Wealth On Main Street 250: “Is Infinite Banking Too Good to be True??” Is Infinite Banking too good to be true, or are people just not aware of how powerful it can be?  In this episode, Jayson Lowe and Richard Canfield pull back the curtain on the Infinite Banking Concept, addressing the skepticism surrounding it. They reveal why whole life insurance policies are often seen as the ‘Fort Knox of finance' and how these strategies can give you more control over your money.   Life insurance companies remain some of the most financially solvent institutions on the planet. The stability of […]

Wealth On Main Street 249: Regaining Financial Freedom in a Rigged Financial System ORDER A COPY OF JOHN McGUIRE'S NEW BOOK! Wealth Without Wall Street: Taking back control of your money in a rigged financial system: Following traditional financial advice often ends up padding the pockets of big banks while leaving everyone else behind. Financial independence shouldn’t mean gambling your future in the stock market or being tied to rising debt. In this episode, John McGuire, founder of Signature Wealth Advisory, joins us to lay out real-world tactics for taking charge of your finances. With over 25 years of industry […]

Wealth Without Bay Street 240: I Wish I Started Infinite Banking Sooner ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/  Website: https://dontspreadwealth.com/  What if you could take control of your financial destiny and make your money work as hard as you do?   In this episode, Art Dadson reveals his journey from being a saturation diver who blew every dollar he earned to becoming his own banker, emphasizing the importance of building a financial fortress through the Infinite […]

Wealth Without Bay Street EPISODE 149: Featuring on today’s episode of Wealth Without Bay Street is Roman Pushkar. Join us as Richard and Roman talk about the differences in implementing the infinite banking concept in the USA versus Canada.

Wealth Without Bay Street EPISODE #148: Join us for today’s episode of Wealth Without Baystreet as Richard and Jayson discuss the payouts of a death claim on insurance policies and about incontestability periods.

Wealth Without Bay Street EPISODE 147: On today’s episode of Wealth Without Baystreet, we are joined by Vernon McCarty and Richard Canfield as they talk about The Infinite Banking Concept and how you can use the Financial Tailwind for your Whole Life.

Wealth Without Bay Street EPISODE 146: Featuring on today’s episode of Wealth Without Bay Street is John Bromley. John Bromley is the CEO and founder of Charitable Impact. He grew up with charity at the core of his family’s values. He started his career in corporate finance working with PwC and RBC Capital Markets and then went to work with his father, Blake Bromley. John recognised a need to make giving more accessible and more effective. With that in mind, John went on to launch Charitable Impact. Charitable Impact is a fully online DAF platform where you have an online bank account that processes cash & non-cash (Stocks, real estate, insurance, crypto etc) donations. Their Mission is to nurture the generosity within each person, and bring the resources for creating change in the world to everyone.

FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/   Wealth Without Bay Street EPISODE #144: Join us for today’s episode of Wealth Without Baystreet as Richard and Jayson discuss the corporate infinite banking with passive income with an example of a million dollar premium.   IN THIS EPISODE, YOU WILL LEARN:  […]

Wealth Without Bay Street EPISODE 143: Featuring on today’s episode of Wealth Without Bay Street is Roman Pushkar. Join us as Richard and Roman talk about inflation, their experiences and how you can implement IBC and how it can help.

FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/ 

 

Wealth Without Bay Street EPISODE 142: Joining us on today’s episode of Wealth Without Bay Street is Brittany Anderson. Brittany Anderson is the President and Shareholder of a top-ranked financial services firm, Sweet Financial Partners. Having more than a decade’s worth of experience in her field, she has taken her business building and team engaging insights, and has worked with CEO’s, Entrepreneurs, Business Owners, and Authors. Brittany is also the co-creator of the Ultimate Advisor Coaching and Ultimate Advisor Mastermind Platforms. Her insights have been featured in national media outlets such as the Huffington Post, Barron’s, Private Wealth Magazine, Soar to Success & Forbes magazine. She has shared her expertise through her contribution to three published books and will continue on with her love for writing as she is set to publish two additional books in 2022. As an influential speaker and author, Brittany Anderson has spoken at Million Dollar Round Table, Raymond James National Conference, EWAS and others on showing up each day to be more than a title, more than a label, and pursuing a life that fulfils their purpose.

 

IN THIS EPISODE, YOU WILL LEARN: 

0:00 Introduction

1:26 Brittany’s Journey

6:52 For The Next Generation

10:43 Don’t Have A Scarcity Mindset

13:55 Leaving A Legacy

24:16 Creating The Right Space

28:53 Reflecting On Who You Truly Are

34:17 What Does Your Brain Look For

40:16 Who Would Brittany Want To Be A Hero To

 

Connect With Brittany:

Website: https://sweetfinancial.com/

FaceBook: https://www.facebook.com/brittany.anderson.25

Instagram: @thebrittanyanderson

LinkedIn: https://www.linkedin.com/in/brittany-anderson/

 

FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/ 

 

Wealth Without Bay Street EPISODE #141: Join us for today’s episode of Wealth Without Bay Street with your hosts, Jayson and Richard, as they discuss how to use the infinite banking system to your advantage by shielding yourself from inflation and unnecessary taxes.

 

IN THIS EPISODE, YOU WILL LEARN: 

0:00 Introduction

2:52 Tax Hikes In Canada

6:54 Canada Pension Plan Contributions

9:34 What Goes In The CPP vs. Our Own Family System

19:25 Want Control Over Your Finances

21:36 Policies Keep You Safe

25:19 Don’t Rely On Banks

 

Wealth Without Bay Street EPISODE 140: Back on today’s episode of Wealth Without Bay Street is Justin Breen. Justin is the founder and CEO of BrEpic Communications LLC, a PR firm that works exclusively with visionaries and exceptional businesses around the world. He has won dozens of editing and writing awards and is an author of countless viral stories. Justin is hard-wired to seek out and create viral, thought-provoking stories that the media craves, and he finds the best stories when he networks with visionary entrepreneurs and executives who understand the value of investing in themselves and their businesses. He has built an international network of extraordinary people and believes strongly in the power of introductions and creating important relationships through those introductions.

 

IN THIS EPISODE, YOU WILL LEARN: 

0:00 Introduction

1:33 What Inspired Justin’s Book

4:31 Coping As An Entrepreneur

10:03 Visionaries And Stabilisers

14:24 Execute Don’t Overthink

20:53 Being An Entrepreneur In Your Family

26:16 Learning From Our Parents

31:17 Raising Children To Be Strong

38:21 Having Family Activities

46:25 Learning From Other Entrepreneurs

 

Connect With Justin:

Website: www.BrEpicLLC.com

LinkedIn: https://www.linkedin.com/in/justinbreen1

 

New Book: Epic Life: https://www.amazon.ca/Epic-Life-Collaborative-Companies-Putting/dp/1544532563/

 

Wealth Without Bay Street EPISODE #139: Join us for today’s episode of Wealth Without Baystreet with Jayson and Richard to learn about how to use the infinite banking concept to ensure the lives of key people in your life.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:53 Insure The Co-Founder in Your Family and Business

4:46 Take a Look at the Example

8:11 Is The Policy Exempt From Tax?

11:15 Growing Cash Value

14:08 Years Five to Six

18:26 What Happens if the Life Insured Dies

22:24 Money Had to Reside Somewhere

25:06 An Example in Real Estate

28:34 Protect Yourselves

Wealth Without Bay Street 239: The Infinite Banking Concept Coaching Academy Review ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/  Website: https://dontspreadwealth.com/  The Infinite Banking Concept (IBC) Coaching Academy is here to guide you through the journey, equipping you with the tools and strategies you need to master this revolutionary approach.  In this episode, we dive deep into a review of the Infinite Banking Concept Coaching Academy, highlighting how it serves as a comprehensive guide for both […]

Wealth Without Bay Street EPISODE 138: Featuring on today’s episode is Genady Knizhnik, a co-founder of Bot Publishing, he has helped to create a language learning platform called LillyPad, an innovative and unique take on the existing Digital Language learning industry combining the power of the most recommended path to achieve fluency with the latest AI technologies. LillyPad focuses on intermediate/advanced language learners who are underserved by the majority of existing applications.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:25 How LillyPad Came To Be

4:03 What Make LillyPad Different

11:35 Applications of LillyPad

12:19 Three Tenants Of LillyPad

16:28 How AI Is Used In LillyPad

21:05 How LillyPad Was Started

24:20 Who Would Genady Want To Be A Hero To

Connect With Genady:

Website: https://lillypad.ai/

FaceBook: https://www.facebook.com/lillypad.english/

Instagram: https://www.instagram.com/lillypad.english

Wealth Without Bay Street EPISODE #137: Join us for today’s episode of Wealth Without Baystreet with Jayson and Richard to learn about how becoming your own banker can be financially freeing!

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:20 Interest Rates in 1980’s vs. Today

9:44 Nelson’s Example

14:34 Getting People To Catch On

16:16 Magic Of Leverage

22:24 Wealth Has To Reside Somewhere

Wealth Without Bay Street EPISODE 136: Today’s episode features Henry Wong again. Henry is a professional CPA who also trains other CPA’s across Canada specializing in taxation and passing through the nationals exams. Today he uses the opportunity to help explain Canadian life insurance landmines that U.S. citizens can avoid. Join us today as Henry present’s data about the Canada Pension Plan and analyzes what this could mean for the future.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:51 How Does The Canada Pension Plan Work

4:02 Aspects Of CPP To Be Aware Of

8:38 How Losing $22 Billion Affects Everyone

19:06 Contributions In 2020

23:04 CPP And Its History

26:22 Contributions And Withdrawals

31:46 Putting Yourself In An Advantageous Position

36:11 Employer Contribution Is An Expense

40:47 Canada Revenue Agency – Boiling Frog Syndrome

49:44 How Much are You Really Contributing

53:46 Looking Towards 2023

59:02 Limitations Of The CPP

Wealth Without Bay Street EPISODE 135: Featuring on today’s episode is Monty Bhatia. Monty graduated from U of T as a Software Engineer and has been working in the Technology space for the past 20 years.  He is also a real estate salesperson, real estate investor and Smith Manoeuvre Certified Ambassador. Monty practices the Infinite Banking Concept as well as The Smith Manoeuvre personally.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:53 How Monty Integrated IBC With The Smith Manoeuvre

8:57 Essence Of The Smith Manoeuvre

15:24 Implementing “Accelerators”

18:25 Where Do These Processes Integrate

22:56 Does This Affect Your Taxes

26:21 Advantages Of Using This Tool

32:45 Having Conversations About The Smith Manoeuvre

39:10 Who Would Monty Want To Be A Hero To

Connect With Monty:

Email: me@montybhatia.ca

Contact: 647-234-0464

Smith Manoeuvre Calculator

Smith Manoeuvre Book

Smith Manoeuvre Homeowners Course

Wealth Without Bay Street EPISODE 134: Featuring on today’s episode is Carrie Johnson. Carrie has been a Certified Nail Technician for 19 years and an Educator for 17 years. She loves sharing and teaching new skills to people who are eager to learn. Carrie is also an enthusiastic learner and you can join us today to learn more about her journey with IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:27 Carrie’s Journey With IBC

9:43 How Has the Process Been?

13:27 Sharing About IBC

17:47 Never Too Late to Start

24:25 Doing Nails and Business!

28:47 Starting With Baby Steps

Wealth Without Bay Street EPISODE 133: Featuring on today’s episode is Nathan Hirsch. Nathan is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan started his first business in 2009 from his college dorm room buying and selling textbooks on Amazon. In the next 5 years, he expanded into other products and scaled it to over $25 million in total sales.

After scaling his Amazon business and hiring hundreds of virtual assistants from sites like Upwork and Fiverr, he and his business partner, Connor Gillivan, co-founded and scaled FreeUp.net with an initial $5,000 investment to $12 million in yearly sales. FreeUp was acquired in 2019 by The Hoth.

In 2020, Nathan co-founded Outsource School to offer his exact online hiring and management methods to business owners looking to build a remote team. Nathan scaled Outsource School to hundreds of members and it continues to grow today.

In 2021, Nathan co-founded EcomBalance, an online bookkeeping service to help eCommerce business owners better master their finances and bookkeeping. After interviewing 100+ eCommerce business owners, it was clear that there was a need for a better solution in the market. Nathan decided to tackle it and the company is growing quickly.

Originally from Massachusetts, Nathan is now a foster parent and lives in Denver, Colorado with his wife and two dogs.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:50 Nathan’s Entrepreneur Journey

5:39 About EcomBalance

10:03 Selling Free Up

13:57 Comparing Trends and Numbers

20:06 Know When to Go On and Stop

24:31 Working With Trial and Error

30:36 Having the Right Partner

38:41Who Would Nathan Want To Be a Hero To

Get Connected With Nathan:

phone:  413-250-0846

email:  nathan@ecombalance.com

website: ecombalance.com

Wealth Without Bay Street EPISODE 132: Featuring on today’s episode is Jennifer Wolfe, who recently started her journey with infinite banking and now helps others with theirs. Join us today with Richard Canfield and Vernon McCarty to discuss the infinite banking policy application process to make your journey easier.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:21 The Start of Jennifer’s Journey With IBC

10:34 What To Be Prepared For When You Start

15:25 How Long Does The Application Take

20:27 Give All The Information You Can

22:53 What is an APS?

28:49 Process of Taking a Policy Loan

36:40 Continue To Meet Your Coach

38:33 Who Would Jennifer Want To Be a Hero To

Get Connected With Jennifer:

E-Mail: jwolfe@ascendantfinancial.ca

Wealth Without Bay Street EPISODE 131: Featuring on today’s episode is Cherry Chan. Cherry is an entrepreneur, author, blogger, and mom of two young kids. Her accounting practice specializes in helping Real Estate Investors reach their investment goals. She started her real estate investment journey over 10 years ago by buying one

student rental in her own name then became two more in the same year. Now she co-owns multiple properties with her husband. Through her blog, she has been inspiring others to take charge of their lives, make changes and take action. Cherry is also a Best-Selling Author on Amazon for her book called “Complete Taxation Guide to Canadian Real Estate Investing”. She can be reached via her website at RealEstateTaxTips.ca

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:06 Cherry’s Golden Nuggets of Wisdom

5:41 Everyone Has a Different Criteria

8:47 Dealing With Multiple Joint Ventures

11:52 Financial Pressure of Losing a Loved One

15:47 Estate Planning

19:58 Life Insurance as Collateral

24:30 Taxes and Property

28:42 Liability Aspects

33:57 Cherry’s Blogging Journey

39:48 Who Would Cherry Want To Be a Hero To

Get Connected With Cherry:

Instagram: https://www.instagram.com/realestatetaxtips/

Facebook: https://www.facebook.com/RealEstateTaxTips

YouTube:https://www.youtube.com/channel/UCeF071nDgWkbpm4J65uLbmA

Wealth Without Bay Street EPISODE #130: On today’s episode of Wealth Without Baystreet, Jayson and Richard talk about how you can invest with your whole life policy loans and about interest deductions.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

00:29 Is Policy Loan Interest Tax Deductible?

3:09 Two Tracks You Can Take

5:28 Being an Honest Banker

9:36 Interest Write-Off

12:26 Know Your Options

16:56 Commercial Banks vs. Life Insurance Companies

Wealth Without Bay Street EPISODE 129: On today’s episode of Wealth Without Baystreet, we are joined by Vernon McCarty and Richard Canfield as they talk about

The Infinite Banking Concept and how Par Whole Life Insurance in Canada is the original Tax-Free Savings account. This is part two of the two part series, where Richard and Vernon get their rant on!

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:31 Insurance Has Good Value

4:48 Control the Process

6:42 Debt to Deposit Ratio

9:38 Tale of Two Dads

12:56 Passing Down a Policy

17:54 Getting Your Info From the Right Place

24:58 Choose The Most Equipped

26:45 What Insurance Companies Do Wrong

34:30 Product vs. Process

37:48 Why You Should Read Nelson’s Book

Wealth Without Bay Street 238: How Infinite Banking Can Revolutionize the $112M Game Plan of Leon Draisaitl BUY A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/  Website: https://dontspreadwealth.com/  What if you could take control of your finances the same way Leon Draisaitl controls the ice?  In this episode, we dive into the concept of Infinite Banking, a method designed for those seeking to maximize wealth while minimizing financial dependency on external institutions. You'll learn how this innovative approach […]

Wealth Without Bay Street EPISODE 128: On today’s episode of Wealth Without Baystreet, we are joined by Vernon McCarty and Richard Canfield as they talk about The Infinite Banking Concept and how Par Whole Life Insurance in Canada is the original Tax-Free Savings account. This is part one of the two part series so we hope you stay tuned!

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:33 Misclassification of the Tax Free Savings Account

4:34 Easing Into Understanding IBC

7:18 TFSA vs. IBC

13:08 The Original Tax Free Savings Account

19:15 Don’t Be a Poor Planner

25:28 Anything Can Happen

35:42 You Can Start Anywhere

Wealth Without Bay Street EPISODE 127: Today’s episode features Henry Wong again. Henry is a professional CPA who also trains other CPA’s across Canada specializing in taxation and passing through the nationals exams. Today he uses the opportunity to help explain Canadian life insurance landmines that U.S. citizens can avoid.

Henry chanced upon the book “Becoming Your Own Banker” and began to piece together all his knowledge of life insurance and financial accounting and soon began to pursue the journey of becoming his own banker. He now trains others as an accountant in how to build their own personal capital pool and manage their taxation through IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:03 Separating Yourself From The Two Systems

4:54 How Much Tax Does An Average Canadian Family Pay

8:30 The Five D’s

10:04 Using Time To Your Advantage (Defer)

12:38 Misconception of the Lower Tax Bracket

16:19 Design of The Canadian Tax System (Design)

20:47 Defining Your Income (Define)

26:38 Dividing the Income (Divide)

35:38 The Disconnect (Disconnect)

42:15 Other Products Considered Income

Wealth Without Bay Street EPISODE 126: Featuring on today’s episode is Mike Everett, one of the most passionate people you’ll ever meet about The Infinite Banking Concept, commonly known as IBC. As an Authorized Practitioner, the ONLY thing Mike does is help people learn, understand and utilize the unbelievable power of The Infinite Banking Concept through dividend-paying whole life insurance. As a result, he’s had the honor of becoming one of the premier IBC Coaches & Teachers in the country. One of Mike’s main goals is for you to utilize his knowledge and personal experience to enhance and grow your wealth systematically.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:15 Mike’s Enthusiasm For IBC

5:12 Don’t Read BYOB After 9pm

10:00 The Book That Has Everything You Need

15:48 17 Years of Paying Premium

19:24 You Are Likely To Screw Up Your Plan!

26:12 Nelson’s Advice To Mike

33:27 Journey Of Learning Never Stops

39:52 Simple But Not That Simple

47:26 Who Would Mike Want To Be a Hero To

Get Connected:

Life Success & Legacy: https://lifesuccesslegacy.com/

Contact: mike.everett@lifesuccesslegacy.com

Wealth Without Bay Street EPISODE 125: Featuring on today’s episode is Tim Yurek, the founder and CEO of Tier 1 Capital, a leading national financial consulting firm. Over his 35+ year career, he has worked with thousands of families across the country helping them achieve their financial goals – like sending their children to college, purchasing a new home or property, planning for business succession and successfully navigating their way through all stages of their financial journey. As the CEO of the company, Tim plays a foundational role in supporting the business. Everything from designing financial plans to identify funding sources to implementing these plans to secure funding. All of this work is powered by the unique application of Tier 1 Capital’s Growth Process. Tim’s promise to clients is to help them truly experience financial freedom by using strategies that minimize risk, increase accessibility, and put them in control of their money.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:25 Tim’s Time and Journey With Nelson

8:15 Looking Back – From 1997 to 2022

11:09 Going Back to the Basics

13:47 Don’t Knock It Till You Try It!

16:52 How Has IBC Evolved Over Time For Tim

21:30 Learning To Manage Finances

26:23 Tim’s Advice to You

30:49 Communicating the Process

33:47 Never Too Late to Start – Nelson’s Start

40:25 Investing For Future Generations

49:31 Who Would Tim Want To Be a Hero To

Get Connected:

LinkedIn: https://www.linkedin.com/in/timothy-yurek

Contact: https://financialprofessionals.massmutual.com/timothy-yurek

Tier 1 Capital: https://tier1capital.com/about-us/

Wealth Without Bay Street EPISODE 124: Featured on today’s episode is Henry Wong, a professional CPA who also trains other CPA’s across Canada specializing in taxation and passing through the nationals exams. Today Henry uses the opportunity to help explain Canadian life insurance landmines that U.S. citizens can avoid.

Henry chanced upon the book “Becoming Your Own Banker” and began to piece together all his knowledge of life insurance and financial accounting and soon began to pursue the journey of becoming his own banker. He now trains others as an accountant in how to build their own personal capital pool and manage their taxation through IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:47 Insurance is Tied to Your Citizenship and Residency

8:05 Canada vs. U.S. Exempt Rules

10:18 Getting Canadian Insurance as a U.S. Citizen

12:29 Estate Tax

17:05 American vs. Canadian Tax System

21:08 U.S. Exempt Test

28:51 Identifying the Problem and Finding the Solution

30:14 Having a Canadian Citizen Beneficiary

31:16 Imposing Excise Tax

34:42 Tips For U.S. Citizens

40:10 Irrevocable Beneficiary

46:09 Cutting Ties With Canada

Wealth Without Bay Street EPISODE 123: Joined on today’s episode is Justin Craft, President of Nowlin & Associates, a leading wealth management firm with over 40 years history in the Birmingham area. Recognizing the change in the economic environment in 2008, Justin facilitated the business model change at Nowlin and Associates from a traditional wealth management firm to one that offers educational based introductions to current financial topics. He is a regular on radio talk shows, has hosted over 300 educational workshops and manages the company's training program. Recently he was elected to serve as chair for the nationally recognized Field Advisory Cabinet for Ameritas Financial Corp. He is passionate about financial education and his home city Birmingham and the city's potential.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:54 Justin’s Journey With IBC

7:01 Justin’s Relationship With Nelson

15:10 Looking Back At The Year and Growing

17:19 Get Back to the Basics

22:25 Be in the Banking Business

26:28 Be a Team Player

31:13 How to Help People Who Struggle With the Idea of IBC

35:33 Who Would Justin Want To Be a Hero To

Get Connected:

LinkedIn: https://www.linkedin.com/in/justin-craft-b11a0019/

Website: https://www.nowlinwm.com/node/1094

E-mail: Justin@NowlinWM.com

Wealth Without Bay Street EPISODE 122: On today’s episode of Wealth Without Baystreet, Richard and Jayson walk you through 7 easy steps that you can follow to become your own banker.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:54 Set Yourself in a Strong Foundation

6:21 Brief Runthrough the Seven Steps

8:51 Reading Through Nelson’s Book Well

12:08 Different Learning Methods Makes it Engaging

15:02 You Can Decide When to Call it Quits

16:29 You Will Need the Book

19:37 Bonus Steps After

Listen to Real Life Canada market crash stories 2022 and learn how you can Protect Your wealth. Get the FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/

Wealth Without Bay Street EPISODE 121: In Wealth Without Bay Street EPISODE 121, Richard Canfield and Dan Allen share personal Canadian market crash stories they have each experienced from various market cycles. Dan reflects on his memory of the increasing interest rates in Canada during the early 1980s and a missed opportunity on oil company stock options.

Richard tells 3 warning tales of Canadian Real Estate market crashes that impacted him financially. How one property dropped in value almost ten times and negative cash flow and staging a coup for a condo board. The third tale is a warning for investors lending money on secured mortgages. Richard just barely squeaked out of a private second mortgage deal where all of his capital was at the risk of loss. Contrast all of that to the peaceful stress free nature of contractually growing cash values with The Infinite Banking Concept in Canada.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:18 Flux of Change in the Market

5:44 Two Rules to Remember

7:54 Stock Market Crash in ‘08-’09

10:57 Investing Vs. Speculating

17:31 Learn From Successful Business Models

19:20 Dan Tells How He Lost Out on Company Stock Options

22:31 Richard Loses Money on a Rental Property

28:49 Richard Loses Money on a Land Development Deal

31:13 Richard Almost Loses Everything on a 2nd Mortgage Deal

38:09 Learning From Previous Mistakes

40:00 Do Your Homework Before Investing

Wealth Without Bay Street EPISODE 120: Featured on today’s episode is Henry Wong, explaining how you, as a business owner, can avoid corporate tax landmines in Canada. Henry is a professional CPA and trains other CPA’s across Canada specializing in taxation and passing through the nationals exams. He chanced upon the book “Becoming Your Own Banker” and began to piece together all his knowledge of life insurance and financial accounting and soon began to pursue the journey of becoming his own banker. Henry now trains others as an accountant in how to build their own personal capital pool and manage their taxation through IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:14 The Flow of Capital

5:29 The Theory of Integration

10:21 Landmine #1 – Shareholders Get Benefits From Their Company

15:47 Landmine #2 – Shareholder Borrowing

21:42 Golini Case Study

29:49 What Can Happen If You Go With Shareholder Borrowing

33:51 Know Your Fine Print

38:25 Get Connected With The Right Advisors

Golini Case File

https://www.canlii.org/en/ca/tcc/doc/2016/2016tcc174/2016tcc174.html

Tax Court Ruling a Cautionary Tale for Small Business Owners

https://www.advisor.ca/columnists_/florence-marino/shareholder-borrowing-is-a-shareholder-benefit-but-how-much-is-it-worth/

Wealth Without Bay Street EPISODE 119: This episode of Wealth Without Baystreet features Bruce Wehner and Rachel Marshall. Bruce Wehner is the lead advisor of The Money Advantage, where he designs and communicates the individualized solutions that help their clients increase cash flow and financial control. He is a Nelson Nash Institute Authorized Infinite Banking Practitioner who has been practicing Infinite Banking since his parents started his first policy when he was a young child.

Rachel Marshall is the Co-Founder, Chief Financial Educator, and Content Strategist of The Money Advantage. She’s currently writing a book about her near-death experience and how it became the springboard for her family’s multi-generational legacy of more than money.

Bruce and Rachel are the co-hosts of The Money Advantage podcast, the popular business and personal finance show.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:38 The Money Advantage – How It All Started

7:00 Grasping A Firm Understanding

11:59 Finding The Right Audience

15:05 Bruce’s Journey With IBC

22:02 Rachel’s Journey With IBC

25:31 Reading And Other Learning Mediums

30:08 How The Message Gains Traction

33:50 Always Get Back To The Fundamentals

43:50 Dealing With Negative Comments

52:05 Rachel’s Near-Death Experience

Website: https://themoneyadvantage.com/

LinkedIn: https://www.linkedin.com/company/themoneyadvantage

Facebook: https://www.facebook.com/TheMoneyAdvantage

Twitter: https://twitter.com/Money_Advantage

Instagram: https://www.instagram.com/themoneyadvantage/

YouTube: https://www.youtube.com/c/TheMoneyAdvantage

Rachel Marshall:https://www.linkedin.com/in/rachelmmarshall/

Bruce Wehner: https://www.linkedin.com/in/bruce-wehner-5619b5a

Wealth Without Bay Street 237: Hidden Ways to Funding Higher Education and Avoiding RESP Limitations! BUY A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/  Website: https://dontspreadwealth.com/  Higher education is more expensive than ever, but there are creative ways to fund your child's future without relying solely on traditional savings plans. In this episode, we tackle the financial challenges of funding post-secondary education and explore alternative methods to cover these costs. Richard Canfield and Henry Wong sit down with […]

Wealth Without Bay Street EPISODE 118: Featuring on this episode of Wealth Without Baystreet are David Zumpano and Guy Remond. David Zumpano started out as an estate planner, founding The Estate Planner Law Center in 1995. Over the years David has also founded the Medicaid Practice Systems, LLC in 2010 and has authored Protect Your IRA, Avoid the 5 Common Mistakes, a contributory book offering for Estate planning attorneys in 2015. David now continues his journey helping estate planning and elder law attorneys build purpose driven practices with personal and professional balance. Guy Remond has over 20 years in the tech, software & consulting/advisory industries, as a founder, director, investor and advisor. Following his passion Guy branched out into the technical world, in 2001 and was a founding member and CEO of Cake Solutions Ltd. Guy has invested in a number of companies and is actively working with these companies in a non-executive director or chairman role, helping them to fulfill the leadership's drive to a successful outcome.

David and Guy have been partners in building Guidr, a digital, easy to use client interface platform released to lawyers, changing the industry by digitizing how lawyers communicate with clients to meet the demands of the modern technological advancements consumers have come to expect.  In October 2021, Dave and his technology partner, Guy Remond, co-authored; The Digitization of Law; How to transform technology disruptions into abounding opportunities, which provides the basis and support for the future of the law practice incorporating digital technology.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:36 How Guidr Was Born

14:12 Guidr And Its Features

18:28  How Does Guidr Work

19:24 Maintaining a Relationship With Your Attorney

20:54 To Have the Law Digitized, Democratized, Demonitized

26:04 Creating a Convenient Solution

28:17 Confidentiality and Ethics

32:04 Guidr Is The Future

38:13 Adapting As Technology Advances

42:42 Understanding The Consumers

48:54 Creating Value As An Entrepreneur

51:18 Who Would David Want To Be a Hero To

52:14 Who Would Guy Want To Be a Hero To

Guy: https://www.linkedin.com/in/guyremond/

Dave: https://www.linkedin.com/in/david-zumpano-a0208119a/

Follow Guidr on:

Facebook: https://www.facebook.com/guidr.legal

Instagram: https://www.instagram.com/accounts/login/?next=/guidr.legal/

LinkedIn: https://www.linkedin.com/company/guidr-legal/

Twitter: https://twitter.com/GuidrLegal

YouTube: https://www.youtube.com/channel/UChhBZLky0pllzqCEXU6c-AQ

Wealth Without Bay Street EPISODE 117: Joining us today is Henry Wong to talk about taxation on your business that may happen after you’re gone. Henry is a professional CPA and trains other CPA’s across Canada specialising in taxation and passing through the nationals exams. He chanced upon the book “Becoming Your Own Banker” and began to piece together all his knowledge of life insurance and financial accounting and soon began to pursue the journey of becoming his own banker. Henry now trains others as an accountant in how to build their own personal capital pool and manage their taxation through IBC.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:04 Something to Think About as a Business Owner

5:18 Second Death and Income Tax Act in Canada

7:46 What is the Deemed Disposition

11:33 How Can This Affect the Business

15:52 Capital Flow of a Business

19:03 Levels of Taxes and Extracting Tax

22:36 Value of The Business Owner

24:44 Working Together With the CPA

28:38 Estate Planning and Deemed Disposition

37:33 Wind-up and Carry Back

39:48 Pipeline Restructure

44:17 Working With a Good Team

47:08 Succession Planning

50:01 Utilizing Term Insurance

56:17 Need For Insurance

1:01:21 What’s Best For You and Your Business

Wealth Without Bay Street EPISODE 115: Today on Wealth Without Baystreet, Richard and Jayson discuss how ensuring a key person or people in your business can be helpful and beneficial in case something happens. Providing a benefit or incentive can be good for both your employee and your business as you never know what will happen.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:10 How Do Large Corporations Utilize This

6:10 Good Businesses find Ways To Keep Employees Happy

10:15 How Long Should The Business Wait To Implement This

13:52 What If They’re Uninsurable?

17:50 Keep Key Employees Safe During Travel

Wealth Without Bay Street EPISODE 114: Featuring on today’s episode of Wealth Without Baystreet is Elizabeth Kelly, an experienced real estate investor for more than 15 years. Elizabeth has a passion for  helping people achieve their financial dreams through the purchase of investment properties. She specializes in the acquisition and management of Rent to Own and multi-unit residential  properties. In 2019, she opened ‘Elizabeth Kelly Consulting and Coaching’ to assist both new and  experienced investors in planning, structuring and creatively financing their real estate portfolio  so they can enjoy early retirement and leave a legacy for their families.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:21 Elizabeth’s Real Estate Investment Journey

5:03 Common Mistakes Made By New Investors

8:18 The Start of EK Consulting

12:17 What is Your Objective as an Investor

16:51 You Need Back-up Plans

22:00 How IBC Can Help You Invest in Real Estate

25:58 Protection Against Inflation

33:43 Is It Too Good To Be True

43:34 Can IBC Replace RRSP

53:21 Who Would Elizabeth Want To Be a Hero To

Instagram: @elizabethkellyconsulting

Facebook: https://www.facebook.com/EKConsulting.ca/

E-Mail: elizabeth@ekconsulting.ca

Website: ekconsulting.ca

Wealth Without Bay Street EPISODE 113: Today on Wealth Without Baystreet, Richard and Jayson talk about an example from Nelson Nash’s book, ‘Becoming Your Own Banker.’ The example of how the steam engine revolutionized transportation and how you can revolutionize your finances with the help of the Infinite Banking Concept.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:36 Watch Out For Future Bootcamps

3:18 Importance of Having a Strong Foundation

5:39 Introducing ‘Becoming Your Own Banker’

12:26 Nelson’s 212° Phenomenon

16:47 Don't Be Afraid to Capitalize

20:30 Paying the Policy Premium

24:01 Be Proactive Not Reactive

Wealth Without Bay Street EPISODE 112: Featuring on today’s episode of Wealth Without Baystreet is Harper Jones, an advocate for the Infinite Banking Concept (IBC) and a wealth strategist at CreateTailwind. Create Tailwind coach people how to Become Their Own Banker by taking control of the flow of their money. Harper uses his IBC system to invest in real estate and businesses and helps other people interested in the same approach.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:35 Harper’s Journey With IBC and Real Estate

8:09 Helping Educate Others

11:37 Using IBC to Invest in Real Estate

14:39 A Real Life Example

20:19 Reap the Benefits of What You Sow

24:48 You Can Always Capitalize The System More

26:12 Harper’s Guidance For New Comers

29:09 Who Would Martin Want To Be a Hero To

Website: https://createtailwind.com/

Email: harper@createtailwind.com

LinkedIn: https://www.linkedin.com/in/harperajones

Wealth Without Bay Street EPISODE 111: Today on Wealth Without Baystreet, Richard and Jayson discuss how your whole life insurance policy cash value can be protected in Canada with Assuris. As Richard says Assuris is the insurance company for insurance companies. Join us as we take a look into what they do and how it can help you too.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:28 Policyholder Protections in Canada

3:33 About Assuris

5:53 The Minimum Requirements

8:47 Non-Profit vs. Private Insurance Companies

9:59 LICAT Ratios

13:59 Regulations For Insurance Companies

19:42 Do They Meet Consumer Demand?

21:49 Business Model of an Insurance Company

26:04 Two Masters of Insurance Companies

ASSURIS Protection:http://assuris.ca/

Assuris Funding: https://assuris.ca/about-us/assuris-funding/

Assuris Past uses:https://assuris.ca/about-us/experts-in-protecting-policyholders/

LICAT – Capital Adequecy: https://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/LICAT19_index.aspx

Wealth Without Bay Street EPISODE 110: On today’s episode of Wealth Without Baystreet, your hosts, Richard Canfieldand Jayson Lowe discuss Infinite Banking Policies and examples from Nelson Nash’s book, Becoming Your Own Banker. Join us as Jayson also review’s a 10 year policy for us.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:22 Don’t Be Afraid to Capitalize

5:01 It’s An Investment For The Family

12:05 Learning With Visual Examples

15:43 Capitalizing Your Policy

22:18 Learn From Someone With Experience

28:41 Banks and Control

31:31 More About Nelson

Nelson Nash Videos Playlist:

https://www.youtube.com/playlist?list=PLabDKeNku_F8aBM-55QoEj4vD9mQC5Hpi

Wealth Without Bay Street EPISODE #109: Joining us on today’s episode is agricultural expert and part-time farmer, John McArthur, in our Client Series. John learnt about the Infinite Banking Concept and curious to know more about it, got in touch with his coach Vernon McCarty, who has also joined us for this episode. John’s journey about learning to be his own banker has been an amazing one and he shares how it has helped his family and his farm today.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:16 John’s Introduction to IBC

5:35 Gaining Control With IBC

10:01 Process of Learning

12:57 Generational Possibilities

18:19 Investing in the Family and Farm

22:33 A Good Coach Takes You a Long Way

31:44 Having Your Own Bank

37:25 Who Would Want To John Be A Hero To

Wealth Without Bay Street EPISODE #108: Today on the Wealth Without Baystreet Podcast we discuss the whole life policy and how to get it approved. Many times people do not invest in life insurance as they think that they might not get approved because of pre-existing conditions. Join us today in learning how you can get your whole life policy approved and what it means for you.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:18 Getting Started With an Application

6:01 Rated Version vs. Standard Version

13:49 Find Out If You’re Approvable

24:10 Why This Article Should Bother You

Wealth Without Bay Street 236: Don’t Spread The Wealth Day! BOOK LAUNCH EPISODE! BUY A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/  Website: https://dontspreadwealth.com/  Are you tired of traditional banking systems draining your wealth? There’s a financial strategy that allows you to keep your money within the family while building generational riches. In this episode, Richard Canfield and Jayson Lowe dive deep into the powerful Infinite Banking Concept and the launch of their book, Don't Spread the Wealth. […]

Wealth Without Bay Street EPISODE #106: On today’s episode of Wealth Without Bay Street, featured on our client series is Martin Kuev. Martin has worked in executive Marketing and General Management positions for many Leading Fortune 500 companies including Coca-Cola, Kraft Foods, Nestle, Philips, and Dr. Pepper Snapple.  With this, a disciplined and fully transparent approach is utilized to analyze opportunities, manage investments, and work with partners. Over the years Martin learnt about real estate investing and has now been doing it for more than ten years. He now manages MK Properties with a team of other professionals.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:09 Starting Real Estate Investment

4:18 More to Real Estate Than You Think!

6:57 Similarities Between IBC and Real Estate Investments

12:47 Getting Started With Real Estate Investing

15:43 Biggest Regrets of Real Estate Investors

19:01 Analyzing Risk and Fear

30:51 Martin’s Advice for Starters

33:45 Who Would Martin Want To Be a Hero To

Wealth Without Bay Street EPISODE #106: On today’s episode of Wealth Without Baystreet, Jayson and Richard challenge an article’s view about taxing homeowners in Canada. The Canada Mortgage and Housing Corporation supports the proposal of a surtax on homes valued at $1 million or more. Jayson and Richard talk about how this would hurt the middle class, hard working citizens of the country.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:48 Looking Into The Article

5:20 Digging Deeper Into The Problem

10:02 The Government’s Spending Problem

14:59 Origin of Income Tax in Canada

16:37 Real Estate Values

24:10 Why This Article Should Bother You

BNN Bloomberg Article: https://www.bnnbloomberg.ca/cmhc-backed-report-calls-for-surtax-on-1m-homes-1.1703518?fbclid=IwAR2T9R14BWOfNlHLGCYaUg6tBddcSTfjZLgY678wLsnCKIWSRC8rxGNTa8o

Federal Reserve Money Supply Graph: https://fred.stlouisfed.org/series/M1SL

Wealth Without Bay Street EPISODE #105: Today on Wealth Without Baystreet have Mike Grantis featured as our very first guest on the crypto series. Mike is the Managing Director of the crypto venture capital firm Contango Digital Assets, as well as a Partner at the web3 incubator, Blockscale Studio. He also owns CryptoWeekly, a multi-channel crypto media platform focused on educating investors and reporting top news in the industry. He is passionate about educating those who are interested in understanding how cryptocurrency works and in 2020, Mike launched Bitcoin 101. Bitcoin 101 is an educational course taken by over 13,000 students spanning 57 countries. Mike has been a guest speaker at multiple crypto summits discussing Bitcoin, NFT’s, Defi and the Metaverse.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

3:11 What is Crypto and Bitcoin?

8:38 Our Bitcoin Predictions

13:34 Fixed Supply, Rising Value

15:20 Bitcoin Vs. Other Assets

20:02 Bitcoin 101

30:22 Exploring Ethereum

35:50 The Deal About NFTs

44:17 Flexibility of NFTs

48:08 Who Would Mike Want To Be a Hero To