The Biblical Wealth Podcast

In today's episode Jared explains how a recent client was able to use an alternative strategy to go from a 6% ROI to a 13% return on cash flow with no-risk using a HECM product.  Episode 49 on Reverse MortgagesAccess all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

If real estate investing creates less risk than the stock market, why does it require accredited investors?CORRECTION: Around 23:30 I should be saying Rule 506B; I failed to add the "B" as I was speaking.  Jared discusses this listener question which contains two major assumptions, i.e. 1) real estate investing is less risky and 2) I have to be accredited to invest in it.Jared explains the wide spectrum of real estate investing risk.  Jared then explains what it means to be an accredited investor and why whether accreditation is necessary is unrelated to the level of risk in the investment.Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Jared talks with Chris Grainger of The Lion Within Us about his side-business/ministry and how he is supplementing income for his family by offering Biblically-based financial and life coaching.  Chris has generously given my listeners free access to his Leadership for Christian Men Bible Study (normally $19.95) using the promo code: biblicalwealthAccess all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

In this follow up to last week's episode Jared answers some additional questions: - Can teens use gift money for this strategy?- Why is a Roth IRA better?- How to open a Roth IRA.- Where to invest.- What's next after implementing this strategy?Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Jared shares a strategy of how someone could use the time value of money and the power of compounding to fully fund their retirement in just five years!Jared also answers the question, "I’m 20 years old, debt free and I’m thinking about starting a Roth IRA.. what percentage of my check should I put in?"Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

I've had multiple families ask me in the last few weeks what they should do while the market is down.  And of course the answer depends on your situation.  In this episode I help you think through what is a good response for you to have during a time a market volatility and fear for many.I also hope that this season can be a learning experience and encourage you to begin thinking differently about your investment approach.   There are passive, accessible alternatives to the stock market that can provide cash flow today and even better long-term growth opportunities.   Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today I am talking with Stana Martin, a LTC specialist who has developed a niche helping people specifically with the claims filing process of using their LTC policies.   Stana has over 15 years of experience in the LTC space and found her company Mrs. LTC, Inc. in 2012 so she could focus on the helping families file claims.  She’s written two books around this topic, is an accomplished speaker, and has a great sense of humor as you’ll hear.  I know I talk a lot about LTC on this podcast, but it is definitely in the top 3 financial risks during retirement.  I’m convinced that inflation is number one and I’m really not sure whether stock market risks or LTC risks pose the second biggest threat, but either way, this is a really important topic.Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

In this episode I answer a question from someone who retired ten years ago at 45, but is now struggling to handle increasing expenses and a market downturn affecting her investment income.  This question provides a valuable lesson about the impact of market volatility during a time we're "living off investments".  Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

In today's episode Jared Williams is being interviewed by Mike Hatch and Chris Bolinger on the Empowered Manhood Podcast.  Jared shares about his spiritual development, many failures along the way, and how God has always been faithful. Jared answers why the majority of financial advisors follow the typical approach and only offer managed mutual funds and/or annuities as retirement solutions.  Jared discuss how he vets private investments his clients may invest in.Finally, discusses how he developed the Compounding Cash Flow strategy to solve the two greatest retirement risks of inflation and the stock market.  Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

In today's episode I talk with LTC specialist, Linda Caruthers, to talk about a recent state-mandated long term care tax program that was recently enacted in WA state and how this will likely affect all of in the upcoming years.  Linda talks about the problems that have been created by the program and what you can do to opt out of a similar tax mandate in your state.  Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today's Questions:1) We have a family run business and my teenage daughters are earning paychecks from the business. Right now they are contributing to a simpleIRA plan set up through Northwest Mutual with a 3% match from the business. My question is, is there a better place for 15 and 17 year olds to save their money. These contributions are made pre-tax so I'm a little worried about their tax liability down the road. Any help would be appreciated! 2) I have a question about Term Life Insurance. I am getting ready to retire (I’m 55), but my husband will continue to work for at least 10 years (he is 42). We will be living off his salary until he retires.  We have around $500k invested in 401ks, Roth IRAs and brokerage accounts. Good emergency fund. No debt. Paid off house. He will continue to put at least $3000 a month into investments until he retires. We live very frugally, but do take one nice vacation every year. I am concerned that something could happen to him while we are still living on his salary. My grandfather and father died very young, and their wives were left with almost nothing, so I feel like it’s a valid concern for me.  Do you think Term Life insurance is something we should look at, for maybe a 10 year policy? 3) What are your thoughts on living off dividends with about $1.5M at age 56? Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today I interview Danny Cole of Spartan Invest to ask how appreciation and rising interest rates are affecting turnkey residential real estate investors.  We discuss how certain markets will likely fare better long-term than others, how mortgage rates - while higher - are still cheap, efficient money especially for long term investors, and how residential real estate is still a great hedge against protection.  I even drop in a few nuggets to help investors find higher CoC properties when comparing.  To contact Spartan Invest and learn more about investing with them visit biblicalwealthsolutions.com/spartan-investAccess all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today's Questions1) For young people that don’t have a large portfolio, how do they find multifamily or other syndications that they would be allowed to invest in? The ones I keep finding, require that the investor be accredited.2) Am I missing something? Where I live a nice 2 bed, 1 bath house rents for 850 to 950. OK so 20% down on a 85,000 house with 2b,1b would be 17,000. After buying 8 of these houses or 135,000 worth of 20% down payments , I'd receive 3,600 per year, per house or 28,800 per year in profit. This goal seems highly attainable to me, am I missing something.  I could live very comfortably off 22k to 28k. 3) I’m 58 years old, no debt, SS and pension in four years. I want to quit my job this year and I need a bridge to 62. Don’t want to touch investments until 62. That’s why I have now 160k totally (budget of 40k each year for four years) in savings accounts. Losing value due to inflation, but no risk of a stock market crash.  Is there something better that I can do with 160k, when I can’t take a risk during the four years when I use this money, between 2022-2026?Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Jared talks with Lisa Isbell, owner of Senior Care Authority of Central Virginia, about how adult children can best help their aging parents find care.  Lisa gives great about what really matters most when it comes to finding living and care options for seniors and cautions adult children to not be drawn in by certain bells and whistles. Lisa explains how her company is able to help families nationwide find the best care facilities without a cost to families.  To connect with Lisa go to www.seniorcare-richmond.comAccess all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today's Questions1) What should I do with my money in my employer’s 401k now that I’m retired? 2) Should I pull out home equity to invest or invest the monthly mortgage payments?3) When is 8% CoC way better than 12% CoC?Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today I'm talking with Jean Burk about how her program helps student significantly increase their SAT, ACT, and other exam scores and how this can help them get full ride scholarships to not only undergraduate, but graduate, law, medical and other post graduate schools.  Author Jean Burk is a homeschooling mother and creator of the revolutionary and award-winning College Prep Genius curriculum which has helped thousands of high school students prepare for the SAT, ACT, and other exams.   Jean currently travels across the US speaking about how to go to college for FREE!Learn more and get College Prep Genius program here.  Finally Jean is hosting a free virtual conference - Parent Prep University - May 2-6 2022.  You can register for that event here.Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

In this week's episode I'm joined by Ryley Smith at Ryley Smith Wealth Strategies with whom I often partner for 1-1 coaching of people in their working years and for life insurance.  Together we are answering the question "What's the real ROI of my 401k match?"  Ryley shares one concrete principle when it comes to having the maximum efficiency of a 401k match.   You can watch the video recording of our conversation here.Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

This Week's Questions: 1) I'm trying to cut expenses as much as possible.  I was looking through my auto insurance policy and it seems like I heard that a person doesn’t have to have Uninsured or Underinsured motorists on the policy.  Do you know if that is true or not? Also we have a 2012 dodge van.   It looks like our policy has auto collision insurance for 67.17 with a $1000 deductible.  In addition to the regular premium.  Under limits It has Actual Cash Value.    Is this necessary to have?  The vans not worth much over the $1000 deductible probably.  It’s in bad shape but we are driving it until it quits. - Sandy 2) I work a contract job and they offer a 401k and Roth 401k, there is NO matching. Which 401k should I put money in from my paycheck?3) What's the difference between a self-directed IRA (SD-IRA) and a Solo 401k?Resources Mentioned:Ep 55: What Insurance Do I Need and What's a Waste?Ep 20:  You've Never Met a Home & Auto Insurance Agent Like This - with Darron MillerAccess all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

In today's episode I'm answer: 1) What is the FIRE movement? 2) Should I refi from a 30 year to 20 year mortgage?3) What is a mutual life insurance company and does it matter what kind of life insurance company I use?Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared 

Today's Questions:1) I live in a high COL area and as a result, I don’t think local real estate will be part of my investment strategy (400k-500k base prices are standard). Buying real estate outside of my state (or on the opposite side of our same state) seems complex and I’d have to hire a management company plus there may be out of state taxes…any suggestions for different ways to invest other than stocks, bonds, ETFs, and index funds? Or tips for real estate investment for people in a high COL area?    Learn more about turnkey investing here: https://biblicalwealthsolutions.com/turnkey-investing/2) Curious... If you had $500,000 in equity in your primary residence...what would YOU do with it?3) I’m just not able to invest big amounts of money into the stock markets because of ups and downs but I feel more comfortable with real estate for some reason. I’m 41 and completely debt free. I’m almost a millionaire and will be before the age of 45. I’m really considering buying an apartment complex let’s say for a million with 20 percent down payment. Where should i start?Access all the links and resources from the Biblical Wealth Podcast by visiting https://biblicalwealthsolutions.com/resource-form/Sign up for a free Biblical Wealth Coaching call by visitingwww.biblicalwealthsolutions.com/freecall Discover how Compounding Cash Flow™ can help you beat inflation without the stock market risks.  Access the video at https://biblicalwealthsolutions.com/video/ Submit your questions to www.biblicalwealthsolutions.com/askjared