Understanding Net Wealth Finance In personal finance, it can be difficult to find foundational strategies to help individuals secure their financial future. We coined the term Net Wealth Finance to more accurately describe this powerful approach. Net Wealth Finance transcends the traditional terms like “Infinite Banking Concept” and “Bank on Yourself”. It offers a clearer,…
Oldest Son looking forlornly at his plate: We need to go to the Goat Lady. We have too many vegetables. Me: Eat your dinner A regular conversation whenever we visit my parents in “farmville” New York Introduction: Owning and maintaining a farm is not just a livelihood; it’s a way of life. However, farming comes…
This may be an odd quote to choose to open up with for discussion of a beneficiary… “I had an inheritance from my father, It was the moon and the sun. And though I roam all over the world, The spending of it’s never done.” Ernest Hemingway, For Whom the Bell Tolls A famous wartime…
Anne: Honey, mommy ran out of wipes while changing a diaper. Can you be my helper and grab some for me? Younger Son: I like swords! Anne: I can’t wipe baby’s butt with a sword. Please get me wipes? YS: A hammer? Anne: No, thats not the right tool for this. I need wipes. Please…
Younger Son: That?!?! Me: Thats a goat. YS: Alive??? Me: Yes. Its alive. The farmer takes good care of it. YS whispers loudly: Forever Me: Well… for a long long time, yes. Thats his goat. He loves his goat. Son meeting a goat for the first time Life insurance is a powerful tool that provides…
Carlo: I’m going to buy a boat. Anne: Why in the world do you want to buy a boat? Carlo: The way we’ve set up our life insurance policies, we will retire with quite a bit of retirement income. SO, we should retire on a boat, live off our policies income, and sail the world!…
Net Wealth Finance is the term we came up with to describe funding cash value life insurance to build long term wealth. There are many other names for this. The most common name is the “Infinite Banking Concept.” There are many reasons why we prefer the term Net Wealth Finance, which we will save for…
If you are not paying attention to the Silicon Valley Bank collapse, you should be. This applies even if you are not a technologist or financial fanatic like myself. This post is intended to walk through how this collapse could have rippling effects across every business sector and how people might mitigate damage and capitalize…
