Not Your Average Financial Podcast

Episode 335: [The Periodic Table of Abundance] No.6 Building a Better World through Business Ownership, Tax Strategy and Giving

February 2, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

What about more tools in your tool belt?
Have you listened to the previous episodes in this series?
- Would you like to hear Episode 330: No.1 Scaling Up and Overcoming Adversity?
- Would you like to hear Episode 331: No.2 Money Team, Family Finance and Estate Planning?
- Would you like to hear Episode 332: No.3 Liquidity and Cash Flow?
- Would you like to hear Episode 333: No.4 Secrets of Leverage with Insurance and Banking?
- Would you like to hear Episode 334: No.5 Achieve Your Ultimate Potential with Investing and Real Estate
What did Robert Kiyosaki say in the book Cashflow Quadrant about business ownership?
- What are the downsides of being an Employee?
- What about the Small Business Owner?
- What about the Business Owner?
- What about the Investor?
Where is the risk?
Who can set their own income?
Who will get your business?
What you like to hear Episode 177?
What happens when you make more money in your business?
What about tax strategy?
What about incorporating your business?
What about research and development credits?
What about hiring?
What about the U.S. Debt Clock?
Who has something saved?
Where is Congress going to get the money?
How does income affect tax in retirement?
What did Doug Peacock say?
Would you like to hear Episode 86 and Episode 87?
What happens when you give to charity?
What can boost your abundance?
What about the law of expectations?
What about a feedback loop of abundance?
How do you choose the charity to support?
Would you like to visit charitywatch.org?
Would you like to visit givewell.org?
What about the power of collateralization?

Episode 334: [The Periodic Table of Abundance] No.5 Achieve Your Ultimate Potential with Investing and Real Estate

January 26, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

Can you take the next steps toward improvement?
What about real estate?
What is the Periodic Table of Abundance?
What about cash flow?
What about business strategies?
What about charity?
What number, on a scale of 1-10, would you give yourself for …?
- How are rating yourself on Liquidity?
- How are you rating yourself on Family Finance?
Have you listened to the previous episodes in this series?
- Would you like to hear Episode 330: No.1 Scaling Up and Overcoming Adversity?
- Would you like to hear Episode 331: No.2 Money Team, Family Finance and Estate Planning?
- Would you like to hear Episode 332: No.3 Liquidity and Cash Flow?
- Would you like to hear Episode 333: No.4 Secrets of Leverage with Insurance and Banking?
What happens when you mix different elements?
Would you like to hear Episode 283 and/or Episode 284 to learn how to fire your real estate banker?
How can real estate be classified?
What is the median net worth of homeowners?
What about renters?
What are the advantages to real estate investment?
What about passive income?
What are some different ways to get income from real estate?
What about cash flow?
Would you like to hear Episode 332?
What is buy and hold?
What are the drawbacks of real estate?
What are the different ways to invest in real estate?
What about tax?
What about Bank on Yourself® type whole life insurance policies in conjunction with real estate?
What about alternative investments?
What about the potential for advanced returns?
What about terrible loss?
What mistakes are most Americans making?
What causes unnecessary worry?
Who is burying their head in the sand?
Can you make it without investing?
What about private equity funds?
What is already overpriced?
What about hedge funds?
What about commodities?
What about collectables?
What about cryptocurrencies?
Who made money in the gold rush?
What about investments?
What about ATM or vending machines?
What about storage units?
What about billboard space or advertising space?
What about laundry mats?
What about car washes?
What about solar farms?
What about wind farms?
What about cell towers?
What about parking lots?
What about digital real estate?
What about media?
What about entertainment?
Who lost everything?
Do you get to do it?
Do you have to do it?
What does investing require?
What about creating more value?
What are three more elements?

Episode 333: [The Periodic Table of Abundance] No.4 Secrets of Leverage Using Insurance and Banking

January 19, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

Can information alone change your financial future?
Would you like to check out our FREE Not Your Average Financial Community?
Have you listened to the previous episodes in this series?
- Would you like to hear Episode 330: No.1 Scaling Up and Overcoming Adversity?
- Would you like to hear Episode 331: No.2 Money Team, Family Finance and Estate Planning?
- Would you like to hear Episode 332: No.3 Liquidity and Cash Flow?
What is the essential nature of insurance?
What is the cost of insurance?
What creates peace of mind?
What is the purpose of all of this?
What outcomes would you like?
What about guarantees?
What are the different types of insurance policies?
What about health insurance?
Who has medical bills?
Why have health insurance?
What about the alternative?
What are the typical costs?
What about being uninsured?
What is the leading cause of bankruptcy in the U.S.?
What is the health insurance marketplace?
What about healthcare sharing ministries?
Would you like to hear Episode 170?
Would you like to hear Episode 224?
What about property and casualty insurance?
What is the average claim?
What could protect you from financial ruin?
What about auto insurance?
What about umbrella insurance?
What is coverage?
What is a deductible?
What about self insurance?
What about life insurance?
What happens upon death?
How will your family afford the costs when you’re gone?
What about cheap term insurance?
What about group life plans through employers?
What about getting insurance that meets your needs?
What does banking have to do with life insurance?
Who was Nelson Nash?
What will you buy in your life?
What about your need for today’s financing?
How will you pay for that?
What is Bank on Yourself®?
What about living benefits?
What if you didn’t have to rely on banks?
What about retirement?
What about the function of banking?
What is fractional reserve banking?
How about an example?
What is the money multiplier effect?
Is this magical?
What are the downsides?
What happened in 2020?
What are the reserve requirements now?
What happened to the reserve?
What about insolvency and fragility?
What about the FDIC?
What percentage of deposits are backed up by FDIC?
Would you like to hear Episode 299 to learn more about the FDIC?
What about spending and debt?
What causes financial stress?
What is the average American debt?
Is paying cash the answer?
What do we do here?
What about the Bank on Yourself® strategy?
What about leverage?
What about private lending?
Would you like to hear Episode 331?
So what?
Are your life insurance policies properly designed and up to date?
What about an inventory of your own debt?
Would you like to explore the Bank on Yourself® strategy deeper?

Episode 332: [The Periodic Table of Abundance] No.3 Liquidity and Cash Flow

January 12, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

Who is on your money team?
Who should care about your money?
What strategies, skills and systems do you need to be successful?
Are you on the right track?
What is liquidity?
How fast can you turn that asset into cash?
What is the most liquid asset of all?
What about less liquid assets?
What are the costs?
What is the medium of all transactions?
What about an example?
Are rare baseball cards liquid?
What makes every transaction easier?
What about land?
What about leasing?
What about cash flow vs. a lump sum?
What about the cost?
How stable is the market?
What about comps?
What about dealing in transparent markets?
What about ease?
Is your portfolio locked up?
What is assets / liabilities?
What is the current ratio?
What counts as an asset?
Can it be converted to cash within a month or two?
How liquid are you?
Who is sitting on more cash?
Who gets to take advantage of opportunities?
What assets are considered liquid?
What about the liquidity of cash value whole life insurance?
Who understands liquidity?
Would you like to hear Episode 248?
Are you able to take advantage of opportunities when they come your way?
What about cash flow?
What about coffee?
What is the amount of net cash transferring into and out of your life?
Is the money coming in greater than they money going out of your life?
What about the tax filter?
What about consumption?
What are the levers to pull to change cash flow?
How about increasing the income or reducing expenses?
What are some ideas for increasing cash flow?
Would you like to hear Episode 81?
Would you like to hear Episode 176?
Would you like to hear Episode 213?
What are some ideas to reduce expenses?
What can solve the problems of cash flow well?
Would you like to meet?

The topics presented in this podcast are general information only and not for the purposes of providing legal, accounting or investment advice. On such matters, please consult a professional who knows your specific situation.

Episode 331: [Periodic Table of Abundance] No.2 Money Team, Family Finance and Estate Planning

January 5, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to listen to last week’s series kickoff, Episode 330?
Do you share similar lifestyle choices?
Do you share similar outcomes?
Who is on your side?
What does a Certified Public Accountant do?
What does an estate planning attorney do?
What does an insurance agent do?
What does a mortgage broker do?
What does a real estate agent do?
What does a portfolio manager do?
What should we watch out for?
Who is on your side of the table, helping you meet your goals?
What does a Certified Financial Planner (CFP) do?
Who should care the most about your money?
What makes building a money team easier?
What are some of the characteristics that you want to look for?
What core qualities should a money team candidate exhibit?
- Do they show trustworthiness?
- Do they act in your best interest?
- Do they demonstrate good communication skills?
- Can they explain complex concepts in a way that makes sense?
- Do they have empathy and understanding?
- Do they have patience?
- Do they believe we have agency in our life?
- Do they have a growth mindset?
- Are they committed to continuous learning?
What are the red flags or things to watch out for?
- How does it feel working with this person?
- Do they withhold information?
- Is there a lack of transparency in their fees or costs?
- Are they exerting high pressure sales tactics?
- Are they forcing you to make quick decisions?
- Are they hard to reach?
- Are they always available?
- Do they shame you or intimidate you?
- Are they offering to “handle it”?
Would you like to hear Episode 122?
Would you like to hear Episode 159?
What about family finance?
What about money stress?
What about a family cash reserve?
What about coordination and resiliency?
What about open and honest family conversation?
What about the budget?
What about playing educational money games?
What about celebrating milestones?
Would you like to hear an example?
Who needs an estate plan?
What are your dreams, hopes and desires?
What are the key elements of a good estate plan?
What about some case studies?
Who is involved with you in your money?
What are some practical steps to take?

Episode 330: [Periodic Table of Abundance] No.1 Scaling Up and Overcoming Adversity

December 29, 2023 by Not Your Average Financial Podcast

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In this episode, we ask:

What are the systems, mindsets and skills for nurturing an abundant financial life?
How many Americans were properly educated on how money really works?
What findings did a 2020 study for the Endowment for Financial Education unearth?
How many Americans are financially literate?
What about vulnerability?
What about costly mistakes?
What about feelings of powerlessness when it comes to money?
What about financial education and guidance?
What about charting a course to financial peace of mind?
What will be in this mini-series?
What are the key principles for managing and growing wealth effectively?
What are the actions you need to take to make sure that your money is working for you?
Who should be on your money team?
What about estate planning?
What about the secrets of cash flow?
What about optimizing income and expenses?
What about tax strategies?
What about real estate?
Would you like to meet with Mark?
Who’s ready?
What about scaling up?
What about overcoming adversity?
What about mindset?
What is fixed?
What is fluid?
What about challenges?
What about learning?
What about resilience?
What about expanding beyond the comfort zone?
Is your current income the ceiling?
What about career advancement or skill development?
What are your options?
What about debt?
Would you like to hear Episode 71?
What about realistic goals?
What about a realistic challenge?
What about the mindset?
Is your future bigger than your past?
What are your opportunities for growth?
What about getting support?
What about exploring?
What about overcoming adversity?
How are you interpreting events?
What happens when adversity hits?
Who is building resilience?
What about positive interpretations?
What about negative interpretations?
What about realistic interpretations?
What are the takeaways?
What are your beliefs?
Who has the power?
What about a learning mindset?
Who do you know?
Would you like to join the FREE Not Your Average Community?
Would you like to join us next week?

Episode 329: The Danger of Future Predictions

December 22, 2023 by Not Your Average Financial Podcast

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In this episode, we ask:

What about Montezuma?
What happened to the Aztec empire?
What about the 1980s?
What about the Berlin Wall?
Who can predict accurately?
What about timing?
Did you see the movie, The Big Short?
What about food production?
What is confirmation bias?
What about cultivating a garden?
What about having nonperishable food on hand?
What about handling extreme situations?
What about pinpointing specific moments in time?
What about dividend paying whole life insurance policy?
Would you like to hear Episode 307?
What if the dollar disappears?
What is happening?
What about the info-tainers?
What about the ruling class?
What about the sailors from long ago?
Where do winds converge?
What about the doldrums?
What about when wind is in your sails?
What about certainty and uncertainty?
What about waiting?
What about the TV experts?
What is reassuring to know?
What about net worth?
What is on a contractual basis?
What is difficult?
What is continuing?
Are the experts wrong?
Why does the Bank on Yourself® philosophy make so much sense?
What can we influence?
What can we achieve?
What can we accomplish in the coming year?

Episode 328: A Better Way to Save, Invest and Borrow Money with John Ensley

December 15, 2023 by Not Your Average Financial Podcast

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In this episode, we ask:

Who is John Ensley?
Would you like to hear Episode 313?
What is becoming your own source of financing?
What is becoming our own source of credit?
What’s the problem with paying cash for things?
How is the Bank on Yourself concept even better than the concept of paying cash?
How can you become your own pension?
What is properly structured life insurance?
Are you giving up interest?
What is the cost of buying your cars with cash?
What’s near and dear to John’s heart?
What about Thomas Edison?
What about Nikola Tesla?
What about AC / DC current?
How does marketing affect our decision making?
What marketing messages are we hearing?
What is an annuity?
How might the myths and misconceptions about annuities be built on false claims?
Is there a pension store?
What services do insurance companies offer?
What is the perception vs. the reality of a 401(k)?
What have Mark and John learned after looking at many client’s statements?
How can someone make 13.31% over three years (AND have less money in their account)?
What about a snapshot in time?
How does that snapshot impact one’s future?
How is the financial system corrupt?
How is the marketing manipulating us?
Would you like to listen to Episode 56?
What happened in 1910, at a top-secret meeting on Jekyll Island?
What is the ERISA Act of 1974?
If the 401(k) was a person, would the 401(k) be old enough to retire?
What choices are there?
Do we have other options?
How can Bank On Yourself® type life insurance policies help us essentially opt-out or insulate ourselves?
How might we thrive in the midst of uncertain times?
What does John do to deal with booms and busts?
How do insurance companies differ from one another?
What is fractional reserve banking?
How might you vote with your dollars?
Would you like to jump on with John?
What is the difference between a spider and a starfish?
How will you make your life just a bit better after having listened?
Would you like to be a part of the revolution?

John Ensley is president of JEnsley Financial, a fiduciary, financial planning company and Registered Investment Advisor. John holds a Chartered Financial Consultant® designation from the American College of Financial Services and is one of an elite group of highly trained Bank On Yourself® Professionals. jumponwithjohn.com

Episode 327: [Client Spotlight] Brant Greathouse – Create a Business That Makes a Difference

December 8, 2023 by Not Your Average Financial Podcast

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In this episode, we ask:

How do you deliver value and excellence to everything you do?
What about Tom’s shoes?
Who is Brant Greathouse?
What is one of Brant’s earlier memories with money?
What shifted in Brant’s heart?
What about being closed fisted or open handed?
What shifted in Brant’s mind?
What about a purpose that is larger than ourselves?
What about stewardship?
What about risk and discomfort?
What about managing risk?
What about influence?
What about tools?
What is a 162A plan?
What is an executive bonus plan?
How does a business owner support the employee’s growth?
Would you like to hear Episode 177?
What part of the IRS code does the 401(k) come from?
What kind of employee do we want working at our business?
What is phenomenal?
How does one build a strong and flourishing team?
What about more advanced options?
What is the current average cost of a single family home in the U.S.?
What about serving people in a more meaningful way?
What are the takeaways?

Brant Greathouse brings with him more than fifteen years of extensive business experience, ranging from President and Chief Executive Officer of a privately-held marketing company, building a real estate investment company that offers turnkey investment strategies for residential housing in Texas and Tennessee. Brant brings experience in market evaluation, property analysis, property and business management systems, due diligence, finance, and more. Brant graduated from Abilene Christian University with a Bachelor’s of Arts Degree and a minor in Business Finance.

His expertise has led him to do over 250+ real estate transactions since 2009, including Manufactured Housing Communities, commercial developments, and single family homes. Brant’s foresight to the opportunities available in the affordable housing niche have led him to become the CEO and co-founder of True Star Capital, which specializes in the acquisition, operations and sales of manufactured housing communities. Naturally almost all of the previous real estate investment experience coupled with the success of two manufactured housing funds and learning from the top people in the industry gives Brant a high level of experience and expertise, for Acquisitions and Management of the portfolio of Manufactured Housing Communities that True Star Capital is investing in.

His duties for True Star Capital’s Portfolio focus on (i) Overseeing the management of any Company holdings. (ii) The sale of Company holdings. (iii) Developing a mobile home buying program that will be utilized to infill communities owned by the Company. (iv) Overseeing the development, design and implementation of the marketing strategy; and (v) the overall strategy and plan for client experience and satisfaction.