Perennial Pride

In today's episode, Tom is joined by Dave Zook from The Real Asset Investor as they discuss his entrepreneurial background and how it led him to have a $500K tax bill from his business. This pushed him to explore how others were reducing their tax bills which in turn got him into the Real Estate Multi-Family space. We are living in a crazy economic world with a threat of recession coming. Watch an...

Today, Tom talks about the different ways Whole Life Insurance is a benefit for those concerned with taxes. The history of the tax code and how it's ballooned to thousands of pages makes it so that no one can read and understand the whole thing. It's important to reinforce the need to understand the tax code as a set of incentives; one being to protect our families so the government doesn't have t...

As Ben Franklin said, "Nothing is certain except death and taxes." In this episode, Tom shares two models that will help you think through a different approach to building financial freedom. How you use your dollars to maximize your life and create freedom, requires taking the necessary steps and assessing what you're currently doing. What are you doing today to build cash flow now to live the lif...

Tom is joined by cybersecurity expert Joe Vitti as they talk about the importance of having the "defensive" side of our lives in a place that helps solidify our foundation of wealth building. In our very connected, tech-heavy world, the exposure is growing in diversity and size. It's important to own the responsibility and take steps to protect your assets. Listen to hear recommendations on how to...

Nothing is permanent, except change. We may have the best laid-out plans but what would happen that could change that? In today's episode, Tom focuses on what stops people when it comes to changing their worries about what could happen. What if I can't make the premium contribution to my Family Bank? There are multiple options at your disposal such as using cash value to create assets that bring y...

Tom is joined today by fellow IBC practitioner Brandon Jenkins of Tier One Life Insurance where they talk about their shared values, core principles, and building the right habits and mindset in life. Continuously learning and focusing on what you can control combined with good habits, align with IBC and how it can be used with real estate and business. Control and freedom in life come from focusi...

When the Powerball hits all-time highs, do you run and grab a few tickets with the hopes of "Maybe I'll get lucky this time"? It's fun to think about, but not a reality as the odds are never really in your favor. Conversely, it's not the most fun exercise to think about a certainty (dying) and what that might mean financially. Most don't talk about it or prepare for it. Did you know there are many...

Many people spend countless hours at jobs they dislike, however, it's where they likely spend the most time during their lives. Tom shares how getting your resources and assets to do as many jobs as possible will bring your great wealth. He demonstrates how an IBC policy with real estate can have your dollars do more than ten jobs with the same dollars. It's important to think of your assets diffe...

Regret is something that can keep you up at night. Tom listens as his client Michael Glatts talks about his history and transition from corporate America to start his own innovation business. He had to ask about Fear of Failure or Fear of Regret. He didn't want to have any regrets in his life. They talk about how empowerment requires you to take some risks and how people can find their passion and...

To turn negatives into positives - perception is everything. In any given situation, perception can cause you to go into fear or conversely, can be seen as a tremendous opportunity to grow and learn. From a financial perspective, the fear of the unknown can cause many to do nothing and thus miss out on potentially awesome opportunities. Tom shares his thoughts on fear vs empowerment and how can tu...

Joining Tom Today is Erika Baldino, a title expert who helps to protect a family's biggest asset - their house. They dive into why it's important to protect the past history of the asset as it exchanges ownership. You have to know what you own and protect your future and your foundation - just like a house. Erika shares about 1030 exchanges of real estate investments so you can defer the taxes on...

Tom shares how to look at good vs bad debt and how it can be used wisely to grow our wealth. Banks and other financial institutions do this, so why can't we? Many investors use their assets for collateral to borrow again. Get your dollars to do more than one job to help you towards ultimate freedom and control. Listen in to hear a different perspective on how borrowing money can accelerate your we...

In today's episode, Tom and Estate Planning expert Rick Randall chat about why some people don't get their estate plans put together and the myths around estate planning. They further discuss the power of trust to help ensure assets are passed efficiently to the next generation and how to reduce the costs of the probate so your family gets to keep more. The majority of people don't have an estate...

Today, Tom shares his journey into real estate investing through his own family bank. He talks about the progress and what he learned along the way. He focused on the fact it's about the journey, not the destination. Through his family bank, he had the immediate cash flow to get involved with an experienced investor. It took him getting to a level of comfort before he felt confident to begin inves...

In today's episode, Tom talks about something near and dear to his heart: Preparing our families for the final phases of life. How do we transfer wealth efficiently to the next generation? He talks about the fundamental concepts, building blocks, and key principles to begin your steps to creating generational wealth. Highlights How can you prepare your beneficiaries for the wealth that they'll rec...

In this last part of the "Wealth Beyond the Numbers" series, Tom focuses on what a positive mindset can do for you. He elaborates on the need to harness your own talents and how having the right mindset, the willingness to learn, and recognizing that encounters with others, can help benefit you and them. Tom ties all these things together in how it relates to your finances and control of your free...

Today in part 3 of "Wealth Beyond the Numbers," Tom talks about securing ultimate freedom and what it takes to get there. It starts with what was discussed in part one, owning the response and taking accountability. It's important to try and see the bigger picture. We all face challenges we can't always control. He describes how to get through obstacles in a logical fashion but also looks at them...

In part 2 of "Wealth Beyond the Numbers," Tom focuses on building self-awareness and creating a unique impact. He talks about the importance of discovering yourself with questions like - what drives you, what do you value, and what do you want to become? These help you determine what you need to do each day to achieve your goals and values. When it comes to finances - these questions will help you...

Joining today is Aaron Chapman, a seasoned loan originator joins Tom today to talk about the hardships that helped him get where he is today. They talk about optimized daily experiences that are sustainable and create confidence in people to help them move forward with real estate investing. Aaron believes IBC is the "holy grail" in creating wealth - the foundation for wealth that gives you option...

It's National Savings Day! In today's episode, Chris and Tom talk about the definition of saving vs investing, how banks operate, and different options for saving money (you guessed it - Whole Life Insurance). Chris shares some of the key benefits of how Whole Life Insurance could mimic what your bank account could do and then some. Listen to learn about maximizing efficiency and resources so you...

If you haven't heard the news, Tom's book is now available for purchase! Tom is excited to share in this four-part series, a chapter-by-chapter review of "Wealth Beyond the Numbers." In chapter 1, Tom focuses on owning your response and being accountable. Sometimes you have to take a step back and reflect on things - how are things going in our lives and being realistic and objective about it. Tom...

In today's episode, Tom is joined by Jeremy Kessler from Steel Breeze. With Jeremy's experience in accounting and tax, they discuss the unanticipated way the tax code is set up as a set of incentives AND how you can partner with the government to invest. Whether or not it's starting a business, investing in real estate, or even life insurance, don't sleep on what the IRS could do for you! Who's Th...

Who's The Guest? In this episode, Tom interviews Tammi Brannan, a celebrated motivational speaker, keynote speaker, and business owner who works with clients, including creators, seekers, and rebels who are thinking in unconventional ways. Tammi helps them to infuse that purpose into their careers and to live their lives more intentionally through her Blueprint Process program. Summary Joining tod...

In today's episode, Tom talks about saving vs investing and how they co-mingle in today's society. He references the book "Richest Man in Babylon" and the importance of paying yourself first. Tom explains strategies where your dollars can do so many different jobs at the same time. Tune in to learn about the different savings and investment accounts and what they can do for your dollars! Highlight...

Today, Tom is joined by the founder of 3D Money, Jeff Huston. Jeff started as a financial advisor and then moved into alternative investing. They discuss empowering their clients to take responsibility for their financial lives and how the government and wall street impact the decisions people make around their finances. Highlights How Jeff Huston started with 3D Money What "don't fight the fed" m...