personal and business lives. Jayson also works closely with Accountants, Lawyers, and Strategic Partners to provide unique and unrivaled solutions that maximize our Client’s wealth.He is recognized as one of Canada’s top overall Advisors, author of several publications, and co-author of The Bankers’ Secret, a Simple Guide to Creating Personal Wealth for Canadians. Jayson has delivered hundreds of presentations to the general public, appeared on countless stages and interviews. He is internationally recognized as one of the leading educators and implementers of Becoming Your Own Banker, The Infinite Banking Concept.Guest Links: “The AND Asset for Canadians” - www.andasset.ca #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

Teens that are dominating money literacy and financial freedom!In today's BetterWealth episode, I have the honor of bringing to the show three incredibly inspirational people to the show, Jacob, Terry and Dani who are all younger than 20 years old and run the popular blog Teen Financial Freedom. I have begun to work with Teen Financial Freedom in starting their podcast which has just recently started and they are crushing it. They are teens on fire, proactive and they are leveraging incredible value in the financial industry. Listen as we talk about their stories, their goals and their incredible wisdom in money, wealth mindset and their passion for educating their peers in financial literacy and financial freedom. Check out these incredibly inspirational teens!Check the team out here at https://teenfinancialfreedom.com/ .#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Guest Bio: JacobHi, my name is Jacob and I am a 18-year-old located in Colorado. I love the outdoors, particularly, skiing and hiking in the mountains. And of course, I enjoy spending time with family and friends. I’m a freelancer working on Fiverr and an entrepreneur with many businesses. I’ve been an active member of my local FBLA chapter, participating and placing among the top positions at state for my business plans. I have a passion for business and finance and I love to share it with others! That’s why I created this blog, to help other teens achieve financial freedom now and for the rest of their lives!TerryMy name is Terry and I am a 17-year-old based in the good ‘ol state of Kentucky. About three or four years ago I was introduced to the world of finance and have been obsessed with it ever since. As of late, my focus has been on investing (some in cryptocurrencies), working my first part-time job, starting my first semester of college in the fall of 2020, and attending as many business events and seminars as I can. Some of my other interests include archery/the outdoors, cello, and spreadsheets (only money ones though, lol).DaniMy name is Dani and I am a 14-year-old in the Bay Area, California. I am interested in psychology, business, personal development and writing. To improve these skills, I like to take online courses, read many books, and connect with people like myself. I am always ready to learn more so that I can become a better version of myself. Other than that, I enjoy playing tennis, spending time with friends and family, working out and reading. I may only be 14, but I have big plans for the future! Guest Links: Teen Financial Freedom https://teenfinancialfreedom.com/ Teen Financial Freedom Blog https://teenfinancialfreedom.com/blog/ Teen Financial Freedom Podcast https://teenfinancialfreedom.com/podcast/ Teen Financial Freedom Resources https://teenfinancialfreedom.com/resources/ #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 talk about the framework of efficiency and why this should be the most important metric. Getting the output efficiency is eliminating wasted resources. We can’t know how to make something more efficient if we don’t know what we want and where we want to go. It is impossible to be efficient if you don’t know where you are going. Listen as I share the mindset of efficiency and why there are no specific steps for making your life and finances more efficient. I share with you an example of efficiency using just my cell phone and how this simple piece of technology has made peoples’ lives and why the mindset of efficiency and why it is the best metric. #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 joined by Dominic Rufran, AND Asset Specialist, and we talk about the 4% Guarantee On Life Insurance and the truth. Listen as we describe why it isn’t fully 4% and why we have to fully understand the dividends and how the company really works with the guarantee. Listen as Dom and I are completely transparent about the 4% guarantee and the ACTUAL rate of return might be 2%. Dividends and guarantees can be half truths and deceptive! Listen as we discuss why it is important to have clarity on the outcome so we don’t become focused on a metric that may or may not translate to an income we really want. #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 have the pleasure of bringing back Rachel Richards, author of “MoneyHoney” and who is joining me in the studio as we talk about passive income! Rachel shares with us her book “Passive Income Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence.”  Listen as Rachel shares her story of becoming financially free at 27 years old and why her methods are not in the “traditional” way of financial planning. Rachel and I discuss the true definition of passive income, we discuss the different methods of building passive income that are in her book, and we even discuss my issues with the word passive. If you haven’t listened to Rachel’s first episode with me be sure to check out the links below. For more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Episode Links & Resources: Why Savings Is Your Biggest Leverage To Financial Freedom with Author Rachel Richards https://www.youtube.com/watch?v=WEfayXAnrQM Check out Rache’s book “Passive Income Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence” - https://amzn.to/33Hoc1v #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

Warren Buffet is sitting on over $145 Billion in CASH….In today's BetterWealth episode, I talk about Warren Buffett and Naval Ravikant and the golden rule “Those who have the gold make the rules.” People of influence like Warren Buffett are making things happen usually because they have control over their time and access to great capital.  How did they create their wealth? Listen as I talk about why entrepreneurs and those growing wealth have a better understanding of control and leverage. Successful people have a cadence of patience for the future, and with their access and control of capital they tend to capitalize on growing their wealth even more when the opportunity presents itself. Naval Ravikant in his book “The Almanack of Naval Ravikant” and his quote “If you are willing to bleed a little every day you may win big later.” Are we positioned in a way that we can take action on something that will change our lives in the future. The principle of waiting isn’t something we are conditioned to, and we are driven by a “Fear Of Missing Out - FOMO” and yet the principles of growing wealth aren’t contingent just on an economic market but a mindset of control and leverage. #BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Episode Links & Resources: The Almanack of Naval Ravikant - https://www.navalmanack.com/ Naval Podcast - https://podcasts.apple.com/us/podcast/naval/id1454097755 #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

Controlling Money Is Far More Important Than Paying Interest RatesIn today's BetterWealth episode, I am joined by Dominic Rufran, our And Asset Specialist as we ask the question “Should you or should you not buy your vehicle using life insurance?” Watch as Dominic and I walk through a visual example of when buying your vehicle with life insurance would make sense and when it wouldn’t make sense. Listen as we walk through the philosophy and principles you need to consider when and how you plan on buying a car. #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

I want to respect money!In today's BetterWealth episode, I am joined by Brad Heart, trader, investor, author and entrepreneur. His company Make More Marbles is inspired by the game “Hungry, Hungry Hippo” and the idea that wealth isn’t about the scarcity of marbles, but rather about the ability to make more marbles. Listen as Brad shares his story of discovering the power of wealth through his Grandpa’s finances. Brad talks about his journey and experiences through finances, wealth building and masterminds. Listen as we talk about the “AND Asset,” debt and Dave Ramsey, Bitcoin/Crypto Currency, Assets & Liabilities and the wealth building mindset. We also discuss Brad’s new heart book “The 8 Minute Money Manager” be sure to check it out at https://amzn.to/3eTwsjX .#BETTERWEALTHFor more information on BetterWealth or the content you hear on the Podcast visit us at www.betterwealth.com/podcast.Guest Bio: Brad is a founding member of the Knowledge Broker Blueprint (KBB) speaking/training team led by Tony Robbins and Dean Graziosi, a self education movement which has helped tens of thousands of people to launch their own masterminds. Make More Marbles, Brad's company, is a top ten affiliate partner (#8 out of 5000 affiliates) for Tony and Dean as well. Build A Mastermind (or BAM for short) is Brad’s favorite initiative, helping entrepreneurs to add $100k+ to their businesses in profit per year with only 5-10 hours a month ongoing time commitment.  He is a graduate of Binghamton University where he received a BS in Biology and rowed on the Crew team, as well worked as an EMT. Brad grew up in New York and now lives in San Diego, California. The Make More Marbles Team and extended family of clients comprises folks from all over the world, just like you who want to generate, grow and give more money, based on your values. Guest Links: “The 8 Minute Money Manager” by Brad Hart https://amzn.to/3eTwsjX Check out more on Brad and his new book: http://8minutemastermind.com *Freebee’s offered http://8minutemoneymanager.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

What is the cost of paying cash?In today's BetterWealth episode, I share with you two shorter videos I did a while back that demonstrate the power of opportunity cost. It is important to understand that whatever decisions we make today, there are always short term and long term effects. When we make the decision to transfer our money to purchase something such as a car, house, coffee, clothes, etc. there are long term effects. Once you transfer that dollar you are giving up what that dollar could be doing for you the rest of your life. In this episode I show you the effect of opportunity cost as I use an example using a program called Circle of Wealth. Watch as I look at two different examples. The first video is on opportunity cost and the thousands that can be lost over time when buying a car with cash. I also share an example of three types of people, the debtor, the saver, and the wealth creator and how the purchasing mindset, as well as, the short term and long term consequences.#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