Not Your Average Financial Podcast™

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

Episode 337: [The Periodic Table of Abundance] No.8 Unveiling Holistic Wealth Beyond Money

February 16, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_337.mp3

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In this episode, we ask:

  • What is a wonder and a privilege?
  • What are the elements that make up a truly abundant life?
  • Would you like to get the special report on the Periodic Table of Abundance? Would you like to Request a Meeting?
  • 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
    • Would you like to hear Episode 335: No.6 Building a Better World Through Business Ownership, Tax Strategy and Giving
    • Would you like to hear Episode 336: No.7 Financial Independence and the Magic of Collateralization
  • What makes up the pursuit of abundance in your life?
  • What is holistic wealth?
  • What about healthy relationships?
  • What about influence?
  • Would you like to hear Episode 326?
  • What did Rabbi Daniel Lapin say in Episode 186 and in his book, The Holistic You?
    • What about Faith?
    • What about Fitness?
    • What about Family?
    • What about Finances?
    • What about Friends?
  • What are the four currencies of our life?
    • How about money?
    • What about time?
    • How is your energy?
    • What or who has your attention?
  • Would you like to hear Episode 324?
  • What did Jim Rohn say?
  • What about review and preview?
  • What about living in the present?
  • What about the future?
  • What about reviewing over and over again?
  • What is a myth?
  • What about reconciling the budget?
  • What about cash flow planning?
  • What did Nelson Nash say?
  • Can you control the financial environment where your money lives?
  • What is the most profitable thing?
  • What about effective reflection?
  • What about Thinking Time from the book The Road Less Stupid by Keith Cunningham?
  • What are the unasked questions?
  • How might I… so that I can… ?
  • How did it get this way?
  • Why does it stay this way?
  • How can I improve the way it works or the way it looks?
  • What in your financial life needs to be broken, so you can find better solutions?
  • What are the right questions?
  • What is genius?
  • What happens when you get the right question?
  • What don’t I see?
  • What are the (unintended) second order consequences?
  • What happened in India when the British implemented the snake eradication program?
  • What will happen if this goes sideways?
  • What is the upside?
  • What is the downside?
  • Can I live with the downside?
  • What about creating a machine?
  • What about implementation?
  • What will you do?
  • What about a 1% improvement?
  • What about an adventure of a lifetime?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_337.mp3

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

January 5, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_331.mp3

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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?

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.

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_331.mp3

Episode 326: [Toolbox] The WTH Effect is Wrecking Your Finances; Here’s How to Stop It

December 1, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_326.mp3

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In this episode, we ask:

  • What about the cravings?
  • What is the WTH Effect?
  • What happens when our actions contradict our beliefs?
  • What about spending money?
  • What about studying?
  • What about gambling?
  • What about watching streaming video?
  • What about self sabotage?
  • What about having a budget?
  • What about guilt?
  • What about credit cards?
  • What about goals?
  • What about emergency funds?
  • What about feelings?
  • Where else can the WTH phenomenon show up?
  • What about a story?
  • What about unintended consequences?
  • How does human psychology affect our finances?
  • What are some creative ways, tips and hacks?
  • What is the reverse spending strategy?
  • What about transferring from savings to checking?
  • When do we have higher self control and will power?
  • What about playing the infinite game (from Simon Sinek)?
  • What about winning?
  • Where is the finish line?
  • Who wants to play?
  • What about perspective?
  • What about trust, cooperation and innovation?
  • What is net worth?
  • What about fear?
  • What about incentive structures?
  • Who wants to be a millionaire?
  • What about regret and buyers remorse?
  • What about the drops in the market?
  • What is a better way to play the infinite game?
  • What about creating value?
  • How is value creation measured?
  • What aligns with your purpose?
  • How are you enriching yourself and other people?
  • What journey will your money take?
  • What some ways you can play the infinite game?
  • What about parents?
  • What about thinking long range?
  • What about stretching time?
  • What about contributing to making the world a better place?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_326.mp3

Episode 325: [Mythbusters] Thanksgiving and The Tragedy of the Commons

November 24, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_325.mp3

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In this episode, we ask:

  • Who do you know who needs to hear this?
  • Would you like a FREE book? Let us know!
  • What about learning to share?
  • What about a story?
  • What about written accounts from the pilgrims?
  • What about sharing?
  • Would you like to hear Episode 223?
  • What about contributing to one another?
  • What about ownership?
  • Who gets to enjoy a great harvest?

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_325.mp3

Episode 321: How to Give Your Child the Gift of Bank on Yourself® with Amanda Neely

October 27, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_321.mp3

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In this episode, we ask:

  • Have you seen this meme?
  • How many cookies?
  • What would your 18-year-old self choose?
  • Who is Amanda Neely?
  • Would you like to listen to more Not Your Average Financial Podcast episodes with Amanda Neely?
  • What’s the right time?
  • What does Amanda wish she had when she was 18?
  • What did Mark Twain say?
  • What is Bank on Yourself® and who is Pamela Yellen?
  • What steps did the father have in mind?
  • What is the flexibility?
  • What are the limits?
  • What is the design?
  • What about continuing to save?
  • What about modeling?
  • How much can you save now?
  • How much do you want to enjoy life?
  • What is the balance between enjoying life now and saving, so you can enjoy life later?
  • What is the custom design for your family’s financial story?
  • What about uninterrupted compound interest with savings?
  • What happens with a brokerage account?
  • What about foundational wealth?
  • Who will stay in really great health?
  • What about joy?
  • What about (living without breaking) compounding?
  • Have you read the Bank on Yourself Revolution by Pamela Yellen?
  • Would you like to see the sailboat on the Bank on Yourself Engineering podcast?
  • What are the components?
  • How can the family share the components?
  • How does this open up possibilities?
  • What’s the exit plan?
  • What are some design ideas?
  • What can a parent do with forethought?
  • What information do the young adults need?
  • What about expectation management?
  • Why should parents talk with their kids about policies?
  • Why do parents set up policies with their kids?
  • Why do parents gift policies to adult children?
  • Would you like to reach out to Amanda or Brandon at 513.447.6501?
  • What are the takeaways?

Amanda Neely, CFP® is a Certified Financial Professional® and Bank on Yourself® Professional, who uses her years of experience in business growth to develop personalized financial strategies for individuals, couples, and entrepreneurs. She works with people to find their unique path to financial freedom. Reach out to Amanda at www.wealthwisdomfp.com

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_321.mp3

Episode 317: [Client Spotlight] Homeschooling, Amazon and Financial Freedom with Kate Chattic

September 29, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_317.mp3

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In this episode, we ask:

  • How about a story?
  • What about unforgettable memories with your loved ones?
  • Who is Kate Chattic?
  • What happened on Kate’s recent adventure?
  • What large costs emerged?
  • What about creative solutions?
  • How did Kate use her policy loan?
  • What about problem solving?
  • What about teaching?
  • What about resilience?
  • What about selling on Amazon?
  • What does a day in the life look like?
  • Why did Kate start her Bank on Yourself® type whole life insurance policies?
  • What are the best plans?
  • What about getting your hands in dirt in gardening?
  • What about naming the money?
  • What about an emergency fund?
  • What about buying a vehicle?
  • What about choosing to pay back a loan very quickly?
  • What is Kate’s advice?
  • What about the generations?
  • When is the best time to plant a tree?
  • What are the takeaways?
  • Would you like to join the FREE Not Your Average Financial Community?
Kate Chattic is a homeschooling mother of seven, yes SEVEN, children! Two of those kids have grown up and flown away to new adventures, but while they were teenagers they aided her in starting a business on Amazon in 2015 that grew to become the full-time income for their family. It took just 2 years to bring her husband, Nate, home from his job to join his family in the business and homeschooling the children. Now their time is spent running their business, teaching others how to sell on Amazon and sharing how to utilize life insurance creatively! katechattic.com
https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_317.mp3

Episode 316: Living Off Rentals with Kirby Atwell

September 22, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_316.mp3

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In this episode, we ask:

  • What about short term rentals?
  • Who is Kirby Atwell?
  • What’s Kirby’s story with money?
  • What lessons did Kirby learn?
  • What about the sheep?
  • What happened when Kirby was in the army?
  • What did Kirby read?
  • What did Kirby realize?
  • What is Kirby’s unique model for short-term rentals?
  • What about several thousands dollars a month of net cash flow?
  • What about “the Albany model”?
  • What about a utilitarian model vs. high end model?
  • What about competition?
  • What about traditional or primary markets?
  • What is the biggest challenge in this model?
  • What happens throughout the seasons?
  • What is the situation on the ground right now?
  • What about interest rates?
  • What about loan programs for investment properties?
  • What about service costs for higher price points?
  • What about small multi-units?
  • What about structure?
  • What about DSCR?
  • What about long-term vs. short-term rental?
  • What about using a Bank on Yourself® type whole life insurance policy for down payments?
  • What about leverage?
  • What are the typical results in these markets?
  • How did Kirby discover his passion for short term rentals?
  • What is the worst case scenario?
  • What about the capacity to have a bigger impact?
  • What is the First Vacation Rental Investment Blueprint program?
  • Would you like to start Kirby’s masterclass?
  • What are the takeaways?
  • What is DSCR loan?
  • What about private money?
  • What about Bank on Yourself® type life insurance policies?

Kirby Atwell served 6 years as an officer in the US Army, after Graduating from West Point Military Academy. While serving in the military he developed a strong interest in real estate, and he bought his first rental property in 2006. In 2011, he left the service to pursue real estate full time. He started his first real estate investment company, rehabbing over 100 properties either to flip or keep as rentals in the Chicago area. Today, Kirby primarily focuses on investing in high-cash-flowing vacation rental properties. He owns a portfolio of vacation rentals in northern Indiana, where he lives on a 45-acre farm with his wife and young kids. He also helps others who work a full-time job to buy and set up their first high-cash-flowing vacation rental through his signature program called The First Vacation Rental Investment Blueprint. Kirby is the host of the Living Off Rentals podcast and YouTube channel.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_316.mp3

Episode 303: Expert Panel on Bank on Yourself® Client Stories

June 23, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_303.mp3

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In this episode, we ask:

  • What is even better than a five star review?
  • Who needs to hear this?
  • What book does Stephen recommend?
  • What did Stephen’s clients learn?
  • What did Dan’s client do with his cash value?
  • What were Mark’s clients able do with their modest policies?
  • What did Grant’s business owner client do?
  • Who wants to have control of their money?
  • Why would a business owner choose to do a Bank on Yourself® account strategy for their employees?
  • What about emergencies?
  • What happens with 401(k)s when losing an employee?
  • What about taxable accounts?
  • What about tax free money?
  • What about giving the family something more valuable?
  • What are the benefits?
  • Do employees love it?
  • What happened with John’s business owner client?
  • What about the challenge to get the funding for business expenses?
  • What’s the update with this client’s retirement?
  • Who wants more policies?
  • What is so powerful to understand about WHOLE LIFE insurance?
  • What do you need today? tomorrow?
  • Would you like to hear Episode 86 and Episode 87?
  • What did Amanda do?
  • Who pays tax via policy loans?
  • What about self escrow?
  • How much did Amanda’s client save in fees while doing self escrow with policy loans?
  • What seeds did Sarry’s client plant for the future?
  • What about Mark’s client’s family example?
  • What about thinking outside of the box?
  • Where is it written that you have to put all of your chips on red or black to meet your financial goals?
  • What are the takeaways?
  • Would you like to connect on the FREE Not Your Average Financial Community at notyouraverage.mn.co?

This episode features a round table of
select Bank On Yourself® Professionals, including:
John Ensley (Puget Sound, WA),
Sarry Ibrahim (Chicago, IL),
Dan Morris (Daytona Beach, FL),
Amanda Neely (Cincinnati, OH),
Brandon Neely (Cincinnati, OH),
Stephen Step (Los Angeles, CA)
and Grant Thompson (Amarillo, TX).

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_303.mp3

Episode 301: [Money Talks] Knowing When to Call a Financial Advisor

June 9, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_301.mp3

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In this episode, we ask:

  • What is one of the most satisfying parts of my work?
  • When is a good time to call?
  • What about a story?
  • Are bankers gonna bank?
  • Are collectors gonna collect?
  • When is it crucial to get a second set of eyes and ears?
  • What about dramatically improving your financial situation?
  • When should you call me?
  • What about the unexpected times?
  • Are you going into debt of any kind?
  • Are you in the midst of a job change?
  • Are you retiring or considering retirement?
  • Did you receive or are you about to receive an inheritance?
  • Have interest rates changed in a substantial way?
  • Has the stock market changed in a substantial way?
  • Do you pay tax on your social security?
  • Do you pay the alternative minimum tax?
  • Did you get married?
  • Did you get divorced?
  • Did you have a child?
  • Did you have another child?
  • Did you take on an aging parent?
  • Did you buy a home or are you considering buying a home?
  • Did you start a business?
  • Are you in the midst of a catastrophic illness, such as a heart attack, stroke or cancer?
  • Did you win the lottery?
  • What other reasons can you think up to call us?
  • Would you like to call our office at 1-800-962-9141?
  • Would you like to book with Mark?
  • What did Jim Rohn say?
  • What about rock, paper, scissors?
  • How are we predictable?
  • How might we need to adapt?
  • What about an example?
  • How might we fix this?
  • Who taught you that?
  • How’s that going for you?
  • Might it make sense to ask for help?
  • How might we discover opportunities in the midst of obstacles?
  • What are the traps?
  • What did Dwight D. Eisenhower say?
  • What are the dynamics?
  • What did Napoleon Bonaparte say? What happened in 1805?
  • How might you be resilient?
  • What did Russ Alan Prince say?
  • How many actually implement the plan?
  • What does this mean?
  • Who struggles to follow through?
  • What about the importance of ongoing communication?
  • What about a giant binder?
  • What about a relationship?
  • What about planning?
  • What is your specific concern?
  • What about goal setting?
  • What about taking targeted action?
  • What about a broad overview?
  • What about just in case vs. just in time planning?
  • Are you collecting pebbles?
  • Are you ready to take the pebbles out of your pocket?
  • Would you like to make an impact?
  • Where do monkeys outperform market managers?
  • What about a divorce case study?
  • Would you like to book with Mark?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_301.mp3

Episode 298: College Knowledge with Dave Kozak and Joe Kerins

May 19, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_298.mp3

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In this episode, we ask:

  • Who needs to hear this?
  • Would you like a free book?
  • Who is going to college?
  • Who is Dave Kozak?
  • Who is Joe Kerins?
  • What are some strategies beyond college planning?
  • What about strategic planning and critical thinking skills?
  • How does one plan for the non-college path?
  • What matters to financial success?
  • What does life insurance have to do with college planning?
  • Why do non-direct recognition life insurance loans matter?
  • What’s wrong with 529 plans?
  • What do we need to know now?
  • What is new in the college planning ecosystem?
  • Is college the next step?
  • Would core business education and learning hurt?
  • Are you beginning with the end in mind?
  • What is the best for our kids?
  • Who enjoys work?
  • Do your kids need to go to college?
  • What is Joe’s story?
  • What is the largest expense most families face?
  • How do college funding mistakes affect retirement?
  • What is the FAFSA?
  • …What don’t we know?
  • What’s the problem with traditional college financial planning?
  • What is the reality of the 529?
  • Are you saving college or are you investing for college?
  • What counts against you as you pay for college?
  • How do investments raise your college cost?
  • How does one win at this game?
  • How does financial aid work?
  • Do only poor people get a financial aid?
  • How does one build to their advantage?
  • What is financial aid?
  • Who needs to buy life insurance?
  • Who needs to fund an education?
  • Is it accessible?
  • How much are we going to spend?
  • Where is the money?
  • What are the secrets?
  • Why does a life insurance policy need to be non-direct recognition, for this to work?
  • Who understands policy design?
  • Why do IULs (indexed universal life insurance policies) fail?
  • What about compound growth?
  • Do you have to sacrifice your future retirement?
  • When do we earn our highest income?
  • Where will your money live?
  • What about an example?
  • What’s the difference?
  • Why does it matter?
  • How does one lower the cost of college?
  • How do Dave and Joe help on the front end of college planning?
  • What is the advantage of merit based dollars?
  • What if it wasn’t the school that made the career?
  • What about the social, academic and financial fit?
  • What about a regional school?
  • What about a case study?
  • Who is falling in love with a school?
  • Is the school truly a fit?
  • What is the cost?
  • Will schools compete for students?
  • How much does the school truly love this student?
  • Would you like to hear the College Knowledge podcast?
  • Would you like to learn more at elitecollegiateplanning.com?
  • What are the takeaways?
  • What about 529 plans and the Secure Act 2.0?
  • What are the classic mistakes parents make?
  • What about properly designed non-direct recognition life insurance policies?
  • How is this a double benefit?
  • Are you keeping your wealth in the family?

David A. Kozak is the founder and CEO of Elite Collegiate Planning and CEO of the College Planning Network. He has, in his own words, “the distinct honor” to work with families across the country to redefine what “investment” means to them. He believes—to quote Benjamin Franklin—“An investment in knowledge always pays the best dividends.” This drives his passion for educating families about how to send their children to college without jeopardizing their own financial goals and retirement. Dave created the College Knowledge podcast to let college insiders share their own expertise, experience and perspective to help inform college-bound families.

 

Joseph L. Kerins III, CCPS® is a Certified College Planning Specialist, Financial Planner, and Senior Planner at Paradigm Financial Group. Helping families pay for college without destroying their overall wealth and retirement is Joe’s focus. Many families don’t realize that it is not just a college problem, but a wealth and retirement problem. Joe works with these families to create unique plans with proper strategies to save and pay for college without sacrificing financial freedom and achieving all of their financial goals. Joe lives in Wayne, Pennsylvania with his wife, Mollie, and three children, Joey, Ellie and Eddie. Joe is a fourth-generation member of the South Philadelphia String Band, which participates annually in the Mummers Parade in Philadelphia.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_298.mp3
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