Not Your Average Financial Podcast

Episode 191: Ask Me Anything

April 30, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to hear our Q&A?
Can I do a one time lump sum without recurring premium on a key man whole life dividend paying policy?
- Would you like to hear Episode 174?
How do you give your older kids the high level overview of financial education… telling them over a two hour time block on vacation? What about teaching through games? (featuring Debbie Wilder and her contagious joy)
What happens if you want to start your retirement earlier than age 65, i.e. at age 45? (featuring Brandon Neely and Amanda Neely)
What if you want to retire within 10 years?
What are some creative ways to save premiums every year? (featuring Brandon Neely and Amanda Neely)
Would you like to join a future Ask Me Anything during Office Hours?
- Join our Not Your Average Membership Community to Get Access

Episode 190: The Ninja Belts of Bank on Yourself®

April 23, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

What strategies are you excited about?
What about being a newbie?
Would you like to hear a ninja belt metaphor?
What is the white belt?
What about saving from cash flow?
What about monthly premiums?
What do you learn in karate?
How many moves are you making in your monthly budget to up your cashflow?
What about the fundamentals?
What about “back to the basics”?
What is the orange belt?
What about a lump sum along with monthly premiums?
What about windfalls?
What about bonuses?
What advantages come with a paid up additions rider?
What about repositioning?
What is a 1035 exchange?
What about universal life policies?
What about the red belt?
What about annual premiums?
How does this benefit business owners?
What about annual windfalls?
What about an annual surge in sales?
What about multiyear projects?
What about solving several problems?
What about passing on savings?
What about the yellow belt?
What about the intention behind starting?
What about other people?
What about lines of credit for business?
Can you have multiple policies on yourself?
What are the most important assets in your life?
What about the green belt?
What about real estate?
What about business inventory?
What is life insurance all about?
What about an additional focus?
What about vehicles?
What about college?
What about business expenses?
What about the debt SnowBank Method?
Is it possible to be better than debt free?
What about policy loans?
What restrictions are on policy loans?
What questions do insurance companies ask to take policy loans?
Would you like to learn more about the green belt strategy?
What about the purple belt?
Would you like the budgeting tool? Meet with Mark
Do you have a massive tax bill due every year?
What are non-direct recognition policy loans?
How fast should you pay the policy loan off?
Are you a business owner?
Are you a real estate investor?
What happens if you don’t pay off the loan?
What about the fortitude required?
What about compound growth?
Is it a good idea to pay a policy loan back?
What does it mean to lapse a policy?
What is a big deal?
What is not a big deal?
What is the risk on the gains in the policy?
What do you lose when a policy lapses?
Do you understand the risks?
What about the brown belt?
What is a system of policies?
What is a family office?
What about grandkids?
What about grandparents?
Why insure kids?
What is the power of this strategy?
What is the regular system of communication and intention?
Is a family office formal?
Is a family office informal?
How might a family communicate?
When do families meet?
Who shows up to a family meeting?
What is the key?
How might you prepare your people for the money?
What about the black belt strategy?
What about income equaling premium?
Is this recommended?
What is fraught with peril?
What did Nelson Nash say?
What is the caution?
Why is this not for 99% of people?
How does it work?
What are the four steps?
How might you live on less than you make?
What about the pattern of life?
What are the risks and considerations of black belt strategy?
Are you able to live like a spartan?
What about getting improved for this much life insurance?
What is the job of underwriters?
What about liability?
Have you arrived?
How are you still learning?
Would you like to strategize together?
Book a Meeting with Mark

Episode 189: Bank On Yourself® and MMA, How to Bully-Proof Your Money

April 16, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Do you practice MMA?
How could you bully-proof your money?
What is the first stance?
Are you willing and ready to learn?
Do you have an open mind?
Are you able to be attentive?
Do you show up?
What is the second stance?
How might you replace your bad habits with good ones?
What is the third stance?
Do belts matter?
Why does mindset matter?
What is the fourth stance?
How might you celebrate your progress?
What are you focused upon?
What is the fifth stance?
What about resilience in the face of adversity?
What about weapons?
What is Karate-do?
What is the sixth stance?
What about thinking?
What about doing?
What about practice?
What about figuring it out by doing it?
Have you lost money?
What have you learned?
What about starting small?
What can you afford?
What about coming up with a policy?
Who is on the mat?
What is your first move?
Would you like to book a meeting?
What is the seventh stance?
What about stretching?
What about finding the correct number?
What is the eighth stance?
What about stepping into the training hall or dojo?
What would you like to implement?
How would you like to improve your skills?
Would you like a quick fifteen minute call with Mark?

Episode 188: The Founder of Bank On Yourself®, Pamela Yellen

April 9, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Who is Pamela Yellen?
What about Pamela’s articles and books?
What did Pamela learn from experience?
What did Pamela investigate?
How does Pamela remember her mission?
What about Dave Ramsey and Suze Orman?
What is real education?
What is infotainment?
Has conventional financial wisdom worked?
How many actually have financial security?
What do people say about Bank on Yourself?
What about investment accounts?
What about Pamela’s newest book, Rescue Your Retirement?
What about 401(k)s and IRAs?
What will the value of your accounts be when it’s time for retirement?
Do you know?
What about a personal story?
What about the go go years of the dot com bubble?
What is a paper gain?
How is a paper gain different from real wealth?
What about paper gains vanishing?
How does Bank on Yourself® fit into a financial strategy?
What about cash value?
What about taking policy loans?
What are some examples of what people are doing with policy loans?
What has Pamela done with her policies?
What happened when Pamela wrote the Bank on Yourself® book?
How was she able to access $500,000 in a week, with no questions asked?
What about non-direct recognition policy loans?
Is this the 8th wonder of the world?
What happened to Pamela’s colleagues?
What about compound growth?
What about guarantees?
What about the right to borrow?
What is a unilateral contract?
What about opportunities?
What about emergencies?
What would an adequate emergency fund look like?
Can you have your money working for you in two places at once?
What about the Bank on Yourself® Professional program?
What about the intellectual property of Bank of Yourself®?
Why is it important to work with someone with the right training to build and care for a policy?
How might a policy help you manage your tax burden?
Do people have to pay tax on social security?
What about commissions?
What about the death benefit?
What did the father of the 401(k) say?
What is he doing with his money?
What if you have a 401(k)?
What about reading pages 36-37 of Rescue Your Retirement?
Would you like a FREE copy of Rescue Your Retirement?
Would you like to visit findoutmorenow.com?
Would you like to book a meeting with Mark? (Write Rescue Your Retirement book in the notes on the calendar page so we can get you that FREE copy)
What are Pamela’s insights?
What are the takeaways?

Pamela Yellen, Financial security expert and best-selling author, investigated more than 450 savings and retirement planning strategies seeking an alternative to the risk and volatility of stocks and other investments. Her research led her to a time-tested, predictable method of growing and protecting wealth she calls Bank On Yourself (www.bankonyourself.com) that is now used by more than half a million people.

Pamela is the author of the New York Times bestselling books BANK ON YOURSELF: The Life-Changing Secret to Growing and Protecting Your Financial Future and THE BANK ON YOURSELF REVOLUTION: Fire Your Banker, Bypass Wall Street, and Take Control of Your Own Financial Future.

Pamela has appeared on every major TV and radio network and served as a source for organizations and publications such as the Associated Press, Fox News, Bloomberg Businessweek, Ladies’ Home Journal, Essence Magazine, Aging Today and AARP. Her articles have been featured in thousands of major publications and websites, and she has spoken to more than 1,000 audiences world-wide.

Pamela was born in Buffalo, New York, and has lived in Sarasota, Phoenix, and the San Francisco Bay area. She graduated from the University of San Francisco with a degree in psychology. Pamela and her husband Larry currently live outside of Santa Fe, New Mexico, They enjoy theatre and the arts, hiking, biking, bird watching, traveling, gourmet cooking, working out (Pamela can leg press 200 pounds!), reading, spoiling their two grandkids, and are involved in supporting numerous charitable causes.

Ten percent of all author royalties are donated to educational not-for-profits, such as The Smile Train, The Nature Conservancy, Susan G. Komen for the Cure, Wounded Warrior Project, Heifer International, and Hawk Watch.

Episode 187: What is a Term to Whole Life Conversion?

April 2, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Did you know that you can convert certain term life insurance policies to whole life without having to prove that you are in good health?
What about renting?
What about owning?
What about the cost?
Why are whole life premiums higher than term life premiums?
Is whole life insurance way more expensive than term insurance?
What about mortality cost?
What about policy duration?
What about risk?
How long do term policies tend to last?
What about term costs going up with age?
What happens when term policies expire?
How many term insurance policies actually pays a claim?
What are the types of life insurance?
What about cheap term on the web?
What about convertible term insurance?
What about something akin to a “rent to own” provision?
What about the option to move to whole life insurance?
Does convertible term insurance cost a lot more?
What about a modest whole life policy?
What are the three benefits of converting?
What about a medical exam?
What about converting under age 65?
What about essentially locking in approval?
What about the death benefit?
What about estate planning?
What about liquidity?
What are the questions?
How does it work?
What about health status?
How much is convertible?
How is this like saving your place in line?
How much does it cost?
How much more does it cost to cashflow the whole life insurance?
What is a term insurance credit?
How long does it take to convert?
What about processing time?
What about a partial term conversion?
What about flexibility?
What about protecting your family?
What about increases in income?
What about additional policies stemming from term conversions?
What about completely converting the term?
What’s an example timeline?
What about a case study?
What type of whole life insurance are you converting into?
What about timing?
What about overwhelm?
What about diagnosis or disability?
What is possible?
Would you like to join the FREE Not Your Average Financial Community?

Episode 186: Thou Shall Prosper with Rabbi Daniel Lapin

March 26, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Who has their hand on the steering wheel of life?
Who is Rabbi Daniel Lapin?
What was his most important journey?
Who tends to be disproportionally good with money?
What did William Wordsworth say?
What about entropy?
Is chaos the order of things?
What about building?
Are you taking care of things?
Are you maintaining your living space and your vehicles?
What happens when you don’t do the work?
What about ancient Jewish wisdom?
What about Adam and Eve?
What happens when one reads the Hebrew?
What about taking care of business?
What abut being obsessively preoccupied with taking care of others?
What about service?
What about taking care of customers?
Is the world against you?
What about enormous cooperation and effort?
What about happiness?
With whom do you spend time?
Who is miserable?
Does company love misery?
Who is a happy warrior?
What about family?
What about friendships?
What about faith?
What about fitness?
Have you read Thou Shall Prosper by Rabbi Daniel Lapin?
Why are Jews successful?
What about powerful strategies and principles?
What about destiny?
What about getting whacked?
What about suffering from deep existential loneliness?
What happened when Rabbi Lapin met a pair of tech reps?
What about working with things?
What about working with people?
What is money and why does it matter?
How is money a certificate of good performance?
How might you take care of the things in your life?
What does the Rabbi think about Bank on Yourself®?
Would you like to visit rabbidaniellapin.com?

Daniel Lapin was born into a prestigious Torah family. He was a student of his father, Rabbi A.H. Lapin, who served the Jewish communities in Johannesburg and Cape Town, South Africa, eventually immigrating to America with his wife where they established the Am Echad synagogue in San Jose, CA.

In 2002, Rabbi Lapin wrote his bestselling book Thou Shall Prosper: The Ten Commandments for Making Money (John Wiley ). This book continues selling well in America (as does its sequel Business Secrets from the Bible) and has also been translated into Chinese and Korean, among other languages. In 2007, Rabbi Lapin, along with his wife, Susan, founded Lifecodex Publishing. They began producing audio CDs and writing books to make ancient Jewish wisdom accessible to people of all faiths. Lifecodex Publishing now has DVDs as well as publishing works by other authors that promote traditional learning and values.

Rabbi Lapin is a frequent speaker for hundreds of groups, institutions, organizations, and companies including Family Research Council, Harvard Law School, the United States Army, the 1996 Republican National Convention, Voices United for Israel, and Young President’s Organization. Rabbi Lapin was the keynote speaker at the Congressional Bi-Partisan opening of the 106th Congress in Washington, DC.

Rabbi Lapin hosts a weekly audio podcast which presents thousands of years of Jewish wisdom emanating from the Bible, in ways that impact and improve modern-day life.

Episode 185: Flipping America with Roger Blankenship

March 19, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

How do you know if you’re a leader?
Who is Roger Blankenship?
What is the Flipping America Network?
Would you like to visit rogerblankenship.com?
How BIG is Roger?
What’s Roger’s story?
What about real estate?
What does Roger want to do before he quits?
What about really wanting to do good in the world?
What about charitable causes?
How did Roger get started?
What about flipping houses?
What about rehabbing?
What about local groups?
What about Real Estate Investors Associations (or Alliances)?
What about a national network of real estate investors?
What about creating a movement?
What about building credibility?
What’s happening in the real estate space?
What does Roger see in his crystal ball?
What about roadblocks?
What about prayer?
What about birds in flight?
What about relaying bad news?
What about making hard calls first thing in the morning?
What would Roger put on his tombstone?
What are the takeaways?

Roger Blankenship is the “Flipping America Guy.” He’s host of the nationally syndicated real estate show, “Flipping America,” heard coast to coast three times every week, author, educator, motivational and inspirational speaker, and business leader. He has personally fixed and flipped more than 1000 houses and has been a part of hundreds more real estate transactions.

In addition to purchasing, remodeling, and marketing properties, Roger has founded the Flipping America Mentoring Program which teaches the science and art of real estate investing.
He and his team are developing the Flipping America Network, a trading platform for real estate investors and He has written several books on real estate investing. Roger and his team teach seminars in real estate investing and provide coaching and funding for both new and experienced investors. You can learn more about all this at rogerblankenship.com.

Episode 184: Rewirement and Risks to Retiring in 2021 with Jamie Hopkins

March 12, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Have you ever seen the show, American Ninja Warrior?
What about a finite amount of cash?
Who is Jamie Hopkins?
What are some of Jamie’s earliest experiences with money?
What about the risks of retirement?
What about Jamie’s new book, Rewirement?
What about longevity?
What about the unknown time horizon?
What about deflation?
What about public policy risk?
What about unexpected financial responsibility?
What about a parent’s long term care needs?
What if your career is shorter than your retirement?
What does Jamie see in his crystal ball?
What is the giant societal experiment?
What about the 401(k)s?
What about the standard of living adjustments?
What about cutting back?
What about reliance on certain systems?
What about the social security fund report?
How does this influence policy?
What about social security?
What percentage of retiree’s income typically comes from social security?
Will the funds be depleted?
What about Biden’s proposals?
What is our single biggest funding program?
When was the last time social security was updated?
What about the assumptions?
What has happened to interest rates in the last 40 years?
How does this change behavior?
What changes in the macroeconomic assumptions?
What about a tax proposal?
What about inflation?
How does living on a fixed income work?
What about the infrastructure and legal system in the U.S.?
What about protections?
What about strategies?
What about contract law?
Does Jamie sell products?
What about fixed indexed annuities?
What about creating lifetime income?
What about fixed income?
What about bond laddering?
What about life insurance?
What about forced or automatic savings?
What about a death benefit?
What about tax diversification?
Could laws change?
Where will public policy go?
How might one public policy change affect your strategy?
Are tax rates going up?
Have you read the Power of Zero?
Do you act in accordance with your beliefs?
What about diversifying risk?
What do most people believe today?
What happened between 2010 and 2020?
Where can you follow Jamie?
What do you want to accomplish?
What are the takeaways?

Jamie Hopkins, Esq., LLM, MBA, CFP®, RICP® is the managing director of Carson Coaching and the Director of Retirement Research for Carson Group. He is a finance professor of practice at Creighton University’s Heider College of Business and is the author of the book Rewirement: Rewiring The Way You Think About Retirement Planning. Jamie helped co-create the Retirement Income Certified Professional (RICP®) designation at The American College of Financial Services. He was named as a top 40 young attorney by the American Bar Association and a top 40 financial service professional under the age of 40 by InvestmentNews. In 2020, his work on retirement planning and the SECURE Act won an award from WealthManagement.com for being the best Thought Leadership Advisor Education in the industry. You can contact him at www.jamiehopkins.com or follow him on twitter @retirementRisks.

Episode 183: What About Bank On Yourself® and Bitcoin?

March 5, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Do you remember your MySpace password?
Do you have your bank password somewhere for your kids and grandkids to find?
Who is Stefan Thomas?
How did he lose so much Bitcoin?
What are the risks?
Does Bitcoin have value?
Is crypto a way to safeguard wealth?
What’s to love?
What is the value of the price of a bitcoin?
Is this the latest tulip mania?
Is it the future of money?
What are the main functions of money?
What defines money?
What about blockchain inflation?
Who owns blockchain patents?
What about volatility?
How old is Bitcoin?
How much would you like to spend on pizza?
Who uses Bitcoin to buy groceries?
What about anonymity?
What about concerns and regulations?
What did Janet Yellen say?
What about marketing?
What about a Bitcoin ATM network?
Is Bitcoin a medium of exchange?
What about payment for debts and taxes?
Why is the U.S. dollar the current medium of exchange?
Why does the U.S. government want tax in U.S. dollars?
What about printing money?
What about modern monetary theory?
What happened in the 1960s?
What about the behavior of society?
What about paying tax with Bitcoin?
What about reporting crypto holdings?
What about regulations and oversights?
What about the benefits?
What about paying tax on the gains?
What about the federal reserve?
What about pension funds?
Who is G. Edward Griffin?
What did he say?
Will the U.S. dollar go away?
What about the capital?
Has the government been hands off with crypto?
What about non-Bitcoin cryptocurrencies?
What are the main functions of money?
What about store of value?
What about the word currency?
What about flow?
What about storage?
How many bitcoins have been lost?
What about aging?
How is money like the promise of the future?
What about commodities?
What about futures?
What about gold?
Is Bitcoin a store of value?
Is Bitcoin speculation?
Who is the end user for Bitcoin?
What about futures contracts?
How is this like an insurance contract?
What about beating inflation?
What about predictability?
What about 1970s or 1980s inflation?
What about Bank on Yourself® type dividend paying whole life insurance?
What about speculation?
What about your risk tolerance?
What do you see in crypto?
Is crypto scarce?
Is it useful?
What about a deflationary environment?
What is the biggest profit centers for insurers?
What about term insurance policies?
Will insurers pay in crypto?
When did the dollar become legal?
What happened in 1863?
What is the legally recognized currency?
Who wins?
Is whole life insurance immune from financial disaster?
What about the risks?
Where is the real education?
Where does the real transformation occur?

Episode 182: The Mindset of a Real Estate Investor with Steve Rozenberg

February 26, 2021 by Not Your Average Financial Podcast

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In this episode, we ask:

Who is Steve Rozenberg?
What was dinner like for Steve growing up?
What changed for Steve around 9/11?
What about real estate?
What did Steve learn?
What about property management?
What about mindset and real estate investing?
What’s happening to the airlines?
Who owns the airplanes?
What happens when the planes are parked?
What about job security?
Why did Steve get into real estate?
What happened in the last 20 years?
What about taking focused and intentional action?
What is Steve seeing among pilots?
What are all of the ways one can make money on real estate?
What are the pros and cons of real estate?
What about making mistakes in real estate?
What about choices?
What is the mindset of a real estate investor?
What is the goal?
Why get into real estate?
What is the difference?
Why are some successful?
What are the desired results?
What about just being busy?
What about including the spouse and kids?
What is the employee mindset?
What is the entrepreneurial mindset?
What is the real estate investor mindset?
Why is it important to stop and think about your “why”?
What are the odds?
Is a rental property technically a business?
What does one need for a business to succeed?
Who has a business plan for their rental properties?
What is the best piece of advice Steve has received?
What about plateaus?
Will you stay the same, decline or improve?
What about universal atrophy?
What about the mindset?
What about the strategies?
What about buy and hold properties?
What about ego in a deal?
Does this property align with your goals or does it not?
Does the property align with your strategy?
Is this taking me closer to my goal?
Where is real estate headed?
What do you need to do to prepare?
What is Mynd property management?
Would you like to visit steverozenberg.com?
Would you like to subscribe to the YouTube channel?

Steve Rozenberg is the Vice President of Education for Mynd where he educates investors about the benefits of small residential investing.

Rozenberg is a member of both the Houston and Fort Worth/Mid-Cities chapters of NARPM, and is a licensed Texas real estate agent.

Rozenberg is an international commercial airline pilot who turned to real estate investing after 9/11 changed his life. Rozenberg has fixed-and-flipped hundreds of properties in the Houston metro, before co-owning the leading residential property management firm in Houston and DFW.

Throughout his 15-year career in real estate, Rozenberg has hosted several radio talk shows, appeared on a number of real estate investing podcasts, webinars, and masterminds.

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