Wade Borth - Sage Wealth Strategy

Summary  In part two, Todd shares the essential ideas he believes every advisor and client should understand: the difference between savings and investments, why life insurance belongs in the "certainty asset" category, how cash protects against both gray and black swan events, and why net worth isn't the real target—cash flow and distribution are. The trio explores asset sequence, liquidity, and why small strategic changes over time outperform "swinging for the fences." If you want to advise more effectively, make smarter financial decisions, or reshape how you think about money and risk, this episode is the place to start.   Episode Highlights 00:00:14 - Conversation with Todd Langford. 00:02:00 - Investment vs. Savings. 00:04:54 - Certainty in Financial Strategies. 00:06:46 - Black Swan and Grey Swan Events. 00:10:39 - Importance of Distribution Phase. 00:13:32 - Growth at the Edge of the Coin. 00:15:31 - Casino Success vs. Financial Reality. 00:11:00 - Savings vs. Rate of Return.   Episode Resources sagewealthstrategy.com About Todd And The Financial Software Guest Name Todd LangfordGuest Emailtlangford@truthconcepts.com Additional guest  David Zapata davidzapata@factumfinancial.com   Keywords Wade Borth podcast   financial clarity   financial life   Todd Langford   industry insights   learner's mentality   whole life insurance   investment vs. savings   certainty vs. uncertainty   real estate market   stock market   asset integration   financial strategy   distribution phase   net worth vs. cashflow   financial advisors   black swan events   gray swan events   financial risk management   liquidity   rate of return   financial planning   Robert Kiyosaki   financial decisions   financial growth   strategic plan   financial journey  

Summary  In part one of this three-part conversation, Wade Borth sits down with Todd Langford and David Zapata — two thinkers who have been reshaping how advisors and clients approach money. Together they break down why most financial decisions are emotional rather than mathematical, why small behavioral shifts create massive compounding effects over time, and why understanding your relationship with money is foundational. From cars to Amazon purchases, to becoming the "director in your own movie," this episode shows how certainty and clarity begin with awareness, not complexity.   Episode Highlights 00:01:14 - Introduction of Todd Langford and Truth Concepts. 00:02:22 - Decision-making: Emotional vs. Mathematical. 00:03:00 - The financial impact of frequent car buying. 00:05:00 - Understanding long-term impact of decisions. 00:06:05 - The power of integrated strategies. 00:08:56 - Importance of client-centered financial advice. 00:10:09 - Emotional importance in financial decisions. 00:12:57 - Advisors' role in personalized financial planning. 00:15:34 - Small changes, big impacts: The power of compounding. 00:19:27 - Inflation awareness in financial planning. 00:21:22 - Visualization challenges in financial goals. 00:22:45 - Clients' difficulty in self-imagining future wealth. 00:24:59 - Encouragement to take control of personal finances. 00:26:18 - Conclusion and teaser for upcoming episodes.   Episode Resources sagewealthstrategy.com About Todd And The Financial Software Todd Langford tlangford@truthconcepts.com David Zapata davidzapata@factumfinancial.com   Keywords Wade Borth Podcast financial freedom Truth Concepts industry insights decision-making process emotional decisions financial strategies long-term impact financial tools software calculations financial advisors client relationships personal finance incremental changes life planning maximum potential calculator retirement planning inflation impact financial habits director in your own movie small shifts  

Summary  In this episode, Wade breaks down the numbers behind America's growing retirement crisis and why so many families struggle to build meaningful retirement accounts. Instead of simply blaming market volatility or lack of discipline, he explores deeper causes—from generational inheritance expectations to the hesitation younger savers have about locking money away for 30+ years in traditional tax-qualified plans. Wade also challenges the conventional definition of "retirement," arguing that true financial freedom comes from passive income, control, and liquidity—not hitting a magic age. He outlines alternative strategies for building long-term certainty, including using properly structured whole life insurance as a savings environment, a legacy transfer tool, and a way to maintain financial privacy and control. If you're rethinking what retirement should actually look like, this episode offers a refreshing framework and a more strategic path forward.   Episode Highlights 00:00:25 - Retirement crisis: Americans' shocking savings. 00:01:09 - Passive income vs. traditional retirement. 00:02:07 - Running towards fulfillment, not away from work. 00:03:35 - Strategic planning for inheritance and wealth transfer. 00:05:05 - Conversation on financial legacy with life insurance. 00:06:11 - Hesitation of younger generations to lock money away. 00:08:04 - Alternatives to traditional retirement savings vehicles. 00:09:05 - Scary statistics on Americans' retirement savings. 00:10:08 - Saving 10-30%: Importance and alternatives. 00:11:14 - Whole life insurance as a strategic financial tool.   Episode Resources sagewealthstrategy.com https://theinsboss.com/ https://www.youtube.com/watch?v=mqFjV_yhiO4   Keywords Wade Borth podcast   financial freedom   American retirement crisis   passive income   financial abundance   life insurance   inheritance planning   tax-free benefits   retirement vehicles   retirement savings   savings vehicles   investment plans   401k   alternative investments   whole life insurance   financial planning strategies   retirement benchmarks   income growth   financial independence   risk tolerance   certainty in investments   strategic saving  

Summary  In part two of this conversation, Wade and Suzanne White pull back the curtain on how commercial property and casualty insurance actually works behind the scenes. They explore premium financing, non-standard policies, minimum earned premiums, and the hidden costs many business owners unknowingly accept just to stay insured. Suzanne explains how a lack of liquidity forces reactive decisions, while intentional cash strategy creates flexibility, leverage, and control. This episode bridges commercial insurance planning with smarter capital management and Infinite Banking principles, showing how business owners can reduce friction, improve efficiency, and stop leaking dollars over time. If you want a clearer understanding of how insurance, liquidity, and long-term wealth strategy work together, this episode delivers the practical insight.  Episode Highlights 00:00:38 - Impact of COVID on businesses. 00:02:12 - Insurance challenges during COVID pandemic. 00:04:50 - Holistic approach to client financial strategies. 00:07:04 - Introduction to Boss Financial Group. 00:07:52 - Unique offering: Financial Foursquare system. 00:08:52 - Clarity and communication build trust. 00:09:31 - Importance of financial education. 00:10:32 - Leveraging team expertise for freedom. 00:12:54 - Role of comprehensive business valuation. 00:15:11-  Distinguishing price from value in insurance.   Episode Resources sagewealthstrategy.com https://theinsboss.com/ https://www.youtube.com/watch?v=mqFjV_yhiO4   Keywords Wade Borth podcast   financial partners   collaboration   Suzanne White   financial team   multiple use of dollars   COVID impact   business preparedness   insurance coverage   SBA links   financial planning   property and casualty   nonprofits   Financial Foursquare   business owner solution strategies   BOSS Financial Group   asset protection   business valuation   leverage   advisor expertise   commission-based services   commercial property and casualty   relationship business   financial clarity   business legacy   trust in advisors  

Summary  In this episode, Wade sits down with Suzanne White to uncover one of the most overlooked pillars of financial protection for business owners: commercial property and casualty insurance. Together, they explore why P&C is often treated as a checkbox instead of a strategic foundation, how COVID exposed dangerous gaps in liquidity, and why siloed advisors leave business owners vulnerable. This conversation sets the stage for a more holistic approach to wealth, risk, and leadership—where liquidity creates opportunity instead of chaos and coordinated planning replaces fragmented advice. If you want to understand why protection, cash flow, and advisory alignment matter before a crisis hits, this episode will reshape how you think about your financial foundation.   Episode Highlights 00:00:06 - Introduction to Suzanne White. 00:01:15 - Entering the insurance industry. 00:05:00 - Creating a holistic client approach. 00:06:35 - Lessons learned from COVID. 00:07:50 - The importance of liquidity. 00:09:20 - Building a collaborative financial team. 00:13:32 - Understanding premium financing. 00:16:30 - Different policies in property & casualty insurance. 00:20:56 - Premium financing costs. 00:24:00 - Reducing insurance costs through a holistic strategy. 00:27:20 - Unseen costs in small business policies. 00:29:59 - Utilizing a super application for efficiency. 00:32:15 - Keeping insurance policies updated with business growth. 00:36:40 - The importance of focusing on your expertise. 00:38:30 - Empowerment through collaboration. 00:41:11 - Final invitation to future conversations.   Episode Resources sagewealthstrategy.com https://theinsboss.com/ https://www.youtube.com/watch?v=mqFjV_yhiO4   Keywords Wade Borth podcast   smart ideas   new opportunities   money   life on your terms   Suzanne White   Brent White   property and casualty insurance   business property and casualty insurance   commercial insurance   infinite banking   whole life insurance   financial realm   holistic client care   business owner advisors   liquidity   COVID   financial Pyramid   team   premium finance   interest rates   standard policy   non-standard policy   Lloyds of London   commercial insurance premiums   self-insuring   deductibles   insurance claims   financial advisors   super application   risk management   exit strategy   business growth   insurance agents  

Summary  In this episode of the Wade Borth Podcast, Wade and guest Kira discuss the emotional and financial journey of parents as they transition to empty nester life with a child in college. Gain insightful perspectives on balance, independence, and financial wisdom—essential for every parent facing this stage. Don't miss Kira's unique insights and Wade's seasoned guidance!   Episode Highlights 00:00:12 - Launch of Kira's Consumer Corner 00:00:25 - Discussion on Empty Nest Syndrome 00:01:09 - Importance of Interdependence 00:02:02 - Parenting an Only Child 00:05:11 - Emotional Shift: Empty Nester Challenges 00:06:07 - Financial Interdependence with College-Aged Children 00:08:08 - Balancing Protection and Independence 00:10:17- Abundance in All Aspects of Life 00:12:32 - Building a Strong Foundation for Independence   Episode Resources https://podcasts.apple.com/us/podcast/wade-borth-sage-wealth-strategy/id1515358066  https://www.sagewealthstrategy.com/podcasts/    Keywords Wade Borth Podcast   financial life   Kira's Consumer Corner   college   freshman year   empty nesters   interdependence   family dynamics   financial preparedness   policy loan   life lessons   digital safety   abundance   Five Areas   parenting   resilience   empowerment   foundation  

In this "Best of 2025" episode of the Wade Borth Podcast, explore transformative insights on building personal banking systems, the security of life insurance, and a real client's inspiring Infinite Banking Concept (IBC) journey. A highlight is guest Nate Scott's enlightening perspective on infinite banking stages. Essential listening for anyone seeking to redefine financial freedom and legacy building. Episode Highlights 01:09 - Understanding Infinite Banking 03:00 - Four Stages of Whole Life Insurance 05:00 - Importance of Being a Saver 06:07 - The Financial Pressure of Being Asset Rich, Cash Poor 08:00 - Taking Control of Debt 09:56 - Wealth Acceleration and Investment Strategies 12:09 - Managing Risk in Whole Life Policies 13:34 - Institutional Level Management with Life Policies 15:50 - Managing for Death Certainty and Economic Changes 18:49 - The Legacy and Future Currency Transactions 22:00 - The Problem of Not Having Enough Money Saved 25:19 - Transitioning to Being a True Wealth Creator 28:23 - Becoming the Money Lender 33:05 - Significance of Financial Legacy and Education 37:09 - Solving the Central Problem of Access to Capital Episode Resources https://podcasts.apple.com/us/podcast/wade-borth-sage-wealth-strategy/id1515358066  https://www.sagewealthstrategy.com/podcasts/   

In today's, Wade explores the idea that what got you here won't get you where you want to go. He breaks down why rethinking your thinking is essential for growth and how "arrival syndrome" can quietly hold you back. Wade also touches on leading yourself in the Five Areas of Life, letting go of what no longer serves you, and building the right team to support your goals. A short but powerful reminder to pause, reflect, and step into who you need to become next. Episode Highlights 01:50 - Coaching perspective on growth and success. 02:18 - Five areas of life for holistic abundance. 03:34 - Leadership in personal and professional areas. 04:39 - Revisiting the "Arrival Syndrome." 05:32 - The mountain climbing analogy. 07:01 - The importance of continuous growth. 08:22 - Growth requires subtraction. 09:23 - Letting go for future potential. 10:52 - The potential of working less for more results. 12:26 - Achieving clarity for business growth. 13:51 - The importance of delegation. 15:05 - Intensive focus vs. consistent systems. 18:56 - Identity and skill set growth. 22:00 - The concept of a Wealth Team. 24:23 - Building and using frameworks. 26:27 - Empowering personal and professional growth. Episode Resources sagewealthstrategy.com   

In this episode, Wade breaks down how "financial sewer backups"—market downturns, emergencies, recessions, and income loss—can blindside families and business owners. He explains why liquidity, cash reserves, and intentional planning are the key to surviving financial crises, protecting your wealth, and finding opportunities when others panic. If you want a practical, no-nonsense guide to building financial resilience and staying secure in uncertain times, this conversation is packed with real-world insight. Episode Highlights 03:01 - Panic and urgency in a crisis. 04:39 - Financial "sewer backup" metaphor. 05:33 - Preparedness in financial adversity. 05:56 - Importance of cash liquidity. 06:38 - Creating financial buffers. 09:57 - Calculating daily expenses and liquidity. 10:27 - Reassessing personal financial security. 11:30 - Building adequate financial reserves. 12:36 - Surviving financial stress events. 13:12 - Opportunities amidst financial crises. Episode Resources sagewealthstrategy.com

In another consumer corner episode, Wade is joined again by Kira Nyland to dive into the buzz around the proposed 50-year mortgage and what it reveals about America's growing debt mindset. They break down how ultra-long mortgages can quietly extend financial bondage, why most consumers only see the "low payment" and not the true cost, and how thinking like a banker—not just a borrower—can change everything. Wade contrasts the typical consumer approach with strategies rooted in Infinite Banking, whole life insurance, and intentional cash flow, encouraging listeners to treat their money as sacred, question clickbait headlines, and make mortgage decisions that actually serve their long-term financial freedom. Episode Highlights 00:47 - Discussing the 50-year mortgage trend 01:22 - Kira's initial reaction to the 50-year mortgage concept 03:56 - Mechanics and implications of a 50-year mortgage 05:00 - Interest rates comparison between 15, 30, and 50-year mortgages 05:19 - Consideration of earning potential versus mortgage interest rates 07:16 - Average age of first-time homebuyers and long mortgage terms 09:48 - Impact of extended mortgage terms on overall cost 14:43 -The importance of financial education and awareness 16:50 - Family banking and teaching financial responsibility 22:00 - The value of time and financial decision-making Episode Resources sagewealthstrategy.com  The Truth about 15 vs 30 Year Mortgages: Total Cost: https://www.loom.com/share/8b6e261950dc466c9e81b562fcedc96f  The Truth about 15 vs 30 Year Mortgages: Additional Factors: https://www.loom.com/share/36baa22d201344f49a709894ed03144b  The Infinite Banking Implementation of 15 vs 30 Year Mortgages: https://www.loom.com/share/d18eaac393ff43fb8c85b9cb51a39adc   

In this episode of The Wade Borth Podcast, Wade breaks down the recent headlines about NASCAR driver Kyle Busch allegedly losing $8.5 million in an Indexed Universal Life (IUL) scheme—and why stories like this create so much confusion about life insurance. Wade explains the likely factors behind the situation, including premium financing and unrealistic illustrations, and clarifies why IUL shifts risk back to the client while dividend-paying whole life insurance operates on guarantees, transparency, and long-term stability. Instead of letting one bad actor or bad tool tarnish the entire industry, Wade uses this moment to highlight the critical differences between IUL and whole life, the importance of understanding risk, and why whole life remains the most reliable foundation for financial security. Episode Highlights 03:03 - Index Universal Life (IUL) concerns. 05:50 - Universal life risks to clients. 07:11 - Whole life vs. Universal life. 10:54 - Value of guarantees in whole life. 13:04 - Transferring risk to policyholders. 15:39 - Whole life as a liquidity contract. 19:21 - Industry skepticism and bad actors. Episode Resources   sagewealthstrategy.com   

In this episode: Wade walks through Business Banker (treating capital like a business, routing more cash flow through policies, and demanding payback with interest) and Infinite Banker (a closed family banking ecosystem where money consistently flows through your policies across generations). Expect practical criteria for loans, deal flow, and protecting liquidity while you invest. Tune in to see how disciplined policy use becomes a system—so your family controls the money game, not the banks. Episode Highlights 00:47 - Overview of podcast stages: business banking and infinite banking. 01:28 - Definition of a business banker and control over finances. 02:26 - Mindset shift: Premiums as investments, not expenses. 03:04 - Redirecting cash flow: Benefits and privacy of policies. 08:12 - Hard money lending and expanding banking systems. 10:02 - Key components of wealth building and financial conversations. 11:20 - Treating money transactions like a business. 13:02 - Infinite banking mindset and the closed financial ecosystem. 15:52 - Interdependence and family financial ecosystems. Episode Resources sagewealthstrategy.com 

In this episode: Wade breaks down the first two stages of owning whole life: Saver (building a safe, liquid foundation and tightening your relationship with money) and Wealth Builder (shifting premiums from "expense" to "opportunity," paying down the right debts, and funding opportunities without sacrificing liquidity). You'll hear how Tough Money habits, cash-flow redirection, and a clear "days of liquidity" target create real control—not just theory. Tune in to learn how to move from storing cash to putting it to work—on your terms. Episode Highlights 01:04 - Exploring the four stages of whole life insurance. 04:43 - The misconception of doing infinite banking. 05:35 - Stages from saver to infinite banker. 07:59 - Building a strong financial foundation. 09:17 - Misclassification of life insurance as liquidity. 13:56 - Whole life insurance as a secure investment. 16:50 - Transitioning from saver to wealth builder. 18:27 - Strategic debt elimination. 21:17 - Importance of increasing cash flow. Episode Resources sagewealthstrategy.com   

Welcome to a new episode of the Wade Borth podcast, focusing on "Consumer Corner" where we answer common questions that come across Wade's desk by clients.  In this episode, Wade is joined by his assistant Kira Nyland to go through questions regarding Term Insurance and if it's a better fit than Whole Life.  If you're stuck between which type of policy might be the best option, this episode is for you! Episode Highlights 03:38 - The role of informed decision-making in finance. 05:15 - Debunking common financial myths. 07:53 - Exploring the debate: Term vs. Whole Life Insurance. 10:07 - The misperception of term insurance costs. 13:39 - Actuarial data and term insurance claims. 15:54 Insurance company strategies on premium pricing. 18:08 - Legacy planning limitations with term insurance. 21:24 - Understanding the value vs. cost in insurance. 23:27 - An analogy: Cost vs. value of financial decisions. 24:37 - Encouragement to seek diverse financial education.   Links and Resources sagewealthstrategy.com The 8 Benefits Part 1 - https://youtu.be/ld1M73GAURY The 8 Benefits Part 2 - https://youtu.be/u7AVa-4SdAc  

Wade sits down with Dallas-based advisor Brent White to unpack why most financial advice fails business owners—and what a team-based, "family office" approach can do instead. From Infinite Banking and cash-flow efficiency to avoiding siloed planning (hello, audits and missing 401(k) bonds), Wade and Brent share real-world tactics to build resilient companies, create liquidity, and make the same dollar do multiple jobs—with an abundance mindset and a servant's heart. Tune in to hear how thinking differently about your business—and surrounding yourself with the right team—can help you build lasting wealth, reduce risk, and keep your money in motion for generations to come.   Episode Highlights 02:15 - Rethinking the banking system. 06:40 - Financial awakening through experience. 11:25 - The "Mount Everest" approach to business. 16:50 - Efficiency over growth. 22:10 - The danger of doing business "like everyone else". 27:30 - Money in motion creates wealth. 32:05 - The power of team specialization. 41:10 - It's not about debt—it's about strategy. 45:20 - Education is empowerment   Episode Resources:  sagewealthstrategy.com https://www.sagewealthstrategy.com/planning-beyond-retirement-with-kent-kraiter/  Connect with Brent White bossfinancialgrp.com Brent@theinsboss.com

Today, Wade sits down with returning guest and former military member Kent Kraiter to discuss the realities of retirement planning for those who serve. Drawing from his own military career and master's research on retirement strategies in the U.S., Kent shares insights on how service members can better prepare for their financial future—long before retirement hits. Together, they unpack the complexities of military and federal benefits, survivor plans, and how to take control through education and alternative strategies like properly structured whole life insurance. Whether you're two years or ten years away from retirement, this episode will help you think differently about how to protect your family, maximize your benefits, and take ownership of your financial future.   Episode Highlights 00:54 - Military retirement strategies: Serving those who serve. 02:00 - Common misconceptions about retirement planning. 03:03 - Transition assistance programs in the military. 05:00 - Key factors in military retirement decisions. 06:50 - Survivor Benefit Plan (SBP) overview and cost. 09:50 - Survivor Benefit Plan: Impact on surviving spouse. 11:30 - Comparing SBP with private insurance options. 14:30 - Importance of planning and control over benefits. 15:59 - Break-even point for whole life policy vs. SBP.   Episode Resources:  sagewealthstrategy.com https://www.sagewealthstrategy.com/planning-beyond-retirement-with-kent-kraiter/  Connect with Kent Kraiter kent.kraiter@factumfinancial.com 

In this episode of The Wade Borth Podcast, we rethink what retirement should really look like. Wade digs into the common "save, save, save" approach with 401(k)s and why accumulation alone is not enough. He explores the importance of a clear distribution plan, how fear of running out of money holds retirees back, and strategies to create guaranteed, reliable income for life. If you want to retire with confidence — not scarcity — and enjoy the freedom you've worked so hard for, this conversation is for you. Episode Highlights 00:18 - Challenging Conventional 401k Thinking 03:58 - The Importance of Distribution Planning 06:45 - Retirement Fears: Running Out of Money vs. Death 09:25 - Exploring Higher Distribution Rates 10:01 - Guarantees in Retirement Planning 12:15 - Stages of Retirement Spending 14:20 - The Value of Lifetime Income 15:48 - Planning for Legacy and Education 17:29 - Intentionality in Retirement Planning 20:31 -Abundant Living vs. Scarcity Mindset in Retirement 21:56 - Ensuring Retirement Certainty and Abundance   Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/  wade@sagewealthstrategy.com https://factumwebinar.com/replay   

In this episode of the Wade Borth Podcast, Wade explores why so many families lose their wealth within just a few generations and what can be done to stop the cycle. Using real-life examples from farming families and well-known legacies like the Vanderbilts and Rockefellers, Wade dives into the critical role of education, communication, and intentional planning in preserving generational wealth. He highlights the importance of family banking, setting standards for stewardship, and creating systems that help future generations understand, respect, and grow the legacy they inherit. Episode Highlights 01:01 - Education over money for generational success. 01:15 - The Vanderbilt wealth decline. 01:48 - Rockefeller vs. Vanderbilt comparison. 02:33 - Importance of education in farming families. 03:23 - Third generation observation gap. 04:18 - Educating future generations. 05:39 - Educated stewardship vs. poor stewardship. 06:41 - Passing knowledge and understanding. 07:36 - Family banking business concept. 08:04 - Success indicators beyond money. 09:03 - Intentional planning and legacy systems. 10:02 - Building a family financial education system.   Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/  wade@sagewealthstrategy.com

In this heartfelt episode of the Wade Borth Podcast, Wade shares why life insurance is one of the most powerful and misunderstood financial tools available. Drawing on 35 years of experience—and his own personal story—he explains how life insurance provides guaranteed liquidity, removes financial pressure during life's most difficult moments, and allows families and businesses to move forward with certainty. Wade discusses why he believes life insurance is ultimately a contract of love, how it protects your legacy, and why education and planning are key to making sure your family is financially secure when it matters most.   Episode Highlights 00:34 - Life insurance and mortality. 01:09 - Value of life insurance. 02:00 - Companies' approach at death. 03:10 - Providing liquidity at death. 03:51 - Financial relief during grief. 05:50 - Stability through life insurance. 06:10 - Life insurance industry funding. 07:10 - The mutual company advantage. 08:55 - Life insurance as managed assets. 10:00 - Planning for unpredictable events. 11:55 - Personal experience: Father's death. 12:53 - Importance of proper planning. 13:43 - Impact of insufficient coverage. 15:23 - Importance of discussing needs.   Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/  wade@sagewealthstrategy.com  

In this episode of the Wade Borth Podcast, Wade welcomes Michael Hession, fellow Nelson IBC practitioner, to share his personal journey into Infinite Banking. From running a marine canvas shop to experiencing the financial crash of 2008, Michael's story highlights the importance of building a strong foundation and controlling the banking function in your life. Together, Wade and Michael explore how Infinite Banking creates peace of mind, financial resilience, and the ability to turn debt into wealth for generations.   Episode Highlights [03:54] Understanding the significance of Infinite Banking Concept (IBC).   [07:23] Michael's early career and business journey.   [10:31] The impact of the 2008 financial crisis on Michael's finances.   [12:44] Transitioning to financial services post-bankruptcy.   [15:37] Discovering IBC and leaving the traditional financial industry.   [19:14] Empowering people through financial education and IBC.   [22:49] Importance of building financial foundations and saving habits.   [25:09] The misconception around rates of return versus peace of mind.   [30:39] The legacy potential of family banking systems.   [36:56] Liquidity and life insurance in business continuity.   [42:15] Discussion on the purpose and value of whole life insurance.   Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/  wade@sagewealthstrategy.com