Wealth Talks
With a special emphasis on finances we talk about things that create wealth in your life. It's like a dinner table conversation once a week.
- Update frequency
- every 7 days
- Average duration
- 23 minutes
- Episodes
- 537
- Years Active
- 2015 - 2025
What Will They Remember When Youre Gone
If you die in some unnatural, extreme way many people will hear about it. Falling over the Grand Canyon railing and slithering to your fate will probably get you an honorable mention in a news story.…
Money and Relationships
Money issues are the most cited source for divorce. Yet, even with such dire consequences, 49% of Americans admit they have lied to their partner about money. Having the correct attitude towards mone…
How to save more in 2023
In our rapidly changing era, saving and preparing for tomorrow has never been more important. But saving in today’s world can be difficult, especially where cost of living is high such as in New York…
Is there a problem with IBC?
When the Infinite Banking Concept (IBC) was first discovered, many insurance companies were fine with their agents selling policies designed for IBC. Some even went out of their way to recruit such a…
Don’t bite the dust!
“You can beat him, you can cheat him, you can treat him bad and leave him...” Queen explained in their hit song Another One Bites the Dust. A lot of dust gets thrown around in the insurance ring, som…
Why, Why, Why?
Why do you go to work? Why do you help other people? Why do you save money for the future? Do you work only to finance a lifestyle, or establish a comfortable retirement? Do you help people only bec…
Fungibility
What is fungibility? Is it mildew? Is it mushrooms? Is it the blue green spores growing on the 3-week-old half sandwich at the back of the fridge? Or perhaps the whiteish green carpet spreading over …
What Happens When Insurance Companies Fail?
We just watched two big banks fail - Silicon Valley Bank (SVB) and Signature. Bank failures happen quite frequently, but the failure of SVB and Signature heralded the largest bank failures since 2007…
Are you a victim of gaslighting?
We’ve been gaslighted a lot by our government over the last few years. Remember how often we were told “Follow the Science” or “Don’t question the Science”?
Of course, questioning the science should …
Do you need more life insurance?
Many people don’t understand how much they need life insurance. Many people are pitifully under insured while some don’t have any insurance at all! Forget about the many living benefits life insuranc…
Would you use your cash value like this?
Would you use your cash value to become a pilot? Start a business? Buy a vacation home? What would you do if your home was flooded? Or if someone drove through your front window? Or if you lost your…
Many people don’t know this
Some people only have life insurance to provide a death benefit. Many of them never realize life insurance can provide benefits while they are still living. This is sad because using the life benefit…
Hidden dangers in...?
Just because marketing doesn’t discuss the dangers of a product doesn’t mean there are none. The strong, tough Marlboro man advertisements certainly didn’t portray the sufferings many smokers experie…
Can you get a higher Social Security payment?
Many people aren’t aware they can get a higher social security payment in retirement. Depending how you file, you may be able to increase your social security benefits by 8% a year (up to 32%/year ov…
Time Value of Money
Does steak actually cost more when it goes on sale? When you save money are you actually losing it? What does time value of money mean anyway? Today on Wealth Talks, Tom, Michele and John are in the …
Overpaying Taxes Could Hurt You
Overpaying taxes is often seen as a smart strategy. Not only does it keep you out of trouble with the IRS, it’s also a nice surprise to get the refund check in the mail. But overpaying taxes may hurt…
Be Careful with the Product
IUL has been the shiny yet dangerous toy in the insurance world for some time. Having enjoyed a period of wild popularity, IUL is starting to come under attack. Although many have spoken out against …
The 10-20-70 Rule: Pay Yourself First
Elaborate plans and complex formulas sound grand and can even make great sense. But simple is usually easier and if it’s easy, it tends to get done. In this episode you will learn about the 10-20-70 …
Plan for your success in 2023
Many people set new goals for the new year, but sadly, many people will never make those goals because of poor planning, or even worse, no plan at all. Do you have a good financial plan? This is an e…
Will having a child cost you $225,000?
Researchers estimate raising a child will cost you 225,000 dollars! This cost does not include any private education, or a college degree... perhaps it isn’t surprising that Americans are having less…