The Biblical Wealth Podcast

Controlling my money outweighs maximizing my money.   This episode is all about savings.  How much do you need?  When can you "stop" saving and start investing.  And what types of accounts are best for saving and investing.   This episode is great for both beginning and more advanced investors.  
 
Questions Answered:

• How much savings do I need?  
• What’s the difference between a Self-Directed IRA and a Solo 401k.   
• I know I want to avoid tax deferral; does it make more sense to invest in a Roth or Non-Qualified?  

Click here to find all the resources from The Biblical Wealth Podcast.

Ep 38 What's a self-directed IRA?

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Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/


Sign up for a free Biblical Wealth Coaching call by visiting
www.biblicalwealthsolutions.com/freecall

Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/

Submit your questions to www.biblicalwealthsolutions.com/askjared 

In this episode I answer a question from someone who retired ten years ago at 45, but is now struggling to handle increasing expenses and a market downturn affecting her investment income.  

This question provides a valuable lesson about the impact of market volatility during a time we're "living off investments".  

Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/


Sign up for a free Biblical Wealth Coaching call by visiting
www.biblicalwealthsolutions.com/freecall

Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/

Submit your questions to www.biblicalwealthsolutions.com/askjared 

In this episode, we’re discussing the benefits and strategies of having a permanent death benefit.  And we answer the big question: “Why would I want to pay more now for a permanent death benefit?

This is a unique conversation on whole life insurance because we are excluding the cash value from the conversation and focusing on the death benefit asset.  

If you’ve ever wondered why anyone would want to purchase whole life insurance, this episode is a must-listen.  

We discuss three reasons why it is an advantage to own a permanent death benefit:

1. Due to the problems of the typical approach, many families need income protection longer than expected.
2. The death benefit can be used early in the event of a long-term care need or a terminal illness.  This can help protect other income-producing assets and possibly help families avoid the high expense of conventional long-term care insurance.
3. Having a permanent death benefit can increase the income we are able to have from all of our investments and other assets.  You’ll need to listen to this one to understand.

View the Family B spreadsheet mentioned in this episode to see how Family B invested half as much as Family A, but still ended up with more money by eliminating volatility and fees.  

How you can take action: 

Click here to find all the resources from this episode and The Biblical Wealth Podcast.

If you have any questions we’d love to hear from you at [email protected]. 

Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/


Sign up for a free Biblical Wealth Coaching call by visiting
www.biblicalwealthsolutions.com/freecall

Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/

Submit your questions to www.biblicalwealthsolutions.com/askjared 

I’m excited to announce the upcoming launch of Biblical Wealth Investments.   After several years of helping investors use non-Wall-Street investments, I’ve learned a thing or two and the time has come for me to take a more active role in this process.  Biblical Wealth Investments is being created to sponsor and manage private, diversified funds - that will mostly be focused on various real estate assets.   We plan to sponsor funds that will be available to both sophisticated and accredited investors.  

If you would like to stay informed of when these investment opportunities are available, you can join our Biblical Wealth Investor Club at no cost.  You’ll need to answer a few simple questions and have a phone call with myself or someone from my team to make sure the investments would be a good fit for you.   You can join the Biblical Wealth Investor Club by clicking the link in the show notes or by going to https://biblicalwealthsolutions.com/investorcall.  

Lastly, to help you further grow in your investing knowledge, I’m excited to announce that I’ll be releasing a free new course called Creating Compounding Cash Flow with Multifamily Investing in the next few weeks.  This course will be available on video, podcast, and written format.  I’ll actually be creating a new podcast just for this course so you can listen start to finish there.  Once it’s ready, I’ll post a link to the course in the show notes of this episode, so if you’re listening in the future it may already be there.  

Finally, for today’s episode I’m going to pre-releasing the first four short episodes of the new course.  You’ll hear this as one audio piece, but it’s really four short episodes combined into one. 

Click here to access my free video course Compounding Cash Flow with Multifamily Investing.

Click here to join the Biblical Wealth Investor Club.

Schedule a 15-minute Q&A Call

Did you know that the ideas I share on this show are things we actually specialize in helping you implement?  If you want to better protect your family, have more control over your money, and invest for cash flow now, then I want to invite you to sign up for a free Biblical Wealth Coaching call.

Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.

Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today I am talking with Stana Martin, a LTC specialist who has developed a niche helping people specifically with the claims filing process of using their LTC policies.   Stana has over 15 years of experience in the LTC space and found her company Mrs. LTC, Inc. in 2012 so she could focus on the helping families file claims.  She’s written two books around this topic, is an accomplished speaker, and has a great sense of humor as you’ll hear.  

I know I talk a lot about LTC on this podcast, but it is definitely in the top 3 financial risks during retirement.  I’m convinced that inflation is number one and I’m really not sure whether stock market risks or LTC risks pose the second biggest threat, but either way, this is a really important topic.

Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/


Sign up for a free Biblical Wealth Coaching call by visiting
www.biblicalwealthsolutions.com/freecall

Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/

Submit your questions to www.biblicalwealthsolutions.com/askjared