How To Bank On Yourself and Build Wealth - with Mark Willis

Are you confident in your understanding of self-financing and how to build real wealth in a way that is safe and predictable? Do you know how to create an income in retirement that you will not outlive? Not many do, which is why consulting a Certified Financial Planner can be such a game changer in understanding how you can take charge of your finances, start to build wealth, and set your future up for success. Today’s guest is just the person to break it all down and help you think differently about money, the economy, and your future. 

Mark Willis is a CFP, owner of the financial firm Lake Growth Financial Services, he is a 3 time best-selling author, and co-host of the “Not Your Average Financial Podcast.” With so much losing happening in 2020, Mark wanted to find a way to win, and knew that banks will win no matter what. How can we come out on the winning side too? The idea of “Banking on Yourself” answers that very question. Mark is dedicated to helping others take control of their financial life and fully understand all aspects of their financial plan and how to make the most of their hard earned money.

In this episode, Mark breaks down the concept of self-financing and the different options to go about this. Let’s face it, debt is the most profitable product, and we don’t want to not be in control of our debt and financial life, so learning from a CFP will greatly benefit anyone. Mark shares so much financial knowledge in an easy to understand way, so you can feel better equipped to begin making your financial plan.

Key highlights:

Intro to Mark WillisWhat does it mean to self finance?Marks journey with student loan debt 6 figuresBanks will win no matter what. How can you win too?Debt is the most profitable productWho is controlling your debt and your financial life?How do we get to self financing?Why do you get penalties when you withdraw your 401k early?How can you bank on yourself?What is whole life insurance?Mutual life insurance company vs. publicly ownedWhat is a CFP? Why is that special?What goes into building a financial plan?Mark’s thoughts on crypto and crypto IRAHow life insurance and crypto can work togetherIs paying off your mortgage a good idea?Eric’s thought on crypto and where it’s goingWhy you should find a way to be your own bankContractional wealthWhat to look for in a contract with whole life insuranceWhy you should look for a “bank on yourself professional.”

Connect with Mark: 

Book a 15 minute call with: KickStarWithMark.com

Lake Growth Financial Services: lakegrowth.com

Not Your Average Financial Podcast

YouTube

LinkedIn: Mark Willis, CFP

Twitter: @LakeGrowth

Facebook: Lake Growth

Instagram:@notyouraveragefinancial

 

Connect with Eric:

Be sure to connect with us in our Lead Sell Grow – The Human Experience Tribe Facebook group

Pick up your copy of B2B Sales Secrets Here

Learn more about our services: www.TheGoalGuide.com

Improve your sales and stay connected – Free Gifts Here https://shor.by/TheGoalGuide