Unleashed Podcast

40-Is Your Money Safe? Safe Wealth Building Strategies with Special Guest Erica Sherwood

Episode Summary

Welcome back to The Unleashed Podcast, I'm your host, Kristina Sjolund, and today, I have a very special guest. I am so excited for this because I know that I brought it up a few weeks ago on one of the podcasts that I was going to bring my friend on here who is a financial strategist. Finances have always been fascinating to me, although I've never really been a numbers person. I'm not a very good bookkeeper, but I know that they are a problem in a lot of people's lives, and that people struggle with them, wanting to make proper investments to be able to prepare for their future. Most people just don't have that guidance, the proper guidance, to lead them in a way that works for them. This is why I want to share with you my amazing friend Erica and her wealth building strategies. Ready? Let's get started...

Episode Notes

LEARN MORE ABOUT THE CONTENT DISCUSSED...

• Kristina's Website: https://kristinasjolund.com

• Unleashed Facebook Group: http://unleashedinsiders.com

• Kristina’s Instagram: @kristinaunleashed

• Erica's Website: https://livingwealthyfinancial.com

• Text - WEALTH: 5122702037

 

SHOW NOTES:

•    One of my favorite things that Wayne Dyer says, we talked about this a little while ago, is that in rejecting something you know nothing about is like the ultimate form of ignorance. And so any time I hear a strategy, or I hear something that could educate me more on something that I know nothing about, then I'm very open to it. (5:26)

•     And then I started researching that, I learned about the infinite banking concept, which is what we're gonna talk about today, and how you could have safe money strategies that have paid dividends for 10, 60 years, even through the Great Depression. (8:03)

•    There's many ways that it works and many benefits, so when you think about life insurance, you think about, Oh, it's only going to benefit you when you die. And with the types of policies that I believe in, you have living benefits and you have access to that money, so this high cash value, early early high cash value dividend policy is... It's a wealth-building strategy. (12:02)

•    So the key factor is the uninterrupted compounding interest, and that is how you build wealth, that's how you build legacy wealth, and how you can teach your kids how to not get trapped in the world of going out and borrowing money and paying cash for things and all of that. You can teach your children how to take control of their finances and to have that financial freedom, true financial freedom. (20:33)

•    And I'm not here to convince someone that it's the best thing for them because it may not be for them. They may not want to use it like I do, they may want to have more risk, I don't want any risk because I have made a lot of mistakes. I used to work for a financial company years ago, and a lot of people's money was tied in the stock market, and people will come in and write 100,000 checks, and then the next week it would only be 20,000 and it just made me sick to my stomach. (24:34)

 

WHEN DOES IT AIR...

September 30, 2020