Wealth Without Bay Street

Wealth Without Bay Street 214: Replacing Your Salary with Real Estate Ready to revolutionize your financial future with time-tested strategies? In this episode, we discuss the power of sustainable financial growth through real estate and the Infinite Banking Concept with Donny Mangos, a wealth strategist and real estate aficionado. Discover how Donny has transformed his approach to wealth creation and how these strategies can be seamlessly integrated into your life for long-term financial independence and success. Tune in and make your money work smarter, not harder! ▶️ Replacing Your Salary with Real Estate Key Points: 00:00 Introduction 02:55 The infinite […]

Wealth Without Bay Street 213:  What Problem Does Infinite Banking Solve? Eager to uncover the silent culprit behind financial constraints?   In this episode, we delve into the core of what Infinite Banking aims to solve, with our special guest, Dan Allen. We're peeling back the layers of the financial hurdles that families, entrepreneurs, and business owners face. Rethinking your financial strategies can lead to greater independence and control over your wealth.   Tune in and discover how to turn financial challenges into opportunities with Infinite Banking.   ▶️ What Problem Does Infinite Banking Solve?   Key Points: 00:36 Introduction […]

Wealth Without Bay Street 212: The Go Giver Mindset With Bob Burg and Sarbloh Gill Are you ready to transform your approach to success and financial independence? In this episode, we dive deep into the Go-Giver Mindset with best-selling author and renowned speaker, Bob Burg. Discover the transformative power of giving more in value than you take in payment. Whether you're an entrepreneur, a leader, or someone exploring the Infinite Banking Concept, this dialogue is your gateway to redefining success. Tune in and we’ll guide you to a world where giving is the ultimate key to receiving. ▶️ The Go […]

Wealth Without Bay Street 211: Wealth Creation Through Real Estate   Wondering how to turn real estate into real wealth? In this episode, we unravel the secrets of wealth creation through real estate with Meghan Hubner, a seasoned independent consultant dedicated to guiding established businesses on their journey to sustainable growth. Meghan shares her transition from the healthcare industry to real estate consulting, offering unique insights into the challenges and opportunities within the real estate market. Discover the critical link between solid business foundations and successful real estate investing. Tune in to guide you through the maze of real estate […]

Wealth Without Bay Street 210: Upgrading Your Wealth By Upgrading Your Health   Can upgrading your health be the secret to boosting your wealth? In this episode, we're diving into the powerful link between your health and financial success. Joined by Barton Scott, Founder and CEO of Upgradedformulas.com, we explore how innovative health solutions can lay the groundwork for financial prosperity, especially for those intrigued by the Infinite Banking Concept. Discover the transformative potential of stabilized nano minerals and how they can amplify your journey toward financial independence. Tune in and learn how small, consistent steps in wellness can lead […]

Wealth Without Bay Street 209: Buying a House with the Infinite Banking Concept In today's Client Series episode, we have the pleasure of welcoming Adam Marshall to our show. With an impressive track record as a Hall of Fame and Lifetime Achievement awardee for Re/Max in Ontario, his expertise in the real estate industry spans over two decades. From countless houses sold to every type of transaction imaginable, Adam has truly seen it all.  He openly expresses his early reservations about life insurance in general. Being a firm believer in the philosophy of “Buy Term and Invest the Difference,” it […]

Wealth Without Bay Street 208: Infinite Banking Nuances and Your Behavior The insurance industry still suffers from a negative reputation due to the turn-and-burn method of selling. Instead of prioritizing service, salespeople focus solely on meeting goals and earning commissions. Understanding the importance of a professional advisory relationship is the key to building a long-lasting plan that will support you throughout your entire life.  Ryan Griggs, the founder and principal advisor of Griggs Capital Strategies, discusses the nuances of purchasing whole life insurance. He emphasizes the importance of being cautious when receiving shallow advice and truly understanding the significance of […]

Wealth Without Bay Street 207: Tax Reporting Rules That Suck! Watch Out For Trusts!   Are you involved in a bare trust arrangement? Currently, we are at the one-year mark since Bill C-32 was enacted. This means that we are now entering the first tax reporting season under this law, covering an entire tax year. This bill, which initially seemed harmless, will potentially cause some unexpected issues. So, what does this mean for the average Canadian consumer? If you want to stay ahead and understand the impact on your financial life, tune in – we've got all the details you […]

Wealth Without Bay Street 206: Finding the Perfect Storm in Real Estate Investing   If you have ever tried to start, grow, and expand a Real Estate portfolio, you have likely realized that it is not as easy as you want it to be. Real Estate entrepreneur Russell Westcott shares tales from the trenches of his 25 years as an investor and capital raiser.  One of the most valuable lessons he has learned is to be unafraid of trying and to put aside your ego when mistakes, even catastrophic ones, occur. Failing should never be considered a life sentence—it only […]

Wealth Without Bay Street 205: Next Level Income with the Investment Optimizer Want to learn the secret to creating a high-performing opportunity fund capable of transacting over $1 billion in real estate? Look no further because we have Chris Larsen, the expert who has accomplished just that!  At a young age of 21, Chris began his real estate journey by acquiring his first rental property. Since then, he has retired from his medical career to focus on coaching others and helping them maximize their real estate portfolios in various areas. Chris has experience in syndications, car wash ownership, distressed debt, […]

Wealth Without Bay Street 204: Can You Get Rich Buying Cars? The enticing advertisements are everywhere, floating across various platforms, claiming that buying cars can make you rich or help you create wealth. Most people in Canada and the United States are acquiring cars through different means like cash payments, leasing, or financing. But here's an interesting concept: Infinite Banking. It revolves around reclaiming the interest you would have otherwise paid to someone else. It's an intriguing strategy to strengthen your financial standing. ▶ WATCH: Can You Get Rich Buying Cars?  Download a FREE copy of our bestselling books  Cash […]

Wealth Without Bay Street 203: How Soon Can I Stop Paying Premiums with Infinite Banking? In Canada, many people have been conditioned by their past experiences, knowledge, and behavior to perceive insurance as an expense. This often leads to the question: when can I stop paying for this expense?  It's a mindset we commonly have. But as coaches, our aim is to help people overcome this and realize that by changing our thinking, we can start asking more empowering questions.  Instead of wondering when to stop paying, we should ask how long we can continue paying the premium and how […]

Wealth Without Bay Street 202: Income Splitting Strategies for Couples in Canada Curious about how to split income with your partner or spouse? It's a question on everyone's mind, especially when the rules keep changing and it becomes a myriad of complications. People are eager to find ways to maximize their tax benefits.   Our good friend, Dan Allen, joins us to discuss the concept of income splitting. Dan, being a seasoned individual with experience under various governments and tax environments, brings a wealth of knowledge to the table. Don't miss out, tune in and get ready to learn!   ▶ Income […]

Wealth Without Bay Street 201: How to Melt Down Your RRSP: Case Study Looking for a strategy to handle a potential RRSP meltdown? We've got you covered! Our sample plan generally requires a time commitment of at least 6 years. In this real example we accomplished for client Peter, we helped him navigate the process of withdrawing $300,000, while ensuring all taxes are taken care of. The key here is to focus on putting this money into a contractually guaranteed and financially secure solution, offered by reliable insurance companies.  Unleash the full potential of your retirement savings!  WATCH: ▶ How […]

Wealth Without Bay Street 200: 1st Episode of 2024 “New year, new me” is a thing of the past. How about a New Decade resolution instead? With a decade ahead of us, we have room for growth and forgiveness. Let's focus on gradual and steady progress towards our goals. Reflect on the past, decide what you want to leave behind, and envision all the amazing things that will accompany you on this journey. Remember, small consistent efforts will lead to big results. Let's strive to build our best decade ever!  Join this powerful new conversation: Episode 200 – 1st Episode […]