Wealth Labs with Garrett Gunderson artwork

Wealth Labs with Garrett Gunderson

170 episodes - English - Latest episode: about 3 years ago - ★★★★★ - 73 ratings

Turn your thoughts into profits and build the life you love.

Business
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Episodes

165. Is the Housing Market In A Bubble? / Garrett Gunderson

March 15, 2021 16:00 - 11 minutes - 10.6 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett shares his thoughts on the current state of money and the housing market. $1.9 TRILLION dollars are about to be pumped into the American economy without any value creation, it is simply being added to computer screens. What does this mean for housing prices? Today...

164. Keep MORE of Your Hard Earned Money with THIS Type of Corporation / Garrett Gunderson

March 12, 2021 17:00 - 4 minutes - 4.28 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda answer a viewers questions about setting up an S-Corporation and the ways this entity can support the business from liability standpoint as well help you save on taxes. Income differentiation is a key to saving money on your taxes. Today, we explore th...

163. Guaranteed Income for LIFE?!? Here's the Catch... / Garrett Gunderson

March 08, 2021 17:00 - 14 minutes - 13.2 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda dive into Indexed Annuities and Indexed Universal Life policies for creating sustainable, long-term income. Today we look at a question about creating a fixed, future income and whether or not an Indexed Annuity or an Indexed Universal Life policy is po...

162. Is Whole Life a RIP OFF??? / Garrett Gunderson

March 05, 2021 17:00 - 13 minutes - 11.9 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda talk about how Life Insurance companies make money. Some financial experts believe that Whole Life Insurance is a hole you put your money into, but is that really true? Today, we are exploring the financial stability of life insurance companies as well ...

161. What Should You Do With An Old RETIREMENT Plan?/ Ask The Money Nerds

March 01, 2021 17:00 - 13 minutes - 12.4 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Kyle about what he should do with the money he has in his 401(k) from a part job. Do you have a 401(k) and also have loans or debt? Is it a good idea to cash out the 401(k) to pay off debt os is it better to keep putting money awa...

160. Paying off your mortgage early - Answering Your Questions / Ask The Money Nerds

February 26, 2021 17:00 - 38 minutes - 35 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda respond to YOUR comments from a previous video about paying off your mortgage. People are FIRED up about mortgages! Should you pay them off? And if you don't are you making the right choice? Today's Ask the Money Nerds episode is going to be a little di...

159. Breaking Down The GameStop Stock Market Situation / Ask The Money Nerds

February 22, 2021 17:00 - 23 minutes - 21.2 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss the most recent events around Reddit's WallStreetBets forum and GameStop. Reddit, GameStop, AMC Theaters, and Silver have all been a part of a new conversation around sticking it to the big Wall Street Firms. Listen in as we talk about the curre...

158. Is Paying OFF Your Mortgage Early a MISTAKE? / Ask The Money Nerds

February 19, 2021 17:00 - 24 minutes - 22.2 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss the pros and cons of paying off your mortgage with Rich Christiansen. Garrett is considering paying off his mortgage. But is that really the best decision? What are the pros and cons? He weighing his options which is why we have a special guest ...

157. The Keys To Winning With Money / Ask The Money Nerds

February 15, 2021 19:56 - 12 minutes - 11.8 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss the key money principles to win with your money. There are plenty of things you can do to improve your finances, but without this one technique, this one step, it is all for nothing. If you want to secure your financial future, automate the capt...

156. How to Win With Money in 2021 / Ask The Money Nerds

February 12, 2021 17:00 - 19 minutes - 17.7 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss money mindsets and how to win with money. There are plenty of things you can do to improve your finances, but without this one technique, this one step, it is all for nothing. If you want to secure your financial future, automate the capture of ...

155. What Happens If There Is A COLLAPSE Of The Dollar?!? / Ask The Money Nerds

February 08, 2021 17:00 - 16 minutes - 14.9 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss ways to prepare for a collapse of the dollar. Are you worried about the stability of financial institutions? How about the monetary system and the value of the US dollar? Today, we discuss how to prepare for the volatility in the current moneta...

154. Should You Fund a Cash Flow Bank with a Retirement Account? / Ask The Money Nerds

February 05, 2021 17:00 - 17 minutes - 16.4 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss when it makes sense to utilize a retirement account to fund a cash flow banking policy. Does it make sense to cash out an IRA right now? When does it make sense to fund your own bank when cash flow is unpredictable. Listen in as Garrett shares t...

153. Getting Your Message Out To The WORLD and Understanding Intellectual Property / Ask The Money Nerds

February 01, 2021 17:00 - 30 minutes - 28.3 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss intellectual property (IP), how to get your message out to the right people and when to consider setting up an IP Company. Do you have content inside of you that you want to share with others and have the desire to monetize? Does the world of m...

152. How to Have Difficult Money Conversations / Ask The Money Nerds

January 29, 2021 17:00 - 12 minutes - 11.3 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda discuss how to have conversations about money with your loved ones. Do you worry about the financial situation of your loved ones? Do you fear they won't be able to retire or have what they need to live a semi stress-free life? How can you have conversa...

151. NEW Way to Determine If Taking Money Out Of Your Retirement Account is RIGHT / Ask The Money Nerds

January 25, 2021 17:00 - 12 minutes - 11.3 MB

Do you have a financial question you'd like one of our Money Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In this episode of Ask the Money Nerds, Garrett and Amanda dive into a topic that most people forget is even an option for them: cashing out portions of their retirement account. When is the right time to take money from a retirement plan and for what purpose? What is considered an investment and why do you hav...

150. Why Compound Interest May Be OVER-RATED / Ask The Money Nerds

January 22, 2021 17:00 - 20 minutes - 18.7 MB

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! In this episode of Ask the Money Nerds, Garrett takes a deep dive into the commonly discussed money topic of compound interest. Is compound interest a myth? When is the right time to take money from a retirement plan? Is compound interest the only way to grow your wealth or is it over-rated? Today, we explo...

149. Understanding Bitcoin and Cryptocurrencies - Full Interview / Ask The Money Nerds

January 18, 2021 17:00 - 1 hour - 57 MB

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! In this episode of Ask the Money Nerds, Garrett, Amanda and a special guest explore the world of cryptocurrencies. The idea of using cryptocurrencies, including Bitcoin in our daily lives is starting to become more commonly discussed across the globe. Today, we bring in a crypto-expert, Logan Sunday, to tel...

148. How to Buy Cryptocurrency for Beginners (UPDATED Ultimate Guide) / Ask The Money Nerds

January 04, 2021 17:00 - 13 minutes - 12.4 MB

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! In this episode of Ask the Money Nerds, Garrett, Amanda and a new Money Nerd, Logan talk through how to get started in the crypto space. The idea of using cryptocurrencies and Bitcoin in our daily lives is starting to become more commonly discussed across the globe. Is it time for you to consider getting i...

147. How To LEGALLY Avoid Estate Taxes! / Ask The Money Nerd

January 01, 2021 17:00 - 9 minutes - 8.27 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Janae. Janae wrote in with a question about receiving a large financial gift from her parents. Many of you are worried that there will be some major changes to estate taxes when new administration takes office. How should yo...

146. Is Now The RIGHT Time To Expand Your Business? / Ask The Money Nerds

December 28, 2020 17:00 - 12 minutes - 11.8 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Patty. Patty wrote in with a question wondering if it is worth buying a restaurant if it takes up most of their current cash flow. Is now the time to buy assets or businesses? When does it make sense to use your cash in orde...

145. Can You Still Create Your CASH FLOW BANK With Preexisting Conditions? / Ask The Money Nerds

December 25, 2020 17:00 - 8 minutes - 7.32 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Kason. Kason wrote in with a question about creating a Cash Flow Banking policy and how to do so with a preexisting condition. Would you like to use Cash Flow Banking but have had a health issue preventing you from getting t...

144. Should I WITHDRAW From My 401k to Pay OFF My House? / Ask The Money Nerds

December 21, 2020 17:00 - 13 minutes - 12.6 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Yimer. Yimer wrote in with a question about withdrawing some money out of his 401k to ultimately pay off his house. If you have the money to pay off your loans, is now a good time? Are you worried about what will happen to...

143. Should I Refinance My Mortgage? / Ask The Money Nerds

December 18, 2020 17:00 - 19 minutes - 18 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Damon. Damon wrote in with a question about refinancing his home. Is now a good time to refinance with interest rates so low? Are the fees worth it and when do you break even? Today, we talk through some of the scenarios ab...

142. Can You Buy Real Estate Using Cash Value from Your Cash Flow Bank? / Ask The Money Nerds

December 14, 2020 17:00 - 10 minutes - 9.22 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from George. George wrote in with a question about using a cash flow banking policy to purchase real-estate. If you want to buy real estate, where is the best place to store your money for down payments? How do you protect your ...

141. The Path to Financial FREEDOM - Getting Started / Ask The Money Nerds

December 11, 2020 17:00 - 12 minutes - 11.6 MB

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! In this episode of Ask the Money Nerds, Garrett and Amanda answer a question from Karla. Karla wrote in with a question about creating financial independence in her life, but is unsure about how to approach it. So, How do you create financial independence? What if you are just starting out and not sure wh...

140. Passive Income Investments that NOBODY Talks About / Ask The Money Nerds

December 07, 2020 05:00 - 10 minutes - 9.4 MB

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! There is plenty of information talking about creating passive income, but how do you go about creating it? Sometimes assets that create cash flow aren’t very passive. When I did a lot of real estate investing, it felt pretty active. Owning a business can require even more of your attention and time so what a...

139. The Top 3 Strategies for Using Your Cash Flow Bank / Ask The Money Nerds

December 04, 2020 05:00 - 8 minutes - 7.62 MB

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! What are the top strategies to maximize your Cash Flow Banking system? With the massive amount of money that has been and will continue being added to the economy, setting your money aside for the hopes of it growing the next thirty years in funds you have no control over isn’t necessarily the best option. ...

138. Teaching Kids About Money / Ask The Money Nerds

November 30, 2020 16:16 - 20 minutes - 18.6 MB

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! In life and in school we aren’t given money manual even though it is something that impacts us on a daily basis. We often develop habits from our parents or teachers and at times the amount of intelligence around it is often limited. How can you teach your kids about money? When should you start teaching t...

137. Can You Fund Your Cash Flow Bank With Money Pulled From Your 401k? / Ask The Money Nerds

November 27, 2020 16:13 - 19 minutes - 17.4 MB

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! What is the best way to pay off loans? When does it make sense to use your retirement funds before retirement? In today's episode of Ask The Money Nerds, Amanda and I explore the most efficient way to pay off your loans if you choose to pull money out of your 401k and how you can get your money to be more us...

136. Watch This BEFORE Purchasing Long-Term Disability Insurance! / Ask The Money Nerds

November 19, 2020 16:21 - 18 minutes - 17.4 MB

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! A healthy individual is 4x more likely to become disabled before the age of 65 than prematurely die. Yet, this is one the insurances that most put off, I even did initially. When is it a good idea to consider purchasing disability insurance? How much coverage is a good amount to have and what different types...

135. How To Become A Millionaire In ONE Year ft. @Ryan Daniel Moran / Ask The Money Nerds

November 18, 2020 02:16 - 1 hour - 58.5 MB

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! Are you tired of hearing so much negativity, being a part of conversations or watching media that focuses mostly on problems? Well, today Ryan Moran of Capitalism.com joins me for a conversation that is centered on positivity and possibilities because we want you to be profitable and productive in these trou...

134. Getting to Financial Freedom WITHOUT Cutting Back / Ask The Money Nerds

November 02, 2020 22:30 - 14 minutes - 13.5 MB

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! Are you doomed to scrimp and save your life away in order to get on solid financial ground? Do you feel that too much of your money goes to financial institutions and the government rather than to your quality of life? What are the steps to create a solid foundation and keep more of what you make without cu...

133. Skip The Bank and Create Your Own CASHFLOW Bank / Ask The Money Nerds

October 30, 2020 04:00 - 12 minutes - 11.9 MB

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! Are you wanting to accelerate the rate at which you can stop needing banks in your life and have your own system? Would you like to overfund your cash value, but you're not sure how much you can put in and still keep your tax advantage? What do you do if you have a policy that isn’t designed correctly? 90 pl...

132. How to Pay Down Debt: Strategies for FAST Debt Payoff / Ask The Money Nerds

October 29, 2020 17:40 - 15 minutes - 14.2 MB

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! What is the quickest way to reduce debt? Are you stressed and feeling anxious about your payments, your loans, and your cash flow? If you have more than one loan or are feeling overwhelmed with the amount of debt you have this Ask The Money Nerds episode is for you. Get my latest book Budgeting Sucks by vi...

131. The BIGGEST Tax Mistakes That Most People Do...and How to FIX Them / Ask The Money Nerds

October 19, 2020 04:00 - 11 minutes - 10.8 MB

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! Do you have money that has yet to be taxed from your business and are wondering if you should pay the tax or if there are investments that provide tax advantages? I'm not talking about merely kicking the can down the road and delaying taxes, but ways to actually save tax without just spending more money. Whe...

130. Ideas for CREATING Upside Potential In Your Role / Ask The Money Nerds

October 17, 2020 17:59 - 16 minutes - 15.3 MB

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! Are you wondering what to do with your savings? What are the best ways to protect your cash and yet find ways to grow it? If you are looking to become a better investor and get answers to these questions, this is the Ask The Money Nerds session for you. To learn more about cash flow banking visit: https://c...

129. When to Start Paying Yourself Again When Cash Flow is DOWN! / Ask The Money Nerds

October 16, 2020 04:00 - 13 minutes - 11.9 MB

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! Has your cash flow/income dropped during COVID? Do you own a business or work for a business that has been hit and you aren’t sure what to do with paying yourself? What habits do you want to keep and where do you want to make immediate changes to create staying power while you weather the storm? *** If you...

128. Pay Off Debt Or Stockpile Cash During This Time Of Uncertainty?? / Ask The Money Nerds

October 12, 2020 16:07 - 11 minutes - 10.4 MB

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! Is paying off debt destroying your life or are you feeling trapped, lost and that there is no end in sight? Are you stuck or frustrated as most of your money goes right out the door and you feel like you are living paycheck to paycheck? What are you options? How can you turn things around? Should you use you...

127. What To Do When You Have Extra Money In The Bank? / Ask The Money Nerds

October 06, 2020 04:00 - 7 minutes - 7.28 MB

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! Do you have extra cash in your account and you aren't sure what to do with it? What if you need that cash for an opportunity or for safety, what are your options? All this and much more on today's episode of Ask The Money Nerds! *** If you enjoy the podcast, consider leaving a short review on Apple Podcasts/...

126. Take Part In The Biggest Wealth Transfer in History is Upon Us / Ask The Money Nerds

October 05, 2020 18:49 - 25 minutes - 23.7 MB

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! Are you wondering where to allocate your money? Are publicly traded companies in the stock market or mutual fund heavily overvalued...YES! Are there better opportunities out there? YES! Today, Walker Deibel and I talk about the number one thing that will help you own and control your future when it comes...

125. Should you be putting money into a 401k right now? / Ask The Money Nerds

October 03, 2020 04:00 - 16 minutes - 15.2 MB

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! Is there a tax advantage to funding your 401k or retirement plan? Does it make sense to keep contributing with the economy in the shape it is right now? What if you have other options? What alternatives do you have to allocate your cash elsewhere? Today’s question is about comparing real estate to retireme...

124. Should You Invest Passively Into A Business to Build Passive Income? / Ask The Money Nerds

October 02, 2020 19:54 - 15 minutes - 13.9 MB

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! Have you been working hard, saving money, doing what you have been taught to have a better life: pay off debt, save money in a retirement, work hard, get an education, and yet not sure this will get you where you want to go? Are you concerned about the economy and watched too many pensions disappear for ot...

123. Inflation WILL Start Rising Soon...And Here's What To Do About It! / Ask The Money Nerds

September 29, 2020 04:00 - 22 minutes - 20.3 MB

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! Are you worried about inflation? Well, the numbers may be the same in your bank account right now, but what those dollars can buy is going to go down. When more money is added to the economy without anyone creating value or doing anything for it you lose purchasing power. What about gold , silver, or cryptoc...

122. Should You Go ALL IN and buy a business? / Ask The Money Nerds

September 28, 2020 18:05 - 10 minutes - 9.79 MB

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! Are you wondering if it's a good time for you to sell your home? Are you wondering if now is a good time to start a business or maybe even buy a business? Today, I have a special Money Nerd joining me, Walker Deibel. He wrote the book "Buy Then Build" and is here to answer Chad's question about whether or no...

121. Should You Be Waiting For Things To Get WORSE To Invest? / Ask The Money Nerds

September 27, 2020 04:02 - 10 minutes - 9.28 MB

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! In 2008-2010 people lost tons of money in real estate, but immediately after a select few made a fortune. There is another opportunity coming again, will you be ready, can you capitalize? What can you do to prepare right now and what ideas will be most profitable? Which will have the most risk? This is wha...

120. How To Retire Early in 10 Years or Less / Ask The Money Nerds

September 20, 2020 04:00 - 20 minutes - 19.1 MB

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! People have been trained for a century to be passive investors, to accumulate and wait for compound interest to kick in. This isn’t the method of the banks, Wall Street, or the wealthy, so it is more of a do as I say and not as I do type of idea. Cash flow investing requires knowledge, some patience and pers...

119. Should You Start A Cash Flow Bank In Your BUSINESS? / Ask The Money Nerds

September 19, 2020 04:00 - 14 minutes - 13 MB

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! What if you no longer had to apply for a loan at a bank or go through the hoops to get access to your equity? What if your credit didn’t determine your interest rates or your access to cash? What if you could have a way to keep earning interest while having access to your money. Today we learn what banks and...

118. What To Do About Your BROKE Friends / Ask The Money Nerds

September 18, 2020 14:39 - 13 minutes - 11.9 MB

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! Are you advancing and yet you have friends that have antiquated financial beliefs or judgement that is causing friction for you? How can you move forward powerfully and keep your friends if you don’t share the same philosophy? Are you wondering how to navigate the world of finance with so much misinformatio...

117. A Conversation That Could Make You RICH / Ask The Money Nerds

September 04, 2020 04:00 - 11 minutes - 11 MB

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! Are you doing things differently than the masses and want to help those you care about with the concepts you are learning? What is the best way to help them and have difficult conversations? Do you want a better place to store your savings, cut out the bank as the middleman, and earn higher interest with ta...

116. Create Wealth FASTER With The VELOCITY of Money / Ask The Money Nerds

September 03, 2020 17:28 - 13 minutes - 12.7 MB

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! If you were a fast food business selling hamburgers, fries and drinks, what has the best margin, the worst margin? How much do you make on hamburgers versus drinks? Even though the margin is low on hamburgers, if you stop selling them, you sell less drinks. Turnover (aka velocity) is the key to creating more...

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@gbgunderson 161 Episodes