The Infinite Wealth Podcast

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In todays episode we discuss one of the most common questions we get from parents.... "Should I have a policy on my kids?" Anthony and Cameron share their own experiences with owning policies on their children and dive into the pro's/con's of funding a policy vs funding a 529 plan for college (and beyond). We hope you enjoy this discussion and look forward to answer YOUR questions. Should I have a policy on my kids? Owner, Insured, Beneficiary Tax implications of GIVING your child a policy "Educational Savings Plan" vs. 529 Plans Pro's/Cons of Cash Value Life Insurance How to use IBC to teach our kids about money Project Nintendo Switch Check our on-line course at www.InfiniteWealthCourse.com Resources: Eight Perspectives on Prosperity Economics

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Today we interview Liz Nowlin from Mid-South Home Buyers as we discuss Turn Key Real Estate. She explains what Turn Key Rental Properties are and why they are a great option for investors looking to create passive income. She highlights the process Mid-South goes through from finding a house, fixing it up, finding a tenant and ultimately managing it for their clients. Additional topics include: -Liz Nowlin with Mid South Homebuyers explains what turnkey real estate investments are? -Liz discusses how to shop for turnkey investment properties, regardless of the market your investing in -What to look for in a reputable turnkey provider? She provides 19 due diligence questions that every investor should be familiar with when looking for a reputable turnkey provider. -Liz provides insight on what new investors are typically focused on vs what experienced investors focus on and how they analyze properties. -What types of markets are turnkey properties found? -She discusses the systems they have in place to work with clients all across the U.S. as well as 17 different countries Check our online course at www.InfiniteWealthCourse.com Resources: Liz Nowlin's Bio: https://midsouthhomebuyers.com/meet-our-team For more information, you can email Liz: liz@midsouthhomebuyers.com To find out more about Mid South Homebuyers, visit: https://midsouthhomebuyers.com A list of the Due Diligence questions referenced in the show can be found: https://midsouthhomebuyers.com/due-diligence

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our online course at www.InfiniteWealthCourse.com In this episode we are reviewing pages 19 – 20 of Nelson Nash's Becoming Your Own Banker titled "How to Create a Bank Like the Ones We already Know" Ideas discussed include the following: How Banks work on a community level....where do they get the money they lend? Bank of America Example Regardless of what industry you are in...you also need to be in the banking business To understand the concept of Infinite Banking there are two functions you must spend some time learning: How banks make money Whole Life Insurance Contract: The best place to store cash

Are you worried about getting sued and losing your assets to creditors and predators? Each state has some level of asset protection for the cash value of your life insurance, but what about your investments, your business, and your home? This episode is from a webinar we did with attorney Robert Bolick to discuss how you can protect just about all of your assets. Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com On today's episode we interview Sarah Brown, with Pinnacle Franchise Development. Sarah has tremendous insight that she's able to share with our listeners as she has owned her own Franchise, worked as a franchise Broker and Consultant and currently she oversees Franchise Development for two national brands. A list of the topics covered in this are as follows: Who buys franchises? What is the biggest misconception of owning a franchise? How passive are franchises? What type of experience is necessary for a franchisee? Spectrum of Franchise's: Retail - Service If someone is interested in franchise ownership, where should they start? Best due diligence practices Retail vs. Service Franchises Serial Franchisors Franchises: Millennials and Gen X How does a recession affect franchise ownership? Resources mentioned: SBA - Business or Franchise? Differences and benefits and downside of each: SBA - which type of business should I buy? SCORE - Volunteer Counselors and classes: SCORE - Find a Local Counselor IFA (International Franchise Association): Largest Trade Organization for Franchising: IFA Website Franchise 500: Entrepreneur.com's List of Franchise Rankings: Entrepreneur.com Franchise 500 Franchise Dictionary - Rankings and good online resource: Franchise Dictionary Gamechanger Franchise Consultants/Brokers - help find the right franchise - FranNet is a Franchise that helps people find the right franchise or determine if franchising is correct for them: FranNet Find your Local Consultant FBR (Franchise Business Review): Rankings and resources: FBR ROBS: https://www.irs.gov/retirement-plans/rollovers-as-business-start-ups-compliance-project

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Is IBC a Scam? A CPA's Perspective http://bit.ly/isIBCaScam Nelson Nash documentary http://bit.ly/NelsonDoc Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

What this episode is about: In this episode we discuss the Hierarchy of Wealth which is a blueprint for how you should build wealth. We will discuss which account is best for storing your opportunity fund and we discuss what banks say you should do with YOUR money versus what they do with THEIR money. Abraham Maslow was a psychologist in the 40's and 50's and was well known for his Hierarchy of Needs model. This idea states that a lower level must be completely satisfied and fulfilled before moving onto a higher pursuit. We apply Maslow's framework to money in a model that we call The Hierarchy of Wealth. This model is made up the following four tiers: Tier 1: Cash/Cash Values Tier 2: Control Tier 3: Collateral Tier 4: Speculation When people begin saving money where are they told to begin: Tier 1 or Tier 4? Cameron and Anthony discuss why people begin saving in Tier 4 and ask if it makes sense? Mentioned in this episode: https://www.barryjamesdyke.com/the-pirates-of-manhattan https://www.amazon.com/Myth-Revisited-Small-Businesses-About/ How to save 20% on your lease – YouTube Video WL compared to an investment account – YouTube Video Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com