The Land of Possibilities

Dive into the certainties of life with Colton & Joel McGriff as they bring a fresh perspective to life insurance and financial planning. Discover how understanding life's guarantees can shape a secure future. Tune in for insights that go beyond the norm. Worth every minute! Highlights: Discussing the inevitability of death and its impact on life and faith. Guarantee as a "dirty word" in financial industries contrasted with life insurance certainty. Personal anecdote of attending a church retreat and a baptism, tying into themes of life and community. Reflecting on mortality while walking in a cemetery, connecting to life insurance planning. The uncertainties of life span and the importance of planning for any outcome. Utilizing life insurance guarantees to create financial certainty for families. The simplicity of life insurance planning and its connection to actuarial science. Focusing on what matters in client relationships beyond financial market fluctuations. Being proactive in financial planning to capitalize on market opportunities. Reviewing the tombstone exercise as a means to address guaranteed aspects of life and influence unknown variables in financial planning. Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Ever wondered why someone might travel 4 hours to a vet? In this heartfelt episode of 'The Land of Possibilities,' Joel McGriff shares his journey with his elderly dog and the exceptional care they received from a holistic vet. A tale of love, health, and going the extra mile—literally. Tune in to discover how thorough care can make all the difference, both for pets and financial planning. Highlights: Driving hours for a holistic vet's care. Seeking a vet who provides thorough attention and care. Relating veterinary care to financial planning philosophy. The importance of addressing the root cause, not just symptoms. The frustration with short-term solutions in finance and healthcare. Personalizing financial plans to individual goals. Drawing parallels between pet care and client financial care. Learning from a child's persistent questioning to understand root causes. The commitment to finding professionals who align with personal values in all aspects of life.   Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton and Joel McGriff explore financial uncertainties in the market, particularly the implications of the Austrian business cycle theory. They caution that the Federal Reserve may be overusing expansionary monetary policy, potentially leading to a market crash. They critique the common tendency to resort to fear-driven financial strategies, which can limit investment opportunities and incur surrender charges. Instead, they propose the infinite banking concept as a solution to maintain control over personal finances and yield potential opportunities despite economic downturns. Their skepticism extends to the efficacy of the Federal Reserve's current policies, fearing an overextension leading to a financial bubble.  Highlights: Comparison of the current situation to a helium balloon that is overinflated and ready to burst The historical financial issues and inflation How practicing the infinite banking concept can put one in a position of cash and power Story of seeing a past investment opportunity but not having the capital to do so How preparedness and optimism contribute to a happier mindset How to instill financial wisdom to their child at an early age Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448    Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton and Joel McGriff discuss Parkinson's Law in relation to financial management, explaining that income can often increase alongside expenses. They relate financial decisions to opportunity cost, using Colton's personal situation of selling a car to afford a new bike as an example. Additionally, they discuss the practice of tithing as a means to promote abundance rather than scarcity. The hosts urge listeners to apply these principles to their own lives and look forward to future episodes. Highlights: The impact of targeted advertising on spending habits and Parkinson's Law Colton's personal example of trying to accommodate the expenses related to a forthcoming triathlon Making the decision to cut back on some luxuries to accommodate new expenses, such as selling his Tesla to buy a cheaper car and better allocate funds for a bike and a swimming coach How his decision was guided by examining the opportunity cost of his choices The importance of a frugal mindset and making informed decisions for day-to-day expenses The tendency to fall into a scarcity mindset when strict budgets are enforced Various life cycles to provide a more comprehensive understanding of Parkinson's Law Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448    Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton McGriff and his father, Joel McGriff, discuss their approach to challenging assumptions in different areas of life and finance. They do not believe in strict adherence to established norms, whether it's diet or financial decisions; they prefer a plant-based diet but are not strictly vegan, and instead of traditional forms of savings like 401ks and 403Bs, they use a whole life insurance policy for financial stability. Their strategy is always being open and curious, exploring different beliefs and practices, and aligning choices with personal values. Joel emphasizes a philosophical approach to finances by focusing on desired outcomes and necessary processes to achieve them. Their experience and willingness to engage in discussions make them valuable resources in exploring new dietary and financial strategies. Highlights: Adhering to a plant-based diet and stereotypes associated with being vegan Challenging preconceived notions and assumptions based on upbringing How the dilemma of killing an animal for meat centered on Joel's love for animals Colton's decision to be a 'vegan hunter' The importance of questioning financial information and decisions for maintaining control and ensuring plans go as desired The value of certainty in the increasingly uncertain finance world and the need for curiosity and questioning How Colton observes a philosophical shift in Joel's approach to finance, moving toward consideration of desired outcomes rather than strict numbers Their goal as financial coaches is to help clients align finances with what matters most to them How Joel's recent introduction to grandparenthood has made him more reflective about each life stage, influencing his coaching approach Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton McGriff and his father, Joel McGriff, emphasize the value of proactive decision-making in personal finance and health. They highlight personal responsibility over relying solely on advisors. They also promote analyzing personal data to guide decisions, viewing capital as a positive energy source impacted by each decision. Speaking from personal experiences, they apply this approach to manage health risks as well.   Highlights: Colton stresses the importance of active pursuit of opportunities coupled with capital His personal learning journey in real estate and the importance of seeking out and preparing for opportunities The role of data in personal life and business, using data to improve workouts, nutrition, health, and business strategies Knowing when they might die based on their lifestyle and habits, and whether they would want that kind of information The inability to predict the stock market even in the short term Personal learning experiences in business Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton McGriff and his father, Joel McGriff, discuss the differences in travel styles among family members and correlate these variances to how people approach financial planning. They refer to the contrast between being detail-oriented planners and being spontaneous decision-makers. The podcast then delves into the concept of ‘Infinite Banking', a financial strategy involving whole life insurance policies. They link the detailed planning method to those individuals who want to know precisely how their savings are growing at each life stage.  Highlights: The differences and similarities between stress-free trips from trip preparation to pre-planning Detailed planned trips versus spontaneous trips Similarities of financial planning with travel planning The different styles of financial planning Importance of proactive financial planning The benefits of having a liquid asset for fast decision-making Comparison between financial planning through Infinite Banking and traditional financial planning    Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton McGriff discusses his recent fitness journey, motivated by a challenge set by his MS specialist. Colton was warned that without the recommended pharmaceutical treatment, he would be in a wheelchair within ten years. However, in defiance of this prognosis, Colton decided to set a goal to run a 100-mile ultramarathon within that time frame. Through consistent training, Colton has seen significant improvements in his health and physical fitness. The key to his success, he suggests, has been a strict discipline to his training routine, not allowing for any slip-ups or excuses. The discussion leads to a philosophical conversation about setting goals and maintaining commitment, drawing a parallel to financial independence and gaining control of one's banking system.   Highlights: Colton's motivation for running How his initial motivation from spite has transformed into personal growth and reaching his potential The ideas of what you'll regret later in life The importance of setting and attempting to reach goals MS diagnosis and how it led to a commitment to change diet and lifestyle Benefits of monitoring progress with wearable technology and comparing the data to see his improvements The importance of consistency and the outsized returns of a systematic approach in reaching long-term goals Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

Colton McGriff and his father, Joel McGriff, discuss a shift in their podcast's content. They recognize the importance of sharing more personal stories, moving away from primarily discussing the concept of 'Infinite Banking'. Colton and Joel use the analogy of a peanut butter and jelly sandwich to illustrate their content plan, with Infinite Banking being the 'peanut butter', or the core topic, and the 'jelly', or personal stories, adding balance to the conversation.    Highlights: The peanut butter and jelly sandwich analogy representing the infinite banking Copperhead snakes in Alabama Professional snake relocator becomes a mentor, passing on techniques and tools for snake handling Why you should not disturb the nature chain and respect all forms of life Being aware and how it can change our perceptions over time The podcast's foundation of spreading awareness about issues in finance through life experiences Process of religious learning with their journey in understanding nature Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify

This podcast episode features Colton McGriff and his father, Joel McGriff. They discuss the importance of the concept 'Begin With the End in Mind', a phrase borrowed from author Stephen Covey. Originally applied to estate planning, the philosophy is applicable across many aspects of life and emphasizes the importance of premeditation. Joel explains how starting to think about estate planning made the phrase more significant to him as he grew older. His journey in understanding its essence involved a retreat where he was taught through Covey's seven steps and led to various introspections.    Highlights: Estate planning and life insurance as examples of the philosophy and how it applies in those scenarios Reflection on past decisions and the potential impact of having a long-term perspective The importance of continuous learning, application, and evolution of understanding for continuity Joel shares his early experience in managing family finances, providing a practical perspective on teaching the next generation The steady learning curve in implementing Infinite Banking Concepts, evolving understanding, and the need to evaluate new financial products and ideas critically Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448    Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

This podcast episode features Colton McGriff and his father, Joel McGriff, discussing investments, economies, and how the Infinite Banking Concept (IBC) affects their monetary decisions. The duo uses their experience in discussing real-estate investments, specifically during and after the 2007-2008 financial crash.    Highlights: How investment strategies have changed over time The impact of timing on investment decisions The difficulty in predicting when the best time to sell or buy is Danger of blindly believing advice from realtors or other figures who would likely advocate for their own interests The concept of 'guaranteeing a future event' How knowing about IBC (Infinite Banking Concept) would have affected Joel's decision on a 15-year mortgage and a 20% down payment on a real estate property The concept of storing up capital for future financial opportunities A shift in perspective from viewing life insurance as an investment to a place for storing money Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

The father and son duo of Joel and Colton McGriff is back with their review of the book, Becoming Your Own Banker, discussing the cost of acquisition in the fifth edition of the book.  Together, they share the importance of the cost of acquisition and why it is essential to understand and consider the topic. Joel and Colton also talk about the concept of infinite banking and the need to be in control of one's own money and financing.  Highlights: Exploring the cost of acquisition in the book, Becoming Your Own Banker What is the cost of acquisition? The story of success: Lee Iacocca and Chrysler Understanding the opportunity cost of saving a company Benefits of infinite banking Practicing the policies of infinite banking Challenges of obtaining financing from banks Higher rate of return and protection of your loved ones thru infinite banking The many benefits of family banking systems Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448  Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

It's a brand new year! What's your goal for 2023? Have you started hitting your New Year's Resolution already? In this episode of The Land Of Possibilities, Joel and Colton McGriff discuss how to think bigger and push beyond your limits. They talked about how it is possible to break through mental barriers and use challenges as advantages. Joel and Colton also narrow down the importance of getting out of our own comfort zone and pushing ourselves to reach our goals.   Highlights: The newest addition to the McGriff family New Year's Resolutions: Simplifying the complexity of healthy living Health goals for 2023 Exploring the benefits of infinite banking The power of truth: Health, finances, and life goals The power of pivoting Thinking bigger and pushing beyond limits Breaking through mental barriers Using challenges as advantages Getting out of our own comfort zone Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448   Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

When is the best time to start planning and preparing for taxes? Is it better to start planning early or should you wait until you get a heads-up from your accountant or financial advisor? For today's episode, Joel and Colton McGriff discuss the best time to start planning and prepping for your taxes in the future year. They talk about the importance of the multi-generational aspect of taxes and how it can change the way different people in different life stages address situations. They also share some basic tax strategies that they have each used or that Colt is following and watching to learn from. Joel and Colton also mention the importance of having a coach in different areas of life. They say that successful coaches are the ones that are willing to adapt and that everyone needs a coach in order to help them reach their goals. Highlights: Tax strategies that Colton and Joel are following that they were able to implement successfully and screwed up Is having a coach essential? The benefits of tax planning with IBC Why you should start an early tax planning Dangers of allowing the government with too much control Seeing tax strategy as a solution to inflation Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

If you're like most people, you probably have a mortgage. And if you're like most people, you probably hate your mortgage. But the big question is: should you pay it off early? It's a tough question to answer, and there are pros and cons to both sides. Paying off your mortgage early means that you'll be debt-free sooner. On the other hand, it also means that you'll have less money to invest. For today's episode, Joel and Colton McGriff discuss the benefits of paying off your mortgage early. They also talk about the reasons why some people are making the decision of paying off their home loan quicker than their agreed-upon term. In addition to this, Joel and Colton McGriff share what delayed gratification means and how you can start practicing it. Highlights: Should I pay off my mortgage if I have a low-interest mortgage right now? Why are other people paying off their mortgage quicker than the agreed-upon term? How can you start paying off your mortgage? What delayed gratification means and how you can start practicing it? Resources and Links: https://www.themcgriffalliance.com  colton@tmafamily.com  kierson@tmafamily.com  joel@tmafamily.com  Phone: 205-991-4448 Call To Action: FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

There are several reasons why someone might want to take out a policy loan. Maybe you have an unexpected medical expense or need to make a large purchase and don't have the cash on hand. Whatever the reason, a policy loan can give you access to the money you need without having to go through a traditional bank or lender. For today's episode, Joel and Colton McGriff talk about the deeper connection between policy loans and the banking process. They discuss how you can start shifting your mind in viewing a policy loan in a non-negative way. Additionally, Joel and Colton share how beneficial it is to borrow the cash value of your life insurance and make infinite banking work. Highlights: What the banking process is How to shift your mind to view a policy loan in a non-negative way How Joel and Colton started implementing infinite banking What a policy loan is and how it acts How is it beneficial to borrow again your cash value in your life insurance Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

As the federal reserve is printing more money and other countries are struggling with their own economic issues, what does this mean for real estate? Some experts believe that we could see a sharp decrease in prices, as people scramble to unload assets. Others believe that now is actually a good time to buy real estate, as prices may not fall as much as some expect. For today's episode, Joel and Colton McGriff discuss the trends in buying real estate. They point out the different variables to consider before deploying any capital. Additionally, Joel and Colton talk about the importance of doing your own research before making any decisions: There are several deals out there, but you need to know what you're looking for. Highlights: What the trends are in buying real estate What the results from the anecdotal research on Zillow shows How the federal reserve deals with the inflation What happens to other countries as they face the inflation What kinds of deals there are in the mobile home type facilities What different variables an investor or buyer should look at before deploying any capital Resources and Links: https://www.themcgriffalliance.com  colton@tmafamily.com  kierson@tmafamily.com  joel@tmafamily.com  Phone: 205-991-4448   FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Today's episode is very special as Colton is joined by his wife, Leigh Anne McGriff. Together, they recall what lessons Colton tried to teach Leigh Anne and how she learned more about IBC and the practice. Leigh Anne shares how, at one point in her life, thought about borrowing money as a bad habit, and why a lot of people are also thinking the same. Highlights: What it really looks like: How Leigh Anne learned more about IBC What lessons Colton tried to teach Leigh Anne What are the other ways that your money can work How people see borrowing money as a bad habit Why money should flow Where does Leigh Anne think IBC is going How IBC can affect the banking power of those practicing it What the possible roadblocks are when you're learning about IBC Resources and Links: https://www.themcgriffalliance.com   colton@tmafamily.com   kierson@tmafamily.com  joel@tmafamily.com  Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

When it comes to your 401k plan, there are a few common questions you should ask yourself. How much risk are you willing to take? What are your investment goals? And how long do you plan on working? But is it really a requirement? For today's episode, Joel and Colton McGriff focus on the 401k plan: What are the common questions you should ask yourself when it comes to these investments, how they started, and why you should pay for them? They also argue whether it is a requirement or a choice. Joel shared the main reason why he stopped putting money into his 401k plan and why others are following his practice. Together, Joel and Colton also dive into the other ways how we can better guard ourselves against the inflation scare. Highlights: What the common questions should ask yourself when it comes to your 401k plans Why Joel decided to stop putting money into his 401k plan They history: How the 401k started What are the differences between the year now and back in 1978 in terms of the economy and the future in terms of the US debt load How can we better guard ourselves against the inflation scare? Resources and Links: https://www.themcgriffalliance.com  colton@tmafamily.com  kierson@tmafamily.com  joel@tmafamily.com  Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

In this episode, Joel and Colton McGriff dive into The Retirement Trap, which is mentioned on pages 66 and 67 of the Becoming your own banker book by Nelson Nash. Joel and Colton explain the content inside those pages and give you their valuable point of view. Highlights: What's the first thing that comes to your mind when you hear The retirement trap What Nelson talks about The retirement trap When Nelson talked about social security The 401k system How we handle retirement Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Are we really in a recession? Should people start worrying about what's happening in society right now? Colton and Joel McGriff continue with their discussion of the topics of IBC and the generational IB Practice. They argue whether we are in a recession right now and if people should start worrying about the days to come. They also share the biggest things they are seeing in the market right now and what connection it has with insurances, policies, and managing your financial capabilities. Colton and Joel discuss how the banks operate and how you can implement them in your own business and why you should not be afraid to capitalize. Highlights: What is going on in society now: Are we in a recession? What is the biggest thing that Joel sees right now in the market Why Walmart issued lower profit estimates What a recession is What happens when the death benefit comes from the first policies on the first generation How the banks operate that you can implement in your own business How a family can benefit from IBC being implemented for the second generation Why you should not be afraid to capitalize Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

If you are in debt, should you still continue investing and putting your money into life insurance? Colton and Joel McGriff continue with their discussion of the topics of IBC, infinite banking, and the teachings of R. Nelson Nash. Together, they talk about how the book and the author argue why you should start getting out of debt now. They also share their stand on the limit of your financial capabilities, especially if you have other money obligations. Colton and Joel discuss how insurance can help resolve your issues with your finances, but the biggest step should start with YOU. Highlights: How to start if you're currently in a certain amount of debt Why should you start right away When the best way is to get out of debt Is there a limit to your financial capabilities? What the power of coaching is and why do we need it What the steps of IBC are To learn the basics of financial literacy, what are your two jobs? Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Is it easy, even for beginners, to start practicing the concept of infinite banking? Continuing with their discussion from the previous episode, Colton and Joel carry on the topics of IBC and infinite banking. They talk about how and why inflation happens and who can fix it. Colton and Joel also share how insurance can help solve the problem of inflation, as well as the reason why big names in the financial and business worlds want to have their own insurance companies. Highlights: What concept of IBC is What happens when you stop asking “why” How inflation happens and who can fix it How to utilize insurance as the solution to the problem The reason why big names in the financial world wants to own an insurance company Why they are trying to spread awareness of the mechanics that will allow them to do two things at once The best thing to impart on anybody who wants to know what infinite banking is Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

As more and more people are getting familiar with the concept of infinite banking, it is important to know the basics. To give the listeners a glimpse behind the concept, Colton and Joel McGriff introduce what infinite banking really is. They talk about how they began with the practice, as well as how beginners should get started with it, by learning from their experiences. Colton and Joel also share the common practices and the tool of infinite banking that can help you become your own bank. Highlights: What excites Joel in traveling in Birmingham The reason behind getting a dog coach What infinite banking is The way that typical financial planning or typical finance is done The common practice before making a major purchase The tool of infinite banking to help you become your own banker Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Are you already out of your comfort zone? Or are you letting fear take over all the time? Colton and Joel McGriff continue to the tenth part of talking about the book: Becoming Your Own Banker. Together, they talk about how the book and the author stand the test of time by teaching applicable stories of the market flow. How do we become bankers that understand what's going on behind the curtains? To become one, you must spend your time wisely and know your why in the business. Highlights: Stretching imaginations out for business: What is equipment financing? The capitalization period Breaking away from fear and going out of your comfort zone Benefits of 10-hour seminar and plan implementation Having varied investments Using your banking system How the book and Nelson surpass the test of time Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

What factors influence your purchase decisions? Is your spending behavior different when it comes to buying your daily needs versus your insurance, your house, and other properties? Colton and Joel McGriff continue to the ninth part of talking about the book: Becoming Your Own Banker. Together, they talk about how most people usually decide on making their purchases. They also discuss the differences between leasing, banking, and CD methods. Colton and Joel also mentioned their favorite parts and quotes from the book. Should you take the risk to get a better return? It's up to you. You have to be the master of your own financial decisions. Highlights: What Colton and Joel think about when they look back at the book and keep rereading it The first thing that you see when you're looking at the expenses of the average American household Isolation as an investment decision The difference between the leasing, the banking, and the CD methods. How you can start financing your own Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Do you believe that your reality is the truth? Are you sure you have the proper perspective on the current happenings? In this episode, Colton and Joel McGriff play a fact or crap game to pick up where they left off in their last episodes about inflation. They will try to tell whether the media releases facts or crap statements regarding inflation. Topics regarding the conflict between Russia and Ukraine and its economic implications are also part of their discussion. Inflation, in our perspective, is negatively affecting lives. Yet, little did we know that our reaction to the dollar's devaluation depends on the amount of control we have over the banking function in our lives. Tune in to learn more about figuring out ways to look out for opportunities.   Highlights: The truths behind media information on inflation Global economic implications of Russia-Ukraine war What indeed causes inflation nowadays How to take control of your life by establishing a personal banking system How inflation affects both rich and the poor Resources and Links: https://www.themcgriffalliance.com  colton@tmafamily.com  kierson@tmafamily.com  joel@tmafamily.com  Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

What's the situation of inflation like in the past? Did the government show support to its people? This episode is like a blast from the past as Colton and Joel McGriff talk about Joel's experience with inflation back in the day. He narrates the situation of how it is like living in the past where the money's value is really low, no matter which part of the world you are in. Joel also mentions how the government dealt with inflation. This episode also clarifies the infinite banking system and the importance of understanding the issue: If you understand the problem, you'll know what to do. Highlights: History always repeats itself if you don't learn it. - 0:23 Is inflation calculated lower so it won't seem as bad as it really is? - 1:39 Realization about inflation: Joel's experience back in the day. - 2:51 What is Joel referring to as other nations and why are they a big deal? - 4:57 The Volcker moment. - 8:47 During inflation, if all the money is going to interest payments and entitlements, where does the money come from? - 10:31 There's not a perfect solution. - 14:11 It's a lot easier to stick to your guns today in terms of being in the infinite banking system. - 14:39 The infinite banking concept. - 15:37 If you understand the problem, you'll know what to do. - 17:53 Resources and Links: https://www.themcgriffalliance.com  colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

As inflation rises, the value of money diminishes quickly. You would need to pay more for the goods and services you're getting. But how does inflation affect you? In this solo episode, Colton talks about a very important topic: Inflation. He discusses the meaning and the concept behind the topic and why it happens. He also shares how the Austrian economic thinkers treat inflation, banking, and insurance. This episode addresses the importance of pre-planning and why we should follow the examples set by the Austrians. Highlights: The main topic of today's episode: Inflation. - 0:23 How do you define inflation? - 2:32 The definition of quantitative easing. - 3:05 Why does inflation happen? What is it? How can we solve that? - 6:07 Actionable items from Nelson about life insurance. - 10:16 Why should you treat banking and insurance like Austrian economic thinkers? - 12:45 Pre-planning how to handle macro events. - 16:24 What to expect in the next podcast? - 16:56 Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

A lot of people have been misinformed about insurance. Before buying one, it is vital to understand its value and purpose. Colton and Joel McGriff proceed to part eight of Becoming Your Own Banker. They discuss the overview of how insurance works. Many people have been told that an insurance policy is a must-have. To increase the demand, the industry and some financial advisors flood countless bits of misleading information. This episode addresses the wrong notions about insurance, the different types of insurance policies, and the process of building a solid banking system. Highlights: Life Expectancy and The Mortality Table - 0:57 A solid system - 2:25 Infinite bank concept way of cash storage vs. buying a savings accounts - 3:58 The paradigm shift: replacing the wrong connotations about insurance - 5:10 The disconnection, the banking function, and death benefits as a bonus - 7:18 The hold-up: the constant stream of misinformation from the industry - 9:52 Different types of policy you can buy - 11:00 Modified Endowment Contract (MEC) Line - 12:16 Benefits of a paid-up additions rider - 13:27 Two parts of insurance contract - 14:16 Changing the mindset on insurance premiums - 15:42 Connect with companies that are mutual for years already - 17:07 Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Have you ever wondered why your expenses increase directly proportional to your income? This dilemma is just at the tip of the iceberg of the plethora of existing human problems. Colton and Joel McGriff proceed to part seven of Becoming Your Own Banker. They discuss why it is essential to outline human problems first before delving into the next step. Failing to address human issues early will make the rest of the plan lose its essence. This episode dissects the five major human problems with the help of pre-existing schools of thought, analogy, and imagery. These principles will lead you to understand the mechanics of an infinite banking system. Highlights: The significance of addressing human problems first - 0:15 Five major human problems that we should be aware of - 1:08 Understanding Parkinson's Law - 1:33 The Famous Bank Robber: Willy Sutton and his law - 4:53 A new scheme and its pitfalls - 8:03 The Golden Rule: Those who have the gold make the rules - 9:56 The Shakespeare Analogy: the world's a stage and people are actors, be in control - 13:06 The Rival Syndrome: dreaming of eternity and expanding horizons- 15:04 Use it or lose it?: developing new habits - 17:57 Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

In this part 6 of the series of the Nelson Nash Becoming your Own Banker book, Joel and Colton McGriff talk about pages 26 and 27 and review what they said in the first five episodes of the series. They also talk about the idea of financing what you buy. Highlights: Financing what you buy - 1:06 How many times have you read this book? - 2:08 Understanding the problem and knowing what to do - 3:14 Why using life insurance - 5:12 Being a customer and the owner at the same time - 11:33 Getting more comfortable - 14:23 Having a vision on what to do - 16:02 The process of banking - 16:39 What's coming on the next episode - 19:00 Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Colton and Joel McGriff dig into part five of Becoming Your Own Banker. They talk about how the most important part of the entire book is right here, pages 21 through 25: Creating your own banking system through dividend-paying life insurance. Learn how banks operate in this episode! Highlights: A section of the book that we need to re-read - 0:48 The very first principle that needs to be understood - 3:03 How to think when it comes to budget - 8:07 Why the whole system is so beautiful - 9:30 Nelson teaches a lot of analogies in his book - 11:25 Implementing the Infinite Banking concepts - 13:06 Having a bank to rely on - 19:34 Resources and Links: https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

In continuation of the book review, Colton and Joel talk about for them what is the most important part of the book Becoming Your Own Banker and how it connects to society today. They talked about fractional reserve banking and how bankers are making speculative investments. Colton and Joel also discussed R. Nelson's concept of cogeneration and how to share their knowledge with the next generation even if what they have been told wasn't true because they're taught of the higher system.   Highlights: One of their favorite things about what they're doing right now. - 0:56 Creating a bank like the ones you already know about. - 3:04 Learning about his background from his Economics class: Fractional reserve banking. - 5:16 The perfect example of bankers that are taking speculative investments. - 7:22 Figuring it out: How do we shift to the point where we can take ownership of how the banking system works in our family's life? - 8:43 The concept of cogeneration. - 9:01 A banker cannot make a loan unless he has a deposit. - 10:31 What have we been told that wasn't true that we thought were true because we're taught of the higher system? - 13:56   Resources and Links: Becoming Your Own Banker https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448   FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Continuing with where they left off the last episode, Colton and Joel talk about for them what is the most important part of the book Becoming Your Own Banker. Together, they state the reason why they are drawn not only to the book but also to the analogy that R. Nelson used. They also discuss why most financial conversations and misconceptions are wrong. Highlights: Why Colton and Joel are drawn to the book and analogy. - 1:30 John 5:6 - 1:51 Understanding the breakdown. - 3:28 86% of every dollar goes to the cost of financing. - 6:21 Why does Joel like R. Nelson's storytelling style and analogy? - 11:14 Understanding why most financial conversations around the water cooler are wrong. - 11:58 Resources and Links: Becoming Your Own Banker https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

In continuation of the book review, Colton and Joel carry on sharing their insights about Becoming Your Own Banker. They focus their discussion on one of the many analogies in the book: The concept of the grocery store. Colton and Joel also bring the topic of building a system of bringing in more income without increasing the amount of time you need to do it and why more people are interested in paying low-interest rates. Highlights: You know you have a good book when it's worn more than others because you've read it so many times. - 1:19 5% of people think. 10% of people think that they think. 85% of people would rather die than think. - 3:38 One of the many analogies in the book: Talking about the grocery store. - 6:30 Why is the habit of doing the right thing important? - 12:39 Building a system of bringing in more income without increasing the amount of time needed to do it. - 15:51 The habit: The reason why we always want to pay the lowest interest rate is that we know we're never gonna see that money again. - 19:03 The need for financing for the typical person is extensive. Really all this book adds to the equation is scale. - 21:21 Resources and Links: Becoming Your Own Banker https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Colton and Joel sit down to talk about the book, Becoming Your Own Banker. They also talk about the concept of infinite banking: The more you learn about new ideas and new things, the more you come back to the concept. Colton and Joel also cite different resolutions and realizing that everything that you know now could change tomorrow: You should be willing to adapt to it. Highlights: The more you learn about new ideas and new things, the more you come back to the concept of infinite banking. - 0:56 What makes reading the first few pages of the book exciting? - 2:05 The problem in America isn't so much what people don't know. The problem is what people think they know that just ain't so. - 7:03 The lever goes the other way. - 11:13 The solution and the saving grace for Nelson. - 14:06 Realizing that everything that you know now could change tomorrow. You should be willing to adapt to it. - 17:22 You can have your own starting point: It depends on your current situation. - 19:46 What do you need to do? - 21:23 Resources and Links: Becoming Your Own Banker https://www.themcgriffalliance.com colton@tmafamily.com kierson@tmafamily.com joel@tmafamily.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Joel and Colton McGriff give us an update about where things have been and where things are going in business and life. They have a new member of their team: Colton's sister! A new member of the team that gives a new perspective. Highlights: A new addition to the team - 2:18 Designing a strategy that makes sense - 3:46 The Tax Code is a puzzle - 4:03 Raising a new puppy and a newborn baby - 10:21 A new puppy is their lives - 15:26 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Joel and Colton McGriff talk about a topic that has been in our heads during this time and they ask “How does inflation affect my decisions?” Check out their answers in this special episode. Highlights: A story about Richard Nixon's presidency - 1:00 The first exposure to the money markets - 2:30 The confiscation of gold - 4:49 The fear of COVID - 6:56 Controlling inflation? - 7:28 Is inflation a problem? - 10:17 What was Nelson Nash trying to teach us? - 13:34 Nelson Nash provided us with a roadmap - 15:43 The Infinite Banking Solution - 18:45 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

The theme of this podcast is KISS: Keep it Simple! But why? Check it out in this episode as Colton and Joel explain why you have to keep it simple. Highlights: When do you want to retire? - 1:37 Creating passive income - 1:59 Discussing passive income goals - 2:50 You have to plan all the scenarios - 3:24 Access to capital is the most important thing - 15:24 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com Phone: 205-991-4448 https://www.whatiftheyarewrong.com/  FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher 

Colton and Joel McGriff talk about the basics of why they started this podcast. It is not about giving surface-level information, it is about giving you actionable steps to make better decisions. Highlights: The guiding principle to start this podcast - 2:23 There's a lot of theory everywhere - 3:30 Giving enough information - 4:12 The way they teach finances to their clients - 5:46 Building the security system for our families right now - 7:53 Nelson Nash's principles - 9:53 The stock market - 16:13 The new version of gold - 17:03 Resources and Links: https://www.whatiftheyarewrong.com/ https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

This podcast has special news: Colton and his spouse have a new baby! They are so happy as Colton explains how their life changed and about life insurance for newborns. Highlights Diaper changes - 1:41 Kids are expensive - 4:18 The value that a kid brings - 4:54 Controlling costs so that they do not become a problem - 6:30 Planning for “his son's death” - 7:54 Life insurance is necessary - 8:57 The best place to store money - 10:05 What do you want for your grandchildren - 11:56 Life insurance as a savings plan - 13:26 The system to stay in the game - 15:14 The legacy of life insurance - 23:52 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com Phone: 205-991-4448 FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

The McGriffs talk about how you can be coachable through the process of life. They dive into some incredible coaches and explain using a NBA analogy. They recommend implementing the infinite banking system in our lives.   Highlights: Being in the COVID world - 1:12 About generational planning - 4:19 Everything is changing - 5:15 Why coaching is necessary - 6:47 The NBA this year - 7:48 Implementing the Infinite Banking system into your life - 11:40 The need for great coaching - 12:25 When the pieces fit together - 13:05 Allowing families to take and stay in control - 15:05 Always providing opportunities - 15:54 Teaching value systems - 17:09 Learning something new every day - 18:03 Being coachable through the process of life - 19:23   Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

This episode is part three on the cash flow series! The McGriffs talk about cash flow during the pandemic and dive deep about how timing is everything.   Highlights: Cash flow during the pandemic - 2:42 Everything happens the same way during a crisis - 3:30 One of the major things when it comes to cash flow - 4:29 The financial industry during the last crisis - 6:39 Constantly evaluating circumstances - 7:00 The timing effort - 7:41 Talking about timing - 8:18 When timing matters the most - 10:44 Why Infinite Banking makes so much sense right now - 14:44   Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

This is part 2 on the three-part series about cash flow! The McGriffs talk about cash flow, how to build it, and why it is important.   Highlights: Why we need cash flow - 1:57 Having a more certain future - 2:20 The importance of what Nelson Nash taught us - 4:46 The key is to ask “why” - 6:36 Having an independent thought - 6:54 A different approach to your finances - 10:30 We are the CEO of our family corporation - 12:05   Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

This is a three-part series on cash flow! The McGriffs dive in to understand why we do what we do in the financial space. Today's episode is about thinking about retirement differently.    Highlights: Their view about retirement - 1:38 Always creating value in some way - 2:01 Retirement as an amazing time - 4:51 We are always talking about cash flow - 6:27 Creating the cash - 9:38 Making assumptions - 10:44 Focus on cash flow immediately - 11:01 We have the power to change a scarcity mindset - 12:27 The importance of the word “flow” - 12:40   Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Does life insurance make sense? If you want to know the answer to this question, this is the episode for you because the McGriffs explain to us what personal banking is and what we can do to get out of debt. Highlights: Investment ideas during the pandemic - 2:03 Why life insurance makes sense - 2:33 Talking about debt and life insurance - 2:54 Diving more into the life insurance industry - 3:54 Borrowing our money - 9:10 Our ability to earn and save - 11:37 Being better prepared for a crisis - 14:43 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Last week, the McGriffs talked about good debt vs bad debt, but in today's episode, they dive into all debt. They continue to explain what to do when it comes to debt. Highlights: Storing cash - 1:55 You cannot predict everything - 2:04 Looking at future investment decisions - 3:29 People depending on investments - 4:04 The financial world - 5:48 What debt looks like - 10:25 We need to prepare and make a plan - 11:53 Having control of your future - 13:59 What real estate looks like - 15:23 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

Can debt be good? Listen to the McGriffs insights about what makes it good or bad and what to do about it. Highlights: Good and bad debt - 1:14 Paying off debt - 2:34 Student loan debt - 3:18 Credit card debt - 4:03 Should we pay off the debt? - 4:20 Building cash and staying in control - 8:11 There's definitely bad debt - 9:51 Nelson Nash's insights - 12:21 Looking back into history - 13:17 What an interest rate means - 14:42 Good investments and real estate - 16:55 We are all bankers at some level - 18:40 Subscribe to the newsletter! - 19:56   Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

The McGriffs talk about Joel's new nickname, these uneasy times for the world, and explain why you should stop saving for retirement. Highlights: Watching the news all day? - 1:40 Stop saving for retirement - 2:07 How we are going to stop saving for retirement - 2:42 Worrying about cash flow - 3:16 What are outside investments - 4:36 You have to create cash flow now - 7:16 The Wall Street Mindset - 8:11 Learning how to use money - 8:49 Living below your means - 10:28 Expanding our means early on - 10:59 The things that changed during the pandemic - 11:52 There are things that you can't control, but you can adapt to it - 15:02 Trust but verify - 16:20 You always need to know why and make the changes needed - 16:32 The things that you learn today during the pandemic can be applied in the next crisis - 18:54 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher

The McGriffs dive into part two of the United States Monetary History. They highlight the good during the quarantine period and give us a great history lesson! Highlights: The virus going around - 1:23 Taking care of all family members - 2:06 Rescheduling events - 3:05 Working from home - 5:02 A new News Network - 6:03 Inspiration is everywhere - 7:25 Part 2 of the U.S. Monetary Policy History - 8:06 An intelligent thinker - 9:34 Things that happened since 1933 - 10:33 Differing opinions about history - 11:18 Understanding the Federal Reserve - 12:05 The first stage of inflation - 13:00 What happened with Nixon - 13:40 Where money is going - 15:23 The macro level thinking today - 17:05 The current monetary policy - 17:50 What's wrong with the Federal Reserve? - 18:48 The importance of the Infinite Banking Concept - 19:14 Creating your own monetary system - 21:14 Resources and Links: https://www.themcgriffalliance.com joel@themcgriffalliance.com colton@themcgriffalliance.com  Phone: 205-991-4448    FREE eBook: Why Life Settlements Make Sense Schedule a Free Consultation by clicking here   How to Listen: Subscribe on Apple Podcasts Follow on Spotify Listen on Stitcher