Not Your Average Financial Podcast™

Episode 281: Is Bank on Yourself® All It’s Cracked Up to Be? with Amanda Neely

January 20, 2023 by Not Your Average Financial Podcast

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In this episode, we ask:

What have your experiences been with financial planners?
What about insurance?
Why do so many struggle to trust insurance professionals?
How did Mark meet Amanda?
Who is Amanda Neely, CFP®?
What about the education?
What about the exam?
What about the ethics?
What about the experience?
How long did it take Amanda to study and sit for the CFP® exams?
Why did Amanda put herself through this?
What is special about being a fiduciary and a CFP®?
What about Bank on Yourself® type whole life insurance policies?
How many female Certified Financial Planners® are available?
What’s it like to be a CFP® and a Bank on Yourself® Professional?
How are specialties so valuable?
What about liquidity?
What about estate planning?
What about real estate?
What about tax?
How does a whole life insurance policy integrate into the rest of life?
What about other kinds of insurance?
What about liquid emergency cash?
Does the Bank on Yourself® concept still hold water after Amanda’s CFP® education?
What did Mark and Amanda find in the fine print in the investment textbooks?
What did they find in the models and formulas?
What are the flaws?
Why do we make decisions based on previous performance, when there are no guarantees of future performance?
What about investing in the stock market?
Do you really understand what you’re doing?
Are you choosing “your mechanic” wisely?
What “car” are you driving?
How does it feeling driving it?
Would you like to meet with Amanda?

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

Episode 280: Oh MYGA! Interest Rates Are Rising!

January 13, 2023 by Not Your Average Financial Podcast

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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 279: PREDICTION! Bank On Yourself® Hits Another All Time Record High

January 6, 2023 by Not Your Average Financial Podcast

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In this episode, we ask:

What is new?
What are some strategies?
Will the sun rise again?
What did Steve Jobs say?
Is it hard to know?
What will the stock market be doing at the end of this year?
What about volatility?
What about mortgage rates?
What about inflation?
How will your business perform?
Who is impressing Mark to no end?
What about a seven figure business?
What are the market shifts?
What is happening to his margins?
What about being reliant on W-2 income?
How do people tend to prepare for an uncertain future?
What about stocks?
What about Disneyland?
What about Goofy’s Sky School?
What about going up?
What about going down?
What about going left?
What about going right?
What about sitting on a roller coaster for 35 years?
What about returns?
What about constantly breaking compounding?
What was the experience of an average speed?
What about slamming on the breaks?
What happens when it loses 35%?
What about an example?
What happens in business?
How does age play into this?
Does the market care?
When do you want your money growing at its most efficient?
When are your best money years?
What about inflation?
Can you earn an income?
What about your least efficient years?
Wouldn’t it be great if you could get better gas mileage?
What if the software could be faster?
What about a linear return?
What about averages?
What about Bank on Yourself® type whole life insurance?
Can you do better investing in the stock market?
Is this an attractive alternative?
What about illustrations?
What about the rate of return?
What about the “average” returns of the stock market?
How does real compounding really work?
What about some examples?
What were these policies designed for?
What was the “average” rate of return on this sample?
How long have these been in force?
How much was that increase?
What about annualized internal returns?
What about savings account?
What about stock market returns?
What about crypto?
What about real estate?
What about anything else?
What about term insurance?
What about whole life insurance?
What about the increase in his cash?
What is the annualized yield?
What about the contributions?
What did a skeptical client ask?
How can I do more?
What about the policy ceiling?
What about predictable guarantees?
What about results?
What happens as a life insurance policy ages?
What about the unforeseen curve balls?
What will happen?
Will you get a pay raise?
Will you get laid off?
Will your policy get more and more efficient every year?
Will your policy hit an all time record high?
What is Mark’s prediction?
Can you lean on the guarantee?
Who are you working with?
Is your current financial planner willing to sign their name next to a minimum guarantee?
How can that be called a plan?
Will your policy hit another all time record high this year?

Episode 278: Overcoming Imposter Syndrome with Brian O’Neill

December 30, 2022 by Not Your Average Financial Podcast

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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.

Episode 277: Don’t Catch a Falling Knife

December 23, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

How many of your dollars have gone to money heaven?
What about stocks?
Will the market turnover continue?
Will the volatility endure?
Will this take a decade?
What about 1995 to 2022?
How far will the market fall?
What does it mean to revert to the mean?
Is this market super cheap?
Is it fairly valued?
Are stocks extremely expensive?
Are stocks “on sale”?
Is it time to buy the dip?
What about the tech stocks?
What about being careful?
Do you want to catch a falling knife?
What about the table pounding?
Does buying the dip really work?
Is it really a good time to buy?
How about previous prices being overvalued?
Were the tech companies overextended?
Who is being lulled into this falling knife market?
Who is receiving a fee?
Is your fund manager in the rarified group?
Should we have monkeys throw darts at a board?
What about the statistics?
What about human nature?
What about a financial guide?
What about Legolas from Lord of the Rings?
Who is your Gandalf?
What do your financial advisors need to know?
Who can predict the future?
What is the important skill for financial advisors to have?
What about the Lindy Effect?
Who will you help you look into the distant past?
What strategies have worked through difficult seasons?
Does whole life insurance and annuities thrive through the hardest times?
What about real estate?
What about the contract of wealth?
What about income?
What are our clients seeing?
What about returns?
What about fixed indexed annuities?
What about an average rate of return?
Are these real world scenarios?
Will you have to climb out of a hole again?
What are the takeaways?
What will the future hold?
Who sees the past?
Will you fall for the trap?
Will you move forward with humility?
What about avoiding losses?
Would you like some help?
Would you like to meet with Mark?
Who needs to hear this episode?
Do you know how thankful we are for you?

Episode 276: [Client Spotlight] Real Estate Self-Syndication with Philip Harris

December 16, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Is this what you expected?
What happens when you want to buy out your partners?
Who is Philip Harris?
How did Mark and Philip meet?
What was Philip’s first memory of real estate and real estate investing?
What about commercial real estate?
What about residential real estate?
What is Philip’s background?
What did Philip learn from mentors?
Where do you get your energy from?
How did Philip learn about infinite banking?
What about syndication?
How does Philip engage infinite banking / the Bank on Yourself® concept to buy real estate?
How is Philip “syndicating on himself”?
What is syndication?
What are the responsibilities?
What about passive vs. active?
How did Bank on Yourself® factor in to Philip’s strategy in the earlier years?
What are the additional benefits?
Why is this a good fit for Philip?
What are the headaches?
How does Philip’s engineering expertise drive his interest in whole life insurance?
How is boring actually exciting?
What are the goals?
What are the limits?
What about income replacement?
What about diversifying into various property types?
What did Philip realize?
What about eliminating the lender?
Why turn to a lender?
Will Philip become the lender for other borrowers?
What advice does Philip have?
What is prosperity?
Would you like to reach out to Philip at philip_harris@terrabonainc.com?
Would you like to join the Not Your Average Financial Community?
What could you do?

Philip Harris, a native of Texas, leveraged a B.S. in Computer Science & Engineering and MBA in Finance into a corporate career of 25 years in Computer Engineering and Support as well as Executive Management. Retiring in 2013, he began pursuing a new career as a commercial real estate investor, after studying under several mentors. Philip initially syndicated three multifamily deals but has since chosen to pursue his fourth (and soon-to-be fifth) deals on his own using a self-banking system and benefits from that approach.

Episode 275: [TOOLBOX] The Rare Commodity of Thinking and How to Do It

December 9, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

What are the actual steps of thinking?
Do you have a process for your thoughts?
Do we already know it all?
How does one reverse engineer?
Have you read The Road Less Stupid by Keith Cunningham?
Would you like to avoid the arrival syndrome?
What can we improve?
How much money would you have in your hands right now, if you could unwind the worst three financial decisions you’ve ever made?
What about doing fewer dumb things?
What about reading and thinking?
What is the skillset?
What about taking 30-45 minutes centered around a high value question?
What about pain avoidance?
What are the core disciplines?
Could we all become a bit better at thinking?
How many arguments might we avoid?
How much would it improve our BMI or waistline?
How about adding zeros to your net worth?
What is the unasked question?
What is the right answer?
What is the real problem?
What about the right question?
How might I ______ …. so I can _________ … ?
Would you like to hear Episode 122?
How might you separate the problem from the symptom?
What are the biggest problems?
What about adventures in missing the point?
How is the root problem different from the symptom?
- What are the possible reasons I’m noticing this symptom?
- What is not happening, that if it did happen would cause the perceived gap to narrow or disappear?
- What is happening, that if it stopped happening would cause the perceived gap to narrow or disappear?
Is this an easy task?
What about brutal honesty and penetrating questions?
What about checking your unexamined assumptions?
Where have I been substituting my opinions for real facts?
What do I not see?
What about considering the second order consequences?
- What is the downside?
- What is the upside?
- Can I live with the downside?
What about examining the unintended consequences?
What about creating the machine?
What about the change that will close the gap?
What about getting closer to our desired outcome?
What about a new strategy?
How might you use the skill of thinking to your advantage?
How might you get to the root and take decisive action?
Will you sit down by yourself and think?
Would you like to meet with Mark?

Episode 274: What Your Money is Trying to Tell You with Marty Smith

December 2, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to hear a very special presentation?
Is dividend paying whole life insurance the best vehicle possible?
Who is Marty Smith?
How is Marty in the belief changing the business?
Is the bank the best place to store your money?
Is the 401(k) the best place for your retirement dollars?
Is the 529 plan the best way to pay for education?
Is financing your car through the dealership the best way to pay for it?
What happened at the SML officers meeting?
What might would we do instead of a 401(k)?
What happened?
Why did you buy a dividend paying whole life insurance policy?
Why should you buy a dividend paying whole life insurance policy?
What about Nelson Nash?
Did Nelson Nash own 45(!) dividend paying whole life insurance policies?
Why don’t people buy?
Do most of us live our lives unconsciously?
Is reality hard to see?
What about lies, half-truths, misdirections, etc.?
What did Socrates say?
How do you become conscious?
How do you become aware?
What about thinking?
What happens next?
What about the feelings?
What about the intuition?
What about the sensations?
What are the clues?
What about examining the suffering?
What is the solution?
Is there a better way to reach my financial goals?
Do I have to take as much risk as I am taking?
What about taxes?
What about regulation?
What about inflation?
Why did I buy dividend paying whole life insurance policies?
Why did you buy dividend paying whole life insurance policies?
Why should you buy dividend paying whole life insurance policies?
What did Pamela Yellen say?
Is there something better?
What was Marty’s profound, life-changing experience?
What are the four simple reasons?
What happens when you become conscious?
Who taught you to put money in the bank?
Is the money in your bank guaranteed to grow?
What about negative interest rates?
What about disability?
What about a death benefit?
How is a dividend paying whole life insurance policy different?
How important is a leveraged death benefit?
What about cash value?
How much does your life insurance actually cost?
What is the best retirement vehicle for your money?
What did the creator of the 401(k), Ted Benna, say?
What is almost the opposite of the 401(k)?
What about liquidity?
What about increases?
What about tax free death benefits to leave for your family?
What is the best financing tool available?
What about collateralization through policy loans?
What about the growth?
What about control?
What about loan payback schedules?
What is the power of banking on yourself?
What about the power of building wealth with each generation of your family?
What about denial?
What about the clues?
What about suffering?
What should we welcome?
What might we examine?
What about thoughtful, critical actions and decisions?
Is dividend paying whole life insurance the best product ever created?

Marty Smith is the Regional Vice President of Security Mutual Life Insurance Company of New York. He loves Infinite Banking and Bank on Yourself Concepts, Circle of Wealth, and Wealth & Wisdom. He believes that dividend-paying, cash-value whole life insurance is the greatest financial product that’s ever been created.

Episode 273: Avoid the BEAR Trap and Build Real Wealth

November 25, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to jump in together?
Would you like to avoid the BEAR traps?
Why do people continually do things that are not in their best interest?
What about our subconscious operating system?
What about subconscious beliefs about money?
Is money the root of all evil?
Who deserves money?
Who needs money more?
Is there never enough?
Will I lose it?
Will my spouse take care of me?
What about the BEAR trap?
What about beliefs?
What about excuses?
What about actions?
What about results?
What happens when people win the lottery?
What about hitting an upper limit?
What about changing our beliefs?
What about taking stock of actual thoughts?
What about writing down your thoughts about money?
Do you have a journal?
Are the rich all crooks?
Is your house an asset?
Where did each of these beliefs come from?
Who taught you these?
What about mirror neurons?
What did Jim Rohn say?
What about excuses?
What about the future?
What about core beliefs?
What about thinking fresh thoughts?
What about thoughtful and exciting experimentation?
What about bringing it into the real world?
What about the actions? What about the being?
What is at the root?
What about finding encouraging results?
What about celebrating an upward spiral of results?
Where will your potential take you?
Was this helpful for you?
Does this start with you?
What’s your relationship with money like?
Does money get spent as soon as you have it?
Did you jot down your thoughts about money?
Would you like to be pleasantly surprised?

Episode 272: Know Where to Thrive!

November 18, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Do you truly have to deal with market losses?
Is there anything we can do?
What are the choices?
What has changed?
What would money look like if it were easy?
Why is money in your life?
What’s more important than money?
What about the power of the contract?
How might contracts protect you?
What contracts have guarantees?
What about Bank on Yourself type whole life insurance contracts?
What about a liquid bucket of money?
What about borrowing against the cash value?
What about uninterrupted compounding?
What about some examples?
What happens to your life savings in the market?
Will the money last as long as you do?
What about inflation?
What about pensions?
What modernized annuities?
What is a retirement account with airbags?
What about monthly income instead of net worth?
What is the history of annuities?
What is the difference between variable annuities and fixed annuities?
When do you want your income to start?
What about immediate annuities versus deferred annuities?
What about growth?
What happens when you run out of money? Will you run out of income?
What about old fashioned annuities?
What about new riders?
What about increasing income?
What about death benefits?
What about combining Bank on Yourself type whole life insurance with fixed income annuities?
What about making a contract with your financial future?
What about age?
What about health issues?
What about modest means?
Do you know where to thrive?
Is applied knowledge power?
Is your advisor a Bank on Yourself professional?
Would you like to meet with Mark?

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