Shows
Perennial PrideHave Your Dollars Do More Than One JobToday, Tom dives into the concept of wealth stacking, emphasizing the importance of making money work for you in multiple ways. He introduces the infinite banking concept as a strategy to leverage life insurance for wealth accumulation and explores various methods to utilize home equity and investment portfolios effectively. Tom also highlights the risks associated with leveraging debt and the importance of making informed investment decisions to ensure financial growth and security. Tune in to hear more! Highlights 02:59 - Challenging traditional wealth-building. 05:56 - Introduction to Infinite Banking concept. 08:39 - Borrowing against life insurance...2025-04-0315 min
Perennial PrideThe Buy, Borrow, and Die StrategyToday, Tom discusses the 'Buy, Borrow, and Die' strategy, a wealth-building approach that emphasizes the importance of acquiring assets, borrowing against them, and utilizing tax laws to pass wealth efficiently to the next generation. He highlights the benefits and risks associated with this strategy, including the significance of the stepped-up basis and the need for careful estate planning. Tom encourages listeners to integrate these strategies into a cohesive financial plan and to start small with practical steps. Tune in to find out more about this strategy! Highlights 02:54 - Importance of asset ownership. 05:23 - Borrowing against...2025-02-2016 min
Perennial PrideTax-Savvy Strategies: Proactive Planning to Maximize WealthIn this episode, Tom discusses the importance of proactive tax planning, especially as the year comes to a close. He emphasizes the need to plan ahead to avoid last-minute stress and suboptimal financial decisions. The conversation covers various aspects of tax planning, including deductions, credits, income conversion strategies, and navigating tax brackets. Tom encourages listeners to educate themselves about the tax code and work with financial professionals to optimize their tax situations and ultimately retain more wealth. Highlights 03:32 - Planning to mitigate tax stress 05:56 - Tax deferral: conventional wisdom 07:35 - Importance of deductions2025-01-3028 min
Perennial PrideCreating Lasting Experiences Through Financial Independence with Clint HarrisIn this podcast episode, Tom chats with Clint Harris, a general partner at Nomad Capital, who shares his unique journey from a medical sales career to the self-storage investment space. Clint discusses the importance of financial independence, the pursuit of a meaningful life, and how he transitioned into real estate investing. He highlights the advantages of self-storage as an asset class, the innovative business model of Nomad Capital, and the deeper purpose behind their investments, which focuses on creating opportunities for families to spend quality time together. In this conversation, Tom and Clint dive into the complexities of real...2025-01-2342 min
Perennial PrideThe Entrepreneurial Mindset with Richard WalshIn this episode, Richard Walsh joins Tom and shares his extensive entrepreneurial journey, beginning from his time in the Marine Corps to becoming a successful business owner and coach. He discusses the challenges he faced during the 2008 economic downturn, the importance of shifting from an employee mindset to an owner mindset, and the critical role of feedback in validating business ideas. Richard emphasizes resilience in the face of rejection and the necessity of learning from failures to achieve success in entrepreneurship. Tom and Richard dive into the multifaceted journey of entrepreneurship, emphasizing the importance of commitment, understanding expectations, and...2024-12-0550 min
Perennial PrideHow to Access Cash for OpportunitiesIn today's episode of the Perennial Pride podcast, Tom discusses different options for leveraging assets without liquidating them. He explores the use of personal credit cards, home equity lines of credit, margin accounts, and cash value life insurance as sources of capital. Tom highlights the pros and cons of each option and emphasizes the importance of being disciplined and responsible when using debt as leverage. He also emphasizes the need to be prepared and have access to cash in order to take advantage of opportunities that may arise. Tune in to hear more! Highlights 03:00 - Building...2024-11-0720 min
Perennial PridePowers of Attorney, Healthcare Directives, and Living Wills Explained with Alessandra LongIn this episode of the Perennial Pride podcast, host Tom Suvansri welcomes back state attorney Alessandra Long for part three of their estate planning series. They dive into crucial topics like powers of attorney, healthcare directives, and living wills. Alessandra explains the importance of setting up these documents before a crisis strikes, offering practical advice on how they can protect you and your loved ones. Tune in to learn how to ensure your wishes are respected and avoid the stress of legal complications during tough times. Highlights 03:08 - Importance of Durable Power of Attorney 06:50...2024-10-1032 min
Perennial PrideEstate Planning Essentials: Understanding Wills and Trusts with Alessandra LongIn this episode, Tom Suvansri welcomes back estate planning expert Alessandra Long for a deep dive into the essentials of wills and trusts. Following their initial discussion on estate planning basics, Tom and Alessandra explore the key elements of wills, from the different types to the importance of having one in place, no matter your life stage. They also break down trusts, explaining their purpose, how they can benefit even those without vast wealth, and why funding a trust is crucial. This episode offers practical advice to demystify estate planning, helping listeners understand how to secure their financial legacy.2024-10-0347 min
Perennial PrideBuy Back Your TimeIn today's episode, Tom dives into the essence of maximizing our most precious resource: time. Inspired by Dan Martel's book "Buy Back Your Time," Tom explores strategies for entrepreneurs and individuals alike to leverage their time effectively. He covers the concept of the "ignorance tax" and emphasizes continuous education, leveraging other people's skills, and utilizing technology and tools for efficiency. Tune in for practical tips on accelerating your wealth, finding fulfillment, and ensuring you spend your time on what truly matters. Highlights 01:31 - The Scarcity of Time: Our most precious resource. 02:18 - The Ignorance Tax...2024-08-0815 min
Perennial PrideUnlocking Financial Power with Whole Life Insurance: Featuring Joseph DeFazioIn this episode of the Perennial Pride podcast, Tom welcomes Joseph DeFazio, founder of 10th Street Capital. They dive into the powerful potential of whole life insurance, explaining how it can serve as a "family bank" or "infinite bank" throughout different life stages. Learn more about the guaranteed cash value, the role of dividends, and the steady growth designed into these policies. Join Tom and Joseph for a concise breakdown of how whole life insurance can provide control, security, and growth for your financial future. Highlights 01:12 - Importance of taxes in financial planning. 04:56 - Joe’s...2024-07-1856 min
Perennial PrideThe Five Pros and Cons to the Infinite Banking ConceptToday, Tom offers a comprehensive exploration of the pros and cons of the Infinite Banking Concept. From tax advantages and guaranteed growth to asset protection and legacy planning, Tom breaks down the complexities of utilizing whole life insurance policies for cash storage and management. Discover how the IBC philosophy can provide stable capital storage, tax advantages, and legacy planning opportunities, while also navigating the upfront costs, qualification process, and potential complexities associated with this unique financial approach. Whether you're new to infinite banking or seeking deeper insights, join Tom as he sheds light on whether this strategy is the...2024-05-1619 min
Perennial PrideEntrepreneurial Insights: Navigating Success and Self-Awareness with John PapaloniFor today's podcast, Tom is joined by special guest John Papaloni. They dive into John's entrepreneurial journey, from being a DJ to founding multiple businesses, including an eight-figure print and marketing company. John shares his insights on self-awareness, financial preparation, and the importance of balancing passion and profitability in the world of entrepreneurship. Learn from his experiences and discover the keys to success on your own entrepreneurial path. Don't miss out on this valuable conversation! Highlights 04:30 How Tom started his journey of owning multiple businesses 06:12 The balancing act between taking action quickly and taking time...2024-03-2142 min
Perennial PrideUnlocking Financial Freedom with Toby MathisJoin Tom for an enlightening episode featuring Toby Mathis, an attorney, entrepreneur, author, and tax expert. Toby shares his journey from humble beginnings to becoming a founding partner of Anderson Law Group. They discuss the keys to financial freedom, including the importance of diverse income streams, leveraging assets, and comprehensive financial planning. Whether you're a seasoned investor or just starting your financial journey, Tom and Toby's insights will inspire you to take control of your finances and create a lasting legacy. Don't miss this opportunity to learn from a true expert and achieve your financial goals. Highlights2024-03-1443 min
Perennial PrideBoard Game Wisdom: Life and Financial LessonsIn this episode, Tom explores life and financial lessons through classic board games like Life, Monopoly, and Cashflow Classic. Discover the valuable insights these games offer, from financial education to building assets and achieving financial freedom. Join Tom on this entertaining and educational journey down memory lane. Share this episode with others, and stay tuned for more empowering discussions on Perennial Pride. Highlights 01:19 The game of following the leader in personal financial space and its drawbacks 04:18 Ways to regain control over personal finances and life 06:21 Reflections on upbringing and the lack of financial discussions2024-02-2220 min
Perennial PrideUnlocking Financial Freedom: The Multifamily Real Estate Journey with Jen & Stacy ConkyToday's episode welcomes special guests Jen and Stacy Conkey, the founders of the Remote Multifamily Investing Academy. With over 20 years of entrepreneurial and real estate experience, they share their journey from corporate America to property investment and multifamily real estate. Discover the advantages of multifamily investments, such as cash flow and equity growth, and their commitment to creating passive income for a better lifestyle and lasting memories. Join Tom for this insightful conversation on real estate investing and financial freedom. Highlights 02:04 How Stacy left her corporate America job early to jump into real estate, a decision...2024-02-1540 min
Perennial PrideSecuring Your Future: Navigating Life's UncertaintiesIn today's episode, Tom dives into the unpredictability of life, from tragic accidents to unexpected health crises. He discusses the importance of preparation, inspired by the wise words of Seneca and Ben Franklin. Join Tom as he explores the three crucial steps to secure your future – protection, time management, and taking action. Tune in to discover how you can take control of your life, regardless of the uncertainties that lie ahead. Highlights 02:11 The uncertainty of life and why it is important to make choices depending on the information available, and have the ability to allow ourselves to...2024-02-0818 min
Perennial PrideThe Road to 100 with Mike BrevikJoining Tom on this monumental 100th episode is Mike Brevik, founder of Cyberdogz Marketing and part of the driving force to help launch the Perennial Pride podcast. They discuss the evolution of topics, and share their passion for learning and sharing valuable insights. Tom and Mike share their thoughts on the real-life experiences that shape a podcast's content. Join them as they explore the endless possibilities of personal growth, financial wisdom, and the pursuit of a meaningful life. Highlights 01:28 Evolution and experiences learned throughout the podcast journey 03:53 Challenges to keep the podcast within specific themes2024-02-0129 min
Perennial PrideAlternative Wealth-Building Strategies with Parker PursellIn today's episode, Tom is joined by Parker Pursell, the President at EQRP, a financial services company dedicated to helping individuals build freedom in their wealth and lives. Parker shares his unique journey from working at Chick-fil-A to becoming a key player in the world of finance. Tune in to hear how Tom and Parker encourage individuals to take control of their financial future and learn about smart investment strategies. Highlights 01:36 The path of success for Parker Pursell 04:42 How Parker became the president at EQRP and how he dedicates his work to facilitating freedom in...2024-01-2541 min
Perennial PrideVirtues of Wealth: Finding Purpose and ProsperityListen in as Tom delves into the core virtues of courage, temperance, justice, and wisdom and how they can transform your life and financial journey. He reflects on the importance of these virtues in personal growth, building wealth, and making a positive impact on others. Discover how embracing these virtues can lead to a more fulfilling and meaningful life. Tune in for insights and inspiration on living a life of purpose and prosperity. Highlights 01:18 Tom’s personal journey and fascination with the philosophy of Stoicism 02:07 The concept of living virtuously as per Stoicism and how it...2024-01-1819 min
Perennial PrideTurning Expenses Into Assets with Jesse RaynesTake a listen as Tom welcomes special guest Jesse Raynes, Managing Partner at Inception Financial. They dive into innovative wealth-building strategies that you won't find elsewhere. Jesse's career evolution from Hollywood actor to solar executive has paved the way for a unique approach to tax mitigation and generating yield. Explore how this turnkey opportunity lets you repurpose existing expenses into assets that not only save you money but also provide significant tax advantages and potential cash flow. Highlights 01:28 Jesse’s background of the solar industry, its growth, and work in selling assets off to large institutional bu...2024-01-1129 min
Perennial PrideIs Cash Flow a Better Indicator of Wealth?In today's episode, Tom shares practical insights for reshaping your wealth journey. Discover the importance of generating cash flow and explore tips for investing in yourself, diversifying income sources, and optimizing tax strategies. Unlock a prosperous financial future with a fresh perspective on wealth-building. Highlights 01:23 The necessity of money for financial freedom and quality of life 04:09 Tom’s personal views on the need for combining long-term investing with living in the present and generating immediate cash flow 05:50 How you can buy back more of your time using your assets 07:12 The value of investing in...2024-01-0417 min
Perennial PrideIs Franchising Right For You? with Kim DalyWelcome to today's podcast! Tom welcomes franchise consultant Kim Daly to the show. They share their common ground in parenting and the pursuit of opportunities for change. Kim's journey from a nutritional biochemist to a franchise consultant unfolds, revealing the power of unexpected twists. The discussion dives into the essence of franchising – a proven business model that offers a faster track to success. She emphasizes the collaborative nature of the franchise community, debunking myths about entrepreneurship's isolation. The episode concludes by exploring brand equity and the potential for remarkable returns within the franchise world. Join Tom for an engaging co...2023-12-2839 min
Perennial PrideA Fresh Approach to Financing CollegeJoin Tom in this episode as he explores a unique approach to financing college education for his children. As his sons approach their high school years and college decisions loom on the horizon, Tom shares valuable insights into empowering kids to take ownership of their futures. This episode offers a fresh perspective for parents navigating the challenges of funding higher education, providing inspiration on how to prepare your children for college while nurturing their ability to make informed decisions and take charge of their own lives. Don't miss this insightful discussion on a forward-thinking approach to college financing. 2023-12-2117 min
Perennial PridePersonal vs Corporate Finance Strategies with Stephanie WalterIn this episode, Tom chats with Stephanie Walter, a real estate entrepreneur with a family legacy of business. From a regular job to founding her own insurance agency in 2005, Stephanie's journey was guided by her father's wisdom. She ventured into real estate, now managing $300 million in assets through syndication. Discover the power of mentorship, collaboration, and seizing opportunities in this inspiring conversation by tuning in today! Highlights 01:00 Stephanie’s entrepreneurial background 04:06 How her interest in buying apartments led her to a boot camp where she learned about syndications 06:17 The transitional phase from her job to...2023-12-1438 min
Perennial PrideEmbracing Life's Uncertainties: Preparing for the UnexpectedJoin Tom in this thought-provoking podcast episode as he reflects on the uncertainties of life and the importance of preparing for unexpected events. Drawing insights from tragic incidents, philosophical wisdom, and personal experiences, Tom discusses the significance of comprehensive protection, the value of time, and the power of taking action. He emphasizes the necessity of planning for worst-case scenarios, prioritizing meaningful moments, and building passive income streams to secure a fulfilling future. By embracing a proactive approach and making incremental steps, you can shape your destiny and achieve the freedom and security you desire. Tune in for practical advice...2023-12-0715 min
Perennial PrideUnlocking Financial Freedom with Joey MureIn this exciting episode, Tom is joined by Joey Mure, co-founder of Wealth Without Wall Street and host of the Wealth Without Wall Street podcast. Joey shares his journey from a corporate job with limited financial knowledge to discovering the path to financial freedom and passive income. They discuss how he stumbled upon the concept of infinite banking and realized the importance of taking control of his finances. He emphasizes the need to invest in yourself and explore alternative ways to generate passive income beyond traditional investments like 401(k)s. Tune in to this episode to learn more about...2023-11-3044 min
Perennial PrideA Thanksgiving MessageIn today's special episode, Tom takes a moment to appreciate the simple joys of life amidst the hustle and bustle of the holiday season. As he reflects on time and the importance of family, friends, and gratitude, he reminds us all to pause and cherish the moments that truly matter. Tune in for a dose of inspiration, recharge your spirit, and embrace the upcoming year with renewed energy. From all of us at Perennial Pride, we wish you a wonderful Thanksgiving filled with warmth and reflection! Highlights 00:31 The importance of taking a pause, taking a break...2023-11-2104 min
Perennial PrideProtecting Your Wealth Against Uncertain Future Taxation with Jeremy KesslerIn this final episode, Tom and Jeremy Kessler delve into the complexities of future taxation. They discuss the potential impact of changing tax rates, the Trump tax laws set to expire in 2025, and the looming challenges with estate taxes and government debt. With humor and expertise, they explore strategies for safeguarding your wealth and staying ahead of the evolving tax landscape. Whether you're a business owner or an individual looking to protect your financial future, this episode offers valuable insights and practical advice. Don't miss this candid conversation about the ever-changing world of taxes and how to navigate it...2023-11-1620 min
Perennial PrideTax-Saving Tips: Maximizing Your Wealth Before Year’s End with Jeremy KesslerIn this podcast episode, Tom and Jeremy explore tax strategies and financial planning for the current year, offering tips to mitigate taxes for various income sources. They discuss retirement planning, Roth IRAs, energy investments, charitable donations, and optimizing business entity structures. Join us to learn about tax-saving strategies that could benefit you this year. Highlights 02:08 Importance of being aware of tax implications in retirement when drawing from 401ks and the benefits of that coming out tax-free 05:17 How you can do conversions for its tax-free benefits 09:31 HSA as good tax vehicle 11:45 Offsetting gains with...2023-11-0927 min
Perennial PrideLearning From Past Tax Years - Part 1 with Jeremy KesslerJoin Tom for this three part series with tax expert Jeremy Kessler as they dive deep into the world of taxes and financial planning. Taxes can be a complex and daunting topic, but with the right insights and advice, you can save money and reduce stress. In this episode, Tom and Jeremy discuss the importance of tax planning, the benefits of staying organized, and strategies for optimizing your tax situation. Whether you're a business owner or a W-2 earner, there's valuable information here to help you take control of your financial future. Tune in now and start saving on...2023-11-0221 min
Perennial PrideA Team Based Strategy for SuccessIn today’s episode, Tom talks about the power of collaboration and team-based strategies for achieving financial success. With summer in full swing and memories of childhood sports days, Tom reflects on the significance of teamwork in various aspects of life, from sports to business. Despite the growing trend of individualized financial approaches, Tom stresses the importance of forming a comprehensive advisory team to navigate the complexities of personal finance effectively. Drawing inspiration from the Rockefeller family's multi-faceted approach to wealth management, Tom encourages listeners to consider a holistic model that embraces a proactive planning team supported by a ne...2023-10-2616 min
Perennial PrideLeadership, Financial Planning, and Continuous Learning with Alex FleckerIn today's episode, Tom welcomes client Alex Flecker, a senior leader at a Fortune 500 Company, who has a rich background in the military and corporate America. Tom and Alex delve into a variety of topics, including leadership, financial planning, and the importance of continuous learning. Alex's journey, from military service to corporate success, provides valuable lessons that listeners can apply to their own lives. Tune in to hear, from a client perspective, how he thinks about life and finances. Highlights 01:53 Alex takes a nostalgic trip back to when he and the host worked together in corporate...2023-10-1935 min
Perennial PrideThe Power of Teamwork and CollaborationWelcome to the latest episode of the Perennial Pride podcast. As the summer of 2023 closes, Tom reflects on the fleeting nature of time, especially as his children grow and face new life choices. Drawing parallels to the power of teamwork in childhood sports, Tom dives into the prevalent yet misguided notion of individualism that often overshadows the importance of collaboration and diverse perspectives in education and life. This philosophy extends seamlessly into the realm of personal finance, which can be intricate and overwhelming for many. Tom highlights the crucial value of a team-based approach, exploring the concept of a...2023-10-1216 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 9: Using your IBC PolicyIn the final episode of this series, Tom and Chris talk about how to use your IBC policy. One of the ways to use your policy is access to loans where you get to determine the terms, repayment schedule, and interest rate. Another opportunity is tax-free income and accrued interest. These are just a couple of the ways to use your policy. Tune in to hear more about these benefits and other opportunities to use your policy! Highlights 02:33 How to start using the IBC policy 05:21 The experience of buying a policy and its impact over...2023-10-0540 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 8: IBC for the Business OwnerIn today’s episode of the series, Tom and Chris talk about cash flow management being a crucial aspect of business and IBC offers an alternative method to traditional banking. A business owner who creates their own private bank has the ability to take advantage of tax benefits, dividends, and greater control of loan terms without any liens on business assets. With the immediate availability to cash, life insurance can play a huge role in land and real estate investment as well. Thinking about becoming a business owner? Take a listen to hear more about the benefits available through an...2023-09-2823 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 7: Using IBC to Pass WealthToday, Tom and Chris discuss the importance of transferring wealth across generations and how that can be accomplished using IBC. Chris shares his personal story about his father’s whole life policy and how it grew over the years giving him the ability to set up policies for his own children. They talk about the value of having conversations about finances, death, and wealth growth within the family, and the emotional aspects that come with it. Tom also explains how he has structured the policies for his own children. Tune in to hear how affordable life insurance actually is an...2023-09-2132 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 6: Isn't It Better to Buy Term?Tom and Chris discuss the “buy term and invest the difference” strategy, which advises purchasing term insurance for temporary coverage while investing the cost difference in the stock market. They emphasize the benefits of diversification in investment portfolios and suggest considering various risk assets. They also discuss the advantages of whole life insurance as a risk management tool, providing stability and liquidity during financial hardships. Take a listen to her more about this and how it can benefit you! Highlights 01:01 One of the rules around IBC: To rethink your thinking. 03:56 Migration out of pensions and into...2023-09-1436 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 5: The Life Insurance IndustryFor today’s episode of the series, Tom and Chris discuss various aspects of the life insurance industry and its relation to the Infinite Banking Concept. They highlight the difference between life insurance companies and stock companies, emphasizing that life insurance companies are owned by their policyholders while stock companies are owned by the public and more focused on short-term returns. This episode also touches on the role of life insurance as a wealth storage tool. Tune in to hear a better understanding of how a life insurance policy can benefit you in more ways than you thought possible!...2023-09-0727 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 3: How Does a Whole Life Policy WorkIn today’s episode, Tom and Chris talk about delayed gratification and its impact on life and wealth in a world of instant gratification. They discuss the need for finding a balance between immediate gains and future-oriented actions. Embracing failure as a part of growth and building good money habits through consistent savings, risk mitigation, and a balanced approach to wealth building are keys to success. Identifying foundational elements of wealth that withstand various conditions is essential. Tune in to hear Tom and Chris discuss strategies to impact both wealth and life success. Highlights 02:16 How customers ar...2023-08-2425 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 2: How IBC WorksToday, in part two of Tom’s series with Chris Tormey, they dive into how IBC actually works and the benefit it has for managing finances. They explain how IBC gives people the opportunity to take control of the banking function in their lives and that whole life isn’t just for income replacement but also serves as a means of building equity and legacy. Take a listen to learn more about how to leverage cash value during your lifetime. Highlights 01:27 The misunderstandings around life insurance 02:08 Varieties of whole life versus term insurance 07:08 Benefits of w...2023-08-1737 min
Perennial PridePerspectives on IBC with Chris Tormey - Part 1In this nine part series, Tom is joined by fellow IBC Practitioner Chris Tormey to provide their perspective on Foundations of IBC. Today, in part one, they elaborate on the Infinite Banking Concept itself. They further discuss the characteristics of a good investment and how a well-structured whole life policy can provide benefits such as accessibility to cash, minimal market volatility, protection against inflation, and ultimate control of your wealth and finances. During this series, they will share the common misconceptions about IBC and shed more light on the many benefits of this way of thinking. Tune in over...2023-08-1034 min
Perennial PrideSecrets of the Ultra-Wealthy with Dave WolcottToday, Tom is joined by Dave Wolcott: Author, podcast host, and founder and CEO of Pantheon Investments to talk about entrepreneurs building wealth by passively investing in superior real estate and alternative assets that provide predictable cash flow and tax efficiency. Tom and Dave talk about shifting paradigms to find success and freedom in life and own their futures so they can achieve and invest more than they thought possible. Tune in today! Highlights 00:07 Who is Dave Wolcott? 01:50 What Dave’s background looks like 03:15 The inception of his entrepreneurial journey, triggered by dissatisfaction with co...2023-08-0338 min
Perennial PrideInvest In Family First to Provide Big DividendsTime moves fast and before we know it, years fly by especially when we start getting comfortable. We can often neglect to stop and reflect on why we are doing the things we are or aren't doing. The world's most influential values are family, relationships, and financial security. Tune in today to hear Tom talk about his hopes to inspire others to think about how they can best support their families and leave a lasting mark. Highlights 00:43 Reflecting on aligning actions with values 02:57 A survey on the world's most influential values: Family, relationships, and financial s...2023-07-2721 min
Perennial PrideDefense Can Help You Win Championships in Life and Wealth with Curtis MayTom is joined by Curtis May of Practical Wealth Advisors to talk about freedom of wealth and life. They help their clients achieve more than they thought possible from a financial perspective and want more control over their money. They want to become financially independent before age 65. They are committed to lifelong learning and know that with the right education, they can find the best solution for their financial well being. Tune in today to learn where you could be losing significant wealth and practical ways to address them. Highlights 02:21 The importance of practical advice and...2023-07-2042 min
Perennial PrideHow Golden Handcuffs Can Minimize Your Potential ImpactIn today's episode, Tom talks about the potential recession coming given rate hikes and debt with companies. We are starting to see layoffs as some of the larger corporations that may have hired too many, too fast. However, many corporate professionals need paychecks and healthcare. Most have built good net worth but not much liquidity. Tom talks about assessing your financial foundation and getting the tools to help you manage and maximize your cash flow. Tune in today! Highlights 02:44 Encouragement for people considering a change in their career or life but finding it too daunting 05:11...2023-07-1318 min
Perennial PrideHow To Bring Peace of Mind to Your Family with Everett SussmanTom is joined today by estate planner and attorney Everett Sussman. Death isn't something everyone wants to talk about, but the reality is that it will eventually happen. Society has come to rely on the government more than ever for benefits and reduced the freedoms we have in life. Majority of families don't have an estate plan in place. Listen to hear about why you should have a plan in place and what trends are coming related to estate planning. Highlights 01:34 How Everett got into estate planning law 04:15 Addressing concerns about what happens in various...2023-07-0637 min
Perennial PrideHit Singles First Before You Can Hit Home Runs in Real Estate InvestingIn today's episode, Tom talks about his son and when he started to play baseball: He is a good athlete but didn't quite know what he was doing. He needed to learn the game. The same can be applied to Real Estate Investing. It's something many want to get into, but they just don't quite know where to start. Tom shares the opportunities he used to get educated and how he leveraged his whole life policy to save and store cash. Tune in today! Highlights 03:37 Finding different opportunities for investing 05:17 Starting the journey into real...2023-06-2922 min
Perennial PrideThe Truth About The Cost of Education with Monica FeltonTom is joined again by Monica Felton, a College Financial Planner to talk about alternative ways to pay for college. They talk about the misconceptions of what the true cost of college is and the reality of funding options (many think there's a lot of money to get from the government and schools), but the reality is a lot worse. Tune in today to learn about alternative ways to fund your child's Highlights 01:11 Monica's passion of making college more affordable 02:30 Understanding the true cost of college 05:19 Importance of saving and good grades for students2023-06-2230 min
Perennial PrideDon't Let Your Ego Be The Enemy to Great SuccessIn today's episode, Tom talks about being curious, courageous, and cautious when it comes to life and wealth. He recalls his self-effacing childhood and not wanting attention, but feeling good about himself. This pushed him to learn more and research things. Tom talks about how your ego can be your enemy and the importance of pressure testing yourself to gain courage and know to "quit" for the betterment. Highlights 01:11 Tom reflects on their past experiences with ego 03:09 The importance of continuous learning and remaining open-minded 05:28 A story of ants and how it can apply...2023-06-1515 min
Perennial PrideTake Responsibility To Avoid Surprises in Life and Your Business with Chad SpitzerJoining Tom today is Chad Spitzer of the Captive Insurance Group to talk about building the right financial foundations and removing surprises to bring more certainty to your business. Tune to hear about alternative ways to protect risks to your business. Highlights 01:29 Chad’s background in finance and how his family works in the insurance business 02:38 Purpose behind captive insurance and how it saves businesses premium costs while providing coverage 05:16 Captive insurance as setting up a separate entity to cover business risks 09:28 Captive insurance allows for investment in conservative assets to grow surplus2023-06-0833 min
Perennial PrideDelayed Gratification is a Key to Success In LifeIn today’s episode, Tom talks about delayed gratification and the impact it has in life and wealth. Everything is essentially one click away; Amazon, dinner, clothes, entertainment, etc. When it comes to your wealth and life, doing things the easy way doesn’t always pay off. But being disciplined teaches you to be patient and think about the long term. Evaluate what you’re invested in and determine if it’s a good long-run option. Set up a call today so you can continue to grow and learn over the rest of your life. Highlights 03:21 The mars...2023-06-0119 min
Perennial PrideFailures Can Be Your Best TeacherPractice makes perfect, right? We get frustrated when we fail but in the moment, we don't always understand that failures can be your best teacher. It’s important to be open-minded and have a growth mindset to learn from failures so they aren’t repeated. Tune in to hear about the lessons Tom has learned from failing and how he overcame them. Highlights 01:01 Importance of learning from failures and how it applies to financial life 02:17 Examples from baseball players Babe Ruth and Ty Cobb and how their successes and failures highlight the importance of taking risk...2023-05-2522 min
Perennial PrideUse Leverage to Gain Success and WealthLeverage: We use it in so many different ways and parts in our lives whether it be relationships, skills and talents, time or connections. We can gain ultimate freedom in life by using leverage. Tune in to hear how Tom encourages people to see what types of leverage they might be able to use to boost their wealth and success. Highlights 02:04 Using the analogy of pole vaulting and high jumping to illustrate the concept of leverage 04:04 Highlighting the importance of relationships, connections, and network for leverage in personal and professional life 07:10 Leveraging personal skills and...2023-05-1821 min
Perennial PrideWhy Everyone Should Have a Disability Insurance Policy with Hunter BrownToday, Tom is joined by Disability Insurance Expert Hunter Brown to help listeners better under the importance of disability insurance (DI). Did you know that about 12% of the population suffers a long-term disability and at age 35, you have a 50% chance of experiencing a disability of three months or longer? Tune in to hear Hunter and Tom discuss myths and confusion around DI, what they wish people understood about DI, and the key options when considering a type of DI policy. Highlights 01:40 Hunter Brown's background in disability insurance 03:57 What is disability insurance? 06:37 Types o...2023-05-1636 min
Perennial PrideFailing to Plan is Planning to FailIn today’s episode, Tom talks about a 2013 PBS series on the retirement crisis that is still very applicable today. Most people don’t have pensions to rely on for retirement and have moved to risk type retirement. Cash flow is king as you need it to let you live the life you want. Listen in to hear what you can do to prepare for a stress-free retirement. Highlights 00:21 Transitioning to retirement instead of aiming for a fixed target 02:14 Focus on controlling and achieving financial freedom 04:13 Key risks: Longevity and diversifying income streams 09:06 Taxe...2023-05-1121 min
Perennial PrideCreating Freedom in your Life and Business Requires Action with Ryan CondieJoining Tom today is Ryan Condie to talk about creating freedom in your life. Our time is our most precious resource and we need to be doing everything we can do to protect that resource. The economy is changing and people are looking for the next journey in life. Freedom and control of life requires taking responsibility. Investing is something you can own and control to reduce risk. Tune in to listen as Ryan shares his advice for those wanting to get into business for themselves. Highlights 01:11 - Ryan's journey into buying businesses and how i...2023-05-0931 min
Perennial PrideDon’t Sacrifice Freedom for SecurityIn today’s episode, Tom’s you through the history of 401k plans and how it may play out for most people later in life and even in legacy. What was originally created for the uber wealthy when the tax rate was 70%, has now become the mainstream way for people to invest for retirement. You CAN have more security over your wealth AND still have access to it by following a different path. Schedule call with me today to learn more and get started today! Highlights 00:22 The discussion on the role of government in controlling finan...2023-05-0418 min
Perennial PrideWhy Entrepreneurship Can Be the Right Move with Carolyn TormeyToday, Tom is joined by Carolyn Tormey, a career ownership coach to talk about the benefits of entrepreneurship and franchising. With the economy changing and the potential for layoffs, on top of people retiring and looking for the next journey in their lives, many are understanding that time is our most precious resource. Moving to self-employment and away from corporate America is a way to provide yourself with financial freedom as these times are changing. IBC can help make a lot of this possible. Tune in to hear more about franchising, if it's right for you, and what to...2023-04-2733 min
Perennial PrideTake Ownership and Clear Your HeadA positive mindset can do so much not only for your day-to-day life, but also for your financial headspace. Think about pouring clean water into a dirty bucket - the more you pour, the cleaner the water gets. Tom talks about the importance of evaluating your financial situation and identifying ways to pour clean water into your personal and financial life. It's important to take full responsibility in your life because no one will do it for you. Your beliefs are what drives what you think which drives how you act. What are your actions doing for you today?2023-04-2514 min
Perennial PrideThe Keys to Balance Your Life and WealthIn today's episode, Tom talks about the importance of a balanced environment for our finances and our lives and maximizing our resources. He talks more about creating efficiencies of our resources and using those dollars to buy back some of those resources. In life and finances, we have to play both sides - offense and defense. Tune in to hear Tom talk about how to best play both sides of the game. Highlights 01:43 How the basic concepts of gaining more control and freedom of our finances can relate to a football team and its setup. 03:41...2023-04-2016 min
Perennial PrideGaining Knowledge and Experience Is Key To Success in Real Estate Investing with Adonis and Daniella ChambleClients Adonis and Daniella join Tom today to share some of the things they have learned about personal finance and real estate investing. Working in the real estate industry, they understand the power of real estate as an investment class. Purchasing a duplex home, living on one side, and renting out the other, their tenant is helping to pay the mortgage. Being coachable and open-minded clients, they were willing to learn more about IBC and leverage it as a financing source for investments. Listen in as they share some interesting experiences to those considering real estate investing and careers.2023-04-1835 min
Perennial PrideGaining Wealth Through Education and Financial LiteracyIn this episode, Tom shares his thoughts on the Netflix documentary “Get Smart with Money.” This documentary talks about the basic fundamentals on personal finance but still focuses on the cookie cutter type of finance rather than thinking outside the box to create financial freedom and control most desire. Listen in to hear Tom talk through the positives and negatives of conditional thinking around finance. Highlights 00:47 The importance of continuous learning, avoiding "arrivals syndrome," and the effect of financial anxiety 01:14 The lack of financial literacy in our school systems and the prevalence of financial anxiety amon...2023-04-1324 min
Perennial PrideYour Estate Plan or The Governments…Which One Do You Want? With Alessandra Messineo LongSociety has come to rely on the government more than ever for benefits, security, financing, etc. Tom and lawyer Alessandra Messineo Long discuss how security has reduced the freedoms we have in life. Think about taxes - they come in so many shapes and sizes. When it comes to Protection vs. Wealth Accumulation, most people want to focus on the latter, but how do you protect them when you obtain them? Tom and Alessandra further discuss Estate Planning (taxation and legacy and the various aspects of an estate plan that can be leveraged while living making it easier/more...2023-04-1132 min
Perennial PrideCreating a Steady Paycheck to Maximize Wealth and Minimize Stress with Bryan McCloskeyJoining Tom for a second time is friend and colleague Bryan McCloskey of Revisionist Wealth. Continuing up in their previous episode “The Retirement Experiment is Failing,” Tom and Bryan talk more about the definition of retirement and how most people focus on net worth but in retirement, it’s about cash flow and income. Pensions are no longer common for most outside of government jobs; money is being challenged and markets are in turmoil. It’s important to maximize the use of assets to create the most income from a dollar. Listen in to learn why thinking about money in accum...2023-04-0631 min
Perennial PrideThe Emotional Side of Personal Finances with Mark BertrangPeople don’t often talk about the emotions tied to their finances. Financial Advisor Mark Bertrang joins Tom as they talk about the emotional side of personal finances. In his book, Investments Don’t Hug, he shares true life stories of families who have gone through significant pain by loss of a loved one unexpectedly and how having a life insurance plan provided such value for those families. He calls it a “love letter” to your family to show you truly cared for them to have it in place. Mark also shares his strategy so spend each dollar of his asse...2023-03-3047 min
Perennial PrideCreating Seat Belts and Bumpers to our Financial LivesToday, Tom shares different ways to safeguard your assets while accumulating wealth AND during the distribution and transfer of wealth to the next generation. Tune is to hear more about reducing the impact of negative things on our wealth. Highlights 00:33 Parents are always worried about our kids’ safety and ensuring that they get the right education 02:09 Some general topics around how we safeguard and protect our wealth 03:38 The core elements of building a strong financial foundation 04:28 Helping people understand what are the basics around building good money habits like saving on a consistent basis 07:53 Protection, ed...2023-03-2817 min
Perennial PrideYou Don’t Have To Sacrifice Your Future to Pay For College with Monica FeltonJoining today is another fellow IBC practitioner Monica Felton who specializes in utilizing your family bank to pay for college. College is getting very expensive causing many families to question the value of it. Tom and Monica are big believers in investing in ourselves and getting education but still need to make smart decisions, especially ones that could impact parents' ability to retire. Tune is as Monica shares with Tom her opinion on the best way to pay for college, the difference between a wealth builder strategy/whole life policy/529 plan, and the biggest mistake families make around paying...2023-03-2337 min
Perennial PrideReaching Your Potential in Life and Wealth with EJ FernandezToday, Tom and EJ Fernandez of Ed James Insurance Brokerage talk about creating the lives we want and determining how your business/work can fit in and support it. People often think our work is our life and it becomes the center of who we are and what people associate with us. It’s a major part, but not the only part that defines us. There are two financial paths one can go down: Protection or wealth accumulation. Although insurance is not the most exciting topic to discuss, it does provide the ability for people to not have to wo...2023-03-1636 min
Perennial PrideExposure For Your Business is Great; Leaving It Exposed Is Not with Kevin MicinilioTom is joined by Kevin Micinilio, an Independent Insurance Agent who helps business owners make sure they are protected from the unexpected. They talk about the importance of commercial insurance and what exposures most people don’t cover but should. How prepared are you for when it doesn’t go right? Highlights 01:30 How Kevin got started with commercial insurance 06:20 Helping clients in real estate investing by protecting their assets and understanding the supply chain issues 11:14 Issues that owners should be thinking about regarding their properties 15:23 Insurance costs as a major factor in owning a property 18:14 Cons...2023-03-0942 min
Perennial PrideWhat Does Freedom Mean to You?In today’s episode, Tom talks through various definitions of freedom and they relate to our financial lives. He shares how the “system” is set up to control more of our wealth and we need to be more aware of what is happening in banks, financial institutions, and government. Listen in to learn how to get freedom from banks and taxation by investing in things you can control and own. Highlights 00:30 Freedom as a challenge 02:37 The definition of freedom 04:46 Impact of conformity on personal freedom of choice 05:47 The power of self-determination and the freedom of choice...2023-03-0725 min
Perennial PrideSimple Steps to Protecting Your Assets and Legacy with Jim BurchJoining Tom on today’s episode is estate planner Jim Burch. During this episode, Tom and Jim talk about how society has come to rely on the government more than ever for benefits, security, and financing. Death is a certainty, but the timing of it is not. Tune in to learn more about the basics of estate planning and how easy it can be to get something started. Highlights 01:33 How he started with his business and venturing in entrepreneurship 03:22 Estate planning and business planning services discussion 07:29 Having the ability to scale your business 10:03 Creating a st...2023-03-0239 min
Perennial PrideWinter is Coming....Are you Ready?With it still being early into the year 2023, Tom talks about how it’s a good time of year to assess various areas of your financial life: Savings, growth, debt, cash flow, etc. Tom shares how he feels it’s always prudent to think that things could change for the worse. It’s important to focus on what you can control, what you can influence, and what you cannot control. Tune in to listen as Tom explains how to assess those areas of your financial life. Highlights 00:57 The reality of life 02:23 Are we prepare...2023-02-2821 min
Perennial PrideBeing Unconventional is Needed to Build Abundance in Life with Dave ZookIn 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 and listen to learn where you can invest to bring more benefits and certainty to your life. Tom and Dave provide you with a glimpse into al...2023-02-2333 min
Perennial PrideHow Protecting Your Family Can Help Protect Your Wealth From TaxesToday, 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 to take them. Listen in and schedule a call with me to learn how WL Insurance can be a valuable asset to have if you’re...2023-02-0916 min
Perennial PrideGet Your Dollars MovingAs 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 life you really want every day? Highlights Exploring financial freedom and control. - 0:11 The two models for building assets and achieving financial independence. - 3:36 Exploring the velocity of mon...2023-02-0714 min
Perennial PrideTaming Cybersecurity Risk Requires You Take Proactive Steps with Joe VittiTom 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 bring increased awareness to this risk! Highlights How Joe Vitti started in cybersecurity. - 1:30 The most common risks in cybersecurity and the protection strategies that people should...2023-01-2631 min
Perennial PrideCreating Options With Your Family BankNothing 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 you income or borrowing against your policy to fund your premium until things solidify. These are just a few examples of where balance and flexibility lead to f...2023-01-1919 min
Perennial PrideFocus on What You Can Control with Brandon JenkinsTom 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 focusing on things you can control and impact. Listen in to learn about stoicism and the obstacles in the way and how these things impacted Brandon’s life. Hear about ho...2023-01-1237 min
Perennial PrideGet Your Assets To Do As Many Jobs As Possible to Bring You WealthMany 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 differently and how they could be used to create the maximum wealth by having them do as many jobs as possible. Tune in to hear how maximizing the...2022-12-2216 min
Perennial PrideTake Calculated Risks to Find Your Passion and Own Your Life with Michael GlattsRegret 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 obtain control of their life. Tune in to learn more about control and freedom in life. Highlights Who is Michael Glatts...2022-12-1531 min
Perennial PrideTurning Fear Into Empowerment to Generate Great WealthTo 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 turn negative into positive. Highlights Tom’s personal experience surrounding inflation, interest rates, and the potential for recession. - 0:40 Dealing with fear: How to overcome challenges and em...2022-12-0814 min
Perennial PrideProtect and Keep More of Your Wealth Through Title Insurance and 1031 Exchanges with Erika BaldinoJoining 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 gains of a rental property. Make sure you are taking responsibility so you can protect and keep more of your wealth from your biggest asset. 2022-12-0134 min
Perennial PrideBuilding Your Wealth and Assets By Taking on DebtTom 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 wealth rather than hinder it. Highlights How debt can impact your life negatively. - 2:23 The two ways how you can take on...2022-11-2415 min
Perennial PrideEstate Planning Can Help You Create The Legacy You Want with Rick RandallIn 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 plan in place. With some planning, you can ensure your family is prepared and gains access to the wealth you want for them. Listen in on how to...2022-11-1739 min
Perennial PrideHow IBC Boosted My Real Estate InvestingToday, 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 investing on his own. All this wouldn’t have happened without control of his family bank. Highlights How a young player overcame early struggles in h...2022-11-1020 min
Perennial PridePreparing Our Heirs For WealthIn 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 receive? 7 key principles from "The Richest Man in Babylon" for financial success The building blocks of financial thinking 3 different ways to grow your wealth The hierarchy of wealth: Building your base and...2022-10-2721 min
Perennial PrideSee The GoodIn 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 freedom. Highlights The power of gratitude in achieving success The importance of a growth mindset in personal finance Understanding your financial situation How you...2022-10-2617 min
Perennial PrideSecure True and Ultimate FreedomToday 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 and learns how to move forward. Tom believes it’s about having the ability and mindset to tackle anything. Highlights What the book Wealthy on the Num...2022-10-2018 min
Perennial PrideBuild Self-AwarenessIn 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 invest in things you believe in and what you want to achieve with your financial life. Highlights What are the different steps involved in bu...2022-10-1813 min
Perennial PrideCreating Confidence from Optimized Daily Experiences with Aaron ChapmanJoining 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 options to then come and work with someone like him. Listen today to see how IBC and conventional funding can work together for you! Who’s The Guest? Aaron Chapman is a v...2022-10-1357 min
Perennial PrideOwn Your Response and Be AccountableIf 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 encourages you to think internally vs being pressured by what the external world dictates. Grab your copy of Tom’s book today! Highlights Why did Tom wr...2022-10-1118 min
Perennial PridePurpose and Passion Are Keys to Life with Tammi BrannanWho’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 today is Tammi Brannan of Blueprint Process; Tom’s friend and business coach. They talk about uncovering your purpose and passion in life to not only gain fulfillment but wealth too; the ways to create your blue...2022-09-2929 min
Perennial PrideSaving vs. InvestingIn 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! Highlights What the book, Richest Man in Babylon, is all about The difference between saving and investing Another option for safety: Treasury Bonds and Bills The best place to stor...2022-09-2211 min
Perennial PrideUsing the Family Bank For Your Entire Life (Part 1)In today's episode, Tom focuses on a topic centered around how Family Banking can be used all through life. He equates it to quarters/periods in a game and covers the first half of life. Tom breaks it down even further into quarter one (0-25 yrs) and quarter two (26-40 yrs). Stay tuned for Part 2 coming soon! Highlights Why read the book, the Wealthy Garden How discomfort can help push you to your boundaries of achieving what you want What the purpose of family banking is When is the best time to get insurance When...2022-08-2525 min
Perennial PrideFinancial Leaks Can Cost You a FortuneToday, Tom shares the concept of having adequate resources to impact the most important things in life. Unfortunately, there are a number of ways people are losing wealth that they don't know about or are unnecessary if they were open to new options. He walks through each of the core ones and provides a brief overview of them with some examples. Tom will be going more into them along the path of this podcast. Highlights How watching his son play sports reminded Tom how important it is to develop the idea of teamwork and collaboration...2022-08-1824 min
Perennial PrideOpen-Mindedness and Continual Education for Financial Success with Bruce WehnerIn this episode, Tom is joined by Cash Flow Specialist, Bruce Wehner from e3wealth. Tom and Bruce discuss the importance of constantly growing and learning, thinking long-term for success (not instant gratification), taking responsibility/ownership for your actions, and entrepreneurship. Highlights Guest Spotlight: Who Bruce Wehner is What the four processes are to communicate effectively Bruce’s background and how he got started For Bruce, what is infinite banking and how can people benefit from it? Delayed gratification What you should be looking for in a financial institution Why is it a must to ge...2022-08-1149 min
Perennial PrideLearning is EarningWhat do you want other people to say to you when you’re gone? What kind of life story would you like others to write about you? For today’s episode, Tom shares his insights and takeaways from the PEM summit he attended recently. He talks about the effective ways how you can spend more time with yourself and others. Tom also discusses the different steps on how you can create a legacy and impact other people’s lives. Highlights What the main themes of the conference are Effective ways on how you can sp...2022-07-2813 min
Perennial PrideParallel Paths to Financial SuccessBuilding wealth is always a very interesting topic: It sparks debate between the get rich schemes to trading your time for money building your own businesses or engaging in trading and stocks. But what really is the secret to building your wealth? For today’s episode, Tom explains the two paths we are on in our financial lives. He talks about how wealth works and what are the common challenges most people face once they start to reach for the maximum potential of their wealth. Tom also shares his secret about how he helps other pe...2022-07-1411 min
Perennial PrideCash Flow is KingWhether you have a business or you’re working for one, no matter how big or small it is, cash is the lifeblood that pumps through the veins of that business. Profit is important, but having a positive cash flow is what keeps the business going and increases the company’s value too. And this applies to investing in yourself. For today’s episode, Tom shares his ideas on investing and creating cash flow after building your foundation of a family bank. He also talks about how you can start deploying your assets and the things...2022-07-0112 min
Perennial PrideFamily Journey and Its Impact On MeThis is the initial episode of the podcast in which I share my parents' journey to come to America to have a better life. Although they seemingly had tremendous success, their lack of knowledge and connection to advisors causes them to lose it all. Their struggles and failures were a gift for me as they pushed me to take ownership of my family's finances and pushed me to start my own financial practice to empower others to do the same. Highlights What to expect from the Perennial Pride podcast How Tom’s parents influenced his vi...2022-07-0113 min