Wealth Talks podcast is an educational podcast that helps you build Wealth in all areas of your life. Increase your Financial IQ, develop personal growth, and create a lasting legacy all while getting exposed to the strategies that successful people are using. You’ll get actionable strategies and intelligence that you can immediately put to use to start creating real and lasting generational wealth. See more on our website: https://www.life-benefits.com/podcasts
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Welcome to the Tucci Talks: Wealth, Health and Everything Else Podcast - I'm your host, David Tucci, an educator, a father of 3. Join me as I take you on a journey through life from a reckless young man to a humbled older man - each week I will offer different insights on my life experiences and the experiences of others and how that has shaped our present day realities - so let’s begin the epic journey into improving our wealth, health, and you guessed it... everything else. Support this po ...
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The topic for today’s podcast is investment banking. We think that if you act like an investment banker in your own life you will be more profitable and get ahead faster financially. The way you think and what you think about is the foundation for what you do. If you can think like an investment banker, and act in accordance, you can have opportuni…
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Some people are pretty well stressed out. Of all the things people stress about, of which there are many, somewhere near the top of the list is money! Financial stress is a big deal and that’s what we are talking about today! Financial stress can be horrible or beneficial, and the effects can reach into all the areas of your life. It's all in how y…
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New MANDATORY filing for Small Businesses
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If you have a small business or entity that requires filing with your state, there’s a new rule you need to comply with by registering with FinCen. The filing is mandatory and the consequences are massive for not complying. It is estimated that 50% or more of small business owners do not know about this rule. Make sure you listen to this episode so…
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How to get more involved with Infinite Banking
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Some people have owned whole life insurance for several years and they want to get more involved with infinite banking. They want to make sure that they are using the infinite banking concept and their policy to their best advantage. That’s good. Today we are going to talk about how to do that. Some things we will talk about in this episode will be…
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Investment Grade Life Insurance
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Investment Grade Life insurance is not an actual product. It is rather, terminology that was created to sell more life insurance. Listening to this episode will help you to better understand what people mean when they use the phrase "Investment Grade Life Insurance". There are lots of different types of life insurance policies out there. Some are g…
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Being in the financial space like we are, we get asked about what will happen if the dollar collapses, we get asked what we think about cryptocurrency. Do we think the dollar is doomed? Do we think Crypto is a good investment? Do we think Crypto will replace the dollar? We’re going to talk about all of this right here right now, buckle up. One of t…
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Trusts and Life Insurance
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A lot of people have Trust issues... we're not talking about psychological trust issues, we're talking about issues they have with a legal Trust. One of the Trust issues people have is simply not having any Trust at all. That’s an issue because Trusts keep estates out of probate! There are many legal tools available that can provide specific benefi…
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Are you bored with your budget? Are you tired of feeling frustrated and limited? Budgeting doesn’t have to be boring. If you structure your budget the right way, you can feel free and creative instead of trapped. To be effective, a budget has to be practical and also flexible. Listen to this episode and discover some new creative ways to work your …
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Dave Ramsey and Abraham Lincoln
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Many people think slavery in America was a thing of the past, we fought a civil war to end it and we’re glad it’s gone, but there are many people today who are enslaved. We are talking about financial slavery and how to escape the bonds of financial slavery today right now on Wealth Talks. Listen to the Wealth Talks Podcast on: Apple Podcasts: http…
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2024 Olympics Ceremonies, Winning the Lottery & Retirement Benefits
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Someone asked us to respond to the opening and closing ceremony at the 2024 Olympics, Brett asked us to talk about what someone should do with the money if they win the lottery, and Carlo asks if we had the choice between taking retirement benefits at $7800/mo. with lifetime free medical vs a lump sum of $1.5million dollars which one we would choos…
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Our Response To Dave Ramsey
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Not long ago in podcast 469 we Rebutted a Dave Ramsey video that a podcast listener sent us. That podcast episode has been watched by hundreds of people and the feedback has been really something. A lot of people loved it and some people didn’t, you can see their feedback in the comments on episode 469. But through it all, another listener sent us …
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Credit Union Life Insurance
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Credit unions will mail out life insurance offers sometimes. Are they a good deal? Should you buy life insurance through a credit union offer? That’s what we are talking about today. Credit union life insurance is better than nothing, but there are better deals. Listen and learn about the different types of life insurance available for you today. F…
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Infinite Banking For Business
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If you own a business you can absolutely use the infinite banking concept to fund business expenses and that’s what we are going to talk about right now in this episode of the Wealth Talks podcast. A lot of business owners want to use infinite banking to finance business expenses because of the intrinsic benefits. We’re going to talk about the bene…
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Problems with Infinite Banking
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In this podcast we are talking about the problems with the infinite banking concept. The infinite banking concept is an idea not a product. The infinite banking concept is a way of thinking about money and finance in a way that allows you to keep more of the money you make, grow your wealth and have financial peace of mind. Some people think the in…
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How Much Life Insurance Do You Need?
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If you wonder how much life insurance you need? Or how much life insurance you need for infinite banking? This is your podcast. The most honest answer to the question of, “How much life insurance do I need?” is, “Nobody knows”. And the shortest answer to the question of “how much life insurance should I have” is probably, "MORE!" ... let us explain…
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How Whole Life Insurance Works (Design & Function)
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This podcast will be helpful to those who want to keep more of the money they make, grow their wealth and have financial peace of mind. On a side note... We have Jasper here in the studio with us this morning. He’s 9 weeks old German Shepherd Puppy. Jasper is our up and coming guard dog. We have a guard dog up at our house already, her name is Lulu…
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What we wish we knew about money before we turned 18
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As we teach people about whole life insurance, how to manage money and the infinite banking concept, time and time again people tell us “I wish I would have known about this sooner”, or, “they should teach this in high school”. When you find something that works so well, it’s hard not to look back and wish you had that knowledge or that product ear…
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Q&A: Infinite banking, life insurance, cash value, policy loans
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Today we answer 9 questions we received about life insurance, cash value, money, interest rates, and dividends. These questions and their answers will be helpful to anyone who uses, or plans to use life insurance cash values and the Infinite Banking concept. The questions are: 1. Do I get to choose the interest rate I pay on a policy loan? 2. If th…
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Infinite Banking Policy Loans
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In this podcast you will get specific numbers, and details from two different Whole Life Insurance policies, what the premiums are, how long they can be funded and how much money the owner can borrow. This is a glimpse into infinite banking policy design that many people will never get. Follow the Wealth Talks Podcast on: Instagram: https://www.ins…
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Developing A Good Mindset
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The way you think is the lens through which you observe every situation in life. The way you observe influences how you respond and how you respond makes an enormous impact in your life for better or for worse. Respond… and that’s such an important word, because many people go through life reacting to what life presents to them and that’s not an id…
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Will Young Adults Turn Out?
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Have you ever wondered what the world will look like when today’s young adults become the middle-aged people of the future? The future is full of possibilities for everyone. There will be people who seize the opportunity to make a possibility a reality and there will be people who let the possibilities remain possibilities because they don’t want t…
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What's Happening to the Middle Class? | Episode 472
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If the money you save isn’t earning anything, it is losing value. That’s horrible news, but it’s the truth. We were on a business call with Alex just the other day and he asked, what is happening to the middle class? Middle class is defined largely by household income adjusted for household members. Anything from about 50k/150k of income per person…
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Starting a Baking Business | Episode 471
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Today we have Anna, in the studio with us, to discuss how she has built her baking business from scratch, no pun intended, and to discuss some of the challenges and problems she has faced along the way. We also are of course going to sample one of her famous treats. Anna's business, Bread and Butter baking, makes sourdough bread, cookies, cakes, pi…
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Cash Value Insurance Policies Episode 470
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Cash Value Life Insurance is one of the lesser understood financial assets that you can own, but it is also one of the most powerful. In today’s episode of The Wealth Talks Podcast we talk about the cash value of life insurance policies, what it is, where it comes from and how it can be used. This episode is all things cash value. After this episod…
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Dave Ramsey Rebuttal | Episode 469
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Josh listens to Wealth Talks on his way to work and he asked us to do a rebuttal to an episode of Dave Ramsey’s show where he is talking about the infinite banking concept. We happen to know a lot about the infinite banking concept, so if anyone can add perspective to Dave Ramsey’s video about the Infinite Banking Concept it would be us. The video …
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Income Taxes | Episode 468
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There has been a lot of money transferred from the accounts of working Americans into the coffers of the U.S. Government from the income tax alone. But worse than that it has created division among Americans and that is the worst repercussion of the 16th amendment. In this episode we talk about: • Tax avoidance vs. tax evasion• Tax avoidance proced…
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The Richest Man In Babylon Book | Episode 467
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The Richest Man in Babylon book has the reputation of being responsible for creating more millionaires than any other book in print. If that is the case, the advice in this book may be the best financial advice in the world. The financial advice given in this book has many aspects. One of the most fundamental of these is the 10-20-70 Rule. The powe…
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The Financial Side of Retirement | Episode 466
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In days gone by many private companies could offer pensions that would actually support someone financially in retirement, but those days are gone and so are the pensions. The financial side of retirement is extremely uncertain, many mainstream retirement plans are mediocre at best and while the desire to retire persists among people, the financial…
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Inflation 2024 | Episode 465
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Inflation is like a thief that never comes. It is good to protect yourself from inflation in every way you can. The bible says that if the man of the house knew what time the thief was coming he would be on the alert and not let his house be broken into. We know the thief is here, our duty is to protect our financial house to the best of our abilit…
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Infinite Banking For Your Business | Episode 464
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This is an example of how someone used the Infinite Banking Concept and the cash value of their life insurance to expand their welding and fabrication business. One of the owners of Brothers Fab Shop joins us in the studio to answer all our questions. We ask about: The expansion opportunity How to borrow from a policy Have they paid the loans back …
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My 1st Infinite Banking policy | Episode 463
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In this episode we review the numbers of the first Infinite Banking policy we bought. We have owned the policy for 18 years now so you could say it’s an adult policy now. Over the years, We have paid lots of premiums on this policy and we have also used policy loans against the cash value for many things. We go over all of it in this episode, episo…
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How We Found The Infinite Banking Concept | Episode 462
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In 2005 our family went on vacation. We drove from Oregon where we lived at that time down to San Diego California to spend some time on the beach. But on this particular vacation Dad may have been more excited about a book he was reading than the vacation we were taking. We had not been thrilled with all of the results we were getting from the fin…
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Jesse is Getting Married | Episode 461
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Our son Jesse, Is getting married this month, Jesse will be the first of our 8 children to get married. We are very happy for him and his soon to be wife, Alyssa. We thought it would be interesting and useful to have Jesse join us in the studio for this episode of Wealth Talks to talk about premarital financial considerations, house hunting and wed…
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How To Be Debt Free | Episode 460
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Interest rates are rising right now and being in debt is becoming more expensive all the time. In this episode, episode 460 of the wealth talks podcast, we are going to talk about how to be debt free. Becoming debt free can be a daunting task, many people will never know what it feels like to be debt free. People take on debt voluntarily or involun…
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How To Get Life Insurance | Episode 459
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It is good to have life insurance, but having bad life insurance can be worse than having no life insurance at all. Michele reads a message from someone who writes in about how they bought the wrong kind of life insurance even though they were trying to get good life insurance. We talk about how to get good life insurance and how to check the life …
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How To Use Life Insurance Cash Value | Episode 458
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The death benefit is probably the most prominent feature of life insurance and the feature most people think of when they think of life insurance. But that’s not the only benefit of life insurance, you can use the cash value of your life insurance while you’re still alive because your life insurance policy is collateral. You can also assign your li…
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Is Term Life Insurance a Waste of Money | Episode 457
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Most people think life insurance is for when you die, it is, but, you can also use the life benefits of whole life insurance while you’re still alive. What about term insurance though? Is it any good or is it a waste of money? Many people who have term life insurance now are going to be severely disappointed when their term is up because you can't …
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John Morey Real Estate Investor | Episode 456
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We get to listen to an interview with real estate investor John Morey. John talks about why he bought whole life insurance, how he started out using it wrong. Why he like to use whole life insurance to grow his wealth, and how he teaches other people about how they can benefit from using life insurance and invest in real estate. 0:00 Interview with…
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Rate of Return vs. Return of Your Money | Episode 455
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Mark Twain has the credit for saying, “The Return of my money is more important than the return on my money.” It is better to make an investment that returns a small increase as well as your seed money than it is to make an investment that has a large projected return but fails to return your seed money. Warren Buffet said, “The first rule of an in…
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Investments | Episode 454
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Every time you spend money you are making an investment. It’s either a good investment or a bad investment. Do not buy into the idea that investments have to be something rare, exclusive, elusive, exciting or in a land far away. Some of the best investments are right in front of you, if you can’t see them it’s because you look at everything the way…
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How To Handle Debt | Episode 453
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There are two kinds of debt, good debt and bad debt. Good debt is debt that gives you a financial advantage; tax benefits, better cash flow and the ability to take advantage of opportunity. Bad debt is debt that costs you opportunity, causes stressful cash flow issues and cripples you financially. In this episode we talk about how to payoff bad deb…
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How To Save Money | Episode 452
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The savings rate in the US has been going up a bit recently but it’s still lower than what it should be. Generally speaking, people aren’t saving enough money to have financial peace of mind. But when someone does save money there are a host of decisions to be made on how to keep that money. In this podcast we talk all things savings, how to save m…
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How to Be Your Own Banker | Episode 451
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Becoming your own banker, the infinite banking concept, bank on yourself and other financial concepts promote the idea of using the life benefits of life insurance. Many people think life insurance is for when you die, that’s true, but you can also use life insurance while you’re still alive. There are benefits to using life insurance as a financia…
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Making Financial Decisions Simple | Episode 450
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Throughout this year you will get to make financial decisions. If you make good financial decisions you will get ahead faster. In this podcast we will share knowledge that you can use to make good financial decisions. Please go here and write a review for the Wealth Talks Podcast: https://podcasts.apple.com/us/podcast/wealth-talks/id978187163 –Than…
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Resolutions Vs. Goals | Wealth Talks Podcast | Episode 449
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The tragedy of financial resolutions is that resolutions often go unfulfilled. If you want to achieve something financially significant in a new year it is better to set a goal first and then make your resolutions. 0:00 The Tragedy of Financial Resolutions 1:13 Resolutions vs. Goals 4:25 What is a Goal? 10:32 Why specificity matters when setting go…
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We put a $20 Limit on our gift exchange for Christmas | Episode 448
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In our family’s Christmas gift exchange this year we have a $20 limit. We drew names last month and the rules are that the drawing results are confidential and you can’t spend more than $20 on the gift you buy. In this Bonus Christmas Podcast we discuss how putting a financial limit on our family gift exchange increases creativity. 0:00 Intro. 1:19…
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The Reasons We Moved | Episode 447
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We share our reasons for moving from Nevada to Indiana and the financial implications of switching houses. We talk about: Buying our new house while selling our old house Our backup financing plan Why we paid cash for the new house God's timing Freedom and politics Resources: The Wise Man Foolish Man card game, buy it here: https://amzn.to/41iOTGE …
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The Importance of Having a Cash Cushion | Episode 446
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Prior to moving from Nevada to Indiana we took a life insurance policy loan and let that money sit in our checking account because we expected to have some "unexpected" moving expenses. The money sitting in our checking account was our cash cushion. We talk about the "unexpected" expenses that arose 02:34 Video footage of our moving caravan How we …
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How to prepare for a Recession.
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Recessions occur throughout history fairly regularly. Governments often attempt to prevent them from happening, and while these efforts may temporarily delay a recession, they can’t prevent one. Since we can expect to see multiple recessions throughout our lifetime, it’s wise to be prepared. In today’s episode, find three things you can do to prepa…
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Many people want to accomplish more than the status quo in life, and they see money as a means to the end. Money is an important tool, but sadly, some pursue money without a basic understanding of how it works and what it can and cannot do. These people often end up hurting themselves instead of making their lives better. Resources: A Biblical Guid…
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