How Life Insurance Policy Loans Work / Wealth Labs Podcast with Garrett Gunderson

There is a lot of misinformation in the world around various types of life insurance policies. Today, I have brought on Tim Cardon to navigate the waters of the elusive Universal Life Policy and give you some clarity on what types of Life Insurance you should be looking at.

Time Stamps:
1:02 – When you say pay yourself interest when loaning yourself money from your policy, you mean your whole life policy?
2:35 – Garrett’s Experience with a variable universal life policy
3:10 – How Variable Universal Life works
6:50 – The origin of Universal Life Policies
11:42 – Why most whole life policies aren’t a great option
14:42 – Recommendation when getting life insurance
15:15 – Why Whole Life Insurance is one of the best savings strategies available

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Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
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Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.

He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.

Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!

If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.

Interested in getting a Financial Checklist to you back on the right track? Click the link below:
https://wlth.co/Garretts-financial-checklist
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Follow Me Online Here:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Interested in going deeper?

Killing Sacred Cows – https://amzn.to/2lMbX1i
What Would the Rockefellers Do – https://wlth.co/Garretts-free-book

#GarrettGunderson #WealthLabsPodcast #MoneyMatters

This video is about How Life Insurance Policy Loans Work / Wealth Labs Podcast with Garrett Gunderson

These 3 HABITS Will Make You RICH! / Wealth Labs Podcast with Garrett Gunderson

Do you have a financial question you’d like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

Developing our mindsets and shifting paradigms is a process. Each of us have ups and downs in life and how we approach the hardships can make a significant difference. On today’s episode of Ask The Money Nerds, Stolba and I talk through some of the processes that I use to stay in abundance during plateaus or moments of hardship. Start you day in a way that creates a shield of abundance around you. Listen in to learn more!

Time Stamps:
1:10 – How can I think like You (Garrett) more naturally
2:32 – Where Garrett first started to learn about the importance of mindset
3:50 – My Take on the Morning Ritual (The Producer Power Hour)
5:05 – The 3 keys to a Producer Power Hour
7:00 – What to do if you feel you are trapped in scarcity
10:59 – How we process frustration
_
► Subscribe to my channel here: https://www.youtube.com/channel/UCs–ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1
_
Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
_

Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.

He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.

Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!

If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.

Interested in getting a Financial Checklist to you back on the right track? Click the link below:
https://wlth.co/Garretts-financial-checklist
_
Follow Me Online Here:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Interested in going deeper?

Killing Sacred Cows – https://amzn.to/2lMbX1i
What Would the Rockefellers Do – https://wlth.co/Garretts-free-book

#GarrettGunderson #WealthLabsPodcast #MoneyMatters

This video is about Mindset is EVERYTHING / Wealth Labs Podcast with Garrett Gunderson

Save Yourself From This Market FREE-FALL! / Wealth Labs Podcast with Garrett Gunderson

Do you have a financial question you’d like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

The volatility of the stock market is rapidly increasing and this is causing people to start losing sleep over what is going on in their 401ks. Today, I have Tim Cardon, and Amanda with me to discuss the current situation with the market and give you some solutions to help you navigate these volatile times.

Time Stamps:
2:00 – What has happened in the market over the past 15 days
3:30 – What a 50k account would look like today after those 15 days with fees accounted for
5:25 – What was the loss per day and why did the value drop so dramatically
6:50 – Why losses impact your more than gains
9:02 – What the impact of volatility is on your rate of return
11:20 – Where did 401ks come from?
13:20 – What are the solutions for dealing with the volatility of the current markets?
15:10 – Why do money managers still quote that the market sees an average of 10% returns every year?
18:00 – What are other alternative investments and how do their rates of return compare?
25:10 – What is an Arbitrage opportunity?

_
► Subscribe to my channel here: https://www.youtube.com/channel/UCs–ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1
_
Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
_

Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.

He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.

Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!

If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.

Interested in getting a Financial Checklist to you back on the right track? Click the link below:
https://wlth.co/Garretts-financial-checklist
_
Follow Me Online Here:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Interested in going deeper?

Killing Sacred Cows – https://amzn.to/2lMbX1i
What Would the Rockefellers Do – https://wlth.co/Garretts-free-book

#GarrettGunderson #WealthLabsPodcast #MoneyMatters

This video is about Save Yourself From This Market FREE-FALL! / Wealth Labs Podcast with Garrett Gunderson

How to Live a WEALTHY life / Wealth Labs Podcast with Garrett Gunderson

Do you have a financial question you’d like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

You are your greatest asset! How can you live a quality life now, rather than waiting for retirement? Is there a healthy percentage of ones income to dedicate towards life experiences? Today’s Ask The Money Nerds segment, hits home as Amanda and I walk through how to live life today rather than waiting for retirement. Learn how I used to live a miserly life and how I was able to break free and create a life I love!

Time Stamps:
2:35 – How does the allocation of personal funds for retirement change for those who plan to retire late or never retire? Is there a healthy percentage of ones income to dedicate towards life experience?
3:30 – What is Economic Independence?
3:50 – 5 Levers to reach Economic Independence
6:08 – The switch for Garrett that made him think more about quality of life
9:45 – Garrett’s practical ways of living wealthy
_
► Subscribe to my channel here: https://www.youtube.com/channel/UCs–ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1
_
Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
_

Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.

He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.

Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!

If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.

Interested in getting a Financial Checklist to you back on the right track? Click the link below:
https://wlth.co/Garretts-financial-checklist
_
Follow Me Online Here:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Interested in going deeper?

Killing Sacred Cows – https://amzn.to/2lMbX1i
What Would the Rockefellers Do – https://wlth.co/Garretts-free-book

#GarrettGunderson #WealthLabsPodcast #AskTheMoneyNerds

This video is about How to Live a WEALTHY life / Wealth Labs Podcast with Garrett Gunderson
https://youtu.be/xc7Sq9y-Vzs
https://youtu.be/xc7Sq9y-Vzs

Should I Sell my House? / Wealth Labs Podcast with Garrett Gunderson

Situations around homes and mortgages can be tough. On Today’s Ask The Money Nerds Segment of the Wealth Labs Podcast, Amanda and I tackle a mortgage situation that you will not want to miss!

Time Stamps:
1:40 – Why Garrett Chooses to Keep a Mortgage on his house
2:40 – Why historically people may have preconceived notions on why they should pay off their mortgage
4:00 – Should I consider selling my home given my current financial situation or do I have other option?
7:00 – Options if you can increase your income to be able to pay the mortgage
7:30 – Why you might consider selling the home
9:55 – Should I use my savings to pay down my mortgage?

_
► Subscribe to my channel here: https://www.youtube.com/channel/UCs–ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1
_
Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
_

Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.

He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.

Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!

If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.

Interested in getting a Financial Checklist to you back on the right track? Click the link below:
https://wlth.co/Garretts-financial-checklist
_
Follow Me Online Here:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Interested in going deeper?

Killing Sacred Cows – https://amzn.to/2lMbX1i
What Would the Rockefellers Do – https://wlth.co/Garretts-free-book

#GarrettGunderson #WealthLabsPodcast #AskTheMoneyNerds
This video is about Should I Sell my House? / Wealth Labs Podcast with Garrett Gunderson