"Whole life is the most common form of permanent insurance. Premiums ... remain the same throughout the policy period." - financial planning textbook Does that mean whole life premiums are inflexible? We asked ChatGPT, "Are whole life premiums flexible?" CHATGPT said: "Yes, whole life insurance premiums can be flexible to some extent, depending on the specific policy and the options chosen by the policyholder." Then, AI gave us 5 ways premiums can be flexible! But just how flexible can whole life insurance premiums be??? Join our conversation with Marty Smith, Regional Vice President at Security Mutual Life of New York to learn more about a life insurance rider that we've found to have surprising flexibility. If you think you need flexibility with your financial future, this episode is for you! 0:00 Intro 3:20 Bank On Yourself® is For the Lay Person 8:09 Security Mutual: A Perfect Fit 12:55 What is the Combo Rider? 21:43 Funding Strategy at a Glance 38:54 Combo Rider Stability 47:03 Building Foundational Wealth ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Prefer audio? Listen on Apple Podcasts here: https://podcasts.apple.com/us/podcast/how-flexible-can-whole-life-be-with-marty-smith/id1430092759?i=1000634883629 Conventional financial thinking has left too many people feeling like they should be further along by now. True wealth wisdom brings clarity and purpose on how to make real progress no matter what's happening in the economy or on Wall Street. ? ? Get started with defeating overwhelm and build your financial confidence: https://www.wealthwisdomfp.com/still ⬅️ ☑️ JOIN OUR FINANCIAL FREEDOM COMMUNITY: https://www.wealthwisdomfp.com/community ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ ?CONNECT ON THE SOCIALS: FB: https://www.facebook.com/WealthWisdomFinancial/ Insta: https://www.instagram.com/WealthWisdomFP/ YT: Hit that Subscribe button and then the bell! ?? or click here: https://www.youtube.com/c/wealthwisdomfinancial?sub_confirmation=1 ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Important Deets: Wealth Wisdom Financial’s content is for general information only and not for the purposes of providing legal, accounting, or investment advice. On such matters, please consult a professional who knows your specific situation. Some of our links are affiliate links where we earn a small commission at no additional cost to you if you make a purchase. ... https://www.youtube.com/watch?v=VdJw31yvyOw

In this week's exciting episode, Brandon and Amanda team up to uncover some of the misleading information from the Federal Reserve Bank and spread by Dave Ramsey. They want to help you have real hope based on long term perspective so you can make informed decisions about your money. By debunking common misconceptions, they aim to provide you with accurate financial knowledge. But that's not all! Brandon and Amanda have some fantastic wealth-building strategies up their sleeves. They'll show you how to break free from the cycle of debt and savings that might be holding you back. Instead, they'll guide you on a new journey toward building wealth, where you can take control of your financial future. So, get ready to learn about these powerful methods that can help you achieve your financial goals and live a more secure life. Join us to Escape Financial Lies and Find Genuine Hope. NY Federal Reserve Blog Link: https://libertystreeteconomics.newyorkfed.org/2023/08/credit-card-markets-head-back-to-normal-after-pandemic-pause/ ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Prefer audio? Listen on Apple Podcasts here: https://podcasts.apple.com/us/podcast/escape-financial-lies-and-find-genuine-hope/id1430092759?i=1000630934824 Conventional financial thinking has left too many people feeling like they should be further along by now. True wealth wisdom brings clarity and purpose on how to make real progress no matter what's happening in the economy or on Wall Street. ? ? Get started with defeating overwhelm and build your financial confidence: https://www.wealthwisdomfp.com/still ⬅️ ☑️ Ready to make progress faster? Join our COMMUNITY to get the nudge you need for more financial freedom: https://www.wealthwisdomfp.com/community ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ ?CONNECT ON THE SOCIALS: FB: https://www.facebook.com/WealthWisdomFinancial/ Insta: https://www.instagram.com/WealthWisdomFP/ YT: Hit that Subscribe button and then the bell! ?? or click here: https://www.youtube.com/c/wealthwisdomfinancial?sub_confirmation=1 ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Important Deets: Wealth Wisdom Financial’s content is for general information only and not for the purposes of providing legal, accounting, or investment advice. On such matters, please consult a professional who knows your specific situation. Some of our links are affiliate links where we earn a small commission at no additional cost to you if you make a purchase. ... https://www.youtube.com/watch?v=cv3gYD17IwI

This episode addresses the six common financial 'fires' or challenges that can potentially derail one's financial well-being. These 6 fires are (1) liquidity needs, (2) long-term disability, (3) loss of life, (4) long-term care, (5) longevity, and (6) legal liability. Get your fire extinguishers ready BEFORE one of these fires hits you or your family! Join your hosts and special guest Mark Willis, CFP®. This episode is full of real-life examples. We also quickly get hopeful with ideas and share a software we offer to our clients: Asset-Map. Asset-Map is a tool visualizing one's financial situation, assets, liabilities, and insurance policies to prepare for and mitigate these risks effectively. We also touch upon the psychological aspects of financial planning and the peace of mind that comes with being prepared. By fostering an understanding of these challenges and encouraging proactive planning, the episode aims to empower listeners to achieve financial peace and security. 00:00 Opening Remarks: Navigating Financial Well-being 01:29 Personal Stories: The Impact of Financial Planning 06:14 The Six L's of Financial Security 06:33 Deep Dive into Liquidity Needs 07:51 Understanding Long-Term Disability 10:51 The Importance of Life Insurance 15:04 Addressing Long-Term Care Concerns 18:26 Facing the Reality of Longevity 21:33 Legal Liability and Legacy Planning 26:19 Empowering Fire Prevention Strategies 26:54 The Essence of Planning Over Plans 28:44 Introducing the Jetson Family: A Financial Planning Case Study 37:24 The Flinstone Family: Navigating Complex Financial Landscapes 48:18 Closing Thoughts and Invitation to Join the Financial Planning Revolution ▶︎▶︎▶︎ Next steps! Get your Asset-Map by scheduling a call and putting Asset-Map in the notes. ⇨ Schedule a call with Brandon Neely or Amanda Neely, CFP® here: https://www.wealthwisdomfp.com/call ⇨ Schedule a call with Mark Willis, CFP® here: https://nyafinancialpodcast.com/ Remember, it's not the plan or the tool that matters as much as the guide who comes alongside you to prevent financial fires! ?? ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Listen on Apple Podcasts here: https://podcasts.apple.com/us/podcast/navigating-financial-fires-a-guide-to-protecting/id1430092759?i=1000649018667 ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Conventional financial thinking has left too many people feeling like they should be further along by now. True wealth wisdom brings clarity and purpose on how to make real progress no matter what's happening in the economy or on Wall Street. ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Defeat financial overwhelm and build your confidence: https://www.wealthwisdomfp.com/still Join our financial community: https://www.wealthwisdomfp.com/community ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Find us here: https://www.facebook.com/WealthWisdomFinancial/ https://www.instagram.com/WealthWisdomFP/ https://www.youtube.com/c/wealthwisdomfinancial?sub_confirmation=1 ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ Important Details: Wealth Wisdom Financial’s content is for general information only and not for the purposes of providing legal, accounting, or investment advice. On such matters, please consult a professional who knows your specific situation. Some of our links are affiliate links where we earn a small commission at no additional cost to you if you make a purchase. ... https://www.youtube.com/watch?v=8qfeig9Dbn8

It doesn’t matter what field you’re in, success leaves clues others can follow. When you learn something new, you very rarely discover it for the first time. It’s usually something you’ve read in a book or seen on a Youtube video or heard from a friend. Without a proven model, success will be much harder for you to achieve. We are hardwired to learn by watching the behavior of others. It’s how we learn to walk and talk. You watch the behaviors of others and then use it to model your own behavior. If you’re having trouble putting this idea into action, make sure you tune into today’s episode, and while you’re listening, be sure to ask yourself these two questions: Whose success clues are you studying? Whose model are you duplicating? Today’s Show Highlights: - One of the most common habits among all successful people (3:20) - How to sustain high performance and live a satisfying life (5:25) - The real power of a mentor relationship and having somebody to talk to (7:45) - A huge life lesson we can learn from The Lord of the Rings (11:00) - How NOT to find a mentor...and the types of people you should avoid like the plague (13:00) --------------------------------------------------------------------------------------------------------------------- Remember to download Grandma’s free wholesome wealth recipes book by dropping into www.grandmaswealth.com. Time-honored wealth strategies served with a helping of balance and trust. If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call...just like Grandma would want us to do. ... https://www.youtube.com/watch?v=AulIqaUgEpo