Posts Tagged ‘Wealth Is a Team Sport’
Passing the Torch: Multi-Generational Business Succession Strategies
In seventh grade, Mark Anderson mowed lawns for $3.50 a yard, saving diligently for his first major purchase—his future wife Amy’s engagement ring. Fast forward to today, Mark and Amy Anderson, founders of Anderson Technologies and Anderson Archival, are passing down a much larger legacy: a thriving multi-generational business. Their story, filled with grit, humility,…
Read MoreThe Truth About Investing Diversification: Why It’s More Than Just Spreading Risk
Have you ever been told not to put all your eggs in one basket? If you’ve been in the financial world for any amount of time, whether through your 401(k) or investing in the stock market, you’ve likely heard this advice. Investing diversification has long been hailed as a tried-and-true strategy for mitigating risk, ensuring…
Read MoreThe Problem with Financial Planning
Let me start with a story that highlights the problem with financial planning today. A colleague of mine works diligently as a financial advisor, and he schedules days to meet with employees about their 401(k)s. He’s prepared to offer invaluable advice, set up one-on-one meetings, and answer pressing questions. Yet, out of 50 employees, only…
Read MoreTop Generational Wealth Building Strategies – Lessons from Legendary Families
Many people aspire to build wealth that outlasts their lifetime, but the path to creating true generational wealth is often misunderstood. It’s not just about leaving behind a pile of money for your children to inherit. It’s about setting up a system that enables your family to continue growing that wealth, generation after generation, while…
Read MoreLeaving an Inheritance to My Great-Grandchildren
Do you want to give your kids the best possible chance at life, but you’re afraid of spoiling them, or worse? Are you concerned that leaving an inheritance will only end in disaster? Learn why “leaving an inheritance to my great-grandchildren” is a good thing and how to do it. Many parents are undecided about…
Read MoreFamily Business Dynamics, with Savannah Suttle
Do you want to grow and scale a family business, but family business dynamics are getting in the way? Unlock the secrets to harmonizing family business dynamics and business operations with Savannah Suttle from Schema Consulting to reveal the powerful impact of psychotherapy and marriage and family therapy techniques on family-run businesses. You’ll learn how…
Read MoreThe Power of Trusts for Generational Wealth with Joel Nagel
If you’re reading this, chances are you’ve already taken the first step towards securing your financial future. But what about the financial futures of your children, grandchildren, or even your great-grandchildren? The journey towards financial stability isn’t a one-generation game; it’s about creating a lasting legacy that will provide for your loved ones long after…
Read MoreEstate Planning 101: Protecting Your Loved Ones
Can you confidently say your family’s financial future is protected? Staring down the barrel of a life-altering moment, I was forced to confront the fragility of existence and the critical importance of having one’s affairs in order. That harrowing experience became a catalyst for today’s soul-searching episode of the Money Advantage podcast, where we navigate…
Read MoreHow to Protect Your Lifestyle with Insurance – Meaghan Dowd
Insurance may often seem like an enigma, a complex puzzle that’s challenging to decipher. You’re not alone in feeling this way. However, understanding insurance isn’t just a necessity; it’s the foundation for securing your financial future. Learn how to protect your lifestyle with insurance. In our most recent podcast episode, we were delighted to have…
Read MoreMarshall Family Banking System, Pt. 4
Want to see the real-time historical performance of the Infinite Banking Concept? Usually, when you hear about policy performance, it’s from looking at illustrations. But illustrations aren’t “performance,” they are projections of future growth, based on current dividends and interest. That’s why we love getting the opportunity to share the actual historical performance of Infinite Banking…
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