Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 7: The Bank On Yourself® Revolution and Pamela Yellen (Part 1)

October 20, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_7.mp3

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In this episode, we interview Pamela Yellen, the author of the Bank On Yourself® Revolution.

  • What is the Bank On Yourself® method? What does it allow?
  • What are most people “banking” on?
  • How can you become your own source of financing?
  • What did Pamela learn from the most elite, top three financial planners and money managers?
  • What does Pamela suggest for current or soon-to-be retirees?
  • What happened in 2008 that prompted Pamela to write the Bank on Yourself book?
  • How do you prepare for economic cycles?
  • What does Pamela say about the stock market?
  • How many years worth of an emergency fund does Pamela recommend?
  • What is the latest status of Pamela’s $100K challenge?

Pamela Yellen

Financial security expert and best-selling author Pamela Yellen 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.

Buy the book on Amazon

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_7.mp3

Episode 6: Bank On Yourself® Engineering

October 13, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_6.mp3

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In this episode, we ask:

  • How nerdy can we be?
  • What financial asset has increased in value every year for the last 160 years?
  • Why, in the early 20th century, did 50% of Americans have their savings in life insurance products?
  • Does your financial planner have to use Google to answer your questions?
  • What is the Bank On Yourself® concept?
  • How is a Bank On Yourself® policy constructed?
  • What biases do we have toward Whole Life Insurance?
  • How is a Bank On Yourself® design similar to an all base Whole Life design? How is it different?
  • What does Bank On Yourself® Engineering have to do with a sailboat?
  • What companies are Bank On Yourself® friendly?
  • How do businesses use Bank On Yourself®?
  • Why does good design matter?
  • … More!

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_6.mp3

Episode 5: A Perfect Financial Instrument? Where Do I Start?

October 6, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_5.mp3

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In this episode, we ask:

  • How do we combat financial challenges?
  • What needs to be in place?
  • What characteristics must be present for a solid foundation?
  • How do I protect my money?
  • Where do I put money, when I need it for an upcoming purchase?
  • How do we keep money flexible?
  • Which products check all of the boxes for the safe and liquid category?
  • What is my money doing for me?
  • What’s an example of a solid financial instrument for a safe and liquid foundation?
  • How would you like to be taxed?
  • Why are there restrictions on a ROTH IRA?
  • What about reinvesting dividends?
  • What vehicle will help you give the most money to your family?
  • …More!

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_5.mp3

Episode 4: What is the Perfect Financial Solution?

September 29, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_4.mp3

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In this episode, we ask:

  • Does a perfect financial solution exist?
  • What do you want your money to do for you?
  • Where do you want your money to live?
  • What did Mark learn in his research of financial products?
  • What are our preconceived notions about money?
  • If Katrina was “Pope of Money” for the day, what would she want for her money?
  • What are the strengths and limitations of current financial products?
  • What are the implications for having a sane financial picture?
  • What is a financial structure?
  • Where did the Egyptians bury their most treasured leaders, within their architectural wonder, the pyramid?
  • …More!

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_4.mp3

Episode 3: Will You Run Dry Before You Die?

September 22, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_3.mp3

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In this episode, we ask:

  • Will you or your partner live to age 93?
  • What’s the rate of Health Care costs increasing in the U.S.?
  • Are people working as long as they’re living?
  • Where is it written that we have to money into vehicles that we can’t control? access?
https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_3.mp3

Episode 2: What Happened to Saving?

September 22, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_2.mp3

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In this episode, we ask:

  • What happened to saving?
  • How many of American households are prepared for a $400 emergency expense?
  • How many Americans are saving for retirement?
  • What about credit card debt?
  • What is the primary reason couples divorce?
  • What’s the average amount of income that goes towards financing and debt payments?
https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_2.mp3

Episode 1: Has Wall Street and Retirement Planning Failed?

September 22, 2017 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_1.mp3

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Welcome! In this episode, we ask:

  • Has Wall Street and Retirement Planning Failed?
  • Who is Mark Willis? Holly Bach? Katrina Willis?
  • How much did Wall Street really make over the last three decades?
  • How much did the average investor in equity mutual funds earn over the last three decades?
  • More!

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_1.mp3
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