Not Your Average Financial Podcast™

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

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

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

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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 319: The Genius of Business Franchising with Marty Greenbaum

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In this episode, we ask:

  • Who works as a W-2?
  • Who wants control over their own business?
  • What are the benefits of franchising?
  • Who is Marty Greenbaum?
  • How about a case study?
  • What about junk?
  • Who needs experience first?
  • How about regional territories?
  • What’s good about franchising?
  • Who works with Marty?
  • Where did Marty’s passion come from?
  • How many franchises are there in the U.S.?
  • Is this applicable to your business?
  • Who is in the business of royalty collection?
  • What about a vested interest?
  • What are the advantages to a franchise business model?
  • Who are the right kinds of people for franchising?
  • What about an example?
  • What are the attributes of the top performers?
  • Who is a good candidate?
  • Who gets awarded a good franchise?
  • What are the mistakes or pitfalls to avoid in franchise purchasing?
  • What about the legal standpoint?
  • What about the due diligence?
  • How is the territory determined?
  • What about speaking with existing owners?
  • What about mitigating risks?
  • What about franchise financing?
  • What about range?
  • How long does it take to get cash flow positive?
  • Are banks the final resting place for many businesses?
  • How does Marty get paid?
  • Would you like to visit smartfranchiseinvesting.com?
  • What about industries?
  • What about brands?
  • What about thorough due diligence?
  • What are the right questions?
  • How are you going to buy this thing?
  • What about Bank on Yourself® type whole life insurance?

Marty Greenbaum is a top franchise consultant with over 30 years of experience in franchising. He served his family’s franchise opening hundreds of locations and then grew an extremely successful marketing agency in franchising helping brands achieve their goals. He’s a Certified Franchise Executive and Founder of Smart Franchise Investing and is dedicated to helping people make smart decisions when it comes to franchise ownership. He’s helped hundreds of people explore franchise ownership, serving them as a franchise consultant, educator, and matchmaker. Email Marty at marty@smartfranchiseinvesting.com

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

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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

Episode 316: Living Off Rentals with Kirby Atwell

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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.

Episode 314: Business Formation Strategies with Cheri Hill

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In this episode, we ask:

  • Have you seen any of our videos on Youtube?
  • Who did Mark want to be like, when he was a kid?
  • What did Mark do to his hair?
  • Ever heard of “Barber on Yourself”?
  • Who is Cheri Hill?
  • Who wants to start a business?
  • Who wants to grow a business?
  • Who wants to exit a business?
  • What is Sage International?
  • How many companies have they set up?
  • What are the common themes that make or a break a business success?
  • How can Cheri tell whether someone will succeed or fail?
  • What about a solid foundation?
  • Who are the right people?
  • What does a day look like for Cheri?
  • What happens in the initial conversation?
  • What is the right entity?
  • What documents do they need?
  • Who does Cheri work with?
  • How about a horror story?
  • What about being proactive?
  • What is entity formation?
  • What about a LLC?
  • How does one protect streams of income?
  • What about a corporation?
  • What about tax elections?
  • How do I pay myself?
  • What about payroll?
  • What about becoming a W2 employee?
  • What about quarterly estimated taxes?
  • What is the goal?
  • How are C-Corps different?
  • What about relocations to different states?
  • What about 1031 exchanges?
  • What is Cheri’s goal?
  • What makes sense?
  • Would you like to call Cheri to schedule a conversation? 1-800-254-5779
  • Would you like to hear the Cheri Hill show?

Cheri S. Hill, “Wealth Protection Diva” has been a successful entrepreneur/business owner/premier business strategist for the past 30 years as President & CEO of Sage International, Inc., a company honored to play a consistent role in supporting the economic engine driving this country – small business – the backbone of America. Cheri has mastered the art of teaching entrepreneurs how to effectively start, grow and exit a successful business. She’s personally worked with thousands of business owners, entrepreneurs, real estate investors, professionals, and nonprofit founders by putting a solid foundation under each of their dreams. She knows that to win in business you need to be tough, think big and become skilled. As a gutsy successful business owner and sought-after creative mentor to many, she loves to give back!

Episode 310: Wealth on Any Income with Rennie Gabriel

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In this episode, we ask:

  • Would you like to join us for the FREE Not Your Average Financial Summit?
  • What is the smallest bird in the garden?
  • What about the tiny acorn?
  • What about Gutenberg?
  • How might small become mighty?
  • Who is Rennie Gabriel?
  • What was money like when Rennie was growing up?
  • What about a personal budget?
  • What about income and expenses?
  • What about coming up short?
  • What is Parkinson’s law?
  • What did Rennie learn?
  • What is A.F.I.?
  • What about attitude?
  • What about a shift in mindset?
  • What are the forms?
  • What about a net worth statement?
  • What is an asset? What is a liability?
  • What about investments?
  • What about businesses?
  • What about oil and gas?
  • What about triple net (NNN) leases?
  • What is not limited to stocks, bonds and mutual funds?
  • What about debt? What about investing?
  • How does one generate assets that are creating an income?
  • How did Rennie pay off credit card debt?
  • Which is better: paying off debt or saving first?
  • What about dividend paying whole life insurance?
  • What did Mark and Katrina do with debt?
  • How did Rennie and his wife use their dividend paying whole life policy loan feature?
  • Another revolutionary?!
  • What about having a foundation?
  • What about weird assets?
  • What about the simplest formulas?
    • Can you live on 80% or less of your income?
    • What about setting 10% aside for future income?
    • What about setting 10% aside for unexpected emergencies?
  • Why is common sense so uncommon today?
  • What does Rennie think about the school system?
  • Who is always changing the rules?
  • What is Rennie’s preference?
  • What about tax benefits?
  • What about losing privileges?
  • Do employees have choices?
  • What are some of the things Rennie is doing with the 10% for future income?
  • What about a down payment?
  • What about investing in business?
  • What about developing a tremendous income?
  • Is it too late to develop a tremendous?
  • How old is too old?
  • Who is able to develop?
  • How much should we save?
  • What is today’s average savings rate?
  • How can one develop a robust savings?
  • What about a case study?
  • What about Rennie’s TEDx talk, Building Wealth with Purpose?
  • What does money do?
  • What are the action steps?
  • What about the 10% rule?
  • What is a brain-dead way to achieve wealth and financial freedom?
  • What about the book, The Richest Man in Babylon?
  • What about the book, The Richest Boy in Athens (for ages 5-12)?
  • Do you need to review your current financial situation?
  • Who has discipline?
  • Who can make conscious decisions?
  • What about increasing savings each quarter?
  • Should I pay off my debt first?
  • Should I invest first?
  • Neither?
  • What are you relying upon?
  • How did we pay off debt? Would you like to hear Episode 75 or hear more about getting out of debt?
  • What about money?
  • What about time?
  • How does true wealth come?

Join us this year, as we explore
the roots behind what we’re inheriting
and how we can navigate in the future.

Who: You! + Amazing Speakers, Authors and Industry Leaders
What: The 3rd Annual Not Your Average Financial Summit
When: September 6-7, 2023; 1PM to 4:30PM CT both days
(Please adjust for your timezone.)
Where: Virtual
How: REGISTER HERE!

Rennie Gabriel went from broke at age 50 to multi-millionaire after learning the three secrets of the wealthy (despite failing high school math). Rennie is a TEDx speaker and now donates 100% of the profits from his books and online programs to rescue dogs and soldiers. His award-winning, best-selling book, Wealth On Any Income has been translated into eight languages.

Episode 292: Multiple Streams of Tax-Free Income in Retirement

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In this episode, we ask:

  • What is better than a five star review?
  • Who needs to hear this?
  • Who wants a FREE book?
  • When is the time to make changes to your tax situation?
  • Would you like to hear Episode 290 and Episode 291?
  • Who wants multiple streams of tax-free income?
  • How many streams are we talking about?
  • How many streams of income does Ryan Reger have? Would you like to hear Episode 76?
  • What provides a series of tax advantages?
  • What happens if the IRS changes the rules?
  • What about social security?
  • What is the correct time to take social security benefits?
  • What are the factors that play into this decision?
  • What happened to social security rules in the 1980s?
  • How much of your social security check is taxable?
  • What about Roth IRA conversions?
  • What tax trap is easy to fall into?
  • Why is it smart to do a piece meal, internal, multi-year conversion?
  • What did Nelson Nash say?
  • Who is getting a guaranteed income stream?
  • How might one spread out the tax liability?
  • Is there still time?
  • What is the standard deduction?
  • What about an income annuity?
  • What about an example?
  • When were you taxed?
  • What about a recap?
  • What about some counter-intuitive strategies?
  • What about muni-bonds?
  • What about tax on muni-bonds?
  • How does this affect social security?
  • How much will you pay in tax?
  • How many states charge tax on muni-bonds?
  • What are the rates?
  • What about call risk?
  • What about reverse mortgages?
  • What are the takeaways?
  • What about future taxes?
  • What about putting all your eggs in one tax-free basket?
  • Does your CPA think beyond this year?
  • Would you like to join us next week?

Episode 280: Oh MYGA! Interest Rates Are Rising!

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In this episode, we ask:

  • Have you shared this episode?
  • Would you like a free book? Show us how you shared this episode, and we will send you a book!
  • What happens when your environment changes?
  • What about the boring Certificate of Deposit (CD)?
  • Are CDs liquid?
  • What is the history of the CD?
  • What about the current interest rates?
  • What about tax?
  • What is a mutli-year guaranteed annuity (MYGA)?
  • What about the guarantees?
  • What is there to love about MYGAs?
  • What is a 1035 exchange?
  • What about thinking long term?
  • What about some examples?
  • What about transferring from a MYGA to a single premium indexed annuity(SPIA)?
  • What are the alternatives?
  • What about the 4% rule?
  • What about commissions?
  • What about guarantees?
  • What about low fees or no fees?
  • What are the age ranges?
  • What are the risks of a MYGA?
  • What about FDIC insurance?
  • Would you like to hear Episode 55?
  • Who is going to pay?
  • What happened in Cyprus?
  • What about knowing the environment?

Episode 278: Overcoming Imposter Syndrome with Brian O’Neill

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In this episode, we ask:

  • Do you need new skills?
  • What about the tools?
  • What skills might it take to be a good and successful employee?
  • What does it take to become a business owner or entrepreneur?
  • Who is Brian O’Neill?
  • What does it feel like to quit your day job?
  • What was the message Brian internalized?
  • What happened when Brian had a son?
  • What did Brian’s son say?
  • What did Brian say to his wife?
  • When did Brian end his W-2 job?
  • What about anxiety?
  • What is the imposter syndrome?
  • What about the fear of success?
  • Have you read the book, Mindset by Carol Dweck?
  • Who has made errors?
  • What hurdles did Brian overcome?
  • Where is the true risk?
  • What are some of the practical things Brian has engaged?
  • How was a Bank on Yourself® type whole life insurance policy life changing for Brian?
  • What about health insurance?
  • What about tax?
  • Is your boss in a parental role?
  • How might you rely on yourself?
  • What happened when Brian told his son about his Bank on Yourself® type whole life insurance policy?
  • What is the strong reason?
  • What will it look like if…?
  • What is Brian up to?
  • Would you like to learn more at w2prisonbreak.com?
  • Where is the most risky place to be, in terms of your income?
  • Would you like to join our FREE Not Your Average Community?

Brian O’Neill is an experienced real estate investor, author, speaker, coach and podcast host. In his real estate business, he specializes in creative finance strategies for purchasing properties, offering flexible solutions for both buyers and sellers.

Brian spent 25 years in corporate sales, stuck in a job he didn’t like and being away from his wife and young son. After decades of trying, Brian was finally able to break free and start his own real estate business and now he helps other aspiring entrepreneurs in similar situations
break out of their W2 Prisons through his coaching program and his podcast – The W2 Prison Break Show.

Brian has experienced many challenges and roadblocks in his life and has had lots of help from family, coaches, and mentors along the way. Providing the highest value to his clients to help them realize their dreams is something that drives him on a daily basis.